Key Facts Of The Day 31.10.2018

Closer to Crypto: Goldman Sachs Launches Bitcoin Derivatives

Goldman Sachs, a large investment bank, began attracting a limited number of its customers to launch bitcoin derivatives, which will be settled in fiat, sources familiar with the situation told The Block. According to the source of the publication, the new instrument will not be traded on the stock exchange, although it will be similar to cryptocurrency futures from the CME and CBOE sites.

These two Chicago stock exchanges have been trading bitcoin futures since the end of last year. The quotes are protected from a strong fall or 30% growth by a barrier, after which the trading stops until new boundaries are recalculated.

Warren Buffett Singing a Fintech Tune Now?

Warren Buffett’s Berkshire Hathaway unexpectedly invested in fintech startups for the first time, The Wall Street Journal reports. Warren Buffett is known as an implacable bitcoin critic as well as the founder of several principles.

For example, the conglomerate used to buy mostly blue chips of American companies. Buffett himself preferred not to invest in technology companies, a rule he rarely broke. One such exception was, for example, Apple. But the famous billionaire considers it to be not a technological but a consumer company. Buffett also invested in IBM, but in 2018 he sold all of its shares and admitted that he was wrong.

Nasdaq Integrates Microsoft Azure Blockchain

Microsoft will introduce Azure blockchain technology into the financial infrastructure of the Nasdaq Inc. stock exchange. As part of the cooperation, companies will work on ensuring the interaction of technology with various distributed ledgers, streamlining the process of matching the applications for purchase and sale, as well as on improving the efficiency of payments and settlement of transactions. azure.microsoft.com

“Our [capital markets] industry is evolving faster than ever with the advent and advancement of cloud, blockchain, machine intelligence and others. Key players in the industry are looking to these technologies to explore how they can become more effective and efficient, but also gain competitive advantage,” says Magnus Haglind, Senior Vice President and Head of Product Management for Nasdaq’s market technology business.

What Else:

Is Total Crypto Ban India’s Future?

The government group, which developed the legal regulation of the blockchain sector, suggested banning it.

Binance Freezes Wallets Related to WEX

The world's largest cryptocurrency exchange Binance has frozen wallets that received more than 93,000 ether from two wallets indirectly linked to the troubled Russian exchange WEX.

Bank of America Files Private Keys Storage Patent

Bank of America (BoA) has registered a further cryptocurrency and blockchain related patent related to storage methods for private keys powered by blockchain.

Warning: CoinTicker Poses Malware Threat for Macs

A widespread application for tracking cryptocurrency prices called CoinTicker appears to be installing two backdoors Apple Macs, according to Malwarebytes.

At 19:00 (GMT) total cryptocurrency market capitalization stands at $203.3 billion

CyberMiles (+8.31%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $11,6 billion (+1.4 billion per day)

Mining Profitability