Both Eminem and Yahoo Finance Embrace Bitcoin in Wins for Crypto Adoption

Main stories of this week [19659003] Yahoo Finance integrates Bitcoin, Ethereum and Litecoin on iOS app

Yahoo Finance has integrated BTC, ETH and LTC on its iOS app this week, with a version that appears and disappears briefly on its desktop version although Yahoo has noticed that the desktop, the mobile web and the version of Android will not be available for several weeks A press release from Yahoo Finance notes that users wishing to exchange crypto on Yahoo Finance must link a broker account via the integrated TradeIt third-party service. [19659004] "Operation Cryptosweep" produces more than 200 investigations related to cryptography

The North American Securities Administrators Association (NASAA) announced this week that their "Operation Cryptosweep", which is an investigation into potentially invasive crypto inv fraudulent has led to over 200 investigations on ICO and investment products related to cryptography. NASAA noted that investors should perform their due diligence prior to investing in cryptographic projects and stated that any security-qualified project should be registered with the appropriate regulatory agencies or request an exemption from registration.

Report: North Korea has attempted to undermine BTC, while the local business develops the BTC exchange

According to a report by the South Korea Development Bank (KDB), North Korea (DPRK), managed by the state, has attempted to extract Bitcoin (BTC). According to a local newspaper, the mining attempt – which was reportedly carried out on a "small scale" between May and July 2017 – seems to have been unsuccessful. The KDB research team also reported that the North Korean technology company Chosun Expo is currently in the process of developing a crypto BTC exchange, without further details provided.

JPMorgan CIO thinks Blockchain "will replace the existing technology" in a short time

Lori Beer, JPMorgan's chief information officer, believes that blockchain technology will eventually replace the current technology in a few years. According to an Argentinian media source, Beer noted that JPMorgan uses blockchain technology to "simplify the payment process and store customer information related to KYC (Know Your Customer)" policy. Beer also added that the bank currently supports only is regulated in terms of cryptocurrencies and has specialists who are "evaluating what is going on".

Bitcoin mentioned on the new album by Eminem "Kamikaze"

rapper Ryan Daniel Montgomery, better known as Royce Da 5 & # 39 ;, cited the bitcoin cryptocurrency on the new rapper Eminem album, " Kamikaze." In "Not Alike", the ninth track of the new album, co-starring Royce Da 5 & # 39; 9 "sings:

" Remember that everyone was biting Nickel, now everyone makes Bitcoins. "Forbes describes the line as an important sign of the presence of Bitcoin in mass culture and the awareness that the cryptocurrency has a series of cases of use beyond the criminal.

Most Memorable Quotations

" I am not sure that the manipulations of the market are tied directly to the Tether, if they exist. It was a set of unregulated market exchanges that allows big players to do what they want […] Ideally we will get a little more regulation of those centralized exchanges, at least "- Joseph Lubin, founder of Ethereum

" I would like to see more [talk around] Lightning Network and sidechain, ways to help Bitcoin and Litecoin to climb in. I think with the depressed price, it's actually a good time for people to get things done […] This is what I've seen in the last few markets actually, "- Charlie Lee , founder of Litecoin

" We will see more and more use broad of the blockchain […] In a few years blockchain sosti the existing technology will co-exist, today it coexists only with the current one "- Lori Beer, chief information officer at JPMorgan

Laws and Taxes

Poland presents New Cry pto Legislation for reflection

The Polish legislators have presented a new long-awaited law to clarify the current policy of cryptocurrency, which the local cryptic community had resisted at the beginning of this year. The bill, which defines cryptocurrencies in terms of the law on combating money laundering and terrorist financing as a "digital representation of money" notes that crypto-cryptographic transactions carried out on the stock exchange or individually will be tax-free, while revenue from the sale of services, property and assets will be treated as revenue for tax purposes.

