Market Analysis Report

Ethereum Byzantium Fork Update

The Ethereum Byzantium fork may have been concluded earlier this week, but it seems that developers are still not ready to call the software transition complete. To transition successfully, all nodes (the computers that run the software) were required to universally install upgrades – a transition that was expected and encouraged to occur simultaneously across the global platform. However, in the case of the Byzantium fork, that's not exactly what happened. As the upgrades were released mere days before the fork, a sizeable portion of the network has yet to make the shift. In fact, at press time, only 38.4% of Parity and 59.1 percent of Geth, the most popular Ethereum clients, have upgraded.

Aside from the faulty nodes that have yet to upgrade, there's also a chance of security bugs in the current Byzantium software. The most severe and frequent of these is the consensus bug, which occurs when nodes cannot communicate and the blockchain splits into incompatible chains. Developers are now said to be running tests to try and locate these risks, hoping to catch any before they act.

Read more here

Bitfinex to Terminate Services for U.S. Customers by November 9th

Bitfinex has announced its plan to terminate all services for U.S. individual customers by November 9th. The announcement is a follow-up to a statement issued in August, which indicated the company was suspending all new requests for account verification from U.S. individuals. The announcement reads:

"As indicated in the announcement, we are terminating trading, deposits, and withdrawal functionality for U.S. individual customers by no later than November 9, 2017. U.S."

Read more here

Enterprise Ethereum Alliance - Sberbank and HP Join the Alliance

The Enterprise Ethereum Alliance (EEA), the world’s largest open-source blockchain initiative, is an industry-supported consortium that aims to bring Ethereum to an enterprise-grade level by supporting, promoting, and building Ethereum-based technologies. The Alliance has recently announced the addition of 48 new members, including Sberbank, Russia’s largest bank, and Hewlett Packard Enterprise (HPE). Evgeny Kravchenko, Sberbank’s head of trade finance, stated:

"The next step for our blockchain team will be operations with foreign-based financial institutions and other banks, to do some international transactions, to see how we can increase the transparency and improve the trust between banks and corporate clients."

Read more here

Cryptolocator Launches Global Ethereum Trading Platform

Cryptolocator, a global marketplace for Ethereum trading, has announced the launch of its trading platform where users can securely trade Ether and other altcoins. The platform will let users set the terms of their trades by choosing the payment options and trading pairs that suit them the best.

Read more here

Recently Added :

VRP Added to Upcoming ICO List

FLP Added to Upcoming ICO List

ZPoolGuru Added to MiningPool List

The London Summit

The London Summit is the EU’s largest FX industry event. Combining unmatched networking opportunities with top-notch content, this event has gained a reputation amongst the retail and institutional FX community for being the industry’s leading gathering for learning and business.

On November 14-15, over 2,000 senior decision-makers from asset management firms, hedge funds, investment banks, top-tier retail brokers, and startups will be attending the London Summit at Old Billingsgate, London.

They are all gathering to hear thought leaders discuss and debate the most relevant issues facing the financial services industry. This time, the summit will have a special focus on the cryptocurrency industry, ICOs and blockchain technology, with speakers from top of the line firms, like Coinsillium, Equinix and Cobalt.

Join this conversation and secure your spot here

Tiny Budget Cooking

Feeling like you are spending too much on food and not enough on your investment portfolio? Tiny Budget Cooking by Limahl Asmall might be exactly what you are looking for!

Read more here and Buy the book here.