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      "body": "Congratulations @olahindy! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@olahindy/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@olahindy) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=olahindy)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-ranking-update-a-better-rich-list-comparator\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-ranking-update-a-better-rich-list-comparator\">SteemitBoard Ranking update - A better rich list comparator</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "[Source](https://www.coindesk.com/crypto-investment-schemes-hit-with-cease-and-desists-in-texas/)\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": "Okay thanks alot",
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      "author": "olahindy",
      "permlink": "re-tonicrypto-re-olahindy-in-texas-crypto-investment-schemes-hit-with-stop-and-desists-20180510t065655928z",
      "title": "",
      "body": "Okay thanks alot",
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      "permlink": "re-olahindy-fb-s-david-marcus-to-lead-new-blockchain-studies-unit-20180510t014810078z",
      "title": "",
      "body": "[Source](https://www.coindesk.com/facebooks-david-marcus-lead-new-blockchain-research-unit/)\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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      "author": "steemitboard",
      "permlink": "steemitboard-notify-olahindy-20180509t150906000z",
      "title": "",
      "body": "Congratulations @olahindy! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/post4day.png)](http://steemitboard.com/@olahindy) You published 4 posts in one day\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> Upvote this notification to help all Steemit users. Learn why [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "body": "Hello! Good article! I'm interested in the them of ICO and crypto-currency, I'll subscribe to your channel. I hope you will also like my content and reviews of the most profitable bounties and ICO, subscribe to me @toni.crypto",
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      "body": "Hello! Good article! I'm interested in the them of ICO and crypto-currency, I'll subscribe to your channel. I hope you will also like my content and reviews of the most profitable bounties and ICO, subscribe to me @toni.crypto",
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      "body": "Hello! Good article! I'm interested in the them of ICO and crypto-currency, I'll subscribe to your channel. I hope you will also like my content and reviews of the most profitable bounties and ICO, subscribe to me @toni.crypto",
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      "title": "FB's David Marcus to lead New Blockchain Studies Unit",
      "body": "Social media giant fb is launching a team committed to exploring blockchain era. The initiative can be spearheaded David Marcus, who has served because the organisation's vice chairman for its Messenger app department. Marcus is a former president of PayPal.\n\"After nearly 4 unbelievably profitable years leading Messenger, i've determined it became time for me to take on a brand new challenge. i am putting in place a small group to explore the way to fine leverage blockchain throughout facebook, beginning from scratch,\" Marcus wrote in a post on his facebook web page on Tuesday.\nA file from Recode indicated that whilst the team could have fewer than a dozen people, it'll characteristic engineering and product body of workers from fb's Instagram unit as well. even though it remains unknown at this degree the exact work to be achieved by way of the brand new team, the news marks a high-quality pass through the social media massive.\nIt additionally follows a observation made by means of the ex-PayPal president - who joined the board of directors of crypto alternate Coinbase ultimate year - that facebook Messenger is open to the concept of embracing cryptocurrency payments once the blockchain community can \"restoration all of the troubles.\" The formation of fb's new blockchain crew follows a platform-wide ban on cryptocurrency-related commercials, with the social media organisation cciting worries that users had been exposed to fraudulent ICOs and cryptocurrency schemes.",
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      "title": "In Texas, Crypto investment Schemes Hit With Stop and Desists",
