by Florin Oprea
India Ashok – IBT
Hackers are reportedly operating the fake site to steal users’ login credentials and money saved in the exchange. The fake Bittrex site has allegedly been designed to perfectly mimic the legitimate site, even displaying a similar login page, presumably in efforts to lure victims into divulging their login credentials.
FAO: They are getting better and better at this game. And how does this nascent industry react? I think too many do too little. And believe me, I read a lot of news in order to draft a final “10 stories” newsletter…
Josiah Wilmoth – Crypto Coins News
FAO: Filecoin reached a record of $252m raised until now. Filecoin is first offering on CoinList (more coverage here). It was an amazing year for ICOs: Bancor $153m (reported here), Block.one $185m (reported here) and Tezos’ $232 mln (reported here).
Nick Ayton – The Cointelegraph
There are 100 ICOs planned for September 2017 and another 100 planned until the end of 2017. The list is growing each day and with it a plethora of new ICO platforms, service providers and PR & Marketing companies cashing in…
FAO: Remember the SEC’s warning last month? Just look at these numbers and think why does the SEC want to join the “cryptoverse”…
Tanzeel Akhtar – The Street
According to reports, it is estimated Ripple owns about 61% (or $16 billion) of XRP. It seems Ripple is still in its very early days but should not be disregarded, because it has billions of dollars worth of cryptocurrency on its balance sheet.
Brian Patrick Eha – American Banker
Japanese exchange bitFlyer plans to expand to the United States by opening a San Francisco-based exchange in the fall of 2017. San Francisco is where Kraken and Coinbase’s GDAX, two leading U.S. digital asset exchanges, are located.
FAO: That’s a bold move…
Leigh Cuen – IBT
FAO: Interesting read. Remember that Charlie Lee recently left Coinbase to focus on LTC.
Zheping Huang & Joon Ian Wong – Quartz
A decade ago, after a speculative coal boom fizzled, the once-thriving desert city of Ordos, in Inner Mongolia, became China’s largest ghost town, littered with unfinished or empty buildings and desperate for another way to make money. Blessed like most of China with cheap labor, land, and, most important, cheap electricity, Ordos threw open its doors to all-comers, including bitcoin, the stateless digital currency whose total market value has more than quadrupled this year to $70 billion, and whose ability to act as a kind of digital gold has captured the imaginations of governments, big banks, and small entrepreneurs.
FAO: Today’s must-read. A defunct coal mining city is brought back to life by another kind of mining.
The development of bitcoin options, futures and now bonds could help the often volatile digital currency become a better-established asset class.
FAO: Makes reference to Japan’s (and probably world’s) first BTC denominated bond – reported last week.
Adi Gaskell – Huffington Post
Last year the European Parliament voted for a system of ‘smart regulation’ that will see a light touch approach to regulating what is still a very nascent technology.
Blockchain & Bitcoin Conference – September 7, Stockholm – more info here
Dan Boylan – The Washington Times
Private analysts say that using blockchain could dramatically improve security across the U.S. military, preventing megahacks, tampering and cyberhijackings of vehicles, aircraft or satellites.
FAO: Governments across the world are already chasing Blockchain…and testing it too…
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News