01-04-2018: Facebook CEO, Mark Zuckerberg Looking to Integrate Cryptocurrencies

Daily Crypto - Bitcoin, Blockchain, Ethereum, Altcoin & Digital Cryptocurrency World News

Facebook CEO, Mark Zuckerberg, released a post on Facebook this morning saying that he will look into integrating cryptocurrencies and decentralization into Facebook services. In the post he stated “There are important counter-trends to this –like encryption and cryptocurrency — that take power from centralized systems and put it back into people’s hands. But they come with the risk of being harder to control. I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services.”

Ripple executive chairman Chris Larsen has become “the richest person in the world” according to reports assessing his stake in the exploding price of XRP. In a tweet Wednesday, George Kikvadze, founder of BitFury noted that Larsen’s 37% stake in Ripple, which has an ‘implied’ market value around $320 billion, makes him richer than Bill Gates and Warren Buffett. There is controversy over Ripple being a centralized platform. Ripple is currently the second largest currency by market capitalization. [bitcoinist]

The US Securities and Exchange Commission (SEC) has issued its second warning in a month to those investing in cryptocurrencies. In a statement earlier today, the governmental body advised those involved in the space to “exercise caution” with Bitcoin and other digital currencies. SEC Chairman Jay Clayton, along with Commissioners Kara Stein and Michael Piwowar, said many companies hosting initial coin offerings were not doing so within compliance of federal and state securities regulations. They went on to state that whilst legislators were attempting to keep pace with the rapidly evolving markets, policing them is difficult and thus investors must use their due diligence when deciding whether to get involved with crypto investments. [newsbtc]

The cryptocurrency TRON (TRX) posted 136 percent growth, becoming the 9th largest cryptocurrency by market capitalization, and pushing Dash to 11th place. The altcoin has been on a bullish trend since mid-December, growing well over 2,000 percent since then. In the first week of 2018 alone, the coin has seen almost 300 percent growth. TRON hit $0.20 earlier today, and is currently trading at an average of $0.17, with a market cap of $12.4 bln at press time. [cointelegraph] And lastly, researchers have published a report on two hardware bugs that allow programs to steal sensitive data on affected devices, which is “most” devices worldwide. For crypto users, these bugs are a direct threat to the security of their private keys, making the need for secure hardware storage of crypto funds even more pressing. [cointelegraph]

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