Global Digital Asset Exchange (GDAX) Vice President, Adam White, issued a follow-up statement regarding the multi-million dollar market sell order induced flash crash that momentarily drove prices as low as $0.10 USD after the order triggered an avalanche of stop order executions and margin position liquidations. The press release states that customers who experienced stop loss order executions or margin calls as a result of the dramatic price dive will be reimbursed.
The second largest port in Europe by container capacity is now running a pilot blockchain project focused on logistics automation.
Belgium-based Port of Antwerp has announced that it is looking to use the tech to automate and streamline the terminal's container logistics operations. The test is being conducted in conjunction with a blockchain startup called T-Mining.
Leading graphics processing unit (GPU) manufacturers Asus and Nvidia have announced the release of new GPUs targeting the cryptocurrency mining market.
Swedish blockchain startup ChromaWay has announced a new distributed database product called Postchain.
Revealed at the Money2020 Europe in Copenhagen, ChromaWay positioned the new technology as one that would combine the benefits of an SQL database, while adding elements of blockchain technology.
Sparknet has been designed primarily for developers, while the mainnet, expected to be released in September, will be suited for the general public. Co-founder Jordan Earls, who leads Qtum’s team of almost two-dozen developers, said the testnet would feature an Ethereum Virtual Machine smart contract implementation along with Qtum’s proof-of-stake protocol.