CryptoSlate Week In Review - Sun, Feb 03 2019

Read this email online online if it doesn't display correctly Washington State Introduces Bill Encouraging Development of Blockchain and DLT The Washington State Senate introduced a bill that would—through amending existing legislation—encourage the development of distributed ledger and blockchain technology. The bill appears to codify blockchain-enabled… Read more › LocalBitcoins Hacked, Security Breach Allowed Unauthorized Transactions LocalBitcoins detected a security breach that allowed "unauthorized sources" to access and send transactions from a number of affected accounts. So far, there have been six confirmed cases of the breach. The… Read more › $2.1 Trillion Fund Management Firm Fidelity Launching Bitcoin Custody in Q1 of 2019 Fidelity Investments, the world's fifth largest asset managers with $2.5 trillion under management, is launching a Bitcoin custodial product aimed at institutional investors to expand its "Digital Asset" service. Read more › Consortium of 11 Indian Banks Launch Blockchain-Linked Funding for Small Businesses Eleven Indian banks have joined an initiative that may change the way small businesses obtain loans, via blockchain. The blockchain-linked loan system will focus on small and medium enterprises and aims to… Read more › Decentralized Databases Could Address Blockchain's Scalability Issues Blockchains are slow and bottlenecked by limited scalability. Meanwhile, decentralized databases maintain many of the benefits of a blockchain while potentially addressing scalability. Are these systems a… Read more › Ethereum Classic's 51 Percent Attack Highlights the Challenges of Proof-of-Work Coins On Jan. 5th, Ethereum Classic (ETC) suffered a 51% attack losing a total of more than US$1 million spread over 15 different transactions. The scale of this attack can offer some lessons to the challenges faced… Read more › Van Eck: Crypto Investors Return to Gold as SolidX BTC ETF Withdrawn Jan Van Eck, CEO of Van Eck Associates, told CNBC's ETF Edge that he believes many investors who sold gold for bitcoin during its climb to $20,000 are now returning to precious metals. His reasoning: the CBOE's… Read more › TRON's BitTorrent ICO Raises $7 Million in 15 Minutes Binance Launchpad, the token launch platform of Binance, conducted an ICO of TRON's BitTorrent tokens (BTT) on Jan. 28th., with tokens selling out in less than 15 minutes. Almost 60 billion tokens were sold… Read more › Brave Browser Teams Up with Cheddar to Engage "Crypto Crazed" Users Cheddar, a popular live-streaming financial news network, announced a partnership with Brave Software—the privacy browser behind Basic Attention Token. The move leverages Cheddar's viewers who are "obsessed… Read more › Meet the Crypto Cult, the Colorful Cast of Cryptocurrency's Wild West Over the past two years, crypto has often been referred to as the Wild West, and for good reason. Cryptocurrency has been an unregulated digital frontier where the fringes of society speculated feverishly—and… Read more › Join our community: This Message was sent by GetResponse. Unsubscribe to stop future mailings.

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