Congressman Outlaws Crypto / SEC Commissioner / Binance Hack Update / Follow @NLW

Inside Bitcoin presented by Managed By Q.

Presented by Subscribe | View in browser $BTC (2:35 p.m. EST): $6,406.57 (5.11%) // 90-day high: $6,434.62 // 90-day low: $3,607.70 / / More… $BCH ABC (2:35 p.m. EST): $288.72 (3.14%) // 90-day high: $342.87// 90-day low: $119.55 // More… $ETH (2:35 p.m. EST): $174.97 (4.23%) // 90-day high: $184.38 // 90-day low: $117.11 // More… $LTC (2:35 p.m. EST): $76.82 (4.78%) // 90-day high: $97.50 // 90-day low: $41.27 // More… $XRP (2:35 p.m. EST): $0.30 (1.61%) // 90-day high: $0.37 // 90-day low: $0.28 // More…       1. Rep. Brad Sherman (D-California) called on his fellow members of Congress to ban cryptocurrency purchases within the United States. Sherman said that cryptocurrency has disempowered foreign policy practices and tax collection enforcement, and weakened the dollar. He added that Hamas has accepted cryptocurrency donations on its website to skirt state-imposed regulations. and that cryptos offer "benefit for those who wish to commit a crime." Many proponents for banning cryptocurrency believe that criminals use cryptocurrency as a way to stay hidden. However, it's worth noting that special counsel Robert Mueller and his team used cryptocurrency transactions during its investigation into the Russian government. -NEWS BTC       2. SEC Commissioner Hester Price said the SEC must not over-regulate the cryptocurrency industry as it could stifle innovation. She said she was concerned that "the SEC would lead with its enforcement powers, thus allowing anxiety about the risks of new technology to overshadow the opportunities it presents. I worried that hasty regulation would smother the industry in its infancy." Pierce also criticized leaders for not moving forward with a bitcoin ETF. In July 2018 the SEC rejected a Bitcoin Trust ETF proposal by Cameron and Tyler Winklevoss, believing that bitcoin was flawed because of its underlying infrastructure.  -CRYPTO CURRENCY NEWS       A MESSAGE FROM MANAGED BY Q 2019 Workplace Trends Report How, where, and why we work is changing. This report identifies the five major trends that employers of all sizes and industries must effectively integrate into their workspace to stay relevant as workplace culture and technology rapidly evolve.   Download the 2019 Workplace Trends Report 3. Follow Friday: Nathaniel Whittemore tweets at @NLW and has become best known for his Long Read Sundays, where he puts together a compilation of the previous week's best news and happenings in the cryptocurrency and blockchain space. In last week's edition, Whittemore, who works as a crypto and blockchain consultant, went over the missing $850 million from Bitfinex, the proliferation of IEOs, and cryptos influence in Venezuela. Today at EtherealNY, Whittemore was the keynote speaker on narratives and communication in crypto during NYC Blockchain Week. "Everyone in crypto has a story to tell. How that story is told, and who it is told to is more important than even the tech sometimes," he said. Listen to his Off The Chain podcast episode with Anthony Pompliano where he talks about how crypto and marketing are intertwined.        4. Binance CEO Changpeng Zhao published a security incident update for the first time since $40 million was stolen from the exchange. Zhao also apologized for making an off-the-cuff remark during a live AMA where he said Binance was looking into the possibility of conducting a transaction rollback, which angered many in the community. That process goes against the principle of blockchain immutability and the inability to change transactions once they are complete. Zhao noted that Binance will be aiming to improve its risk management process, user behavior analysis, Know Your Customer procedures and anti-phishing tactics. -COIN TELEGRAPH       A MESSAGE FROM VETTERY Hiring moves fast—stay ahead of the game with Vettery's 2019 Tech Salary Report As a tech leader, you're used to a day-to-day in flux. You're focused on the big picture—roadmapping, goals, and maintaining your vibrant company culture—time is money, as they say. So let us streamline things. Want the tools to help you achieve your goals and hire talent? Vettery has you covered. 5. Nordea opened up its blockchain-based trading platform to small and medium-sized businesses. -COIN TELEGRAPH 6. More schools like Northwestern, UT-Austin and UCLA are offering blockchain and cryptocurrency classes. -PC MAG 7. NYC has an initiative to diversify the blockchain industry by making sure women and minorities have access. -CRAINS 8. Some users have not been able to withdraw their funds from Bitfinex as $430 million in crypto funds have exited the firm's cold wallets. -CRYPTO SLATE 9. Security firm Metacert CEO, Paul Walsh, believes the Binance security breach may have started with Binance's anti-phishing awareness test. -METACERT 10. Bitcoin market dominance topped 58%, its highest level in 2019. -FX STREET       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); Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram); and David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).

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