Here's Your Evening Crypto News for
September 28, 2018 | |  Over 46 cryptocurrency exchanges around the globe assisted criminals in laundering more than $88 million over the past two years, a Wall Street Journal report alleges. | | |  On 18 September 2018, a critical double spend inflation exploit was patched with the release of Bitcoin Core 0.16.3. However, the developers warned that a Bitcoin blockchain split was possible, and to wait up to 200 confirmations (about 1.5 days) when accepting payments just in case a split occurred. The fork did not occur on the Bitcoin blockchain but the Bitcoin testnet experienced a blockchain split due to this exploit, with its state being critical during 27 September 2018. | | |  Although the two biggest cryptocurrencies, bitcoin and ether, have lost more than half of their value in 2018 alone, experts believe that another bull run is on the horizon, Bloomberg reported on September 27, 2018. | | |  Well hello, data fans. Bitmain has finally filed for an initial public offering with the Hong Kong Stock Exchange after months of speculation. In the documents it submitted, Bitmain revealed that after making $2.5 billion of revenue in 2017, it reached $2 billion in just the first six months of this year. Unsurprisingly, as Bitmain owns a lot of Bitcoin Cash, Bitcoin's long forgotten siamese twin jumped 30% in response to the news. | | |  The market opened today, 28th September, to most cryptocurrencies seeing green with popular ones such as Bitcoin [BTC], Ethereum [ETH] and XRP enjoying the bullish boost after some bearish trends over the past few days. Out of the top ten cryptocurrencies, Bitcoin Cash [BCH] was the only one that was suffering the brunt of the bear. | | |  The impacts of blockchain technology are undeniable, and it has already begun to have a tremendous effect on a plethora of industries. That being said, a newfound use case for blockchain proves that the technology could impact far more than supply chains, logistics, and finance. | | |  On September 27, the EU Competitiveness Council met in Brussels to discuss how to support Europe's digitization, particularly with regard to artificial intelligence — an area that has tremendous potential, but also faces extreme global competition. AI, of course, runs on data. The unfortunate reality is that U.S. tech companies control and exploit large amounts of European data, in turn monopolizing our digital economy. | | |  In a recent interview, Changpeng Zhao, the CEO and Co-founder of Binance spoke about trans fee mining business model, cryptocurrency exchanges pumping fake volume and when he expected the next major bullish run in the cryptocurrency market. | | | | | |
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