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Daily Crypto Round Up: Binance DEX Demo, 450k hotels may now accept BNB and more news

This is a daily round up of important blockchain and crypto news between Dec 04, 2018 and Dec 05, 2018 (until press). The focus is on important news around developments in the blockchain space, on exchanges and crypto projects, not on price action.

Please note that this is neither the only nor the exhaustive list, we are constantly trying to improve the feed and if you have any feedback, please feel free to contact us.

1. US Treasury Official Calls on Crypto Industry Players to Combat Illicit Use of Crypto

The U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence  Sigal Mandelker addressed the issue of mitigating risks related to emerging technologies, including digital currencies, which could potentially be used for nefarious purposes.

Mandelker stressed that financial institutions and cryptocurrency services providers must combat illicit activity and the risks of assisting bad actors. Read More

2. Binance Releases Video Demonstrating new DEX on BNB blockchain 

3. Hyperledger announces new ‘Cryptography library’ for DLT development dubbed Ursa

It is a modular, flexible cryptography library that is intended for—but not limited to—use by other projects in Hyperledger. Ursa’s objective is to make it much safer and easier for our distributed ledger projects to use existing, time tested, and trusted cryptographic libraries but also new cryptographic library implementations being developed.  Read the official announcement.

4. Blockchain ‘Radically Simplifies’ KYC, Say UAE Trial Participants

Abu Dhabi Global Market (ADGM), an international financial free zone within the United Arab Emirates, says it has successfully completed the trial of a blockchain-based know-your-customer (KYC) application. Read More.

5. Blockchain-based Hotel Booking Platform Tripio to Support BNB Token as Payment Method

On December 4, Tripio officially announced the strategic partnership with Binance that will allow some 10 million active users in the Binance ecosystem to use BNB as one of the primary methods of payment on the Tripio platform. Read More.

Bite-sized News

Only the headlines are enough for these news

  • Poloniex introduces accounts for institutional investors  Read Story
  • Air Force Institute of Technology (AFIT), a graduate school run by the U.S. Air Force, has launched an educational tool for blockchain. Read Story
  • Cryptocurrency Exchange Coinbase Adds PayPal for Fiat Withdrawals. Read Story
  • Transactions on Privacy Coins like Monero and Zcash To Undergo Forensic Analysis by the U.S Government. Read Story

Read Daily roundup: December 03, 2018

Disclaimer: The news articles cited or sourced are from platforms other than Coin Crunch India. does not endorse nor support views, opinions or conclusions drawn in these articles. is not responsible for or liable for any content, accuracy or quality within these articles. Readers should do their own due diligence before taking any actions related to the content. is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information from the articles below.

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