THE MOST IMPORTAN NEWS IN THE CRYPTOWORLD 22-FEB-2018

Indian Software Firm, Canadian Research Institute Partner To Promote Blockchain In India

India’s National Association of Software and Services Companies (NASSCOM) signed a memorandum of understanding (MoU) with Canada’s Blockchain Research Institute (BRI) to collaborate on Blockchain education and training in India, tech news outlet CIO reported yesterday

Iran Central Bank Wants To ‘Control And Prevent’ Cryptocurrency, Local Press Reports

Iran’s central bank has split from previous pro-Bitcoin government announcements and is now looking to “prevent” cryptocurrency, according to a report published by the Iran Front Page news site Wednesday, Feb. 21.

An article in local newspaper Iran quoted online by Iran Front Page cites the Central Bank of Iran describing cryptocurrencies as “highly unreliable and risky” this week...

UK Treasury Committee To Examine Crypto’s Effect On UK Businesses, Investors

The Treasury Committee of the UK Parliament will be launching an inquiry into cryptocurrencies and their effect on UK investors and businesses, BBC reports today, Feb. 22.

The inquiry was prompted by the rising global interest in cryptocurrencies, as well as the recent rise and fall of the crypto market since the new year.

Bitcoin Lightning Fraud? Laolu Is Building a 'Watchtower' to Fight It

A woman peers out from a watchtower.

Below her hundreds of people are walking the streets of a bustling marketplace. She has one power: If a vendor tries to cheat a buyer or vice versa, she pushes a button, instantly notifying the innocent party. Once the swindle is known, the victim can zap the cheater, retrieving his or her funds and even penalizing extra for bad behavior.

Bitcoin Drops Below $10K as Crypto Markets Dip

Signs of bull market exhaustion in the bitcoin market may be having a knock-on effect across cryptocurrencies in general.

All of the top 100 cryptocurrencies by market capitalization - bar nano, dentacoin and tether - are in the red today, according to CoinMarketCap data.

Bitcoin (BTC) has dropped over 8 percent in the last 24 hours, as was indicated by the bearish reversal pattern on the daily charts and head-and-shoulders breakdown on the hourly chart.

As of writing, BTC had dropped to $9,958 - down 16.72 percent from the recent high of $11,958 hit on Feb. 20.

Oil Data Firm Platts Rolls Out Commercial Blockchain Platform

Energy markets data provider S&P Global Platts has announced the commercial deployment of a blockchain platform for sharing oil inventories in the United Arab Emirates (UAE).

Marking one of the first real-world products utilizing blockchain tech in the oil industry, Platts' network to allow market participants to submit data on oil storage on a weekly basis to the UAE's Fujairah Oil Industry Zone (FOIZ), as well as the overseeing body FEDCom.