# Bitcoin News
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December 5,2019 by Ashwath Balakrishnan at Bitcoin
Last week marked the launch of Phemex, a cryptocurrency derivatives exchange launched by Jack Tao, previously the global development leader of Morgan Stanley Electronic Trading's benchmark strategy. According to Reuters, the platform can process 300,000 transactions per second and delivers a response to orders in a millisecond, December 5, 2019....
December 5, 2019 by Ogwu Osaemezu Emmanuel at
Bitcoin
DXM, the crypto-powered financial services platform owned by Dunamu, the parent firm of Upbit Bitcoin (BTC) trading venue, one of South Korea’s leading exchanges, has partnered with cryptocurrency hardware wallet manufacturer, Ledger, to start offering institutional investors crypto custodial services, according to reports on December 4, 2019. DXM Roll Out...
December 5,2019 by Edoardo Vecchio at Bitcoin
The European Central Bank (ECB) would be considering the possibility of issuing its own digital Euro if the private sector fails to guarantee a convenient changeover for cross-border payments. The news was published by Bloomberg on December 4. Jumping on the CBDC Ship The European Central Bank has joined the...
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# Ethereum News
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Total crypto market cap lost $3.9 billion of its value since the morning of Monday, December 2 and now stands at $197.5 billion. Top ten coins are all in green for the last 24 hours with Binance Coin (BNB) and Bitcoin Cash (BCH) being the best performers with 3.1 and...
December 4, 2019 by Ashwath Balakrishnan at
Ethereum
EtherScan, the most widely used block explorer for the Ethereum blockchain, has been flagged and banned by China's "great firewall". CoinDesk reported that Greatfire.org, a complication of all websites banned by China's firewall, had EtherScan added almost a month ago, December 3, 2019. This is most definitely a signal for...
December 3,2019 by Ashwath Balakrishnan at Ethereum
Synthetix is currently one of the most valuable products in Ethereum's open finance stack and ranks 2nd in terms of total value locked in the protocol with a whopping $175 million. From just under $2 million locked at the beginning of March 2019, when the staking yield kicked in, to...
# Blockchain News
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December 3,2019 by Ashwath Balakrishnan at Blockchain
In a surprising announcement, the Sri Lankan central bank has made a public appeal for developers who can help build a proof of concept blockchain for a KYC system to be used across the country's financial institutions. The government believes this can help the financial sector tackle several inefficiencies that...
December 3, 2019 by Ogwu Osaemezu Emmanuel at
Blockchain
Muroran Institute of Technology (MuIT), a national university in Hokkaido, Japan, is collaborating with telecommunications giants, Nippon Telegraph (NTT) and Telephone West, to develop a distributed ledger technology (DLT) solution for verifying educational degrees and certificates, reports Nikkei on December 3, 2019. Japan Fighting Fake Degrees with Blockchain At a...
December 3,2019 by Ogwu Osaemezu Emmanuel at Blockchain
The Filipino arm of the World Wide Fund for Nature (WWF), UnionBank, the seventh-largest bank in the Philippines in terms of assets, and Streamr, a blockchain project that tokenizes streamable data, allowing users to trade digital content, are joining forces to develop Tracey, a distributed ledger technology (DLT) powered fish...
# Altcoins News
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December 5,2019 by Ogwu Osaemezu Emmanuel at Altcoins
Dash (DASH) one of the top privacy-protecting cryptos in existence has announced plans to update its current blockchain explorer which is built upon the Abe application programming interface (API). The new Dash explorer is based on the Insight API and it is scheduled to go live on January 7, 2020,...
December 5, 2019 by Ashwath Balakrishnan at
Altcoins
Getting people to do good such as recycling and waste segregation requires some degree of economic incentives to be built into the system. Biota, a German waste management association, launched its newest product, Deposy, which acts as a system to collect plastic waste from consumers and link them to recyclers,...
Total crypto market cap lost $3.9 billion of its value since the morning of Monday, December 2 and now stands at $197.5 billion. Top ten coins are all in green for the last 24 hours with Binance Coin (BNB) and Bitcoin Cash (BCH) being the best performers with 3.1 and...
# Regulation News
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November 26,2019 by Ashwath Balakrishnan at Regulation
The Thailand Securities and Exchange Commission (SEC) has announced they are looking into amending the royal decree issued for digital assets in May 2018. According to the Bangkok Post, the SEC has already given certain crypto companies permission to legally operate and serve customers in the region, November 25, 2019. Light...
November 25, 2019 by Aisshwarya Tiwari at
Regulation
Twitter handle @cnLedger on November 25, 2019, quoted the People’s Bank of China’s (PBoC) newly released China Financial Stability Report 2019, where the apex bank stated that the Chinese regulators had clamped down on 173 cryptocurrency trading and token issuing platforms in the country. China Chokes the Crypto Ecosystem China’s...
November 20,2019 by Ogwu Osaemezu Emmanuel at Regulation
As part of efforts to curb the use of blockchain-based virtual currencies for unlawful activities such as money laundering, the United States Financial Crimes Enforcement Network (FinCEN) has mandated all money services businesses (MSBs) such as Bitcoin (BTC) trading venues to start transmitting certain customer info for transactions up to...
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