CRYPTO NEWS

TRON (TRX) network now supported on Crypto APIs blockchain dev suite

Crypto APIs, a blockchain development platform, today announced support for TRON in the Crypto APIs blockchain infrastructure product suite. Users can now interact with the TRON mainnet and Nile networks and make requests using Crypto APIs unified endpoints with an average response time of 25ms.

Now Supported: TRON

Launching its mainnet in May 2018, TRON is a decentralized blockchain platform, that features high performance, safety, and low costs. The TRON network has thousands of ready developers to create, deploy, and run dApps on its blockchain.

The TRON ecosystem supports a wide variety of decentralized applications including DeFi apps, exchanges, collectibles, and games.

“To address the growing demand for operating and building on TRON, we have incorporated it in several of our products. Crypto APIs customers can now interact with TRON and make requests to 20 REST API endpoints using our simplified and streamlined platform. We also provide support for all TRC-20 and TRC-721 tokens.”
– The Crypto APIs Team

Features of TRON Integration on Crypto APIs

TRON for Wallet as a Service 

  • Generate deposit address – through this endpoint customers can generate new TRON addresses for their wallets
  • List deposit addresses – this endpoint will pull a list of deposit/receiving addresses already generated for the blockchain
  • List supported tokens – using this API customers can obtain information on multiple tokens at once.
  • Get wallet asset details – this endpoint provides details on all assets (coins, fungible tokens, non-fungible tokens) for the entire wallet.
  • List wallet transactions – running this endpoint will list transactions from and to their wallet and will include additional data like transactionId, the direction of the transaction – incoming or outgoing, amount, and more.
  • Get wallet transaction details by transaction id – through this API users can obtain wallet transaction information by providing a transaction id. Customers can receive information only for a transaction that has been made from their own wallets.

Crypto APIs has also added two new API endpoints specifically for the TRON blockchain:

  • Create a single transaction request from an address without fee priority –  using this endpoint customers can create a new single transaction request from one address to another without setting a fee priority that defines how fast a transaction can be mined.
  • Create fungible token transaction requests from addresses without fee priority – Via this endpoint, customers can make a single token transaction on TRON without setting fee priority.

Blockchain Events (Webhooks) for TRONAnchor

  • New confirmed coins transactions – using this API endpoint customers can create callback subscriptions for new incoming or outgoing confirmed transactions for coins from/to the specific address. A confirmed transaction means it is verified by miners and added to the next block.
  • New confirmed coins transactions and each confirmation – This endpoint creates a subscription for new incoming or outgoing confirmed transactions for coins from/to the address and also a response for each confirmation the transaction has received until the specified confirmations limit is reached.
  • Mined transaction – by setting a callback subscription to through this API customers will be notified when a specific TRON transaction is mined. The information is returned per specified transactionId. A transaction is mined when it is included in a new block in the blockchain.
  • New block – by creating this subscription a customer will be notified when a new block is mined for the TRON blockchain.
  • Block height reached – using this API customers can create callback subscriptions for a specific block height and get notified when it is reached.
  • New confirmed tokens transactions – with this endpoint a customer will be notified when there are new incoming or outgoing confirmed transactions for tokens from/to the specific address.
  • New confirmed tokens transactions and each confirmation – using this API can be created a subscription for new incoming or outgoing confirmed transactions for tokens from/to the specific address and also a response for each confirmation until the specified limit is reached.
  • New confirmed internal transactions – through this endpoint customers can create callback subscriptions and get notified when there are new confirmed internal transactions.
  • New confirmed internal transactions and each confirmation – with this API customers can create subscriptions for new confirmed internal transactions. Includes also a response at each confirmation.

Blockchain Tools APIs for TRON

  • Validate address – This endpoint checks if the user’s public addresses are valid or not.
  • Derive HD wallet (xPub, yPub, zPub) change or receiving addresses – through this endpoint, customers can derive up to 10 addresses – both change and receive, from a certain HD Wallet (xPub, yPub, zPub), by providing an extended public key.

For more information on each API endpoint, please refer to TRON details and the official technical documentation.

The post TRON (TRX) network now supported on Crypto APIs blockchain dev suite appeared first on CryptoNinjas.

Firm attached to SBI Group obtains approval to offer OTC derivatives in US

A prominent Japanese Financial firm, SBI group, has revealed plans to enhance its services and business partners for the digital assets market in the US. The International financial institution aims to venture into the trading of virtual assets derivatives in the United States.  The group disclosed that one of the firms it had stakes in,::Listen

A prominent Japanese Financial firm, SBI group, has revealed plans to enhance its services and business partners for the digital assets market in the US. The International financial institution aims to venture into the trading of virtual assets derivatives in the United States. 

The group disclosed that one of the firms it had stakes in, Clear Markets North America Inc., had gotten an operational license in the country. The firm, a subsidiary of Clear Markets CM, has obtained a license from the Commodity Futures Trading Commission (CFTC). The firm will provide physically settled over-the-counter (OTC) virtual assets derivatives with the license. 

SBI added that the license is a first-of-its-kind issued by the regulatory body’s Swap Execution Facility (SEF) stipulations. Clear Market is prominent in crypto for creating numerous virtual trading outlets. The firm assisted SBI Alpha, the creator of the SBI group virtual market, in creating its trading platform. The firm has conducted a series of testing transactions of its new trading platform. 

Additionally, Clear Market is preparing to inaugurate its OTC virtual assets derivatives offering. The initiative will come with USD/BTC features for institutional investors. Also, the firm intends to enhance the products on its platform as it finds its feet in the industry. Meanwhile, SBI described the license as a vital development for the virtual assets industry in the United States.

The group described how it takes much effort and time to obtain a license for handling crypto assets. SBI further indicated that the approval by the CFTC will help build SBI’s presence in the market.

However, the recent approval by the CFTC is an attempt to enhance its influence over firms that offer virtual asset services. Before now, there has been a controversial debate over the legitimacy of the CFTC and the Securities and Exchange Commission. Though, a bill by Senator Lummis attempts to clearly define the authority of the two bodies over firms in the crypto space. The SEC aims to have well-detailed regulations to see the two regulators work hand-in-hand.

The ongoing lawsuit between Ripple Inc. and SEC highlights the confusing powers between the SEC and the CFTC. Ripple is challenging the SEC’s authority to oversee and sanction its market activities. Expectations are high on the proposed bill to end the confusion between the two regulators. However, the CFTC has urged lawmakers to make laws that will give it more powers to perform its oversight functions. Specifically, the regulators want authorities to have a prominent role in monitoring derivatives and virtual assets labeled as commodities.

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TRON (TRX) network now supported on Crypto APIs blockchain dev suite

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