Supply chain blockchains aren’t just for tracking your organic vegetables. MediConnect, a new project building a blockchain-based solution to trace and manage prescription medication, has successfully completed the workflow of its Proof of Concept and has begun integrating with online pharmacies.

This week, NEO joined Microsoft’s .NET Foundation, serving as a major asset to Microsoft’s blockchain efforts. Following the integration, NEO willbe able to introduce a new set of tools for Microsoft Visual Studio, making it easier for mainstream developers to create NEO dApps. This news comes just months after NEO expressed interest in the .NET stack.

In this series on Bitcoin and money, Crypto Briefing takes a deep dive into the complexities of the modern monetary system and how Bitcoin, as the ultimate hard money, can serve as a solution to many of its problems.

In concluding the series, we examine the steps that will lead to a truly decentralized global economy, and the challenges that participants in this economy will face along the way.

The full nine-part series is available here.

Cryptocurrencies were finally seeing some respite… until a new plunge pushed the leading crypto back under $8,000. The market followed BTC with losses in the 5% range for most top cryptos.

Notably, Stellar (XLM), IOTA and Tezos (XTZ) have posted gains at around 5%, while the rest of the market has largely maintained the same prices as yesterday.

Overprotective regulations could weaken the United States’ position in digital asset markets, according to one of the country’s leading securities officials. SEC Commissioner Hester Peirce, affectionately nicknamed ‘Crypto Mom,’ acknowledges that the regulator’s slow response to new technology could harm the nascent American blockchain sector.

Speaking at an event today, a former Nasdaq Vice-Chairman asked Peirce whether a slower process in turning around new regulation was “making the United States significantly less competitive.”

• Bitcoin Cash is trading down around twenty percent from its weekly opening price
• The BCH / USD pair is testing a major long-term trendline on the daily time frame
• The recent drop has created bullish MACD divergence extending towards the $290.00 level

Bitcoin Cash is consolidating around its current monthly trading low after the cryptocurrency suffered losses of around twenty percent, following the heavy early week decline in the cryptocurrency market. 

BitAsset has announced the integration of Dash into its platform, expanding its options for fiat trading in East Asia. The addition of new Dash / USDT and Dash/CNYT pairs will allow traders to trade through Tether-backed currencies, while a pair with the New Taiwan Dollar ensures direct fiat access.

Leading crypto analytics firm The TIE has launched a new suite of data feeds designed to provide professional and institutional traders with the tools to trade on some of cryptocurrency’s key fundamentals.

Called The TIE Data Services, users will have access to seven new APIs. This includes a much-expanded feed that will analyse and quantify the sentiment from more than 850M tweets every day.

This week, a company called smartmo launched a blockchain and IoT-powered bicycle parking solution. Commuters at the main railway station in Lucerne, Switzerland can now lock up their bikes using a smartmo smartlock parking station, with the payment and lock itself secured on the blockchain.

With radical price swings, market manipulation, and high profile hacks, bitcoin has never lacked excitement, but that started to change this summer. Prior to yesterday’s sharp drop, the OG crypto had been holding steady around $10,000 for over a month.