logo
Plus   Neg
Share
Email

Cryptocurrency Daily Roundup - Aug. 20

crypto-aug20-lt.jpg

Leading cryptocurrencies were in the red Monday morning, though Bitcoin was seeing modest gains.

The cryptocurrency market capitalization was $213.51 billion and the Bitcoin dominance rate was 52.2 percent as of 11.12 am ET on CoinMarketCap.

Here is a wrap of the main news from the cryptocurrency and blockchain space over the past few hours.

UK Exchange Crypto Facilities Unveils First Regulated Bitcoin Cash Futures

UK-based cryptocurrency trading platform Crypto Facilities announced the addition of Bitcoin Cash to its list of derivative offerings. It is the first BitcoinCash-Dollar futures to be offered by a regulated firm, the company said in a statement. The new derivatives contract started trading on Friday, August 17.

JD.com To Launch Blockchain Platform For Enterprise Customers

Chinese retailer JD.com is set to launch a new blockchain technology platform for enterprise customers to build, host and use their own blockchain applications. The platform is expected to enable customers to create and adjust smart contracts on public and private enterprise clouds.

Sibos Cracks Down On Crypto Startups

Sibos, the biggest banking technology conference, will not have cryptocurrency firms exhibiting their products at the upcoming annual event in Australia, London's Financial News reported, citing sources. The move has sparked a row between the organizer of the conference and the fintech companies. The conference in Sydney, Australia is expected to host over 8,000 people.

Three Arrested Over China's Biggest-ever Bitcoin Heist

Police in China have arrested three men who stole cryptocurrencies worth around $87 million by hacking computers in March this year. Suspects in what is considered to be China's biggest-ever bitcoin heist were detained in coordinated raids in capital Beijing and the provinces of Hunan and Changchun last week, Chinese media reported.

Current Prices

As of 11.03 am ET, Bitcoin was up 0.52 percent at $6,458.01 and Ethereum was lower by 4.03 percent at $287.87 on Coinbase.

by Jyotsna VRTTNews Staff Writer

For comments and feedback: contact editorial@rttnews.com

Business News

Follow RTT