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

This week in the news:

- VISA, MasterCard, eBay and others pull out of the Libra Association as US senators put huge amounts of pressure on them to do so.

- The head of the CFTC, Commodity Futures Trading Commission, says that he believes that Ether is a commodity.

- A G7 report suggests that stable coins could be a threat to global financial stability.

- Coinbase get prepared for a post Brexit world.

Plus more!

This week in the news:

- PayPal quit the Libra association citing their need to "focus on their core business".

- The potentially dead Quadriga CEO's widow pledges to use some of her estate to pay back those who had funds stolen by her late husband.

- BitFinex and Tether under threat from a lawsuit filed in New York.

- The Sacramento Kings, apparently a basketball team in America, release a new app with a cryptocurrency alongside it to be used in the stadium. We give our run down.

Plus more!

This week in the news:

- EOS main block producer and creators of the blockchain, block one, have been fined $24 million for the $4 billion ICO of the token; deemed an unregistered security.

- Google announce that they have successfully completed tests on a quantum computer, cracking an encryption in 3 minutes that would usually take a super computer 10,000 years.

- FairWin, a ponzi scheme smart contract on the Ethereum network, have closed up shop and run off with all the Ether in the smart contract.

- Overstock executives are in hot water over alleged securities fraud. The Prince takes us through his favourite furniture retail CEOs actions.

This week's news powered by Brew Dog:   - Libra announce the basket of currencies they will use to back the cryptocurrency with. - Bakkt's physically settles Bitcoin futures finally launch to an underwhelming response. - £500k of seized Bitcoin is being auctioned off by Wilson Auctions: maybe grab yourself a bargain. - Kik close down their messaging app to focus entirely on the KIN currency and double down in their defence against the SEC.   Plus more!

This week in the news:

- An attacker uses features of EOS to do away with over $100k in EOS from gambling dapp, EOS Play.

- OkEx, the South Korean exchange, remove five privacy coins: ZCash, Monero, Dash, Horizen and Super Bitcoin.

- The co creator or Libra, David Marcus, insists that governments have nothing to fear from Facebook getting involved in the money printing game. Angela Merkel suggests otherwise.

- Premier League football team, Watford FC, will have the Bitcoin logo emblazoned on their shirt sleeves this season thanks to SportsBet - Crypto Weekly's gambling choice.

This week in the news:

- It transpires that Epstein was a Bitcoin maximalist. I wonder why...

- Ahead of the US Binance release, CZ informs us that there will be Binance stablecoin - the BUSD.

- NASDAQ now have a decentralised finance index and the beak gives them a call to see whats up.

- Akon informs us that Bitcoin is better than the military backed US dollar.

- LG take on Samsung in the blockchain friendly smartphone market.

This week in the news:

- Binance acquires JEX to break into the futures and derivatives market

- Security vulnerabilities are found in the Lightning Network

- Telegram's blockchain to start public testing

- Manny Pacquiao launches his own crypto

- Brazilian payment processor to accept Bitcoin

All this and more!

This week in the news:

- Craig Wright has effectively lost his case in the United States against the Kleinman estate. This particular set of proceedings included some rather choice comments from the judge...

- Tether to release a stablecoin pegged to the Chinese Yuan.

- You can now lend out your BNB and earn up to 15% interest!

- Some life heroes of ours have siphoned off electricity from a nuclear power plant in the Ukraine in order to mine cryptocurrency.

This week in the news:

- Bakkt confirm Bitcoin futures will launch in September, for real this time.

- Barclays have withdrawn their banking services to Coinbase, affecting UK customers

- Another claimant to the title of Satoshi has been unveiled, and it working in IT for NHS

 

All this and more! (Of the usual stuff)

This week in the news:   - Coinbase ban UK citizens from purchasing, holding or selling ZCash. Has the UK government has taken a dim view to privacy coins?   - You can now get paid your salary in Bitcoin in New Zealand.   - Binance may or may not have suffered a hack on their KYC information.   - Central Bank of China come up with their own digital currency, which presumably they already had.   All this and more!