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.
This week in crypto: Bakkt, which many believed would be a huge institutional catalyst for the cryptocurrency markets, is still delayed, the “crypto mom” thinks that while the SEC waits, the sector should be focused on technology and innovation, and two professors aren’t a fan of cryptocurrencies - for very different reasons.
In the week of January 6-11, 2019 - it appears as though Asia is more open than ever to actual cryptocurrency exchanges, which might do wonders for investor confidence, the Winklevoss Twins are as bullish about Bitcoin than ever, a well-known US bullion dealer now accepts crypto, and Pablo Escobar's brother wants in on the cryptocurrency sector.
This week, 3 of the main cryptocurrency stories include the fact that Overstock.com will be paying taxes in Bitcoin, Thailand will be utilizing blockchain for voting, and hackers are demanding a Bitcoin ransom for information regarding the 9/11 attacks.
There was a lot of cryptocurrency news at the very end of 2018, including layoffs at Bitmain, the largest bitcoin mining hardware company in the world, Facebook developing a stablecoin for WhatsApp, and Bank of America continuing to file blockchain patents.