🗞 Daily Crypto News, March 31st💰

• Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders Upgrades ;
• South Korea: Insurance Company Denies Hacked Crypto Exchange’s Damages Claim ;
• Seoul Mayor Aims To Launch Capital’s Own Crypto, Establish Better Environment For Blockchain Startups ;
• How Centralized Exchanges Intend to Devastate You ;
• IBM Evolution: Big Blue Is Finally Getting Serious About Cryptocurrency
• 📑 Daily Crypto Calendar, March 31st 💰
• STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders Upgrades

The cryptocurrency exchange subsidiary of the Japanese internet giant GMO has detailed its plans to improve its operations. GMO Coin has submitted a business improvement report to the country’s financial regulator. GMO Internet has also set up an information security audit office for the entire group.

Read more & Source: https://news.bitcoin.com/japanese-crypto-exchange-gmo-improve-regulator/

🗞 South Korea: Insurance Company Denies Hacked Crypto Exchange’s Damages Claim

Yapian Corp., the operator of twice-hacked crypto exchange Youbit, has been denied their insurance claim of $2.8 mln for last December’s hack of an alleged 17 percent of their assets, the Wall Street Journal reported March 29.

Read more & Source: https://cointelegraph.com/news/south-korea-insurance-company-denies-hacked-crypto-exchanges-damages-claim

🗞 Seoul Mayor Aims To Launch Capital’s Own Crypto, Establish Better Environment For Blockchain Startups

"As Seoul is the world's leading city in the field of information and communications, including the 4th industrial revolution, I think it should naturally study new technologies such as blockchains. … In order to make an S coin, we must prepare institutional and legal backing such as ordinances," the mayor said.

Read more & Source: https://cointelegraph.com/news/seoul-mayor-aims-to-launch-capitals-own-crypto-establish-better-environment-for-blockchain-startups

🗞 How Centralized Exchanges Intend to Devastate You

The root problem with conventional currency is all the trust that’s required to make it work…We have to trust them [third parties] with our privacy, trust them not to let identity thieves [including government] drain our accounts. Satoshi Nakamoto

Satoshi never envisioned centralized exchanges. The spectacle would have appalled him. Bitcoin was forged to avoid centralized third parties, such as banks and centralized exchanges, that require users to trust them with wealth and privacy. Peer-to-peer transfers based on cryptographic proof were supposed to replace the need for a middleman who demanded trust. They were designed to give financial power back to the individual.

Read more & Source: https://news.bitcoin.com/wendy-mcelroy-how-centralized-exchanges-intend-to-devastate-you/

🗞 IBM Evolution: Big Blue Is Finally Getting Serious About Cryptocurrency

Lund breaks down the demand IBM is seeing into three main kinds of tokens: securities tokens that give owners a stake in the issuing company, utility tokens that give users access to a service such as phone minutes and commodities tokens that represent precious metals and other physical assets.

"We're actually seeing a move toward the issuance of tokens that have a higher velocity that represent, for example, a claim on a portion of gold bullion sitting in a vault somewhere," he said.

Read more & Source: https://www.coindesk.com/ibm-evolution-big-blue-finally-getting-serious-cryptocurrency/

Daily Crypto Calendar, March, 31st

• TRON (TRX)

"The coinburn is confirmed"
TRON will launch first beta version (Exodus) on Mar 31, 2018.

• Ethereum Classic (ETC)

First public release of Emerald Desktop Wallet & Warp sync in Geth

• Voise (VOISE)

Android App

• Verge (XVG)

New Website expected Q1 2018

• Siacoin (SC)

File contract making upgraded to form 30x faster.

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-march-31st

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmRfmsPuFXtaxSpgjkfuxLAFtjane4Ho7de5ftNCRP4cqz

Here is the current chart :

https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/DQmQMVdYg5R2FiJ1v5micqYa2hppDLTHXrUjF2JKR2Xk2Jr_1680x8400

As expected, the support line that I traced you at 1.50$ looks strong and held the drop. It is a short term good news because the next serious support after this line is around 1$... Let's see if we can go test the resistance line in red with the bounce of the Bitcoin which should arrive soon. We could also break shortly that support line and go back higher than this line just some hours after.

• 🗞 Daily Crypto News, March 30th💰
• 🗞 Daily Crypto News, March 29th💰
• 🗞 Daily Crypto News, March 28th💰
• 🗞 Daily Crypto News, March 27th💰

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