Cryptocurrency Analysis and News Portal
In this week’s selected cryptocurrency- and blockchain-related news from CryptoX Japan, cryptocurrency exchange Huobi Japan receives a $4.6 million investment, Bitcoin.com acquires blockchain startup O3 Labs, and Ripple CEO Garlinghouse criticizes the Softbank Group.Here is the past week of cryptocurrency and blockchain news in review, as originally reported by
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on CryptoX in one link.Top Stories This WeekBitcoin price back over $10,000 following
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Recent data suggests that the Swiss blockchain industry is making impressive gains. The latest report by the country’s main industry body, Crypto Valley Venture Capital (CV VC), for example, points to increased valuations and rising employment figures. On releasing the report, CV VC exclaimed that “the summer is back.”
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Though fundamentals play a large part in determining the price of an asset, short-term movements of the markets are driven by sentiment. This was clearly visible during the week.A few events soured sentiment early in the week, which dragged the total market capitalization of the crypto space down to
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The USD-backed stablecoin firm Tether (USDT) has been involved in controversies since last July when it was first alleged for manipulating the price of Bitcoin(BTC)trade, which later culminated into investigations and lawsuits against the company.Despite all of these severe legal issues, Tether has reported a significant growth in its utilization
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There’s no easy way to buy, send or spend cryptocurrency in person — not even for a slice of pizza or a cup of coffee, or so it’s been said. Meanwhile, the number of physical merchant locations that accept crypto payments keeps growing.As of late October 2019, 15,558 business
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China is looking into the application of blockchain and Artificial Intelligence (AI) to cross-border financing, Reuters reports on Oct. 27.Blockchain in risk managementLu Lei, the deputy head of the Chinese regulator State Administration of Foreign Exchange (SAFE), reportedly said that there are plans to use blockchain and AI in
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A group named “Shadow Kill Hackers” has targeted the largest city of South Africa, Johannesburg, and demanded a ransom of four Bitcoin(BTC)trade or they will publish the stolen city data on the internet.According to a message displayed on the computer of the city’s employees, the deadline to pay the ransom
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One of the leading digital asset exchanges in the world, OKEx has joined forces with Klaytn – a global public blockchain project as an Ecosystem Partner. As a part of the partnership, OKEx will be working closely with other partners in the Kakao Corporation backed blockchain project.The Klaytn blockchain platform
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The Securities and Commodities Authority (SCA) in the United Arab Emirates has drafted a resolution on regulating crypto assets, providing greater clarity for crypto-related projects in the Middle East nation.With the focus usually on China, Japan or the United States, the Middle East is an area that doesn't often
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