🗞 Daily Crypto News, April 5th💰

in #bitcoin6 years ago (edited)

  • Bank of Montreal Expands Crypto Purchase Ban ;
  • Verge Is Forced to Fork After Suffering a 51% Attack ;
  • 14 Percent Of Japan’s Young Male Workforce Invest In Cryptocurrencies, Study Shows ;
  • Japanese Research Group Establishes Guidelines For ICO Regulation ;
  • Hacked Coincheck Exchange to Accept Takeover Bid, Report Says
  • 📑 Daily Crypto Calendar, April 5th 💰
  • STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Bank of Montreal Expands Crypto Purchase Ban

Canada's Bank of Montreal (BMO) will no longer allow customers to buy cryptocurrency using Interac debit cards.

"I can confirm that we no longer allow the purchase of cryptocurrencies via Interac Online Payments or by using a retail consumer Mastercard-branded credit or debit card."

Read more & Source: https://www.coindesk.com/50-percent-q1-bitcoins-second-worst-quarter-record/

🗞 Verge Is Forced to Fork After Suffering a 51% Attack

Verge, a ”privacy coin” famed for the zealotry of its community, has fallen prey to a 51% attack. A malevolent miner gained majority control of the network hashrate, a feat that makes it possible for the controlling entity to modify transactions, calling the integrity of the entire blockchain into question. Around 250,000 verge were stolen by the attacker, forcing the project team to prepare a hard fork.

Read more & Source: https://news.bitcoin.com/verge-is-forced-to-fork-after-suffering-a-51-attack/

🗞 14 Percent Of Japan’s Young Male Workforce Invest In Cryptocurrencies, Study Shows

A survey of male employees in Japan from ages 25-30 shows that 14 percent of the participants own cryptocurrency, according to data published April 3 by Shin R25, an online magazine for young businessmen.

4,734 men nationwide participated in the Shin R25 “Questionnaire Survey on Virtual Currency” from January 2018 to March 2018. According to the survey, over a quarter of respondents that owned crypto reported that it was their first investment experience.

Read more & Source: https://cointelegraph.com/news/14-percent-of-japans-young-male-workforce-invest-in-cryptocurrencies-study-shows

🗞 Japanese Research Group Establishes Guidelines For ICO Regulation

The Center for Rule-Making Strategies at Tama University has released a list of guidelines for the regulation and full legalization of initial coin offerings (ICO) in Japan, Bloomberg reports April 4.

The list of guidelines from the government-backed study group includes rules for anti-money laundering (AML), identifying investors, tracking project progress, as well as protecting existing equity and debt holders. Japan’s Financial Services Agency will deliberate on the proposal, which could eventually be made into law in a few years time, according to Bloomberg.

Read more & Source: https://cointelegraph.com/news/japanese-research-group-establishes-guidelines-for-ico-regulation

🗞 Hacked Coincheck Exchange to Accept Takeover Bid, Report Says

Japanese cryptocurrency exchange Coincheck, which was the victim of a major heist in early 2018, is to accept a takeover offer from online brokerage Monex Group, a news report indicates.

Citing sources on Thursday, Nikkei Asian Review said that, once the deal is complete, Coincheck plans to change the management team in an attempt to rebuild investor confidence following the hack that saw $530 million in NEM tokens stolen in January.

Read more & Source: https://www.coindesk.com/hacked-coincheck-exchange-accept-takeover-bid-report-says/

Daily Crypto Calendar, April, 5th

  • Cardano (ADA)

Update to the Cardano roadmap

  • Nexium (NXC)

B2EXPAND is a sponsor and exhibitor of CoinFestUK 2018! (April 5th - April 7th Manchester Conference Centre, UK)

  • WAX (WAX)

WAX at CryptoBlockCon in Los Angeles, CA.

  • Lisk (LSK)

The meetup will start at 5:45 PM PDT on April 5th, 2018 at Heart & Crown, 73 Clarence St., Ottawa, ON K1N5P5.

  • CloakCoin (CLOAK)

We are pleased to present the first CloakCoin exhibition stand at the Crypto-Conference in Berlin.

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-april-5th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

We haven't been able to stay upper than our support line in red. The break of that line created a pull back and we are now consolidating on the MMA20. You can see in the little green circle a DOJI. This pattern is showing a pause in the drop and a possible change of direction. If the drop stops at this point, we will go test quickly the resistance line in red. However, a break of the MMA20 and MMA50 (violet line) will send us directly in the direction of our support line in brown. The coming hours will be important to follow...

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Verge Is Forced to Fork After Suffering a 51% Attack

I read that Electroneum and Verge suffered this attack. Hope Electroneum announce their way forward too.

Also, Monex Stocks have gone up because of the news that it is about to acquire Coincheck.

Thanks for sharing as always, It's a pleasure interactiong with people like you, @vlemon

Hopefully it will bu these attacks are frightening...

Thank you for your insight on Today's Market news.

Take care @akomoajong

@akomoajong yep the Monex stocks have went up A LOT after the rumors started spreading! It seems pretty clear what the investors want :)!

Maybe you have a point here :)!

Anytime!, thank you too.

You got a 72.20% upvote from @emperorofnaps courtesy of @vlemon!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

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