crypto roundup

Crypto Roundup from Twitter, Reddit | Ontology, Brave Browser, EOS

Here’s the Top 5  Crypto Roundup…

Crypto Roundup from Twitter, Reddit

1) Ontology Upgrades


Crypto Roundup Key Takeaways: Updates to Ontology’s App to be completed by July 19th, 2018. Notably, NEM token holders were recently awarded between $35-42 million worth of ONT tokens because of their contributions which led to the advancement of Ontology’s blockchain network.

2) Crypto Misinformation 

Laura Shin

Crypto Roundup Key Takeaways: Crypto/Blockchain journalist Laura Shin inaccurately states “jihadist” groups use crypto. Groups claiming to be “jihadist” are not actually jihadist in the true sense, because the term has been misused and manipulated to fit a particular agenda. Laura Shin, not having any knowledge or background in Islamic studies, should refrain from this type of misinformation.

3) Big Name Execs Turn To Crypto


Crypto Roundup Reports That Big Name Executives Are Now Turning To Cryptocurrencies More Than Ever Before…

“It’s official — the new chief executive of Goldman Sachs will be the firm’s current chief operating officer David Solomon, who last month said the New York investment bank is looking in to adding further bitcoin and cryptocurrency services to its portfolio.”

CNBC Reports, 

“PayPal co-founder and early Facebook investor Billionaire Peter Thiel was a part of Cayman Islands start-up’s most recent funding round announced Monday.”

“The company raised a record $4 billion this year to fund its blockchain platform eos.ios through an ICO, outdoing the world’s biggest initial public offerings on stock exchanges this year.”

“Bitmain, a Chinese start-up that dominates the bitcoin ‘mining’ industry, also participated in the funding round.”

4) Brave browser May Add BAT


Crypto Roundup suggests you check out the cutting-edge Brave browser as it may add support for Basic Attention Token (BAT) at some point. The Brave browser now has over 3 million users.

5) Banking 2.0 Has Arrived


Chief Scientist | Bitcoin Unlimited Dr. Peter Rizun writes that LN users will be issued custodial accounts along with their LN hubs. This way, users will have more credit extended to them than the “BTC locked in LN channels.”

According to Rizun, this is the same concept that traditional financial institutions employ – by carrying more money in bank accounts compared to what’s available in “physical cash.” The Phd scientist explains that LN is not a peer-to-peer electronic cash system like Bitcoin (BTC). Rather, it is “Banking 2.0.” Whether his claims can be substantiated remains to be seen. 

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