๐Ÿ—ž Daily Crypto News, December, 13th๐Ÿ’ฐ

  • The Future of ICOs: In the Hands of Regulators or Innovators? ;
  • Ethereum Community Educates The CFTC ;
  • Ethereum Hacks on the Rise Again as Price Remains Below $100 ;
  • P2P Markets Report: Latin American Markets Continue to Post Record Volume ;
  • France: Govโ€™t Report Recommends $570 Million Blockchain Investment ;
  • ๐Ÿ“‘ Daily Crypto Calendar, December, 13th๐Ÿ’ฐ
  • STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

๐Ÿ—ž The Future of ICOs: In the Hands of Regulators or Innovators?

What is the future of initial coin offerings (ICOs) as we look to a 12-month horizon?

As an early supporter of ICOs (properly run), Iโ€™d like to offer a broad perspective on where I think we are, and where we are going. Just as bitcoin and blockchain-based cryptocurrencies challenged our traditional views of money and its movements, ICOs should make us question three well-entrenched sectors: venture capital, public finance and entrepreneurship.

Thatโ€™s a tall order for a concept that is barely two years old in actual practice.

๐Ÿ—ž Ethereum Community Educates The CFTC

On December 11, the Commodity Futures Trading Commission (CFTC) published a Request for Input (RFI) seeking comments on the "underlying technology, opportunities, risks, mechanics, use cases, and markets" associated with Ether and the Ethereum platform.

The RFI is a product of LabCFTC, a division of the CFTC launched with the goal of evolving the commission into a "21st century regulator" that keeps pace with emerging technology. Through receiving public comment, the commission hopes to gain the understanding needed to develop more insightful regulations.

๐Ÿ—ž Ethereum Hacks on the Rise Again as Price Remains Below $100

A fresh wave of hacks targeting Ethereum (ETH) holdings continues, despite the altcoinโ€™s price trailing at 18-month lows, tech magazine ZDNet reported Dec. 10.

Citing research by cybercrime monitoring company Bad Packets LLC, the publication revealed that the downturn in ETH/USD has failed to stop malicious parties attempting to steal funds from miners and investors.

Scanning the network, hackers are trying to identify mining rigs and wallets with an exposed port 8545, which ultimately allows them to gain control and redirect ETH funds elsewhere.

๐Ÿ—ž P2P Markets Report: Latin American Markets Continue to Post Record Volume

This past week has seen Latin American peer-to-peer markets continue to set records for trade volume. For the week ending Dec. 8, Argentina and Venezuela posted a new record for Localbitcoins trade when measured in fiat, while Colombia, Peru, and Venezuela also posted records for trade measured in BTC.

Argentina posted a new record for fiat P2P trade volume on Localbitcoins this past week, with over 9.4 million pesos worth of BTC changing hands. The week also saw a significant uptick in the number of BTC traded, with the 65 BTC comprising the most bitcoins traded in a single week since March 2017.

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France: Govโ€™t Report Recommends $570 Million Blockchain Investment

French political deputies want to spend โ‚ฌ500 million (about $569 million) on state-level blockchain deployments over the next three years, local daily news outlet Les Echos reported Dec. 12.

Citing a report published Wednesday, the publication said both blockchain and cryptocurrency interaction was high on the agenda of two members of parliament (MP), who are pushing the initiative forward in an effort to make France a โ€œBlockchain Nation.โ€ The politicians are also looking to play an active role in fostering Bitcoin mining in the country.

โ€œ2018 was the โ€˜year zeroโ€™ for blockchain popularization in France. 2019 should be the year that ecosystem emerges,โ€ it quotes co-author MP Jean-Michel Mis as saying:

โ€œThe idea takes the shape of pumping in โ‚ฌ500 million over three years.โ€

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๐Ÿ“‘ Daily Crypto Calendar, December, 13th๐Ÿ’ฐ

  • GoHelpFund (HELP)

We will post an article with Master Nodes details.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

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Here is the current chart :

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The previous low is still playing its role of support line. We are not able to go lower since 3 days now but we are more and more close of it and it could break at any moment... We must see a more important bounce from hat point of for sure the suppor will break soon. Let's see the coming hours.

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