The cryptographic principles underlying the zk-SNARK (ZCash-proof technology of zero-disclosure in the crypto currency) can greatly help with the scaling of the Ethereum network, Vitalik Buterin said during a scientific forum.

"There is a cycle of depletion of sellers in the market of cryptocurrencies," said General Manager of Galaxy Digital and former hedge fund manager Mike Novogratz

Venezuela's President Nicolas Maduro announced that Petro's National Petroleum Cryptocurrency, secured by oil, will be used for settlements in international trade from October. These words were heard on the air of local television.

"The Petro enters ... as a currency of exchange, purchase and convertible currencies for the world," Maduro said during the broadcast.

The US federal judge ruled that the criminal case against two allegedly fraudulent primary tokens (ICO) placements is subject to securities laws.

District Judge Raymond Dearie on Tuesday ruled that the case against two allegedly fraudulent ICOs, which were carried out by a Brooklyn resident Maxim Zaslavsky, would be considered further, and the defendant's petition to dismiss the lawsuit was dismissed.

The price of Bitcoin, which has been floating for a long time between $ 6,400 and $ 6,700, has finally overcome the $ 7,000 mark. 

Anthony Pompliano has significantly adjusted his forecasts regarding the market prospects of Bitcoin for the near future. 

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.

One of the founders of Finder.com, 26-year-old entrepreneur Fred Schebesta plans to open a cryptocurrency bank in Australia. In his opinion, interest in the cryptocurrency is growing in the country and very soon people will need an institution that can meet their needs in this area.

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".