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Your Daily Ethereum Updates
Latest News
NEWS
law and legislation
FinCEN Fines California Man For Operating Illegal Crypto Exchange
In what is being called a first, the Financial Crimes Enforcement Network has fined Eric Powers of California $35,000 for operating an illegal bitcoin exchange, failing to register as a money transmitter, and not filing currency transaction reports.
NEWS
wallets and exchanges
Why Bittrex Was Denied BitLicense
Shirin Emami, executive deputy superintendent for banking at the New York State Department of Financial Services, breaks down why Bittrex was denied a BitLicense. Emami cites deficiencies in the areas of transaction monitoring, customer identification, and listing standards.
NEWS
cryptocurrencies and tokens
Redacted Mueller Report Mentions Bitcoin
The newly released Mueller report claims Russia's primary military intelligence service and its facilitators leased servers located within the US, as well as used bitcoin to hide Russian involvement in the 2016 presidential election.
NEWS
interviews
Judaism And Crypto Intersect
Rabbi Michael Caras, also known as the Bitcoin Rabbi, talks about the similarities between Judaism and crypto culture, writing a bitcoin children's book, and the special Passover message he has for his Twitter "congregation."
NEWS
law and legislation
Judge Dismisses Winklevoss Lawsuit Against Charlie Shrem
Judge Jed Rakoff of the US District Court for the Southern District of New York dismissed the Winklevoss case against Charlie Shrem in which the twins allege Shrem stole $26 million worth of cryptocurrency. The judge said a settlement was reached, though details of the settlement are confidential. Either party can reopen the case by May 5 if not completely satisfied.
NEWS
application
Grassroots Economics Using Community Currency To Help Kenya's Underbanked
Economist Will Ruddick of Grassroots Economics developed the Sarafu Network to allow Kenyans to swap digital currency via a smartphone app. The network is intended to bring financial services to those who traditionally lack access to them.
Ecosystem Updates
Loom Issues 2019 Roadmap
Folks at the Loom Network released a step-by-step plan outlining how they intend to spur mass adoption of PlasmaChain in 2019. See More
Geth "Punisher" Hotfix (4/17)
Ethereum developers recently released Geth v1.8.27 to counter an active mainnet attack. The release also helps to sync the chain quicker. See More
"The Generalised Hyperbolic Distribution and Its Subclass in the Analysis of a New Era of Cryptocurrencies: Ethereum and Its Financial Risk" (4/9)
Researchers Yuanyuan Zhang, Jeffrey Chu, Stephen Chan, and Brandon Chan found that the market index returns for Ethereum are "clearly non-normal." In this paper, they try to determine what some of the long-term effects will be. See More
Week in Ethereum (4/12)
The rundown on the latest standards being discussed, new client releases for Geth and Parity, and a link to the latest core devs call. See More
