$9K Listing / Iran / Delaware / Saudi Arabia

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: BTC (1:47 p.m. EST): $6,199.76 (-3.24%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More… $BCH (1:47 p.m. EST): $682.62 (-2.38%) // 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (1:47 p.m. EST): $432.98 (-1.92%) // 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (1:48 p.m. EST): $76.69 (-2.52%) // 90-day high: $251.03 // 90-day low: $73.12 // More… $XRP (1:48 p.m. EST): $0.43 (-2.97%) // 90-day high: $1.20 // 90-day low: $0.43 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. The price of bitcoin spiked to nearly $9,000 on the WEX exchange on Wednesday. The price listing served as an outlier to other exchanges that had the coin trading near $6,300 per coin. No reason for the price spike was given, although WEX traditionally offers higher prices than other exchanges, although not nearly to this extent. The unexpected surge stoke speculation that WEX is insolvent, suffering banking problems or preparing for a calculated exit. -COINDESK       2. The Iranian government may turn to bitcoin to bypass banking sanctions. U.S. ambassador Richard Grenell said on Tuesday that Iran plans to withdraw 300 million euros in cash held in Germany banks, something that United States government wants to block. Instead, the government may turn to bitcoin and take advantage of the cryptocurrency’s borderless nature. A number of Iranian citizens have already done so amid economic insecurity following the withdrawal of the United States from the 2015 nuclear agreement between the two countries. -BITCOINIST ​​​​​​​       3. Delaware plans to launch a proof-of-concept for a blockchain-based business filing system later this year. The system, which is being built by IBM, will be based on the Hyperledger Fabric blockchain framework. The system will be less about registering businesses within the state, but helping registered corporate agents and law firms interact with state officials to conform with state regulations. –COMPUTER WORLD       4. Dirt Protocol, a San Francisco-based startup, has raised $3 million. The company is building a registry for cryptocurrency information where different stakeholders can vote to verify accuracy. The goal is to create a reputable list of verified ICO projects, similar to how the Better Business Bureau has served to approve small businesses. -FORBES       5. The Riyadh Municipality in Saudi Arabia has partnered with IBM to develop a blockchain system for government. The Riyadh government, IBM, and Elm Company, a Saudi tech firm, is currently arranging workshops to determine which government services can be upgraded using blockchain. The move is part of the Saudi government’s 2030 Vision, a plan to move the country economy away from its dependence on oil. –COIN TELEGRAPH       6. Fujitsu has launched a new service that the company claims can assess the viability of any blockchain project in a week. Called the Minimum Viable Product service, the company aims that product at organizations that want to jump-start a new blockchain development project or remove risk from an existing one. By determining the viability of a project, Fujitsu wants to help organizations avoid the common pitfalls many organizations run into when launching a blockchain project. The service will cost $10,000 for each assessment. –ASIA TIMES 7. Coin Telegraph writes up a panel discussion featuring the Ethereum Foundation’s Joseph Lubin, noted crypto investor Mike Novogratz, Crypto.com CEO Kris Marszalek, TenX’s Julian Hosp, and the Wall Street Journal’s Jacky Wong. The group spoke at the Rise conference in Hong Kong earlier this week. –COIN TELEGRAPH 8. Jeffrey Wernick, an early investor in Uber and Airbnb, explains why he bought bitcoin in 2009. Wernick said it was not just speculation that the price would rise but a belief in bitcoin’s utility. –BUSINESS INSIDER 9. Bitcoin ownership in Canada has almost doubled in the last two years. A new survey showed that about 5 percent of Canadians own bitcoin, up from 2.9 percent in 2016. -COINDESK 10. Bitcoin has slunk toward $6,000 per coin again. One columnist highlights three things that make this a key price for bitcoin trading. -FORBES       From the Forums The bitcoin cash tipping point is coming. Bitcoin and the future of global debt. Bitreon is a scam.       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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