📰 23/7/2018 JPMorgan experts are sure that blockchain will protect financial system during next crisis; China will observe the illegal mining; and other news by ICO Telegraph

icotelegraph (60)in #bitcoin • 6 years ago (edited)

🕑 5 min read

What did we collect for you today:

Blockchain technology/ economic overview;
Regional updates: tokens, exchanges, etc.;
Exchanges/listing/ICO news: new tokens, announcements;
And more related information.

📌 Blockchain can prevent next financial crisis

JPMorgan experts are sure that this new technology can protect financial system from big risks in the future (source)

News about the next financial crisis is often come to the headlines. No one knows when and how system will collapse; but, there is can be a new solution. At least, ex-vice president of North American investment banking at JPMorgan Chase thinks so – and probably, previous experience in 2008 crisis made him to voice this opinion.

Pang Huadong also remembers his experience JPMorgan, now says that blockchain technology remains to be ““at a very early stage”, but, its potential for building trust and transparency communication within economic relationships is very high. And, another point that G20 will study blockchain, crypto-currencies and its contribution to the present financial situation.

“While crypto-assets do not at this point pose a global financial stability risk, we remain vigilant.”

G20

In the period from 2008 to 2013, various regions entered the so-called "financial crisis". It is estimated that the world trade has lost 10% of pre-crisis volumes. This negative impact still does not allow the world to resume the economical movement which was registered before the recession.

Tags: #blockchain #future #financial #crisis #opinion
Who can be interested: finance/market researchers

📌 China will monitor the activities of illegal miners

Chinese authorities intend to stop illegal mining until the end of August (source)

At the moment, there are several conditions for the cryptocurrency mining in this country. Firstly, it is a license to operate, and secondly, the miner is obliged to conclude an agreement with energy suppliers. China's Xinjiang Uyghur region is probably the one which will be observed: information leak shows that the initiative is also supported by local energy companies.

In turn, energy suppliers will have no choice. Local public utilities and companies will be responsible if they cannot stop "illegal" mining operations".

Tags: #China #mining #regulation
Who can be interested: regional users/miners

📌 ICO Calendar

Upcoming/ending ICOs in near future

📕 END

GSC Aviation [Infrastructure], TV-TWO [Smart TV], Xenia Coin [Finance/Banking] ICOs will end on July 24, 2018.

📗 STARTS

EON Protocol [Entertainment], ICBCoin [Infrastructure], Wemark [Media] ICOs will start on July 24, 2018.

Do you know? U Network established a 10 billion token supply cap, but then organizes buy-back. The number of project partners and investors has grown: now the company buys tokens back, without additional emission (with goal not to affect the bid price).

↪️ Others are now verified as TBD

We do not guarantee the trust level of ICOs, but we’ll tell you about the projects that have reached the stage of sale.

💰Market Cap: $286 285 457 468
💵24h Vol: $14 506 418 889

📊 Prices TOP 23.07.2018

↗️↘️Bitcoin: $7 725
↗️↘️ETH: $461
↗️↘️XRP: $0,449446
↗️↘️BCH: $796
↗️↘️EOS: $7,96
↗️↘️XLM: $0,285472
↗️↘️LTC: $84
↗️↘️ADA: $0,168771
↗️↘️IOTA: $0,957489
↗️↘️USDT: $0,999177

♻️ Exchanges

📌 GBX is officially opened to public

The Gibraltar Blockchain Exchange (GBX) is completely launched. Available after KYC and fiat onboarding (source)

The new crypto exchange, which opening has already been announced earlier, will now provide fiat trading opportunity for customers, as well as a number of trading pairs, which are planned to expand in the future. By the way, already many projects want to get a listing on GBX.

“Today marks the most exciting development on the GBX journey thus far and is a significant indication that Gibraltar is open for business. The launch comes at a time when the cryptocurrency and token markets are reaching a new stage of maturity.”
Nick Cowan, GBX CEO

At the moment, pairs with BTC, ETH and RKT are available. RKT is a utility token compatible with ERC-20, and can be used to pay for trade fees; listing and sponsorship fees. In total, 300 specialists took part in this launching: all parts of the exchange were gone through the in the "Soft launch" mode.

Tags: #GBX #exchange #launch #fiat #crypto #trading
Who can be interested: new users

📌 New crypto-exchange “IIIBTC” will be launched soon

New Singapore cryptocurrency exchange will be formed by Chinese specialist (source)

The IIIBTC platform is currently focused on a wide group of investors, including investors from China: the official launch took place in Singapore; however, we see that this project can unite much more connections from different regions.

The final opening of the IIIBTC for all interested persons will come in September this year. Already, experts working on the launch said that the positive attitude of the region has contributed to the product's entrance to the market. The exchange has already been supported by many representatives of the local business network; the organizers themselves insist that they will observe the laws of the country.

Tags: #China #Singapore #blockchain #exchange #launch
Who can be interested: regional users/market researchers

📌 Other updates – new projects, tokens and more

Binance will list $HOT (Holo) tomorrow, on July 24, 2018. Holo is an ecosystem based on DHT (Decentralized Hash Table), which can be used for data exchange or apps creation. Based on Ethereum.
Cryptopia Exchange adds $PASS (Blockpass). Blockpass is an blockchain-based project with solutions for IoT (Internet of Things).

Know more interesting events/important updates? Please write a comment about it.

💱 Exchanges TOP

Binance $1.46B -> 16.20%
OKEx $1.02B -> 11.32%

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#ico #news #blockchain #crypto