Please share if you find this article interesting. Crypto Markets See Visible Drop Off as Major Coins Are in The Red Wednesday, Nov. 8: most cryptocurrencies have seen a drop-off today, with the most visible losses seen by Bitcoin Cash (BCH) and Ripple (XRP), as data from Coin360 shows. As of press time, the markers are seeing mixed signals, mostly staying in the red. Market visualization from Coin360 While in the beginning of the week Bitcoin (BTC) was mostly in the green, up almost to 2 percent on the day Monday, Nov. 5, today the major coin is hovering around zero, mostly staying in the red and trading around $6,450 as of press time. Bitcoin 7-day price chart. Source: CoinMarketCap Bitcoin Price Index Ethereum (ETH) is also about 2 percent down on the day, being traded sligh...
Please share if you find this article interesting. Nine Leading Shipping Operators Launch Global Business Network Based on Blockchain Nine major terminal operators and shipping companies have signed a Memorandum of Understanding (MoU) to launch an open digital platform based on distributed ledger technology (DLT), The Maritime Executive, a major industry source for maritime and marine news, reported Nov. 6. The MoU, aimed at forming a consortium to develop a shipping industry blockchain alliance dubbed the Global Shipping Business Network (GSBN), has been signed by the world’s leading shipping operators during the China International Import Expo in Shanghai on Nov. 6. The article notes that the software solution for the global shipping business network will be provided by CargoSm
Please share if you find this article interesting. Etherdelta Founder Fined $400K for Operating Unregistered Securities Exchange - Bitcoin News Exchanges The U.S. Securities and Exchange Commission has published details of a cease and desist order it has taken against Zachary Coburn, the operator of Etherdelta. The decentralized ER20 token exchange was the leading Ethereum DEX during its peak, executing more than 3.6 million orders. According to the SEC, many of those orders were for unregistered security tokens. Also read: Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels Zachary Coburn Settles With SEC Zachary Coburn Zachary Coburn is almost $400,000 out of pocket after settling with the SEC for having operated Etherdelta as an unlicensed exchange w
Please share if you find this article interesting. Early Trading Shows Clear Preference In Divide Over Bitcoin Cash Fork An experimental market on a major crypto exchange suggests that bitcoin cash users may favor the more established version of the software, Bitcoin ABC, ahead of an expected fork this month. Due to the technical design of the cryptocurrency, currently the fourth-largest by market capitalization, bitcoin cash users must "hard fork" the blockchain, or adopt a new software version with changes as decided by open-source developers, every six months. Things are different this time around, though, amid the emergence of a rival version of the software called Bitcoin SV. As a result, anticipation has been growing that bitcoin cash (BCH) may undergo a divisive hard fork ...
Please share if you find this article interesting. Mining Giant Bitmain Hurries to Deploy 90,000 S9 Antminers Ahead of Bitcoin Cash Hard Fork Ahead of the imminent Bitcoin Cash (BCH) hard fork, mining giant Bitmain has rushed to deploy around 90,000 Antminer S9 machines to the western Chinese region of Xinjiang, Chinese blockchain news source DeepChain reports Nov. 8. As reported, the BCH network will hard fork on Nov. 15, and Bitmain is reported to be strategizing its role in the forthcoming computing “power war” by reaching out to local mining farms in the coal-rich region of Xianjing. Local mining pool operator Yu Hao told DeepChain that the mining titan has been in talks with “almost all” the local mining farms since late October, and persuaded them to host almost 90,000 of i
Please share if you find this article interesting. South Korea to Triple the Budget for Blockchain Projects Compared to 2018 The South Korean government has agreed to invest $35 million in next year’s budget to develop blockchain technology and industry related to distributed ledger technology (DLT), South Korea's largest economic information service company Korea Economic Daily reported Nov. 8. South Korea’s government has held a meeting on industry related to DLT and blockchain technology with the participation of the Ministry of Science and ICT, the Ministry of Information and Communication, the Democratic Party of Korea, and others. The Vice Minister of Health and Welfare announced during the meeting that the ministries agreed to increase the budget for the next year by three
Please share if you find this article interesting. Can Blockchain Save Anime? Startup to Protect the Culture from ‘Unavoidable’ Decline A Japan-based blockchain platform says the country’s beloved anime industry is at an impasse. While the number of global fans for this distinctive, inimitable animation style has been growing exponentially, artists face “a harsh work environment with very little incentive.” Twilight Coin fears that, if this trend continues, it is unavoidable that both the quality and quantity of Japan’s anime culture will start to go in decline. This is why it is offering a “creator to consumer” model which enables artists to connect directly with fans and receive funding for projects that everyone is passionate about. The company believes that this could also ge
Please share if you find this article interesting. Zimbabwe's P2P Bitcoin Exchange Cryptogem Launched in Defiance of Central Bank Ban Exchanges Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions. Also Read: French Lawmakers to Lower Cryptocurrency Tax by 6 Percent A Globalized Cryptocurrency Exchange “Cryptogem Global is a … bitcoin trading platform where people around the globe can exchange their local currencies and e-money to bitcoin,” Melissa Mwale, co-founder and chief executive officer of Cryptogem Global, told news.Bitcoin.com. M
Please share if you find this article interesting. Venezuela to Present Petro to Intergovernmental Group OPEC as Unit of Account for Oil Venezuela will present its state-backed cryptocurrency Petro as a unit of account for crude oil trading to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, the country’s oil company PDVSA reports on its Twitter Nov. 7. The PDVSA has cited its president Manuel Quevedo, who also holds the position of Venezuela’s Minister of Oil and Mining, speaking about the future presentation: "We will be presenting Petro to OPEC in 2019 as the main digital currency backed by oil." According to the PDVSA, Quevedo also added that Petro will be offered as a unit of account for global crude oil trading, noting that all Venezuelan oil will be
Please share if you find this article interesting. Set Phasers to HODL: Star Trek's William Shatner Tweets in Support of Vitalik Buterin William Shatner’s positive Tweet posted yesterday, Nov. 7 about Ethereum (ETH) co-founder Vitalik Buterin has led to backlash from crypto Twitter about the alleged centralization of Ethereum’s network. Shatner is a Canadian actor who became a sci-fi icon for his portrayal of James T. Kirk, captain of the USS Enterprise, in the American television series Star Trek. Since then, the actor has become arguably equally as well-known for his role in television commercials as the Priceline Pitchman. The former spaceship captain turned Priceline spokesman has an audience of around 2.52 million followers on Twitter. At the outset, Shatner’s thumbs-up Twee