We present "the image of the weekend". Bitnewstoday.com has chosen the most important news on the digital economy and on virtual currencies. Only the most precious stories only from reliable sources. Every single event on this list will change the world of digital economy in both cases. The most important stories of this week in the most indicative quotations below!
1. CONFLICT OF INTERESTS ( Insider )
The Facebook blockchain boss leaves the cryptocurrency startup
In a sign that Facebook's blockchain effort is progressing, David Marcus, the head of that project, has announced that it is abandoning the $ 8 billion board of cryptocurrency startups Coinbase.
Marcus joined Coinbase's board of directors in December 2017. His decision to resign "was taken to avoid the appearance of a conflict of interest," a Coinbase representative told CoinDesk that first he reported the news. The representative did not elaborate further into CoinDesk and a Coinbase representative did not respond to the Business Insider request for more information.
2. Gambling Problems ( Bloomberg )
Gambling apps surpass CryptoKitties and become the main money makers
It turns out that gambling, not buying digital kittens, is one of the most Popular on the blockchain: distributed ledger technology that has been publicized as the solution for everything from world hunger to money transfers.
Among the top 10 apps distributed by the money received, the game of gambling as a category is only second to the exchanges, according to DappRadar, which keeps track of the applications run on blockchain. Even gambling-related tokens continue to gain ground: Dragon Coin and another ICO have raised almost $ 1 billion, while a total of 21 other projects have raised another $ 300 million through offers initials of coins
3. THE NEW KIDS ( CNBC )
The new miners: wave of crypto mining in colleges
The increase in cryptographic operations in college dormitories raises concerns about the vulnerability of attacks on networks specialized. Malware is a known danger of cryptographic software and can easily become dangerous for the security of related networks. But mining itself is not the biggest danger – the process itself can pick up electricity bills.
Students who my crypt do not pay for the "juice" that feeds their mining units and universities. "I think there are a lot of universities that do not know this is happening, I do not think they would do that, but I think it costs $ 4,700 to extract a bitcoin, which is roughly 10% of the annual fee in a & # 39 private university, "said Mike Baic, president of VCTRA's VC marketing.
4. WHO & # 39; MR.NAKAMOTO ( Bitcoin.news )
Satoshi Nakamoto has hunted internationally as he grows the size
#Findsatoshi is the last effort to galvanize the world's support to find, once and for all, the enigmatic creator of Bitcoin, Satoshi Nakamoto. The group has embarked on an international crowdfunding campaign, enlisting world-class private detectives from Japan to New York and anywhere in the middle.
"The time has come to find Satoshi Nakamoto", explains one of the organizers of the "hunting". "Before the new economy gained momentum and as long as Bitcoin did not cost nearly $ 20,000, digital money could have been called" cuddling geeks. "The appearance of Bitcoin is broadly compared to the & # 39; explosion of a supernova And after one happened, some uncertainty began to occur. "
5. TRON FOR TWITTER ( Daily Hodl )
Payment platform Tron Seedit is ready to launch on Twitter
Seedit was created by the super representative of Tron Sesameseed, a company founded in Los Angeles. The platform is gearing up to expand after its initial launch on Telegram.
The vision of the company is to offer Tron Hodlers an easy way to send TRX to their creators of favorite content, developers, authors, bloggers, family and friends. Although the company claims that its test phase was successful, it has not yet published a specific date on which Seedit will debut on Twitter.
6. GETTING A GRIP ( FORBES )
Bitcoin can not meet while emerging market currencies plummet
Bitcoin and Cryptocurrencies could be expected to work well in times of stress in emerging markets. Since you live in a country in emerging markets, where the political situation is weak and your currency is devaluing rapidly, it makes sense to want to store it, hide it or invest in cryptocurrency. In theory Bitcoin is the ideal "hedge" for a person of wealth in such a situation.
What should have been the crucial moment to shine, disappointed, that it is something that every bitcoin owner needs to seriously think about why and what ramifications are.
7. TOM LEE: "MILLENNIALS HATE BANKS" ( Dailyhodl )
"Millennials 'distaste for banks could trigger the new wave of Crypto," says the notorious bull investor Thomas Lee
According to his words, the Millennials' aversion to banks have the power to redesign radically the financial landscape, with crypto-friendly companies like Robinhood and Square ready to seize the benefit.
Lee points out that ICE Bakkt's new cryptographic platform will probably have distinct advantages over current cryptographic exchanges like Coinbase. ICE plans to create a new type of one-day futures contract that actually pays in Bitcoin.