First Results of Hard Fork — Self-proclaimed Nakamoto to Get White Flag?
On November 15 the hard fork took place in the Bitcoin Cash network accompanied by large-scale disputes and ‘hash war’. Two development teams that promoted incompatible Bitcoin ABC and Bitcoin SV clients successfully launched their new cryptocurrencies.
Trading platforms have already ceased to support BCH, now users can only work with coins that appeared as a result of the update. Probably, now the speed of recovery of the fallen cryptocurrency market will depend on the victory of ABC or SV (whichever chain of blocks is longer). So far, all the advantages have been on the side of Bitcoin ABC. At the moment, ABC has managed to create a longer chain after the fork of Bitcoin Cash and significantly increase the hashrate of its network.
Circle’s USDC Stablecoin Comes to Binance, Alternative to Tether?
Binance crypto exchange will add a stablecoin developed by the Circle blockchain startup to its listing. USDC will be available for the exchange from November 17 in pairs with Bitcoin (Bitcoin) and Binance Coin (BNB).
What can be even better for users who are constantly questioning the work of the other 1:1 fiat backed stablecoins, is the promise of Binance to audit the newly listed coin every month?
SEC Checks Salt Crypto Platform for Possible Participation of Erik Voorhees
The U.S. Securities and Exchange Commission (SEC) has initiated an audit of the crypto-credit platform Salt Lending Holdings Inc., because of the $50 million attracted by it through the ICO in 2017, as reported by the WSJ. In particular, the regulator is interested in the connection of the platform with the head of the crypto exchange ShapeShift Erik Voorhees. Salt was founded in 2016 and allows users to receive loans in fiat, collecting collateral in cryptocurrency. Sources familiar with the situation report that the platform received regulator’s agenda back in February.
Central Banks of Canada, Singapore and UK Propose to Launch CBDC for International Payments
The reserve banks of Canada, Singapore and the UK believe that the central bank digital currencies (CBDC) will help in overcoming problems in making international payments.
Poland Sets 19% Tax on Cryptocurrency Income
The government of Poland announced recently submitted amended income tax regulations related to cryptocurrency trading
Japan to Implement Crypto Wallets Regulation
Financial regulator of Japan, the Financial Services Agency (FSA), introduced a plan on how to regulate cryptocurrency wallet services. The plan consists of a number of regulatory measures and prospects about their implementation
Giant Forex Trader to Launch Crypto Exchange
California-based forex distribution platform and leading provider of online trading services, Integral Development Corp. (IDC), announced the partnership with cryptocurrency trading platform Mint Exchange
Bitfinex Changes its Offshore Services Provider
Famous cryptocurrency exchange that provides its users with an opportunity to trade a lot of different digital assets and tokens, Bitfinex has hired a new offshore corporate services provider
At 18:30 (GMT) total cryptocurrency market capitalization stands at $183.7 billion
- Bitcoin (BTC/USD) $5586 (-0.08%)
- XRP (XRP/USD) $0.46 (+0.24%)
- Ethereum (ETH/USD) $176 (-1.12%)
- Bitcoin Cash (BCH/USD) $408 (-2.03%)
- Stellar (XLM/USD) $0.23 (+2.80%)
Factom (+25.18%) showed the best growth in the top-100
The trading volume of cryptocurrencies for 24 hours reached $15.8 (-6.4 billion per day)
- BTC $1.95 for 10 TH/s ↘️
- ETH $0.15 for 10 MH/s ⏸
- BCH $0.25 for 1 TH/s ↗️
- LTC $2.72 for 1 GH/s ⏸
- DASH $0.04 for 1 GH/s ⏸