Crypto Weekly | Cryptocurrency, Bitcoin, Ethereum, Altcoin and ICO news from the week

This week in the news:

- Binance begin to support leverage trading XRP. Be prepared for a lot of bankrupt cRipples incoming.

- Tensions heat up in Iran and the price of Bitcoin rises. There are also claims that Bitcoin is being traded for a premium there.

- Could we be seeing Venezuela begin selling Oil for Petro?

- John McAfee admits that he was never going to eat his penis. Trust in people on the internet at an all time low.

This week in the news:

- The VeChain foundation loses $6.7 million to a hacker and suspected insider.

- A Russian Darknet marketplace is looking to expand by raising money through an ICO. Obvious exit scam or riskiest investment ever?

- An American woman loses $150k to a couple of amateur Canadian scam artists.

- We give a yearly roundup of the Venezuelan Petro news.

Plus more!

This week in the news:

- Matic brings us some nostalgia by pretending its 2017 and dropping 70% in an hour. That is one large red candle.

- An exploit is found in the Maker DAO smart contract that could allow an attacker to turn $20 million into $340 million.

- ETH gets a hard fork update by the name of Istanbul. We take you through the main highlights including an option to achieve up to 3000 tps on the Ethereum network.

- Binance may or may not be purchasing a bank. CZ world takeover still on the cards.

This week in the news:

- Virgil Griffith, Ethereum foundation researcher, is arrested for travelling to North Korea to discuss the Ethereum network with the DPRK.

- Poloniex, now part owned by Justin Sun, purchases a TRON Dex and there's nothing weird about that at all.

- German banks will be able to hold cryptocurrency from 2020.

- There was a Cheese Wizards tournament and somebody walked away with $275k.

This week in the news:

- Binance allegedly had one of their China offices raided. Or is it just slander from the block?

- Bakkt begin to see some real growth in their daily volume.

- Bitfinex and Tether are subject to a class action lawsuit over the manipulation of the Bitcoin market.

Plus more!

This week in the news:

- Binance banned by 'Chinese Twitter', Weibo.

- Tether are to release another stablecoin, this time backed by every boomer's favourite asset: gold.

- The Chinese Army look to blockchain to achieve world domination through ERC20 tokens as rewards.

- Andrew Yang, democratic nominee hopeful, announces that he wishes to regulate cryptocurrency at a federal level.

This week in the news:

- CEO of Stripe, formerly head of a company looking to kick start Libra, suggests that cryptocurrencies may never work.

- Bitmain use their sweet connections with the Communist party in China to have their rivals locked up.

- China double down on their support for Bitcoin; raising a few eyebrows.

- Ripple gets some actual use as MoneyGram use it for cross border payments.

This week in the news:

- Stellar burn over 50% of the total supply of XLM and causes a huge pump in the price.

- Craig Wright decides not to continue with the settlement process of the court case he lost against the Kleiman estate.

- Binance bring another fiat on ramp into play for US residents as Binance US now offers debit card purchases.

- BitMEX had themselves a terrible week as they leaked the majority of their users' email addresses. 

Plus more!

This week in the news:

- Bakkt release a consumer facing app that will provide loyalty and possible crypto functionality for Starbucks and more.

- Xi Jinping announced that China will be investing heavily in blockchain.

- A power struggle occurs at the head of Bitmain, with Jihan Wu forcing out fellow co founder Micree Zhan.

- Spurious claims from reddit suggest that 50% of the Bitcoin Cash blocks mined in one day went to a single address.

This week in the news:

- Bitcoin payment history is used to bust a paedophile ring spanning the entire globe. Anonymous Bitcoin fud blown out.

- Ripple continue to sell off their XRP holdings with the headlines this month that it's 73% less than last quarter.

- Opera Android now supports Bitcoin payments. Will this help adoption?

- A former nominee for the Federal Reserve is now looking to releasing a fractional reserve backed stablecoin, FRAX.