Crypto News

Hello steemians,
Crypto madness never stop!

.New ICO record, Bancor raised 153M$ in ether (390k eth) in 3 hours. Last record was coming from DAO with 152M$.
10 885 investors have participated to the ICO with one buyer purchase of 27M$ alone.
15 000 transactions bloated ETH blockchain in a short period of time resulting in transaction loads and delay as we've already seen with BAT ico.

. Sonm ICO happen in 2 days, maximum cap 45M$ with 117k eth adjusted to ETH price before ICO launche.
Looking at previous Ico sales we could expect this one to go fast aswell...

.IOTA will be listed on Bitfinex today. I had to search for informations, Iota stayed under the radar, it was only traded on OTC market, quite revolutionary tech backed by 7 digits investment but mkp looks to be pretty high with about 800M$ mkp (0.2 BTC/GI) priced before introduction to Bitfinex.
Some valuable informations:

https://altcoinspekulant.wordpress.com/2017/06/11/iota-an-update-on-token-distribution-and-exchange-launch%E2%80%A8/

. Jaxx wallet vulnerability exploited by hackers, so far 400k$ funds thefts.
Backup phrase storage methods look to be insuficient to protect our money. Be careful, you should probably remoove your fund, better be safe than sorry.

.Chronobank start issuing LH tokens for Australia. Crypto regulation is coming july the first in Australia.
It could boost adoption for Blockchain HR and recruitment sector as Chronobank has already signed a partnerships with Edway Labour Hire counting over 200k persons under management. Chronobank Time token is also accepted as funding option to sonm ICO.
As you know i think this project is one of the most undervalued in crypto market at the moment.

.Red alert for freewalletorg wallets, 8M$ are drained by robber and counting. Remoove your fund as fast as you can. Watch Realtime robbery:
https://etherscan.io/address/0x11b85b4e2fadaebe04a251377aa35b9be3c785f0

.Max keiser fuel speculation around BTC saying "he heard from a PM of a well known hedge fund" that they "were dabbling in cryptos". He think bitcoin will go soon to 5k$.

.As ETF has been rejected, there is huge demand for regulated crypto fund.
Swiss crypto fund established in Zug switzerland will focus on XRP, Ethereum and Bitcoin. Growing demand by qualified investors for crypto assets will probably drive to another amazing surge in price sooner or later.

            Into wich phases of a Bubble are we?

A good read to have productive thoughts:

https://bravenewcoin.com/news/the-bitcoin-bubble-pinpointing-where-bitcoin-is-among-the-four-phases/

. A recent report from Cambridge Centre estimate the crurrent crypto adoption at 3 Millions Users and Growing. So counting for 9 Billions humans on earth we have a x3000 factor left to reach total adoption.
I think we can state we are still very early adopters!

https://bitcoinmagazine.com/articles/op-ed-new-study-finds-3-million-people-use-cryptocurrencies/

.Is Ethereum blockchain already bigger than BTC?

We have so many interesting data and informations to work with.
It's really hard to stay on top of blockchain innovation and stay updated as it evolves so quickly.

Let me know if you prefer shorter post more digest for you, or i keep doing what i do with longer post trying to give you a better statement of reality.

                            Have a great day!

Links:
http://www.coindesk.com/150-million-tim-draper-backed-bancor-completes-largest-ever-ico/
https://sonm.io/sonm-ico-details/
https://cointelegraph.com/news/jaxx-wallet-vulnerability-users-report-400k-funds-thefts
https://medium.com/@jamie247/our-first-investment-in-tokens-is-b7c41baf2cee
https://www.cryptoninjas.net/2017/05/03/chronobank-starts-issuing-lh-tokens-australia/
https://cointelegraph.com/news/max-keiser-hedge-funds-will-soon-send-bitcoin-to-5k
http://www.livebitcoinnews.com/swiss-crypto-fund-will-focus-xrp-ethereum-bitcoin/