[RECAPITULATION] 20th And 21st Week Of The Cryptomarket

Hello fellow Steemians!

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Important events of the previous week:

🔸 One of the most important crypto-conferencing, Consensus 2018 (14-16 May 2018), did not have such a positive effect on cryptographic markets as expected. Growth took place predominantly days before the conference, the rest of the week we see more red signs.

🔸The electronics manufacturer HTC has announced the development of the Blockchain based smartphone. This cell phone should support multiple blockchain protocols like BTC, ETH, Lightning Network, and so on. The company considers that one of the payment options could be crippled for buyers of this smartphone.

🔸 Jack Dorsey, Twitter's CEO on Wednesday at the Consensus 2018 conference, expressed great optimism about the further development of cryptosmul. In his opinion, the Internet deserves and will also have its natural currency. In virtual currencies, therefore, they see the future of payments on a global scale.

🔸The Wall Street Journal analyzed a total of 1,450 ICOs and, according to the results, almost 19% of them show signs of fraudulent projects. Such features include the provision of untrue information about their location, the lack of transparency of funds, or even the copying of the Whitepaper from other projects. Zhao Changpeng, Binance Exchange CEO, says fraudulent projects are in any industry, so they do not wonder if they have come to the crypto market.

🔸The new program for the hidden mining of the cryptocurrency Monero, which during just three days of existence infected nearly half a million computers and extracted around 133 XMR. It's unique in that if malware is installed on your computer, it gets access to the main processes of the system. When you attempt to remove it, then your computer's operating system collapses. So far, the only known defense is to have activated antivirus program (such as Avast) that will not allow the initial installation.

What events to expect in the coming week?

🔸Russian Blockchain Week - this is again a larger-scale conference with more than 100 crypto-world worlds for more than 1,500 participants. This conference will take place from 21 to 25 May in Moscow.

🔸The Binance Exchange will be available from Tuesday, May 22. to trade in a pair with the True USD cryptocurrency. This cryptograph has the same function as the already known Tether, that is to be a stable 1 dollar digital payer. However, the report on the listing of this cryptocurrency on the Binance exchange had caused some turmoil, since boots, automatic trading systems, after this news TUSD began to buy in bulk, and the generally stable price climbed at one point to $ 1.3.

🔸24. and 25.5. another big conference on behalf of TheNextWeb will take place in Amsterdam. You can view the program at the official event site: https://thenextweb.com/conference/schedule/day-1

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