Crypto News (07/05/2017)

in #news7 years ago

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Bitcoin

How two countries helped drive the recent rise in cryptocurrency prices (TechCrunch)

With cryptocurrency liquidity in China experienced stagnation earlier this year, the Japanese bitcoin market exploded, with demand reaching new heights.

Fourth Largest Cryptocurrency Exchange Was Hacked. Users Lose Ethereum & Bitcoin (Bleeping Computer)

More facts came to light on Monday, when pressured by local media, the company revealed that the breach occurred after an unknown attacker hacked the personal computer of a Bithumb employee, from where he stole the details of over 31,800 Bithumb users — about 3% of the platform's entire userbase.

Altcoins

‘Useless’ Token Debut Turns Shit(coins) Into Gold (The Cointelegraph)

The plethora of Ethereum-based ICOs and accompanying tokens, which continue to generate billions of dollars, have frequently caused commentators and investors alike to wonder what tangible value the underlying projects represent.

Blockchain

The World Economic Forum Might Not Be Ready to Lead a Blockchain Revolution (Coindesk)

Most of this leader-level community is not very well versed in blockchain. In fact, they may know the term, but they don't know much about where the technology is right now and how it may be applied in multi-faceted ways throughout society. – Richard Samans, WEF Managing Director

What Monopoly? Blockchain Startup Setl Sets Sights Beyond Australia (Coindesk)

It’s great to have a flagship [country], said Randall. But you know what, let’s just get on with it.

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