In July 2017, a group of world class trading engine embarked on creating a cryptocurrency exchange that would serve the needs of amateur and professional traders. Their ranks include Steve Woo, ex-CEO of Linux International, who specialized in IT development for the past 20 years. Their hard work gave birth to ProBit Exchange – a new C-to-C crypto exchange that can match orders of up to 1.5m transactions per second. This is better than even Visa, who has a transaction speed of only 24,000 transactions per second.
The globe’s first cryptocurrency exchange-traded product (ETP) will begin trading this week on a Swiss Exchange. It’s Europe’s fourth-biggest exchange with a market capitalisation of around $1.6 trillion.
On this Nov 17 of EST, MineBit made its first official appearance on the Boston Blockchain Summit, which is hosted by BCIC and ICBA, cohosted by BitBlock Capital and MIT SLOAN, to give a speech and make the announcement that MineBit has recently launched its English version website as the first step of its International strategy.
Proud organizer B2 Group has announced that this year’s global summit will take place at the InterContinental Hotel in Hong Kong, on the 27th of November.
Forks can be of great importance to the crypto industry if they add desired qualities to the underlying cryptos. But in most cases, these forks don’t cause anything good, they just create conflicts and worsen the situation. Cryptos that involve themselves in fighting should be discriminated against while those that mind their business but with small market caps have to be amassed. In this case, it’s necessary to sell off both Bitcoin Cash (BCH) forks, and YOYO gets much attention.
Cryptocurrencies are famous because of the leading crypto Bitcoin. People may not be able to list a few digital currencies, but will be well aware of the digital currency called Bitcoin. Such is the popularity of Bitcoin. Today’s price of Bitcoin is USD 6405.34 and Bitcoin price prediction also seems to be positive according CoinSwitch. Bitcoins can be stored safely by using online Bitcoin wallets available on trusted websites. (Read Here: Top 21 Best Bitcoin Wallets Comparison) Always safeguard your Bitcoin wallets by not disclosing your private keys to anyone. It is essential to open a Bitcoin wallet before you buy Bitcoins as some crypto exchanges need them.
Some analysts from Bloomberg Intelligence (BI) anticipate that Bitcoin (BTC) will “fall further,” as reported by Bloomberg. Various crypto sector pundits have already started calling this the cryptocurrency winter.
Popular blockchain and crypto enthusiast hasn’t lost faith in financial technology and digital currencies, such as bitcoin, ripple, and ethereum. He is confident in the suggestion that cryptos will replace fiat currency in its primary position during 2020-2030.
A Japanese Financial Services Agency (FSA) spokesperson revealed a plan for acquiring full control over the manner in which crypto wallet providers conduct their daily activities. The measures however are not yet implemented, as of press time.
Two mining firms operating in Sweden have purportedly relinquished their facilities in Norrbotten, a county in the far north of the country. One of the firms, a U.S. miner called NGDC, seems to have all of a sudden fled the county, leaving unpaid power bills of around $1.55 million in its wake, according to a report from Sverige Radio.
The mining of Ethereum using a graphics processing unit (GPU) is not profitable anymore, as revealed by Susquehanna, a U.S-based world trading & technology company. According to a report by CNBC on November 13, 2018, Susquehanna’s data shows that the prolonged decline in digital currency markets and slumping network hashrates is the main reason for the profit reduction.
Uganda’s Financial Intelligence Authority (FIA) plans to review the law on anti-money laundering so that it can include crypto assets, according to a November 14, 2018 report from nilepost, a local news outlet.
The federal science agency and the top commercial financial institutions in Australia reveal they have finished an efficacious trial of a prototype Blockchain technology App to make money very “smart.” DLT-powered smart money has gigantic social and economic boons for Australia’s insurance scheme for all people who are living with disabilities and incapacities.