Blockchain Market Update – February 27, 2019

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February 27, 2019 by
Blockchain Market Update – February 27, 2019

Fetch.AIToken sale done on Binance Launchpad platform raised $6M with sale of over 69M FET tokens. Changpeng Zhao notes that 24,000 people pre-signed User Agreement, 19,860 people successfully submitted buy order, and 2758 got a piece; all within 22 seconds—Project Development

Julius Baer125-year-old Swiss bank partners with crypto banking startup Seba Crypto AG and enters crypto market. Bank notes it was responding to increased demand from customers to store, trade, and invest in crypto assets—Financial Institution

CoinbasePurchased small startup called Neutrino, whose founders were part of controversial Italian surveillance vendor caught several times selling spyware to gov’ts. Despite the controversial past, Coinbase remarks that their technology is best they have encountered—Other

BahrainCentral Bank of Bahrain releases first crypto exchange to graduate its regulatory sandbox. Crypto exchange Rain has been found by the Central Bank to provide brokerage service, sales, purchases, and custody services to be compliant with Shariah principles. The Shariah certification currently applies to BTC, ETH, and LTC—Regulation

SoFiOnline loan platform to offer crypto trading through their partnership with Coinbase, to start Q2 2019. SoFi did not specify which cryptos would be available for purchase—Project Development

RussiaIn amendment to AML decree issued July 2015, now includes illicit use of cryptocurrency in list of criminal offenses, as there are overwhelming cases in Russian legal practice where drug dealers convert crypto into fiat—Regulation

ElectroneumDigital payments firm releases smartphone capable of mining crypto. The new device, named M1, incorporates Electroneum’s cloud mining technology, which enables users to mine ETN in return for using the smartphone—Project Development

VaktBlockchain-based post-trade platform for oil signs up 4 new clients prior to its official launch. The platform now hosts major industry players including BP, Shell, Total, Gunvor, Mercuria, Chevron, Equinor and Reliance Industries. The new contracts mean Vakt will be used in about two-thirds of all oil deals in the North Sea region—Project Development

“B2B reporter – Content Manager – Contributor – Fintech – Blockchain – Cryptocurrency”

Simon Chou is a B2B reporter and content manager specializing in technology and finance. He has worked with many clients in the fintech and blockchain space. He holds investment positions in bitcoin and other large-cap cryptocurrencies, and has been reporting on cryptocurrency since 2017. Currently, Simon is the content manager for a major cryptocurrency exchange @HybridBlockHQ.

Name Price
Bitcoin (BTC)
Ethereum (ETH)
Bitcoin Cash (BCH)
Litecoin (LTC)
Cardano (ADA)
Dash (DASH)
Monero (XMR)
Stellar (XLM)
Bitcoin Gold (BTG)
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