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.

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!