UK Calls for "Unlocking Blockchain"
UK’s authorities consider blockchain technology to have a potential since it can bring a positive impact to several components of a country’s economy. These findings were released in a report titled "Unlocking Blockchain".
A British Parliament member, Eddie Hughes, has participated in the creation of the document. He emphasized the transparency of distributed ledger technology (DLT) that could prove pivotal in restoring social "trust deficit" towards the government. Hughes has also proposed to create a new post of a Chief Blockchain Officer, who would oversee the implementation of technology in an efficient way.
Ripple Heading Back to Court
Another month, another lawsuit filed against Ripple. This time, a XRP token holder is suing the cryptocurrency startup and its CEO Brad Garlinghouse at the California Supreme Court.
David Oconer has stepped out to accuse the firm of manipulating XRP rates. The plaintiff believes that such machinations serve as definitive proof that XRP should be regulated as a security which means the company issuing it has violated U.S. federal laws when it released the tokens onto the open market.
TRON Network Tested by Exchanges
Leading cryptocurrency exchanges have begun testing TRON network and the general consensus is leaning towards the positive side. In addition, mainnet has not reported any technical problems during the initial stage of the launch.
Each exchange checks the new network in its own way, but so far, all have noted its security and stability. Token transitions are being run through partnering exchanges. Trading platforms are now also checking compatibility of tokens with wallets, ability to deposit and withdraw funds and ultimately the speed of network.
Poland’s Fights for Crypto
Polish Bitcoin Association (PSB) is striving to prove that the actions of local financial institutions are contrary to the Constitution of the country. The organization filed a petition against the banks, assuring that they are shading cryptocurrency companies and hampering the development of innovative technologies.
At 15.40 (GMT+1) total cryptocurrency market capitalization stands at $271,8 billion
Tether (+0,49%) showed the best growth in the top-10
Dentacoin (+6,18%) showed the best growth in the top-100
The trading volume of cryptocurrencies for 24 hours reached $15,1 billion.
- BTC $3,1 for 10 TH/s
- ETH $0,36 for 10 MH/s
- BCH $0,3 for 1 TH/s
- LTC $4,4 for 1 GH/s
- DASH $0,13 for 1 GH/s
Click here for the full list of ongoing ICOs.
En.Insider.pro is now on Telegram! Follow up the most important news from crypto world by subscribing to our channel.
By Ekaterina Ulyanova