Weekly, Apr 30-May 4 ’18

Iran coin, Error in EOS, IOTA and Kontrol Energy partnership, France lowers tax, Bitcoin.com fixes its webpage, Sharding is coming, South Korea explores crypto industry, Alexis Ohanian's prediction, Telegram abandons public sale, Ripple faces UK Parliament, Google adds BigInt to V8, IMF report, Goldman Sachs will trade BTC, Cardano and Ethiopia partnership

  • Despite the crypto ban, Iran has plans to issue its own coin.
  • There has been identified a critical error, called BatchOverflow, in EOS smart contracts, that could lead to unlimited creation of tokens on the platform.
  • IOTA teams up with Kontrol Energy which is built on the fact that one of IOTA members, Samuel Reid, was appointed to the advisory board of Kontrol Energy Corp. to help in their efforts to expand in the blockchain arena and in the DLT.
  • France lowers its tax rate for trading crypto from its current 45% to 19% defining such type of assets as property, thus making lower taxations possible.
  • Bitcoin Cash fixes its page but it's too late because the option that depicted Bitcoin Cash as Bitcoin, is gone, but the group in Telegram, created to oppose that non-stop long fraud, is still growing.
  • Vitalik Buterin shared a new repository code with a documentation that describes how sharding works in Ethereum network.
  • South Korea’s central bank is considering cryptocurrencies and blockchain applications for its project for a cashless society and plans to become a ‘cash-free society’ by 2020.
  • Alexis Ohanian, Reddit co-founder, is pretty sure that Ethereum will be at $15000 by the end of the year when it will be used to develop Web 3.0.
  • Telegram abandons its plans to conduct a public sale raising $1.7 billion from investors which will be used to continue the development of its blockchain.
  • Ripple faces UK Parliament on volatility, security and benefits of crypto confirming that 120 financial institutions are now using Ripple’s software.
  • Google adds BigInt to V8, which makes JavaScript more attractive as a general purpose programming language, thus attracting more programmers to the Lisk platform.
  • The International Monetary Fund reports that cryptocurrencies pose no threat to global financial stability due to lack of international consensus on cryptocurrency regulation.
  • Goldman Sachs is set to begin its bitcoin trading desk in Q2 of 2018 that would not trade ‘actual’ bitcoins, instead, dealing in bitcoin ‘contracts’.
  • The Ethiopian government has signed a memorandum of understanding with Cardano in order to apply blockchain technology to the country’s agritech industry.
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