In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
The flat is still going on. Determining the exit direction
It seems that the radar of the Chinese authorities has again detected illegal cryptocurrency companies. China has blocked access to the websites of 124 offshore cryptocurrency exchanges in the country, effectively shutting down their operations, the South Southern Morning Post reports.
There is no doubt that Ripple Labs stands out among other companies in the cryptocurrency market. This organization has more money than many others, a huge team of experienced programmers, and a widely sold product line created to integrate blockchain into the financial industry.
Researchers have discovered a series of attacks by the Lazarus organization, which attacks cryptocurrency exchanges by distributing malware to macOS users. According to Kaspersky Lab, a network of cryptocurrency platforms based in Asia was infected with the Lazarus Trojan, which led to the spread of malware to computers running Windows and macOS operating systems.
On October 9, 2018, Blockchain & Bitcoin Conference Switzerland will be held for the second time in Switzerland, the European hub of financial technologies. The event is dedicated to blockchain and cryptocurrencies; it brings together developers of blockchain projects, investors, analysts, financiers, marketing and legal support specialists for business. The first Blockchain & Bitcoin Conference Switzerland took place in February and brought together over 300 participants.
The US Securities and Exchange Commission (SEC) has rejected a proposal by ProShares, Direxion and GraniteShares to create Bitcoin trading investment funds (ETFs). The commission provided the same reasons for refusal to all three companies.
SEC rejection of ProShares ETF application did not knock altcoin prices out of two-week sideways range
Bitcoin broke out of its week-long consolidation in dramatic fashion, receiving an unexpected boost following the planned shutdown of BitMex, a trading platform with a 40% market share of BTC trading.
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