Tim Draper Urges Argentina’s President to Legalize BTC, Crypto Exchange Bithumb Reportedly Hacked, and Other News

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Tim Draper Urges Argentina's President to Legalize Bitcoin to Improve Economy What is this all about? When speaking to Argentine president Mauricio Macri, crypto bull and investor Tim Draper said that the legalization of Bitcoin in the country could help improve their economic situation, including the devaluation of the Argentine peso What did he say? Draper also proposed a humorous bet, stating that if the peso would be valued more than Bitcoin, he would double his investment in the country, but if BTC became higher than the peso, Argentina would have to declare the crypto a national currency Read more here Over 130-Year-Old Liquor Company William Grant & Sons to Track Whiskey on Blockchain What is this all about? Premium scotch whisky brand Ailsa Bay, which is owned by William Grant & Sons, a liquor company founded in 1887, is set to launch what it claims to be the world's first scotch whisky tracked on the blockchain in order to develop new products and a system to trace manufacturing from distillery to store What is this for? The reason behind the blockchain tracking is to prevent whisky counterfeiting in the United Kingdom, as well as allow the firm to gather data on both existing and potential customers by employing location systems for the purchases Read more here Crypto Exchange Bithumb Reportedly Hacked of Almost $19 Mln in EOS, XRP What happened? Crypto exchange Bithumb reported this weekend that they have experienced a hack of an unknown amount. The withdrawals and deposits have been temporarily paused, and the loss apparently does not affect users' funds, but only those of the exchange What are the losses? Unconfirmed reports state that around 3 million EOS (around $12.5 million) and 20 million Ripple (about $6.2 million) make up the stolen funds Read more here BitTorrent to Release P2P Social Media App BitTorrent Live in Q2 2019 What is this all about? Tron-owned peer-to-peer software company BitTorrent announced that it will release the public beta version of its decentralized social media app BitTorrent Live in Q2 2019 How would it work? The app, a video-based social media platform seemingly similar to Snapchat and TikTok, allows its users to create live content and connect with other people through mobile devices Details here                                                        Weiss Crypto Ratings Puts Bitcoin Aside EOS and XRP in Annual Outlook What is this all about? The newest Weiss Crypto Ratings have given top cryptocurrency Bitcoin an "A," along with Ripple and EOS , in its report based on the analysis of 120 cryptocurrencies What does the "A" mean? The report states that XRP received the "A" ranking as it is well-positioned to compete with global interbank system SWIFT, while EOS was noted as making a solid attempt to become the "backbone of the new internet." Bitcoin's "A" ranking was due to its Lightning Network upgrade and use as a store of value Read more here Prefer video instead of text? Check out our latest Hodler's Digest Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. COINTELEGRAPH LIMITED · Shelton Street, Covent Garden · London