Cryptocurrency News – Midweek Update

Enter The Crypto > Cryptocurrency News > Cryptocurrency News – Midweek Update

Ethereum Hard Fork Postponed

Ethereum’s Constantinople upgrade has been delayed following vulnerability in the code. The much anticipated upgrade which was expected to take place today now looks likely to be put on hold until next week.

HSBC Uses Blockchain Technology

HSBC have stated that they have settled foreign exchange transactions worth $250 billion by using blockchain technology.

Richard Bibbey, of HSBC stated:

“The global, cross-border nature of HSBC and its clients sees us conducting thousands of foreign exchange transactions within the bank, across multiple balance sheets, in dozens of countries. HSBC FX everywhere uses DLT to drastically increase the efficiency of these internal flows.”

Bitcoin Price

Bitcoin’s price has been hovering around the $3,600 mark for the past six days, following last week’s big sell off.

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We are not investment or financial advisors and are here to provide news and our opinions. Please be fully informed regarding the risks and costs associated with trading the financial markets and the Cryptocurrency market, it is one of the riskiest investment forms possible.

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