Stellar’s Blockchain Briefly Goes Offline, Confirming the Project Lacks Decentralization

(Sourced from cointelegraph.com) Stellar’s network went offline for over an hour, raising questions over how truly decentralized the project is. The scenario was predicted by researchers earlier last month Cointelegraph By Stephen O’Neal https://cointelegraph.com/news/stellars-blockchain-briefly-goes-offline-confirming-the-project-lacks-decentralization

Seoul to Implement Blockchain in Citizen Cards, the Mayor Reveals

(Sourced from cointelegraph.com) The capital of South Korea plans to implement blockchain tech in an authentication system for citizen cards, the mayor of Seoul has revealed Cointelegraph By Helen Partz https://cointelegraph.com/news/seoul-to-implement-blockchain-in-citizen-cards-the-mayor-reveals

Dutch Bank ABN AMRO Abandons Wallie Custodial Bitcoin Wallet Citing Risk Concerns

(Sourced from cointelegraph.com) Plans to launch a custodial bitcoin wallet dubbed “Wallie” has been abandoned by Dutch bank ABN AMRO because of risk concerns Cointelegraph By Adrian Zmudzinski https://cointelegraph.com/news/dutch-bank-abn-amro-abandons-wallie-custodial-bitcoin-wallet-citing-risk-concerns

Hodler’s Digest, May 13–19: Top Stories, Price Movements, Quotes and FUD of the Week

(Sourced from cointelegraph.com) This week in the Hodler’s Digest, Bitstamp gets a very large bitcoin sell order, while the U.S. SEC delays the Bitwise BTC ETF, again. Cointelegraph By Molly Jane Zuckerman https://cointelegraph.com/news/hodlers-digest-may-1319-top-stories-price-movements-quotes-and-fud-of-the-week

Kik CEO Says Firm Spent $5+ Million on Negotiations With US SEC: Report

(Sourced from cointelegraph.com) Startup Kik allegedly spent over $5 million on its negotiations with the U.S. SEC Cointelegraph By Adrian Zmudzinski https://cointelegraph.com/news/kik-ceo-says-firm-spent-5-million-on-negotiations-with-us-sec-report

Inflation Bug Still a Danger to More Than Half of All Bitcoin Full Nodes

(Sourced from cointelegraph.com) Close to 50,000 bitcoin full nodes are still vulnerable to the inflation bug Cointelegraph By Osato Avan-Nomayo https://cointelegraph.com/news/inflation-bug-still-a-danger-to-more-than-half-of-all-bitcoin-full-nodes

Top 5 Crypto Performers: XEM, XLM, XTZ, BNB, IOTA

(Sourced from cointelegraph.com) After this week’s strong recovery and then dip, let’s check out the markets Cointelegraph By Rakesh Upadhyay https://cointelegraph.com/news/top-5-crypto-performers-xem-xlm-xtz-bnb-iota

Blockchain as Key to Vienna’s Digital Future — Interview with Ulrike Huemer, CIO of Vienna, Austria

(Sourced from cointelegraph.com) For Austria, blockchain is more than just a means of crypto-trading. Ulrike Huemer, the CIO of the capital city of Vienna, gave us an in-depth look at how the country seizes the potential of the nascent technology … Read More

Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves

(Sourced from cointelegraph.com) The latest third-party audit of its USD-pegged stablecoin USD Coin has been published by Goldman Sachs-backed crypto finance startup Circle Cointelegraph By Adrian Zmudzinski https://cointelegraph.com/news/circle-releases-another-attestation-report-on-stablecoin-usdcs-usd-reserves

In for the Long Haul — How the New Long-Term Stock Exchange Can Help the Crypto Industry

(Sourced from cointelegraph.com) Could a newly approved stock exchange be of use to the crypto industry? Cointelegraph By Craig Adeyanju https://cointelegraph.com/news/in-for-the-long-haul-how-the-new-long-term-stock-exchange-can-help-the-crypto-industry

Goxtrade Advertises Unaffiliated Staff and Misleading Contact Information

(Sourced from cointelegraph.com) Individuals listed as staff on Goxtrade’s website have denied involvement with the Bitcoin exchange Cointelegraph By Max Boddy https://cointelegraph.com/news/goxtrade-advertises-unaffiliated-staff-and-misleading-contact-information

Coinbase Earn Now Available to the Public in Over 100 Countries

(Sourced from cointelegraph.com) Coinbase Earn, a platform for earning crypto while learning about crypto, has opened up to the public in over 100 countries Cointelegraph By Max Boddy https://cointelegraph.com/news/coinbase-earn-now-available-to-the-public-in-over-100-countries

European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy

(Sourced from cointelegraph.com) In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy Cointelegraph By Ana Alexandre https://cointelegraph.com/news/european-central-bank-crypto-does-not-have-tangible-impact-on-real-economy

Bitstamp Starts Investigation After Large BTC Sell Leads to $250 Mln Liquidated on BitMEX

(Sourced from cointelegraph.com) Bitstamp launched an investigation after a large BTC/USD sell order resulted in a 20% bitcoin price decline on the platform Cointelegraph By Helen Partz https://cointelegraph.com/news/bitstamp-starts-investigation-after-large-btc-sell-leads-to-250-mln-liquidated-on-bitmex

Gaining Mass Adoption: Blockchain Platform Converts Users Fame Into Coffee and Clothes

(Sourced from cointelegraph.com) A decentralized platform that rewards content creators on social networks says it allows influencers to convert their fame into concert tickets, clothes and crypto #SPONSORED Cointelegraph By Sergi de Cornudella https://cointelegraph.com/news/gaining-mass-adoption-blockchain-platform-converts-users-fame-into-coffee-and-clothes

