- The Fall of Tether and What It Means for the Cryptocurrency Markets ;
- Crypto Reckoning? Industry Vets Strike Humble Tone in San Francisco ;
- Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding ;
- IBMโs Blockchain Patents: From Food-Tracking and Shipping to IoT and Security Solutions ;
- Binance Launches Its First Fiat-Crypto Exchange in Uganda ;
- ๐ Daily Crypto Calendar, October, 15th๐ฐ
- STEEM Trading Update by @cryptopassion
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
๐ The Fall of Tether and What It Means for the Cryptocurrency Markets
The demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the U.S. dollar. But by then, the damage may have already been done.
๐ Execs Say Blockchain Adoption Has Been 'Harder Than Expected'
- Forbes refers to a report issued by Greenwich Associates which says that 57% of more than 200 executives polled said implementing DLT has been harder that expected.
- 45% of execs said that blockchain scalability was a โmajor issueโ, while 18% said it was not an issue.
- A majority of firms surveyed had not yet taken their platforms to live production, and those in production were experiencing slow transaction speeds. However, the report quotes 2% of respondents suggesting they had been able to reach over 15,000 tx/sec.
๐ Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding
Blockchain startup Adhara, which boasts a stellar line-up of former banking innovators, has secured $15 million in new funding from Consensys, the ethereum design studio.
The funding will help Adhara continue its work on international payments, which includes introducing central banks to the type of cryptography normally confined to math labs and academic circles.
๐ IBMโs Blockchain Patents: From Food-Tracking and Shipping to IoT and Security Solutions
The adoption of blockchain technology is slowly taking shape across a multitude of industries. At the forefront of the amalgamation of payment systems and logistics is US tech giant International Business Machines Corporation (IBM), which has established itself as a leader in terms of blockchain-based products and offerings.
The latest developments aim at the logistics sector โ but IBM has been keen on blockchain for over 5 years that reveals a slow and steady approach to the adoption of enterprise-scale blockchain solutions.
๐ Binance Launches Its First Fiat-Crypto Exchange in Uganda
CEO and founder of Binance, Changpeng Zhao (CZ), had told Cointelegraph in an exclusive interview in June of plans to open the Ugandan crypto-fiat exchange.
As per Binance Ugandaโs press release, the new branch will officially start accepting deposits and withdrawals of Ugandan shillings (UGX) Wednesday, Oct. 17. Binance Uganda notes that exchange has already begun its know-your-customer (KYC) procedures.
๐ Daily Crypto Calendar, October, 15th๐ฐ
- SunContract (SNC)
SunContract CMO - Winfred K. Mandela will be speaking at the SolarTech Summit. CEO - Gregor Novak and CFO - Mojca Bajec also in attendance.
- CyberMiles (CMT)
CyberMilesโ MainNet will be launched officially on Oct. 15, 2018. At the same time, ERC20 CMTs will migrate from the Ethereum blockchain.
- MetaMorph (METM)
MetaMorph decentralised atomic swap exchange launches.
- Hive Project (HVN)
"Our official launchโโโthe location and exact timing of the event is still yet to be revealedโโโwill be on 15 October..."
- Substratum (SUB)
First snapshot For Amplify Airdrop, which begins on January 15, 2019.
- Reecore (REEX)
REEX will be releasing it's Whitepaper Version 1.0 on 15/10/2018.
Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Yesterday, we failed to break the upper line of the trading canal. After a little pull back, we are doing a new test of this line with a nice green candle. Let's see if the market will be powerfull enough to go out. It looks like the BTC want start a move soon also and with an UP trend. This could helps us to finaly break this resistance line.
Last Updates
- ๐ Daily Crypto News, October, 14th ๐ฐ
- ๐ Daily Crypto News, October, 11th ๐ฐ
- ๐ Daily Crypto News, October, 10th ๐ฐ
- ๐ Daily Crypto News, October, 9th ๐ฐ
- ๐ Daily Crypto News, October, 8th ๐ฐ
- ๐ Daily Crypto News, October, 7th ๐ฐ