Crypto NEWS

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Developer Peter Ciladi confirmed the preliminary activation date for the Istanbul update on the Ethereum network: it will be held on December 4. He also said that the hard fork will begin with the extraction of block 9069000, and not 9056000, as mentioned earlier.

The Binance and Huobi exchanges topped the list of trading floors in terms of the volume of bitcoin transactions between them. From Huobi to Binance in 2019, 48,000 transactions were completed at 259,000 BTC, while from Binance to Huobi, 137,000 BTC were sent for 44,000 transactions.

The Banking Supervisory Committee at the Bank for International Settlements in Basel, Switzerland, intends to calculate by 2022 the amount of capital necessary for financial institutions to work with risky assets, for example, cryptocurrencies.

The Vietnamese exchange VinDAX was attacked by hackers and lost $ 500,000. After this hack, the total damage to crypto exchanges from hackers reached $ 105 million. This is the seventh hack this year.

Former Chairman of the People’s Bank of China Zhou Xiaochuan is confident that Facebook’s cryptocurrency project Libra will benefit from regulatory control, as an unregulated financial product will not cause mass trust and acceptance in society.

Yang Zuoxing, CEO of MicroBT, the manufacturer of WhatsMiner bitcoin miners, has been arrested in China. Zuoxing previously worked for mining giant Bitmain. Perhaps he was detained on charges of violating the intellectual property law that Bitmain had put forward to him.

The United States Derivatives Exchange Commission (CFTC) licensed another swap crypto platform for institutional investors. The organizer of the exchange is the Tassat startup, which first of all intends to launch marginal supply bitcoin swaps.

Tether responded to a recently published study by professors John Griffin and Amin Shams, in which they accused Tether and Bitfinex of market manipulation during the Bitcoin rally in 2017. Tether criticized the research methodology of scientists and accused of misunderstanding the cryptocurrency market.

On Venezuelan television, there was a news story about President Nicolas Maduro visiting a technology exhibition in which he appeared with a Trezor hardware cryptocurrency wallet in his hands.