Industry Watch 25 February, 2018

Nami | Daily Crypto News 25.02.2018

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Korean Times: KISA vows to boost blockchain industry

The state-run Korea Internet and Security Agency (KISA) has vowed to boost industry related to blockchain technology as part of efforts to find growth engines in the Fourth Industrial Revolution.

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Coin Telegraph: Coinbase, GDAX Exchange Platforms Introduce Full SegWit Support

Coinbase and its professional trading platform GDAX both now supports SegWit scaling upgrade for transactions on the Bitcoin network.

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Coin Telegraph: German Research Institute To Use Blockchain For Radio-Frequency ID Sensor Systems

The Fraunhofer Institute for Photonic Microsystems (IPMS), based in Dresden, Germany, intends to use Blockchain concepts for the development of wireless radio-frequency identification (RFID) sensor systems in the logistics sector, according to a Feb. 22 press release.

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Coindesk: Will Lightning Help or Hurt Bitcoin Privacy?

As the reality of faster, cheaper bitcoin payments approaches via the Lighting Network, concerns are spreading about the privacy it will offer.

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Coin Telegraph: Austrian Finance Minister Considers Pan-EU Crypto Regulation Based On Rules For Gold

Austria’s Finance Minister Hartwig Löger is considering basing cryptocurrency regulations on the trading rules already in place for gold and derivatives as a way to prevent crypto from being used in money laundering.

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Fortune: Chinese Bitcoin Mining Firm Bitmain Made $3 to $4 Billion in Profits Last Year, Says Analyst

Bitmain, a privately held Chinese firm that manufactures Bitcoin mining hardware and runs its own mining operations, made $3 billion to $4 billion in profits in 2017, according to estimates by Bernstein Research released this week.

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Coin Telegraph: Bank Of China Files Patent For New Blockchain Scaling Solution

The commercial, state-run Bank of China, not to be confused with the People’s Bank of China, the country’s central bank, has filed a patent with the Chinese State Intellectual Property Office (SIPO) for a solution to scale Blockchain technology systems.

Forbes: Investigations Pick Up As Cryptocurrency Worries Permeate SEC

Cryptocurrency worries are permeating the Securities and Exchange Commission. The SEC’s Enforcement Division already has many cryptocurrency investigations going on, says Enforcement Co-Director Stephanie Avakian.

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