Monthly Archives: March 2018

Hong Kong Exchange OKEx Rolls Back Futures Transactions

Hong Kong–based cryptocurrency trading platform OKEx announced on March 30 that it was rolling back on all futures transactions due to what executives deemed an “irregular sell-off.” The exchange issued the following statement on its support page: To prevent forced-liquidations due to price differences after the settlements in ‘bi-weekly’ and ‘quarterly’ futures contracts, we will rollback the transactions as mentioned, and all futures contracts will be delivered at 00:00 Mar 31, 2018 (Hong Kong Time). Further announcement will be made if there are any changes in delivery […]

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Seoul Mayor Aims To Launch Capital’s Own Crypto, Establish Better Environment For Blockchain Startups

Seoul intends to develop a better environment for Blockchain projects, create own cryptocurrency, according to mayor Park Won-soon. Park Won-soon, the mayor of Seoul, has declared his intentions to launch South Korean capital’s own cryptocurrency and create a better environment for the development of Blockchain and digital currency projects in the city, the news outlet Hankyoreh reported March 30, referencing an interview with Coindesk Korea. Park made a public announcement on March 22, stating that he would pursue the creation of Blockchain-oriented industrial clusters and startups and […]

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 30

Technical analysis on top 9 cryptocurrencies. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The total market capitalization of the cryptocurrency industry reached $832 bln on January 07 this year, along with the talks of how it would reach $1 trln in 2018. Fast forward three months and […]

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Major Polish Bank To Implement Blockchain Document Storage System

Polish PKO Bank has partnered with Blockchain company Coinfirm to build a DLT-based tool for document storage and verification. A Polish major bank PKO Bank Polski has recently announced their partnership with Blockchain company Coinfirm to provide a DLT-based storage and verification system for bank documents, TechCrunch reported on March 29. The recently signed agreement aims to bring Blockchain technology to PKO’s banking system via the Trudatum tool developed by Coinfirm. The system will provide customers with a secure means to access documents containing information regarding regulations, […]

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Malta Gaming Authority Proposes Blockchain Gaming Guidelines, Testing Sandbox

The Malta Gaming Authority has proposed guidelines on cryptocurrencies and Blockchain applications by the gaming industry. The Malta Gaming Authority (MGA) has recently issued a document with guidelines on Blockchain and cryptocurrency applications in the gaming industry, the regulatory organization announced March 29. The @MaltaGamingAuth publishes a consultation document on a Sandbox Environment for Distributed Ledger Technology and Virtual Currencies. Read More: https://t.co/CNcMSoyKDC pic.twitter.com/dv5MffiuOb — MaltaGamingAuthority (@MaltaGamingAuth) March 29, 2018 The public document called “Guidance on the use of Distributed Ledger Technology and the acceptance of Virtual […]

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Intel Releases Patent for New Cryptocurrency Mining Accelerator

Intel, one of the world’s largest semiconductor companies, has filed a patent for a new Bitcoin mining chip accelerator. Entitled “Bitcoin Mining Hardware Accelerator with Optimized Message Digest and Message Scheduler Datapath,” the patent was originally submitted in September of 2016, but is now being released for the first time. Bitcoin and cryptocurrency mining has long been under scrutiny for the excessive energy it allegedly uses. Countries like Iceland, for example, admit that more energy is used to mine Bitcoin than to power its residences, while cities […]

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Cryptocurrency Exchange Bittrex Introduces Stable Tether-to-TrueUSD Pairing

Bittrex, a U.S.-based cryptocurrency exchange, has issued a trading pair between tether (USDT) and TrueUSD (TUSD), two stable tokens pegged to the U.S. dollar. While tether is issued by Tether, TrueUSD is issued by TrustToken. Unlike other cryptocurrencies, stable tokens are pegged to the value of traditional money. In this case, tether and TrueUSD are both pegged to the U.S. dollar, so that one token is worth one dollar.   Stable tokens are useful in that they protect traders from market volatility. The question is, why would one […]

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France and Germany: How Regulatory Traditions in Two Countries Could Affect EU Legislation

Key EU members have always had significant state presence in handling tech industries. How will their past policy experience translate into emerging Blockchain governance? The first meeting of G20 finance ministers and central bank governors this year was anticipated by the crypto community after a series of separate words and deeds on regulation among the world’s biggest players. But no joint framework declarations followed the meeting. With the Financial Stability Board’s cautious statements casting chill over individual members’ enthusiasm to discuss crypto matters, all that came out […]

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Bitcoin ATM Installed in Georgia Amid Growing Interest in Crypto

A new automated teller machine now offers Georgians a fast and easy way to buy and sell bitcoin and litecoin. Support for bitcoin cash has been promised, and other cryptos will also be added in the future. The ATM has been set up at a burger restaurant in the heart of the Georgian capital Tbilisi. Also read: Crypto Business Is Now Legal in Belarus Bitcoins and Burgers Cryptocurrencies in Georgia have been gaining popularity in recent years. The country has become a regional leader in the adoption […]

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Thailand Cryptocurrency Regulations To Start In April

Thailand’s finance minister expects crypto regulations to be put into effect in the coming month. The military government is edging closer to the April implementation date of crypto regulations. The government expects the taxation of crypto to curb money launderers, tax evaders and criminal activities that use Cryptocurrencies as a facility. The policy is a product of weekly deliberations and cabinet meetings attended by Apisak Tantivorawong, the Thailand finance minister who later came out on Tuesday to disclose the agreement. The finance minister argues that the imposing […]

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