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Dec. 8, 2018

News and crypto rates update from the past 12 hours to keep you informed and up to date with the latest events that shape up the cryptocurrency world.

MARKET:

At 09:30 (GMT) total cryptocurrency market capitalization stands at $109.168 billion.

NEWS:

The US Securities and Exchange Commission (SEC) imposed a $50,000 fine CoinAlpha Advisors LLC cryptocurrency fund after it found its business to be the distribution of unregistered securities.

According to Forbes, starting next week one of the largest international chains of fast food restaurants KFC will start to accept cryptocurrency DASH (DASH) as a payment method in Venezuela.

The American exchange Coinbase, which announced its plans for a possible large-scale addition of cryptocurrency assets to its platform, without delay, listed four of them.

The CEO of a decentralized Internet protocol TRON Justin Sun said that his team would be organizing a fund to ‘rescue’ the ethereum and EOS developers from the ‘collapse’ of their platforms.

The Malaysian central bank and the securities regulator said that they would cooperate to regulate cryptocurrencies and ICO.

The world’s largest cryptocurrency by market capitalization, bitcoin, has once again hit a new 2018 low following cryptocurrency sell-off, probably, related to the decision of SEC to postpone decisions on bitcoin ETF.

Cryptocurrency exchange YoBit has ceased to be available to residents of Russia. The reason for the ban is still unknown.

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