      "body": "In Texas, Crypto investment Schemes Hit With Stop and Desists \nThe Texas country Securities Board (TSSB) has issued stop-and-desist orders to 2 bitcoin investment schemes that it alleges are selling unregistered securities and making fraudulent claims to the kingdom's citizens. in line with one order lodged on Tuesday, the securities regulator takes goal at a employer known as forex EA & Bitcoin funding LLC and two people related to the scheme, James Butcher , and Richard Dunn.\n  in addition to no longer being certified via the company to deal in securities, the TSSB alleges that the corporation has been concerned with what it calls \"a conventional fraud,\" consistent with Joseph Rotunda, director of the regulator's Enforcement department. The order further alleges that forex EA & Bitcoin touted diverse bitcoin funding applications that promised ability investors 10-instances earnings inside 21 days.\nmeanwhile, the regulator accuses the company of wrongdoing by using intentionally failing to reveal critical statistics about the heritage of the corporation and the inherent chance of bitcoin funding. As an example, the agency stated although the organization claims to be based totally in my city, no records concerning neighborhood enterprise registration could be determined on the new york branch of the nation.\n\"buyers have to remember the fact that ensures of excessive or unrealistic returns ring hollow until promoters aid their claims with cloth, relevant information,\" Rotunda said in an e mail. In the meantime, he second order slaps down a cryptocurrency cloud mining scheme dubbed Bitcoin buying and selling and Cloud Mining restricted, or BTCRUSH, based totally inside the U.okay. and 4 people related to the company. The TSSB alleges that BTCRUSH deceived residents living in Texas by using promising investors a four.1 percent each day interest from their investment within the mining software no matter the mining profitability of cryptocurrencies.",
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      "title": "Ex-Trump Advisor Talk About 'Global Cryptocurrency'",
      "body": "![gary-cohn-president-donald-trump-s-top-economic-advisor-resign-amid-tariff-dispute.jpg](https://steemitimages.com/DQmZGsbJA4bDSexEBDXacYhQksSKCEHrBUmvFY8KeV8fnGJ/gary-cohn-president-donald-trump-s-top-economic-advisor-resign-amid-tariff-dispute.jpg)\n\nGary Cohn, the former Goldman Sachs executive who led Donald Trump's country wide financial Council until final month, weighed in on bitcoin and blockchain era on Tuesday.\n\"i am no longer a large believer in bitcoin,\" Cohn told CNBC's Bob Pisani in an interview. \"i'm a believer in blockchain era.\"\nHe then made a bold prediction approximately the destiny of the tech, telling the community:\n\"I do assume we are able to have a international cryptocurrency sooner or later.\"\nCohn clarified that this global cryptocurrency might now not be \"based on mining charges and fees of energy and such things as that,\" a connection with the electricity-hungry mechanism that bitcoin and different blockchains make use of.\n\"it will be a extra without difficulty understood cryptocurrency in order to likely have a few blockchain technology in the back of it, but it will likely be a great deal greater without problems understood how it is created and how it movements and how people can use it,\" he remarked.\nCohn became brought on via a query about Goldman Sachs' decision, discovered final week, to release a bitcoin futures trading table.\"appearance, they are able to do anything they need. they can do anything's of their shareholders' first-class interest,\" Cohn responded. Cohn have become Goldman Sachs' president and chief running officer in 2006. He remained within the post through the aftermath of the financial disaster, which his company become broadly visible as contributing to thru its mortgage-backed securities business.\nwhilst Trump took office in January 2017, Cohn left Goldman to function director of the national monetary Council. In March 2018 it was stated that he would surrender, a selection that likely contemplated his opposition to the Trump management's proposed price lists. Cohn left the post on April 2.",
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      "title": "After Months Ethereum Records 1 Million Transactions per Day",
