Massive Hack Hits Ethereum Parity Clients More Than 30M Ether Still At Large 1

Recently created “Parity” multisig wallets are still exploitable; wallets created through Geth or MyEtherWallet and single-user accounts are unaffected. White Hat hacking group saved a large amount of Ether from attack, which it intends to return to account holders.

Thai lender Kasikornbank announced a blockchain protocol for its Letter of Guarantee service, which will reduce paper use, stimulate efficiency, and benefit businesses.
Blockchains Best Brightest Gather Solve Ethereums Most Difficult Problems 2

Professors, Ethereum Foundation (EF) contributors, and top students and developers join the Initiative for CryptoCurrencies & Contracts (IC3) Ethereum Crypto Bootcamp in Cornell for a weeklong hackathon.

Digital Currency Proponent Brian Forde Announces California Congressional Bid 1

On July 19, Brian Forde announced his intention to run for Congress in California’s 45th District. The co-founding director of MIT’s Digital Currency Initiative, Forde joins a field of five Democratic challengers to incumbent Republican Congresswoman Mimi Walters.

Has the proposed ULC virtual currency regulation created a divide within the virtual currency community?
Waves introduces a gateway allowing for trading of an Ether-backed token on its lite client.
Governor of the Austrian Central Bank Ewald Nowotny warned users about the speculative nature of virtual currency. Nowotny also serves as a member of the governing council of the European Central Bank (ECB).
In a response to the UK Financial Conduct Authority, the World Federation of Exchanges has established a Working Group to promote DLT and FinTech innovation.
Ether rallied after forming a bottom against the US dollar and bitcoin. ETH/USD is currently positioned well to continue higher.
Court IRS coinbase berns weiss hearing

Update on the IRS Summons on Coinbase – Court Grants Motion to Intervene by John Doe 4.