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      "body": "[Source](https://news.bitcoin.com/bitcoin-graffiti-how-the-economic-revolution-has-painted-the-streets/)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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      "body": "The Bitcoin Cash (BCH) network has seen a lot of development since the last hard fork which debuted the reenabled Satoshi OP_Codes and the upgraded default data-carrier-size. The BCH community and developers have been bolstering the idea of tokenization on the BCH chain. There’s been a bunch of ideas so far with Andrew Stone’s GROUP proposal and Joannes Vermorel’s Tokeda paper. Then this week Bitmain developers revealed the Wormhole project that utilizes a fork of the Omni Layer. Then on Wednesday, two more token ideas have been introduced for the BCH chain — One concept from the Cryptonize.it developers, and another proposal written by a group of six developers including Jonald Fyookball, James Cramer, Unwriter, Mark B. Lundeberg, Calin Culianu, and Ryan X. Charles.\n\nColored Coins & Cryptonized Cash\nNo Matter How You Slice It — Token Assets Are Coming to Bitcoin CashThe creators of the platforms Cryptonize.it and the Cashpay wallet explained that they are bringing the Colored Coins protocol to the BCH network. The Colored Coins (CC) protocol debuted for the BTC back in 2013 network by adding specific metadata to the blockchain. This in turn created ‘representative tokens’ or ‘colored coins’ that can represent any physical or digital item like stocks, bonds, gold and silver backed coins. The Colored Coin protocol will allow Cryptonize.it the ability to create a currency called Cryptonized Cash (CC) that can be used with Cashpay for discounts and exclusive products.\n\n“Further utility will be added as Cryptonize.it grows — There will be a total of 1 billion CC, without the ability to add more in the future,” the developers emphasized on the social media platform Yours.org. “The tokens are always redeemable on Cryptonize.it — One of the most important questions to answer when proposing adoption of a certain framework is what are the use-cases?",
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      "body": "[Source](https://news.bitcoin.com/bitcoin-com-celebrates-2-5-million-wallets-created-in-less-than-a-year/)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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      "body": "![UK-Mosque.webp](https://cdn.steemitimages.com/DQmQgGcxM6oJdU5rBXwf1PivBv8GHbR9jL7HbU2VU2UN1Zz/UK-Mosque.webp)\n\nCrypto Mosque\n\n![UK-Crypto-672x420.jpg](https://cdn.steemitimages.com/DQma7uR1dU7RgJfsXxDoF2gTPB5ucUauM4sPMWHA8zt1eXQ/UK-Crypto-672x420.jpg)\nUK Mosque Collects Four Times More Donations in Crypto Than FiatThe Shacklewell Lane Mosque, also known as Masjid Ramadan, in Dalston, East London, UK has decided to accept cryptocurrencies as charity, as we reported back in May. The move has paid off well for the house of prayer as it reportedly collected four time more donations in crypto than fiat  during the month of Ramadan. It received £13,983 from cryptocurrency donations, compared with just £3,460 from fiat donations.\n\nThe Hackney mosque’s chairman, Erkin Guney, told local media inews: “Many people at the mosque were initially sceptical about us accepting this new money, but the fact we received four times more in cryptocurrency donations shows how important it is to be open to these new digital currencies.” He added: “When the donations started to flow in, we were blown away. We received four times more in cryptocurrency donations than in cash from our local worshippers during Ramadan, and we are still receiving cryptocurrency Sadaqah [donations]. It is amazing!”\n\nBitcoin Charity\n![bitcoin-donation-672x420.jpg](https://cdn.steemitimages.com/DQmSpV5Hju2DXodoyD6VrQXr2FTopbeyi7HXueYsjh4wvAF/bitcoin-donation-672x420.jpg)\n\n\nUK Mosque Collects Four Times More Donations in Crypto Than Fiat24 people from around the world donated to the mosque using cryptocurrency, including one transaction of over £5,200. The funds are earmarked for repairs to the facility, offering food and shelters to needy locals, as well as supporting poor Muslim families with funeral costs. Gurmit Singh, founder of London-based Islamic finance startup Combo Innovation who advised the mosque on how to support cryptocurrency donations, commented: “I hope other mosques and charities will now follow Masjid Ramadan’s lead to take advantage of this important new revenue stream”.\n\nThis is just one example how the cryptocurrency community is supporting all kinds of charitable organizations. Other recent cases include Binance donating $1 million to Japanese flood victims, and Paxful granting academic scholarships to female Afghan refugees in the US. And this mosque is not the first religious establishment to turn to aid from crypto users. Back in January we reported about ICF Zurich, an evangelical church from the largest city in Switzerland, which begun accepting voluntary offerings from its parishioners using cryptocurrency.",