      "body": "The number of transactions with the world’s second largest cryptocurrency Ethereum has once again crossed the one million per day threshold. The event reminds many of a similar scenario that happened in December 2017. While it is indeed excellent news, some reports suspect much wastage of Ethereum gas.\n\nBinance Responsible for the Spike in Transactions\nEthereum transactions saw a sudden increase of 200,000 operations on May 4, 2018, as a result of unknown reasons. Similarly, at the end of 2017, transactions along the network saw a sudden spike of over 150,000 in just a few days.\n\nAccording to etherscan data, the last time transactions crossed over 1 million per day was on February 1, 2018. In March and April, the number fluctuated between 500,000 to 750,000. However, what caused the sudden spike as of late is a bit of a mystery.\n\nHowever, a Twitter user pointed to Binance as the culprit and explained that the exchange had been “doing a very bad job of sweeping: wasting gas, DOSing network, and leaving 0.005 in all accounts.”\n\nhttps://twitter.com/epheph/status/992467261830057984?s=19\nThe user also shared a link, showing proof that the Binance Wallet was performing multiple transactions in a minute, wasting gas. He also shared an image via tweet highlighting that one address is accounting for 50 percent of all transactions. The address belongs to Binance, which accounted for half of the gas used on May 4, 2018.\n\nThe more the gas wasted means, the higher the fees on the network. However, the following day the transactions went back to normal and left the network only temporarily strained.\n\n![Binance-Etherscan-screenshot.png](https://steemitimages.com/DQmTGvRdzqNwqhGAyK3xmrjHkGftcpwMu2zkxfeU6oZQDjM/Binance-Etherscan-screenshot.png)\n\nTemporarily Straining the Ethereum Network\nEthereum gas is the life of Ethereum network. Gas is the unit by which calculates the amount of computational effort required to complete operations on the network. Otherly, Ethereum gas is how the network estimates how much fees are to be paid for transactions, smart contracts or ICO’s.\n\nIn related news, an Ethereum developer Péter Szilágyi responded on Reddit to an individual pointing that Ethereum Geth is not running smoothly, Szilágyi stated:\n\n“What you are experiencing is not Geth getting worse, but the Ethereum Sidechain pushing the limits of what the existing codebase can handle. Two years ago the Olympic Ethereum network fell apart multiple times, and clients could not keep up syncing [that] was 8GB in size; current Ethereum mainnet is 1TB for an archive node.”\n\nIn comparison, as per Blockchain.info, Bitcoin transactions per day amount to 185,312, which indicates that Ethereum processes five times more transactions per day than Bitcoin.",
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      "body": "Very interesting post! Not everyday you hear of something like this happening, thanks for sharing!",
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      "title": "London Police to Sentence First Cryptocurrency Theft Arrest, Seizing $700,000 of Bitcoin",
      "body": "![Singaporean-Resident-to-be-Caned-12-strokes-and-Jailed-in-Connection-with-Bitcoin-Related-Robbery-nos16sviuemhcjg2xjstt2iyiijboi1wre8kd4cyyk.jpg](https://steemitimages.com/DQmVhJKfwSrdtzzZvGEJFDiu9yuGYFgpT1kuLXqKCvG119W/Singaporean-Resident-to-be-Caned-12-strokes-and-Jailed-in-Connection-with-Bitcoin-Related-Robbery-nos16sviuemhcjg2xjstt2iyiijboi1wre8kd4cyyk.jpg)\n\nLondon Police to Sentence First Cryptocurrency Theft Arrest, Seizing $700,000 of Bitcoin\nThe notorious hacker who amassed a small wealth stealing cryptocurrencies, Grant West, was arrested in 2017 by undercover agents. At the spot of arrest, security cameras revealed passengers cheering at the scene of the arrest of yet another little criminal. Finally, a real triumph in the digital age.\n\nPersonal Data Sold on the Dark Web\nThough several criminals are being blocked and captured regularly, Grant’s arrest was a remarkable one for Scotland Yard. The 25-year-old cyberpunk was apprehended, and the London Metropolitan Police seized about $700,000 worth of bitcoin in the process.\n\nIn a statement Mick Gallagher, a police investigator who led the secret operation that lasted for two years, said:\n\n“These people generally feel they can operate with impunity, that they can’t be touched. We have now debunked that.”\n\nAt the hearing of Grant at a British court on May 2, 2018, it was said that the young man would be sentenced come May 25. Meanwhile, Rachel Brookes, his girlfriend who acted as his accomplice, has been ordered by the court to carry out two years community service.\n\nWest, whose pseudonym was “Courvoisier” on the dark web, pleaded guilty to some of the cyber attacks in December 2017. Investigations showed he had initiated over 100 attacks on various companies ranging from gambling shops, to supermarkets, and cell phone companies between July and December 2015 alone.\n\nHis technique was simple; he used phishing emails to get personal information from unsuspecting members of the public. West then traded this private information for cryptocurrencies on the dark web and stored the digital wealth in private wallets.