From Wednesday's events:
The Central Bank of Russia is considering using Masterchain for payments in EAEU;
The Chinese technology giant releases an ASIC excavator;
The Government of Iran is considering a ban on Telegram;
The president of the liquidated stock exchange does not want $ 1 billion due;
• Central Bank of Russia is considering using Masterchain for EAEU payments: The Central Bank of Russia is considering using its Masterchain software to send SWIFT financial messages under the Eurasian Economic Union (EAEU).
The Russian FinTech Association, established under the supervision of the central bank, successfully carried out a trial of software based on Ethereum in 2016 and completed the final version in 2017.
We are actively discussing and we are exploring several high-quality technologies, including Masterchain. [...] I think we will discuss options for this project this year.
- said Olga Skorobogatova, first deputy president of the Central Bank of Russia.
Skorobogatova explained that Masterchain is being considered in the context of a broader analysis of how Blockchain could create a transnational payment infrastructure in EAEU, allowing Member States to circumvent existing payment systems. The bank intends to first launch its platform in Russia and then implement it as a system covering the entire EAEU.
The Central Bank of Russia is actively involved in the Blockchain space and cryptocurrencies, with the latter being particularly rigorous. In 2017, the bank issued warnings about the risks associated with investments in cryptocurrencies and supported efforts to block websites selling digital currencies in that country • The Chinese technology giant releases the ASIC excavator:
The Chinese technology giant Bitmain announced that it is launching the Ethash ASIC excavator. The company says that Antminer E3 is the most powerful and the most effective excavator in the world EtHash ASIC. The equipment will be sold for $ 800 and will not be available in China, as well as it will not be possible to order it to Hong Kong, Macau or Taiwan. Orders are limited to one item per person and you can only use Bitcoin Cash or US dollars for payment at this time.
The release of this new mining equipment confirms the rumors circulating in the crypto community that Bitmain will soon develop the ASIC Ethash excavator. Ethash is the Proof of Work (PoW) hash algorithm used by Ethereum and many other altcoins.
Bitmain outperformed the US graphics processor company Nvidia in terms of overall profits in 2017, earning an estimated $ 3-4 billion and occupying 70-80 percent of the bitcoin and ASIC excavator market.
• The Government of Iran is considering a ban on the Telegram application:
The Iranian government is debating the possibility of banning the Telegram communication application in part because of the fear that their new token may undermine the national currency. The telegram is widely used in Iran and some members of the government ask him crazily for his alleged role in organizing protests in this country in December 2017.
After the last record ICO, in which Telegram has already collected 1.7 billion dollars, the company plans to use the funds to develop an ambitious Blockchain platform aimed at decentralizing the digital communication aspects, which will be powered by its own "gram" chip.
According to the Al-Monitor information service, Hassan Firouzabadi, secretary of the High Council for Cyberspace, yesterday pressed on state television to block the Telegram in Iran, claiming that the company's dominance in Iran is an "enemy of the private sector", adding:
The telegram has officially announced that it will be used as an economic platform, Telegram will weaken the national currency of Iran.
On March 31, a member of the parliament, Alaeddin Boroujerdi, said the application was blocked at the highest level and the telegram would be replaced by a national application
• The president of the liquidated stock exchange does not want $ 1 billion due:
Former president of the liquidated stock exchange Mt. In a statement from April 4, Gox said he did not want 160,000. Bitcoins ($ 1.12 billion) that will remain after the stock exchange repays its creditors. As part of the Ask Me Anything (AMA) session on the Reddit portal, Mark Karpeles said he considered a billion that would be "repulsive" as a result of Japanese bankruptcy procedures.
The procedure for bankruptcy [in Japan] is that if there are assets remaining after paying off the creditors in their entirety, these assets are distributed among the shareholders as part of the liquidation. [...]
This is the only way in which bankruptcy law can reasonably function. And yet in this case it caused a glaringly repulsive result, because the shareholders of MtGox as a result of what would have gone away with the value of over 160,000 Bitcoins. I do not want it. I do not want that billion dollars.
- he explained.
Karpeles led a long process of returning funds to users who lost them during the notorious break-in at Mt. Genox in 2014. After release on bail, from time to time he appeared in the press and on the Internet to answer inquiries from the cryptocurrency community.
Both Karpeles' criticism and the reimbursement process have intensified in recent months, when it came to light that a board member sells huge amounts of Bitcoins on major stock exchanges. The quantities were so large that there are suspicions that they have unjustly impacted Bitcoin prices around the world.
• Drops on the stock exchanges:
The last day showed a drop in prices on the stock exchanges. Bitcoin and Ripple by 7%, Ethereum by 7.3%, Bitcoin Cash by 8.4%, and Litecoin by 7.6%.
The capitalization of the entire market has decreased by USD 22 billion and currently amounts to USD 257.5 billion. Trading on the stock exchanges today amounted to 13 billion dollars.
source: cointelegraph.com, coinmarketcap.com, coindesk.com translated from: btcpolska.com
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