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Chainalysis research: 376 people own 33% of all ETH

Chainalysis-376-people-own-33-of-all-ETH Chainalysis research: 376 people own 33% of all ETH

According to the Chainalysis study, a third of all ethers in circulation belong to only 376 people.

The study showed that despite the control of a significant part of ETH, these "whales" accounted for only 7% of all Ethereum transactions. Chainalysis concluded that, although these people do not necessarily have a significant impact on the price of ETH, they contribute to market volatility when large sales are made.

Indexica: Bitcoin growth due to its development as an asset

Zak-Selbert-Bitcoin-growth-as-an-asset Zak Selbert | Head of Indexica

According to the new index of the analytical web platform Indexica, the current growth rate of Bitcoin is due to its development and maturity as an asset.

Analysts have identified three main factors of the growth rate of Bitcoin: popularity in the network, reducing concerns about fraud, as well as a change in the attitude of people to the first cryptocurrency. At the same time, researchers noted that more and more financial experts and scientists are discussing Bitcoin, and traditional financial institutions are starting to take this asset more seriously.

Board member of the ECB: “Stablecoins have more potential than Bitcoin”

Francois-Vilrua-de-Galo-Stablecoins-have-more-potential Francois Villeroy de Galhau | Governor of the French Central Bank

The Governor of the French Central Bank and member of the Governing Council of the European Central Bank Francois Villeroy de Galhau said that the stablecoins have more potential than Bitcoin.

According to Bloomberg, Francois Villeroy de Galhau, in addition, believes that cryptocurrencies tied to fiat money, will benefit the global financial apparatus. 

BitMEX research: investment in ICO decreased by 97%, the number of IEO is growing

BitMEX-research-investment-in-ICO-decreased BitMEX research: investment in ICO decreased by 97%, the number of IEO is growing

According to the BitMEX cryptocurrency exchange study, investment in the ICO industry decreased by 97% compared with the previous year, and reached only $ 40 million in the first quarter of 2019.

According to the study, in the first quarter of 2019, the ICO market volume showed a decline of 97%, compared to the same period of 2018. According to the report, the top 10 ICO projects in terms of capital attracted in 2018 included EOS, Telegram, Dfinity, Bankera, t0, Basis, Orbs PumaPay, Jet8 and Unikoin Gold.

Bitcoin miners earn commissions 8 times more than miners of all altcoins

Bitcoin-miners-earn-commissions-8-times-more Bitcoin miners earn commissions 8 times more than miners of all altcoins

According to Messari analyst's OnChainFx rating dated May 10, Bitcoin miners, on transaction processing fees alone, received $ 580,000 per day. 

For comparison, all of the miners of other cryptocurrencies, also analyzed by Messari, for the same period, earned 8 times less.

Joseph Lubin: “due to Ethereum 2.0, the Ethereum scalability will grow 1000 times”

Joseph-Lubin-Ethereum-scalability-will-grow Joseph Lubin | Co-founder of Ethereum

Joseph Lubin said that the blockchain scalability of Ethereum would grow 1,000 times in the next two years.

Co-founder of Ethereum expressed his opinion in an interview with Cointelegraph last weekend. Lubin specified that such a significant increase in scalability will be ensured by the next iteration of the Ethereum 2.0 blockchain network. He explained that the development divided into four stages and that eight groups are already creating clients for the new chain. 

US FTC: “If you raise money by crowdfunding … use the money to work on your idea …”

Andrew-Smithf-FTC Andrew Smith | Director of the Consumer Protection Bureau of FTC

The US Federal Trade Commission (FTC) sued a startup that promised crowdfunding participants a smart backpack, but instead spent money to buy BTC and pay for credit cards.

The lawsuit states that Douglas Monahan and his company iBackPack of Texas raised $ 800,000 to "develop several products," including a smart backpack with batteries for charging phones and laptops. However, instead of releasing the iBackpack, as the FTC claims, Monahan was spending money "on personal goals." The commission also claims that Monahan threatened displeased customers on the Internet.

CEO of "TRON" offered to make a deposit of 7,000 BTC on Binance

Justin-Sun-offered-to-make-a-deposit-of-7000-BT_20190508-122707_1 Justin San | CEO of

After hacking of the Binance cryptocurrency exchange, which resulted in 7,000 BTC stolen, founder of Tron Justin San announced his intention to make a deposit on Binance in the amount of USD 40 million.

"To support Binance, I will personally deposit 7000 BTC worth USDT (40 million USDT) into Binance to buy BNB, BTC, TRX, & BTT if CZ agrees. No need to FUD! Funds are #SAFU," he wrote on Twitter.

Hacking Binance: 7,000 BTC stolen from a hot wallet of Cryptocurrency Exchange

Hacking-Binance-7000-BTC-stolen-from-a-hot-wallet Changpeng Zhao | Head of the Binance Exchange

One of the largest cryptocurrency exchanges, Binance, reported a burglary, as a result of which hackers were able to obtain some user data and withdraw 7,000 BTC from the hot wallet of the exchange.

The official report says that the attackers managed to get hold of a significant number of API-keys of users, as well as codes of two-factor authentication. Perhaps they were able to obtain other user data.

Delphi Digital: Bitcoin Enters the New Growth Cycle

Delphi-Digital-Bitcoin-New-Growth-Cycle Delphi Digital: Bitcoin Enters the New Growth Cycle

The analytical company Delphi Digital has conducted a study, according to which the bottom of the cryptocurrency market has already been passed and a new cycle of Bitcoin exchange rate growth has arrived.

The researchers analyzed the blockchain first cryptocurrency, macroeconomic trends and several options for technical analysis. Judging by the analysis of the bitcoin blockchain, especially by the distribution of unspent transactions by age (UTXO), the bottom of the current cycle has already been passed.

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