Weekly Crypto Report (22-28 July) | What Happened This Week in Crypto

Here you will know about the weekly crypto report of last week regarding bitcoin and other cryptocurrency events happened all around the world.

1 Bakkt Will Start Testing Tomorrow Full Trading Start in Q3 2019

One of the most awaiting events launches in the Crypto community is Bakkt (an exchange for Bitcoin futures contract provider). The wait will over tomorrow as Bakkt will start testing of the Bitcoin futures contract trading. Bakkt will provide physical Bitcoin futures contracts that are first of their kind and is approved by SEC

2 India Finally Decided to Ban Cryptocurrency?

Things are getting very hot in India right now about Bitcoin and cryptocurrencies. A government panel recommended banning cryptocurrencies in India reported in a post published on 22 July. The panel recommends imposing sanctions for any direct or indirect dealing in cryptocurrency assets. The report further added that the draft bill and recommendations are closely

3 Iran Announced to Legal Cryptocurrency Mining

Iran is officially announced to legal cryptocurrency mining within its borders. According to an official post, the Iranian government’s Chamber of Commerce, Industries, Mines and Agriculture, an economic body approved cryptocurrency mining on 21 July. The Iranian government is now looking to make a legal structure to regulate crypto mining. Abdolnaser Hemmati, Governor of Central  …

4 Justin Sun Postponed Warren Buffet Lunch Due to Medical Reason

Tron Foundation announced that the Warren Buffet charity lunch is postponed and will be rescheduled to a new date. According to the official tweet, Justin Sun who wins the charity dinner by placing the highest bid of $4.6 million, is unable to come to dinner due to kidney stones. 

5 Bitcoin Volume Sets a New Record in Venezuela because of 10,000,000% Inflation

Venezuela Traders sets a new record of Bitcoin trading volume in local national fiat currency bolivars. Data provided by Coin.Dance, that keeps tracks of trading activities of P2P exchanges LocalBicoins, Paxful and Bisq, confirmed the highest volume over the last seven days period. During the weekly period, users alone on LocalBitcoins generated a trading volume 

6 Refereum Coin Get Partnership with the Best Mobile Game PUBG

Crypto Gaming startup firm Refereum said they get a partnership with the best mobile game PUBG (PlayerUnknown’s BattleGrounds). The startup firm says that the native token Refereum (RFR) will be used as a reward for PUBG players. Refereum said that they are supplying RFR tokens to PUBG for the initial rewards. Dylan Jones, Refereum CEO

7 Politician Of Nigeria Calls To Regulate Cryptocurrency In Country

The Speaker of the House of Representatives Rt. Hon. Femi Gbajabiamila calls to regulate cryptocurrency in Nigeria reported on 23 July 2019. Gbajabiamila said that the country needs to develop the rules of legislation for digital assets in order to make sure that the country does not get left behind as every day cryptocurrencies getting  …

8 Binance Announced To Add Two New Assets For Margin Trading

Largest cryptocurrency exchange Binance announced to add ONT and ADA trading pairs on their margin trading platform, reported on 26 July 2019. According to the report, Binance added the new margin pairs for ADA and ONT assets as ONT/BTC, ONT/USDT, ADA/USDT, and ADA/BTC. What is Bitcoin Margin Trading? How to Start Margin Trading? Binance continuously

9 Brave Browser Enables BAT Tokens Withdrawals In The New Version

The Blockchain-based Internet browser startup Brave browser launched the new version of their Brave browser software with a special feature that enables users to withdraw their BAT tokens from the browser wallet, reported on 24 July 2019. According to the report, users need to verify their identity in order to withdraw the BAT tokens 

10 Lightning Node Monitoring Tool Alpha Version Launched By Lightning Labs

Lightning Labs announced the release of an alpha version of the new node monitoring tool on the lightning network named as lndmon, reported on 24 July 2019. Lightning network is second layer blockchain protocol developed to provide high throughput for the transactions with zero transaction fees in order to make the cryptocurrencies scalable.