Daily Roundup – August 11, 2017

Daily Roundup – August 11, 2017

According to Bitfinex’s official blog, the digital asset exchange is making service changes regarding their U.S. customers. As part of the changes, U.S. customers will no longer be able to trade Ethereum-based ICOs.

According to CNBC, the bitcoin price has surged to a record high while global stocks have fallen due to worries about the North Korea nuclear threat.

Bitcoin developer Jack Mallers has announced Zap on his Medium blog, which is a user interface for Bitcoin’s Lightning Network. In the post, Mallers included a short video of a minimum viable product.

According to CNBC, HBO offered $250,000 worth of bitcoin to a hacker who stole data from the company. A source at the company told CNBC that the offer was nothing more than a delay tactic.

According to Bloomberg, bitcoin exchanges has struggled to gain confidence from investors. This is viewed as the biggest obstacle towards bringing more money into the cryptocurrency market from institutional investors.

Featured image via Pixabay.

About The Author

Kyle Torpey

Kyle Torpey is a freelance writer and researcher who has been following Bitcoin since 2011. His work has been featured in VICE Motherboard, Business Insider, NASDAQ, New York Post, The Next Web, American Banker, and other media outlets. You can follow Kyle on Twitter, send him an email, sign up for his daily Bitcoin newsletter, or visit his personal website.

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