Thanks, Boomer? Bitcoin-friendly generations to inherit $70 trillion, & Other News

SEC on "unfounded fishing expedition," Telegram lawyers tell judge... 

View this email in your browser One week in review:  Dec. 30–Jan. 5 We've selected the hottest materials of the past week for you to stay up to date with the latest crypto news: #1 Thanks, Boomer? Bitcoin-friendly generations to inherit $70 trillion Boomers may be a constant source of derision online, but savvy millennials might want to remain tight-lipped. New research suggests that younger, Bitcoin-aware consumers could be set to inherit almost $70 trillion in value from this older generation by 2045 — that's more than three times higher than the GDP of the U.S. As the Twitter account Crypto Balkans noted, it might be time to retire the hashtag #OKBoomer and replace it with #ThanksBoomer. Read more #2 SEC on "unfounded fishing expedition," Telegram lawyers tell judge Telegram's lawyers haven't had a quiet start to 2020. A judge gave them less than a single business day to respond to a request from the United States Securities and Exchange Commission to hand over details of how the company spent the proceeds of its $1.7 billion initial coin offering. In reply, the lawyers called for the court to throw out the regulator's demands — insisting the "voluminous and highly sensitive bank records" have little relevance to the case in question. Read more #3 Former Barclays exec to launch U.K.'s first regulated crypto bank in 2020 An executive who served as the head of technology at Barclays — and co-founded the British challenger bank Starling — has unveiled plans to launch a multicurrency account for fiat and crypto in the first quarter of 2020. Mark Hipperson's new venture, called Ziglu, is set to allow users to spend their funds using a Mastercard debit card — with cryptocurrencies converted instantly at the point of sale. Read more #4. Prediction of the Week Bitcoin can hit $50,000 in 2020 "very easily," Nexo CEO tells Bloomberg The CEO of the Bitcoin lending platform Nexo.io, Antoni Trenchev, has said he believes BTC will "very easily" balloon to $50,000 over the course of this year. He described it as an "incredible asset uncorrelated to the overall market" — and even claimed the cryptocurrency's journey up to $20,000 was reminiscent of German hyperinflation after the First World War. Read more #5. FUD of the Week Ledger wallet user allegedly lost $16,000 to malicious browser extension Now, a cautionary tale about Chrome extensions. Claims emerged this week that an unsuspecting victim lost $16,000 after installing an add-on for Ledger crypto wallets that actually contained malware. The extension, called "Ledger Secure," reportedly passes seed phrases back to the add-on's author, and is not an official product. Ledger itself appears to have confirmed this in a tweet that warned its followers about a phishing alert. Read more #6. FUD of the Week Vexed tech entrepreneur turns Bitcoin hacker, steals more than 1 million euro A French businessman has been indicted for allegedly stealing BTC worth 1 million euro from his former colleagues in a so-called "act of revenge." The unnamed entrepreneur is accused of taking a total of 182 BTC, reportedly driven by the motive to "wash away the humiliation" of being made redundant. Read more Feel free to explore the most important news with Hodler's Digest by Thomas Simms:   Read more 1.5 mln people follow us on social media Download our official app:

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