by Florin Oprea
FAO: More articles bringing more details about China’s move, first reported yesterday…
Joon Ian Wong, Zheping Huang – Quartz
The sale of cryptographic tokens, a market that has boomed this year, has been deemed an “illegal fundraising practice” by China’s central bank. In a notice, the regulator ordered all such offerings to be halted, for exchanges to stop trading in the tokens, and for funds already raised to be returned to investors.
Saheli Roy – CNBC
Regulators are about to begin scrutinizing China’s ICOs — an industry worth hundreds of millions of dollars.
Ryan Dinse – Money Morning
Rich investors are going nuts for crypto.That’s if the number of new crypto hedge funds opening up is anything to go by…There are more dedicated cryptocurrency hedge funds out there than ever before. And even more are due to start later this year.
FAO: Yip. The latest report (you can check it here) identified at least 55 crypto hedge funds. The “cryptoverse” is getting bigger by the month. Let’s see how China’s move will impact this trend…
Lulu Yilun Chen – Bloomberg
Sequoia Capital and IDG Capital are investing in Beijing-based Bitmain Technologies Ltd., the world’s largest bitcoin mining organization, according to people familiar with the matter.
Joshua Althauser – The Cointelegraph
Trickbot has been a hot topic for attacking financial sectors. It has plagued the banks around the world. According to FraudWatch, the way Trickbot penetrates the banking systems is by using a malvertising campaign.
The Trickbot Trojan hamper significantly in US, UK and Australia in a new spam campaign which is Nercus-powered by productive botnets.
David Moskovitz – Venture Beat
As the crypto-token market heats up, Singapore has emerged as one of a few key hubs for blockchain startups wanting to launch an initial coin offering (ICO).
FAO: In the light of current events in China I believe Singapore will grow even hotter/bigger.
Josiah Wilmoth – Cryptocoins News
The cryptocurrency markets plummeted on Monday following a report that the Chinese central bank had issued a blanket ban on ICOs.
FAO: Tuesday, at the time of writing, crypto markets were going up…
Sanja Petkovic, Arnab Sinha – CoinDesk
Dutch organizations and banks have been at the forefront of European blockchain initiatives since 2013–14. Driven by the dire need to improve RoE, these initiatives experimented on the technology’s potential to enhance efficiency, trust, transparency, reach and innovation in the banking model.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News