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What is a Decentralized Application? How Do Smart Contracts Work? 2,800 mark in recent days. 15,000 levels in the next 24 hours. The cryptocurrency exchange has resumed services after a scheduled maintenance that was supposed to take two hours but instead took two days. Blockchain-based startups, many of which are using their own crypto tokens, are taking aim at the centralized monopolies on the web today.
South Korea’s citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move. Upside Break on the Way? Privacy-focused cryptocurrency zcash is solidly bid against the dollar and could soon see a spike against bitcoin. 14,000 and could be in for a phase of rangebound trading as the markets come to terms with regulatory noises from South Korea.
South Korea’s Presidential Office said today that a plan to ban trading cryptocurrencies via exchanges in the nation is still not set in stone. Despite the two-way action on the price of bitcoin over the last 24 hours, the bears still appear to have the upper hand. New reports suggest that the South Korean government is intensifying its moves against the country’s bitcoin exchanges. The SEC’s analysis of DAO tokens being securities will have what sort of impact on token sales going forward? More token sales will start excluding potential U. Housing or Dotcom: Which Bubble Does Cryptocurrency Mania Resemble?
Penske Logistics has become the latest company to join the Blockchain in Transport Alliance. A director of Germany’s central bank said at an event that cryptocurrencies must be regulated at a global scale, not just on a national level. The central bank of Lithuania has launched a new regulatory “sandbox” for startups working with blockchain. Two former users of the defunct bitcoin exchange Mt. Gox have brought a lawsuit against the company over the loss of 9,500 bitcoins. South Korean authorities have reportedly said that cryptocurrency investors must attach their IDs to anonymous virtual accounts or face penalties.
Bank Indonesia has warned that cryptocurrencies may not be used for payments in the country. Enterprises may have gone quiet toward the end of 2017, but that doesn’t mean they won’t be players in the year ahead, Accenture’s Valiente argues. After announcing a Swiss branch, Chinese bitcoin mining giant Bitmain is reportedly looking at a second expansion into Quebec. Blockchains are inefficient, and worth the cost only when censorship-resistance is required. What will be the hottest sector of blockchain this fall?