Daily Cryptocurrency Bulletin For Wednesday, June 19, 2019

June 19, 2019 2:12 pm Published by

General News

Euroclear, one of the world’s largest securities depositories, says it will push forward with building a pilot blockchain-based platform for the issuance and settlement of European commercial paper (ECP). This follows their successfully completed study for an ECP-focused blockchain platform together with European Investment Bank, Santander and EY.

Facebook’s Libra Network will be subject to the “highest standards” in global regulation, said Mark Carney, the governor of the Bank of England. This follows the head of the U.S. House of Representatives Financial Services Committee, Congresswoman Maxine Waters, calling for Facebook to halt development of Libra Network until hearings can be held. Facebook is still working on its responses to a plethora of consumer protection questions about Libra asked by the U.S. Senate Banking Committee last month.

Mitsubishi Electric and Yaskawa Electric are among 100 major Japanese manufacturers agreeing to share data underpinned through blockchain. The project – under the Industrial Value Chain Initiative – aims to boost efficiency, reduce operating costs and data leaks. 

The Italian Banking Association (ABI) has announced Italy’s banks will integrate DLT into internal processes to boost settlements and improve transparency, starting in March 2020.

Cryptocurrencies

Bancor $0.746315 USD (3.15 percent) plans to restrict United States residents from trading tokens on July 8, citing a lack of clarity from regulators.

EOS $6.87 USD (-1.14 percent) developer Block.one has paid $30 million in cash to purchase the voice.com domain name for its new blockchain social media platform, “Voice.” 

Ethereum $268.01 USD (-0.45 percnet) 2.0 may see a partial launch as early as January 2020. Proposed during a bi-weekly call between Ethereum 2.0 developers, the date suggestion was raised after affirming a code freeze over the first iteration of Ethereum 2.0, called Phase Zero, was “on track” for June 30.

Litecoin $137.20 USD (4.23 percent) Foundation have announced their new debit card – Litecoin BlockCard – a collaborative effort between Litecoin, Bibox Exchange and Ternio. The soon-to-be-released, special edition card will enable users to spend their crypto online or in store locations anywhere in the world where major credit cards are accepted. 

Power Ledger $0.125753 USD (3.93 percent), the blockchain-based energy trading firm, will roll out its P2P network in Graz, Austria’s second-largest city after partnering with E-NEXT, part of major Austrian energy firm Energie Steiermark. Power Ledger’s technology will enable solar energy households to exchange renewable energy using POWR tokens.

Ripple’s $0.432270 USD (-1.46 percent) XRP has just been added by VeChain-powered crypto exchange OceanEX. The coin will be paired with both VET and USDT.

Stellar $0.125174 USD (-1.86 percent) federation addresses have just gained support from Wirex. The addresses make it easy for users to send Stellar Lumens (XLM) without having to enter a long, random string of characters.

Tron’s $0.033345 USD (1.00 percent) mainnet Odyssey will be upgraded to version 3.6 soon. Odyssey version 3.6 will contain new features designed to make DApp creation easier, as well as provide network protection from bad actors.

– WN.com, Jamie Saarloos



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