• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Blockchain Expo Europe, Amsterdam (September 26-27, 2023)
    • FinTech Festival Asia, Thailand (September 27-28, 2023)
    • Blockchain Economy Summit, Dubai (October 4-5, 2023)
    • Ibiza NXT (October 4-6, 2023)
    • Money 2020 USA, Las Vegas (October 22-25, 2023)
    • European Blockchain Convention, Barcelona (October 24-26, 2023)
    • Wiki Finance Expo, Sydney (November 16, 2023)
    • Future Tech Event, Oman (November, 2023)
    • Money 2020 Europe, Amsterdam (June 4-6, 2024)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Crypto news in brief (June 12, 2018): Huobi, CFTC, EOS, Fidelity, Chainalysis, Zug, Swiss Crypto Valley, Hypothekarbank

June 12, 2018 By Crypto Reporter

– Huobi is extending its services to the US
– EOS has finally launched its main net
– Fidelity Investments has shut down this spring its subsidiary crypto fund that used Fidelity account balance to invest in crypto assets
– Zug, aka Swiss Crypto Valley, is set to have the country’s first municipal voting using blockchain

Huobi, the third largest crypto exchange, is extending its services to the US. The new exclusive and strategic partner will be called HBUS. The user registration started on June 10, and all who sign up until June 14 will be able to trade commission-free during one month. 

***

The conflict between the CME Group and crypto exchanges – Bitstamp, Coinbase, itBit and Kraken – made the US Commodity Futures Trading Commission (CFTC) launch investigation into futures price manipulation, causing a slump in most cryptocurrencies. John McAfee called in his Twitter account not to overreact, saying the investigation only “delays the bull market by no more than 30 days”, adding that you should not “buy into the fear”, but rather “buy the coins”. 

***

EOS has finally launched its main net. The decision has been taken unanimously by about 100 votes. Earlier EOS was accused of a somewhat murky voting process, hence the company tried to come around this time as transparent as possible. 

***

Fidelity Investments, with $2.5 trillion in asset management, has shut down this spring its subsidiary crypto fund that used Fidelity account balance to invest in crypto assets. 

***

Chainalysis, a New York blockchain startup, calculated that 1,600 addresses control a third of all coins worth $37.5 billion. These anonymous wallets comprise nearly 5 million coins, or third of all bitcoin market, excluding inactive wallets.     

***

Zug, aka Swiss Crypto Valley, is set to have the country’s first municipal voting using blockchain. The event will take place some time between June 25 and July 1. According to local media outlet, Swissinfo the trial vote will use the city’s digital ID (eID) system, launched last year, allowing citizens to vote via their mobile devices. 

***

And just a few days earlier, a Swiss private bank, Hypothekarbank, became the first banking institution to provide business accounts to companies involved in blockchain and cryptocurrency. Thanks to its ‘Crypto Valley’ and tax-free policy for crypto investors, Switzerland is already number one most blockchain-friendly country in Europe.

More news:

  • EU to finalise crypto regulation bill end of June
    EU to finalise crypto regulation bill end of June
    June 28, 2022
  • Fidelity to offer 401(k) investors to access bitcoin
    Fidelity to offer 401(k) investors to access bitcoin
    April 28, 2022
  • UAE is set to welcome crypto licensing 
    UAE is set to welcome crypto licensing 
    February 26, 2022
  • IMF: Complete ban of crypto maybe ineffective 
    IMF: Complete ban of crypto maybe ineffective 
    June 30, 2023
  • India to tax crypto and NFTs profits at 30%
    India to tax crypto and NFTs profits at 30%
    February 2, 2022
  • Uber to consider accepting crypto as payments 
    Uber to consider accepting crypto as payments 
    February 20, 2022

Filed Under: General News, News Tagged With: cryptocurrency, EOS, exchanges, Huobi, news, news in brief, Zug

Primary Sidebar

Follow Us

Press Releases

Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

September 24, 2023

Telos and Elixir Games Partner to Bring New Titles and Cutting-Edge Technology to Web3 Gaming Ecosystem

September 24, 2023

On-Chain Bonds Platform Obligate Appoints Former Global Head of Exchanges for Swiss Stock Exchange (SIX) Thomas Zeeb to Board of Directors

September 24, 2023

Record Breaking Success Cements TOKEN2049 as the World’s Largest Crypto and Web3 Industry Event

September 24, 2023

Consensys Unveils Pre-Accelerator Program, Consensys Fellowship, To Propel Web3 Founders and Decentralized Applications

September 24, 2023

Blockchain Expo Europe 2023

Fintech Festival Asia 2023

Blockchain Economy Dubai 2023

Money2020 USA

European Blockchain Convention 2023

Blockchain Expo Global 2023

Money2020 Europe

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2023 Crypto Reporter