California passes the law to create Blockchain Tech Working Group

California AB 2658, a law that requires the establishment of a working group on blockchain technology, has passed into both houses of the state legislature and now he will head to the governor for approval. The bill requires the Secretary of the Government Operations Agency to form a blockchain working group by July 1, 2019 which should contain participants from both technological and non-technological industries as well as law enforcement officers , and representatives of privacy and consumer organizations .

Adoption

OpenFinance launches the regulated alternative trading system for security tokens

OpenFinance, a security token trading platform, has launched a regulated alternative trading system (ATS) for security tokens, according to information shared with Cointelegraph this week. L & # 39; ATS, defined in the United States and Canada, is a trading venue with no exchange that corresponds to buyers and sellers to find counterparties for transactions .

Report: CBOE believes to launch Ethereum Future s

According to a Business Insider report, CBOE Global Markets, owner of the Chicago Board Options Exchange (CBOE) and one of the world's largest trading holding companies, is seeking to launch futures for Ethereum (ETH) by the end of 20 18. According to sources, the base CBOE will base its future on ETH on the underlying market of Gemini . Business Insider wrote that the exchange is awaiting approval by the CFTC before the official launch.

Lloyd & # 39; s of London to ensure custody of cryptocurrencies

Lloyd & # 39; s of London, a leading insurance market in the UK founded in 1686, announced this week that securing an encryption platform of the custody held by Kingdom Trust, a US custody company. Kingdom Trust, which serves over 100,000 customers and has assets of $ 12 billion in custody, is the "first" regulated financial institution to offer qualified custody for investments in digital assets. The company is now launching insurance coverage for the digital currency to protect investors from theft and destruction of assets .

The Japan Messaging App launches a cryptocurrency, an internal blockchain

this week on the launch of its own cryptocurrency and internal blockchain. The LINK mainnet chain is a service-oriented "block-service" network that will allow direct application of the dApps to the LINE messaging platform. According to LINE, a total of 1 billion LINK tokens will be released to users of its platform with 20% retained as a corporate reserve.

Mergers, acquisitions and partnership

Alipay, Ant Financial Partner with the Chinese authorities for Blockchain

Alipay and its parent company Ant Financial cooperated with local Chinese authorities to use the blockchain to confirm the authenticity of rice from the Wuchang region According to local media, the agreement with the municipal government of Wuchang in Heilongjiang Province aims to stop the counterfeit versions of the well-known Wuchang rice that put it on the market Local media have also noted that warehouse, delivery and distribution will be available to customers in real time and the delivery time will be reduced from three to seven days to less than two days.

Associated Press Part ners with journalism based on Blockchain Startup Civil

The press agency Associated Press (AP) has signed a partnership for content management with blockchain-startup based on Civil, which develops technology to track property rights and the use of content in the journalism industry. As part of the project, AP will deliver its content, including national and international news to Civil, so that press agencies can access it on the platform. AP notes that they are interested in exploring ways to protect intellectual property rights, support ethical journalism and monitor the use of blockchain content .

IBM partners with the Australian consortium to build the Blockchain platform

IBM CSIRO & # 39; s Data61 and the law firm Herbert Smith Freehills have partnered with a new Australian consortium to create a platform of smart cross-industry contracts based on blockchain for businesses. Data61, a digital innovation center that is part of the Australian Commonwealth Scientific and Industrial Research Organization (CSIRO), will work with other entities to create the Australian National Blockchain (ANB). L & # 39; ANB aims to pool the technical, scientific and legal expertise of the three partners to create a blockchain infrastructure complying with national laws for the digital economy.

Financing round [19659024] Stablecoin Terra closes $ 32 million in financing with Binance Labs, Huobi Capital

South Korean E-commerce market Ticket Monster announced this week that it has closed a $ 32 million loan for its stablecoin Terra, with the goal to create an internal cryptocurrency to complement its existing token, Luna. Binance Labs, OKEx and Huobi Capital, in addition to funds included Polychain Capital, contributed to the financing round.

