Twitch competes with eBay, the UK monitors exchanges, EOS tops the rating, Coinhive users speak up, McAfee remains bullish, Bitmain can have 51% of network hashrate
- Claiming itself as an eBay-like platform, Rare Bits raised $6 million from a sequence A funding round directed by Spark Money, Twitch CEO Emmett Shear, and founder Justin Kan.
- British MPs are concerned over the recent crypto exchanges hacks. Iqbal Gandham, the chairman of CryptoUK, has stated that they request their members to store at least 90% of their virtual funds offline to protect them against hacks. He added that ‘security is improving’.
- China has released the second edition of its state-endorsed cryptocurrency and blockchain ratings, placing Chinese altcoin EOS top of the list, Ethereum 2nd, and Bitcoin 17th.
- The Japanese police have been actively investigating website owners using programs such as Coinhive to mine cryptocurrencies without their site visitors’ consent, which is unfair according to Coinhive users.
- For John McAfee, Bitcoin’s behavior is still bullish, which could make it possible to predict a recovery in its prices. However, in his previous prediction, he talked about a value of 15K by the end of June, which is unlikely to be met.
- Bitmain has mined over 42% of all Bitcoin blocks recently giving rise to fears that the company could soon have control over the 51% threshold necessary for a network attack.