🗞 Daily Crypto News, February, 13th💰

• Norway’s Private City, Liberstad, Adopts Its Official Currency, City Coin ;
• Take Two: Ethereum Is Getting Ready for the Constantinople Hard Fork Redo ;
• Canada: Lawyers to Meet at Nova Scotia Supreme Court Over QuadrigaCX Representation ;
• Report Claims 85% of the Monero Network Dominated by ASIC Miners ;
• World’s 5th Largest Bank Aims to Debut Blockchain Payment Network in 202 ;
• 📑 Daily Crypto Calendar, February, 13th 💰
• STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Norway’s Private City, Liberstad, Adopts Its Official Currency, City Coin

Blockchain firm City Chain Labs has announced that its token, City Coin (CITY), will become the official currency of Norway's first private smart city, Liberstad. As the only medium of exchange within Liberstad, individuals will be able to use CITY to "pay for anything ranging from haircuts, a dozen local eggs or an artisan loaf of bread."

🗞 Take Two: Ethereum Is Getting Ready for the Constantinople Hard Fork Redo

If at first you don’t succeed, try try again.

Such are the words of wisdom that have been taken to heart by ethereum core developers ever since a vulnerability in the network’s code was discovered just 48 hours before the code was set to be deployed.

The network upgrade dubbed Constantinople would have introduced a series of backward-incompatible changes – also known as a hard fork – to the world’s second largest cryptocurrency by market capitalization. Yet the bug discovered led to a delay, followed by a plan to try once again in late February.

🗞 Canada: Lawyers to Meet at Nova Scotia Supreme Court Over QuadrigaCX Representation

Embattled Canadian cryptocurrency exchange QuadrigaCX has become the subject of a bidding war as lawyers meet to win creditor representation, Bloomberg reported on Feb. 12.

The hearing at the Nova Scotia Supreme Court on Feb. 14 will decide which law firms can lobby for compensation on behalf of clients of the exchange, which currently owes them around $260 million CAD ($196 million).

🗞 [Report Claims 85% of the Monero Network Dominated by ASIC Miners ](https://news.bitcoin.com/report-claims-85-of-the-monero-network-dominated-by-asic-miners/

)

Over the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols. Multiple cryptocurrency developers have attempted to brick ASIC miners, but with scant success. A perfect example is the privacy-centric digital currency Monero, a project that has tried to fork the software multiple times in order to gain ASIC resistance. Monero developers have once again failed in that respect as a recent analysis shows more than 85 percent of the Monero network is currently dominated by ASICs.

🗞 World’s 5th Largest Bank Aims to Debut Blockchain Payment Network in 2020

Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a press release published on Feb. 12.

The world’s fifth-largest bank is working on the project in partnership with United States content delivery network Akamai, with the aim to launch in H1 2020.

Dubbed the “Global Open Network,” the platform aims to utilize MUFG’s payment industry reach to cement its standing in the increasingly competitive blockchain payments market.

📑 Daily Crypto Calendar, February, 13th 💰

• Bitcoin (BTC)

Bitcoin Future Contract (XBT/G9) expires.

• HYCON (HYC)

AMA & Discussion of future directions with CEO of TEAM HYCON - 7:00pm KST (10:00 UST) - Level 5, 597 Gangnam-daero, Seocho-gu, Seoul.

• Reecore (REEX)

Android Wallet Release

• BitTorrent (BTT)

BTT/USDT, BTT/BTC, and BTT/ETH trading will be available from 17:00.

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

At the time of writting this article, we are currently testing the resistance line. Let's see if this time we will break it or not. If we are able to break it, we should see as result a bigger candle, lot of buyears are indeed waiting the break of that line to buy some positions.

Last Updates

• 🗞 Daily Crypto News, February, 12th💰
• 🗞 Daily Crypto News, February, 11th💰
• 🗞 Daily Crypto News, February, 10th💰
• 🗞 Daily Crypto News, February, 9th💰
• 🗞 Daily Crypto News, February, 8th💰
• 🗞 Daily Crypto News, February, 6th💰
• 🗞 Daily Crypto News, February, 5th💰
• 🗞 Daily Crypto News, February, 4th💰
• 🗞 Daily Crypto News, February, 2nd💰
• 🗞 Daily Crypto News, February, 1st💰

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