DAILY CRYPTO NEWS AND TOP CRYPTO EVENTS for 27th AUG

in #cryptocurrency6 years ago (edited)

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Top Crypto Events Planned for Tomorrow

1 -Substratum (SUB): Product 3 Announcement

August 28th we are gonna knock your socks off with #product3 announcement.
Source

2 - Unibright (UBT): Cryptopia Listing

we now established a listing on cryptopia.
UBT will be listed on cryptopia on Tuesday, August 28, 3 pm NZST.

Trading pairs will be UBT<>BTC, UBT<>LTC and UBT<>DODGE.
Socurce

3 - Vexanium (VEX): Indodax Listing

VEX will be available for trading on Indodax, Tuesday, 28th August 2018 15.00 GMT+7 and deposit on 12.00 GMT+7.
Source

Some World Crypto News

1- The U.S.’s second-largest bank, Bank of America (BofA), has applied for another blockchain patent on the development of a secure crypto storage system, according to a patent document published by the U.S. Patent and Trademarks Office (USPTO) August 23.

A system that includes a device with a processor is configured to receive a first set of data elements and to obtain an encryption key from a memory. The processor is further configured to encrypt the first set of data elements using the encryption key, to embed the first set of encrypted data elements within a first block for the block chain, and to generate a first encrypted element map identifying the locations of the first set of encrypted data elements within the first block. The processor is further configured to combine the encryption key with the first encrypted element map to generate a creator tag, to encrypt the creator tag, to embed the creator tag within the first block, and to publish the first block to a blockchain.

Source

2 - Russian Ministry of Internal Affairs Planning to Criminalize illegal crypto activities. It is a good and bad news at the same time. All the unauthorised transaction would be taken as illegal.

The Russian publication collected several documents about the local legislation on cryptocurrencies. Of these, the primary amendment calls for legalizing open-source cryptocurrencies, such as Bitcoin and Ethereum, and authorizing businesses that deal with such digital assets.
The ministry ascertains that companies and individuals dealing with crypto assets must obtain a “mandatory registration with state authorities” and conduct due diligence on tax regulations.

Source

3 - China’s central bank has provided insight into fraudulent blockchain schemes and how to avoid falling prey to them. It also asked retail investors to report criminal clues to relevant departments.

On Friday, August 24, the People’s Bank of China, along with four other regulators, warned about illegal fundraising, pyramid schemes, and frauds prevalent under the banners of ‘blockchain’ and ‘financial innovation’ in the virtual assets space.The regulators have outlined three different features of such fraudulent fundraising schemes.

Source

Todays Top Gainer and Loser for Today

Top 10 Gainer (last 24 hour)

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Top 10 Loser (last 24 hour)

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Thank you for reading it.

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Really great news my friend.
I guess crypto is going to the Moon in few months

Thanks a ton for your appreciation & comment friend.
Yeah, I believe so, Bull rally is coming.

Nice roundup, thanks for sharing! Saves me so much time!

Good News about the cryptocurreny bro...

Great news! Thanks for sharing thanks for wrapping up the summary.

Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
BTCBitcoin6934.045$-2.16%7.54%
ETHEthereum279.276$-5.21%1.98%
LTCLitecoin60.162$-3.85%8.12%
SUBSubstratum0.147$-17.21%17.54%