A three day annual crypto event, CoinDesk’s “Consensus” Conference, kicked off today with a record turn out. Here is what you need to know (including a list of coins being represented at consensus).
CryptoCurrency News from around the World and beyond. This section focuses on what is happening with cryptocurrency now. So that is things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new ICOs, upcoming forks, etc.
Federal Reserve Bank of San Francisco published an analysis of Bitcoin prices and the crash of 2017 – 2018, pointing to Bitcoin futures as the main catalyst for the crash.
A few sources have reported that South Korea’s biggest cryptocurrency exchange Upbit was raided for alleged fraud.
Facebook is working on seeing how they can integrate blockchain technology and there is a rumor they are considering a token.
A few bits of bad news helped spur on a crypto correction that started when Bitcoin failed to break $10k. This included a rumor that the MtGox trustee had moved a 8,000 or so Bitcoin onto the exchanges, news of a raid on the popular South Korean exchange Upbit, and to a lesser extent the potential of regulation of ICOs in the US.
Bank of America previously banned crypto credit card purchases and Bitcoin stocks. Today on CNBC they clarified their stance on crypto.
New York AG Eric Schneiderman stepped down after some scandalous news broke. This is relevant to crypto as that is the same Schneiderman who had just put out a crypto inquiry.
Bytecoin (BCN) got pumped so hard after being listed on Binance that it essentially crashed the Bytecoin network.
According to the New York Times, the parent company of the New York Stock Exchange (NYSE) has been working on an online trading platform that would allow large investors to buy and hold Bitcoin.
The Wall Street Journal previously reported the SEC was having a meeting today (May 7th) on whether or not some cryptos, like Ethereum and its ICOs, are securities.