Crypto Dygest 19 Feb 2018

Top 5 News For Today - 19 Feb 2018

Summary:

Litecoin Forks to Litecoin Cash (LCC); Telegram’s ICO raises $850mln and sets a new world record; Bank of America actually owns more cryptocurrency patents then anyone else; White House will not regulate bitcoin yet; More European countries are trying to self-regulate cryptoworld.

BONUS Thread of The Day

Atari Will Set Up Cryptocurrency in Hope to Revive the Company

1.Litecoin Cash (LCC) Hard-Forks from Litecoin

According to official Litecoin Cash site, fork has commenced at block 1371111. Every Litecoin produced 10 LCC tokens but only if wallet had access to private keys. Litecoin Cash is now traded at $2.75.

https://coincodex.com/article/1313/litecoin-cash-lcc-successfully-hard-forks-from-litecoin-blockchain/

2.Telegram Sets Record with $850mlin Pre-ICO

Telegram’s ICO – TON project has had a successful pre-ico round raising a milestone of $850mln, thus making TON project most funded ICO of all times. Project is dedicated to foster decentralized economy and gathered venture investors from all around the globe. Public token sale starts in March hoping to reach $1,15bln mark.

https://btcmanager.com/telegram-sets-record-initial-850-million-pre-ico/

3.Bank of America is a Leader in Cryptocurrency Patents

Bank of America, an institution that does not openly support cryptocurrencies, in fact owns more patents then any other company in the world – 45. Hard to say what are their exact plans for those patents, but this is a nice example of a decentralized idea going totally centralized.

https://news.bitcoin.com/bank-america-filed-cryptocurrency-patents-company/

4.White House Won’t Regulate Bitcoin Yet

Officials form White House, responsible for Trump’s administration cybersecurity, declared that US government does not have any intention to apply any regulation on bitcoin in the nearest future. Although criminal activity concerns remain and most likely will not fade away completely, right now there is just too much of everything to be make strict decisions.

https://bitsonline.com/white-house-no-bitcoin-regulation/

5.More European Attempts for Crypto Self-Regulation

Croatia and Slovenia, two neighbours share similar views on crypto regulations. Both countries want to educate their citizens and officials in crypto and blockchain space. In Croatia – UBIK – Blockchain and Cryptocurrency Association had been formed. They will be advising regulators on anything from buying and seling crypto to payments and salary payouts.

https://news.bitcoin.com/steps-towards-self-regulation-croatia-slovenia/

BONUS Thread of The Day

Atari seeks reincarnation through cryptocurrency.

https://news.bitcoin.com/atari-joins-growing-list-of-old-brands-trying-to-revitalize-through-cryptocurrency/

This is it for today.

Follow on Twitter @ nov_saha
Follow on Instagram @ novique_
Follow on Medium @ saha_nov