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Cryptocurrency Daily Roundup - Oct. 10


Cryptocurrencies, led by Bitcoin, are trading with losses Wednesday morning amid a lack of any major positive news.

In news, internet giant Google alluded to cryptocurrency mining in its latest advertisement for its Call Screen service. This move made crypto enthusiasts to speculate on the company's stance towards cryptocurrencies in general.

In September, Google said it was partly reversing its ban on cryptocurrency-related advertisements, starting October.

Overall cryptocurrency market capitalization was $217.31 billion and the Bitcoin dominance rate was 52.3 percent as of 10.17 am ET on CoinMarketCap.

Here is a wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours.

Bitcoin.com's Roger Ver Mulls Own Crypto Exchange

Bitcoin.com, a Bitcoin and Bitcoin Cash digital wallet provider, is likely to buy or develop its own cryptocurrency exchange, according to its Chief Executive Officer Roger Ver. In an interview with Bloomberg, Ver said he is considering finding a partner to produce the platform, or may build one internally. Bitcoin Cash would be the base-currency for the exchange, he noted.

Pundi X Unveils Blockchain-powered Phone

After making the world's first blockchain-powered point-of-sale (XPOS) device, Singapore-based blockchain project Pundi X has now showcased the first ever phone call made on the blockchain at the ongoing XBlockchain Summit at the Inaya Putri, Bali. The phone call was made on the newest device known as the XPhone, using the new Function X blockchain-based OS and communication protocol for mobile devices developed by Pundi X. Function X will be transformational to blockchain as the browser is to the Internet.

Blockchain Platform NULS Secures Investment From US Hedge Fund

Blockchain infrastructure platform NULS has secured an investment of an undisclosed amount from U.S.-based hedge fund Ulysses Capital, which manages a portfolio around $1.5 billion of bonds-70 percent, and stocks-30 percent. Apart from the investment, NULS agreed with Ulysses to collaborate to promote the NULS platform for various ICO projects.

Forbes Moving Its Content To Blockchain Platform

Forbes Media, LLC is going to become the first major media organization to experiment with publishing content on blockchain. With technical help from the start up blockchain news network "Civil," Forbes will permanently archive its content to a decentralized environment ensuring that no third party removes or alters it.

Current Prices

As of 10.17 am ET, Bitcoin was down 1.02 percent at $6,506.81 and Ethereum was lower by 0.93 percent at $223.51 on Coinbase.

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