Peter Thiel invests in the EOS developer
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
