Top stories of the week

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "CBOE Withdraws SEC BTC ETF Rules Exchange Request During Government Closure Period"data-reactid =" 28 ">CBOE Withdraws SEC BTC ETF Rules Exchange Request During Government Closure Period

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Chicago Board Options Exchange Options (CBOE) BZX Equity Exchange withdrew its request for a rule change from the United States Commission for Security and Trade (SECOND) in order to enumerate his Bitcoin (BTC) exchange-traded funds (AND F). A spokesperson for CBOE told Cointelegraph that WE. the government's stop was the reason for withdrawal, as the end of the review period is approaching, as no government agency can function fully. The CBOE will resubmit the filing of an ETF – which was supported by the investment firm VanEck and the financial services company SolidX – at a later date. "Data-reactid =" 29 "> BZX Equity of the Chicago Board Options Exchange (CBOE) Exchange withdrew its request for rule changes from the US Securities and Exchange Commission (SEC) to list its exchange-traded fund Bitcoin (BTC): A spokesman for CBOE told Cointelegraph that The closure of the US government was the reason for withdrawal, as the end of the review period is approaching, as no government agency can function fully. The CBOE will resubmit the filing of an ETF – which was supported by the investment firm VanEck and the financial services company SolidX – at a later date.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The Bank of International Settlements believes that Bitcoin must start from the evidence of work"data-reactid =" 30 ">The Bank of International Settlements believes that Bitcoin must start from the evidence of work

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "According to a new study by the Bank for International Settlements (BIS), Bitcoin problems can only be solved if the cryptocurrency leaves a proof of work system. The BRI's research indicates that once Bitcoin's block rewards have been reduced to zero, the resulting transaction fees will no longer be sufficient to support mining expenses. Although the study does not exist the existence of second-layer solutions such as Lightning Network, he notes that the only real cure is a complete departure of the proof of work data-reactid = "31"> According to a new study by the Bank for International Settlements (BIS), Bitcoin's problems can only be solved if the cryptocurrency leaves a system of proof of work. According to BIS research, once Bitcoin's block rewards have been reduced to zero, the transaction fees generated will no longer be sufficient to support mining expenses. The study does not study the existence of second-level solutions such as Lightning Network, but notes that the only real cure is a complete departure of the proof of work to avoid a slowdown of the unusable network.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The State of Wyoming introduces legislation on custody and the definition of crypto"data-reactid =" 48 ">The State of Wyoming introduces legislation on custody and the definition of crypto

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The state of Wyoming introduced a bill that will define both cryptocurrency assets and allow banks to provide custodial services for cryptocurrencies. According to the legislation, cryptographic assets would be classified in one of three categories: digital consumer assets, digital values ​​and virtual currencies, which would be defined as intangible property, which would confer to virtual currencies same treatment as money. Banks that provide the Commissioner with 60 days written notice will be able to serve as qualified custodians for digital assets if the invoice is accepted. "Data-reactid =" 49 "> The state of Wyoming has introduced a bill that will define both cryptocurrency assets, In addition to allowing banks to provide cryptocurrency custody services. According to the legislation in force, cryptographic assets would be classified in one of three categories: digital consumer assets, digital securities and virtual currencies – which means that they would be defined as movable property intangibles, virtual currencies same treatment as money. Banks that provide 60 days written notice to the Commissioner will be able to serve as qualified custodians for digital assets if the bill is passed.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "John McAfee claims to flee a country to escape the IRS and is conducting a presidential campaign from his boat"data-reactid =" 50 ">John McAfee claims to flee a country to escape the IRS and is conducting a presidential campaign from his boat

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Crypto entrepreneur and lawyer John McAfee says he fled the country this week to escape charges from the US Internal Revenue Service (IRS) and will lead his presidential campaign in 2020 from a boat in international waters. According to McAfee, a grand jury had been summoned against him by the IRS. McAfee also added that it has not paid US taxes for eight years, already talking about a boat in an unfamiliar place from where he will use proxies to conduct his campaign. "data-reactid =" 51 "> The entrepreneur and crypto defender John McAfee claims that he fled the country this week to escape an indictment by the US Internal Revenue Service (IRS), and will lead its 2020 presidential campaign aboard a ship in international waters. According to McAfee, a grand jury has been summoned against it by the IRS. has not paid US taxes for eight years, already speaking from a boat in an unfamiliar place from where he will use proxies to conduct his campaign.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Bithumb Crypto Exchange seeks to reverse the merger to make its company public in the United States"data-reactid =" 52 ">Bithumb Crypto Exchange seeks to reverse the merger to make its company public in the United States

