The Week in Crypto 24/11/17

The News

  • The total market cap surpassed $250B on Thursday following another strong week for the market. coinmarketcap
  • Tether, a cryptocurrency designed to be pegged to the USD announced $30M USD was stolen out of one of their wallets. tether
  • The Korean Financial Supervisory Service released a statement indicating they have no plans to regulate bitcoin trading anytime soon. koreatimes
  • CBOE released specifications for the bitcoin futures contract that it will launch next year, pending regulatory approval. cboe


  • Quantstamp, a security audit protocol to vet smart contracts raised $49M in their ICO. icodata


  • The Government of Bermuda have created a blockchain task force with the aim of introducing regulation to attract future crypto companies.
  • Air New Zealand have partnered with blockchain travel platform Winding Tree to improve the efficiency and security of services they offer. reuters
  • Dnata, a Middle Eastern travel services company announced the successful completion of a blockchain pilot to track air cargo. dnata


  • Another record-breaking week:
  • Bitcoin reached $8,350 USD
  • Ether reached $440 USD
  • The overall market cap reached $258B USD
  • Bitcoin was up 6% and ether was up 32%