BlockShow Americas 2018 kicked off this morning in Las Vegas, gathering over 1,500 attendees and 80 speakers from the blockchain industry from more than 50 countries worldwide to discuss the hottest topics that affect the blockchain community. Today, the Main Stage brought into focus governmental initiatives, blockchain’s impact on major industries, and the latest updates on technological and legal aspects, while the Second Stage provided a forum for ideas and conflicting opinions, where companies and global experts challenged each other’s positions. The conference hosts industry leaders and professionals, who shed…
Day: August 20, 2018
Tezos Price Rallies 13 Percent as Wider Cryptocurrency Market Slips
Tezos (XTZ) is experiencing a period of gains, defying the stalled momentum of the wider cryptocurrency market. As of August 20, the token traded at $1.57, up more than 13 percent in 24 hours, taking it up to number 16 on the CoinMarketCap token ranking. Coinone Listing Yesterday August 19, Coinone, a South Korean exchange, announced on Twitter that it would list Tezos on Aug. 20. 코인원이 테조스(Tezos)를 상장합니다. – 입출금 가능 시기 : 2018년 08월 20일 오후 12시 30분(KST)– 거래 가능 시기 : 2018년 08월 20일 오후 4시(KST) (예정) 자세한…
U.S. Border Officials to Use Blockchain to Certify Imports Certificates
The U.S. Customs and Border Protection (CBP) has plans to use the blockchain technology to verify North American Free Trade Agreement (NAFTA) and Central American Free Trade Agreement (CAFTA) certificates According to American Shipper, the new trial will see the agency begin “live fire testing” a blockchain platform to certify imported goods originate from the country of export and to verify suppliers are “compliant along with their U.S importers.” CBP Division of Business Transformation and Innovation head Vincent Annunziato said the agency is running the pilot, ahead of a September…
Platform Won’t Support Margin Trading, Contracts to Be Fully Collateralized
Bakkt — the forthcoming regulated global ecosystem for crypto assets recently unveiled by Intercontinental Exchange (ICE) — will not support margin trading for its Bitcoin (BTC) contract, according to an official Medium post published August 20. Earlier this month, ICE –– the operator of 23 leading global exchanges including the New York Stock Exchange (NYSE) –– had unveiled ambitious plans to create a “seamless” global ecosystem for digital assets that would cover the spectrum from federally regulated markets and warehousing to merchant and consumer needs. The announcement notably revealed plans…
NYSE Owner’s Bitcoin Market May Have ‘Hidden Leverage’: Wall St. Vet
When Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), announced that it was launching a bitcoin market, the move was met with enthusiasm by many within the cryptocurrency industry as a vindication of the legitimacy of the asset class. However, others, including some Wall Street veterans, warned that the “financialization” of bitcoin could introduce elements of the fractional reserve banking system into the cryptocurrency market. Bakkt Says It Won’t Offer Leveraged Bitcoin Trading Now, the head of Bakkt — ICE’s bitcoin market — is seeking to…
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 20
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. In 2018, every consecutive fall of the crypto markets was followed by a very weak recovery. This is in stark contrast to 2017, during which every fall was followed by a ‘V’ shaped recovery. The total market capitalization of all cryptocurrencies is hovering…
Crypto Exchanges Join Winklevoss Backed Self-Regulatory Group
A group of cryptocurrency exchanges has joined up with Gemini founders Cameron and Tyler Winklevoss to launch a new industry-focused self-regulatory organization (SRO). First proposed in March, the Virtual Commodity Association aims to “foster financially sound, responsible and innovative virtual commodity markets” by developing industry standards and encouraging cryptocurrency exchanges to prevent market manipulation and other fraudulent actions. On Monday, the proposal took its next step, with Gemini launching a working group to begin developing these standards. As explained by an introductory post on the VCA’s website, the Commodity Futures…
China’s Largest Electric Bus Operator and Blockchain Firm Partner in $24 Billion Deal
U.S. technology firm Seven Stars Cloud Group (SSC) announced it had entered a deal with China’s largest electric bus operator to provide finance services using blockchain technology August 20. In a press release, NASDAQ-traded SSC said its partnership with the National Transportation Capacity Co Ltd (NTS) would run for three years and was worth $24 billion. Part of China’s ongoing interest in electric public transport overhauls, the government plans to replace all traditional buses with electric vehicles as soon as 2021. SSC will specifically provide “fixed income lease financing-based products”…
Crypto Daily News | BCH Futures Launched & BTC Money Laundering
In today’s edition of Crypto Daily News, we’ll cover the new Bitcoin Cash (BCH) futures just launched in London and the details of the 21-year-old Californian that was charged for Bitcoin money laundering. Crypto Daily News: August 20th, 2018 Bitcoin Cash (BCH) Futures On Friday, Bitcoin Cash (BCH) took a step into the big leagues as the UK-based Crypto Facilities took Bitcoin Cash futures live. At 4 p.m. local time, UK investors were able to bet on the future price movements of the fourth largest cryptocurrency by its total market cap.…
Shanghai Stock Exchange Partners With Major Insurance Firms to Improve Industry With Blockchain
The Shanghai Stock Exchange (SSE) and Insurance Asset Management Association of China (IAMAC) have agreed to cooperate on improving the insurance and pension industries with the use of blockchain tech. China Securities Journal newspaper reported on the partnership Monday, August 20. China Securities Journal wrote that the SSE, the world’s fourth largest stock exchange, was joined by several major insurance industry players, including the IAMAC, Changjiang Pension Insurance Company, Tokyo Maritime Sunshine, and others. The stated goal of the new group is “to create a new, high-efficiency, low-cost and safer…