🗞 Daily Crypto News, May, 28th💰

in #cryptocurrency6 years ago (edited)

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Chilean Bank Reopens Accounts of Cryptocurrency Exchanges

Following the court order for three major banks in Chile to reopen current accounts of crypto exchanges, Cryptomkt and Buda.com, one bank has complied. Bancoestado has reportedly made arrangements to open an account for Cryptomkt exchange, which expects to resume cryptocurrency transactions in the coming days.

Read more & Source: https://news.bitcoin.com/chilean-bank-accounts-cryptocurrency-exchanges/

🗞 IHS Markit Has a Plan to Tokenize the $1 Trillion Syndicated Loan Market

There's a lot of talk in the financial world these days about putting cash (the fiat kind) on distributed ledgers, but little action beyond proofs-of-concept.

That may soon change as IHS Markit, the market infrastructure giant, is developing a new blockchain-based system to handle the payments leg of syndicated loan trading – and eventually, a wider range of financial transactions. Revealed exclusively to CoinDesk, this system of smart contracts and wallets, known as Stax, is designed to eliminate the last mile of wire transfers, where each transaction has its own wire.

If successful, it should cut out the complexity and workload around cash reconciliation between parties in a syndicated loan, which can involve as many as 30 different banks.
Read more & Source: https://www.coindesk.com/ihs-markit-plan-tokenize-1-trillion-syndicated-loan-market/

🗞 GDPR and Blockchain: Is the New EU Data Protection Regulation a Threat or an Incentive?

The General Data Protection Regulation (GDPR), a sweeping and stringent European Union (EU) wide legal framework for personal data privacy, became effective on May 25. Ready or not, this framework is going to drastically transform the business of any digital venture. The International Association of Privacy Professionals (IAPP) forecast that at least 75,000 privacy jobs will be created as a result, and that Fortune's Global 500 companies will spend close to $8 bln in order to ensure they are compliant with the GDPR. But what does this mean for the blockchain?

Read more & Source: https://cointelegraph.com/news/gdpr-and-blockchain-is-the-new-eu-data-protection-regulation-a-threat-or-an-incentive

🗞 Buy Bitcoin, Sell Your Altcoins, Says Pioneering Wall Street Blockchain Analyst

Bitcoin remains a strong buy despite recent losses, blockchain venture capitalist Spencer Bogart told CNBC yesterday, May 26. The cryptocurrency will trade “at least” above $10,000 by the year’s end, he added.

“The long-term thesis is very much intact... The institutionalization of Bitcoin is absolutely occuring...Every major bank is trying to do something in the space. Either they're going to be offering Bitcoin to their clients, they're working on a custody platform or they're opening up a trading desk.”

Read more & Source: https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

🗞 EOS Meetup in Paris, France - Introduction to the differences between EOS & Ethereum

Introduction to the Evolution of "Blockchains"

  • Blockchains 1.0: Bitcoin
  • Blockchains 2.0: Ethereum, Pioneer of this evolution.
    The ETH Blockchain had 1.0 characteristics and added a Virtual Machine on top of it
  • Blockchains 3.0: EOS, Cardano...
    Had Blockchains 2.0 characteristics and developped OS, Internet of Blockchain and added more flexibility.

Read more & Source: https://steemit.com/eos/@vlemon/eos-meetup-in-paris-france-introduction-to-the-differences-between-eos-and-ethereum

Daily Crypto Calendar, April, May, 28th

  • Cardano (ADA)

K-EVM, a stack-based machine which uses K & K-framework, released on testnet.

  • THEKEY (TKY)

TKY testnet launching May 28 (ahead of schedule).

  • Cryptocurrencies (CRYPTO)

BlockShow team’s aspiration is to showcase the industry’s most groundbreaking solutions and bring businesses together with the Blockchain.

  • IOTA (MIOTA)

"The meetup will be presented in French and English by Wilfried Pimenta & Lewis Freiberg."

  • Ardor (ARDR)

"Learn about the most technologically advanced blockchain protocol from a core developer and blockchain expert."

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-may-28th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

We almost broke our support line at 2.55$. However the break is not yet confirmed and we are staying close of our line. The coming hours will be very important. We could have a little breach and return after higher than this line. If the break is confirmed, we could have a drop till the next support line directly around 2.00$...

Trading Platform with High Volume & Low Fees : Binance

You don't want to miss a Crypto news?

Follow me on Twitter and Facebook

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 62066.10
ETH 2419.11
USDT 1.00
SBD 2.66