The People’s Bank of China (PBOC) has issued a statement detailing its efforts to stop and prevent crypto and initial coin offering activities in the country. The bank outlines measures against the widespread of overseas exchanges servicing domestic users such as blocking trading platforms and closing down 3,000 trading accounts. More here!

Something you need to know about Cardano (ADA)

Cardano is a platform for maintaining the operations of Ada cryptocurrency. The platform is multilayered and gives the system the elasticity to be easily maintained and upgraded with a soft fork. Cardano uses a Proof-of-Stake system, reducing the amount of electricity requirements and improving its scalability. The second feature of Cardano is its Recursive InterNetwork Architecture that allows for the existence of a subnetwork within a main network, which also makes it easier for a network to grow. Cardano aims to become an “Internet of Blockchain,” making it possible for all cryptocurrencies to exist side by side and be converted from one to another without intermediaries. Cardano will also allow users to attach metadata to their transactions if they want to, making the network friendlier to banks and governments.

Right now there are countless of cryptocurrencies that you can buy. However, there is one coin, the Cardano ADA cryptocurrency that deserves your attention more. Also called the Ethereum of Japan, ADA coin is one of the most undervalued top 10 cryptocurrencies in CoinMarketCap where it is currently ranked 10th place.

Cardano (ADA) Price

Well, as I'm writing this up, Cardano's ADA is off by 1.25% and it's trading at $0.067350 with market capitalization of over US$1.7 billion today as it stands. Is it the best time to buy ADA? Let's know your thoughts via reply below.


 

For well over a year now the Bitcoin Cash (BCH) protocol has shown quite a bit of capability as far as on-chain scaling is concerned. The creator of Bitcoin knew that the technology had to expand in scale quite vastly in order to accept the magnitude of global commerce and businesses on the blockchain. In the early days, Satoshi told people that the technology would follow alongside Moore’s Law with high-performance computing, and the past year has shown the BCH chain can scale to fulfill the needs of the global economy. See for yourself here.

A Canadian regulated bitcoin trust has achieved the mutual fund trust status, allowing eligible investors to invest in the trust through government-sponsored tax-efficient investment plans. The investment is approved by the Ontario Securities Commission and the British Columbia Securities Commission. More!

Bank frauds in India have opened a can of worms this year, leaving the public questioning concepts such as board, governance, public sector, bankruptcy, and investor transparency with anxiety and anger. As a former RBI Governor raises more questions with the Prime Minister’s Office, it’s time to bring crypto finance to the debate. More!

The supreme court (India) will begin the final hearings in the case between virtual money exchanges and the Reserve Bank of India (RBI). At the end of the arguments, it will be known if the exchanges will get any reprieve from the banking regulator’s crackdown. More!

South Koreans undoubtedly have some respectable crypto experience and others have taken note. Uzbekistan, which recently legalized the trading of digital assets, has turned to South Korean experts for help in realizing a project to create the country’s first cryptocurrency exchange. Belarus, a leading crypto-friendly destination in the post-Soviet space, is trying to lure fintech investors from Seoul. More!

Kaunting Kaalaman Patungkol sa Waves

Ang Waves (WAVES) ay isang Blockchain platform na binuo upang mabigyan ang mga gumagamit ng pagkakataon na lumikha ng kanilang sariling bagong custom na token. Ang mga token na ito ay maaaring gamitin para sa mga programa ng katapatan, paglikha ng in-app na pera, at para sa pagtatatag ng ICO.

Ang Waves (WAVES) ay nagdaragdag ng mga bagong mga token o mga uri ng transaksyon bilang mga plug-in sa ibabaw ng core software. Ang feature na ito ay hindi kinakailangan para sa isang user na i-update ang kanyang software sa bawat oras na ang isang bagong token ay idinagdag sa Blockchain. Ang bagong token ay maaaring traded sa Waves desentralisado exchange. Ang DEX ay binabawasan ng maraming mga panganib: halimbawa, ang iyong mga pondo ay direktang nakaimbak sa iyong wallet, kaya walang point sa pag-hack ng DEX, at walang sentral na pangangasiwa na may kakayahang i-freeze ang iyong account o sa iyong mga trades. Ang bawat token na binuo sa Waves ay maaaring palitan 'in pairs' sa anumang o iba pang mga Waves token. Sinabi ng koponan ng Waves na ang Waves ay magiging pinakamabilis na Blockchain sa mundo.

Presyo ng Waves (WAVES)

Sa oras ng pag-sulat, ang Waves (WAVES) ay bumaba ng 0.39% sa presyong $1.91 sa nakalipas na 24 oras. Ang market capitalization na WAVES ngayon ay mahigit sa $190.6 milyonn ayon sa CoinMarketCap Price Index.