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The words of concern are warranted - because of changing conditions on the network, there's a possibility users of the startup's wallet software are overpaying for transactions.

MakerDao, the blockchain startup behind the ERC-20 based stablecoin DAI, announced it has started a pilot program with the supply chain management startup Tradeshift to speed up the payment process for small businesses via blockchain.

Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion.

South Korea has taken another step towards the legitimization of cryptocurrency with the announcement of a new regulatory initiative that will see blockchain platforms and businesses governed by a new classification system.

On July 3rd, 2018, CipherTrace reported that the first half of 2018 had three times the amount of cryptocurrency exchange theft than all of 2017.

According to court documents filed July 3, YouTube has been added as a defendant in a class action lawsuit against BitConnect.

The Indian National Congress party, the largest political party in the nation, is accusing the ruling Bharatiya Janta Party of money laundering through bitcoin.

Amsterdam-based speed trader Flow Traders NV has entered the cryptocurrency market despite the warnings of the Dutch Authority for the Financial Markets not to buy and sell digital currencies, Bloomberg reported July 5.Europe's largest trader of exchange-traded funds Flow Traders NV is reportedly the first firm to buy and sell exchange-traded notes based on Bitcoin and Ethereum.

A long-controversial bid to change bitcoin just got a big boost.

To be approved by the BNR, entities should develop a formal framework to manage the carefully designed e-money issuance activity.

The Venezuelan Minister of Habitat and Housing Ildemaro Villarroel has announced that the country's government is planning to fund the construction of houses for the homeless with the national cryptocurrency Petro, Criptotendencia reports Thursday, June 5.The government will fund a project called the "Great Mission for Venezuela Housing," which aims to make quality housing more accessible to the homeless.

The Maltese Parliament passed a series of pro-blockchain bills into law, heralding the launch of a new concrete legal framework for blockchain industry within the island nation.

An official from Indian opposition party the Indian National Congress has demanded a probe into a "Mega Bitcoin scam," The Hindu reports July 5.

The Reserve Bank of Zimbabwe has initiated studies of blockchain technology with a view to subsequently embrace the technology and integrate it into the bank's business processes, local news outlet NewsDay reported July 5.Speaking at the Alpha Media Holdings' Banks and Banking breakfast meeting in Harare yesterday, RBZ governor John Mangudya reportedly said that the bank is looking to embrace the technology.

In February 2018, poet and former Icelandic presidential candidate, Andri Snær Magnason, took to Twitter to decry the immense energy consumption of Bitcoin miners.

Europe's largest trader of exchange-traded funds is now entering the crypto world.

Bittrex, a U.S.-based cryptocurrency exchange platform, and invest.com, a fintech startup based in London, are set to launch a new EU-focused crypto trading platform.

On June 30, almost a year after the widely successful ICO - a project that raised $232 million worth of BTC and ETH back in July 2017, setting a record at the time - which was followed by an internal dispute and several class-action lawsuits, the Tezos Foundation has finally launched its beta network.

The Reserve Bank of India's deadline to implement ban to stop dealing with all crypto-related accounts expires Thursday, July 5, local news outlet The Times of India reports.

IBM has signed a five-year AU$1 billion deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5.The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence to Australian federal departments, including defense and home affairs.

One, the company that designed the EOS blockchain software, has appointed a former executive from Jefferies Group LLC to lead its $1 billion venture capital arm.

The new law in Michigan seems to be aimed, rather, at protecting the network from so-called "51 percent attacks", which have become a serious problem for the entire crypto community in 2018.Blockchain data immutabilityThe word "Immutable" is heard frequently when people speak about blockchain.

A new patent application from IBM outlines a way for developers to catalog coding updates and milestones on a blockchain.

The US Internal Revenue Service has launched an international joint task force focusing on cryptocurrencies in order to investigate crypto-related tax evasion and money laundering.

Distributed ledger startup Ripple is facing another class-action lawsuit tied to the legal classification of the XRP cryptocurrency.

The recently-launched collectable crypto game Blockchain Cuties is set to take the personalized gaming experience to the next level, with plans to introduce ultra-customized avatars designed by graphic artists.

Thursday, July 5: crypto markets are seeing some red, with most major coins down up to 3 percent in 24 hours to press time.

Gravity-defying might be the best way to describe the "Ethos" token market this week.

The former CEO in Asia for Jefferies Group LLC, a major global investment banking firm, has joined as head of EOS' $1 billion venture capital arm effective Thursday, July 5.

The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5.Three Korean ministries - the National Statistical Office, the Ministry of Science and Technology, and the Ministry of Information and Communication - are said to have been working since the end of last month to produce the final draft of a new blockchain industry classificatory scheme by the end of July.The scheme will reportedly serve as a basis for policy making, notably aimed towards "Blockchain promotion and regulatory frameworks," and covers areas including blockchain systems construction, decentralized applications development, and cryptocurrency exchanges and transactions.