Ethereum co-founder Joseph Lubin said that he does not view the decline in the value of cryptocurrency as a constraint on the growth of the industry. In his recent interview with Bloomberg, Lubin said that the drop in prices is not a new phenomenon. It was present in the "ecosystem of the blockchain since 2009 - from the moment Bitcoin was invented."
He also noted that, despite the declining value of the cryptocurrency, price bubbles will appear to be "small bumps on the chart", because "growth was exponential".The Committee of the European Parliament on Economic and Monetary Affairs has published a document, according to which it is proposed to create new rules for the primary placement of tokens (ICO).
Ashley Fox, a member of the European Parliament representing the UK, drafted a bill on the proposed regulation rules for European companies and operators of crowd-hosting platforms.American economist, Nobel laureate, as well as ardent cryptocurrency skeptic Paul Krugman once again criticized the cryptocurrency and its supporters.
Krugman, who previously called Bitcoin "evil", said that the cryptocurrencies are the embodiment of economic regression that discards the financial system for 300 years ago. According to him, in Bitcoin, he is confused by two things: transactional costs and "no binding".During a lengthy interview at the Delivering Alpha conference in New York, former adviser to US President Donald Trump Steve Bannon said he owns Bitcoins and reminded him that he was working to create his own cryptocurrency.
"I like Bitcoin. I own Bitcoin," Bannon said at the conference, but he did not specify the amount of cryptocurrency he owns.Enter heading here...British media reported that 34-year-old Ben Delo, co-founder of the Bitmex crypto-exchange, became the youngest British billionaire who succeeded on his own.
According to The Sunday Times article, in the final issue of Ben Dong College, according to the results of the vote, he was recognized as a student with the greatest chance of becoming a millionaire. In addition, within the same vote, he took second place among the most likely candidates for imprisonment based on his performance.