Ethereum / Blockchain Class / NSA? / Politicians

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (12:37 p.m. EST): $6,597.29 (1.54%) // 90-day high: $11,849.50 // 90-day low: $6,247.06/ / More… $BCH (12:37 p.m. EST): $877.81 (1.41%) // 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (12:38 p.m. EST): $510.43 (4.36%) // 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (12:38 p.m. EST): $99.65 (2.42%) // 90-day high: $251.03 // 90-day low: $93.45 // More… $XRP (12:38 p.m. EST): $0.55 (1.45%) // 90-day high: $1.20 // 90-day low: $0.47 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. The Securities and Exchange Commission ruled Thursday that ethereum is not a security. The reasoning came down to ethereum’s “sufficiently decentralized” network. SEC officials believed that no single party could make managerial decisions about the enterprise, making it a low risk target for insider trading and other illegal activities. There was some belief, though, that ethereum could be classified as a security. SEC head Jay Clayton said in April that he believes “every ICO I’ve seen is a security.” -FORTUNE       Learn from business leaders, blockchain pioneers, and crypto natives during #PillarUnconference.  Rub shoulders with the who’s who in crypto. Run a business idea past the pros or meet potential business partners at the Pillar unconference. Hack, build, and experiment for a week with David Siegel, the Pillar team and many other exciting projects and communities. Sign Up! For an ad-free experience, upgrade to Inside Premium       2. Fundstrat’s Tom Lee recently confirmed a previous report that the price of bitcoin drops toward the end of futures contracts. In a note to clients, Lee said he followed up on a report from Raptor Group’s Justin Saslow. His office compiled the data and found that the price of bitcoin drops 18 percent in the 10 days prior to the expiration of Cboe futures contracts. "A broader observation is there is significant volatility around these expirations," Lee added. "And on average, the price recovered by day six [following expiration]." -CNBC       3. The University of California will soon make its popular blockchain course accessible to the public. The course will be offered through edX, and will be a reformatted online version of Berkeley’s popular “Blockchain Fundamentals” course, which students designed. The course aims to simplify blockchain and make it so clear students can “explain to your grandma.” –BERKELEY.EDU       4. An online account believed to be ethereum co-founder Vitalik Buterin said in 2011 that the NSA developed bitcoin. The post was discovered on the website Bitcoin Talk. A user posted a comment saying they would not be surprised if an American working for the NSA created the coin after become tired of the government’s monetary policy. Buterin then allegedly replied, “Or the NSA itself decided to create Bitcoin.” Buterin has not yet responded to inquiries about the comment. -METRO       5. A new blockchain platform wants to try to score politicians. The NextElection system will allow users concerned about a particular topic, such as gun control, to access a stream of content and updates focused on that topic. They can also subscribe to feeds about individual politicians, including information on how other voters perceive their performance and voting record. The system is intended to inform voters of how their politicians behave after they elected to ensure they meet promises made during the campaign. –COIN TELEGRAPH       6. Mastercard owns more than 30 blockchain patents as it tries to reshape the credit card industry. Mastercard, in particular, would like to use blockchain to cut down on skimming. That’s when thieves install a skimming device at places like gas stations and ATMs to steal credit card information. Blockchain can help identify when these cards are used for fraudulent transactions, reducing the amount Mastercard loses to theft. –DIGITAL TRENDS 7. A writer connected his smartphone to the ethereum blockchain. He used Status, a decentralized messaging platform and mobile interface, that makes this process more straightforward than ever before. –MY BROADBAND 8. A piece of digital art at Satoshi’s Place is both causing arguments and supporting bitcoin growth. It’s a convoluted story, but bitcoin enthusiasts are paying cryptocurrency to own space on a digital art project and … things have gotten weird. -COINDESK 9. Officials in Missoula County, Montana are still deciding whether to ban cryptocurrency mining. The county commission postponed their decision until to enact a one-year ban on new or expanded cryptocurrency activity in the area. -MISSOULIAN 10. A Wall Street analyst debunks the theory that there is correlation between bitcoin and stocks. While the two both climbed last year, only to see a drop early this year, the deeper data shows no relationship. -CNBC       From the Forums The SEC announcement gets a meme. This user bought dinner with bitcoin cash. The mod discussion on r/bitcoin continues.       Brains and Chains: the AI & Blockchain Conference Join us at the AI and Blockchain Conference to explore these two cutting-edge technological trends. Top minds in AI and Blockchain will discuss how they can be utilized to create opportunities for innovative solutions. (June 28th, New York City). Register today

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