EOS Leads China’s Blockchain Rankings Again, Bitcoin Still Out of Top 15

EOS Leads China’s Blockchain Rankings Again, Bitcoin Still Out of Top 15

Advertisement The Chinese government has released its third round of public blockchain rankings, and EOS — the fifth-largest cryptocurrency by total market cap — once again reigned supreme. EOS Tops China’s Blockchain Rankings for Second-Straight Month Those rankings, published by the state-backed China Electronic Information Industry Development (CCID) and released this week, evaluated public blockchain…

Crypto Market Slightly Struggles After Mini Bull Run, Ripple Down 5%

Crypto Market Slightly Struggles After Mini Bull Run, Ripple Down 5%

Advertisement Subsequent to demonstrating a mini-rally on July 18, the crypto market has declined by $12 billion, triggered by a large drop in the value of tokens. Ripple’s Downtrend Since Wednesday, bitcoin, the most dominant cryptocurrency in the market, has performed relatively well against the US dollar. Its volume, which remained below $3.5 billion last…

India’s Supreme Court Sets September Date for Final Cryptocurrency Petition Hearing

India’s Supreme Court Sets September Date for Final Cryptocurrency Petition Hearing

Advertisement India’s Supreme Court has upheld the central bank’s directive of prohibiting banks from offering services to the domestic cryptocurrency sector following a hearing today. On Friday, India’s Supreme Court held its latest hearing of the case against the Reserve Bank of India’s (RBI) circular forbidding all regulated financial institutions, including banks, to provide services…

Korea’s Financial Regulator Will Establish a Positive Cryptocurrency Policy Body

Korea’s Financial Regulator Will Establish a Positive Cryptocurrency Policy Body

Advertisement South Korea’s primary financial regulator will establish a new policy-making body centered on nurturing Korea’s fintech industry with a specific focus on cryptocurrency and blockchain technology. The Financial Services Commission (FSC) is set to establish a new policymaking body dubbed the Financial Innovation Bureau to proactively help the fintech industry while formulating policies for…

Encrypted Email Service Tutonata Tests Cryptocurrency For Payments

Encrypted Email Service Tutonata Tests Cryptocurrency For Payments

Advertisement Tutanota, a provider of an encrypted email service, has begun to accept donations in bitcoin, ether, bitcoin cash and monero in order to test payment processing using cryptocurrencies, the company announced in a blog post. The German firm noted that it wants to support decentralized payment systems that are independent of centralized processors such…

CFTC Issues New Warning on Utility Tokens & Other Cryptocurrencies

CFTC Issues New Warning on Utility Tokens & Other Cryptocurrencies

Advertisement The United States Commodity Futures Trading Commission (CFTC) has issued another warning to consumers, advising them to exercise caution and carry out comprehensive research before investing in any cryptocurrencies, including those advertised as utility coins or consumption coins. The alert, which came in the form of a Customer Advisory warning posted on the CFTC…