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Crypto Recap July 9: Bancor Gets Hacked, CBOE Files for BTC ETF

Author: CoinLive News Team Jul 10, 2018 at 05:41

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$13.5 Million in Crypto Stolen From Token Platform Bancor

Token creation platform Bancor has gone offline following a "security breach" that took place Monday morning that saw the platform lose millions of dollars worth of cryptocurrency.

Major Futures Exchange CBOE Files For Bitcoin ETF, Increasing Probability of Approval

Cboe, the world’s largest futures exchange, has filed for a bitcoin ETF with the US Securities and Exchange Commission (SEC), to enable investors in the public market to trade bitcoin.

BitGo Adds 57 Ethereum Tokens In Largest-Ever Custody Service Expansion

The security startup BitGo exclusively told CoinDesk on Tuesday, July 10, it will expand its suite of custody products and services to support 57 new ethereum assets.

$42 Million In Crypto Is Now Being Airdropped to NEO Investors

Select Neo users are now receiving free crypto money. Beginning this weekend, those who held tokens on the Neo blockchain, the 11th largest in the world, began to receive 10 million ONT tokens (worth $42,100,000 at press time).

YouTube Accused of Negligence in BitConnect Fraud Lawsuit

Digital media giant YouTube has been named in class action lawsuit tied to the collapse of BitConnect, the cryptocurrency lending platform widely accused of fraud.

World's Largest Bank Eyes Faster Asset Exchange With Blockchain

The Industrial and Commercial Bank of China (ICBC), one of China's "Big Four" state-owned commercial banks and one of the world's largest by total assets, is seeking to patent a blockchain system for the exchange of financial assets.

Bitcoin Still in a Good Position After 70% Fall: Binance CEO Changpeng Zhao

Changpeng Zhao (CZ), the founder and CEO at the world’s biggest crypto exchange Binance, has said that bitcoin is still in a positive position after its 70 percent fall since early 2018, especially considering its strong rally throughout 2017.

Study: Crypto Could Become Mainstream Means of Payment Within Next Decade

A new study has found that cryptocurrencies like Bitcoin (BTC) have the potential to become a mainstream means of payment and already meet one of the three main criteria of money.


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