Peter Thiel invests in the EOS developer

5 Months ago / News / Daily crypto digest

Main cryptocurrency news on the 17th of July

 

Main News: 

  • Billionaire Peter Thiel (PayPal co-founder) and the Jihan Wu (head of Bitmain) invest in the EOS developer Block.one

 

 

Business and Finance

  • The legend of football Didier Drogba became the face of the crypto-currency platform
  • Vitalik Buterin says: "According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD (~= 5m green teas, ~75 lambos, ~25 Coinbase seed rounds, ~0.9% of Telegram ICO). Free market principles prevent me from being too upset at someone using the ETH blockchain as they wish, but wow."
  • Kodak distanced itself from the mining facilities presented as ASIC by Kodak in January
  • In China, the number of companies with the word "blockchain" in the title increased 6 times

 

Law and Legislation

  • Bitcoin-exchange WEX postponed the withdrawal of funds until July 22
  • Coinbase received a broker-dealer license from US federal regulators
  • Bitcoin-processing BitPay received BitLicense of New York State. BitPay is the eighth company to receive a BitLicense from the NYDFS

 

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