# Bitcoin News
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November 22,2019 by Ashwath Balakrishnan at Bitcoin
Bakkt, an institutional derivatives platform, broke into the limelight with its plan to launch the first-ever physically settled Bitcoin futures contract. After the successful launch of said product, the company has confirmed they will be facilitating cash-settled futures on ICE Futures Singapore, November 22, 2019. Crypto Derivatives See Major Boost...
November 21, 2019 by Ogwu Osaemezu Emmanuel at
Bitcoin
China-based bitcoin mining equipment maker, Canaan Creative raised $90 million in its U.S. Initial Public Offering (IPO), after selling the IPO shares at the bottom of its marketed range, reports Bloomberg on November 21, 2019. Canaan Creative Raises $90 Million at IPO Per the report, Canaan Creative was able to...
November 21,2019 by Ashwath Balakrishnan at Bitcoin
Jerome Powell, chairman of the Federal Reserve, responded to an inquiry by two congressmen who urged the Fed to consider the prospect of a central bank digital currency (CBDC). As per Ledger Insight, chairman Powell's response confirmed the Fed has assessed the possibility and continue to research the implications from...
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# Ethereum News
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November 22,2019 by Anthonia Isichei at Ethereum
Block reward on the Ethereum network is currently down by 1,000 ETH amid a slight increase in block time, signaling the emergence of yet another ‘difficulty bomb.’ Miners, dApp projects, and hodlers will have some decisions to make regarding the difficulty bomb even as Ethereum moves towards a pivot to...
November 21, 2019 by Georgi Hristov at
Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, News Digest
Total crypto market cap lost $14.2 billion to its value since Monday, November 18 and now stands at $220.1 billion. Top ten coins are mostly flat for the last 24 hours with Binance Coin (BNB) losing 2.6 percent of its value. At the time of writing bitcoin (BTC) is trading...
November 20,2019 by Ashwath Balakrishnan at Ethereum
The Ethereum network will be undergoing a network upgrade, or a hard fork on approximately December 7, 2019, at block number 9,069,000. All node operators and miners are requested to upgrade their node clients to account for variable block times. Users holding ETH on exchanges or wallets need not take...
# Blockchain News
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French video game company Ubisoft has inked a deal with Ultra – a blockchain-based games distribution platform that offers new solutions to both developers and gamers. Per sources in the know, Ubisoft will provide the necessary infrastructure to validate transactions happening on Ultra’s blockchain. This, according to a report by...
November 21, 2019 by Edoardo Vecchio at
Blockchain
SABB and HSBC executed for the first time a blockchain-based trade transaction between Aluminium Bahrain B.S.C. (Alba) to Saudi Arabia’s Altaiseer Aluminium Corporation (TALCO). The news comes from an official post by SABB on November 20, 2019. Global Trade Faster, Safer, and Simpler The transaction executed by SABB and HSBC...
November 20,2019 by Ashwath Balakrishnan at Blockchain
Chinese telecommunications giant Huawei announced the rollout of a blockchain directory for government data that connects over 50 government undertakings to a single network for seamless data propagation. According to Ledger Insight, top brass at Huawei see this as an actionable manner of making data widely accessible and incorruptible, November...
# Altcoins News
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French video game company Ubisoft has inked a deal with Ultra – a blockchain-based games distribution platform that offers new solutions to both developers and gamers. Per sources in the know, Ubisoft will provide the necessary infrastructure to validate transactions happening on Ultra’s blockchain. This, according to a report by...
November 22, 2019 by Ogwu Osaemezu Emmanuel at
Altcoins
DigiByte (DGB), the native altcoin of the DigiByte distributed ledger technology (DLT) project is now supported on DigiFinex crypto exchange. DigiFinex users can now trade the DGB/USDT pair and the exchange has hinted that it's conducting a token airdrop to reward new users, according to a blog post on November...
November 21,2019 by Aisshwarya Tiwari at Altcoins
In a press release issued on November 20, 2019, leading enterprise-grade crypto-asset risk management solutions provider Elliptic announced transaction monitoring support for Ripple Inc.’s XRP digital token. XRP Transaction Monitoring Now Possible In a bid to bring more legitimacy to the often frowned upon cryptocurrency space, London-based crypto venture Elliptic...
# Regulation News
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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...
November 20, 2019 by Osato Avan-Nomayo at
Regulation
While calls continue for a lenient crypto tax regime, one commentator says a ‘de minimis’ exemption status for virtual assets will encourage Bitcoin tax evasion, reports Law 360. Crypto Tax Evasion Will Become Commonplace According to Law360, Omri Marian of the University of California’s Irvin School isn’t in support of...
November 19,2019 by Osato Avan-Nomayo at Regulation
The U.K. is now the latest jurisdiction to classify cryptocurrencies and virtual assets as property. The Times reports that a legal panel chaired by Sir Geoffrey Vos, Chancellor of the High Court reached the decision which presents significant implications for the legality of cryptocurrencies and blockchain assets in the U.K....
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