The Best in Crypto – 6/5/18

Blockchain Startup Installs Crypto Point-of-Sale Devices in Indonesia Despite Regulations

“Blockchain startup Pundi X has begun rolling out its cryptocurrency point-of-sales (POS) devices in Indonesia… A POS terminal is an electronic device used to process card or electronic payments at sales outlets. The idea behind the startup’s devices is to make digital currencies a medium of daily exchange, letting people use virtual currencies to buy necessities like food products in retail stores, cafes and shopping malls where merchants have installed the POS devices” (Cointelegraph).

On Google Trends, a value of 100 is taken as a peak popularity for a specific search term. In the beginning of January, Bitcoin’s popularity was 37, dropping to as low as 9 by the beginning of June (Cointelegraph).

Crypto and Twitter: A Toxic Combination, A Troubling Future

“It got me thinking about how financial self-interest, which has always skewed people’s perceptions of the media they consume, is being taken to a new level when crypto tokens are involved” (Coindesk).

Vermont Regulators Hit ICO With Cease-and-Desist Notice

As part of a broader crackdown on investment schemes involving cryptocurrencies known as Operation Cryptosweep, the Vermont Department of Financial Regulation sent the cease-and-desist to California-based LevelNet. Officials accused the firm of “violations related to the Vermont Uniform Securities Act” and ordered it to stop selling tokens (Coindesk).

Twitter CEO Jack Dorsey believes Bitcoin will become the single currency worldwide, something that Apple co-founder Steve Wozniak hopes will happen: “I buy into what Jack Dorsey says, not that I necessarily believe it’s going to happen, but because I want it to be that way, that is so pure thinking” (CNBC).

Hackers prove how powerful computers can cheat Bitcoin and blockchain

Details, and examples, of how computers are more powerful than me may think (Digital Trends).

Bitcoin and Cryptocurrency Influence Semiconductor Manufacturing

Semiconductor manufacturers are in an “ASIC arms race” to produce more powerful and energy efficient mining rigs, with estimated additional sales from the crypto demand being as high as $875 million (Chief Executive Net).

‘Bitcoin Batmobile’: Argentinian Nonprofits Launch Minivan Tour to Spread Crypto Awareness

Argentinian non-profit organizations Bitcoin Argentina and Bitcoin Americana have just launched a cryptocurrency awareness campaign “Bitcoineta,” an abbreviation from “Bitcoin” and “camioneta” (the Spanish word for minivan). The van will travel Latin American towns to spread cryptocurrency information in local communities (Cointelegraph).

A Slovenian Shopping Mall is Transforming Into an Actual ‘Bitcoin City’

Retailers at BTC City (a giant shopping mall in Slovenia) is utilizing Eligma, the “AI-driven and blockchain-based cognitive commerce platform” (Cryptoslate).

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