60 Minutes Bitcoin / Facebook In Switzerland / 376 Ether Individuals / LVMH Blockchain Tracking

Inside Bitcoin presented by Linode.

Presented by Subscribe | View in browser $BTC (2:50 p.m. EST): $7,734.28 (-3.17%) // 90-day high: $8,320.82 // 90-day low: $3,733.75 / / More… $ETH (2:50 p.m. EST): $245.32 (-4.29%) // 90-day high: $275.39 // 90-day low: $125.40 // More…       1. 60 Minutes ran a special on bitcoin titled 'Bitcoin's Wild Ride' hosted by Anderson Cooper on Sunday night. The documentary covered Charlie Shrem, the founder of Bitinstant; Laszlo Hanyecz, known as having completed the first real-world transaction involving bitcoin; and Marco Streng, the CEO of Genesis Mining. Searches online for 'bitcoin', 'what is bitcoin', and 'how to buy bitcoin' surged after 60 Minutes aired its bitcoin program special. Did you tune in last night? If so, what are your thoughts on 60 Minutes coverage of bitcoin? Let me know! -CBS NEWS       2. A study published by Chainalysis showed that 33 percent of the circulating supply of Ether is owned by 376 individuals. The study showed that these whales had no meaningful impact on the overall Ether price but their transaction velocity did increase the volatility in the crypto market when they made large sell-offs or purchases. 60% of these whales were deemed to be non-active traders and are holding Ether as a long term investment. -COIN DESK       A MESSAGE FROM LINODE Need a server up and running today? Have your choice of Linux distro, resources, and node location and instantly deploy an SSD server in the Linode Cloud. Now offering Dedicated CPU instances, designed for all high performance computing needs.  Here's $20 worth of hosting on us to get you started. 3. Facebook registered its blockchain payments company Libra Networks in Switzerland. The filing shows that the Swiss-based company is focusing on blockchain and payments as well as data analytics and investing. Facebook Global Holdings is listed as a stakeholder in the new company and was registered in Geneva on May 2nd to provide financial and technology services and develop related hardware and software programs for Libra Networks. Earlier this month after it was revealed that Facebook would be working on building a cryptocurrency, the U.S Senate Banking Committee sent Mark Zuckerberg a letter asking how crypto-based payments related to legal, regulatory, privacy and consumer protection concerns. -REUTERS       4. LVMH Moet Hennessy Louis Vuitton developed its own blockchain system for authenticating a luxury good called AURA. LVMH partnered with Microsoft and blockchain software company ConsenSys to build the system and will begin implementing the technology for its Louis Vuitton and Christian Dior brands. AURA will be used to safeguard creative intellectual property and prevent advertising fraud. Consumers will be able to trace the lifecycle of its products, including design, raw materials, manufacturing, and distribution. -RETAIL DIVE       A MESSAGE FROM TWIT When It Comes to Covering Tech, TWiT.tv Hits Every Angle TWiT.tv publishes 15 podcasts a week focused on news, perspective, help, and how-tos. Learn about the latest innovations, privacy, social media, security, plus reviews of smartphones, laptops, tablets, PCs, and wearables. If it has a chip, Leo Laporte and friends have a podcast for it. Find Your Next Favorite Podcast Here 5. Seoul, South Korea will implement blockchain technology in its citizen cards to store user data. -COIN TELEGRAPH 6. Several of the world's largest banks including UBS, Barclays and HSBC are investing $50 million to create a digital cash system to settle financial transactions on the blockchain. -REUTERS 7. 30,000 ETH that was stolen from cryptocurrency exchange Cryptopia in January was transferred to an unknown wallet a week after the company announced liquidation proceedings. -AMB CRYPTO 8. Andrew Haldane, the chief economist of the Bank of England, recently recognized the potential of bitcoin to recast the current financial system architecture. -BLOCK PUBLISHER 9. CoinGecko introduced a Trust Score to combat fake exchange volume data reporting. -COIN GECKO 10. London-based global fund network Calastone is switching its entire system for fund trade clearing services to its blockchain distributed market infrastructure and onboarding it's current 1,800 customer base. -COIN TELEGRAPH       Written and curated by Darren Webb. He created Currencylists and has worked in marketing roles for a multitude of cryptocurrency and blockchain projects since 2014. Based in NYC, Darren loves to read and continue to learn about cryptocurrency and emerging technology in his spare time. You can find him on Twitter @Dwebbny. Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside) and David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).

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