Sports Blockchain Venture Chiliz Announces Strategic Partnership With Binance Chain

(Sourced from cointelegraph.com) Sports fan engagement blockchain project Chiliz has announced a strategic partnership with Binance Chain, the mainnet of major cryptocurrency exchange Binance Cointelegraph By Marie Huillet https://cointelegraph.com/news/sports-blockchain-venture-chiliz-announces-strategic-partnership-with-binance-chain

New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction

(Sourced from cointelegraph.com) The New York Supreme Court has granted crypto exchange Bitfinex’s motion to modify an injunction by the New York Attorney General Cointelegraph By Aaron Wood https://cointelegraph.com/news/new-york-supreme-court-grants-bitfinexs-motion-to-modify-injunction

Proposed Securities Framework Wrong for Regulating Crypto Exchanges, Argues Kraken

(Sourced from cointelegraph.com) Kraken says no to proposed regulation of crypto exchanges by Canadian securities institutions Cointelegraph By Max Boddy https://cointelegraph.com/news/proposed-securities-framework-wrong-for-regulating-crypto-exchanges-argues-kraken

Blockchain Sister Startups Allegedly Pull $8 Million Exit Scam

(Sourced from cointelegraph.com) RepuX and JoyToken alleged to pulled initial coin offering (ICO) exit scam worth a combined $8 million Cointelegraph By Max Boddy https://cointelegraph.com/news/blockchain-sister-startups-allegedly-pull-8-million-exit-scam

Crypto Exchange BitMEX Reveals Most of Its Users Don’t Use Maximum Leverage

(Sourced from cointelegraph.com) The maximum 100x leverage offered by the Hong Kong cryptocurrency derivatives trading platform BitMEX is rarely used Cointelegraph By Adrian Zmudzinski https://cointelegraph.com/news/crypto-exchange-bitmex-reveals-most-of-its-users-dont-use-maximum-leverage

Estonian Consulting Firm Claims It’s Harder to Get a Crypto License Following Regulation

(Sourced from cointelegraph.com) It will be harder to get a cryptocurrency license in Estonia after this month’s new regulatory changes, according to Estonian consulting firm Eesti Cointelegraph By Adrian Zmudzinski https://cointelegraph.com/news/estonian-consulting-firm-claims-its-harder-to-get-a-crypto-license-following-regulation

Louis Vuitton and Christian Dior Owner Unveils Blockchain Platform to Verify Luxury Goods

(Sourced from cointelegraph.com) ConsenSys has teamed up with LVMH and Microsoft to build a blockchain platform that allows consumers to verify the authenticity of luxury goods Cointelegraph By Thomas Simms https://cointelegraph.com/news/louis-vuitton-and-christian-dior-owner-unveils-blockchain-platform-to-verify-luxury-goods

Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Should Be Public

(Sourced from cointelegraph.com) The CEO of Polychain Capital CEO says Facebook will find the most success if it relinquishes authority over the blockchain of its rumored native cryptocurrency Cointelegraph By Max Boddy https://cointelegraph.com/news/polychain-ceo-says-facebooks-rumored-stablecoin-blockchain-should-be-public

Crypto Exchange Seed CX Adds Support for Three Stablecoins

(Sourced from cointelegraph.com) Seed CX cryptocurrency exchange adds support for stablecoins Paxos, USD Coin, and TrueUSD Cointelegraph By Max Boddy https://cointelegraph.com/news/crypto-exchange-seed-cx-adds-support-for-three-stablecoins

Bitcoin Cash Experiences Bug During Scheduled Hard Fork Upgrade

(Sourced from cointelegraph.com) Bitcoin cash experienced some difficulties processing transactions during a planned hard fork Cointelegraph By Ana Alexandre https://cointelegraph.com/news/bitcoin-cash-experiences-bug-during-scheduled-hard-fork-upgrade

Brian Armstrong: Coinbase Custody Has $1 Billion of Crypto Under Management

(Sourced from cointelegraph.com) In just 12 months after its launch, Coinbase Custody already has $1 billion in crypto under management, CEO Brian Armstrong says Cointelegraph By Ana Berman https://cointelegraph.com/news/brian-armstrong-coinbase-custody-has-1-billion-of-crypto-under-management

Luxury Fashion Brand Alyx to Use Iota’s DLT for Supply Chain Tracking

(Sourced from cointelegraph.com) Iota’s distributed ledger technology will be used for supply chain tracking by luxury fashion brand Alyx Cointelegraph By Adrian Zmudzinski https://cointelegraph.com/news/luxury-fashion-brand-alyx-to-use-iotas-dlt-for-supply-chain-tracking

Opera Web Browser Crypto Wallet Launches Support for Tron, TRC-Standard Tokens

(Sourced from cointelegraph.com) Web browser Opera has added support for tron (TRX) and TRC-standard tokens to its built-in crypto wallet Cointelegraph By Marie Huillet https://cointelegraph.com/news/opera-web-browser-crypto-wallet-launches-support-for-tron-trc-standard-tokens

Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading Suspended

(Sourced from cointelegraph.com) Hacked New Zealand-based cryptocurrency exchange Cryptopia has gone into liquidation and suspended trading services Cointelegraph By Marie Huillet https://cointelegraph.com/news/hacked-new-zealand-exchange-cryptopia-appoints-liquidators-trading-suspended

German State Announces Plan to Establish European Blockchain Institute

(Sourced from cointelegraph.com) Germany unveils plans for the European Blockchain Institute, a blockchain research center to be based in Dortmund Cointelegraph By Max Boddy https://cointelegraph.com/news/german-state-announces-plan-to-establish-european-blockchain-institute