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December 1st 2018 at 07:13
| updated:
1 Dec 2018 to 07: 13 & nbspUTC
Welcome to our weekly collection of krypton enthusiasts! We show you some titles that caused a sensation this week.
The decentralized exchange of cryptocurrencies Blue Helix, BHEX, has raised $ 15 million in funding. The amount raised will be used by BHEX to offer a safer service. Ledger, the French company crypt, has added the top crypto asset Monero (XMR) to the blockchain Ledger Nano S. Rende Ledger Nano S compatible with the latest version of the Monero GUI portfolio. Coinbase announced in a blog post that Coinbase Pro will start accepting ZCash. The announcement led to a hike in the prices of Zcash's cryptocurrency.
In an effort to expand and explore blockchain technology, the Tezos Foundation announced it has signed a memorandum of understanding (MOU) with Yonsei University. The partnership aims to develop unique talents and better skills in the field of Blockchain technology.
Being hacked is almost always a fingernail in the coffin for cryptocurrency trading, and Zaif did not represent an exception. The recently compromised Japanese cryptocurrency exchange was finally taken over by the Fisco Cryptocurrency Exchange (FCCE) based in Osaka.
Coinbase Start-up Coinmine is ready to launch Coinmine One, a silent device that consumes less energy than a PlayStation in December 2018. Another interesting launch comes from SIRIN Labs. With a launch party for their Blockchain-based smartphone, held on November 29, 2018, SIRIN Labs announced that its smartphone will begin retailing in December.
Ledger, the company behind the popular hardware portfolio devices, has revealed that its presence in the United States has been extended to the city of New York. Demetrios Skalkotos has been appointed head of global operations of Ledger Vault, which will now be based in its new office.
SportsFix, a live streaming platform based on mobile devices for sports enthusiasts, has announced its collaboration with the Sirius ProximaX platform. SportsFix has witnessed massive growth over the past two months and is starting with the World Tour Finals of Badminton World Federation (BWF) in December 2018.
Decentralized public Blockchain platform and home to the Ada cryptocurrency, Cardano successfully introduced Ada debit cards in South Korea.
IT platform, Lambda became the first organization to introduce a transparent Proof-Of-Space-Time (PoST) protocol with unique features such as high-speed verification capability, repetition calculation and optimized tests.
The CLS group in New York has launched a Blockchain-based payment clearing service under the CLSNet name. It was built in collaboration with IBM. Among the first users of the service are the giants of American investments such as Morgan Stanley and Goldman Sachs.
The important investment fund Blockchain, NEO Global Capital (NGC), has announced that it is collaborating with AERGO, an open source Blockchain platform for decentralized applications, for a strategic partnership that will help NGC to facilitate innovation in the 39, AERGO ecosystem.
Interestingly, at a time when several mining companies are trying to get away from the mining market, Sapphire is making a move in the opposite direction by jumping directly. The company is ready to launch its new mining drilling rig which goes by the name of "INCA CS 14 Block-Chain Compute System". It features a Linux-based operating system and up to 14 central processing units.
Mexico seems to be in favor of Blockchain technology with the news of the creation of the first Blockchain association in the country. The big names in the sector, including the software firm ConsenSys, are present in the founding group. The main objective of the association would be to establish industry standards and practices and to establish a solid legal framework before the technology becomes widely used in the country.
Reports from local South Korean sources have revealed that South Korea's satellite operator, ST KAT, is interested in exploring the avenues in which the blockchain could be incorporated into the satellite industry. KT SAT plans to bring together the blockchain and cybersecurity companies through their new working group, the KT SAT Eco Alliance. In another news from South Korea, a voting system based on the Blockchain will be developed by the Ministry of Science and ICT of South Korea and will go on trial in the private sector in December 2018. South Korea also presented a bill to push the encryption in the country. The bill proposes the establishment of a committee that would be responsible for the promotion and support of crypto-related issues in the country. With South Korea making huge strides in the adoption of blockchain and cryptocurrency technology, North Korea is about to announce that it will host the International Conference Blockchain and Cryptocurrency in the spring of 2019.
