In this week’s cryptocurrency round up: JP Morgan Chase has decided to step into the cryptocurrency world and issue their own coin, and many are wondering whether it means that they are actually issuing a “cryptocurrency”, Luxembourg offers new protection and transparency with regards to blockchain transactions thanks to some new legislation, Coinbase has apparently paid more than they ever have for a bug bounty, and well-known cryptocurrency brokerage service Coinmama suffers a data breach.
From January 13-19, 2019, these are some of the biggest cryptocurrency news stories. First and foremost, actor/director Kevin Connolly, best known for the HBO hit TV show Entourage, appears to be helping to create a show about a group of friends who want to use cryptocurrency to take over Hollywood. Secondly, Binance, one of the world's most popular cryptocurrency exchanges, has expanded to Jersey, which many believe is a direct response to recent political events in the UK. Lastly, a former chief of France's central bank has joined the startup board of SETL, a blockchain company that wants to make trading more efficient than ever.