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This Week In Cryptos #20

WCN · 2014-07-05 ·00:05:46 ·World Crypto Network
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Summary

This episode, "This Week In Cryptos #20," provides a recap of the week's crypto news, covering major market events, security threats, and increasing real-world adoption.

1) Main Topics Discussed:
* Silk Road Auction: Following the big auction, it was revealed that one individual walked away with all the Silk Road bitcoins.
* Security Threats: The popular malware, Pony Loda, was updated to a version (Pony Loda 2.0) capable of stealing both cryptocurrencies and traditional financial information.
* Adoption & Infrastructure: Bitcoin acceptance grew, with merchants like Newheck.com accepting crypto in various locations (Amsterdam, Singapore). La Masu introduced RARCIA, allowing Bitcoin ATMs to handle remittances and bill payments.
* Ecosystem Growth: Mike Han, creator of the Lighthouse platform, was awarded a majority of a $100,000 bounty. Additionally, a Bitcoin Job Fair was held in New York, connecting job seekers with employers.

2) Key Quotes:
* "It was revealed that the money in question is Team Draper!" (Referencing the auction winner).
* "The popular malware Pony Loda has been modified to steal cryptocurrencies..." (Highlighting the new threat).
* "Bitcoin one of the primary payment methods in focus for this year's event [No Cash Day in Italy]." (Emphasizing real-world adoption).

3) People Mentioned:
Team Draper, Mike Han, Hermel Rodriguez.

4) Bitcoin Price:
Not mentioned.

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