One of the reasons for the collapse of the price of Bitcoin and other cryptocurrencies may be the growing popularity of steylkoinoins: in them, many traders see a “safe haven” during periods of uncertainty. Thus, for a long time, Tether USD, which is still under criticism of the stableblock, still firmly holds its position in the market. According to CoinMarketCap , the coin steadily holds the eighth place in the rating: The “stable coin” rate has slipped a bit again in recent days and currently stands at $ 0.9785. Also steadily falling capitalization of this steyblkoina, which is now just…
Author: BlockchainJournal
Malaysian bank CIMB has entered into a partnership with RippleNet to speed up remittances to countries in Southeast Asia. This company Ripple reported on the official website. According to the bank, Ripple will expand the capabilities of SpeedSend, a proprietary money transfer system currently operating in the Philippines, Japan, Singapore, Thailand and India. "We plan to make instant transfers on the Australian, American, British and Hong Kong corridors ," said the CIMB. For his part, Ripple CEO Brad Garlinghaus noted that the implementation of the RippleNet blockchain solution will make bank payments more transparent, faster and cheaper. What kind of…
The owner of the largest BCH pool, Kelvin Air, reported a DDoS attack on his news site. DDosing someone … hahaha https://t.co/k3ybTnnwU5 … .this up my point is exactly on why <br> we Up Need adult Leadership Provided by miners to take over from the Devs. You can build a run on a platform for kids. – Calvin Ayre (@CalvinAyre) 14 leaf fall 2018 r. “Ha ha ha. Someone ddosit CoinGeek.com … That's why I believe that the initiative should be taken from the adults, that is, the miners. You cannot create an industry or business through a platform operated…
The last 24 hours have become very tense for cryptocurrency investors. After two months of stability, the market experienced one of the worst sales this year. CoinMarketCap shows that in less than a day about 26 billion US dollars were lost. Bitcoin not only dropped below $ 6,000, but also reached a level of $ 5,300, forming a new annual minimum. Digital asset fell by more than 12%. Such a devastating fall came as a surprise to many; Bitcoin pulled the entire market down with it. So Ethereum fell by 13%, XRP – by 9.19%, and Bitcoin Cash -…
The only mechanism contributing to the normal operation of the financial market in times of crisis is the digital currencies of central banks (CBDC). About this in an interview with CNBC, said IBM Blockchain technical director Stanley Jung. According to the expert, during the 2008 crisis, it was the lack of confidence in the “delivery versus payment” mechanisms that existed at that time that led to the suspension of the system for regulating financial flows. “Combining banking solutions for digital money transfer systems, delivery mechanisms for all types of goods, derivatives and shares on the blockchain will prevent risks similar…
The well-known cryptocurrency exchange Binance has announced that since November 17 a stable coin (Cine (USDC)) will be available on the platform. Official statement of the exchange: Binance will open trading in pairs USDC / BNB and USDC / BTC 11/17/2018 at 03:00 (UTC). Users can now start making USDC deposits in preparation for trading. The USDC coin was created when you run Circle in late September. But despite a very short period of existence, USDC is now the 49th largest cryptocurrency in accordance with the CoinMarketCap rating. Currently, USDC is most actively trading on the Poloniex exchange,…
Cryptocurrency exchange B2BX announced that it has received a license to work from the Financial Intelligence Unit of Estonia. According to the project team, this will make B2BX one of the first fully regulated exchanges in the European Union. Estonia is one of the most progressive EU countries with regard to cryptocurrency legislation. Sellers and buyers in Estonia have the legal right to use cryptocurrency in their calculations, and cryptocurrency companies are considered as providers of alternative means of payment, brokers, exchangers and exchanges. Obtaining a license will allow B2BX to launch cryptocurrency exchanges, in addition to digital assets, also…
Kik Foundation messenger developers Kin Foundation will refuse the Ethereum blockchain in favor of Stellar, a company blog reported. According to the report, the company will stop atomic swaps with ETH. Not giving exact dates, the Kin Ecosystem Foundation announced the imminent creation of a tool for the withdrawal of KIN tokens from the Ethereum blockchain. During the ICO in September 2017, the team was able to raise about $ 100 million . In November, Kik representatives first spoke about the possible transfer of tokens from Ethereum in connection with the scalability problems of this network. Alternatively, the Stellar blockchain…
Cryptocurrencies remain the most preferred long-term investment for millenial investors. This is evidenced by the results of a survey of consulting company Edelman. According to the report, more than 25% of the polled millennials between the ages of 28 and 34 are already users or owners of digital assets. “Everyone who has cryptocurrencies told that they would like them to be acquired earlier ,” said study author Deidre Campbell. 30% of respondents expressed their interest in the study of cryptocurrency for the purpose of investment. Earlier studies have found that the millennials do not trust banks. For the most part,…
It is not a secret that the fourth in terms of cryptocurrency capitalization Bitcoin Cash enjoys a rather ambiguous reputation among the ardent supporters of Bitcoin and the wider community. Nevertheless, the hard forks of this network, scheduled for Thursday, November 15, are attracting increased attention both due to the recent scandals between the key players of the project, and because of obvious disagreements regarding its further development. As a result, apparently, there will be two competing chains and, accordingly, free coins for BCH holders. The fact that Bitcoin Cash itself appeared as a result of a controversial hard forks,…