Crypto Daily News: Microsoft Runs Ethereum Tech that Gets Rid of Mining and OKEx Bitcoin Futures Trouble

In today’s edition of Crypto Daily News, we’ll cover Microsoft’s latest tech that runs on the Ethereum network and OKEx’s troubles launching its Bitcoin (BTC) futures. Crypto Daily News: August 8th, 2018 Microsoft Uses Ethereum Yesterday, the software giant Microsoft made a huge announcement debuting its latest Blockchain as a Service (BaaS) product. The product allows businesses across industry verticals to deploy a ‘flexible’ instance of Ethereum that is tailored specifically for enterprise environments. The Ethereum Proof-of-Authority on Azure, Microsoft’s product, allows enterprises to build applications on Ethereum that are…

Korean Blockchain Association Asks State for Crypto and Blockchain Adoption

Last month, the Korea Blockchain Enterprise Promotion Association was established. While the association is still relatively new, it’s already making major moves. This week, the association called for not only Korean crypto regulation but Korean blockchain regulation as well. Here’s what we know. Korean Crypto Regulation and Korean Blockchain Regulation On August 8th, the Korea Joongang Daily reported that the Korea Blockchain Enterprise Promotion Association called on the government on Tuesday, asking it to adopt crypto and blockchain. Why? According to the report, the blockchain-based association has asked the government to regulate…

Bitcoin (BTC) Falls Close to $6,500 After SEC ETF Delay

The latest Bitcoin news is that Bitcoin (BTC) has taken a major hit this week and has dragged the rest of the cryptocurrency market down with it. At press time, the total cryptocurrency market is sitting at just above $225 billion, which is $75 billion lower than what it was just two weeks ago. Within the last 24 hours, the crypto market has dropped almost $20 billion. Bitcoin News: Bitcoin (BTC) Struggles According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,509.67, down -8.50% in 24 hours. For the week,…

Opera Launching A Built-In Crypto Wallet For Its Desktop Web Browser

The Opera web browser will soon have a built-in crypto wallet for its desktop application. The new feature will be considered safer and efficient for Opera users as it allows them to store and use cryptos directly in the browser rather than have to install extensions or applications. The Opera Web Browser Crypto Wallet Opera already has a ‘test’ mobile crypto wallet which launched in July of this year as apart of the beta version of Opera for Android. And this mobile-wallet will be essential to the running of the desktop wallet.…

EOS and Stellar (XLM) Progress—One Step at a Time

Most of the cryptocurrency market is in the red today, as Bitcoin (BTC) has just fallen below the $7,000 mark. But today, we’re focusing on EOS and Stellar (XLM), and their latest project updates and price. EOS The first EOS Global Hackathon took place in Hong Kong back in mid-June. There was a total of 80 teams that participated in the event from around the world, and $144,000 USD was awarded. The second EOS Hackathon took place in Sydney, Australia over this weekend. The moment you’ve been waiting for –…