Welcome to the Crypto Daily News Curator. Below you will find worthy news about crypto news, especially the news coming out from the Asian Community. The goal is to spotlight the best of news about the cryptography community on Steemit.
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The News:
Sichuan floods blamed as cryptocurrency mining ‘hashrate’ dips
Source: Financial Times
Link: https://www.ft.com/content/1f2ad808-80f2-11e8-8e67-1e1a0846c475
Summary: A combination of floods in Sichuan and heatwaves in Europe last week briefly dented the global “hashrate”, which measures crypto mining capacity — and offered a glimpse of what might happen if China succeeds in wiping out its bitcoin mining industry.
Changing the male dominance of the cryptocurrency industry
Source: CNBC
Link: https://www.cnbc.com/2018/07/05/changing-the-male-dominance-of-cryptocurrency.html
Summary: Males dominate 91% of the cryptocurrency domain.
Cryptocurrency Miners Promise Economic Opportunity, but not Everyone is Optimistic
Source: CNBC
Link: https://bitcoinist.com/cryptocurrency-miners-promise-economic-opportunity-but-not-everyone-is-so-optimistic/
Summary: Driven by cheap electricity prices and the potential for profit, cryptocurrency miners have expanded their horizons and set up operations in smaller localities across the world.
Two New Cryptocurrency Exchanges Accredited in Philippines; Total Grows to Five
Source: CryptoVest
Link: https://cryptovest.com/news/two-new-cryptocurrency-exchanges-accredited-in-philippines-total-grows-to-five/
Summary: The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has accredited two new cryptocurrency exchanges, according to a report this Friday, citing a senior official's statement.
South Korea Moving Towards Cryptocurrency Acceptance
Source: Bitcoinist
Link: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/
Summary: South Korea is continuing to legitimize and embrace cryptocurrency through a careful and considered approach.
Winklevoss twins' cryptocurrency firm hires NYSE executive
Source: CNN
Link: https://money.cnn.com/2018/07/06/investing/winklevoss-bitcoin-nyse-cio/index.html
Summary: Robert Cornish, the NYSE's chief information officer, will become the first CIO for Gemini Trust Co., a company hired by the Winklevoss twins.
Tangle Might Untangle the Blockages in Blockchain Scale-up
Source: Entrepreneur
Link: https://www.entrepreneur.com/article/316170
Summary: Tangle is a block-less technology created around 2014 that serves as an alternative to the blockchain’s scalability problem.
5 steps for consumer adoption of blockchain
Source: GeekWire
Link: https://www.geekwire.com/2018/5-steps-consumer-adoption-blockchain/
Summary: Five steps of blockchain adoption: 1) Easy Wallet Interface; 2) Transaction fees; 3) Scalability; 4) Stablecoins; 5) Front End Application Development
Indian Crypto Traders Are Not Bothered By The Ban
Source: Altcoin Buzz
Link: https://altcoinbuzz.io/indian-crypto-traders-are-not-bothered-by-the-ban/
Summary: Following the Reserve Bank of India’s (RBI) decision to ban virtual currency, local crypto traders have already found a way to circumvent it: they are introducing a peer-to-peer model which will allow digital currency trade regardless of what the government decides.
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