Crypto Weekly - News of Cryptocurrency Week
The news concerning cryptocurrencies is in constant boiling. It can happen that crucial information is lost in the daily information flow, and that you miss important points.
This format is there to remedy this: we return to the news of the week spent in the Hebdo Crypto , to summarize important information and keep you informed of the state of the world cryptocurrency.
🔬 The inevitable corner
This week's unmissable returns to Hellmouth Banner's article in which he talks about whistleblower Edward Snowden. Even if this subject is a little different from that of cryptocurrencies, it remains relevant to dwell on the character.
Who is Edward Snowden?
In 2013, a young computer engineer self-labeling himself "insignificant" will thus be at the origin of the largest revelation of global surveillance programs, relegating many science fiction dystopias to the rank of harmless nursery rhymes . Nearly 2 million documents allowed us to get acquainted with entities that have now entered history: PRISM, XKEYScope, GENIE, Tempora ...
Snowden revealed digital totalitarianism
I use the term "digital fascism" in the title of this article, and this use may have shocked you. Indeed, we live in a particular era where words lose their density. Social networks, in particular, are the fertile ground for this disinhibition: everyone becomes the "fascist" of everyone and Godwin's Law teaches us that nothing good will come out of a debate in the middle of which this pomegranate has been unpinned. [...] And yet ... Snowden has authentically revealed in the eyes of the world, a true fascist drift of digital nature, orchestrated by great powers supposed to be models of modern democracies.
Global awareness
Snowden's revelations will quickly prompt a wider population than just the cybersecurity community to take stronger precautions in their electronic exchanges. [...] Edward Snowden himself, who will be remembered that he lives in exile in Russia, will quickly ensure the "SAV" of his revelations, via videoconferences or by using his Twitter account in particular, distilling advice and guidance, promoting certain tools , discouraging others ..
Snowden and crypo
Surprisingly enough, Edward Snowden, an excellent computer scientist, cryptography specialist and dashing thirty-something at the time of the appearance of Bitcoin and the explosion of cryptos, has never shown an immoderate interest for the subject. Of course, Snowden, as a cryptographer is perfectly comfortable with the ecosystem.
Read the article in full for more details on this colorful character: Resistance to digital fascism: we all have a debt to Edward Snowden
🗞 News in brief
▶ South Korean cryptocurrency exchange platform OKEx has just canceled 5 crypto anonymous . Starting October 10th, the following cryptos will be removed: Monero (XMR) , Dash (DASH) , Zcash (ZEC) , Horizen (ZEN) and Super Bitcoin (SBTC).
▶ VanEck-SolidX has decided to withdraw its application to the SEC concerning the creation of a Bitcoin ETF . Perhaps this withdrawal is only the premise of a new demand, different from the first, case to follow.
▶ The two cryptocurrencies operating thanks to the protocol MimbleWimble, Beam and Grin, offer new wallets . Thus, Grin sees arrive an Android wallet called Ironbelly and Beam announces the release of version 3.1 for his Wallet Clear Cathode.
▶ North Korea would be thinking about creating its own cryptocurrency . This should be based on a physical asset such as gold for example.
▶ ICOBox receives a $ 14 million penalty from the SEC for fraudulent sales . The object of the crime: the sale of the ICOS token, which was not properly framed and did not comply with the Howey criteria test.
▶ New week, new cryptocurrency exchange platform presented by COINTIPS . For this opus it is the platform BITFINEX which is sifted .
📊 The metrics of the week
➤ $ 110 000 , that is the amount stolen by an attacker on a decentralized application of EOS. Thanks to the hiring of a large computing power, an attacker has managed to steal 30 000 EOS from EOSPlay a gambling dApps.
➤ 50% , this is the part of Bitcoin transactions using SegWit. SegWit is the feature behind the fork between Bitcoin and Bitcoin cash. This makes it possible to increase the number of transactions within a block, to reduce scalability problems.
➤ 600 000 , is the number of ASICs that joined the validation process blocks of Bitcoin. These additional machines doubled the bitcoin's hash power, pushing it above the 100,000,000 T / Hs mark.
➤ 12.4 billion , is the amount held by the 12 major platforms cryptomonnaies trading. This figure is from a study by The Block. Coinbase, alone, holds 7 billion thanks to its Coinbase Custody service.
➤ 8 , is the number of key figures summarizing the year 2019 Ethereum we have selected. Decentralized application, development, decentralized finance and Ethereum 2.0, everything is scrutinized.
✉️ The tweet of the week
The tweet of the week comes back @cyber_hokie and its some anecdote about Bitcoin.
Have a good week on the newscrypto 😉
Congratulations @newscrypto! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!