Recap | Demand from China could be pushing the price of Bitcoin | Microsoft announces VeriSol: Ethereum smart contract verification
|CryptoSlate||Jun 6, 2019|| 2|
Welcome to CryptoSlate Recap, our daily newsletter containing links to some of the top blockchain stories on CryptoSlate and across the web.
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.
Featured blockchain companies
Thanks to the following companies for their support:
🌊 Seattle Devcon Blockchain - June 28-30 in Bellevue, WA U.S. - Join us at this accessible and inclusive event for blockchain beginners and advanced level topics.
🚀 OpenCrowd - a design and technology firm creating custom blockchain business solutions for global clients and early startups
⚡️ Blockstation - a leading Canadian FinTech company founded in 2014, provides one of the first digital asset trading solutions for stock exchanges.
Want to be featured here? Contact us to learn more.
Crypto market data
For more pertinent market data, please see:
⚡️ CryptoSlate Research
CryptoSlate Research is an an exclusive, premium newsletter that delivers thoroughly researched, long-form analysis from cryptocurrency and blockchain experts. When you are a Research subscriber, you will gain access to members-only posts such as:
Connect with us
🔥 Interested in sponsoring this newsletter? Contact us.
Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.