Bitcoin’s limited supply is about to get a bit more limited.
Barring an unforeseen event, the 17 millionth bitcoin is likely to be mined in the coming day, data from Blockchain.info shows, a development that would mark yet another milestone for the world’s first cryptocurrency. That’s because as per bitcoin’s current rules, only 21 million bitcoin can ever be created.
The reason why I started looking more into this new cryptocurrency exchange platform was because its exchange volume on ‘cointmarketcap.com’ seemed different from the others.
Although you wouldn’t know it by today’s prices, bitcoin cash (BCH) has topped the crypto market leader board this month. The digital currency more than doubled over the span of 18 days, and in doing so far outpaced the broader market. But a closer examination of the value drivers suggest manipulation could be partly responsible for the rally.
Once the regulation is smoothed out and the space “matures”, Nasdaq would consider becoming a digital currency exchange, the company’s CEO says.
“Certainly Nasdaq would consider becoming a crypto exchange over time,” Nasdaq CEO Adena Friedman says.
In the meantime, Nasdaq is supporting existing crypto exchanges, and announced a technology deal with Gemini Wednesday.
Crypto exchange Poloniex has suspended all ERC-20 (Ethereum-based) token deposits and withdrawals, and HitBTC has initiated an internal inspection that takes deposits and transfers offline, following OKEX’s decision to halt ERC20 deposits earlier today after the discovery of a potential new smart contract bug called batchOverFlow.
We've temporarily suspended ERC-20 token deposits and withdrawals while we review all smart contracts for exposure to the reported batchOverflow bug. We take any reports of vulnerabilities very seriously to ensure that customer funds remain safe. Thank you for your patience!
— Poloniex Exchange (@Poloniex) April 25, 2018
Due to a potential issue detected in ERC20 smart contracts, we initiated an internal inspection. All deposits and transfers on ERC20 tokens will be getting online in accordance with the results of the inspection. Please refer to the System Health page for online status.
— HitBTC (@hitbtc) April 25, 2018
The Republic of San Marino, a tiny microstate entirely surrounded by Italy, unveiled ambitious plans to become one of the world’s leading blockchain hubs.
San Marino Innovation, the Republic’s innovation arm, has confirmed the creation of a joint venture with Estonian-based blockchain technology developer Polybius. With the partnership, San Marino wants to develop the infrastructure, the regulations and the technical expertise to become a blockchain powerhouse.
Mass media company Thomson Reuters has found that one in five of its financial services clients is considering trading cryptocurrencies this year.
The firm recently surveyed more than 400 clients on its data and trading platforms, including Eikon, REDI, FXall and Elektron. About 20 percent of these clients were “really interested and actively exploring” launching cryptocurrency trading operations in 2018, the firm’s director of new content initiatives Sam Chadwick told CoinDesk.
Wallet integrations are essential to Kyber Network’s growth and adoption, which is why we could not be more thrilled to offer our token swap services to MyEtherWallet (MEW) in one of our biggest partnerships to date.