Topic: Cryptocurrency and Blockchain – Industry News –  (09.20.19 – 09.27.19) (Read 129 times)

Total Market Cap, as of 09.27.19 at 12:00pm (PST):  $214,363,678,700 (-20.32%)

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STORY OF THE WEEK
• BAKKT has officially launched its physically settled Bitcoin (BTC) futures on September 22nd, 2019 at 8:00pm EST.

CRYPTOCURRENCY TRADING SERVICES
• Boerse Stuttgart, Germany’s second-largest stock exchange has introduced digital asset trading on its new platform, Boerse Stuttgart Digital Exchange (BSDEX).

• Binance launches Binance.US, a platform to service traders based out of the U.S.

REGULATION
• The U.S. Securities and Exchange Commission sues ICOBox and its founder Nikolay Evdokimov for conducting an unregistered U.S. $14.6 million ICO back in August 2017 and for conducting token sales for over 30 clients raising over U.S. $650 million.

• The British Police is auction off U.S. $621,400 worth of confiscated Bitcoin from a criminal offering hacking services and selling personal data. The auction will begin from 12:00pm GMT on September 25th, 2019 managed by Wilsons Auctions.  

• A lawsuit has been filed against the New York State Department of Financial Services (NYDFS) to abolish the BitLicense has been moved to the state’s highest court.

TECHNOLOGY
• Cybersecurity firm Emsisoft has released a fix for a BTC ransomware dubbed “WannaCryFake”.

• A new browser-based malware dubbed the “Masad Stealer” has been found to replace the wallet addresses as it is being typed by unsuspecting victims.

INSTITUTIONALIZATION
• The People’s Bank of China (PBoC) has come out with an announcement addressing the allegations that it will launch a national digital currency in November.

• Derivatives giant CME Group has announced the launch of bitcoin options contracts scheduled to go live in Q1 2020.

PEOPLE
• CoinDesk’s editor-in-chief Pete Rizzo has departed the firm after 6 years at the organization. Rizzo oversaw the news site as well as its monthly report, released under its research arm, CoinDesk Research.

TWITTER
• @ErikVoorhees – “If you bought Bitcoin this summer at $12,000 because it was going up, and you’re selling it now at $9,700 because it’s going down, you’re doing it wrong. “Hodl” isn’t just a cute meme... it’s wisdom from the elders who have been here before.”

• @APompliano – “Large institutional investors aren't trying to time the market when they buy Bitcoin. They do their research, develop a thesis, make a decision, invest their capital in a prudent & disciplined way, and hold it for the long term. Don't try to outsmart yourself.”

• @Dailydirtnap – “I am a former bitcoin skeptic that is now a bitcoin believer. Thread/”