Crypto Rehab, Venezuela Bans Mining Rigs, Trading App Robbed Of All Of Their Funds, Seattle’s First Blockchain Conference: Wednesday, May 30th News Bytes

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

Hospital Launches Cryptocurrency Addiction Rehab Clinic
A Scottish hospital has launched a crypto rehab unit and by all accounts, the calls are flooding in. “Cryptocurrency users can get hooked by the volatile fluctuation of prices online which creates a ‘high’ when they buy or trade a winning currency,” said Castle Craig Hospital in a press release. “This can be exciting but also addictive and, like gambling addiction, can be financially disastrous.” MarketWatch features a 10 question survey for you to determine if you’re a pathological cryptocurrency addict.

Venezuela Bans Crypto Mining Rigs From Entering the Country
Despite the Venezuelan government embracing cryptocurrency with open arms, reports BlockExplorer’s Tony Spilotro, the country has taken a stand against cryptocurrency mining, going as far as to ban related computer equipment from entering the country.

Trading App Startup Taylor Says All Funds Have Been Stolen In Cyberattack
Taylor, a smart cryptocurrency trading assistant, was robbed of all of their funds, ZDNet reports.
The attack is said to have taken place on Tuesday of last week. In a Medium blog post, the Taylor team said “all of our funds have been stolen. Not only the balance in ETH (2,578.98 ETH) but also the TAY tokens from the Team and Bounty pools.”

Blockchain NW, Seattle’s First Crypto Conference, Begins Next Week
Seattle’s first blockchain conference begins Tuesday, June 5. The event will feature 50+ speakers who specialize in blockchain business and technology. Special to this event is a Blockchain career fair set up to match Pacific Northwest employers and employees. And if there was any doubt, tickets can be purchased with cryptocurrency.

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

Carlie Fairchild

Carlie Fairchild is the Publisher of Linux Journal. She’s been actively engaged in the Linux community for two decades and is responsible for setting the magazine’s overall direction. Carlie leads a motley team of geeks and journalists to ensure that Linux Journal stays true to its founding ideologies of personal freedom and open-source technical innovation.

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