Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10
Thomas Simms's original article for cointelegraph.com reduced by 46%
Hodler's Digest will help you track every single important news story that happened this week. "Bullish for Bitcoin" - China scraps plan to ban cryptocurrency miningChinese authorities have confirmed in new official documents that BTC mining is not going to face a state crackdown. The latest announcement appeared to have little impact on the crypto markets, but it's good news for the likes of Chinese mining giant Canaan Creative, which recently unveiled plans for a $400 million IPO.David Marcus says Calibra is considering audits to prove data protectionsThe head of Facebook's Calibra platform has doubled down on claims that personal data from the social network will never entwine with financial data from its crypto wallet.
FUD of the WeekIllinois state lottery winner puts half his $500,000 into BitcoinAfter winning $500,000 in the state lottery, an Illinois resident didn't hesitate in deciding how he was going to spend his winnings. Venezuelan President Nicolas Maduro touts Trezor Bitcoin wallet on national TVThere have been some confusing scenes in Venezuela this week, where President Nicolas Maduro appeared on state-run television holding a crypto hardware storage device that was allegedly developed by Trezor, a major wallet supplier. Bitfinex cancels $8 million Kim Dotcom IEO citing "Clear" regulatory risksBitfinex abruptly canceled its token sale for K.im, Kim Dotcom's BTC content sharing service, this week.
The SEC does not want crypto ETFs - what will it take to get approval?October was a busy month as companies competed to register the first crypto exchange-traded fund that was compliant with the requirements of the U.S. Securities and Exchange Commission.
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Summarised crypto news.