BROADCASTS.com

Published: May 10, 2019, 8:50 a.m.

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The Binance Hack

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This week\\u2019s world-shaking news, of course, centres around the Binance Hack. 7070 BTC

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was withdrawn, amounting to more than $40 million during a complex hack that involved

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stealing 2-factor authentication codes and API keys. During a live Twitter AMA, Binance

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CEO, Changpeng Zhao, addressed the increasingly concerned crypto community, and

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assured everyone that emergency measures were in place.

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CoinTelegraph featured this story https://cointelegraph.com/news/binance-ceo-addresses-

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concerns-live-after-40-mln-btc-hack-rejects-blockchain-reorg-idea

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BTC Busts Out

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Hacks aside, it\\u2019s been a great week for BTC, as bullish developments led it towards breaking

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that famed $6000 threshold. And, as of Thursday this week, that beautiful moment we\\u2019ve all

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been waiting for happened.

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Techcentral has more on this bull of a story

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https://techcentral.co.za/bitcoin-soars-above-6-000/89420/

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Could Facebook Coin Be The Catalyst For Mass Adoption?

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If crypto adoption rates are soaring, imagine just how much more they will, when Facebook

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Coin hits our newsfeeds? Spencer Bogart, General Partner at Blockchain Capital, in a

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recent with Bloomberg, called Facebook Coin a \\u201cpotential gateway drug\\u201d that ushers

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in new entrants to the cryptocurrency space.

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Read More on Coingape

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https://coingape.com/facebook-coin-gateway-drug-cryptocurrency-bitcoin/

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What Else Is Happening:

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\\u25cf Fidelity is set to launch its own crypto trading service

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https://www.newsbtc.com/2019/05/06/institutions-inbound-fidelity-set-to-

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launch-crypto-trading-service-as-interest-in-markets-flourishes/

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\\u25cf Bitfinex might be in trouble, as revealed in massive net outflow during last

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month https://www.newsbtc.com/2019/05/08/trouble-bitfinex-posts-record-

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high-net-bitcoin-withdrawals-in-april-2019/

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\\u25cf A new survey has revealed that nearly half of institutional investors feel

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confident about owning digital assets

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https://www.bloomberg.com/news/articles/2019-05-02/fidelity-survey-finds-

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institutional-investors-are-eyeing-crypto

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Featured Tweet:

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We were lucky enough to nab an interview with the incredible Alakanani (@bitcoinlady)

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during Blockchain Africa 2019. And, we were extremely excited this week to spot this news:

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that her Satoshi Centre website has been redesigned! May this Botswana-based bitcoin

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community centre grow from strength to strength!

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