Key Facts of the Day 21.05.2018
Main page Digest

Vitalik Buterin to Work for Google

Ethereum’s creator published on his Twitter account a screenshot of the letter with an offer to work in Google. He created a poll asking his followers whether he should stop working for Ethereum for the sake of taking a new position. Later, the tweet was deleted (probably due to the fact that Buterin accidentally uncovered the email of the sender, a Google’s HR Elizabeth Garcia). However, twitter users managed to maintain the result of the poll: 59% of 2.3 thousand respondents voted against leaving Buterin to Google. Earlier in March, Google confirmed the information that the company has its own development in the field of blockchain.

Walmart’s New Patent for the Blockchain Marketplace

The world’s largest discount retailer, Walmart, attained a patent for a blockchain based marketplace, where users can sell their purchased items. Purchases will be recorded in DLT and with this record, users can resell their items. Walmart is interested in blockchain implementations such as their “smart package” patent for tracking packages.

Poland Temporarily Abolishes Cryptocurrency Tax

The Polish ministry of finance "accepts the irrational effect" of its actions after negative response to the crypto community (online petition was filed, and even protests were held in Warsaw). The agency plans to conduct "in-depth analysis" and prepare "system solutions" before applying new changes to the country's tax legislation. Earlier in April, the government decided to levy a tax on all cryptocurrency transactions.

Foxconn Invests into Cambridge Blockchain

HCM Capital, part of the Foxconn Technology Group, invested $7 million into Cambridge Blockchain to sponsor the expansion of its enterprise data management solutions, according to its published press release. HCM has invested in other blockchain startups as well since 2016. According to HCM, Cambridge Blockchain’s team is the best and has “experience in handling strict requirements from financial institutions for privacy and personal data compliance.”

The U.S. and Canada Investigate Cryptocurrency Scams

U.S. and Canadian state securities regulators have initiated dozens of investigations into cryptocurrency scams. 40 Securities agencies from U.S and Canada launched their checkups on existing and future ICO’s in order to fight fraud. Implementation measures earned its code name “Operation Cryptosweep”, announced today at NASAA's FinTech Forum for Securities Regulation Daily. Since April, state regulators have launched 70 investigations and managed to proceed in 35 of them.

A New Social Network for Crypto Lovers

Coinpath launched today, a social network for the Cryptocurrency community. The company aims to gather everyone involved in cryptocurrencies under their network, CoinPath announces in a press release. According to the company, members will be able trade in the network financed by donations and premium memberships.

Reddit of the Day

One of the most discussed topics of the day on Reddit was the news that the Israeli police confiscated 1,071 bitcoins. Cryptocurrency was laundered as a result of more than a decade of credit card scams.

The total cryptocurrency market capitalization stands at: $382 701 403 707

Bitcoin (Bitcoin) is 1,15% down to $8435,68

Ethereum (ETH/USD) is 2,87% down to $700,02

Ripple (XRP/USD) is 2,88% down to $0,681400

Bitcoin Cash (Bitcoin.Cash) is 4,14 % down to $1242,49

EOS (EOS/USD) is 3,83% down to $13,51

Expected ICOs:

Click here for the full list of ongoing ICOs.

By Nadya Astam

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