Cryptocurrencies, led by Bitcoin, started the week with losses across the board after rebound at the end of last week.
Overall cryptocurrency market capitalization was $219.52 billion and the Bitcoin dominance rate was 52.1 percent as of 10.57 am ET on CoinMarketCap.
Here is a wrap of the main news from the cryptocurrency and blockchain space over the past few hours.
Australian Regulator Acts Against Misleading ICOs, Crypto-asset Funds
Australia’s financial regulator has taken action against the promoters of deceptive and misleading initial coin offerings (ICOs) and crypto-asset funds which are targeting Australian retail investors. The Australian Securities and Investments Commission (ASIC) said it has stopped several proposed ICOs or token-generation events as well as issue of a Product Disclosure Statement (PDS) for a crypto-asset managed investment scheme.
Crypto Trader Poloniex To Delist Eight Assets
US-based crypto currency exchange Poloniex is delisting eight assets on September 25. The digital currencies that will be excluded from the platform’s offerings are bitcoindark (BTCD), bitmark (BTM), einsteinium (EMC2), gridcoin (GRC), neoscoin (NEOS), potcoin (POT), vericoin (VRC), and bitcoin plus (XBC).
Dutch Firm Gemalto Deploys Digital ID App On R3’s Corda Blockchain Platform
Dutch digital security firm Gemalto has piloted its digital ID application called Trust ID Network by deploying it on the latest version of blockchain consortium R3’s Corda enterprise blockchain platform. The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured Digital ID.
S&P Global Platts’ Innovation Lab In Singapore To Focus On Blockchain
S&P Global Platts, a division of essential intelligence provider S&P Global, announced that it has invested to create a full-time innovation lab in Singapore to focus on key market themes including blockchain and real-time analytics. The firm also announced that it is working with Enterprise Singapore to bring the power of innovative technologies, including blockchain, to Singapore’s thriving commodities sector.
Italian Soccer Club Inks Multi-year Blockchain Deal With Socios.com
Italian soccer club Juventus entered into a multi-year strategic global partnership with blockchain platform Socios.com to launch the “Juventus Official Fan Token” for its global fan base. The move follows a similar deal signed last week between French soccer club Paris Saint-Germain (PSG) and Socios.com, and also to be the “Official Branded Cryptocurrency Partner” of the club.
As of 10.58 am ET, Bitcoin was down 1.27 percent at $6,606.97 and Ethereum was lower by 3.3 percent at $233.49 on Coinbase.
by Jyotsna V
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