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      "body": "[Source](https://news.bitcoin.com/only-12-out-of-23-korean-crypto-exchanges-pass-probe-inspector-under-fire/)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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      "body": "![news.webp](https://cdn.steemitimages.com/DQmSXo9PD9tJDjha5uNWFEVWDpgnBxeaUcrSr4wk4L9KpV8/news.webp)\n\n\n     New US Exchange\n\nOn Monday we reported that the American crypto trading market got a little more competitive with a new exchange opening. HBUS, a strategic partner of Huobi, has begun accepting new user registrations by U.S. residents, supporting BTC, BCH, ETH, ETC, LTC, USDT, CVC, DASH and TUSD. Additionally covered, ASIC producer Bitmain has raised up to $400 million in its latest fundraising round valuing the company at $12 billion, and Binance donated $1 million to flood victims in Japan.\n\nBancor Breach\n\n![bancor-672x420.jpg](https://cdn.steemitimages.com/DQmWRQp2dabQjHeqmvdrsADiQznSJVyxa5hVYCT9gjpc78P/bancor-672x420.jpg)\nThis Week in Bitcoin: New Exchanges, Bancor Breach, Binance CEO vs VitalikThe big story on Tuesday was that Bancor reported it had experienced a “security breach”. A wallet used to upgrade some smart contracts has been compromised and used to withdraw 29,984 ETH, worth approximately $12.5 million. “The same wallet also stole: 229,356,645 NPXS (~$1M) [and] 3,200,000 BNT (~$10M).” Bancor added that “once the theft was identified, we were able to freeze the stolen BNT”. The countermeasures raised questions about the decentralized status of Bancor which doesn’t square with the freezing of tokens and shutting down the network. We also reported that Irish entrepreneurs are setting up a new decentralized crypto exchange in Europe.\n\nGoogle Founder Is a Crypto Miner\nOn Wednesday we reported that Sergey Brin, president of Google parent company Alphabet, revealed that he is a crypto miner. “A year or two ago my son insisted that we needed to get a gaming PC,” Brin said. “I told him If we get a gaming PC we have to mine cryptocurrency. So we got an ethereum miner on there and we’ve been making a few pennies and dollars since.” He added: “That definitely got me interested and I started to study the technology behind it and found it to be fascinating.” Additional stories included why Elon Musk is impressed by crypto scambots on Twitter, a response from Fcoin regarding fake volume allegations, and a $100 million venture capital fund for blockchain startups in Israel.\n\nCZ vs Vitalik\n\n![clash-672x420.jpg](https://cdn.steemitimages.com/DQmevavVyvyUKXrDKGL81u4unQ7N4QoGcuMMmMb3NcGcZAv/clash-672x420.jpg)\nThis Week in Bitcoin: New Exchanges, Bancor Breach, Binance CEO vs VitalikThe main focus on Thursday was that Binance CEO Changpeng Zhao (CZ) has decided to publicly defend his industry from a verbal attack by Vitalik Buterin. The Ethereum founder expressed a deep hatred for the particular business model at the heart of the current crypto trading ecosystem, saying: “I definitely hope centralized exchanges go burn in hell as much as possible”. In his response, CZ’s core argument was that without centralized exchanges the field will develop ten times slower and will be ten times smaller. He additionally attacked the claim that decentralization is always better. Additionally covered were developments regarding two upcoming crypto phones.\n\nTaiwanese Stablecoin\nAmid the flood of new alternatives taking on Tether, on Friday we reported that another stablecoin has been introduced, this time by a company that operates one of the major payment processors in Taiwan. Green World Fintech Services says the crypto, pegged to the New Taiwan Dollar (NTD), is called Taiwan Digital Token (TWDT). Green World claims to have patented a dollar-to-token process that is supposed to protect the TWDT from fraud and money laundering risks. The project will be realized in cooperation with some established Taiwanese banks. The crypto accounts of TWDT users will be tied to “trusted bank accounts” in order to verify personal data before transactions are permitted. We also reported about a solution for handling your crypto portfolio for when you die.\n\nRussians Used Bitcoin to Hack US Elections\n\n![Rod-Rosenstein-672x420.jpg](https://cdn.steemitimages.com/DQmbXUFMJAeaj2X5o7jvfCbNmfEoANtmRcyRvMbmV4qrsrC/Rod-Rosenstein-672x420.jpg)\nThis Week in Bitcoin: New Exchanges, Bancor Breach, Binance CEO vs Vitalik\nRod Rosenstein\nOn Saturday we reported on one of the biggest political stories in the world. According to a federal indictment announced by Deputy Attorney General Rod Rosenstein, Russian agents used bitcoin in their campaign to influence the outcome of the 2016 US elections. Authorities in Washington claim that hackers working for the Russian foreign military intelligence paid in crypto for servers in the US and Malaysia, website domains, and virtual private networks (VPNs) used to release information stolen from the Democratic camp and to obscure their identities and cover their tracks. They also laundered more than $95,000 through bitcoin. We also reported that a leading website for betting on horse racing has begun accepting bitcoin (BTC) and bitcoin cash (BCH) deposits.\n\n“Regulated Into Oblivion”\nThe most commented-on article during the week covered Joseph Stiglitz, the former chief economist of the World Bank and Nobel laureate, who predicted that cryptocurrencies will be “regulated into oblivion” in the future. “You cannot have a means of payment that is based on secrecy when you’re trying to create a transparent banking system. If you open up a hole like bitcoin then all the nefarious activity will go through that hole, and no government can allow that.” Stiglitz added: “Bitcoin could easily be worth just $100 in 10 years. People in power will move to regulate anonymous transactions. That you can be sure of.”\n\n     This Week in Bitcoin Podcast\n\n\nCatch the rest of this week’s news in the This Week in Bitcoin podcast with host Matt Aaron.\n\n\n\nWhat other stories in the Bitcoin world caught your attention this week? Share your thoughts in the comments section below.",
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