Cryptocurrency Daily News Bulletin: November 12, 2018

November 12, 2018 12:54 pm Published by

General News

China’s new blockchain alliance, the “Guangdong, Hong Kong and Macao Dawan District Blockchain Alliance”, has been established to promote synergy using blockchain technology as they seek to develop four blockchain platforms across multiple sectors.

Colorado State Securities Commissioner Gerald Rome has issued a cease and desist order to four ICOs for allegedly offering unregistered securities.

Singapore Exchange Limited (SGX), along with the Monetary Authority of Singapore (MAS), have announced they have successfully tested the use of blockchain technology for tokenized assets settlement. Developed with technology partners Deloitte and Nasdaq, the Delivery versus Payment (DvP) prototypes successfully “demonstrated that financial institutions can carry out the simultaneous exchange and final settlement of tokenized digital currencies and securities assets on different blockchain platforms”.

South Korea’s cryptocurrency exchange Zeniex will soon terminate its services due to a recent government crackdown on unauthorized platforms.

Cryptocurrencies

Bitcoin Cash $515.26 USD (-5.21 percent): BitPay has joined the industry heavyweights including Coinbase and Binance in backing the Bitcoin Cash ABC side of the upcoming Bitcoin Cash hard fork.

Cardano $0.075759 USD (-0.48 percent), Zcash $125.44 USD (-4.01 percent), and Stellar $0.272243 USD (1.57 percent) started to surge over the last week and weekends trading, as the anticipation towards additional cryptocurrency listings on Coinbase builds following the listing of Basic Attention Token and 0x.  

EOS $5.39 USD (0.30 percent) has is at the centre of fresh controversy after evidence emerged showing a moderator reversing transactions which had already been confirmed.

Ethereum $211.01 USD (-0.31 percent) developers are eyeing January 16th as the date on which Constantinople, ethereum’s upcoming network hard fork, could launch. This comes after failing to meet the November deadline.

Litecoin’s $50.86 USD (-1.44 percent) Litecoin.com is now offering the option of buying LTC on its platform.

NEM $0.105287 USD (13.09 percent) is one of the biggest gainers today within the top 100 coins. The news of Coincheck finally officially resuming trading services for the altcoin may have sparked the move, with strong volume coming into its trading.  

Ripple $0.501670 USD (-0.39 percent) partner and international payment platform TransferGo says it is exploring the benefits of Ripple’s XRP-powered xRapid. Meanwhile, Ripple announced that Japan and Brazil are to see a new cross-border remittance service soon, with Banco MUFG Brasil S.A. (an MUFG Bank subsidiary) signing a MoU with Banco Bradesco S.A. Ripple may also be expanding into the Chinese market through their partnerships with American Express and LianLian Group.

Tron $0.022549 USD (-1.54 percent) has broken Ethereum’s record for the highest number of transactions on Nov. 9, 2018. Till now, the highest number of 24h transactions of ETH recorded was 1,349,890, on Jan 4, 2018, while that of TRX was 1,367,488, on Nov 9, 2018.

WN.com, Jamie Saarloos



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