The early returns of the first ever presidential election tracked on a blockchain are in, but some problems not even distributed ledgers can solve.
<h1>$600 Million Magic, Strange Moves On The Tether Charts</h1>
During a defining five-minute period on January 27, 2018, the nominal market cap of Tether rose by more than $600 million. Today, close to 40 percent of USDT trade occurs on OKEx and Binance.
<h1>Citizen Lab Investigation: Malware Used To Covertly Mine Cryptocurrency In Egypt</h1>
A bombshell investigation by the University of Toronto’s Citizen Lab reveals startling evidence that sophisticated malware developed by a Canadian software firm was disseminated through a prominent Egyptian telecom company, infecting user devices with cryptocurrency mining scripts.
Fake ‘Telegram ICO’ Websites Just Won’t Go Away
CoinDesk has identified several websites claiming to sell Telegram’s gram token, but the sale is known to be a private placement effort.
<h1>New US House Bill Calls For Report, Strategy On Cryptocurrency</h1>
A bill currently in the House of Representatives calls for a report on (and strategy to combat) the use of cryptocurrencies in financing terrorism, laundering money, evading US sanctions, and otherwise threatening American national security.
Dutch Finance Minister Calls for ICO Regulations
The finance minister of the Netherlands has called for new regulations around cryptocurrencies and initial coin offerings.
<h1>Congressional Committee To Hold Cryptocurrency, ICO Hearing</h1>
On the morning of March 14, 2018, the House Financial Services Committee will host a hearing on cryptocurrencies and initial coin offerings (ICOs).
Vitalik Reveals New Idea for Plasma Scaling On Ethereum
Vitalik Buterin discussed a new idea Friday for a scaling solution that envisions how the capabilities of the ethereum blockchain might be expanded.
<h1>PBoC Governor: Digital Currency Could Replace Cash In China</h1>
The governor of the People’s Bank of China has suggested that physical money may be supplanted by its digital counterpart in the country.
<h1>Canadian Regulator: FBI Encouraged Facebook To Remove Crypto Ads, Google Should Follow Suit</h1>
A senior investigator at the Manitoba Securities Commission has revealed that the choice by Facebook to remove cryptocurrency-related ads was not brought on by the company’s collective nagging conscience, but by pressure from the FBI. Google might soon be feeling that pressure as well.
PBoC Chief Won’t Rule Out Distributed Ledger for New State Currency
PBoC chairman Zhou Xiaochuan said the central bank will one day have a digital currency, though several requirements must be met first.
<h1>PACcoin, A Tiny Cryptocurrency, Just Returned From The Moon</h1>
On Friday, a tiny, virtually unknown cryptocurrency went to the moon for a few minutes. It appeared that in a straight-line trajectory, PACcoin suddenly began trading for more than 1000 times its historical price.
Tennessee Is Closer to Barring Retirement Funds from Crypto Investments
The Tennessee Senate Ways and Means Committee has voted to advance a bill banning public retirement trusts from investing in cryptocurrencies.
Congress Must ‘Push Back’ Against Overregulation of Blockchain, Says US Rep
“Keeping the dogs at bay” is Rep. Tom Emmer’s goal. The Congressional Blockchain Caucus member worries overzealous regulation could stifle innovation.
Marc Andreessen, Craft Ventures Back Crypto Hedge Fund Multicoin
Crypto investment fund Multicoin Capital has announced that investors including Marc Andreessen are taking part in its $250 million flagship fund.
Bitcoin Drops 20% But Wasn’t Week’s Big Crypto Price Loser
How bad were the crypto markets this week? Bitcoin lost nearly one-quarter of its value and it still wasn’t the week’s big loser.
OKCoin CEO Hints at China Cooperation In Leaked Chat
Star Xu, the founder of Chinese crypto exchange OKCoin, is sparking controversy with remarks his firm may be open to working with the government.
Cash for HODL? NY Wealth Manager to Issue Loans Against Bitcoin
New York family office Dominion Capital is launching a product for a new breed of consumer that’s “crypto rich” but low on cash.
Bitcoin Mining Giant Bitmain Sets Up Secret US Subsidiary
New reports indicate that crypto mining firm Bitmain is quietly preparing to open new facilities in Washington state.
Cannabis Publication to Launch on Civil’s Decentralized News Platform
Cannabis Wire, a trade publication dedicated marijuana industry coverage, is launching a newsroom on blockchain-based journalism platform Civil.