Crypto News Digest – June 17th, 2019

Here’s a brief overview of what has been happening in the crypto world in the last week.

Justin Sun has won a bid to dine with the business magnate Warren Buffett after having donated 4.5 million USD. As Buffett is an outspoken cryptocurrency skeptic, this meeting is expected to shed light on the market and bring the conversation forward.

Binance has recently restricted access to the website of its decentralized exchange (binance.org) in 29 countries after having updated its terms of use. If you live in one of those countries, you can still trade with Binance DEX through Magnum.

CryptoCompare is cooperating with Nasdaq to launch a product that will include extensive pricing data on cryptocurrencies, including Bitcoin. It will be available on Quandi and is likely to attract many of its hundreds of thousands of dedicated users.

Ubisoft has announced that it will employ Ethereum to create a use case on its gaming platform, although details are unclear. Having been under development for a few months, the new project will supposedly bring a second-layer solution to handle the excessively large amount of gamers.

CCN, a cryptocurrency news aggregator, resurrected after having shut down earlier this week. The share of the traffic from mobile devices has dropped by 71% soon after the early June Google Core Update, but a solution was found in the end.

Visa has launched an blockchain-based corporate payment system called B2B Connect which has been 2 years in development. The new product will allow some business and transnational transactions to be performed on the ledger.

Binance Coin’s price has reached an all-time high, and its capitalization has exceeded 5 billion USD. With the growing popularity of Binance’s services and the surge in the crypto market, BNB is now at the seventh place in the CoinMarketCap.

Bakkt, a new cryptocurrency platform will launch testing of its first product, Bitcoin futures, on the 22nd of July. There will be daily and monthly contracts and the move is expected to bring about a spike in appreciation of the cryptocurrency.

Ethereum 2.0 is planned to launch on January 3rd, 2020. The date will coincide with the 11th anniversary of Bitcoin’s genesis block. The specifics of the update are still not finalized but will be clear closer to the deadline.

LocalBitcoins has removed its option of purchasing Bitcoin for cash in a face-to-face meeting. The change comes as the company is starting to comply with the EU’s legislation against money laundering through cryptocurrency.

Facebook and its upcoming Libra cryptocurrency have recently secured funding from a number of established tech giants, unicorns and payment service providers including Visa, PayPal, Mastercard, Uber, Lyft, Spotify, Coinbase, eBay, Union Square Ventures, and Stripe.

Overall, it’s been a good week for crypto. Among the bigger coins directly supported in this wallet, BSV enjoyed the greatest gains, having climbed around 18%. Its predecessor BTC is also on the rise by 17%, and ATOM, ETH and EOS are growing yet again at 12%. These are the top performers of this week.