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Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Opera Allows You to Convert Currency to BTC
A reddit user found that web browser Opera now lets you set preferences to convert currency to BTC.

The Effect of GDPR on Blockchain and Cryptocurrency Services
Lawyer and tech enthusiast Danica Sergison gives an overview of a few GDPR trends to be aware of if you use cryptocurrency services, including exchanges, wallets, and peer-to-peer marketplaces. A BlockExplorer exclusive.

Adult Film Star and Trump Adversary Stormy Daniels Adds Crypto Rewards to Her Professional Website
In an effort to encourage her site visitors to consume content, Story Daniels has added crypto rewards to StormyDaniels.com. Coindesk explains that what Daniels is using is called a Vice Industry Token (VIT) and “was created for use cases within the adult entertainment industry”. They go on to say that “tokens earned can then be used to access premium content or to purchase services at other sites supporting the token.”

Bitcoin Gold Suffers Double Spend Attacks, $17.5 Million Lost
Bitcoin Gold traders have been working on tracing the attack since last week. ZDnet reports, “Scrutiny of unusual activity on the network has revealed the scheme, in which “double spending” attacks have been launched against cryptocurrency exchanges trading the virtual currency.”

There’s 1 Bitcoin Hidden in This Puzzle, and Whoever Solves it Wins
Bitcoin community members are trying to crack a puzzle hidden within a word cloud image. CCN shares that the image “was posted earlier this week on the Bitcoin subreddit by new user cryptogreetings, who informed excited readers that one whole Bitcoin (currently worth $8300) was up for grabs for whoever could figure it out. At face value, the image is a word cloud of words and numbers taken from Bitcoin inventor Satoshi Nakomoto’s whitepaper, all different sizes and overlapping each other.”

South Africa Investigates $80 Million Bitcoin Scam
Reuters reports, “South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($80 million) with promises of huge returns that never materialized, police said on Friday.”

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Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Verge Blockchain Exploited Again, Hackers Steal $1.7 Million in Tokens
Last month, privacy-focused cryptocurrency Verge was the victim of a ’51 percent attack’ – an unfortunate scenario (for Verge and its investors) that resulted in roughly 250,000 XVG being stolen. Verge responded with a hard fork, but unfortunately, it appears the vulnerability still persists today despite countermeasures being taken. BlockExplorer’s Tony Spilotro reports.

Pentagon Contemplates Whether to Flag Cryptocurrency Owners as Risky
The Pentagon is trying to decide if owning cryptocurrency is an indicator of risky personal behavior, one that should flag extra scrutiny in security clearances.

TapJets Adds Ripple and Litecoin for Flight Bookings
TapJets, an American company that offers customers to submit private charter requests with their smartphones, makes it easy for users to pay for services with Bitcoin, and now also Ripple and Litecoin.

Bitcoin Cash is a Must-Own, Says Crypto Investor Brian Kelly
A proposed bitcoin cash development fund could give the digital currency more value, said cryptocurrency trader Brian Kelly to FastMoney this week.

​Akamai, Mitsubishi UFJ Financial Announce Blockchain-Based Payment Network
The payment network, ZDnet reports, “is expected to be capable of processing more than 1 million transactions per second, thanks to blockchain.”

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Twitter CEO Jack Dorsey: Bitcoin Should Be Native Currency of the Internet
Twitter and Square CEO Jack Dorsey stood on stage at the Consensus conference, saying Bitcoin should be the cryptocurrency of the internet.

Adware Bundle Makes Chrome Invisible to Launch Cryptojacking Attacks
ZDNet reports, “CPU usage spikes up to 80 percent on infected machines.”

The SEC Launches Phony ICO Site to Promote Scam Awareness
In a bid to raise awareness of potential investment scams in the cryptocurrency space, BlockExplorer’s Tony Spilotro says the U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy have launched a fake website posing as a luxury travel firm kicking off the pre-sale portion of their initial coin offering (ICO).

Largest Bank in the Philippines Showcases Bitcoin Mining Equipment
The cryptocurrency world is buzzing upon the news The Philippines largest bank is dabbling in Bitcoin. NewsBTC reports, “UnionBank recently demonstrated its cryptocurrency miners at a business conference. That is an interesting development, considering how the world’s leading cryptocurrency is a legal tender in the country.”

