Bitcoin isn't anonymous, Bancor is hacked, half of ICOs die within four months, online course on crypto has started in London, FINRA asks to disclose crypto activities, crypto can become a mainstream, China warns against blockchain
- In the forefront of public opinion is the misunderstanding that Blockchain and primarily Bitcoin are inherently anonymous.
- Bancor, the decentralized cryptocurrency trading platform has frozen the stolen BNT tokens ($10 million), but cannot recover the Ethereum ($12.5 million) and PundiX (NPXS) ($1 million) tokens withdrawn through a compromised wallet.
- The Boston College Carroll School of Management has released a study on over 4000 ICOs and found that the majority of projects were considered dead within four months of issuing their token to buyers.
- The London School of Economics, a leading British research university, has recently started offering an online course on digital currencies running under the name ‘Cryptocurrency Investment and Disruption’.
- The Financial Industry Regulatory Authority (FINRA) asks every firm that sells securities to the public in the U.S. to disclose any activities ‘related to digital assets, such as cryptocurrencies and other virtual coins and tokens’.
- Imperial College London and eToro published a report stating that cryptocurrencies could become a mainstream form of payment within the next decade.
- China Banking and Insurance Regulatory Commission, a top Chinese regulator, has acknowledged the innovative aspects of blockchain but warned against ‘mythologising’ the technology behind cryptocurrencies.