End Of The Week Report, 22nd June 2018

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It has been an eventful week, but the Friday is finally upon us. Time to look back and note some of the more interesting and important news that everyone involved with Crypto should know about.
Without further ado, here are Embily top picks for this week.

 

Monday 18th
US Ethics Office: Government Officials Must Disclose Crypto Holdings

In a rather satisfying plot-twist, the US Ethics Office has announced that all government officials must be fully transparent when it came to crypto-asset holdings and ownership. Oh, how the tables have turned. 🙂
US Ethics Office: Government Officials Must Disclose Crypto Holdings

 

Tuesday 19th
Crypto Miners Embrace Cheap Power in Europe’s Poorest Country

With the Bitcoin price candles dropping dangerously close to $6000 mark, more than one discussion popped up regarding electricity pricing and the profitability of mining. A lot of mining operations have been looking for new deals. Apparently, Kosovo is the place to be for cheap mining expenses.
Crypto Miners Embrace Cheap Power in Europe’s Poorest Country

 

Wednesday 20th
Tether Shows Law Firm Its Funds But Stops Short of an Audit

Tether has been under close scrutiny regarding their inability or rather unwillingness to reveal audit results. Many have been questioning their solvency and this half-step seems to have raised more questions than answered.
Tether Shows Law Firm Its Funds But Stops Short of an Audit

 

Thursday 21st
Hacked S. Korean Crypto Exchange Bithumb Confirms It Will Reimburse Affected Users

If something happens every couple of weeks like clockwork, it is by definition not news. That’s right, South Koreans have been hacking again. Bithumb, a large South Korean cryptocurrency exchange has been hacked. Seems like they can’t catch a break, having been put on ice for three months during an investigation by South Korean authorities. Read about their woes below.
Hacked S. Korean Crypto Exchange Bithumb Confirms It Will Reimburse Affected Users

 

Friday 22nd
John McAfee Claims “Enemies” Tried To Kill Him By Spiking Something He Ingested, Vows Revenge

To spice up the last day before the weekend, John McAfee never fails to deliver. This time he has emerged after a couple days break from Twitter, his choice of platform for free speech (and shilling). The short break was not planned however since he spent it unconsciously in Vidant Medical Center, North Carolina. He claims he was poisoned by some of his many enemies. One has to wonder if this is some kind of PR stunt to divert from his Tuesday announcement that he will no longer be “promoting” (a.k.a. shilling) new ICO’s under threats from the Securities and Exchange Commission.
John McAfee Claims “Enemies” Tried To Kill Him By Spiking Something He Ingested, Vows Revenge

 

Our Crypto weekends would be so boring without John to provide the entertainment, it seems. His antics wrap up our overview of news and happenings in the Crypto world.

Be sure to catch up with our previous report right here.
Your Crypto Monday report – 18th June 2018

Cover illustration artist rabbit888, DeviantArt

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Justs Matuzevics

Justs is a strange and very rare creature of Latvian origin. He is a jack of all trades, yet master of none. He hopes to change that around by mastering all things Crypto. In his own highly opinionated and rant fuelled way. Have no fear, Justs is here.