Kiffmeister’s Fintech Daily Digest 10/13/2019

• US SEC Halts TON Launch Over $1.7B ICO — Highest-Level Action Yet?

  GRM is a native currency of Telegram Open Network, a blockchain platform aimed at facilitating payments and hosting decentralized applications beyond Visa’s scalability levels. The project is developed by Telegram, an open-source encrypted messenger, which boasts over 200 million users worldwide, into which TON will ostensibly be integrated into.

  tags: Fintech CryptoAssets Blockchain Telegram PaymentSystems

• If Bitcoin-Avocado Price Correlation Continues, BTC May Be Toast

  Bitcoin’s status as an uncorrelated asset is about to be revoked, as a scarily close relationship to the price of avocados implies that the digital currency may be about to fall off a cliff.

  tags: Fintech CryptoAssets Bitcoin

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