Jan. 9: Pablo Escobar’s brother Roberto Escobar launched an ICO selling ESCOBAR stablecoins to fund a $50 million Impeach Trump Fund campaign, “Supporting the goal to Impeach President Donald Trump by donating funds to Escobar Inc, as a means of funding due to GoFundMe.com shutting down the fundraiser.” This ICO is ending in 114 days on May 10, selling 200,000,000 ESCOBAR (20%), where 1 ESCOBAR stablecoin = 1 USD after June 1, but is currently being sold for $0.25 in its ICO round. Escobar plans to list this token on various exchanges, on coinmarketcap, and develop a ERC20 wallet system for the token.
Escobar’s Trump ICO
Jan. 10: The hope of a Bitcoin ETF continues on, with crypto startup Bitwise registered the Bitwise Bitcoin ETF Trust with the U.S. Securities and Exchange Commission (SEC) in hopes of getting it approved. If this ETF for Bitcoin is successful, its shares are going to be listed on NYSE Arca, where stocks and options are traded compared to larger cap stocks on traditional NYSE. An ETF is what Bitcoin desperately needs in order to gain mass media attention, and potentially billions of dollars from investors waiting for this asset to be regulated.
Bitwise ETF
Jan. 11: NASA is attempting to implement blockchain technology in hopes of increasing privacy and security in their aircraft flight data. This information was revealed from one of NASA’s engineer publishing a paper suggesting that their security issues could be possibly improved by implementing blockchain networks and smart contracts. This is one step closer to adoption in the blockchain and cryptocurrency space.
NASA Blockchain
Jan. 14: A 51% attack occurred on the Ethereum Classic network on the exchange Gate.io, where the hacker was successfully able to steal 40,000 ETC worth $200,000 at the time. Unexpectedly, the hacker returned the now $100k worth of to Gate.io, but refused to give a reason for the attack, or why he/she returned the funds. According to the exchange, “We still don’t know the reason. If the attacker didn’t run it for profit, he might be a white hacker who wanted to remind people of the risks in blockchain consensus and hashing power security.”
ETC 51% Attack
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Topic: Weekly Crypto Recap - Jan. 15 2019 (Read 124 times)
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