Quick Coin Feeds | Nov 24, 2019

0
79

Major crypto/blockchain news of the day summarized in a way that you don’t miss a single news without having to spend a lot of time.

1. ‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop

Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests. According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as strong now as before the price drop. Hash rate refers to the amount of computing power dedicated to maintaining the Bitcoin network. Read More

2. Gladius Dissolves Ignoring SEC Order to Refund $12.7M ICO

Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors. The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of the company in a message sent to the project’s official Telegram group on Nov. 22.  Read More

3. Crypto News From the German-Speaking World: Nov. 17-23

The past week has seen a range of crypto- and blockchain-related developments in the German-speaking world. The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on legal issues surrounding blockchain technology, the Swiss online bank Swissquote began offering its customers the trading of a real estate portfolio-covering security token, and an Austrian research project provided proof of profitability for blockchain technology-based decentralized marketplaces. Read More

LEAVE A REPLY

Please enter your comment!
Please enter your name here