Daily Roundup – November 6, 2017

Daily Roundup – November 6, 2017

According to CoinDesk, Bitcoin startup RSK plans to launch an Ethereum-esque smart contracts sidechain before the end of the year. The startup is currently awaiting the resolution of the SegWit2x hard fork attempt.

According to CoinDesk, MIT Media Lab Director Joi Ito has said ICOs are attracting the wrong people to the cryptocurrency space. Ito made the comments during this past weekend’s Scaling Bitcoin workshop.

According to CoinDesk, the US Treasury will audit FinCEN’s cryptocurrency practices as they relate to money laundering and terrorism financing risks.

Over on Twitter, an exchange between Blockstream CEO Adam Back and SegWit2x lead developer Jeff Garzik appears to have illustrated Garzik’s belief that the upcoming SegWit2x hard fork is risky.

According to the South China Morning Post, China’s central bank is researching the creation of their own soverign digital currency at the same time they are cracking down on bitcoin and other cryptocurrencies.

Featured image via Pixabay.

About The Author

Kyle Torpey

Kyle Torpey is a freelance writer and researcher who has been following Bitcoin since 2011. His work has been featured in VICE Motherboard, Business Insider, NASDAQ, New York Post, The Next Web, American Banker, and other media outlets. You can follow Kyle on Twitter, send him an email, sign up for his daily Bitcoin newsletter, or visit his personal website.


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