Shout out to our contest winner, Desert Dan! Our next contest will begin on Friday and we will give away a Ledger Nano loaded with $50 of the crypto of your choice (as long as it is compatible with the Ledger).
In today’s episode of Your Daily Crypto News, we look at the markets continuing to struggle. There is some hope for altcoin holders as they look for breakouts amongst Bitcoin sideways action. In the news, McAfee is back go shilling, the Marshall Islands launch their own cryptocurrency, Zimbabwe lifts crypto ban, BitGrail will remain closed, Bitmain investing in Circle stablecoin, the UN partners with IOTA, Bitcoin Private has their subreddit overtaken, OriginTrail looks to become supply chain crypto leader, HOLO wants to help you borrow computer power, & PayPal says no to crypto now but will look at it once it becomes more stable.
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Links
McAfee Tweet: https://twitter.com/officialmcafee
Justice Dept Investigation: https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
Marshall Islands: https://www.theverge.com/2018/5/23/17384608/marshall-islands-cryptocurrency-us-dollar-usd-currency
Zimbabwe: https://twitter.com/AnitaPosch/status/999641202940153856?s=09
BitGrail: https://www.ccn.com/italian-court-rules-bankrupt-crypto-exchange-bitgrail-must-stay-closed/
Circle: http://monarchcrypto.com/2018/05/circle-gets-110-million-dollar-investment-from-bitmain-plans-next-usdtether
UN & IOTA: https://www.chepicap.com/en/news/744/un-branch-looks-to-partner-up-with-iota.html
Bitcoin Private: https://old.reddit.com/r/CryptoCurrency/comments/8lr54c/bitcoin_private_theft_cover_up_subreddit_hijack/
OriginTrail: https://medium.com/origintrail/origintrail-fintech-advisor-anthony-lai-talks-the-future-of-supply-chain-and-trade-finance-a7791c91b3a9
HOLO: https://blog.p2pfoundation.net/holo-the-evolution-of-cloud-computing/2018/05/24
PayPal: http://bitcoinist.com/paypal-well-definitely-support-bitcoin-becomes-better-currency/
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Bitcoin boo boo
Great review. As I understand it, Golem and Holo are related, in the sense that they are both creating means for distributed processing power. But while Golem is a blockchain system, Holo offers a new meta-level platform for building and running apps distributed. Since holo is a meta-platform you can even build a blockchain on its platform. With the scaling issues we see on the current attempts on running the very redundant equations of a blockchain on distributed nodes, thinking solutions beyond this system like holo does seems reasonable.
IOTA and the UN? It really is the mark of the beast!!!!! to teh fkin moon brahs
Oregon Trail was great back in the day. Remember getting to play in class after the work was done. Am also interested in how the CFTC investigation ends up, cleaning out the manipulators will be a good thing.
Come on PayPal get with the program!
Also, you’re playing mind games with us in the whole Hodl is a frog/toad/turtle debate with the Kermit Kameos lol