Today in the news:
- An estimated 8,500 are attending CoinDesk's Consensus 2018 this week in New York City.
- DX.Exchange, a NASDAQ-powered cryptocurrency exchange platform is set to launch next month.
- Two Chinese bitcoin mining equipment makers have set their sights on world's largest bitcoin IPOs.
- The founder of FedEx is convinced that blockchain will revolutionize the industry.
- A major accounting firm in South Korea has revealed results of an audit of UPbit’s cryptocurrency holdings, confirming that the exchange is not at fault.
- And more crypto news below...
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Latest Crypto News - May 15, 2018
Zcash Spikes 45% and Ethereum Price Gains 4% in $21 Billion Crypto Market Rebound
Over the past 24 hours, the valuation of the cryptocurrency market has increased from $387 billion to $408 billion, by more than $21 billion. Major cryptocurrencies like bitcoin and Ethereum have risen in the 3 to 6 percent range while smaller assets such as Zcash (ZEC), Aelf (ELF), Kyber Network (KNC), and Enigma rose in the 10 to 50 percent range.
Read more: www.ccn.com
New York cryptocurrency conference triples in size, tracking for $17 million in ticket sales
After bitcoin's explosive surge in the latter part of 2017, the crowd at the flagship annual cryptocurrency conference has grown three times as large. An estimated 8,500 are attending CoinDesk's Consensus 2018 this week in New York City, according to Barry Silbert, CEO and founder of parent company Digital Currency Group.
Read more: www.cnbc.com
UPbit Audit Confirms South Korea’s Biggest Cryptocurrency Exchange Not at Fault
A major accounting firm in South Korea has revealed results of an audit of UPbit’s cryptocurrency holdings, confirming that the exchange did not inflate its balance sheet and deceive investors.
Read more: www.ccn.com
NASDAQ-Powered Cryptocurrency Exchange Platform to Launch in June
DX.Exchange, a NASDAQ-powered cryptocurrency exchange platform is set to launch in June 2018. DX becomes the latest in a slew of crypto exchange services as the digital currency market continues to mature. The platform hopes to offer a robust ecosystem for OTC derivatives and crypto tokens.
Read more: bitcoinist.com
More sources:
- First Crypto Exchange Using Nasdaq’s Tech Announces Launch, Excluding US Customers
- First NASDAQ-Powered Crypto Exchange Launching Next Month
FedEx CEO: blockchain has the potential to revolutionise trade across borders
Blockchain technologies could reduce many of the points of friction that impede trade across borders, says Fred Smith, founder, chairman and CEO of logistics group FedEx. Speaking at the Consensus 2018 event in New York today, Smith likened the potential of blockchain to FedEx's origination of the track-and-trace system for packages decades ago.
Read more: www.computing.co.uk
More sources:
- FedEx Founder Convinced that Blockchain Will revolutionize the Industry
- FedEx CEO Says Blockchain Will Revolutionize Industry
- FedEx CEO: Adopt New Tech Like Blockchain or Be Disrupted
- FedEx's Smith Sees Blockchain as `Next Frontier' for Logistics
- FedEx Has High Expectations for Blockchain, Top Executives Say
Samourai and goTenna Enable Bitcoin Transactions Without Internet Access
Samourai Wallet is collaborating with goTenna, a Brooklyn-based company specializing in off-grid communications, to produce txTenna, an Android app that combines mesh networking with Bitcoin transactions. The app will allow users to pair their phones with goTenna’s portable antennas in order to broadcast transactions.
Read more: bitcoinmagazine.com
More sources:
- GoTenna Launches a Bitcoin Wallet That Works Without the Internet
- This app lets you trade Bitcoin without an internet connection
Japanese Regulator Sees Sharp Spike in Cryptocurrency Queries in Q1 2018
Japanese consumers are filing over three times the number of cryptocurrency enquiries in the first three months of 2018 compared to the previous quarter, figures from the country’s financial regulator reveal.
Read more: www.ccn.com
Chinese bitcoin mining gear makers set sights on world's largest bitcoin IPOs
Two Chinese bitcoin mining equipment makers are set to test international investor appetite for cryptocurrencies with plans to raise as much as $1 billion each - in what are expected to be the world’s largest bitcoin-focused floats to date.
Read more: www.reuters.com
LedgerX Announces Bitcoin Options Trading Upgrade
Bitcoin derivatives platform LedgerX is launching a new, simplified interface that lets bitcoin investors earn interest on their holdings.
Read more: www.coindesk.com
CFO of Australia’s Commonwealth Bank Quits Role To Join EOS Token Developer Block.One
Rob Jesudason, the CFO of Australia’s Commonwealth Bank has resigned with immediate effect in order to join EOS token developer Block.one as group president and COO.
Read more: cointelegraph.com
Bitcoin Could Emerge As A ‘Threat’ To US Dollar In Future, Suggests St. Louis Fed Chief
St. Louis Fed president praises crypto’s ability to “facilitate trade”, doesn’t deny the possibility of BTC threatening USD’s supremacy.
Read more: cointelegraph.com
More sources:
Bankers Against Bitcoin Protest Staged Outside Consensus 2018
Bankers were out in full force protesting against bitcoin outside of Consensus 2018 in New York City yesterday. Revealing the satire or the staged nature of this protest, one pretend banker says 19% fees to send some money to Mexico is fair. Another one asks for the remittance industry to be given back to banks.
Read more: www.trustnodes.com
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