Ethereum Alliance to Create Smart-Contract Rating System – February 5

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $9,379

Bitcoin price has recovered slightly today, rising almost 2% to reclaim the $9,300 mark.

Top-20 altcoins are all in the green, as XRP and Ethereum gain 3% each, and Bitcoin Cash leads the way with a 9% gain.

Top Stories for February 5, 2019 πŸ”₯

πŸ‘‰ Ethereum Alliance to Create Smart-Contract Rating System

Quantstamp, MythX, and others have teamed up to launch the “Ethereum Trust Alliance”, which will develop a smart-contract rating system.

The system is intended for use by individuals, to assist in determining whether or not a smart-contract is secure.

Currently, the average user must rely on the word of the smart-contract creator, and/or a third-party audit of the contract.

πŸ‘‰ $2.8B Laundered Through Crypto Exchanges in 2019

A report from Chainalysis has claimed that over $2.8 billion dollars in cash and assets were laundered through cryptocurrency exchanges last year.

According to their tracking methods, over 50% of the funds were laundered through Binance and Huobi, likely through OTC brokers.

πŸ‘‰ 4,000 BTC to be Auctioned by US Government This Month

US law enforcement officials will be auctioning off over 4,000 Bitcoin on February 18th, with a market value of about $37 million.

The 4,000 BTC will be broken down into different-sized portions for the auction, and bidders will be required to make a $200,000 deposit to participate.