🗞 Daily Crypto News, November, 2nd💰

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

🗞 Winklevoss Lawsuit Claims Charlie Shrem ‘Stole 5000 BTC’ in 2012, Shrem’s Lawyer Denies

A lawyer for Bitcoin Foundation founder Charlie Shrem has denied claims by Tyler and Cameron Winklevoss that he “stole” 5000 bitcoins (now $31.7 million) from them in 2012, the New York Times (NYT) reported Nov. 2.

In lawsuit unsealed Thursday, Nov. 1, the Winklevoss twins, with whom Shrem worked on a previous project before serving one year in jail for alleged facilitation of drug purchasing using Bitcoin (BTC), said the issue goes back to 2012.

🗞 Israeli Startups Raised $600 Million Through ICOs in 2018

Israeli startups have brought in more than $600 million in funding from initial coin offerings (ICOs) in the first three quarters of 2018, according to an industry report.

Crypto analytics and research firm One Alpha surveyed ICOs and blockchain projects globally, from the past year, aiming to provide an overview on the status of the blockchain and ICO ecosystem, with a particular focus on Israel.

One Alpha's survey counted 140 active blockchain-related companies in Israel, which, when combined with other forms of investment, have received $1.3 billion worth of investments. "More than 60% of the companies and 88% of the funds are ICO-related," the report noted.

🗞 Binance Signs Up 40,000 Crypto Traders in Its First Week in Uganda

Despite global market doldrums, demand for cryptocurrency appears to be booming across Uganda, a country where nearly three out of four people don't have bank accounts.

Revealed exclusively to CoinDesk, Binance Uganda signed up 40,000 users in the first week since the world's largest crypto exchange launched its local subsidiary in October.

The early results suggest a strong appetite among unbanked Ugandans for purchasing bitcoin or ether, the two coins the new Binance unit currently lists.

🗞 The Incoming Wave of ICO Regulation (Yes, It's Coming)

  • In June 2018, SEC director William Hinman stated "putting aside the fundraising that accompanied the creation of Ether, based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions (as with Bitcoin)".

  • According to the report, Hinman‘s exclusion of ether’s ICO likely means that he believes that it was a securities offering. Should the SEC agree with him, the list of ERC20 ICOs and tokens built upon its blockchain would not only have had unregistered securities offerings in the past, but are also currently classified as securities as many of them have likely not cleared the bar of becoming decentralized.

  • As a result, these token projects would be both at risk of enforcement against the issuer and a sharp drop in liquidity due to action towards exchanges without securities trading licenses and the subsequent delistings.

🗞 Digital Asset ATM Provider Coinsource Acquires Bitlicense

Coinsource announced on Thursday that it has become the first digital asset ATM provider to be granted a Bitlicense in the state of New York. The company joins 12 other organizations that have already received the license for virtual currency businesses from the New York Department of Financial Services (NYDFS).

image.png

📑 Daily Crypto Calendar, November, 2nd💰

  • Hexx (HXX)

Gravity Friday airdrop snapshot.

  • iExec RLC (RLC)

The free event is an opportunity for developers and community members to come together and discuss all things crypto, tech and iExec.

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

Today, we broke the resistance line around 0.81$. This line was already tested yesteday but we broke it today and we are using it as support since some hours now. However, stay carefull because it is not a powerfull break. We are staying very close of the this line and if we don't take some distance from it, we have a risk to go back just under. However, let's enjoy the good news, they are not so usual these last days.

Last Updates

You don't want to miss a Crypto news?

Follow me on Twitter or Facebook

H2
H3
H4
3 columns
2 columns
1 column
6 Comments