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Ethereum sank as much as 15 percent and Bitcoin fell almost 7 percent to a three-week low in a few hours. However, the decision made by Goldman Sachs is likely to be only temporary and may be revised in the near future.
Cryptocurrency exchange ShapeShift has introduced a new rewards program. Currently, it is optional, but it will become mandatory in the near future and will require the provision of basic personal information.
The technologies giant Microsoft is connecting its major products to blockchain. A number of Microsoft platforms has already been quietly linked to the technology.
Coinbase has been ordered by Apple to remove the crypto collectible game War Riders from their iOS Wallet’s listing soon after they enabled native support for the game’s NFT (non-fungible token).
Japan’s Line Corp will launch its first digital token and list it on Bitbox exchange in September. With this launch, LINE is hoping to become “one of the largest and most-established companies to develop and issue a cryptocurrency.”
Venezuelan President Nicolas Maduro ordered banks to adopt the Petro, the Maduro government-launched cryptocurrency, as a unit of account and use this cryptocurrency in all financial reports.
In July 2018, Google enforced a ban on applications that allowed mining cryptocurrencies on mobile devices. However, some apps with on-device mining capabilities are still live on the Play Store.
A new platform TravelBlock is a pioneering user of blockchain in the travel industry. TravelBlock aims to leverage the technology to directly connect travelers to providers within their holiday booking platform.
Super Crypto mining, a subsidiary of DPW Holdings, will establish a Bitcoin mining farm at the site of the dam near the Valatie falls, New York, for using the hydroelectricity generated from the dam itself.
Huobi has welcomed Randi Zuckerberg as a member of its Chain Expert Advisory Committee. Together with seven other experts, Facebook CEO’s sister will be working on the future development of the Huobi platform.