🗞 Daily Crypto News, November, 27th💰

Ethereum’s Buterin: Misapplication of Blockchain Tech Leads to ‘Wasted Time’ ;
US SEC Chairman Clayton Keeps Quiet on ICO, ETF Regulation Updates ;
Philippine Crypto Valley to Attract Companies From Japan, Korea and Australia ;
Arcade Distillery Bringing Blockchain Technology To PlayStation ;
Employees Say Startup Civil Hyped Crypto Returns, But Failed to Pay ;
📑 Daily Crypto Calendar, November, 27th💰
STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Ethereum’s Buterin: Misapplication of Blockchain Tech Leads to ‘Wasted Time’

Ethereum cofounder Vitalik Buterin said that the misapplication of blockchain technology in some industries leads to “wasted time” in an interview with business news outlet Quartz published Nov. 26.

Speaking at the Devcon4 blockchain conference, the Ethereum cofounder said that although there are a number of companies that try to establish higher standards by using blockchain technology, he does not think the technology is applicable in every industry:

“Sometimes it is for marketing hype. Sometimes it is just people who are genuinely excited about blockchains and want the thing they are personally excited about and their job to align more with each other, which is a totally legitimate, human thing to want to do.”

🗞 US SEC Chairman Clayton Keeps Quiet on ICO, ETF Regulation Updates

The chairman of the U.S. Securities and Exchange Commission (SEC) Jay Clayton reiterated the regulator’s strict stance on Initial Coin Offering (ICO) compliance in fresh comments to CNBC Nov. 26.

Speaking in an interview with CNBC, during which presenters mentioned the recent enforcement deals with ICOs Paragon and Airfox, Clayton underlined the need to conduct public token sales with U.S. consumers in line with SEC guidelines.

🗞 Philippine Crypto Valley to Attract Companies From Japan, Korea and Australia

The Philippine government-owned Cagayan Economic Zone Authority has unveiled a plan to attract Japanese, Korean and Australian companies to its “Crypto Valley of Asia.” The authority is also cracking down on crypto companies operating within its economic zone without a license.

🗞 Arcade Distillery Bringing Blockchain Technology To PlayStation

A new video game utilizing blockchain technology is coming to the PlayStation 4 console.

Video game development is one of the most interesting use cases for blockchain technology. Games such as CryptoKitties, 0xUniverse, and Gods Unchained have demonstrated that blockchain technology is able to handle some types of video games. These games have also shown that gamers like to have true ownership of their digital assets.

Although CryptoKitties and Gods Unchained are consistently the most trafficked games on Ethereum, according to DappRadar, many gamers who prefer console games over those played on a PC may not even know they exist. Additionally, console gamers may even be unaware of the benefits blockchain technology can bring and how the technology could enhance their experience.

🗞 Employees Say Startup Civil Hyped Crypto Returns, But Failed to Pay

Civil was supposed to create a more transparent and democratic model for journalism. But so far, journalists working on its platform have yet to receive all of the compensation they say they were promised when hired.

According to several current and former employees of news organizations sponsored by the blockchain startup, Civil told journalists in its 18 newsrooms around the U.S. that the CVL cryptocurrency – which, when issued, was supposed to comprise part of their pay – would probably end up being worth several times more than the estimated valuations mentioned in meetings and reported in tax forms.

Yet lackluster demand caused Civil to cancel a public sale of the tokens last month. Now, the reporters have no idea if or when they’ll be paid the tokens that were supposed to be part of their compensation.

📑 Daily Crypto Calendar, November, 27th💰

Lisk (LSK)

The Lisk team is coming to Amsterdam! They'll bring the community together in Amsterdam to discuss the latest news and updates.

SunContract (SNC)

"This tour event is very important to SunContract as it will help to increase exposure. You can join us. European Blockchain HUB."

Experty (EXY)

Exptery will be listed on BITBAY in pairs to EUR, PLN, BTC.

Crypto.com (MCO)

Crypto.com will sponsor and attend Consensus: Invest 2018 held at the New York Marriott Marquis.

Electrum Dark (ELD)

"We (the Electrum Dark team) have decided to make airdrop event to grow eldfam , we want up to 5000 new members,."

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9VHisSZat8ZT5rsVQmS4S6PiTdinSs8itm11UCtczj9pG5vSpaTYoDFBC2JeK8gpyFr57pwRiEwhJ14?format=match&mode=fit

Here is the current chart :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9UUCAtwutuZsawsUZbzeTgcRop5qnJhthn1NvDjFaYU7rSJTaybMxJR1EWkxTjGJj6s528xg1dZ2xxE?format=match&mode=fit

As expected, the resistance line on the BTC has not been broken and so the drop came back immediately. The direct effect on the STEEM and other cryptos is the coming back of the seller. We are currently exactly on the previous low and the market is trying to break it. if it breaks, we will have a new acceleration in the drop... yeah again...

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sophiedaniels (36) 6 years ago

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vlemon (78) 6 years ago

Let’s hope you are right.

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