Blockchain Cloud Startup DFINITY closes more than $ 100 million of funding Round

Swiss and US-based blockchain cloud computing startup DFINITY has closed a new round of financing worth about $ 105 million Both Polychain Capital and Andrees Sen Horowitz through his a16z investment fund participated in the DFINITY funding round, also contributing to a $ 61 million round in February. The launch, which aims to build what it describes as an "Internet Computer," ultimately wants to create a platform that "will host the next generation of software and services in the world on a public network."

Winners and losers

Crypto markets are seeing some returns this week, with Bitcoin trading for about $ 7,245 and Ethereum at around $ 292. Total capitalization is now around $ 235 billion.

The first three altcoin gainers of the week are IGToken, ZoZoCoin and Rublix. The three best losers of the week are PlexCoin, Bastonet, ZenGold.

For more information on cryptography prices, be sure to read Cointelegraph's market analysis.

FUD of the week

Baidu imposes new anti-crypt measures following Tencent and Alibaba

Chinese Technology the giant Baidu has joined Tencent and Alibaba in the implementation of anti-cryptic measures in line with the established position of Beijing. The Chinese version of Google would have closed at least two popular encrypted chat forums informing users that the move comes "In accordance with the relevant laws, regulations and policies." Previously, Tencent, WeChat operator, has issued its own declaration on the prohibition of encryption and Alibaba has also announced that it will limit or strictly prohibit any account found to be involved in encryption. [19659007] Brazilian cryptography platforms suffer data breaches affecting 260,000 customers

Atlas Quantum, a a Brazilian cryptographic trading platform, has detected a data breach this week that led to the exposure of the data of 260,000 customers, but did not affect their funds. According to the company, measures were taken following the flight to prevent further attacks. Some of the platform's features were temporarily paused after the accident, but the company assured users that passwords and cryptographic keys remained safe .

Colorado orders three cryptographic companies that promote ICOs to show the cause

Gerald Rome, the Colorado Securities Commissioner, has ordered three crypto-companies to promote unregistered ICO activities, meaning that one part or one individual in one case he has to justify, try or explain something in court. Bionic Coin, Sybrelabs Ltd. and Global Pay Net (also known as GLPN Coin and GPN Token) received orders this week, after the companies made hyperbolic and misleading statements to investors about their products.

The Chinese Cryptographic Prohibition extended to the Guangzhou Development District

The Guangzhou Development District, a special economic zone in southern China near Hong Kong, is now barred from allowing commercial offices to host events related to cryptography. The ban comes after an almost identical ban imposed for the first time at Chaoyang District headquarters in Beijing in mid-August. According to this new order, the Guangzhou Financial Development Office would have issued a warning warning of the need to "maintain the security and stability of the financial system."

Prediction of the Week

Study: Bitcoin could cash $ 98,000 over the next five years [19659004] A new study conducted by the consulting firm of ICO Satis Group has detected that Bitcoin could potentially reach $ 98,000 over the next five years. According to the report, the total value of the cryptoassets needed to support the economy will grow to $ 3.6 trillion by 2028, while 90% of the cryptoasset value will be extracted from the penetration of offshore deposits over the next ten years .

The best features

Could Tesla Tokenize?

The Fortune Book explains how tokenization could help Elon Musk reach his claim, and then retract, the idea of ​​taking Tesla private According to Musk's statement, he decided to leave the public company after all because "there is no proven path for most retail investors to own shares if we were private." However, Fortune suggests a hypothetical "Tesla currency" that could allow Musk to have his cake and eat it too. allowing more newly accredited investors to own shares in a private company.

Why you need a physical vault to protect a virtual currency

Wired dives into behind the scenes of how Coinbase generates cryptographic keys for its customers (a tent, a Faraday cage that blocks electromagnetic radiation, three laptops, a coin toss and a printer). Although this process may seem complicated and almost archaic (the idea of ​​storing virtual money on paper in a bank vault might be considered a technologically backward step), after all, the author's references, horses and carts were more efficient than cars when the technology was still new.