Top Stories This Week
Owner Of New York Stock Exchange Mulls Over Addition Of Crypto Trading
The New York Times reported[1] this week that the NYSE might be giving its customers the option to buy and hold Bitcoin, an assertion backed up by documents, emails, and anonymous sources that confirm these future crypto traders contracts.
Improvement Code Casper For Ethereum Network Released
A new version of Casper, a code upgrade for the Ethereum network that aims to improve the economic consensus protocol, was released[2] this week on Github. The Casper code combines Proof-of-Work (PoW) with Proof-of-Stake (PoS), with the eventual goal for Ethereum to switch entirely to PoS.
Facebook Considers Blockchain Tech For Messaging App, Explores Cryptocurrency
The head of Facebook’s Messenger app--David Marcus, who is also on the board at crypto exchange and wallet Coinbase--announced[3] this week that he is setting up a small working group for looking into blockchain use across Facebook. Media outlets also reported[4] that Facebook is allegedly “very serious” about plans to launch its own cryptocurrency.
Iranians Use Crypto To Move $2.5 Bln Out Of Country
Iranians are increasingly turning[5] to Bitcoin (BTC) and other cryptocurrencies in the wake of the US exit from a multilateral nuclear accord with the country this week. The news has plunged the country into economic turmoil, resulting in a surge of interest towards crypto.
Federal Reserve Bank Of San Fran Attributes BTC Decline To Futures Release
The Federal Reserve Bank of San Francisco wrote[6] in an economic letter this week that Bitcoin’s decline from December’s high of $20,000 to February’s low of below $7,000 can be attributed to the natural process following the introduction of a futures market--and both
