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Cryptocurrency Daily Roundup - Feb.14

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Here is a summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.

Nasdaq to provide BTC and ETH Indices from February 25

The Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) will "provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD, and based on the most liquid ends of their markets," NASDAQ said in a statement. The move is expected help introduce cryptocurrency to traditional stock market investors on Wall Street.

Banco Santander in $700 mln business modernization deal with IBM

Spanish banking group Banco Santander has struck a 5-year global technology agreement with IBM, valued at about $700 million, to enable Santander Group to accelerate its business modernization using emerging technologies such as Artificial Intelligence (AI), Blockchain and Big Data. The deal is expected to help the bank reduce annual IT spending costs, and enhance efficiency of the bank's operations.

Blockchain platform VAKT names Ex-JPMorgan Exec. new CEO

Blockchain platform VAKT announced the appointment of former JPMorgan executive Etienne Amic as its new Chief Executive Officer. VAKT created a blockchain-powered post-trade processing and management platform for commodities. Amic , with his experience at JPMorgan Chase and Mercuria Energy Trading S.A. in commodities trading, is in a role that will help to achieve VAKT's aim of changing the face of physical commodities trading by eliminating reconciliation and paper-based processes.

New Zealand's hacked Cryptopia exchange allowed to reopen

New Zealand police have given the green light to open a Christchurch-based crypto trading company that was forced to close after suffering a major hacking attack last month. Cryptopia had said on January 14 that it suffered a security breach that resulted in significant losses. The exchange has not disclosed the value of the losses, the tokens and currencies affected, or any measures to refund users.

Current Prices

As of this writing, Bitcoin is declining 0.39 percent or $14.10 at $3561.75 on Coinbase. Ethereum is losing 0.59 percent or $0.72 at $120.25.

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