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Microsoft has owned the right of a new cryptocurrency mining system which would mine cryptocurrency using human brain waves. It is using basic human energy instead of the usual expensive power-intense mining. This may seem a bit bizarre for the crypto community, but Microsoft has explained how the system would work.

Decentralized Exchange Concludes $15 Mln Funding Round Supported by Huobi and OKCoin

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Decentralized cryptocurrency exchange BHEX Exchange has concluded a $15 million funding round with support from major exchanges like Huobi and OKCoin, according to a press release shared with Cointelegraph Nov. 29.

Per the release, BHEX’s new round of funding was conducted with participation from leading industry players, including Huobi Global, OKCoin, and Genesis Capital, among others. BHEX’s investment subscription has purportedly attracted over 70 investment institutions, while Blue Helix selected 40 to participate in the first round of investment.

​Galaxy Digital Lost $136 Million in the First Three Quarters of 2018

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Mike Novogratz's crypto investment bank Galaxy Digital has lost $136 million in the first three quarters of 2018, Bloomberg reports Nov. 28.

According to Bloomberg, Galaxy Digital’s realized and unrealized losses in Q3 amounted to $41 million, which when combined with the results of previous quarters, amounts to the firm being out $136 million so far this year. The firm’s share price also dropped to a record low after tumbling 55 percent this month.

​Crypto Research Firm Launches Disclosure Database for Digital Assets

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Cryptocurrency data and research company Messari is launching a disclosures registry for basic cryptoasset information, according to a press release published Nov. 27.

Messari is a New York-based startup, which provides insights, markets data, and research tools in the crypto industry for investors, regulators, and the general public. In March, Messari secured between $1–$5 million in early-stage funding to launch its disclosure database, according to Forbes.

​Battle for Bitcoin Cash Name Ends as BCH SV Backer Calls for ‘Permanent Split’

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Billionaire Entrepreneur and Bitcoin Cash SV (BCH SV) supporter Calvin Ayre has declared that the coin “no longer want[s] the name Bitcoin Cash [BCH]” in a 

article published Nov. 23.

):BTC the “original” Bitcoin (in fact and that the coin is ),Posted on Ayre’s own crypto media outlet CoinGeek, the statement claims that Bitcoin Cash SV will continue to exist independently from Bitcoin Cash (BCH

 

Bitfury Partners With Russian Economics University to Establish Blockchain Accelerator

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l blockchain company Bitfury has partnered with the Plekhanov Russian University of Economics to create an accelerator for blockchain projects, Russian crypto news outlet Forklog reports Nov. 21.

In addition to supporting the development of blockchain projects, the university will provide courses and additional education dedicated to “training specialists who are able to create innovative projects using digital technologies in a short time.” This will enable specialists to “bring [the projects] to market amid the new industrial revolution,” Dmitry Ufaev, the head of Bitfury Russia, told Forklog.

​BBVA and Santander Join EU Joint Blockchain Platform Set to Launch in 2019\

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Banking groups BBVA and Banco Santander have joined the E.U. International Association for Trusted Blockchain Applications (IATBA), Spanish economic newspaper Expansion writes Nov. 20.

The representatives of two Spanish banking groups were invited to an E.U. blockchain roundtable held in Brussels by Mariya Gabriel, the commissioner for Digital Economy and Society, and Roberto Viola, director of the E.U. Department of Communications Networks, Content and Technology.

China: Insurance Giant Ping An Subsidiary to Create Boutique Bank Supported by Blockchain

Ping An Bank, a subsidiary of China’s Ping An Insurance Group, will launch a boutique bank using blockchain, cloud services, and the Internet of Things (IoT). Ping An Insurance Group is one of the world's leading financial and insurance corporations, and their subsidiary’s announcement was reported on Nov. 20 by People’s Daily, China’s official state run press service.

A boutique bank is defined as a non-full service investment bank that supports more individualized services than larger firms.

The new boutique bank will rely on Ping An Group's scientific and technological skills and comprehensive financial capabilities to provide integrated financial services to enterprises through Ping An Bank's supply chain receivables service platform, entitled "SAS.” The article states that the authenticity of transactions will be provided by the SAS platform.

​50% Favor Bitcoin as Long-Term Investment in Former US Rep Ron Paul’s Twitter Survey

Former U.S. Congressman Ron Paul has asked Twitter users Nov. 15 how they would prefer to receive $10,000 if they had to keep it in this form for a decade, with the majority picking Bitcoin (BTC) .

Of the respondents, 50 percent answered that they would prefer to receive their $10,000 in Bitcoin, the second most chosen asset was gold (37 percent), the third U.S. 10 year treasury bonds (11 percent), and the last was the U.S. dollar at only 2 percent.

 

​US SEC Levies ‘First’ Civil Penalties Against Two ICOs for ‘Unregistered’ Securities

In a self-described “first,” the U.S. Securities and Exchange Commission (SEC) has imposed civil penalties against two Initial Coin Offerings (ICOs) solely over their failure to register their token sales, according to an official Nov. 16 press release.

The SEC states it has reached settlements with two ICO companies, CarrierEQ Inc. (Airfox) and Paragon Coin Inc., both of whom reportedly conducted their token sales last year after the SEC had already “warned” that ICOs could be deemed securities offerings in its July 2017 DAO Report of Investigation.

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