Hey Steemians, π
A lot of important things happened this week in crypto, so let's hop right into the news!
Top Stories This Week
Block.one, the company behind EOS.IO (EOS), just purchased ~$25M USD-worth of RAM on the EOS network and is expected to make some major announcements re: EOS this upcoming Saturday (June 1) in Washington D.C. #B1June π
Galaxy Digital just sold its shares in Block.one for ~$71M USD. πΈ
The Ethereum (ETH) Foundation announced that it will be shelling out ~$19M USD over the next 12 months towards the development of Ethereum 2.0. π°
Speaking of Ethereum, a new scalability solution called the "beacon chain" has been proposed by Vitalik and is being considered for Ethereum 2.0 development. π¨
Bitcoin SV (BSV) surged over 200% in price this week as Craig Wright--the self-proclaimed creator of Bitcoin and the face of the BSV project--registered copyright claims on the Bitcoin white paper and original code. π€¦ββοΈ
Bitcoin Cash (BCH) miners performed a 51% attack on their own network in order to "undo" malicious activity that occurred during the network's hard fork last week. Smart move or dumb idea? π€·
The city of Baltimore is currently under a Bitcoin (BTC) ransomware attack. π²
You can now use Bitcoin (BTC) to pay for your AT&T phone bill via BitPay. π±
After suffering from technical difficulties this week, Binance announced that it will launch margin trading soon. π₯οΈ
Coinbase now supports Dai (DAI), a popular stablecoin. π
Speaking of Coinbase, merchants all around the world can now accept USD Coin (USDC), another popular stablecoin, via the Coinbase Commerce platform. πͺ
You can now buy shares of the Kraken Exchange company starting at $1,000 USD. π€
Robinhood, a popular stock and crypto investing app, has officially launched Bitcoin (BTC), Ethereum (ETH), and several other cryptocurrency trading markets in New York. π½
Apparently Tether (USDT)'s cash reserves includes Bitcoin. Lolwut? π€¦ββοΈ
"SIM Swapping" continues to be a major attack vector in the crypto space. π
From The Cheddur Community
Brazilians can now use SmartCash (SMART) to buy Google Play vouchers, pay for Netflix, and pay for Uber rides. π§π·
Banano (BAN) is giving away more free BAN in a meme contest. π°
Check out Terracoin (TRC)'s weekly update here π£.
That's it for this week! As the crypto markets continue to heat up, I think the next 2 years will prove to be VERY interesting!
- Jon Cursi & the Cheddur Team βοΈ