CRYPTO WEEKLY 1st September 2018 Market News

 

In one of the most significant regulatory moves in crypto to date, China has announced that it will be blocking more than 120 offshore crypto exchanges from doing business in the country as its crackdown on crypto escalates.

Despite its CEO denouncing crypto as a fraud last year, financial giant JP Morgan has been taking tentative steps to explore blockchain applications for its own business, and possible future crypto products as well.

 

  • BTC: $6,966.16 | +$205.42 (+3.02%) since last week
  • ETH: $278.80 | -$3.08 (-1.09%) since last week
  • LTC: $60.53 | +$2.45 (+4.22%) since last week

 

Messaging Giant LINE Is Launching Its Own Cryptocurrency
LINE has become one of the first publicly traded companies to have launched a proprietary blockchain mainnet with its own cryptocurrency. Rather than adopt an initial coin offering model, LINE will issue the tokens as an incentive for users who participate in its decentralized applications (dapps) built on top of the LINK Chain network.

The Blockchain Transparency Institute has just released an exchange rankings report
The most recent exchange rankings report analyzes the health indicators for major exchanges, ranging from claimed volume to overall volume – and assesses how these metrics reflect the recent changes in the crypto markets.

China is set to block more than 120 offshore crypto exchanges from its shores
In one of the most significant regulatory moves in crypto to date, China has announced that it will be blocking more than 120 offshore crypto exchanges from doing business in the country as its crackdown on crypto escalates.

Here’s why crypto-backed lending platforms are the future of fintech
Crypto-backed loan platforms are rapidly gaining traction in the marketplace, and this report looks at the ten most promising platforms out there, and assesses the strengths and weaknesses of each.

What are Chamas, and why do they matter to the world cryptocurrency?
Chamas are small groups of people that do economically constructive things together. The term originally came from Kenya, and its being used to describe a new generation of people that are lifting each other out of poverty using crypto.

Asian countries are competing to set up the region’s next “Crypto Valley”
From Manila to Singapore, Asia’s fastest-growing economies are racing to capture their slice of the crypto pie by setting up the region’s next “Crypto Valley”, in partnership with startups and local governments.

The crypto market’s reliance on Tether is a recipe for disaster
Despite the many allegations about Tether being used to prop up the price of Bitcoin, little action has been taken to mitigate the threat that it poses to the crypto markets – leading some to believe it’s just a matter of time before the entire market collapses.

Michael Arrington on why Binance CEO CZ Zhao is the real deal
After a recent meeting with Binance’s CEO, Arrington Capital founder Michael Arrington put together a brief overview of why its founder, CZ Zhao, is poised to disrupt the world of crypto even further in the years ahead.

JP Morgan is walking a tightrope as it balances blockchain and crypto
Despite its CEO denouncing crypto as a fraud last year, financial giant JP Morgan has been taking tentative steps to explore blockchain applications for its own business, and possible future crypto products as well.

Here’s how Cornell is leading the world in bringing crypto into higher education
The university offers more crypto-related classes than any other, and its adding more every semester. Around 40% of the world’s top 50 universities now offer classes related to crypto, indicative of a broader shift in the education industry.

COMMUNITY NEWS

  • You can now learn Blockchain strategy at a new program from Oxford. Link
  • The EU is now taking a hard look at a standardized approach to crypto regulation. Link
  • Japanese Police to fund crypto criminal tracking tool. Link
  • Interesting video doc looking at the crypto mining operations in Washington state. Link
  • South Korea’s startups are looking to copy Zug’s approach to crypto ecosystems. Link
  • Blockchain jobs are booming in Asia, even as cryptocurrency prices struggle. Link
  • This podcast episode from Talking Cryptocurrency is a great recap of the crypto jobs market. Link
  • China is cracking down on cryptocurrencies yet again – this time through WeChat. Link
  • Learn how to run cryptographic procedures with this free 500+ page book. Link
  • North Korea is hosting its first-ever crypto conference in October. Link
  • Meet Balance, the tool that allows you to hold and trade a basket of crypto assets as cash. Link
  • Poland is about to introduce a new bill solidifying its crypto taxation policy. Link
  • Join Unblock in Hong Kong from September 9-10. Link
  • Binance is hiring a Senior Java Developer in Taipei. Link
  • We just added 16 new crypto companies, 41 new ICOs and 49 new crypto events to CryptoList. Link
Check out our other projects: CryptoList | CryptoFirst | Crypto100 | LamboIndex

Edited by Chris Osborne in Barcelona (in town? reach out to get a coffee). Reply to this email with feedback and/or suggestions.

Nothing shared or published by CryptoWeekly constitutes an investment recommendation, nor should any data or content published by CryptoWeekly be relied upon for any investment activities. CryptoWeekly strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.

Copyright © 2018 CryptoWeekly. All rights reserved.

 


Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.

Terms of Website Use

All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Power Metal Resources

Malcare WordPress Security