Recap | Demand from China could be pushing the price of Bitcoin | Microsoft announces VeriSol: Ethereum smart contract verification
|Jun 6||Public post|| 2|
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Despite banning cryptocurrency exchanges, China may still have a big influence on the industry. The recent surge—and drop—in bitcoin prices could have been helped by trends coming from the Asian market. China’s influence over Bitcoin Since Sept. 4, 2017, the Chinese government made it illegal for mainlanders to exchange digital currencies.
MakerDAO token holders voted to decrease the stability fee on the Dai stablecoin by 2 percent to 17.5 percent. Executed on May 28, this will be the first time the fee has been lowered in over five months.
Microsoft announced the development of an open-source formal Ethereum smart contract verification scheme for the Solidity programming language.
On May 26, Justin Sun, the 28-years old CEO of TRON, revealed that he was working on “something huge and amazing” that will impact the future of TRON and BitTorrent, but that the announcement will be made in early June.
The U.S. Securities and Exchange Commission (SEC) has sued messaging app Kik over their 2017 ICO for its KIN token.
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