- Blockchain Startup DappRadar Raises $2.33M From Naspers, Blockchain.com ;
- Ethereum’s Istanbul Hard Fork Implementation Delayed to Early October ;
- The State of Security Token Regulations in Asia ;
- Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own ;
- How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business ;
- 📑 Daily Crypto Calendar, September, 7th💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
Lithuanian blockchain startup DappRadar, a platform for discovering and analyzing blockchain-based decentralized applications (DApps), announced it raised $2.33 million in seed funding.
$2.33 million to expand services
On Sept. 5, DappRadar announced the closing of a $2.33 million seeding round, which was led by Naspers, a South African-based global internet and media group. Blockchain.com Ventures, a venture capital fund and subsidiary of Blockchain.com, and Angel Invest Berlin were also among the participants.
Ethereum’s testnet activation of the Istanbul hard fork has been pushed back to early October, according to the community manager of the Ethereum Foundation, Hudson Jameson.
According to CoinDesk on Sept. 6, Jameson said on a developers’ call that the testnet launch of the hard fork is now scheduled to take place in the beginning of October.
“For anyone listening in who doesn’t know how this works, we pick a block number that we estimate to be around the 2nd of October. […] However, that might be one or two days behind or forward from that date based on how fast blocks are produced between now and then.”
Since the cryptocurrency boom and initial coin offering craze of 2017, many countries in Asia have taken steps to clarify their regulations surrounding cryptocurrencies and security tokens.
In this article, we focus on the three countries that have the clearest regulations in place regarding digital assets, though there is still more work to be done.
Click on this link to see updated regulations in Thailand, Hong-Kong and Singapore
Chairman of the United States Federal Reserve Jerome Powell said that the United States Federal Reserve is monitoring digital currencies carefully, but not working on its own at the moment.
Speaking at a forum in Zurich, Switzerland, on Sept. 6, Powell addressed the issue of cryptocurrencies, arguing that central banks would likely will not release their own digital currency in the near future.
Powell added that cryptocurrencies raise a range of concerns including cyber security issues:
“If you think about one currency that was for the United States, it would really need to be cyber secure because it’s one thing to be able to counterfeit paper currency, it’s another thing to hack into a cyber currency and create, with a computer, however much of it you want.”
Crypto lending startup Celsius raised $50 million in a token sale in 2018.
Lending volume has surged since then, with 10,415 Celsius users taking out fiat loans after locking in crypto collateral.
BitGo confirmed to CoinDesk that it held $1 billion worth of crypto deposits from Celsius over the past year.
CEL tokens are trading for roughly the same price today as they were last autumn, shortly after the token sale.
So far, Celsius says it has not been contacted by any regulatory body with concerns about CEL tokens.
📑 Daily Crypto Calendar, September, 7th💰
The announcement for Vexanium Dapps Competition 2019 winner!
“Deep reorg protection is coming. Testnet until end of August 2019. Mainnet September 6th 2019.”
“The event will be the first of the EXANTE series on DeFi, decentralized finance.”
Shanghai Blockchain Technological Innovation Summit from 9:00 – 17:00.
“Xensor will be listed in IDAX exchange on September 6th, 2019”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yersterday :
Here is the current chart :
Till now and also due to the BTC correction, the UP that we had yesterday is becoming a simple PUMP and DUMP. We almost lost all the UP of yesterday so yeah, just consider it as a false signal. I traced for you the low on the STEEM around 0.155$. It is really possible that we go touch it quiet soon. Let’s see if we will have a bounce on that level.
- 🗞 Daily Crypto News, September, 6th 💰
- 🗞 Daily Crypto News, September, 5th 💰
- 🗞 Daily Crypto News, August, 26th 💰