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Blockchain Exchange Alliance, a Singaporeholding based on majority interests in crypto-exchange Bithumb, seeks to acquire a publicly traded company in the United States. According to media reports, Blockchain Industries – a publicly traded company – has signed a binding letter of intent with the Blockchain Exchange Alliance, which would in fact be the first instance of a cryptographic exchange made public if the reverse merger proves a success. An unidentified source added that the combined company was considering "positioning" New York Stock Exchange or Nasdaq. "data-reactid =" 53 "> Blockchain Exchange Alliance, a Singapore-based holding company that holds a majority interest in Bithumb cryptocurrency, is seeking to acquire a publicly traded company in the US According to media reports, Blockchain Industries – a publicly traded company – has signed a binding letter of intent with the Blockchain Exchange Alliance, which would in fact be the first instance of a cryptographic exchange made public if the reverse merger proves a success. An unidentified source added that the combined company was planning to "up" OTC markets to the New York Stock Exchange or Nasdaq.

Winners and losers

The story continues

The crypto markets are down slightly at the end of the week: Bitcoin is trading at around $ 3,581, Ripple at $ 0.31 and Ethereum at around $ 115. Total market capitalization is approximately $ 119 billion.

The top three winners of the week in altcoin are Obitan Chain, ALBOS and Bittwatt. PlayerCoin, Hercules and Bitspace are the first three losers of the week.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "For more information on cryptographic prices, be sure to read Cointelegraph & # 39; s market analysis. "data-reactid =" 84 "> For more information on cryptographic prices, be sure to read Cointelegraph's market analysis.

Most memorable quotes

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" The next bullish series will decide public blockchains I think Bitcoin is currently the only * sure thing, "- Alistair Milne, United Kingdom"data-reactid =" 86 ">" The next TV channels will determine the public blockchains that will continue over the next 100 years. I believe that Bitcoin is currently the only * sure thing, "- Alistair Milne, UK investor and entrepreneur

Most memorable quotes

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<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" Institutional investors are rather difficult. very smart investors, but they also need an ecosystem of sophisticated trading strategies and tools […] They need derivatives, they need options, they need to sell short and if our markets can get this stuff, what will happen is that you will not see it anymore. massive volatility, "- Charles Hoskinson, founder of altcoin Cardano (ADA) "data-reactid =" 107 ">" Institutional investors are quite picky. They are very smart investors, but they also need an ecosystem of sophisticated trading strategies and tools. […] They need derivatives, options, short sales and if our markets can get these products, what will happen is that you will not see this huge volatility anymore, "said Charles Hoskinson , founder of Altcoin Cardano (ADA)

"(1) innovation finds practical utility followed by several years of steady and sustainable commercial progress and integration into the economic fabric (eg the Internet); or

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "2) The invention does not has not been adopted on a large scale and its commercial applications as a means of exchange are limited (eg the Segway), "- Adena Friedman, President and CEO of Nasdaq Inc. "data-reactid =" 109 "> 2) The invention is not widely adopted and its commercial applications as a means of exchange are limited (eg the Segway)", – Adena Friedman, President and Chief Executive Officer of Nasdaq Inc.

<p class = "canvas-canvas-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" When it climbed very high, I said I do not want to be part of those who watch and care about the number I do not want that kind of care in my life […] Part of my happiness is not to worry, so I sold everything and I just got rid of it. " Steve Wozniak, Apple the co-founder, selling all his bitcoins "data-reactid =" 110 ">" When it soared, I said that I did not want to be one of those who monitor it and care about the number. I do not want that kind of care in my life […] Part of my happiness is not to worry, so I sold everything and I got rid of it, "said Steve Wozniak, co-founder of Apple, at the sale of all its bitcoins.

