EOS is going to migrate from the Ethereum network to its own on June 2, 2018. There will be 21 supernodes that will support the new EOS mainnet and candidates are vying for them. The candidate pool already has more than 50 applicants, ranging from regional enthusiasts to blockchain industry giants like Bitfinex, AntPool, OK Blockchain Capital, Wancloud and Huobi.
Cryptocurrency Market Updates
The Managing Director of Cboe, Matthew McFarland wrote to the Commodity Futures Trading Commission (CFTC) proposing that the minimum increment on the exchange’s Bitcoin futures contract be lowered from 10 points (equaling $10) to 5 points (equaling $5). The letter proposed this change be incorporated either on May 1 or sometime after that date.
CheapAir, a travel booking website, announced on that it would be changing its Bitcoin payment processor from Coinbase to Bitpay. CheapAir is the first ever travel business in the world that began accepting Bitcoin as a method of payment. That was way back in 2013.
WikiLeaks Shop posted on Twitter on Friday that its account with crypto exchange and wallet Coinbase had been blocked. The merchandising arm of the non-profit international anonymous publisher, WikiLeaks showed a screen grab of an email from Coinbase, which stated that the website had violated the exchange’s Terms of Service and would therefore no longer receive access to their platform.
In the latest news, JP Morgan Chase & Co, the National Bank of Canada, Pfizer, Goldman Sachs Asset Management, as well as Legg Mason’s Western Asset among other major corporates tested the new Quorum Blockchain platform with the aim of making financial transactions easier.
According to two newly published patent applications in the US Patent and Trademark Office (USPTO), Walmart may be planning to store its payments data on Blockchain based technology. The patents focus on the use of Blockchain technology to secure payments information so that it is not accessible to unauthorized parties.
The Dow Jones Media Group has joined hands with Brave Software to test the new Brave platform and its cryptocurrency token BAT (Basic Attention Token). The two companies announced that they would be experimenting with blockchain technology in the digital advertising as well as media publication space.
Moody’s Investor Services, the world’s foremost credit rating firm, released a report recently that stated that Swiss Banks would be the most impacted by Blockchain technology.
Ripple’s head of regulatory relations, Ryan Zagone called on UK’s regulatory authorities to find a balance between enabling innovation and capturing risk in the cryptocurrency industry.
In her speech at an investment industry conference, the deputy head of Hong Kong’s Securities and Futures Commission (SFC) sent out another warning to the public, stating that a lot of the Initial Coin Offerings (ICOs) were scams.