Cryptocurrency Daily News Bulletin: November 7, 2018

November 7, 2018 2:35 pm Published by

General News

Apple have abruptly removed popular crypto podcast “Off the Chain” from its podcast store.

Bitmain has announced it will release its next generation of ASIC chip miners this week.

Deltec Bank & Trust – the recently announced new banking partner of controversial stablecoin Tether – is being investigated by Brazilian law enforcement with the help of Bahamian authorities regarding suspicious transactions.

The Depository Trust & Clearing Corporation (DTCC) has advanced its distributed ledger and cloud-based platform for credit derivatives Trade Information Warehouse (TIW) to a testing phase with 15 global banks, with the aim of taking the tech live in Q1 2019. Barclays is mentioned to be involved, while the other 14 were not named. TIW provides lifecycle event processing services for 98% of all credit derivative transactions worldwide, worth $11 trillion.

The Port Authority of Valencia (PAV) has integrated into the TradeLens platform jointly developed by IBM and shipping giant Maersk.

Thailand’s director-general of the Revenue Department, Ekniti Nitithanprapas, the claims the government agency will employ blockchain technology in verifying whether owed taxes were paid in the correct amounts.

Cryptocurrencies

Augur $14.77 USD (1.71 percent) has seen increased activity on its decentralised betting platform due to the U.S. elections drama. The rush of funds into the mid-terms market has pushed the total dollar amount staked on Augur to a new record: nearly $2.1 million.

Bitcoin’s $6,520.93 USD (1.46 percent) bearish sentiment sank to three-month lows earlier today as short positions placed on crypto exchange Bitfinex fell to their lowest level since Aug. 5. Nonetheless, BTC dominance has fallen to a monthly low of more than 51 percent, as high market cap alts have been rallying.

Ethereum $219.63 USD (3.39 percent): Spanish banking giant BBVA has completed a pilot that put a syndicated loan for $150 million on the Ethereum blockchain. The bank arranged the loan for Red Electrica, the national electricity grid operator in Spain.

Ripple $0.533187 USD (0.45 percent) is courting banks based in Japan, revealing a new meeting with leaders from Tajima Shinkin and Banshu Shinkin Banks. Meanwhile, Atomic Wallet just listed XRP, allowing users to buy XRP using Visa or MasterCard. This all comes as XRP briefly overtook Ethereum once again yesterday to claim the second highest market cap.

Stellar $0.257284 USD (1.98 percent): Crypto wallet provider Blockchain announced its full support for XLM and what it’s calling the “largest crypto giveaway in history.” The company will distribute $125 million in XLM to Blockchain wallet holders who sign up for the airdrop. Blockchain CEO Peter Smith said the Stellar network was chosen as it’s “built for scalability” and has “an active and growing ecosystem.”

VeChain $0.010977 USD (2.37 percent) has partnered with DNV GL, one of the world’s largest independent energy advisory and certification bodies, to create a global, UN-compliant carbon monitoring and trading system. They claim to have gained a lot interest from alliance and government reps of 13 Asian countries. 

WN.com, Jamie Saarloos



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