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The index, which has 28 blockchain projects with their corresponding cryptocurrencies, will be updated monthly.

The sector currently has more than 1,500 cryptocurrencies, with total market capitalization of nearly $380 billion, according to digital currency tracker coinmarketcap.com.

Bitcoin, the largest of the digital currencies, last traded at $8,153.39 BTC=BTSP on the BitStamp platform. Ethereum was down 1.4 percent at $689.62.

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