News : Crypto News Brief - 05/14/2018
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y Bitcoin 
10% of miners now uses the first Bitcoin smart contracts sidechain; the startup behind the technology, RSK, is set to reveal this at the upcoming CoinDesk Consensus 2018 conference; the sidechain was initially launched this past January; this is seen as impactful since it shows the support for the content - Link 
Monday 05/14/2018 12:17

Record number of more than 8K people are expected to flock to the Consensus blockchain conference; this event will see blockchain developers and aficionados; the event will see famous speakers such as Jack Dorsey; moreover, Snoop Dogg will headline a Ripple bash in conjunction with the conference - Link[Image: Screen-Shot-2018-05-14-at-3.55.00-PM-300x210.png]
Monday 05/14/2018 12:20

China to release monthly cryptocurrency reports; this comes following China highly publicized ban of ICOs; nonetheless, the official government press release stated that this independent analysis of cryptocurrencies and global public blockchain ”demonstrates the confidence of the Chinese government in the technology” - Link 
Monday 05/14/2018 12:15

South Korea’s financial watchdog, the FSS, will help in the UPbit investigation; the investigation relates to a reported liquidity issue for UPbit; it appears as if the cryptocurrency exchange will not yet be charged with any illicit activities; this comes after the formation of a special cryptocurrency task force formed by the FSS - Link 
Monday 05/14/2018 12:18

A German bank allows users to use Bitcoin to transfer loans anywhere in the world; this comes amid increased sanctions against the likes of Iran and Venezuela, creating an increased need for citizens to move funds between currencies; the German ”Bitbond” uses cryptocurrencies to bypass the widely used Swift system for bank transfers - Link 
Monday 05/14/2018 12:36

Zimbabwe bans banks from processing cryptocurrency payments; this news came from Zimbabwe’s governor this Monday; however, the governor did not implement an outright ban of cryptocurrency trading exchanges; cryptocurrencies provide a relatively safe means of payment in southern African countries, as traditional bank deposits can often lose value - Link 
Monday 05/14/2018 12:22

Research paper finds that transaction patterns can potentially degrade Zcash privacy; this news comes in an article from the researchers at the University College London; the report found that whilst Zcash transactions can be private, the usage patterns chosen by users can potentially infringe on this privacy - Link 
Monday 05/14/2018 12:09

Commonwealth Bank’s CFO Rob Jesudason to lead as Group President and COO; is the publisher of the EOSIO blockchain software and the EOS token, which has a market cap of $12.4B; Jesudason will oversee the scaling of the group’s international operations - Link 
Monday 05/14/2018 12:11

A Scandinavian startup is using the blockchain as a meant to track shipments; the startup, Blockshipping, will provide a real-time registry of the world’s 27M containers on a blockchain-driven platform; this comes as the shipping industry has faced challenges posed by security threats - Link 
Monday 05/14/2018 12:13
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