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On the last day of summer, Reddit user "sick_silk" reported that the owner of a large wallet associated with SilkRoad was actively moving funds, dividing them into 100 coins and dumping them into 80 smaller wallets. The crypto community immediately assessed the threat of releasing such funds onto the crypto market.
A traditional pyramid was disguised in Omsk as an investment crypto fund. In total, the organizers managed to collect 36 million rubles from Omsk crypto investors. (about $500,000).
According to a Reuters report last week, Venezuela's oil-backed cryptocurrency is largely unused and the government, despite promises, is doing nothing to put its oil reserves to use in this space.
Altcoins continue to consolidate. The exception yesterday was Litecoin
The mayor of Naples wants to launch an autonomous municipal cryptocurrency as a counterweight to the “rotten euro” in order to free himself from Northern control over the southern cities of Italy.
Both TRON and NEO wanted to acquire the peer-to-peer file sharing program BitTorrent, with NEO even offering 50 million more.
The dynamics of altcoins are moving in a sideways range, and they are trying to push the price of BTC above the middle line of the ascending corridor. Will the BTC/USD pair manage to rise even higher today?
Google's data analytics service, called BigQuery, will now display information about the Ethereum blockchain.
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