CryptoNEWS.....

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On September 23, the first hard fork and the largest update of the consensus mechanism since the launch of the network will be held on the EOS blockchain. The date was selected by voting among block manufacturers. With the upgrade, EOSIO will become more scalable and secure.

Venezuelan users of the LocalBitcoins exchange exchanged over 120 billion bolivars (or about $ 5.6 million) for bitcoins in a week. At the same time, rumors appeared that the largest bank in Venezuela would add support for the national cryptocurrency El Petro.

At a meeting of finance ministers of the EU countries in Helsinki on September 13, the deputy head of the European Commission on Euro and Social Dialogue Valdis Dombrovskis said that the Commission will develop new ways to regulate cryptocurrencies so that they become more secure.

French Finance Minister Bruno Le Mer at the Eurogroup meeting in Helsinki invited his colleagues to consider the creation of a state cryptocurrency for the European Union. According to Le Mer, cryptocurrencies are an appropriate technology to reduce the cost of international transactions.

The Libra Association plans to release its stablecoin by the end of 2020, said Bertrand Perez, chairman of the board of the organization. According to him, regulatory obstacles will not affect Facebook's plans.

Russian users of the Mt.Gox exchange, which closed in 2014, will receive support from the Moscow law firm Zheleznikov & Partners, which promises to help them receive compensation in the amount of 170,000–200,000 military-technical cooperation through Russian courts.

Huobi Bitcoin Exchange intends to become a public company through the reverse takeover process of Hong Kong-based company Pantronics Holdings Limited. Huobi has already placed an IPO on the Hong Kong Stock Exchange.

The startup Dapper Labs, which created the decentralized game CryptoKitties, raised $ 11.2 million in order to develop a new blockchain called Flow for creating games, decentralized applications and securities.

The prosecutor's office of the Polish city of Suwalki accuses Martin A., co-founder of the local BitMarket exchange, of fraud and wants to sentence him to 10 years in prison. The victims of fraudulent actions were 525 users of the exchange, who in the period from 2015 to 2019 gave him about 2,300 BTC.