Daily Roundup – July 6, 2017

Daily Roundup – July 6, 2017

According to CoinDesk, a former senior manager at Bain is launching a new fund for the purpose of buying cryptocurrencies such as bitcoin and ether. The fund intends to raise $50 million for speculation on various cryptocurrencies.

According to The Register, Durex condoms could lose millions of dollars after falling victim to the NotPetya ransomware last week. According to a statement released by the company, some of their factories are still not operating normally at this time.

According to US News, two branches of a Tennessee city’s emergency services have been hit by the NotPetya ransomware attack. As part of the attack, two file servers and 19 computers in the police department were breached.

According to Amarillo Globe News, a banker in Texas has admitted that he’s scared for the banking industry due to the technology’s ability to “knock banks out of the game.” The banker in question also claimed his bank, Bank of Commerce, is looking for ways to utilize blockchain technology.

According to a post on Reddit, a Swiss-based news organization has reported that the bitcoin certificate is the most traded structured product on the traditional Swiss exchange.

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.

Press Releases

Ledger Nano S - The secure hardware wallet