Cryptocurrency Daily News Bulletin: December 14, 2018

December 14, 2018 2:17 pm Published by

General News

Binance Labs have announced they will expand their incubator programs to Berlin, Buenos Aires, Lagos, Singapore and Hong Kong come March 2019.

PwC has partnered with mining and blockchain software company Bitfury Group to create a blockchain accelerator to meet the “current needs” of their enterprise clients in Russia.

Revolut and Robinhood, two of the world’s fastest growing startups, both separately announced new product offerings that could greatly benefit the crypto industry over the long-term. Revolut announced that it had received a European banking license, whilst Robinhood announced that users can begin registering for early access to its new zero-fee checking and savings service, which offers an industry-leading 3 percent interest rate.

UCLA is gearing up to offer its first accredited blockchain engineering course, thanks to a sizable donation from MouseBelt Blockchain Accelerator.

Russia’s Deputy Prime Minister, Maxim Akimov, believes the current downturn in the market justifies caution in enforcing cryptocurrency regulation. Akimov announced that the authors of Russia’s current daft cryptocurrency legislation to make amendments to the bill.

U.S. SEC official, Valerie A. Szczepanik, claims some blockchain projects may be allowed to bypass securities registration requirements by obtaining a no-action letter.

Cryptocurrencies

Bitcoin $3,316.49 USD (-3.19 percent) has turned the previously skeptical Weiss Ratings after its dramatic fall in 2018. Back in January, it gave Bitcoin a C+ rating in its first crypto ratings index, but now claims Bitcoin is now one of the least speculative investments in crypto and the best store of value.

Cardano $0.029120 USD (-4.12 percent) is developing a pair of new smart contract tools called Plutus and Marlowe, designed to give companies an easy way to build on Cardano. “Plutus provides a general-purpose programming language and tools for Cardano. For non-programmers, Marlowe is a simple way to generate code and create software products.”

Civic $0.050414 USD (-6.08 percent) has hired Apple veteran Phillip Shoemaker as executive director of Identity.com. Shoemaker will be responsible for growth and development of the decentralized identity platform. Civic bought the Identity.com domain in July of this year from a company named Inflection.

Ripple $0.296802 USD (-2.49 percent) is working with one of the largest remittance firms in the UAE, UAE Exchange, to launch blockchain-based payments to Asia by Q1 2019.

Stellar $0.104013 USD (-7.23 percent) just launched several improvements to its blockchain. Version 10.1.0 is designed to improve stability, increase performance and make the code easier to modify in the future.

Tron $0.013053 USD (-2.32 percent) has adopted a new proposal that will reduce the amount of energy it takes to execute smart contracts. The proposal was approved by 22 of the 28 community-elected nodes that process transactions on the network. Meanwhile, TronChat has announced a new roadmap of its DApp ecosystem. Team developers plan to launch an ambitious number of blockchain-based dApps designed to run on the Tron network and to launch a “first-of-its-kind social 3.0 ecosystem.”

WN.com, Jamie Saarloos

 



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