The cryptocurrency market was trading steadily in Asia and Europe, however, in the early hours of trading in the US today, at about 5.50am ET (10.50 am BT), the digital asset lost more than $500. This drop in Bitcoin’s prices led to a massive freefall in the entire cryptocurrency market, with all the major cryptocurrencies’ prices plunging.
Cryptocurrency News
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IBM Launches Stellar Based Payment Network
Last updated: September 5, 2018, 5:23 am Cryptocurrency NewsAccording to the official post on its website, IBM reported that it is launching a Stellar based payments network called Blockchain World Wire (BWW). The tech giant is going to demonstrate this new network to representatives from international banks at the annual Swift conference that is scheduled to be held in October this year in Sydney.
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Walmart Exploring Blockchain Based Delivery Drones
Last updated: September 4, 2018, 4:10 am Cryptocurrency NewsWalmart has applied for yet another patent, showing how invested the retail giant is in exploring all possible options in Blockchain technology that could help improve its business. This new patent is called Systems, Devices and Methods for In-Field Authenticating of Autonomous Robots.
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Microsoft Linking Products to Blockchain
Last updated: September 3, 2018, 10:01 am Cryptocurrency NewsThree years ago, Microsoft Corporation was the first in the world to link Blockchain and the cloud through its cloud services platform, Microsoft Azure. Since then, the company has been slowly and quietly connecting its other products and services to Blockchain technology.
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FSA Tightens Regulations on Crypto Exchanges
Last updated: September 3, 2018, 9:50 am Cryptocurrency NewsThe Japanese financial regulator, the Financial Services Agency (FSA) is further tightening regulations around Cryptocurrency Exchanges in the country.
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Firefox To Block Crypto Mining Malware
Last updated: September 2, 2018, 4:53 am Cryptocurrency NewsThere is no doubt that Firefox is among today’s most popular web browser. While it may not be as highly-celebrated as Google’s Chrome, it certainly has a market of its own. Now, it is getting upgraded in order to block crypto mining malware in future releases.
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Blockchain Job Market Growing
Last updated: September 1, 2018, 6:16 am Cryptocurrency NewsDespite the fact that the cryptocurrency market is struggling, the Blockchain job market is growing. Data shows that there has been sustained growth in jobs related to Blockchain technology in Asia.
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VMWare Develops Blockchain Infra
Last updated: August 31, 2018, 4:22 am Cryptocurrency NewsVMWare, the cloud computing and virtualization company announced on Thursday that it had developed a new open-source Blockchain system which was designed to be both scalable as well as energy efficient.
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Andreessen Horowitz Backing Blockchain Startup
Last updated: August 30, 2018, 5:33 am Cryptocurrency NewsAccording to mainstream media, venture capital firm Andreessen Horowitz is investing even more money in one particular Blockchain based startup that is hoping to become the foundation of the new Internet.
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Morgan Creek Launches Digital Asset Index Fund
Last updated: August 29, 2018, 4:56 am Cryptocurrency NewsBacked by the institutional investment firm Morgan Creek, the Morgan Creek Digital Asset Index Fund was officially launched on Tuesday, August 28. This investment fund has been launched in partnership with Bitwise Asset Management.