Crypto Daily Newsletter 24.04.2018 Vol.8
The mastermind behind Iceland’s “Big Bitcoin Heist” says police held him ‘without evidence’
Sindri Thor Stefansson has been accused of initiating the burglary of 600 bitcoin mining PCs equipment worth $2 million – amid episodes amongst December and January. Stefansson sparked headlines a week ago after he left jail on Tuesday and flew out on a plane to Sweden on a flight that he supposedly shared with Iceland’s prime minister. Read more
California Bill to legally acknowledge blockchain stocks
California could join Delaware and Wyoming as the next U.S. state that authorizes companies to store data – including information about stockholders – on a blockchain.
UK financial guru sues facebook over illegal crypto ads
A finance journalist, Martin Lewis from Britain issued a High Court proceeding against the social media giant Facebook. The proceeding is accusing the social networking site of defamation related to deceptive cryptocurrencies advertisements. Read more
Telegram ban in Russia impacting Google, Amazon, Twitch, FIFA, Spotify, Nintendo and many more
Pavel Durov, Telegram founder had planned to create their own cryptocurrency. Telegram launched two rounds of ICO earlier. The reason for Telegram getting blocked is said to due to his launch of cryptocurrency. A letter was found from an employee of the 12th FSB centre Roman Antipkin sent by him to his colleagues. Read more
“Bitcoin will be bigger than the internet”-Tim Draper, Venture Capitalist
According to Tim Draper, Bitcoin will be much bigger than the internet in the coming years.
Tim Draper is a Venture Capitalist who has actively invested earlier in Tesla, Hotmail, and Skype. Read more
Ernst & Young announced blockchain audit technology
‘Big Four’ accounting firm Ernst & Young, headquartered in London, England announced the pilot of the EY Blockchain Analyzer. It is a suite of blockchain audit technologies that enhance the ability to perform a deep review of cryptocurrency business trading and transactions. Read more
Walmart will use Blockchain technology for its food business
Walmart, US an e-commerce company and world’s largest discount retailer will be using Blockchain in its food business. They feel that the initiative will help in the reduction of waste, better waste management and enhance transparency. Read more
Ether and Ripple might be securities – Gary Gensler, Obama administration
Former Obama Community Future trading Commission expert Gary Gensler believes cryptocurrencies like ether and ripple might be just unregistered securities and in current violation of the law.
His views are considered important in the financial community largely. Read more
Goldman Sachs hires Justin Schmidt to head their crypto assets
The indie film gathers funds via blockchain, features at Tribeca film festival
Mitzi Peirone thanks God for Blockchain!