What's new? A new crypto survey conducted by Germany, Weiss Ratings talks about the benefits and dangers of EOS, 1/3 of all Bitcoins is in only 1,600 wallets, the ETH developer gives a hint, EOS is finally launched & other news.
- 29% of Germans consider crypto a good investment. The survey was conducted by Germany's Postbank. People between 18 and 34 are the most interested in crypto, and many of them think of buying it or mining in the next 12 months.
- Weiss Ratings gives EOS a pretty good review, but warns about a possible downgrade. The cause of this downgrade could be the lack of decentralization. In its current state, the EOS network is highly centralized, with a few block producers validating transactions. However, it still has its 'B-' grade by Weiss Ratings and still has time to solve its problems.
- The SEC of Thailand approves using 7 cryptocurrencies for ICOs and trading. These currencies are BTC, ETH, LTC, ETC, XLM, XRP, and BCH. There’s also a set timeframe until the 14th of August for all exchanges located in Thailand to register for getting the license.
- Nearly 1/3 of all Bitcoins is stored on 1,600 wallet addresses. That number is published by a research firm Chainalysis. The report says that each address contains at least 1,000 Bitcoins with a total sum of about 5 million Bitcoins.
- Canada came up with the regulations for crypto-related businesses. They will be regulated in the same way as Money Services Businesses. Hence such companies are required to verify their clients according to know-your-customer (KYC) policy.
- A hint by Ethereum developer: Ethereum may skip the stage of Casper FFG. It should have been some sort of a bridge between PoW and PoS versions of Ethereum, but now it seems unnecessary, and it could move on to sharding in a few months.
- EOS was finally launched on June 10. There were some difficulties related to a complete lack of tools for voting, which was crucial for selecting block producers. Now the blockchain is up and running.
- One of the biggest Bitcoin whales transferred a part of his funds onto Huobi. This unknown whale still has 86,000 Bitcoins stored on one address, and additional 8,000 BTC that he may sell on the exchange.
- The South Korean investigation on Bithumb is over. All suspicions and accusations of one of the largest exchanges in the country were dropped. All money made by Bithumb in 2017 are white and legal.