PwC China Survey Finds That Most Companies Prefer to Investigate Blockchain Internally
Rebecca Campbell of BlockExplorer reports, “A joint survey by PwC and VeChain has found that most enterprises prefer to setup their own in-house research and development (R&D) teams to investigate the blockchain.”

Image courtesy of Carty Sewill, http://cartyisme.com/

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Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

The SEC Launches Phony ICO Site to Promote Scam Awareness
In a bid to raise awareness of potential investment scams in the cryptocurrency space, the U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy have launched a fake website posing as a luxury travel firm kicking off the pre-sale portion of their initial coin offering (ICO).

Cryptocurrency Mining Malware Crashes Your PC When Discovered
Please beware: a new form of cryptominer, dubbed WinstarNssMiner, crashes your system the moment anti-virus software attempts to remove the malware. ZDNet warns “The cryptominer launches the svchost.exe process — used to manage system services — and injects malicious code into the file. One injected process begins mining cryptocurrency while the other runs in the background to avoid detection and scan for antivirus protection.”

Steve Wozniak: Bitcoin And Blockchain Will Achieve Full Potential In a Decade
Tech leaders everywhere are beginning to sing the praises of blockchain. Apple’s co-founder Steve Wozniak was the latest, saying blockchain was “a great idea” and that it “is the next major IT revolution that is about to happen” according to Cointelegraph auf Deutsch. Woz was giving the opening speech at WeAreDevelopers World Congress 2018 in Vienna, Austria.

China Ranks Ethereum as the World’s Best Blockchain Network
The Chinese government ranked Ethereum as the world’s best blockchain network. CCN reports “On May 17, China’s Ministry of Industry and Information Technology released its public blockchain ratings, ranking various blockchain projects like Ethereum in the global cryptocurrency sector based on three criteria: technology, application, and innovation.” Bitcoin came in at number 13.

Entirely Crypto-Focused LedgerX Announces the First Regulated Bitcoin Savings Account
“Bitcoin bulls now have a new opportunity to put their money where their sentiment is. On Tuesday, CFTC regulated derivatives exchange, LedgerX, launched a Bitcoin savings account, the latest in a slew of traditional banking products made available for the digital currency” as reported by CryptoSlate.

New Coinbase Prime Geared Towards Wall Street Investors
This week Coinbase announced Coinbase Prime, a set of tools and services for institutions, tailored for high-end investing in cryptocurrency.

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Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Shyft Signs MOU with the Government of Bermuda, Pledges to Invest $10M
Earlier today at Consensus, the Government of Bermuda signed a Memorandum of Understanding (MOU) with Shyft, a blockchain KYC/AML solution. This partnership will build out the island’s regulatory framework and reinforce them as the example to nation states trying to adopt regulation themselves.

Amazon Partners with Start-up Kaleido to Make it Easier for Customers to put Their Services on Blockchain
The tech giant is moving into blockchain with a new partnership with Kaleido, a start-up was born out of blockchain incubator Consensys. CNBC reports, “The company is aiming to give AWS customers an “easy button” to get into the same technology that underpins bitcoin”.

St. Louis Fed President Suggests Bitcoin Could Emerge As A ‘Threat’ To US Dollar In The Future
A story from CoinTelegraph states “A top US policy maker made mostly positive remarks about Bitcoin, also not ruling it out as a potential “threat” to the US dollar, in an interview with CNBC Monday, May 14.” St. Louis Fed president James Bullard stated that crypto is “facilitating trade that would not otherwise occur. Some of that’s illegal, but some of that is avoiding costs that would otherwise be there.”

Tax Collector in Florida Becomes First Government Agency to Accept Bitcoin
WeTalkCoins reports, “a tax collector from Florida announced that its office will start accepting Bitcoin (BTC), and Bitcoin Cash (BCH), using BitPay. The agency will begin working with these currencies during this summer.”

GoTenna Launches a Bitcoin Wallet That Works Without the Internet
New York-based startup goTenna is partnering with Samourai Wallet to launch an Android app that allows users to send bitcoin payments without an internet connection. “Announced Monday,” Coindesk reports, “the txTenna app will enable users to sync up their mobile with a goTenna device, which costs $179 per pair, then toggle the wallet app’s settings to transact offline and send the bitcoin.”

Image courtesy of Carty Sewill, http://cartyisme.com/