[Old]Blockchain Daily Digest – September 27th, 2019

1. Bittrex  leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance
   Cryptocurrency exchange Bittrex will use Chainalysis’ Know Your Transaction (KYT) to meet new and existing regulatory and compliance standards, and establish a safer, more secure platform for their users.
   
   
2. Venezuela’s Central Bank Considers Potential of Bitcoin and Ethereum 
   For the Venezuelan economy, tackling isolation from the global financial systems remains the biggest issue.Venezuela’s central bank is running internal tests to determine whether it can hold cryptocurrencies in its coffers that would equal the country’s international reserves.
   
   
3. India’s Demand for Blockchain Developers Soars by 700%
   Blockchain technology is substantially being embraced at an alarming rate across the globe. This trend is expected to continue because it is speculated that the market cap for products and services utilizing blockchain will be at least $8 billion by 2022.
   
   
4. Despite Price Bitcoin’s Hash Rate Has Doubled in Last 24 Hours
   Bitcoin (BTC) reveals its hash rate has not suffered the alleged 40% drop this week but has in fact reached new all-time highs.
   
   
5. Top-20 Altcoins Continue to Fall
   Despite the appearance of entereing a consolidation phase after Tuesday’s crash,altcoins continue to experience a downward price trend.

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