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Vitalik Buterin Admits That Ethereum Has Lost Some of its Lead ! other crypto news

This is a daily round up of important blockchain and crypto news between April 1, 2019 and April 2, 2019 . The focus is on important news around developments in the blockchain space, on exchanges and crypto projects.

 Please note that this is neither the only nor the exhaustive list, we are constantly trying to improve the feed and if you have any feedback, please feel free to contact us


1. Vitalik Buterin Admits That Ethereum Has Lost Some of its Lead

Vitalik is known for having an honest and unbiased opinion about many things, and his honesty was at full display in this podcast. When he was asked about Ethereum’s losing lead, his first response was that losing some of it is ‘inevitable’, and therefore he’s not too concerned about it.Read more

2. Two Bills on Cryptocurrencies Introduced in the US Congress

The Bill which maybe titled ‘Virtual Currency Consumer Protection Act of 2019′ if it becomes an Act, states, “It is the sense of Congress that virtual currency could have a significant effect on the economy, and regulation of them may be important to protect investors, deter bad actors, create market certainty, and ensure American competitiveness in an evolving global marketplace.” Read more

3. Bibox Crypto Exchange Rolls Out Blockchain Project Incubator

Estonia-based Bibox —  the ninth largest cryptocurrency exchange in terms of adjusted trading volume — has revealed that it is rolling out Bibox Orbit, an incubator for blockchain projects. The announcement does not specify the exact date of the project launch and only says that “it is aimed to provide the best growing environment for high potential blockchain projects and assist them with ecological construction and long-term development.” Read more

4. Canadian Police Freezes Assets of FUEL Token Issuers due to Alleged $22 Million Fraud

Vanbex founders Kevin Hobbs and Lisa Cheng claimed to the public that they operated a Vancouver-based cryptocurrency firm, starting from 2017. The firm, which was interchangeably called Vanbex and Etherparty, is actually a shell company that developed no useable products, the court document argues. Read more

5. BC Group Unveils Insured Custody Offering for Asia-Based Crypto Investors

BC Group, which owns a portfolio of various blockchain companies, including cryptocurrency trading platform Anxone and digital asset brokerage OSL, said it decided to build the service to respond to the needs of institutional investors in Asia. Its release, it says, constitutes the first such insured custody solution for crypto assets available locally, but will use United Kingdom-based insurers. Read more

Bite-sized News

Only the headlines are enough for these news

  • Blockchain Company Cashaa Set to ‘Bank the Unbanked’ Businesses Soon Read Story.
  • South Korean Exchange Bithumb Announces Security Breach Read Story.
  • Apple, Amazon Alums Behind Sharding Startup Raise $18 Million Read Story.
  • Coinbase Soft Launches International Payments with XRP and USDC Read Story.

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