Cryptocurrency week news - March 11, 2018

in #cryptocurrency • 7 years ago

cryptocurrency market

📉 The market of crypto currency has again fallen into a fall. Bitcoin lost 17.6% of his course in a week, pulling almost all altcoyins.

😡 Crypto-currency, the culprit of the "spring sale", can be called the suspension of the withdrawal of deposits by the Binance exchange. Hackers were able to get into their hands the management of user deposits through the hacking API platform and used this for pampa coins VIA. Although the funds of traders have not gone anywhere, information about the problems of the popular exchange has hit the market noticeably, sending crypto-currencies to the red zone of the fall. It is noteworthy that this week our readers recognized Binance as the absolute winner of the "Battle of the CryptoBridge".

📱 In the field of ICO, too, the news was not without loud news: the owner of the largest mobile messenger of South Korea, KakaoTalk, creates a subsidiary structure whose goal will be to develop a block-platform for virtual money payments based on the company's existing services, with the subsequent release of the project to the ICO.

💸 Ripple is gaining popularity with Asian banks: last week it became known that 3 members of the Japanese banking consortium announced the development of the mobile application MoneyTap, which will allow the banks' customers to make instant internal payments through the Ripple block. The release is scheduled for autumn 2018.

🚫 China continued its battle "with windmills." While the Central Bank of the country recognizes that the introduction of crypto currency into payment services is inevitable and in the future they will replace paper money, Chinese officials see digital currencies as only a threat. On March 7, officials forced the social network WeChat to remove the account of the OKEx crypt exchange, as well as several other sites. By the end of the week, the story received an unexpected sequel: it became known that Bitfinex, Gate.io, BitMEX and Binance were being added to the site blocking list.

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