Ethereum web wallet hit by attack after Hola VPN extension gets hacked
"The situation recalls a similar incident in February when MEW was affected by a DNS attack that saw at least $365,000 of crypto stolen from users."
Sergey Brin says Google ‘failed to be on the bleeding edge’ of blockchain
"Brin suggested that blockchain is within the wheelhouse of X, the company's semi-secret research division."
Crypto Mining Giant Bitmain Valued at $12 Billion in New Funding Round
"The news comes nearly a year after Bitmain raised $50 million in a Series A funding round, led by Sequoia Capital China and IDG Capital, as previously reported by CoinDesk."
Litecoin’s Creator Partnering With TokenPay To Buy German Bank WEG
"If all goes according to plan, not only will TokenPay and the Litecoin Foundation have a reliable banking partner, they would also transform WEG into an on-ramp for consumers worldwide who want to trade fiat for cryptocurrency or pay for goods and services with crypto."
The Swiss stock exchange is launching its own cryptocurrency exchange
"SIX, the company that owns and operates the Swiss stock exchange, on Friday announced plans to launch a fully regulated cryptocurrency exchange, showing continued institutional interest in the space."
Switzerland looks to liberalise cryptocurrency banking access
"Switzerland’s fast-growing cryptocurrency industry could have full access to conventional banking services by the end of the year, removing one of the restrictions to future growth, a top Swiss policymaker has said."
EU Parliament Study Warns Politicians Not To Ban Bitcoin
"'Unlike their 18th and 19th century paper [private money] predecessors, VCs are used globally, disregarding national borders,' the report reads."
BIS Chief to Crypto Coders: ‘Stop Trying to Create Money’
"The head of the Bank of International Settlements has predicted a bad ending for cryptocurrencies, calling for an end to their production in a recent interview."
Doug Noland: Intimidate Nobody
"Over time, attaining financial wealth became an absolute prerequisite for wielding geopolitical power and influence. The old military variety appears almost feeble standing next to the contemporary Financial Arms Race."
China’s Central Bank Spars With Its Ministry of Finance
"In China the fingerpointing over who is responsible for China's economic mess has begun."