Another major cryptocurrency exchange experiences backlog issues
Bittrex joins the list of prominent digital token exchanges struggling with growth issues. Customers of the popular US-based exchange are unhappy about the company’s inability to handle effective withdrawals.
Israel prepares to follow China in implementing a crypto crackdown
Digital currencies attract further controversy, as Israel indicates a potential cryptocurrency crackdown. “I think it looks like a bubble, smells like a bubble, acts like a bubble, and feels like a bubble,” said Israel Securities Authority Chairman, Shmuel Hauser.
Israel to launch blockchain-based national cryptocurrency
Israel has joined the growing list of countries planning to launch their very own state-backed cryptocurrency. The country’s interest in promoting a digital currency is aimed at minimizing risks of money laundering and tax evasion offenses.
Coinbase rumored to launch new cryptocurrencies
The popular exchange platform, Coinbase, has been rumored to soon add cryptocurrencies such as Stratis, Dash, and Ripple to its platform.
Cryptocurrency mining bot targets Facebook Messenger users
A new undercover cryptocurrency mining bot is infecting devices via a malicious video link that is sent through Facebook Messenger.
Segwit2X fork scheduled for December 28th
After abandoning the Segwit2X fork in mid-November, the project has been rebooted and scheduled to fork on December 28.
Havven – a stable, asset backed digital token
Keeping in mind that bitcoin is just not currently practical, Kain Warwick, CEO of Blueshyft, came up with Havven. Havven is a crypto monetary system that backs itself. It is an ingenious method to solve the biggest problem that is being faced by the crypto market, which is, volatility.
The SEC to issue stricter regulations concerning digital currencies
According to SEC’s ex-chairman, Harvey Pitt, startups are taking advantage of investors’ lack of adequate digital coin related knowledge. Their investments are based on the fact that “prices seem to be going up”. Pitt further commented that the next year will bring more regulations from the SEC.
NYSE Arca hopes to list bitcoin futures ETFs
The New York Stock Exchange (NYSE) is preparing to move into the virtual token space. The exchange is seeking approval from the SEC to list bitcoin ETFs on its NYSE Arca market. A public document, dated December 19th, details that the exchange has appealed for a rule change in order to launch two bitcoin-tied funds.
Cryptocurrency market cap sheds billions
In a rough turn of events, the cryptocurrency market went through a severe plunge. When the dust settled, roughly $190 billion worth of market cap was wiped out. Bitcoin and other tokens have suffered significant losses.
