Gary Cohn / Bithumb Sale / Nouriel Roubini / Litecoin

Subscribe | View in browser $BTC (2:01 p.m. EST): $6,290.46 (0.03%) // 90-day high: $8,209.07 // 90-day low: $6,253.11/ / More… $BCH (2:01 p.m. EST): $444.52 (-0.88%) // 90-day high: $844.12// 90-day low: $420.58 // More… $ETH (2:02 p.m. EST): $197.10 (-2.36%) // 90-day high: $531.53 // 90-day low: $171.58 // More… $LTC (2:02 p.m. EST): $53.08 (0.71%) // 90-day high: $107.31 // 90-day low: $49.35 // More… $XRP (2:02 p.m. EST): $0.42 (2.80%) // 90-day high: $0.57 // 90-day low: $0.22 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Gary Cohn, the former White House Economic advisor, will join blockchain startup Spring Labs as an advisor. The company uses blockchain technology to share credit data between banks. Cohn, who left the Trump administration in March, said he has watched blockchain technology for years and believes it could have a transformational effect on the financial industry. –CNBC       2. Bithumb, the largest cryptocurrency exchange in South Korea, has sold a stake in the firm for more than $350 million. The exchange sold 38 percent of its total ownership to BK Global Consortium, a blockchain investment firm based in Singapore. The deal will make BK Global the biggest controller of Bithumb when the transaction is complete. BTC Holdings Company, which owns Bithumb, has previously sold equity in the company to other investors. –COINDESK       Seamlessly access digital currencies today with Uphold!  Instantly invest, convert, and transfer 8 cryptocurrencies + 23 fiats + 4 precious metals. With Uphold, you can send any currency to anyone, instantly for free. You can even connect to US and EU bank accounts, credit cards, and 8 blockchain networks. Uphold is trusted, transparent, and fully reserved. Click here to sign up for free >>>       3. Economist Nouriel Roubini gave Congress a scathing review of cryptocurrencies during testimony Tuesday. "Crypto is the mother or father of all scams and bubbles," Roubini told the U.S. Senate Committee on Banking, Housing and Community Affairs. He said late last year scammers tapped into the FOMO of largely financially illiterate investors with "scammy crappy assets" without any real value. –BLOOMBERG       4. Litecoin will be tradable on the Gemini exchange starting next week. The digital coin will only be the fourth to be listed on the highly regulated exchange, joining bitcoin, ethereum, and Zcash. Gemini also planned to launch support for bitcoin cash next week, but has delayed that action because of the uncertainty surrounding an upcoming hard fork. –CRYPTO GLOBE       6 Week Blockchain Programme Prepare your business for the blockchain revolution, as you learn from global experts and industry leaders, and interact with an international cohort of likeminded professionals. Learn more now.        5. China reportedly has 19 ways to kill bitcoin. –ETHEREUM WORLD NEWS 6. The keys to $2 million in bitcoin are hidden in this puzzle. –MAXIM 7. A slightly easier contest: Design a paper wallet for the chance to win $100. –BITCOIN.COM 8. Coinbase has added an ERC-20 token for the first time. –SMARTEREUM 9. The Liquid Network could be transformative for cryptocurrencies - if it works. –COINDESK 10. There is some hope October could be the month for a bitcoin rally. –FORBES       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).       Explore the effects of blockchain technology on your business strategy.    Dozens of analysts covering news on 2,000 coins in 24/7 realtime. Over 80,000 staff-written headlines. CryptocurrencyNewsfeed.com Know the FATCA requirements, register now for our AP Tax Compliance webinar with KPMG.

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