JD launches a blockchain lab, BaFin considers ICOs as risky, Ledger expands to Hong Kong, Microsoft integrates Azure into Nasdaq, Ron Paul is against crypto taxes, Bitcoin celebrates its anniversary
- Chinese e-commerce giant Jingdong Group (JD) is launching a blockchain research lab to solve efficiency problems and examine new applications of the technology in partnership with two technology institutes.
- Felix Hufeld, president of BaFin, believes that ICOs have small investor protection which makes participation in it risky. He says ICOs have little rights to protect themselves from the dangers involved.
- Crypto hardware firm Ledger opens a branch in Hong Kong to extend its services to the Asia Pacific.
- Microsoft will incorporate its Azure Blockchain technology into the Nasdaq Financial Framework (NFF) to deliver enhanced blockchain services.
- Former US Congressman Ron Paul believes that tax-free cryptocurrencies may help navigate the economy past recession writing it in a blog post entitled ‘Trump Is Right, the Fed is Crazy’.
- Congratulations! Today is the 10th anniversary of Satoshi Nakamoto’s release of the Bitcoin whitepaper.
2008: In September 2008, Lehman Brothers collapsed as the financial crisis spread. For the year, S&P 500 falls 38.49 percent, its worst yearly percentage loss.
March 9, 2009: S&P 500 closes at 676.53, its closing low after the onset of the 2008 financial crisis and the Lehman Brothers’ bankruptcy.
- BTC is trading at the price of $6,291, ETH comes to $194.93 at the moment of writing.