The top news in the last 24 hours are shown below:
Winklevoss Twins: Crypto is at a Tipping Point
The Winklevoss twins, famous for their early investment in Bitcoin and launching of the Gemini exchange, recently headed a discussion at the SXSW conference. In front of an audience of seven hundred, the twins talked about how regulation can lead to growth, the increasing interest in crypto, how the crypto winter has affected development and why they believe that interest in crypto is at a tipping point.
Coinbase Pro Increases Fees, Updates Market Structure ‘to Increase Liquidity’
Major United States-based cryptocurrency exchange Coinbase announced a new market structure for its professional trading platform, Coinbase Pro, in a blog post published on March 15. Per the announcement, the changes aim to increase liquidity, enhance price discovery and ensure smoother price movements. The changes include a new fee structure, reportedly designed to increase liquidity, updated order maximums, new order increment sizes, the turning off of stop market orders and added market order protection points.
United Arab Emirates’ Financial Authorities Host Crypto Asset and Fintech Forum
The United Arab Emirates Banks Federation (UBF) and the Abu Dhabi Global Market (ADGM) hosted a joint forum on crypto assets and fintech, the UAE’s official news outlet Emirates News Agency reported on March 17.
“Given the rapid emergence of new FinTech such as cryptocurrencies and other crypto assets, it is essential that we develop frameworks and regulations that govern these technologies and developments.”
Crypto Battle Royal: Calvin Ayre Implies John McAfee May Be Guilty, Eliciting Aggressive Responses
A new documentary is due to be released about the time that McAfee had in Belize, implying that he was involved in two murders and the rape of a Harvard biologist who worked with him in a lab. The film will not be released until September 24th, but it was already shown at the Toronto International Film Festival under the title “Gringo: The Dangerous Life of John McAfee,” as reported by Fortune.
Steemit Becomes Subject of Multiple DDoS Attacks, but Blockchain and Associated Apps Remain Untouched
Steemit provides a blogging front-end that users can contribute to in the discussion of multiple topics, using a tokenized system as part of the Steem blockchain. According to a report from CryptoSlate, Steemit was recently taken down for 25 minutes on March 14th, during which time that the platform was the subject of sustained distributed denial of service (DDoS) attacks.
India’s Largest Software Company, Tata (TCS), Works on New Blockchain Development Platforms
The largest Indian IT company, Tata Consultancy Services Limited (TCS), is currently working on a wide range of blockchain projects. To do so, the company is leveraging the services provided by R3’s blockchain platform. They are also working with Microsoft Azure Blockchain. The main intention behind it is to implement distributed ledger technology (DLT) in different sectors of the business.