Crypto Daily Newsletter 24.04.2018 Vol.8 5740
Bitcoin News
Akriti Mathur
Apr 24, 2018 at 6:10 PM

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.

Bill 838 was first proposed by Senator Robert Hertzberg in January 2018 although public filings note that the measure has gathered momentum in recent days. Read more


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

Goldman Sachs, one of the top investment banking, securities and investment management firm has hired a notable person, Justin Schmidt to lead their digital asset markets. Read more

The indie film gathers funds via blockchain, features at Tribeca film festival

Mitzi Peirone thanks God for Blockchain!

Peirone’s Movie Braid, a psychological horror film screened at the Tribeca Film Festival this week, first of its kind to be funded by cryptocurrency. Read more


WIIX, a Canada based cryptocurrency exchange announces its Beta Testing

WIIX, a digital currency exchange announced their beta testing which started from April 6 till April 30. WIIX members can test the digital currency exchange for themselves. Read more

Image via Shutterstock