Market Outlook

Chen Weixing, founder of Chinese ride-hailing app Kuaidi Dache, is planning to build a blockchain-based application for ride-sharing.

Loom Network, which came up with the idea of dedicated "dappchains" for scalable decentralized apps, is embracing sharing.

An investor and three founders have been slapped with a private cryptocurrency lawsuit centered on the ethereum decentralized application Augur.

The U.S. Department of Justice is reportedly investigating cryptocurrency traders who may have manipulated the markets using old-school tricks.

China has prosecuted nearly 100 individuals said to be involved with locally operating the OneCoin cryptocurrency scheme.

Huobi Pro has announced the launch of a market index to measure the overall performance of 10 digital assets on its platform.

Coinbase announced Wednesday it was rebranding its GDAX platform as Coinbase Pro. Additionally, the company has acquired Paradex, a relay platform.

The Supreme Court of India has decided to hear crypto-related cases with respect to the news from RBI stopping banks from dealing with cryptos.

The former chief executive of Hong Kong-based crypto exchange OKEx has said he is joining rival platform Huobi just a week after his resignation.

China-based Canaan Creative, one of the largest bitcoin mining hardware makers, has filed for an IPO in Hong Kong.

Cornell University professor Emin Gun Sirer announced a new family of consensus protocols at Token Summit on Thursday.

Fed governor Lael Brainard has said that cryptocurrencies do not pose a threat, and there is "no compelling need" for a Fed-issued digital currency.