This week we reported about a suggested solution to 51% attacks, a hacked exchange that was blamed for tanking the market and a cannabis-themed cryptocurrency bringing peace to the world. We also learned, in this week’s most commented-on article, who really controls Bitcoin and why it won’t become a global currency, according to the CEO of Ripple.
Also Read: Get Them While You Can Gamers, Graphics Cards Prices Have Crashed
Hack Takes a Toll on Crypto Markets
The big news on Monday was another hacked South Korean crypto exchange. While the figures stolen were much smaller than past events and the trading venue involved much lesser known, the incident was widely blamed for the drops across the markets due to its timing. The alleged hacker stole $19.5 million in NPXS, $13.8 million of Aston X, $5.8 million in tokens of Dent, over $1.1 million of Tron, and at least five other tokens, all from Coinrail exchange users. Other subjects covered include a hospital where you can pay with tokens and a “blockchain” based cultural center established by a gangster.
POT Prevents Nuclear Armageddon
The main topic on Tuesday was Potcoin getting global exposure on the back of the nuclear summit in Singapore. The cryptocurrency has been sponsoring the trips of Dennis Rodman to North Korea for a while now and as two of the basketball star’s friends, Donald Trump and Kim Jong-un, met to discuss peace, POT was able to get into the limelight of this histrionic event. Additional stories covered in Tuesday’s edition of Bitcoin in Brief included Coinbase’s plans for adding support for Ethereum Classic (ETC) and the intentions of Binance to enable euro transactions later this year.
Explosive Vote in Crypto Valley
On Wednesday
