Crypto Digest #22: Germany welcomes blockchain

Divers Collective
Crypto Divers
Published in
2 min readFeb 9, 2018

Germany’s new government coalition welcomes blockchain, Binance is back in business and Russian nuclear engineers arrested for trying to mine Bitcoin on a supercomputer. These are your today’s most important crypto news, presented to you by the Divers Collective.

Germany’s government coalition welcomes blockchain

  • The recently formed government coalition encourages the blockchain adoption and wants to regulate cryptocurrencies. This is stated in the coalition agreement of the new coalition.
  • Blockchain Bundesverband advised the government on the current chances and challenges of the blockchain ecosystem prior to the coalition agreement.

Binance resumed it’s services after the suspension on Wednesday

  • One of the biggest crypto exchanges Binance resumed its services after the suspension on Wednesday.
  • The CEO of Binance Zhao Changpeng disproved the rumors that Binance was hacked and argued that the suspension was necessary for a system upgrade.
    After the relaunch, Binance offered its users a two-week 70% discount on trading fees.
  • This situation might or might not remind you of a recent blackout due to a system upgrade of Kraken.

Russian nuclear engineers arrested for Bitcoin mining

According to an Interfax report, several employees of Russian Federal Nuclear Center were arrested for trying to mine Bitcoin on a supercomputer with one petaFLOPS.

The Co-Founder of MyEtherWallet launched a rival venture

  • The Co-Founder of MyEtherWallet Taylor Monahan announced a launch of MyCrypto.com — a wallet service with almost the same look as my MyEtherWallet.
  • According to Taylor “MyCrypto is designed with next-level scaling in mind from the beginning”.

Bitcoin Lightning Network reached 500 nodes

Bitcoin Lightning Network reached 500 nodes. Three weeks ago the network counted only 50 nodes.

To put this in comparison — Bitcoin is currently distributed on over 11500 nodes according to https://bitnodes.earn.com/

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