by Florin Oprea
Kyle Swenson – The Washington Post
According to federal court documents, detectives from the Northampton Township Police Department north of Philadelphia began tracking the unemployed 30-year-old earlier this month after fielding a complaint from Price’s girlfriend’s parents about stolen laptops. But what started out as an alleged deadbeat boyfriend boosting valuables quickly accelerated into a wilder situation — and one with considerable more money involved.
FAO: Looks like we keep needing this “OMG Section” in each bulletin. Don’t even want to think this is normal…What’s next? How can “market actors” improve the security of digital assets? Send us your thoughts here.
DNT: Wow!! Totally agree with Florin! This type of news tends to become a constant.
Olusegun Ogundeji – The Cointelegraph
Several factors would be responsible for the Ether price to rise organically to $400 again or even higher in coming weeks. One of them would be a result of the roles of the startups whose ICOs reportedly brought down the price in the first place.
FAO: Interesting opinion.
JP Buntinx – The Merkle
Even though most Bitcoin users feel that there will be no chain split in the next few weeks, they may be wrong.
FAO: I think one thing is certain – we will have increased volatility in the coming days/weeks.
The Market Mogul
It’s first important to note that the market cap of BTC is just north of $37bn and the second highest, Ether (ETH) is at $18bn. In addition, 24h trading volume for BTC is c $1.2bn and ETH is c$1.6bn, thus demonstrating that these cryptocurrencies are becoming a popular medium for investment, transactions and speculation.
Krystal Chia & Sterling Wong – Bloomberg
TenX is pitching its debit card as an instant converter of multiple digital currencies into fiat money: the dollars, yen and euros that power most everyday commerce. The company said it takes a 2 percent cut from each transaction and has received orders for more than 10,000 cards. While transactions are capped at $2,000 a year, users can apply to increase the limit if they undergo identify verification procedures.
DNT: Hmm, sounds interesting, in the effort to make Bitcoin mainstream..but with all the recent cyber security issues, there are some question marks.
FAO: Touche! Decebal’s opinion is more than pertinent. Hmmm…I wonder, will they introduce a customer service too!?!
Naomi Barzel – Finance Magnates
The Monetary Authority of Singapore (MAS) has announced Project Ubin, its plan to use distributed ledger technology to connect central banks around the world.
FAO: Singapore is makes waves, again. MAS’ Project Ubin is being established in partnership with banking consortium R3, BAML, JPMorgan, Credit Suisse, and Mitsubishi UFJ Financial Group.
Joshua Althauser – The Cointelegraph
Based on the policies involving cryptocurrencies and Blockchain technologies, UK moves to liberalization of cryptocurrencies while the US looks into more regulations.
FAO: I think both can take notes from Singapore…Agree?
Joshua Althauser – The Cointelegraph
Dash is currently the seventh biggest digital currency in the world in terms of the total market cap, which is valued at about $1.4 bln and has been increasing after getting accepted on the App Store.
FAO: With a market cap of more than $1.5B (at the time of writing) DASH is now a top 5 cryptocurrency.
Jonathan Berr – CBS News
Cryptocurrency Ethereum has emerged from the shadow of its better-known rival Bitcoin thanks to its skyrocketing price — that has also made it a tempting target for hackers.
FAO: Discussing last week’s heists.
The explosive growth of cryptocurrencies suggest there is more to the phenomenon than speculative froth. But what?
FAO: Worth reading.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News