Hey Inside Crypto readers. We're excited to introduce Inside Business, our latest newsletter. Inside Business covers business from the intersection of technology, giving you a look at the financial markets, the economy, media, retail, startups, and entrepreneurship to level-up your business knowledge. We provide only what you need, saving you time while going deeper to bring you a level of analysis you won't find elsewhere. Subscribe here, and thanks for being an Inside reader. | |  Rebecca |  | | |
Market prices are a mixed bag during Wednesday trading; however, Bitcoin is gaining ground toward the $9,000 mark following its block reward halving earlier this week. | Bitcoin | $8,926 | +1.72% | | Ethereum | $190 | +0.30% | | XRP | $0.198 | +0.66% | | Tether | $1.00 | +0.05% | | Top 100 Winner: Electroneum | $0.005 | +32.03% | | Top 100 Loser: Crypterium | $0.448 | -22.61% | Prices are as of 4:00 p.m. ET.
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Hey everyone! 👋 Welcome to today's newsletter. Here's a quick summary of our top stories: Just a quick reminder: If you subscribe to our premium content, you'll receive Inside Cryptocurrency ad-free five days a week, along with features like our daily Masterclass, interviews with crypto experts, and the latest studies and reports on crypto. Right now, we're offering 50% off of our monthly plan (only 12 slots left!) if you use the promo code Crypto50. Click here to upgrade to premium! Best, | | Rebecca | | | |
Bitcoin can't be protected by Chinese law, according to a court ruling. A court in Fujian province was considering a dispute that involved an investment into a "Bitcoin-themed club." The plaintiff had invested around ... | |
 Bitfinex launches institution-grade custody and post-trade services. As part of the launch, Bitfinex is teaming up with digital asset custodian Koine, which will enable professional investors to lessen the counterparty and settlement risks linked with cryptocurrency trades. | |
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Crypto Masterclass, featuring Adriana Belotti. Our Crypto Masterclass feature showcases a well-known thought leader or expert in the crypto space, including their visions and advice for the future. "Bitcoin frees your mind." Belotti, who hosts Bitcoin and blockchain meetups, is of the view that Bitcoin equals financial freedom, not just freedom from government-issued currency but from financial norms. She continues ... | |
 The IRS is reportedly seeking third-party contractors to audit crypto tax returns. The IRS is searching for contractors to assist with calculating crypto tax returns; however, one company won't be offering its services. | |
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 Telegram is closing the doors on its TON blockchain project. Pavel Durov, founder and CEO of Telegram, said that its involvement with its Telegram Open Network (TON) "is over." Over the last 2.5 years, Durov stated that engineers had been working on the blockchain platform and its Gram token. When integrated with Telegram, TON was designed to change how people store and transfer funds and information. However, according to the Telegram founder, its battle with U.S. regulators was to blame for its decision to end the project. More: - The SEC sues Telegram to prevent the company from issuing its Gram token to U.S. investors, sold in a $1.7 billion sale, which Telegram had failed to register.
- The TON network was expected to launch last November.
- Telegram lost a round to the SEC in its coin offering fight in March, after the regulator convinced a New York federal judge that the Gram token was a securities offering.
TELEGRAM 
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Blockchain-based agtech startup Agri10x teams up with the Indian government to allow farmers to sell to buyers directly. As part of the partnership, Agri10x will have exclusive access to half a million common service centers across India, which will help farmers register on the blockchain platform, enabling them to sell their produce directly. Pankajj Ghode, CEO of Agri10x, said that Indian farmers are the "unsung heroes" of the Indian economy and it wants to help farmers get easy access to the global marketplace and to sell their produce directly, without any middlemen. BUSINESS STANDARD
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 |  | This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. | | | | Editor | Edited by Elizabeth Barr, who creates and consumes at the nexus of media and tech. She ran sections and sites at publications such as the Buffalo News, AOL News and the Huffington Post before becoming a software developer, creating content-discovery products like FitPop and Where the Truck. Elizabeth's all-in on newsletters, covering news and pop culture on the sometimes-funny Mediavore. | |
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