In the UK, the Executive Director of Strategy and Competition of the Financial Conduct Authority (FCA), Cristopher Woolard said that the UK regulators are planning a "global response" to the illicit adoption of cryptocurrencies by local retailers and consumers . However, FCA added that it does not see cryptocurrencies as a threat to the economic and financial stability of the country.
In the United States, Ohio became the first state to accept Bitcoin tax payments. The state of Ohio has often been in the news as a state trying to promote and encourage the use and adoption of blockchain and cryptocurrency technology, so the move is not a surprise. The state has opened an official online portal, ohiocrypto.com, which will allow companies to make payments with digital currency. Another news from the North American continent revealed that the E. Coli epidemic in the United States prompted the FDA to consider Blockchain Tracking.
In Asia, the Malaysian country has made clear that all cryptocurrencies issued in the country will require the approval of the nation's central bank.
From the African continent, Nigeria has made news with the Union Bank of Nigeria announcing that it will begin to monitor the accounts used for digital currency trading. The announcement however caused an outrage among cryptocurrency enthusiasts and blockchain who took on Twitter and other social networks to vent their doubts about the integrity and financial literacy of the country's banking sector.
A brief summary of the main titles made by famous people. Alexander Vinnik, a Russian citizen who was arrested for recycling millions of dollars on the now-defunct exchange of crypto-currencies BTC-e, has revealed that his defense will be to start a hunger strike. The head of the group of lawyers representing Vinnik, Timofey Musatov said that the reason for the hunger strike was because "Vinnik was deprived of the right to defense in France and, consequently, in Greece", and noted that "he became clear that the European arrest warrant has expired. "
The man behind Bitcoin Cash Satoshi Vision (BCH-SV), Craig Wright, has predicted that BCH SV transactions will increase 1000 times in 2 years.
Kaspersky, a security service provider, who has criticized cryptocurrencies since the beginning, has provided a "Bubble-Burst" for the cryptocurrency markets in 2019.
Larry Sanger, one of the co-founders of Wikipedia, recently spoke about the implementation of blockchain in the current education sector. During an interview with Boxlife.tv, Larry shared some of the insights and plans for implementing the blockchain on Wikipedia and how it could benefit the community of writers as a whole.
Mohammad El-Erian, who serves as chief economist for Allianz, recently said that while cryptocurrencies will outweigh the bearish darkness that they have experienced this year, they are unlikely to replace legal currencies in the near future. El-Erian is of the opinion that the crypt will be reborn in the next year, but it will never replace the Fiat.
A brief look at the world of controversy! Up to $ 1 million was stolen by "sim swappers" after they got access to a Silicon Valley executive's phone and managed to get away with cryptocurrency.
The China-based auto finance platform, Jiurong was compromised by a malicious hacker who gained access to data records of nearly 300,000 customers. The data is now sold on the dark web at the price of 1 Bitcoin (BTC). Compromising data includes personal data of Jiurong users, including phone numbers and identification numbers released by the government.
US Treasury Department officials successfully stole a Bitcoin ransomware plan and slapped the sanctions on two Iranian citizens allegedly related to the aforementioned scheme. The ransomware program was called SamSam and the accused duo, Mohammad Ghorbaniyan and Ali Khorashadizadeh were allegedly involved in the illegal conversion of Bitcoin into IRR in Iranian currency or in Iranian Rial.
The CEO of AriseBank, which was supposedly the "first decentralized bank crypt" of its kind, the thirty-year-old Jared Rice Sr. was taken into custody by the FBI on November 28th. He is accused of the crime of defrauding hundreds of investors over $ 4 million.
This week also revealed a new encryption of Facebook. The fraud in question used Facebook's sponsored ads to target people and collect their sensitive data, which is beyond the rules and regulations set by the company.
Another bizarre event that attracted everyone's attention was the $ 510 million movement of Binance coins for an unknown portfolio. Whale Alert, a twitter handle known to track activities on the crypto portfolio, reported a total of 98,776,172 Binance Coin (BNB).
Swati Kishore
Swati has a strong interest in emerging technologies and loves to write them. He loves trance and is also interested in the philosophy of life.
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