Rebound / Coinbase Complaints / Tether / Airport ATM

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (12:40 p.m. EST): $6,729.57 (-0.92%) // 90-day high: $11,849.50 // 90-day low: $6,247.06/ / More… $BCH (12:40 p.m. EST): $874.85 (-2.31%) // 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (12:41 p.m. EST): $529.36 (-1.57%) // 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (12:41 p.m. EST): $96.90 (-1.62%) // 90-day high: $251.03 // 90-day low: $93.45 // More… $XRP (12:41 p.m. EST): $0.53 (-1.55%) // 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 price of bitcoin quickly rebounded from the news that a South Korean exchange had been hacked. After Bithump confirmed that $32 million was stolen from its exchange on Wednesday, the price of bitcoin fell about 5 percent. The coin, though, recouped those losses only a few hours later. The rebound came, in part, because of Bithump’s quick reactions, two analysts told CNBC. The exchange quickly froze all accounts and paid back investor losses. -CNBC       Buy and sell cool domain names BrandBucket is ecommerce for business naming, featuring thousands of names curated by branding experts. Connecting people who have great domain names with people who need them, BrandBucket brings trust and transparency to domain name transactions. For an ad-free experience, upgrade to Inside Premium       2. Coinbase has been named in at least 115 complaints sent to the Securities and Exchange Commission and the California Department of Business Oversight. Users have accused the site of withholding access to accounts, misplacing large amounts of money, and lacking customer service. Most of the comments tell a similar story: Coinbase lost or misplaced the customer’s money. When the customer attempted to contact Coinbase they were unable to have the matter resolved, or even reach a customer service representative despite multiple attempts. -MASHABLE       3. A large segment of the crypto currency views a new report from Tether with skepticism. The digital coin released a report from a law firm earlier this week that insisted it has backed its $2.6 billion in tokens with traditional currency. Tether’s identity is tied to the belief that its currency is backed by other currency – unlike bitcoin and ethereum. That makes the token, in theory, more of a tool to move funds as opposed to an investment. Critics were quick to poke holes in the report that, if untrue, could mean Tether’s prices are inflated. -COINDESK       4. Amsterdam’s airport has installed a cryptocurrency ATM that lets passengers convert euros to bitcoin or ethereum. The ATM allows travelers leaving the region to get value for their currency before leaving without the typical conversion fees that plague currency conversion. The ATM is being used on a six-month trial. The airport is the first in Europe to install such a machine, but others around the world have tried introducing crypto payments, including Australia’s Brisbane airport. -CCN       5. More than one million people signed up to trade cryptocurrencies on Robinhood in the days after the feature’s release. Co-CEO Vlad Tenev recently said that the influx of crypto users has led to more investments throughout the Robinhood ecosystem. He said cryptocurrency trades have remained strong even as the price of bitcoin declined. His goal is to provide a platform that focuses on stability and reliability, avoiding the downtime that has plagued some crypto exchanges. -COINDESK       6. The House Committee on Ethics will require lawmakers to disclose cryptocurrency holdings that exceed a certain amount. Members of the House must now disclose holdings of more than $1,000 and record any transactions that exceed $1,000 within 45 days of the purchase or sale of a digital coin. The committee also encouraged any member of the House considering taking part in an ICO to make it known before they do so. –MARKET WATCH       7. The Chinese Academy of Sciences, China’s federal science institution, will take part in a new research project around blockchain. The academy has established a new lab that has been launched in collaboration with blockchain startup Tai Cloud Corp. It will focus on “the relationship between blockchain technology and mathematics.” -COINDESK 8. Zcash and Stellar Lumens were added to BitcoinIRA’s retirement platform. The coins now join major cryptocurrencies bitcoin, ethereum, and ripple, as investment options for those that want to place digital coins in a retirement account. –AMB CRYPTO 9. Litecoin founder Charlie Lee weighs in on the Bithump hack. He argues that the hack does not change the fundamentals of bitcoin. –COIN TELEGRAPH 10. Bank of America owns about 50 blockchain patents. The reason is simple: The bank doesn’t want to get left behind. -FORTUNE       From the Forums Bitcoin vs. regulators (in video form). Propaganda. Discussing Charlie Lee’s appearance on CNBC.       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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