Monero fees fall, Samsung SDS partners ABN AMRO, China requires users' proven identities, ING targets blockchain anonymity, Bitmain may lower energy consumption, Russia refuses mining, Decentraland raises money
- Transaction fees on the Monero network have fallen sharply by 97% after last Thursday's system-wide update named ‘bulletproofs’.
- Samsung SDS, the IT subsidiary of Korean giant Samsung, is collaborating with Dutch ‘big three’ bank ABN AMRO for a logistics blockchain pilot tracking the shipment of a container from Korea to the Netherlands.
- The Cyberspace Administration of China (CAC), published new draft regulations proposing users to provide their real identity to use any kind of blockchain-based service.
- Dutch multinational banking and financial services corporation ING targets enterprise blockchain anonymity with open source privacy tool Zero-Knowledge Set Membership (ZKSM).
- Bitmain released a firmware to activate Overt AsicBoost for Antminer S9 Bitcoin ASIC miners. According to Braiins this activation can bring down the power consumption by about 13%.
- Russian lawmakers in the State Duma have removed a definition of cryptocurrency mining from the draft law ‘On Digital Financial Assets’.
- Decentraland continues to attract new money as a user just closed a 40-parcel purchase in Genesis City for 1.3 million MANA, that is almost $100,000.
- BTC is trading at the price of $6,474, ETH drops to $203.62 at the moment of writing.