Binance announced it will be creating a decentralized exchange with its own blockchain. Despite no launch date being given Binance Coin (BNB) was up 25% on the news. Binance is currently the worlds largest exchange by trade volume.
82 Coins Being Delisted from exchange Bittrex because of low liquidity. Bittrex cited rampant fraud as the reason for removal. Unfortunately for investors 28 of the 82 coins have broken withdrawal mechanisms.
$2.5 million was raised for Lightning Network provider Lightning Labs this week. Despite its low capacity (about 4.5 BTC) the network has about 1,000 nodes.
Olver takes aim at ICO’s in Last Week Tonight citing scams such as BitConnect and comparing it to EOS. Oliver was simultaneously condemned by the community at large for spreading FUD and praised for presenting a two-sided, non-Dimon esque argument