In the last 36 hours, the market was ‘very bearish’; the market cap dropped by -10.70%. At the time of writing this article, the losses/gains of the top ten cryptocurrencies were: – BTC (-10.79%), ETH (-12.23%), BCH (-10.15%), XRP (-8.22%), XLM (-8.53%), EOS (-11.71%), LTC (-12.96%), ADA (-14.44%), XMR (-13.85%) USDT (+0.62%).
Mike McDonald, MKR.tools creator, raised an alarm on Twitter. According to the Ethereum Blockchain, about 1 million Ether is presently locked in MakerDAO Smart Contracts. (Source: CCN)
The local news station revealed that Tokyo’s authorities arrested eight men on 14th November 14th. They were suspected of taking part in a Bitcoin-related scheme that reportedly gathered 7.8 billion Japanese Yen or US$68.42 million worth of fiat and digital assets. (Source: Ethereum World News)
CEO of Ripple – Brad Garlinghouse commenting on the importance of regulation in the technology sector said that introducing regulations will lead to blockchain and cryptocurrency adoption. (Source: CCN)
Bitfinex introduced new fees on external wire requests, the exchange will start charging 3% when its customers make more than two fiat withdrawals within a 30-day period. This appears to be designed to reduce the frequency and size of fiat withdrawals. (Source: BITNEWSBOT)
One of the world’s largest insurance corporations – China’s Ping An Insurance Group, and the Sanya municipal government signed a strategic cooperation agreement for “Smart City” construction. The new project will be backed with Blockchain, Artificial Intelligence (AI), Big Data, and Cloud Computing. (Source: COINTELEGRAPH)
Ripple CEO – Brad Garlinghouse told the Bloomberg TV interviewer that “any digital asset in the long-term is going to be valued based upon the problems it’s solving.” (Source: CCN)
IBM and Telefónica (a major Spanish telecommunications firm) have partnered to utilize Blockchain technology for managing international mobile phone call traffic. (Source: COINTELEGRAPH)
Disclaimer: This is not an investment advice. It is of paramount importance that everyone should do his or her own due diligence before investing in any product, platform, tokens etc. Cryptocentral.io does not endorse any content or product published on this page. Our aim is to simply provide all the readers with the latest information in the field of cryptocurrency / blockchain industry that might be of interest to our readers.