BLOCKCHAIN NEWS – 30/11 /2018:

1. Price: Today BTC price dropped 8% to day low of $3820 but quickly shot up to $4000, and since then have hovered around $4000-$4100 mark. Because of the recent sharp fall in the BTC price because of hash war between Bitcoin cash and Bitcoin SV, investors are being cautious and waiting for the price of cryto to docile.

2. Blockchain Mobile: HTC has launched Exodus 1 Mobile phone, world’s first blockchain powered smartphone. It cost around £500, has a cold storage wallet and supports decentralised apps. These blockchain mobiles act as nodes to sustain the ledger, The phone is told to be the launchpad for HTC blockchain network. 

3. DJ Khaled and Floyd Mayweather will pay $750,000 to SEC to settle charges that they failed to disclose payments received promoting various ICOs (Initial coin offerings). Khaled received $50,000 payment from Centra to tweet the ICO as a “game changer” and Mayweather was paid over $200,000 to tweet Centra’s ICO ‘starts in a few hours. Get yours before they sell out, I got mine.

4. Gaming Miners: Quite contrary to the popular belief, gamers do sleep. That few hours of sleep caught the eye of Taiwan biggest hardware giant ASUS. ASUS has teamed up with Quantum cloud and developed a mining software to ease the use of idle few hours of the all important graphics cards to mine various cryto. 

5. Huawei Global : Blockchain technology being the flavour of the decade, Huawei couldn’t resist the omnipresence of blockchain and is jumping on the bandwagon by launching his own global blockchain. BCS (Blockchain service) which is now available on Huawei Cloud, is aimed at global enterprises and developers to create, deploy, and manage blockchain applications.

6. GDPR and Blockchain: GDPR protects individuals data privacy rights and responsibility for respecting these rights lies with the companies, be it Facebook or google. If an individual wants his data to removed from the system, the company would have to do. But in Blockchain as the data is not controlled by an individual, it becomes impossible to authoritatively delete data. So Blockchain becomes non-compliance of GDPR, but Queen Mary University of London and University of Cambridge are working together to provide a solution to this issue.