Industry Watch 8 March, 2018

Nami | Daily Crypto News 08.03.2018

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Bloomberg: Crypto Marketplace Binance Says ‘All Funds Are Safe’ as Traders Panic

Binance, one of the biggest cryptocurrency marketplaces by volume, was trying to calm angry customers who claimed their digital coins were sold without their permission.“All funds are safe,” wrote Zhao Changpeng, chief executive officer of Asia-based Binance, in a tweet on Wednesday.

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Bloomberg: Bitcoin’s Tokyo Whale Sold $400 Million and He’s Not Done Yet

Nobuaki Kobayashi disclosed on Wednesday that he sold about $400 million of Bitcoin and Bitcoin Cash since late September.

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Coin Telegraph: Possible Hack Of Third-Party Tools Affects Binance Exchange Users

A possible third-party tool hack has sold off Binancer users’ Altcoins at market price.

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Bloomberg: Ripple Develops Blockchain Payments App With 61 Japanese Banks

Ripple is working with 61 Japanese banks on an application that will enable customers to settle cash transfers instantly around the clock, the latest effort to apply blockchain technology in finance. The mobile app will allow users to send funds to other bank accounts in the country, Ripple said in a statement Wednesday. Beta testing will start next month and three of the lenders — SBI Sumishin Net Bank Ltd., Suruga Bank Ltd. and Resona Bank Ltd. — aim to roll out the service to customers later this year.

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Bloomberg: Bitcoin Dives After SEC Says Crypto Platforms Must Be Registered

Bitcoin slumped back below $10,000 after the U.S. Securities and Exchange Commission reiterated that many online trading platforms for digital assets should register with the agency as exchanges.

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Coindesk: Fujitsu Touts New Tech to Detect Ethereum Smart Contract Bugs

Japanese IT giant Fujitsu has revealed a new technology that it says could help to mitigate problems with ethereum’s smart contracts.

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Bloomberg: Twitter Says It Is Implementing Measures to Prevent Crypto Scams

Twitter Inc. is attempting to halt alleged cryptocurrency-related scams spreading via its platform, joining fellow social media companies in striving to cut down on harmful content.

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Coin Telegraph: Telecom Giant Comcast Leads $3 Mln Seed Round For Blockchain Startup Blockdaemon

The telecommunications conglomerate Comcast has just led a VC seed round for Blockchain startup Blockdaemon, raising a total of over $3 mln.

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