FUD of the week

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "New Research Shows $ 16 Million Cryptocurrency Stolen From Cryptopia Hack"data-reactid =" 112 ">New Research Shows $ 16 Million Cryptocurrency Stolen From Cryptopia Hack

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "According to an analysis carried out by the company of infrastructure Elementcha, the blockchain as much as $ 16 Million in Ethereum and ERC20 Tokens was stolen in the recent hack of New Zealand exchange Cryptopia. The stock market initially reported that the losses were significant, without naming a specific figure. According to Elementus data, funds were transferred from the main portfolio and the secondary portfolio from January 13 to 17, while Cryptopia alerted the police and the public about hacking before January 15. Elementus surveys revealed that there remained about 15 million US dollars. two portfolios allegedly under the control of pirates, while nearly $ 880,000 have already been cashed. "data-reactid =" 113 "> According to an analysis carried out by the infrastructure company Blockchain, Elementus, $ 16 Million in Ethereum and ERC20 Tokens was stolen during the recent piracy of the New Zealand Cryptopia Exchange. The stock market initially reported that the losses were significant, without naming a specific figure. According to Elementus data, funds were transferred from the main portfolio and the secondary portfolio from January 13 to 17, while Cryptopia alerted the police and the public about hacking before January 15. Elementus surveys revealed that there remained about 15 million US dollars. two portfolios allegedly under the control of pirates, while nearly $ 880,000 have already been cashed.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Bitcoin Heist miner charged in Iceland sentenced to 4.5 years in prison"data-reactid =" 130 ">Bitcoin Heist miner charged in Iceland sentenced to 4.5 years in prison

<p class = "canvas-atom text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The Icelandic man accused of stealing Bitcoin mining the equipment was sentenced to four and a half years of imprisonment. Sindri Þór Stefánsson was arrested in Amsterdam after traveling to Holland with a stolen passport. Stefánsson and six other accomplices were sentenced to imprisonment after being found guilty of stealing Bitcoin mining equipment would have a value of $ 2 million, as well as two other attempts at robbery that took place in December 2017 and January 2018. The group's goal was the Nordic computer company Advania, to which the seven defendants will now pay compensation of 33 million Icelandic kroner ( approximately $ 273,000). "data-reactid =" 131 "> Icelandic man accused of stealing mining equipment Bitcoin was sentenced to four and a half years imprisonment Sindri indór Stefánsson was arrested in Amsterdam after his arrest To be returned to Holland with a stolen passport Six other accomplices, Stefánsson convicted for the theft of Bitcoin mining equipment would have a value of $ 2 million, as well as two other attempts at robbery that took place in December 2017 and January 2018. The group was targeting the Nordic computer company Advania, to which the seven accused will now pay compensation of 33 million Icelandic kroner (approximately $ 273,000).

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "A suspect arrested in an 11 million IOTA robbery case after an international police collaboration"data-reactid =" 132 ">A suspect arrested in an 11 million IOTA robbery case after an international police collaboration

<p class = "canvas-canvas-text canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "A 36-year-old suspected of being infected theft of more than $ 11 million in IOTA, as well as fraud and money laundering, was arrested by the United Kingdom Regional Unit for Combating Organized Crime Southeast. Hesse state police in Germany, the UK's National Crime Agency and Europol also contributed to the arrest, following a search warrant executed in Oxford, UK. The suspect allegedly stole over $ 11 million in IOTA from more than 85 victims since January 2018 by using a malicious IOTA seed generator to drive users to private keys he controls. "data-reactid =" 133 "> A 36-year-old suspected of stealing more than $ 11 million from IOTA, as well as fraud and money laundering, was arrested by the Anti-Corruption Unit. Organized crime in the southeastern United Kingdom: the state police of Hesse in Germany, the National Crime Agency of the United Kingdom and Europol also contributed to the arrest, as a result of 39, a search warrant executed in Oxford, UK The suspect allegedly stole more than $ 11 million in IOTA from more than 85 victims since January 2018 by using a malicious IOTA seed generator lead users to private keys that they control.

Best features Cointelegraph

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "From the United Kingdom to Malaysia: How Countries Classify Crypto Worldwide"data-reactid =" 135 ">From the United Kingdom to Malaysia: How Countries Classify Crypto Worldwide

Following the publication by the United Kingdom of a consultation paper on cryptocurrencies, Cointelegraph published an analysis of how various countries define and classify cryptocurrencies in the legal sense.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Who does the best? Transactions in progress by Blockchains"data-reactid =" 137 ">Who does the best? Transactions in progress by Blockchains

While a series of blockchains continue to vie for the creation of a scalable product, Cointelegraph examines the different transaction times of different projects and raises the question of the importance of speed of transactions.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Controversial content creators switch to crypto after censorship"data-reactid =" 139 "> Controversial content creators switch to crypto after censorship

After a series of controversial personalities who have left traditional crowdfunding sites in favor of cryptocurrency fundraising, Cointelegraph examines how crypto switching works for creators and crypto alternatives.

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