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.
Yesterday's price consolidation will gradually shift to a gradual decline in pairs to the area of immediate support.
According to Financial Magnates, the Coincheck exchange told customers that it plans to resume full support for all cryptocurrencies that existed before the hack in January 2018, which cost the company half a billion dollars. Among other things, users can once again deposit, withdraw and sell Ripple's altcoins XRP and Factom (FCT).
SBI Ripple Asia has teamed up with the Japan Payment Card Consortium (JPCC) to launch a proof of concept (PoC). The companies intend to provide an environment in which payment card manufacturers can share information about fraud, thereby preventing the further spread of illegal transactions.
A class action lawsuit has been filed against Bitmain, accusing them of mining at the expense of buyers via Antminer S9.
After several weeks of severe price losses, some of the altcoins may recover to the nearest resistance level.
Ethereum developers are preparing a large-scale upgrade of the network, but are in no hurry to disclose their intentions. Among the innovations being discussed are the possible replacement of the virtual machine and the introduction of fees for storing smart contracts. Whether these innovations will be included in next year's release remains intriguing.
The Blockchain Technology Foundation has been based in South Korea since its inception, but recently its representatives were in talks with the Paraguayan government to create something big - the world's largest mining farm and cryptocurrency exchange.
The correction after Sunday's decline has ended and today altcoins will enter a short-term consolidation
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