Cryptocurrency Day in a One Sentence: August 13, 2018
A Singapore based firm Golden Gates Ventures establishing $10 million foundation called LuneX Ventures for investment in blockchain and cryptocurrency startups.
***
Facebook continues to raise rumors when David Marcus, head of a fresh department within Facebook, with a view of seeing how blockchain could be implemented at the company, steps down from the Coinbase board.
***
On August 10, 2018, Tron (TRX) Foundation announced that they had completed the acquisition of domain name Blockchain.org.
***
Top 3 trending ICOs on ICO Alert are Cure World Cosplay, Wono, and Kinesis.
***
Coinbase considering hosting a further forty coins.
***
The Swiss bank Maerki Baumann will begin to accept funds from activities related to cryptocurrencies.
***
Saudi Arabia’s SAMA (Saudi Arabian Monetary Authority) says trading digital currencies is illegal in the country as it is no recognized by the government and no entities are licensed to deal with them.
***
Ethereum ETH falls under $300 that is the lowest point in a 9 month because of its platform is used for many startups that are experiencing “pressure from ICOs cashing out”, but at the same time, Bitcoin BTC has minor losses.
