In the last 36 hours, the market was ‘slightly bullish’; the market cap rose by 0.78%. At the time of writing this article, the losses/gains of the top ten cryptocurrencies were: – BTC (+0.24%), ETH (+0.71%), BCH (+8.05%), XRP (-0.42%), XLM (+4.6%), EOS (+0.84%), LTC (+1.0%), ADA (+1.54%), XMR (+1.53) USDT (+1.07%).
Hong Kong Exchange and Clearing Limited (HKEX) recently announced a collaboration with Digital Asset to develop a Blockchain platform for post-trade processing and allocation of trades. The joint venture was created under the ‘Stock Connect’ programme with China. In an attempt to reduce settlement risks among traders and speed up the post-trade process, HKEX had been working on a prototype system for Stock Connect using smart contract modelling and Digital Asset’s platform.(Source: FINEXTRA)
Ledger, the Paris-based crypto security giant, recently announced its expansion into Asia with the establishment of a Hong Kong office and appointed Mr.Benjamin Soong as Head of Asia Pacific (APAC). Soong will oversee the entire Ledger’s APAC operations as the company needs to fulfil the growing demand for both the Ledger Nano S and the Ledger Vault.(Source: LEDGER)
After Kik Messenger’s, Kin Foundation announced a new developer incentive program. Nine apps from Kin are already livein order to foster more usage and innovation around its cryptocurrency – KIN in July. The foundation intends to give a total of USD 3 million in KIN or in fiat to 25 developers to develop new games and apps.(Source: CRYPTONEWS)
Japan’s second-largest electric utility company Kansai Electric Power Co. (Kepco) announced a second Blockchain project for solar trading with the Australia-based energy Blockchain company –Power Ledger. The announcement came after the collaboration of the two firms 6 months ago. (Source: GREENTECH MEDIA)
A Blockchain based company – Lympo, gamifies fitness to motivate people to exercise by issuing crypto token rewards. The tokens are rewarded for completing workout challenges via the Lympo app. The aim of the Lympo app is to promote active living and to encourage a healthy lifestyle. (Source: THE BLOCKCHAIN)
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