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EOS Locked 7 Accounts and It Has Implications for Everyone in Crypto

In an effort to stop several thefts, seven accounts of the EOS blockchain were frozen on June 16.

At face value, many will see this move by the 21 block producers (BPs) in charge of validating transactions on the newly live blockchain as a success in stopping malicious actors from bilking several users out of more than $20,000 in EOS. But others are concerned that such a centralized decision will have far-reaching implications in the future – and not just for EOS, but many other blockchains as well.

https://www.coindesk.com/eos-locked-7-accounts-implications-everyone-crypto/

Why Ripple’s CEO Attacks Bitcoin? Huh

According to various media reports, Ripple’s CEO Brad Garlinghouse stepped up his recent attacks on bitcoin during a speech at the 2018 Stifel Cross Sector Insight Conference in Boston, telling the crowd:

“I’ll tell you another story that is underreported, but worth paying attention to. Bitcoin is really controlled by China. There are four miners in China that control over 50% of Bitcoin. How do we know that China won’t intervene? How many countries want to use a Chinese-controlled currency? It’s just not going to happen.”

https://cryptonews.com/exclusives/why-ripple-s-ceo-attacks-bitcoin-2050.htm

Kenya Has Its First Bitcoin ATM

The first Bitcoin ATM has been installed in Nairobi, making it the first in East Africa, which makes it possible to purchase Bitcoins and Litecoins instantly. The traders can purchase the cryptocurrencies for as little as $5, and they can pay for them in both dollars and Kenya shillings.

Read more: https://cryptodaily.co.uk/2018/06/kenya-has-its-first-bitcoin-atm/

It seems like Ukraine is close to be loyal for allow bitcoin usage and payent in their country, instead of Russia, who are gaving a bad attitude towards BTC and crypto in general.

Brazil's Central Bank Plans Blockchain Data Exchange for Regulators

Brazil could soon have a new blockchain platform to ensure the authenticity of information exchanged between the country's financial authorities.

https://www.coindesk.com/brazils-central-bank-plans-blockchain-data-exchange-for-regulators/

Tether Review Claims Crypto Asset Fully Backed – But There's a Catch

Nearly six months after parting ways with its auditor, Tether has finally produced a third-party report proclaiming that its cryptocurrency is fully backed by U.S. dollars – with some big caveats.

https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/

Litecoin (LTC) Consolidates Above $90, Eyes A Break Past $100 In The Days Ahead

Litecoin (LTC) continues to be an investors’ favorite in the crypto community. Despite the recent improvements to Bitcoin (BTC) and the growing use of Bitcoin Cash (BCH) to transfer funds to and fro, the significance of Litecoin (LTC) does not seem to be affected at all. When Charlie Lee, the founder of Litecoin (LTC) sold all of his Litecoin (LTC) and distanced himself from the project, many thought this would accelerate the end of this cryptocurrency that is losing its relevance every passing day. However, nothing of the sort happened and even institutional investors today continue to hold Litecoin (LTC) in high regard.

Read more: https://cryptodaily.co.uk/2018/06/litecoin-ltc-consolidates-above-90-eyes-a-break-past-100-in-the-days-ahead/

With ARK mostly attending US & EU conferences to date, it is time to change the scenery and visit one of the biggest blockchain summits in South Korea. We can’t wait to meet our supporters in the region and make new friends as we continue to spread the word about ARK across the globe. If you are attending, be sure to stop by our booth, say hello, and grab some swag!
https://blog.ark.io/ark-is-going-to-asia-sponsoring-korea-blockchain-summit-3ecbbb40a7f5

June Ethereum London Meetup at Imperial! Tiiqu - Vega Protocol and Brave!
https://www.meetup.com/ru-RU/ethereum/events/250879226/

Stablecoin Project Secures Backing From Peter Thiel, Coinbase, 40 Others

A new project for a stabilized cryptocurrency that would function “like normal money,” has received backing from Peter Thiel, Coinbase, Distributed Global, GSR.IO and 40 others, according to a press release shared with Cointelegraph June 20...Read More

Why Coinbase’s Support for Ethereum Testnets & ERC-20 Tokens Matters

Toshi, the Ethereum-based decentralized application browser and wallet operated by Coinbase, the world’s largest cryptocurrency exchange, brokerage, and wallet platform, has added support for Ethereum testnets and custom ERC-20 tokens.

