Daily Newsletter 03/04/18 | | Trade war fears over President Trump's proposal to implement tariffs on steel and aluminum sent many into panic mode last week, but crypto players looked for how Bitcoin could benefit. 16 cryptocurrency exchanges in Japan are looking to set up a self-regulatory body, in order to allay fears and uncertainty following the Coincheck hack earlier this year. Four people who used Bitcoin to hide their illegal fake ID scheme have been indicted by the U.S. Justice Department's Northern District of Ohio. Previously considered a niche exchange, Cryptopia became popular on the back of several new hot coins. Coins diverged in the past week, as hard forks and airdrops are starting to rule the roost. BoE chief Mark Carney said in a speech the cryptocurrency market needed regulation in order to protect the financial system. Waltonchain, a Chinese blockchain and Internet of Things (IoT) startup, saw its market cap shrink by $100 million because of an accidental tweet from an employee who apparently forgot to switch to his personal account. The new TEZOS Foundation board is on the same page as the code owners, giving hopes of the official token launch soon. The high costs of mining cryptos may have driven Louisiana government staffers to insert "logic bombs" in computers to create tokens. The XEM asset has been sliding sharply despite positive longer-term expectations. The real estate sector in California is embracing cryptocurrency payments in property sales and purchases. Primary students from Ireland's Gortskehy National School were given the opportunity to experience crypto asset management in a two-week competition. The market for initial coin offerings (ICOs) has boomed, but with great reward comes greater risk. DeHedge is here to protect investors' money from exchange rate volatility, scams, and other unfortunate events that may lead to losses. Cryptocurrencies are set to dominate online video gaming, according to the findings of a recent study. The Callisto airdrop so far has not boosted ETC prices, which continue to move in their habitual range. Litecoin once again shows the propensity for rather stable prices, and was the best performing crypto coin in February. Credit Suisse and ING have used blockchain for a real-life transaction that involved swaps of baskets with securities. The banks used the app provided by HQLAx, which is based on R3's Corda platform. Square's Cash App performance isn't reflected in the company's top and bottom lines yet, but the company still sees opportunities in monetizing Bitcoin. The Marshall Islands is planning to launch a national cryptocurrency, helped by Israeli startup Neema. Payments provider FLEETCOR becomes the latest to team up with Ripple for piloting the XRP-powered xRapid product. | | | | |
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