Summary of the main crypto market news & stats to be well informed

4 min readAug 27, 2019

While you read the curious fact that the Bitcoin Realized Market Cap Hits $ 100 Billion for the First Time according to cointelegraph.com, we tell you other news from the cryptocurrency market that were highlighted in the last hours so that you are well informed.

The Bull market in Bitcoin’s Hashrate looks set to continue

ICONLOOP signs a strategic MOU with Korea Productivity Center

ICONLOOP has announced the signing of a strategic Memorandum of Understanding (MOU) with Korea Productivity Center (KPC), the first educational consulting firm in Korea, to build a blockchain-based industrial ecosystem as reported medium.com/@ICONLOOP1.

This MOU aims to increase of customer value of Korea Productivity Center through blockchain technologies and services of ICONLOOP.

Buenos Aires set to have blockchain-based ID system for inclusion project

A group of three organizations has joined hands for developing a blockchain-based digital identity (ID) system in Buenos Aires, the capital city of Argentina, for an inclusion project as reported theblockcrypto.com.

The group, consisting of tech firm NEC Argentina, NGO Bitcoin Argentina, and IDB Lab (a division of the Inter-American Development Bank Group), have signed an agreement to develop the blockchain system, aimed at improving access to “quality goods and services” for inhabitants of Buenos Aires.

Telegram’s 300 Million Users Could Soon Be Trading Bitcoin And Crypto

According to forbes.com crypto trading is coming to Telegram, a messaging app which boasts more than 300 million users around the world, via bitcoin and cryptocurrency wallet provider Button Wallet.

Any Telegram user can activate Button’s Telegram Open Network wallet and receive the 6.6 testnet grams on the account. Button Wallet supports bitcoin, ethereum, and litecoin, amongst others, says forbes.com.

Australian Securities Exchange Plans to Introduce Blockchain-Based Clearing and Settlement System in 2021

Australian Securities Exchange (ASX), the leading exchange in Australia, has signed a memorandum of understanding with Digital Asset and cloud computing powerhouse VMWare to work on distributed ledger technology (DLT) initatives, according to a press release issued and coincodex.com.

ASX plans to use blockchain in the system that will replace its current clearing and settlement system called CHESS.

Swiss Regulator Licenses Two New Blockchain Companies as It Shores up Legal Requirements

Swiss financial authority FINMA offered guidance this week on anti-money laundering (AML) requirements for blockchain-based companies even as it granted broker-dealer licenses to two new blockchain companies as says coindesk.com.

FINMA considers AML to be “technology-neutral” and expects all payments, including blockchain transactions, to follow the requirements.

Litecoin hash rate since the halvening has dropped 40%

Arrington XRP Backs Fund’s $200 Million Raise for Algorand Blockchain

Algo Capital, an investment firm exclusively focusing on the Algorand blockchain ecosystem founded by the MIT professor Silvio Micali, has raised $200 million for a new fund dubbed Algo VC Fund as reported coindesk.com.

The company said in an announcement on Tuesday that those who committed include investors like NEO blockchain’s NGC Ventures, TechCrunch founder’s Arrington XRP Capital and tzero investor 11–11 Ventures, among others.

Ethereum Foundation grants over $2M to Eth2.0 client developers and researchers

The Ethereum Foundation has unveiled a new round of funding for the development of Serenity or ETH2.0, which will bring Proof-of-Stake, sharding, and other scaling solutions to Ethereum as related theblockcrypto.com and the blog post. The grant recipients are as follows:

Disclaimer: In no way does this article recommend the purchase of any assets, this is a personal opinion of the author. Investment in cryptocurrency is extremely risky and volatile. Also, if you are an investor, always do your own research before investing in anything!

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