Binance will Trade ZenCash Starting Today
Binance, the world’s second largest cryptocurrency exchange, announced opening trading pairs for ZenCash. The cryptocurrency will be available for trading with Binance Coin (BNB), Bitcoin (Bitcoin) and Ethereum (ETH/USD) starting 07:30 AM (UTC)
Huobi Launches New Consolidated Cryptocurrency Index
Huobi, currently the 4th largest cryptocurrency exchange, launched today a new consolidated index reflecting the overall performance of the Huobi Pro market. It will also allow investors to see a single aggregated feed as opposed to checking their assets one at a time.
ShipChain Drops by 50% Amid Accusations Securities Law Violation
ShipChain (SHIP) dropped by almost 50% following news that the blockchain startup received a cease-and-desist order from the South Carolina Attorney General’s Office. According to the regulator, ShipChain distributed investment contracts under the guise of digital tokens, which are the only means of exchange on its platform. ShipChain was also allegedly unregistered with the Attorney General’s Securities Division as a broker-dealer.
“At all times relevant to this Order, Respondent ShipChain continuously offered investment opportunities in the ShipChain platform and the corresponding tokens to South Carolina residents through its website and in-person events held in South Carolina. At no time relevant to the events stated herein was Respondent ShipChain registered with the Division as a broker-dealer, and no exemption from registration has been claimed by the Respondent,” the order stated.
Bank of America Receives Patent for Blockchain Platform Security Tools
According to the US Patent and Trademark Office, Bank of America has patented a way to automatically control access to certain elements of blockchain systems. This is not Bank of America’s first blockchain-related patent.
PayPal Promises to Support Bitcoin in the Future
John Rainey, PayPal CFO, in an interview with CNBC said that the company “does not see a lot of interest” in digital currencies among its customers due to price volatility, but in the future when Bitcoin will be the “better currency”, they will certainly support it. According to Rainey, cryptocurrency volatility threatens the stability of the business: "If your product or service have a margin of 10% and you accept payment in cryptocurrency, and the next day the rate fell by 15%, then you are in the red. That is why most chose more stable currencies."
The total cryptocurrency market capitalization stands at $345 262 328 330
Bitcoin (Bitcoin) is 4,36% down to $7 896,16
Ethereum (ETH/USD) is 9,62% down to $622,52
Ripple (XRP/USD) is 7,73% down to $0,619465
Bitcoin Cash (Bitcoin.Cash) is 11,42 % down to $1 044,06
EOS (EOS/USD) is 10,99% down to $11,48
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By Nadya Astam