Coinbase Roadmap
Lsat week, upon the integration of Ethereum Classic (ETC), the Coinbase team told its users and investors that the mid-term strategy of the company is to eventually support the entire ERC-20 token standard of Ethereum, including initial coin offering (ICO) tokens and independent blockchain projects.

The official statement of Coinbase released on June 12, read:

“We have previously announced our intention to support the ERC20 technical standard and Bitcoin forks. We will announce the intention to add specific assets within those categories prior to final engineering integration. This is consistent with our public process for adding new assets.”

Dan Romero, the general manager and vice president of Coinbase, acknowledged that the company’s integration of Ethereum Classic could come across as a surprising decision to the majority of traders. Romero emphasized that at the current phase of cryptocurrency regulation, especially, in the US, it is of utmost priority of the company to integrate digital assets that in no way can be categorized as securities.
https://www.ccn.com/why-coinbases-support-for-ethereum-testnets-erc-20-tokens-matters/

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House Rules Politicians Must Disclose Crypto Investments Above $1K

Members of the House of Representatives, the lower chamber of the U.S. Congress, must begin disclosing cryptocurrency investments that exceed $1,000.

https://www.coindesk.com/crypto-investments-us-house-reps-investments/

BITCOIN AND PAYPAL SHAKE BANK STOCKS, ACCORDING TO JIM CRAMER

Days after the Federal Reserve’s major announcement that it would hike short-term interest rates four times instead of three in 2018, bank stocks have failed to improve as expected. Jim Cramer shared his take on the matter, outlining the rising popularity of Bitcoin and other blockchain-based technologies as one of the possible reasons.

Read more: http://bitcoinist.com/bitcoin-and-paypal-shake-bank-stocks-according-to-jim-cramer/

Analysts Concerned About Crypto Mining Impact on AMD Share Price

While Advanced Micro Devices Inc.’s (AMD) shares have seen substantial growth in the past month due to a cryptocurrency mining boom, two analysts warn that investors could be disappointed should mining die down, MarketWatch reported June 20...Read More

Amsterdam's Airport Lets Travelers Swap Leftover Euros for Cryptos

Schiphol – the international airport serving the Netherlands' capital city, Amsterdam – is launching an ATM that will allow travelers to exchange their euros for bitcoin or ethereum.

https://www.coindesk.com/amsterdams-airport-lets-travelers-swap-leftover-euros-for-cryptos/

Goldmoney Announces Dealing and Institutional Crypto Custody Partnership with Malbex

TORONTO, June 21, 2018 (GLOBE NEWSWIRE) -- Goldmoney Inc. (TSX:XAU) (“Goldmoney”) (the “Company”), a precious metal financial service and technology company, today announced a new dealing and third-party custodian relationship with Malbex Resources Inc. (TSXV:COIN) (“COIN”), a merchant banking and financial advisory company focused on investments in cryptocurrency and blockchain sector assets (soon to be renamed COIN Hodl Inc.).

Read more: http://globenewswire.com/news-release/2018/06/21/1527760/0/en/Goldmoney-Announces-Dealing-and-Institutional-Crypto-Custody-Partnership-with-Malbex.html

National Chinese Science Academy Launches Blockchain Lab

China's federal science institution, the Chinese Academy of Sciences, is taking part in a new research effort around blockchain.

https://www.coindesk.com/national-chinese-science-academy-launches-blockchain-lab/

This $575 Million ICO With Royal Backing Is So Crazy, It Might Be Real

Crypto loves Lamborghinis.

So much so it seems that a startup looking to release movies – early offerings include a biopic about the founder of the car company and his feud with the founder of Ferrari – has raised a whopping $575 million off its private sale of TTU crypto tokens from investors including BlockTower Capital and even a prince.

https://www.coindesk.com/575-million-ico-royal-backing-crazy-might-real/

Quebec Asks Crypto Miners How Much They’ll Pay for Electricity

Cryptocurrency miners’ appetite for cheap electricity is being put to the test by Quebec.

https://www.bloomberg.com/news/articles/2018-06-21/how-much-will-you-pay-for-electricity-quebec-asks-crypto-miners?srnd=cryptocurriences