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Paxtradings Crypto Minute: March 22, 2018

PAX Trading > Crypto Minute > Paxtradings Crypto Minute: March 22, 2018

IBM Releases New Blockchain Development Platform for Startups and Developers

IBM has announced a new blockchain platform for startups and developers to build their own distributed ledgers. According to CNBC, the new platform is a lower-cost alternative from IBM’s current enterprise plan — although it is unclear how much the platform will cost. The new platform is currently in beta testing mode, and is free for developers until its commercial release.

U.S. Department of the Treasury Suggests Wallet Addresses Can Be Added to Sanctions List

The U.S. Department of the Treasury has issued guidance on virtual currency sanctions levied by its Office of Foreign Assets Control (OFAC). According to ETHNews, that guidance suggests that OFAC may add wallet addresses to the Specially Designated Nationals (SDN) List — which would prohibit addresses from receiving or sending funds in any person or business within the U.S.

Hicky Raises USD 2 Million in ICO Thus Far

Hicky, a Tinder-like mobile app launched on top of the Ethereum blockchain, has announced its ICO has raised over USD 2 million. According to the company’s press release in The Merkle, Hicky’s token (HKY) is compatible with the Ethereum network’s native cryptocurrency, Ether. Hicky claims that it will not share or monetize the personal and financial information of its users.

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