The National People’s Congress of China has passed what we term as the first “Crypto Law” on October 26. The law lays the foundation for the regulation of cryptography in the warm-up to her digital currency. A lot of people believe that this is a possible step towards the launch of China’s cryptocurrency. The Chinese …
The bitcoin hash rate has again established a new all-time high (ATH). The trend has been bullish for a long time, which is a possible signal that more and more bitcoin miners are expecting the bitcoin price to rise in the future. According to data from Blockchain, it appears that the hash rate reached …
Kik, the Canadian company behind the messaging app Kik Messenger as well as the cryptocurrency Kin, will stop its users from using the messaging app. This is according to a blog post from CEO Ted Livingston published on 24 September. Kik is involved in a lawsuit with the Securities and Exchange Commission (SEC) concerning an initial coin …
Roche Freedman, a New York law firm has sued cryptocurrency exchange Bitfinex, the parent company iFinex and stablecoin Tether for market manipulation. @RocheFreedmanLP filed a class-action lawsuit on behalf of those who own cryptocurrency against Tether and Bitfinex (and others) for manipulating the cryptocurrency market to create the largest bubble in history. Read more: Altcoin: Everything …
It has been confirmed that PayPal was not present at a meeting of the Libra Association. The Financial Times reported that a source would have said that PayPal was about to leave the association. Now the company officially announces that it is indeed leaving the Libra Association. It was already a bit coming, with reports …
Information reaching us has it that the developers of Ethereum have started a test this week to increase the capacity of the Ethereum network. For example, they want to raise the gas limit to 10 million per block. This should increase the capacity of the network by 25%. Read More: Telegram releases source code …
The IOTA Foundation on September 19 announced that their “Industry Marketplace” will be launched. This platform is a decentralized marketplace where machines can purchase both physical and digital goods from each other. The platform brings the world closer to the much talked about industry 4.0. Read More: Ripple cannot influence the price of XRP …
Read moreIOTA Foundation launches ‘Industry Marketplace’ for fully autonomous production processes
Deloitte Luxembourg will have its employees pay with bitcoin (BTC) for their lunch as part of a test. This is according to an article from the Luxembourg Times of 17 September. We in the crypto world have been constantly fighting for the general acceptance of cryptocurrency by the masses. One of the ways this can be achieved …
Read moreDeloitte Luxembourg Staffs to Buy Lunch With Bitcoin
The Hedera Hashgraph blockchain has been launched. The long-awaited network promises greater transaction speeds than all other blockchains in the market and is supported by several large companies. This appeared from a press release published on September 16. According to a tweet from the official team which read “ Hedera’s mainnet (beta) has officially …
Here are quick cryptocurrency updates for the previous week to help keep you updated with the happenings in the sector. Last Monday, we saw how bitcoin (BTC) went as low as $10,060. The rate recovered somewhat in the run-up to Tuesday, but the decline continued after that. On Tuesday evening the price of bitcoin fell …