Top Coins Today | Tezos and DigixDAO Lead the Pack

According to coinmarketcap.com, there are two top coins today. In the top 100, leading the pack and standing out for their double-digit gains are Tezos and DigixDAO. In 24 hours, both coins have increased almost 17%. So what’s going on with these two? Top Coins: Tezos and DigixDAO This morning, Tezos began listing on European exchange Kraken. The news has seen the coin increase nearly 17% in the 24-hour period. That is some gain. The 18th largest coin by market cap, Tezos (XTZ), began trading at 11:00 ET. To allay…

Coinbase Now Lets You Buy and Sell Ethereum Token 0x

Barely a week after adding support for the 0x Protocol token (ZRX) on its professional investor platform, crypto exchange Coinbase is enabling full trading for retail investors. The exchange announced Tuesday that coinbase.com, Android and iOS app users would be able to trade, buy, sell or store ZRX, after initially announcing that Coinbase Pro would support the token on October 11. ZRX is the first ERC-20 token to be listed by the exchange. At the time, the exchange said it would list the token on retail platforms at a later…

Tether Market Cap Sinks to $2.2 Billion as $250 Million Exits Circulation

The loss of its U.S. dollar peg isn’t the only thing driving down the market cap of tether (USDT), the cryptocurrency market’s largest “stablecoin.” Tether Falls Below Dollar Parity The USD-backed token, which as recently as late August had a circulating valuation of nearly $2.9 billion, is now worth just $2.2 billion, representing a two-month decline of nearly 25 percent. A portion of that decline is a direct result of USDT’s price falling below the $1.00 in assets that are supposedly backing each token. As CCN reported, the USDT/USD peg…

Abu Dhabi, Belgium Ports Collaborate on Blockchain Trade Pilot

A subsidiary of Abu Dhabi Ports has partnered with Belgium’s Port of Antwerp for a blockchain pilot aimed to facilitate international trade. The proof-of-concept (PoC) trial will be conducted by Maqta Gateway using its own blockchain platform, Silsal, which was launched in June to address inefficiencies in the shipping industry and better connect importers and exporters. According to a press release, the trial is expected to help the companies handle trade documentation between the United Arab Emirates and Belgium, “providing full cargo visibility and streamlining trade flows and supply chains.” The pilot is…

Crypto Exchange Bitfinex Restarts Fiat Deposits Claiming ‘Improved’ Process

Cryptocurrency exchange Bitfinex has just announced a new process for depositing fiat currency after the platform halted the service in recent days. Announcing the news in a blog post Tuesday, the exchange said the “new, improved and increasingly resilient” deposit system would again allow users who have been verified for know-your-customer (KYC) compliance to top up their accounts with U.S. dollars, pounds Sterling, Japanese yen and euros. In a previous post on Oct. 5, Bifinex said “processing complications” had caused it to suspend fiat deposits for “certain customer accounts” and “user groups,”…

Kenyan Government to Use Blockchain to Distribute Affordable Housing

The Kenyan government plans to leverage blockchain technology for the distribution of new government-funded housing units, according to reports from local news outlet the Star. The Kenyan National Housing Fund will finance the initiative under the Finance Act 2018, and it plans to create an efficient allocation of the houses to those who need it using the distributed ledger technology. The State Housing and Urban Development Permanent Secretary Charles Hinga said the Fund expects to raise about Sh55 billion a year (around $545 million) to build “cheaper 500,000 housing units.”…

Baidu-TRON ‘Partnership’ Involves Cloud Computing Provision, Not Blockchain

The unconfirmed “partnership” between decentralized internet project TRON (TRX) and China‘s largest internet search provider Baidu will center on cloud computing resources, not blockchain, according to a report published by ODaily October 15. The report, as cited and translated by local crypto news source CNLedger, states that Baidu Cloud and TRON have closed a deal to cooperate in terms of “basic cloud business”; it claims that both parties will work to maximize intercompatibility and “to build, operate and debug blockchain products” based on Baidu Cloud. However, according to the report,…

Telegram to Debut ‘Test Version’ of Blockchain Platform TON ‘This Autumn,’ Say Investors

Encrypted messenger service Telegram will release a test version of its blockchain-based TON platform “this autumn,” Russian media outlet Vedomosti reports Tuesday, Oct. 16. Speaking to the publication, investors “confirmed” the authenticity of a circular sent to participants in TON’s Initial Coin Offering (ICO) at the start of September. In the circular, the company said that the platform’s blockchain component was currently under development, with “70 percent” of the product already finished, the publication claims. Once in operation, TON will also make use of its in-house cryptocurrency, Gram, and will…