SpankChain (SPANK)

Konstantin Rabin, financial expert and crypto enthusiast, unveils what hides behind the recent shut down of once promising stablecoin project – Basis.

The Blockchain Transparency Institute confirms the long-anticipated fears that most exchanges engage in wash trading. Their December report clears on Binance and Bitfinex only.

A subsidiary of Overstock, tZERO, has announced that they are hired by GSR Capital, a private equity company, in order to develop a new crypto token which will be used specifically for trading cobalt.

The Swiss government wants to adjust its existing financial laws to the needs of the blockchain sector with a view to support its development.

XRP has been pretty much asleep for a very long time and as we are approaching the end of 2018, the much-needed news about Ripple’s partnerships with major financial institutions have started erupting in the crypto-space.

The new service that allows users to broadcast their own messages via Lightning Network, will be available worldwide starting from January 2019.

San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new “Convert” service as a part of their “12 Days of Coinbase” mission, imagined to help people and their clients all over the world.

Finally, crypto market starts showing at least some signs of recovery: Tether (USDT) manages to enter the top-five cryptos by market cap (for the short period of time though) while EOS gains considerable 25%.

Should the bulls succeed in breaking up the supply level of $103, Ethereum price will rally to the north and target the strong supply level of $131.