Cryptocurrencies are mixed Tuesday morning with the leader Bitcoin and some peers in the green, while the close rival Ethereum and several others were declining.
Overall cryptocurrency market capitalization was $239.71 billion and the Bitcoin dominance rate was 53 percent as of 11.17 am ET on CoinMarketCap.
Here is a wrap of the main news from the cryptocurrency and blockchain space over the past few hours.
Bittrex Delists Bitcoin Gold For Refusing To Pay Hack Damages
Cryptocurrency exchange Bittrex has delisted Bitcoin Gold trading options after the maintainers of the distributed digital currency declined to cover the loss the exchange incurred from cyber attacks in May. Bittrex had asked The Bitcoin Gold Organization to pay 12,372 BTG or $256,000 to remain listed, and the demand was later halved to around 6,000 BTG coins. The BTG team refused to pay even the halved reparations fee. Read more...
Japan's FSA Tightens Screening Process For Crypto Exchanges
Japan's Financial Services Agency or FSA has tightened its registration screening process for new cryptocurrency exchanges, with additional requirements. With the move, the regulator aims to examine whether the applicants are properly conducting risk management. Read more...
People's Insurance Co. Of China To Trial Blockchain
People's Insurance Co. of China (PICC) is planning to deploy blockchain technology in its insurance operations. The Chinese property and casualty insurer is partnering Norway-based assurance services provider DNV GL and Shanghai-based blockchain platform VeChain for the project. Read more...
Google Adds Ethereum To Big Data Analytics Platform BigQuery
Google added cryptocurrency ethereum to BigQuery, a public dataset for smart contract analytics. The new service allows one to analyze and visualize data in the Ethereum blockchain. Google had already made the Bitcoin dataset publicly available for analysis in BigQuery. Read more...
Former Estonian Premier Joins Blockchain Startup Lympo
Former Estonian Prime Minister Taavi Roivas joined blockchain startup Lympo as the new chairman of the company's Supervisory Board. Lympo says its mission is to make the world healthier by incentivizing people to exercise and be active. To its app users who finish various fitness related challenges, the company rewards with LYM utility tokens, which can be exchanged for sports and wellness products. Read more...
Current Prices
As of 11.18 am ET, Bitcoin was up 1.43 percent at $7,373.03, while Ethereum was lower by 0.26 percent at $288.40 on Coinbase.
by Jyotsna V
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