- What Triggered Bitcoin’s Sharp Price Plunge?
Bitcoin prices dropped significantly today, falling below $5,400 and reaching their lowest since late last year. The digital currency declined to as little as $5,390.12, losing more than 10% in the space of 24 hours and hitting a fresh 2018 low, CoinDesk price data reveals.
[Source: Forbes] ✩✩✩✩✩
2. MAS Proposes New Regulatory Sandbox with Fast-Track Approvals
The Monetary Authority of Singapore (MAS) today released a consultation paper on the creation of pre-defined sandboxes, known as Sandbox Express, to complement the existing FinTech Regulatory Sandbox that was launched in 2016.
[Source: MAS] ✩✩✩✩✩
3. Malaysia’s CIMB to Partner With Ripple in Cross-Border Payments
Malaysian lender CIMB Group Holdings Bhd. is signing on to the cross-border payments network run by blockchain technology firm Ripple, the two companies said Thursday.
[Source: Bloomberg] ✩✩✩✩
4. NEO Founder: Blockchain Over-Regulated, Promotes the Emergence of a New Regulatory System
Da Hongfei, the founder of NEO, has voiced his concerns regarding the over-regulation of the blockchain sector, arguing that the emergence of a new regulatory system is needed.
[Source: Cryptoglobe] ✩✩✩✩
5. Nearly 1% of the Total Ethereum Supply is Locked in the MakerDAO Smart Contract
MKR.tools creator Mike McDonald raised a celebratory alarm on Twitter yesterday morning. According to the Ethereum blockchain, about 1 million ether — or almost 1 percent of the total Ethereum supply — is presently locked in MakerDAO smart contracts.
[Source: CCN] ✩✩✩✩
6. Nasdaq and Deloitte Collaborate on Settlement System for Tokenized Assets
Technology partners Nasdaq, Deloitte and Anquan have successfully developed platform prototypes to facilitate the settlement of tokenized assets across different blockchains for the Monetary Authority of Singapore (MAS), the central bank, and Singapore Exchange (SGX). The system is designed to speed up and simplify post-trade processes.
[Source: Dailyhodl] ✩✩✩
7. Australian bitcoin exchange Independent Reserve rolls out Crypto Tax Estimator by KPMG
KPMG Australia and Independent Reserve, the largest Australian cryptocurrency exchange, today announced the launch of a new tool to help the traders of cryptocurrencies better understand their tax liabilities.
[Source: Cryptoninjas] ✩✩✩
8. Bitmain Restructures, But Jihan Wu Will Stay On The Board
Bitcoin mining giant Bitmain is restructuring while preparing for its billion-dollar IPO. Despite rumors, sources have confirmed co-founder Jihan Wu will remain on the Bitmain board of directors.
[Source: Ethnews] ✩✩✩
https://www.ethnews.com/bitmain-restructures-but-jihan-wu-will-stay-on-the-board
9. TRON’s TRX Lands Two New Exchange Listings, The Bears Are Getting Scared
Being one of the top cryptos and growing more popular over the last few months, TRX hasn’t had a shortage of moments of glory in the media. The company, Tron Foundation, and the cryptocurrency, TRX, have hit the headlines quite a few times. Just a few months ago, Tron migrated its system from the ERC-20 to its MainNet network, and the news was great.
[Source: Ethereumworldnews] ✩✩✩✩
10. Crypto exchange KuCoin closes $20 million Series A funding
IDG Capital, Matrix Partners, and Neo Global Capital, leaders in technology and venture capital investments, jointly announced today a partnership with Singapore-based cryptocurrency exchange platform, KuCoin. IDG Capital, Matrix Partners, and Neo Global Capital have combined to invest a total of USD $20 million (USD) in KuCoin through this Series A round of funding.
[Source: Cryptoninjas] ✩✩✩✩
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