US Residents Will Lose Access to Many Altcoins on Binance, CCN Casts Doubt on Shutdown Plans as Google Appears to Correct Visibility, & Other News

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Google Core Update and threat of CCN shutting down What happened? All cryptocurrency media sites except one — Bitcoinist — had suffered as a result of Google's update. Top cryptocurrency media site CCN (formerly CryptoCoinsNews) suffered more than anyone, experiencing a more than 70% visibility drop on mobile overnight, leading the organization to decide to shut down rather than downsize. Is CCN really shutting down? An update this week from CCN Markets Director Jonas Borchgrevink notes that, for an unexplained reason, the crypto outlet's old domain name, CryptoCoinNews, has been showing up with new 2019 articles on Google, leading the team to decide to keep working. Read more here. U.S. Residents Will Lose Access to Many Altcoins on Binance Starting in September What happened? U.S. residents who use major crypto exchange Binance will lose trading option access for many cryptocurrencies when the exchange puts into action its updated terms of service this September. What about the other cryptocurrencies? According to a table created by CryptoPotato, there are a number of cryptos that will no longer have a trading outlet in the U.S., as well as several tokens that will be listed on only one exchange after Binance closes for U.S. residents. However, veteran cryptocurrencies — including XRP, DASH, XLM, ETC and ZRX — will still be listed on four or more other U.S. exchanges. Read more here. Sale of Telegram's Gram Token on Exchange Liquid Is Not Official: Source What is this all about? The announcement this week from crypto exchange platform Liquid that it would be offering encrypted messenger Telegram's token, gram, in a sale is not officially connected with Telegram, according to a source close to the messaging app.    What happened? Liquid had said that it would be the representative of gram tokens for Gram Asia, which it called the largest holder of the token in Asia. However, in comments to Cointelegraph, a source close to Telegram noted that it was the first time that it had heard of Gram Asia. In separate comments, an investor in Telegram's token told Cointelegraph that no one has rights to sell the tokens before its official launch. Liquid CEO Mike Kayamori told Cointelegraph that the public sale is the result of an exclusive agreement between Liquid and Gram Asia, without the direct involvement of Telegram.   Details here.     Crypto Exchange Bittrex to Block U.S. Users From Trading in 32 Cryptos What happened? Cryptocurrency exchange Bittrex said that it would block its U.S.-based users from trading in 30 cryptocurrencies. What does it mean? American traders will be unable to access a list of coins traded on the exchange, including QTUM and STORJ. Once the ban comes into effect, U.S. users will not be able to buy or sell the select coins, and all open orders involving those coins will be cancelled. However, the coins will be transitioned to the Bittrex International platform. Read more here. Report: Facebook Secures Support From Dozens of New Firms for Its Crypto Project What is this all about? Facebook has reportedly received the backing of $10 million from dozens of players in the cryptocurrency and blockchain sector for its upcoming project dubbed "Libra." Who have supported the project? Facebook has sealed backing from such big players as Visa, Mastercard, PayPal and Uber. The project's investors also include venture capital firms Andreessen Horowitz and Union Square Ventures, cryptocurrency exchange Coinbase and nonprofit organizations including Mercy Corps. Details 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