Cryptocurrency Market Watch March 13, 2019
Ripple announces to fund $100 million into video gaming based on blockchain. Samsung revealed crypto wallet exclusively for Galaxy S10 applicable for ETH and ERC20 tokens
1. US SEC Chairman Jay Clayton Confirms ETH Is Not a Security
On replying letter to Coin Center’s approach to ETH, Jay Clayton agreed that ETH “in its present state” — as opposed to during its distribution via initial coin offering (ICO) — won’t be regulated as a security. Chairman Clayton noted that he agrees that a digital asset’s definition as a security is “not static” and thus can change over time.
US SEC Chairman Jay Clayton Confirms ETH Is Not a Security
2. Bitcoin created higher low but remained under resistant level of $4236
The leading cryptocurrency BTC is being traded at $3903, up 24.8% compared to the bottom in December 2018. However, in order to escape the bear market, BTC needs to pave the way to the lower high at around $4236 and confirm the trend.
A Bitcoin Bull Market Is Still $350 Away
3. London Stock Exchange listed a new blockchain ETF today
Investment management company Invesco partnered with London-based Elwood Asset Management, an investment firm specializing in digital assets to introduce “Invesco Elwood Global Blockchain UCITS ETF” on London Stock Exchange today. This ETF index will track 48 blockchain related companies, including cryptocurrency chip-maker Taiwan Semiconductor Manufacturing Company (TSMC), bitcoin futures trading operator CME Group, South Korean messaging app giant Kakao, Japanese cryptocurrency exchange operator Monex Group, online retail giant Overstock, Signature Bank and Square.
A Blockchain ETF Is Launching on the London Stock Exchange Today
4. Ripple announces to fund $100 million into video gaming based on blockchain
In plan to integrate blockchain technology with video gaming, Ripple will be working with Forte, a startup founded this year and backed by Coinbase Ventures, Battery Ventures, and other prominent Silicon Valley investors. $100 million fund will be distributed to game developers of titles with more than 50,000 active users
Ripple Announces $100 Million Blockchain Gaming Fund with Forte
5. Trezor Defends Crypto Wallet Security after Ledger’s MIT Bitcoin Bombshell
Ledger Chief Security Officer Charles Guillemet gave a shocking presentation at the MIT Bitcoin Expo this week in which he presented alleged vulnerabilities with the hardware cryptocurrency wallet produced by Trezor — perhaps its top competitor. Trezor argues in a new blog post that all of the attack vectors mentioned requires physical contact and in fact, all kinds of hardware are vulnerable to as-such physical attacks.
Trezor Defends Crypto Wallet Security after Ledger’s MIT Bitcoin Bombshell
6. Samsung revealed crypto wallet exclusively for Galaxy S10 applicable for ETH and ERC20 tokens
According to Coindesk Korea, Samsung Electronics has just revealed the cryptocurrency wallet for its just launched flagship phone, the Galaxy S10. This wallet is currently compatible only with ether (ETH) and ethereum-based ERC20 tokens and supporting 4 Dapss including CryptoKitties.
Samsung Unveils Cryptocurrency Wallet, Dapps for Galaxy S10 Phone