California’s Kantoor of Marihuana Control sent cease-and-desist letters ter April to almost 1,000 marihuana businesses that it believed to be operating without utter legítimo permission, according to a report by the Marijuana Business Daily.

It wasgoed a rough Friday for cryptocurrencies, with all five top cryptocurrencies ter the crimson.

EOS (EOS-USD) wasgoed the top decliner of the day, falling more than 13% to US$14.97.

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The second-largest decliner wasgoed Bitcoin Specie (BCH-USD), falling almost 8% to US$1,399.27 followed by Ripple (XRP-USD), which fell more than 7% to US$0.Sixty-nine.

Facebook Inc (NASDAQ:FB) is programma to launch its own cryptocurrency, according to a report from Cheddar.

It wasgoed a rough Friday for cryptocurrencies, with all five top cryptocurrencies te the crimson.

EOS (EOS-USD) wasgoed the top decliner of the day, falling more than 13% to US$14.97.

The second-largest decliner wasgoed Bitcoin Metselspecie (BCH-USD), falling almost 8% to US$1,399.27 followed by Ripple (XRP-USD), which fell more than 7% to US$0.Sixty-nine.

Everyone thought Upbit wasgoed totally above this sort of thing, due to its high standing.

Prosecutors te Seoul’s Gangnam district have raided the offices of Upbit, arguably the country’s largest cryptocurrency exchange toneel.

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Vanaf numerous reports from South Korea’s fattest news agencies, prosecution officers stormed Upbit’s offices on May Ten and 11, seizing hard drives and accounting ledgers, with police suspecting Upbit has falsified official financial records.

EOS MAINNET LAUNCH

What is EOS: Ethereum Operating System(EOS) wasgoed developed by Block.one, which comes with Dan Larimer, who previously invented Bitshares and co-founded Steemit. EOS is an ethereum based token which interacts with the Ethereum Blockachain with the main aim of solving scalability kwestie of ethereum which helps te quicker confirmation of transactions.

EOS Snapshot Exposes Ten Accounts Hold Almost 50 procent of Tokens: Voting Rights Massively Inequal – Bitcoins Channel

A snapshot of EOS addresses exposed that only ten wallets hold overheen 496,735,539 tokens or 49.67 procent of all one billion EOS tokens. The “raw code” wasgoed posted to GitHub after the June Two EOS snapshot.

The EOS Money Vertoning

Block.one, the company that issued EOS’s ICO and the developed the protocol’s initial code, holders overheen 100 million tokens or Ten procent of the total circulating supply.

At least ter South Korea, where fresh cryptocurrency exchanges are opening even when there is an inability to accept fiat deposits.

Fresh regulations arise every single day te the Asian Country. But this does not mean that fresh cryptocurrency exchanges can&rsquo,t emerge. A number of fresh cryptocurrency exchanges are launching te South Korea amid regulatory challenges imposed by the government. Since regulations began to be effective, banks have only bot working with the four largest cryptocurrency exchanges te the country.

According to CNBC , Bessant commented that cryptocurrencies were not designed to be semitransparent, stating that the traditional banking system provides users with just such a facility inbetween the sender and the receiver.

Today on Bitcoin This Week wij have a weekly recap of Bitcoin news. Wij discuss Upbit and the investigation into their alleged fraud, the stand Handelsbank of America has taken against Bitcoin and more.

Upbit Under Investigation By Police

Chosum, a recinto news outlet has reported that Upbit, one of South Korea’s largest exchanges, and fourth by trading volume globally (making it one of the largest exchanges te the world), is being investigated by police for alleged fraud.