ViaBTC stops trading

Another Chinese cryptocurrency stops trading; Bitcoin continues to fall
15 September 2017   615

Crypto-currency exchange ViaBTC announced the termination of work since September 30, 2017. This decision was made in the light of the statement of the People's Bank of China on the ban on the ICO and against the backdrop of numerous rumors that the activities of the exchanges will also be prohibited.

The mining pool and the cloud-mining service, as assured by the company, will continue to work.

The official statement of ViaBTC says that the site will be closed on September 30 in the territory of mainland China. Over the next two weeks, the exchange intends to complete the process of withdrawing funds to user addresses.

Trading operations, registration of new users and acceptance of deposits will be stopped as early as September 25, and on the last day of the month the site will be completely closed.

As noted in the message, since the opening of the exchange in June 2017, its customers have become more than 100k people worldwide.

Bitcoin chart

With all this China related news, Bitcoin continues its rapid fall. Lost almost 20% in 24 hours.

Top cryptocurrencies
Top cryptocurrencies

As you can see on the chart above, Bitcoin average price is $3118.27. Also, all top ten cryptocoins continues their fall too. Ethereum lost almost 20% too ($218.88); Litecoin lost more almost 30% ($42.32)!

Genesis Conference to be Held in London

Genesis Conference will cover research and development, regulation, economics and applications issues, taking place in London on February 22
22 February 2018   73

Genesis London Conference will take place on February 22, tackling the most pertinent issues in blockchain space: research and development, regulation, economics and applications.

Genesis London is a platform for researchers, developers and generally anyone interested in blockchain, and its priority is to share knowledge, facilitate productive discourse and filter out the hype.

Location: The CityPoint building, 1 Ropemaker St, London, EC2, UK
Date and time: 9:30AM - 8PM, February 22, 2018

The agenda of the conference includes Privacy and Confidentiality Techniques for Blockchains; Permissioned Business Blockchain Applications and Use-cases; Scalable, Transparent and Post-quantum Secure Computational Integrity, with Applications to Cryptocurrencies; A Rational Protocol Design Treatment of Bitcoin, and more.

The headline speakers include Patrick de Laive, co-founder of TNW; Margarita Khartanovich, head of insight at Binary District; Jack Gavigan, chief operating officer at ZCash; Jeremy Kahn, technology writer for Bloomberg, and many more.