Cryptocurrency Daily News Bulletin: December 20, 2018

December 20, 2018 1:33 pm Published by

General News

Australian Securities Exchange’s (ASX) has confirmed plans have not changed on their shift towards a DLT settlement system set for 2020, despite the departure of Digital Asset Holdings CEO Blythe Masters; their blockchain partner.

Blockimmo, the world’s first regulated blockchain real estate crowdsale platform, received approval from FINMA, the Swiss financial regulatory body, and is now fully regulated in two jurisdictions: Switzerland and Lichtenstein. They intend to expand to other parts of Europe as properties are successfully listed and the platform grows.

Coinbase have just moved $5 billion worth of retail traders’ crypto assets into its upgraded storage model, as they expand on their crypto offerings. The migration included 5 percent of all bitcoin, 8 percent of ethereum and 25 percent of litecoin in circulation, respectively. Meanwhile, the exchange has also launched Coinbase Earn, a new system where users can earn 0x tokens by completing various educational tasks, including watching videos and taking quizzes. Users are now free to sign up to the waiting list.

OKEx has launched a new bitcoin derivative product with no expiry date, a “perpetual swap,” allowing positions to be held indefinitely with up to 100X leverage.

Cryptocurrencies

Civil has announced their rebooted token sale set for February 2019, following their failed attempt in October. Civil aims to use blockchain and an ethereum-based token to bring trust into the online news industry. The rebooted focus for CVL tokens will be used to take part in governance, launch a newsroom and for readers to support newsrooms. Civil currently has 18 newsrooms committed, with 12 more signing on and one well-known brand TBA.

Dash $80.85 USD (2.78 percent) continues to expand its adoption in Venezuela and South America, with the sale of more than 66,000 KRIP mobile phones in two months. Dash signed a deal with Kripto Mobile Corporation (KRIP), whom manufactured the mobile phones pre-equipped with the Dash ecosystem, Dash wallets and Bitrefill app. Most devices have been sold in Venezuela, making it by far the world’s biggest market for the crypto-enabled phones.

Monero $51.25 USD (4.51 percent) miners have already mined more than 90 percent of the total 18.4 million XMR coins in circulation by May 31, 2022. As the emission forms parity with the total supply, the Monero project will switch to a new supply program, dubbed tail emission, whereby miners will obtain a consistent reward of 0.6 XMR per block compared to the current 3.41 XMR per block.  

Stellar $0.122999 USD (1.82 percent) is launching on South Korean cryptocurrency exchange Korbit as a base pair. Withdrawals and trading are set to begin today.

TRON $0.017138 USD (2.45 percent) Arcade have partnered with gumi Cryptos, a $30 million blockchain venture fund, to co-invest in blockchain gaming projects.

TrueUSD $1.01 USD (0.20 percent) stablecoin announced its smart contract has passed three independent security audits conducted by Certik, SlowMist and Zeppelin, with no vulnerabilities found.

Waves $4.04 USD (-3.91 percent) Platform has raised US$120 million in a funding round led by Dolfin, a London-based financial services group; allowing Waves to roll out Vostok, a private blockchain platform and system integrator developed with large enterprises in mind. 

WN.com, Jamie Saarloos

 



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