Payments app Square App is looking to develop a symbol for the Satoshi, the smallest unit of bitcoin, and has tasked its Twitter followers with coming up with the design.
<h1>Square App Looks To Give The Satoshi Its Own Symbol</h1>
<h1>Tether Launches Stablecoin On Blockstream Sidechain</h1>
Blockstream’s sidechain, Liquid Network, will now play host to its own version of Tether’s stablecoin, dubbed Liquid USDT. As of today, Liquid USDT will be available for withdrawal and deposit on Bitfinex’s platform, the stablecoin issuer’s affiliated crypto exchange.
<h1>Ripple CEO Writes Open Letter To Congress Regarding Crypto Regulation</h1>
In an open letter to Congress, Ripple CEO Brad Garlinghouse let regulators know that Ripple isn’t out to destroy the banking sector and that the project is working to “serve the greater good.”
<h1>Zuckerberg Promises Slow And Steady Approach To Libra’s Launch</h1>
Echoing statements made by Libra project lead David Marcus during Facebook’s congressional hearings last week, Mark Zuckerberg promised to spend “however long it takes” to get regulators on board with Libra before launching the cryptocurrency.
<h1>Presidential Candidate Andrew Yang Launches Crypto-Friendly Super PAC</h1>
Andrew Yang’s super PAC will only accept Lightning-powered bitcoin donations for its first 21 days. Afterward, the super PAC will begin accepting fiat donations along with bitcoin.
<h1>BSV Miners Aren’t Sure When The Network Is Scheduled To Hard Fork</h1>
BitcoinSV’s upcoming hard fork is meant to increase the size limit of the network’s blocks. The problem is, the blockchain’s miners can’t quite figure out when the hard fork is meant to take place.
<h1>Facebook And Instagram See Influx Of Libra Scams</h1>
Though the social media giant has been able to remove many of the Facebook and Instragram accounts claiming to sell the not-yet-available Libra, some US regulators have taken the spread of Libra scams as another piece of evidence that Mark Zuckerberg and company are not fit to launch their own cryptocurrency.
<h1>German Central Bank President Sees Hope For Libra</h1>
During the G7 meeting in France last week, Jens Weidmann, president of Bundesbank, Germany’s central bank, came out in favor of Facebook’s Libra project, noting that regulators should not work to suppress innovation before clarifying details can be provided.
<h1>Wrapped Bitcoin Locks Up 550 Bitcoin</h1>
Acting similarly to a US-based stablecoin being backed by the US dollar, wrapped bitcoin, an Ethereum-based token backed by bitcoin and pegged to its value, has locked up 550 bitcoin in its protocol.
<h1>Alphabets Of Blockchain: Zcash Prepares For Ycash Hard Fork</h1>
Zcash’s upcoming hard fork will produce a nearly identical codebase for a new blockchain, dubbed Ycash, which will act as a Zcash competitor.
<h1>Bitcoin Appears To Be A Night Owl</h1>
Crypto analytics company Crypto Data Download has released a study showing that bitcoin’s price is most volatile from midnight to 1 a.m. UTC. The combination of North America logging off at the end of the day and Asia just getting started causes the perfect price fluctuation storm.
<h1>Tether Accidentally Printed $5 Billion Worth Of USDT</h1>
While helping the crypto exchange Poloniex move $50 million worth of USDT from the Omni blockchain to the Tron blockchain, Tether inadvertently printed $5 billion worth during the transfer, citing human error.
<h1>Donald Trump’s Outdated Take On Bitcoin</h1>
Coming in the form of a Twitter tirade, President Donald Trump said he was “not a fan” of bitcoin because of its volatility and use in drug trafficking. Similarly, Trump also took aim at Facebook’s Libra project, stating the cryptocurrency would have “little standing or dependability.”
<h1>Blockstack Receives SEC Approval For Public Token Sale</h1>
The US Securities and Exchange Commission has given approval to blockchain startup Blockstack to hold a public sale of its Stack tokens. Investors will be able to use Stack tokens as currency on the Blockstack network.
<h1>Antpool Loses $150K In BTC Mining Mix-Up</h1>
Bitmain-owned mining pool Antpool lost its 12.5 BTC mining reward after the network’s full nodes rejected the newly created block, noting that the block’s “coinbase transaction” did not match the Bitcoin protocol.
<h1>Congressional Candidate Wants To Issue Tokens To Volunteers</h1>
Federal officials are set to approve congressional candidate Omar Reyes’ plan to issue volunteers ERC-20 tokens, dubbed Omar2020, that will hold no monetary value but instead act as a “digital scoreboard” for campaign volunteers.
<h1>Congressional Candidate Wants To Issue Tokens To Volunteers</h1>
Federal officials are set to approve congressional candidate Omar Reyes’ plan to issue volunteers ERC-20 tokens, dubbed Omar2020, that will hold no monetary value but instead act as a “digital scoreboard” for campaign volunteers.
<h1>Solve This Math Problem, Steal All The Bitcoin</h1>
The P versus NP problem is one of seven Millennium Prize Problems, meaning the Clay Mathematics Institute of Cambridge, Massachusetts, will award $1 million to whoever manages to prove or disprove the statement. However, according to theoretical computer scientist Scott Aaronson, the person who solves the problem should ignore the million-dollar prize and just steal a bunch of bitcoin.
<h1>Facebook Responds To Open Letter From Congress</h1>
David Marcus, overseer of the Libra project, posted on Facebook that the company is ready and willing to work with world regulators – and that the best part of Libra is that users won’t have to trust Facebook.
<h1>Telegram’s Planned July Gram ICO Adds Another Strange Fold</h1>
When the Gram ICO was announced at the beginning of June, the cryptosphere was wary about the Gram tokens being sold by a third party on the crypto exchange Liquid. Now investors will find the Gram price will be set at $4, though a 50 cent discount will be given to those who pay using Liquid’s QASH cryptocurrency.
