We are proud to officially launch the CoinGecko Weekly Highlight video series. This series will show the week’s crypto news highlight in three-minute snippets.
A day in crypto feels like a year elsewhere in the world with breaking news happening second-to-second in this industry. Unlike traditional markets that cease activity after hours, Crypto never sleeps. Want to stay updated but still catch up on your sleep? Gonna be tough!
But fret not - that is why we at CoinGecko will do it for you! Here at CoinGecko we curate and summarize weekday news highlights to help you stay up to date. We only deliver to you crypto news that matter.
Bitcoin & Ethereum Price Report: August 16 - 23 '19
News featured:
News 1: 🧭 Crypto forefather David Chaum will issue new digital currency
David Chaum, the inventor of Ecash, is launching a new digital currency dubbed Praxxis.
In an interview, Chaum said that Praxxis will have the security, speed, and scalability "to grow into a replacement of physical cash".
For now, the technical details behind Praxxis are sparse, but the white paper is said to be released later this year.
News 2: 🔼 Bitcoin Futures Exchange Bakkt "Cleared for launch"
Bakkt revealed that the company has received the long-awaited approval from the CFTC and NYSDFS.
The primary target market of the platform aims to enable institutional investors to buy, sell, and store Bitcoin (BTC) among other services.
Bakkt has already started accepting user testing with a full launch scheduled for September 23 of this year.
News 3: 🌎 World Bank Sells (Another) $33.8 Million USD in Blockchain Bonds
The World Bank has issued a total of $160 million AUD ($108 million USD) in blockchain based bonds.
The bonds are kept on a private version of the Ethereum blockchain.
The blockchain platform was built and developed by CommBank’s Blockchain Centre of Excellence.
News 4: 🗒️ SegWit Creator Introduces MiniScript, Paving way to Bitcoin Smart Contracts
Bitcoin Core developer Pieter Wuille has introduced a new Bitcoin (BTC) smart contract programming language called Miniscript.
While Bitcoin technically already has smart contract functionality in the form of bitcoin scripts, Miniscript allows some scripts to be written in structured way.
This means it will be easier for wallets, and other software to analyse scripts.
Miniscript is now available in implementations for C ++ and Rust, though work on the project is ongoing.
News 5: ☠️ Amazon Cloud Outage Causing Issues to some Crypto Exchanges
Problems with Amazon’s AWS is disrupting services at some cryptocurrency exchanges on Friday.
Among the exchanges affected were Binance, Kucoin, Bitmax and CITEX..
Of the known disruption, Bitmax and CITEX were worse affected when bitcoin price on the exchange fell to $8,520 and a staggering $0.32 respectively.
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