News : Weekly Crypto Brief (05/06/2018)
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y Bitcoin 
Vitalik releases partial proof-of-concept for Ethereum 'Sharding' tech ; sharding means that Ethereum can be scaled more efficiently; this means each node does not need to process every transaction - Link
Reddit looks to re-allow Bitcoin payments; moreover, Ethereum and Litecoin support is reportedly incoming; this comes as Reddit previously disabled Bitcoin as a viable payment method for Reddit Gold back in March; Reddit claims that support was removed due to issues with Coinbase’s payment platform - Link

Telegram shelves plans for a public ICO; this comes following two funding rounds from private investors which have jointly raised $1.7B; Telegram intends to use these funds to develop a new digital payment platform known as the ”Telegram Open Network” - Link

Goldman Sachs set to begin trading Bitcoin futures within coming weeks; this news comes out of a report from the New York Times; the exact launch date of the trading operation is not yet confirmed; however, the bank’s board of directors have reportedly signed off on it - Link

Billionaire Peter Thiel’s venture capital firm "Founders Fund" is looking to back a cryptocurrency trading startup; the startup, Tagomi Systems, intends to bring expertise in electronic trading from Wall Street to the bitcoin market; this comes as more are considering the notion of Bitcoin gaining more widespread adoption - Link

Iran develops own cryptocurrency following central bank ban; this news came from a government official just days after the country implemented a country-wide ban on cryptocurrencies; the experimental state-developed cryptocurrency will reportedly not be affected in any way - Link

A new UN program uses Coinhive to asks users to donate CPU processing power for crypto mining; this initiative is known as the Hope Page; proceeds from the cryptocurrency mined will go to children in Bangladesh - Link

Japan’s Financial Services Agency looking to reduce the use of cryptocurrencies that are difficult to track, such as Ripple; this is to discourage their use in criminal activities; the FSA has informed Japanese exchanges of this intent - Link

Bitmain announces the new Antminer Z9 mini, an ASIC miner capable of mining Equihash-based privacy coin Zcash; users are limited to one purchase per person; shipments are expected to begin in June; Zcash’s founder sized on the moment to clarify that he was not opposed to ASICs - Link
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Class action lawsuit against Roger Ver and bitcoin.com is being shut down; this is primarily due to a lack of funds; the lawsuit, which relates to an allegedly misleading portrayal of Bitcoin Cash, sought donations from the community; the suit only received less than $4,000 in donations or 0.39 BTC - Link

PwC Hong Kong and PwC Singapore announces a joint business relationship with VeChain Global Technology; VeChain is a Blockchain service provider that specializes in Internet-of-Things, anti-counterfeiting, and supply chain management; PwC Hong Kong is now discussing the possibility of providing trust-based services on the VeChain platform - Link

Financial technology startup Ripple to face class-action lawsuit; the lawsuit was brought on by the unregistered sales of XRP tokens, which the complaint claims equals to a ”never-ending ICO”; the lawsuit argues that this violated state and federal laws, through offering unregistered securities to retail investors - Link
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Weekly Crypto Brief (05/06/2018) - by Decentralized Investor - 05-06-2018, 10:33 PM