South Korea invests in blockchain, Jim Cramer doesn't believe in BTC, Coinbase Wallet changes Toshi, American investor sues AT&T, Joseph Lubin's opinion about price swings, bubble and speculators, Thai SEC approves crypto companies
- The South Korean government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.
- Former hedge fund manager Jim Cramer believes Bitcoin ‘is losing its spark’ and ‘sun may be setting’ on crypto.
- Coinbase wants to revamp the popular Toshi mobile wallet to better fit the firm’s unrelenting drive for innovation. Coinbase wallet will give the user access to decentralized apps and will be the user’s gateway for the cryptocurrency financial system.
- Michael Terpin, a US-based cryptocurrency investor and entrepreneur, has filed a multi-million-dollar lawsuit against telecommunications firm AT&T, as he believes that a large amount of digital currency was taken from him due to the company’s negligence.
- Joseph Lubin, Ethereum co-founder, is not concerned with the sinking price of cryptocurrency or the overall impact it will have upon the growth of the industry.
- The application of seven Thai firms dealing with cryptocurrency has been given interim approval by the local SEC which allows them to continue operations until final words from the regulators are given.