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TechCrunch: Over 1000 Crypto Projects Are Considered 'Dead' Now What is this all about?
More than a thousand crypto projects are "already dead" as of June 30, 2018, according to a recent TechCrunch report. The news outlet has based its claim on data from two websites: Coinopsy and DeadCoins.
How it defines it?
Coinopsy defines a "dead" token as exhibiting at least one of the following: "abandoned, scammed, website dead, no nodes, wallet issues, no social updates, low volume or developers have walked away from the project." Details here.
Binance Crypto Exchange Issues Risk Warning, Keeps Trading, Withdrawals Suspended
What happened?
Crypto exchange Binance is keeping trading and withdrawals suspended due to a risk warning, even after completion of their extended four-hour scheduled upgrade. Get more details here.
What World Leaders Think About Crypto What is this all about?
World leaders are enthusiastic about blockchain technology in the abstract, without being enthusiastic about any cryptocurrency that actually exists right now.
How this affects cryptocurrency?
This could potentially have unfortunate implications for crypto. But if the decentralization of community-led cryptocurrencies is as powerful as its exponents claim it is, what world leaders think about it might actually be inconsequential in the long term after all. Read the article to compare the opinions of world leaders such as Donald Trump, French finance minister Bruno Le Maire, president of Russia Vladimir Putin and others.
Facebook Reverses Ban on Cryptocurrency Ads, Maintains Ban on ICOs What happened?
Facebook's announcement says the company has been looking into the best way of "refining" its blanket ban on cryptocurrency-related advertising "over the last few months," in order to "allow some ads while also working to ensure that they're safe."
How does it work?
The newly updated policy requires advertisers wanting to run ads for cryptocurrency products and services to submit an application to allow Facebook to assess their eligibility. Facebook concedes that "not everyone who wants to advertise will be able to do so." Get more details here.
China's Latest Government-Backed Crypto Rankings What is this all about?
The second round of China's state-backed monthly ratings of cryptocurrencies and blockchain projects named "Global Public Chain Technology Evaluation Index" was announced and ranks EOS first, Ethereum (ETH) second, and Bitcoin (BTC) 17th, out of a total of 30 analyzed cryptocurrencies.
What is this based on?
EOS' top ranking is attributed to the "outstanding technical advantages in transaction confirmation efficiency, network throughput, and transaction costs" of the protocol. To get more details, read the article here.
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