Market Update 3.21.18 – Bitcoin Blockchain Infected with Child Pornography
Market News
Bitcoin Blockchain Infected with Child Pornography Links
In shocking news, groups of researchers from two separate German universities state that they have uncovered data on the Bitcoin blockchain that could potentially render the entire blockchain illegal.
Researchers from Aachen and Frankfurt Universities have claimed to have uncovered links attached to Bitcoin transactions that are related to child pornography. Other links were also discovered that had other kinds of sexual content.
The paper states that Bitcoin’s blockchain contained at least 8 files with sexual content, of which 5 were mildly pornographic. However, the last three were seriously objectionable, containing lists of child pornography links.
Read the full story here.
OKEx Lists Hi-Tech Startup Cube
Hong Kong’s OKEx became the first cryptocurrency exchange in the world to list the high tech startup Cube. Cube is a startup that is using blockchain technology to create protection for network security that will be used in driverless cars. The token associated with this project is called AUTO and OKEx will be the first crypto exchange to list it.
New trading pairs, AUTO/BTC, AUTO/ETH as well as AUTO/USDT will be available on the exchange from this month onwards.
To read the full story, click here.
HKEX Following ASX in Using Blockchain Tech
The Hong Kong Stock Exchange (HKEX) is planning to follow the Australian Securities Exchange (ASX) by developing its own blockchain based settlement system.
Charles Li, the head of the exchange, said that they were currently having discussions with their Australian counterparts to understand what their experience with settling transactions through a blockchain has been like.
Li said that the plan was to create a blockchain platform that would be able to settle stock lending and borrowing and OTC trades at reduced costs. The Hong Kong Stock Exchange had previously tried to integrate blockchain tech, by developing a private market which could finance smaller entities, however, the vendors they had worked with had not been able to provide enough support for the project to take off.
To read the full story, click here.
Total Market Cap: Mar 21
Trading volume in the crypto-market has slipped a little more since yesterday to $17.07 billion. The cumulative market value of cryptocurrencies is now $352.13 billion.
Bitcoin Price Analysis: Mar 21
Bitcoin has had a third straight day of gains, rising 6.98% to a current trading price of $9100.27. Trading volume continues to remain low at $6.23 billion and the cryptocurrency’s value in the market has gone up to $153.65 billion.
Ethereum Price Analysis: Mar 21
Ethereum’s token price is also going up, gaining 8.71% to $584.47. Trading volume in Ethereum is about $1.87 billion, while the altcoin’s value in the market is $57.22 billion.
State of the Top 10 Cryptocurrencies: Mar 21
This week has so far been good for the cryptocurrency market. The top ten cryptos continue their rise for the week in terms of token price as well as market cap.
- The price of Bitcoin is $9100.27, a 6.98% gain. Its market value is at $144.15 billion right now.
- The price of Ethereum is $584.47, an 8.71% gain. Its market value is at $57.22 billion right now.
- The price of Ripple is $0.71, a 2.89% gain. Its market value is at $27.92 billion right now.
- The price of Bitcoin Cash is $1075.97, a 9.51% gain. Its market value is at $18.32 billion right now.
- The price of Litecoin is $173.68, a 9.46% gain. Its market value at $9.67 billion right now.
- The price of Cardano is $0.215674, a 14.10% gain. Its market value is at $5.59 billion right now.
- The price of NEO is $76.56, a 7.67% gain. Its market value is at $4.976 billion right now.
- The price of Stellar is $0.268261, a 9.86% gain. Its market value is at $4.975 billion right now.
- The price of EOS is $6.18, a 6.92% gain. Its market value is at $4.58 billion right now.
The price of IOTA is $1.49, a 12.87% gain. Its market value is at $4.14 billion right now.