Last Weeks Top Cryptocurrency Stories.
Coinbase Gets Summons From IRS
Coinbase dominated the news as the IRS issued a summons for all user information from 2013 to 2015.
http://www.coindesk.com/irs-coinbase-bitcoin-records-could-take-months/
http://coinjournal.net/controversial-irs-request-coinbase-highlights-need-updated-tax-guidelines/
Bitcoin Spam Attacks Delays A Large Amount Of Transactions.
Many bitcoin transactions remained in an unconfirmed state due to what appears to be a spamming attack. The spamming attack caused delays that lasted up to 24 hours or more in some instances.
http://www.newsbtc.com/2016/11/23/spamming-continues-on-bitcoin-network-delays-transactions/
Big Names Begin To Withdraw from R3 AKA R3CEV
Morgan Stanley, Goldman Sachs and Santander all reported to withdraw from R3CEV or R3 blockchain consortium.
http://www.coindesk.com/morgan-stanley-r3cev-blockchain-consortium/
https://cointelegraph.com/news/big-banks-scrambled-to-jump-on-r3-will-they-scramble-to-get-out-now
Ethereum Forks Again!
Ethereum continues to fork. How does this project stay so relevant?
https://cointelegraph.com/news/ethereum-hard-fork-no-4-has-arrived-as-dos-attacks-intensify
http://www.coindesk.com/ethereum-forks-again-so-far-so-good/
http://www.newsbtc.com/2016/11/25/ethereum-geth-update-available/
https://cointelegraph.com/news/has-ethereum-just-forked-by-accident-some-transactions-may-disappear
Charlie Shrem , Back In The Crypto Game With New Company.
Charlie Shrem and Jason Granger launch Intellisys Capital. Intellisys will issue tokens issued on the Ethereum blockchain that will represent shares in various businesses.
http://bitcoinist.com/shrem-joins-ico-craze-intellisys/
http://www.coindesk.com/bitcoin-charlie-shrem-launch-intellisys-capital/
Factom Receives Grant From Gates Foundation.
Factom recieves grant from the Bill and Melinda Gates foundation for blockchain based medical records project.
Other mentions :
OKcash turned 2 years old this week. The Dood gets interview with OKtoshi, lead dev of OKcash and ROKOS.
Also posted to the blog on bitcoindood.com. Link back to my Steemit is proudly displayed in the sidebar of the blog for POD or Proof Of Dood. Thanks for reading and following me on Steemit :)
Do you happen to know why Ethereum keeps dropping in price?
I can only guess, but I'd think all these hardforks have something to do with it. I think a lot of people are beginning to lose confidence in the project. We had the DAO debacle, then the hardfork, then the split with Ethereum Classic, now it seems hardfork after hardfork to try and repair all the damage from the original hardfork to stop the DAO hack. Just my observation, although I respect the work Vitalik Buterin does on the project, and the coins real potential, I haven't been a big fan since the DAO debacle.
Much appreciated!
Ethereum Undergoes Unintentional Hard Fork - NEWSBTC http://www.newsbtc.com/2016/11/29/ethereum-undergoes-unintentional-hard-fork/ They just keep coming.