\n\nCryptocurrencies Not that Safe for Criminals\nFortunately, the police were able to arrest West while he was on his PC with his Bitcoin accounts logged into.\n\nThough the sum seized from Grant was modest, this arrest was another complicated mission for law enforcement agents as tracking virtual currencies especially, stolen or illicit funds, is still quite a new task.\n\nIt was easy spotting illegal criminal activities in the past, but investigators still find it extremely difficult to determine the parties associated with such transactions.\n\nThe United States and Britain have in recent times battled best ways to regulate bitcoin and other alternative cryptocurrencies. Though digital currencies are new but remarkable inventions, their quest to ultimately take over, entirely replacing current modes of making financial transactions, is still far from being achieved.\n\nIs cryptocurrency’s anonymity feature its drawback or plus point? Share your views in the comments section.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://btcmanager.com/forget-silicon-valley-new-york-city-is-becoming-the-face-of-blockchain-development/",
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      "permlink": "forget-silicon-valley-new-york-city-is-becoming-the-face-of-blockchain-development",
      "title": "Forget Silicon Valley: New York City Is Becoming the Face of Blockchain Development",
      "body": "![Blockchain-Technology-Enters-US-Politics-nj5rqwucsttu9yn423jnrn0sw3980tmcn02pmfxce4.jpg](https://steemitimages.com/DQmYXEBD69ntWgY85XgBrZ6dKiek8AbeSLg31jgjj7LsHxz/Blockchain-Technology-Enters-US-Politics-nj5rqwucsttu9yn423jnrn0sw3980tmcn02pmfxce4.jpg)\n\n   Inside buildings whose exterior walls are adorned with the ubiquitous graffiti murals urban America, a new kind of culture is emerging in Brooklyn, New York. From repurposed warehouses to other abandoned industrial buildings, crypto and blockchain entrepreneurs are setting up shop to establish their startups. As blockchain technology is beginning to mature, it seems some of its staunchest proponents have found a home for themselves in Brooklyn.\n\n     A New Economic Movement in New York\nBlockchain technology has an anti-establishment air about it, at least, in the eyes of its original pioneers. One of the fundamental premises of the technology is to disrupt global process business across diverse sectors.\n    To this end, many blockchain purists prefer to develop their technologies far removed from the prying eyes of the big corporations who might seem anathema to hardcore blockchain enthusiasts. It is for this reason that Brooklyn, and not Manhattan, is turning into the crypto capital of New York.\nAs far as business in New York is concerned, Manhattan has always been the hub. Now, in neighborhoods like Bushwick and Williamsburg blockchain and crypto enterprises are taking root, developing intuitive solutions for a myriad of business segments. Startups like ConsenSys and Cryptonomic are hard at work creating blockchain-based applications for supply chain management (SCM), general logistics, payroll, payment processing, etc.",
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      "title": "Cryptoassets Take a Breather After Impressive April Rally: Week in Review May 7",
      "body": "The price of bitcoin traded in the $9,000 to near $10,000 range throughout the past week, closing the week only slightly in the green as the market digests the strong April price rally.\n\nRegulation chatter has died down, and investors’ focus is back on how far the price of bitcoin will go in 2018. Even Goldman Sachs is now jumping on the crypto trading bandwagon and will start trading BTC futures, to which the market reacted positively and almost hit the $10,000 mark towards the end of the week.\n\nThe altcoin market has a mixed week with some crypto assets in the green, such as ether (ETH), bitcoin cash (BCH), and litecoin (LTC) while the likes of EOS (EOS), cardano (ADA) and stellar (XLM) dropped in value week-on-week.\n\nIn light of the last few weeks, it seems investors are positioning themselves for a rally in the second half of 2018, much like the one we witnessed last year. However, there are still two major risks factors – the global cryptocurrency regulation meeting at the next G20 and the Mt. Gox Trustee still sitting on a mountain of BTC and BCH he needs to sell – that are keeping investors on their toes.\n\nWhether new money flowing into cryptoassets – from banks who are considering setting up crypto trading desks and new digital asset hedge funds – will be sufficient to support prices in the face of Mt. Gox selling pressure and potential regulation-driven volatility will remain to be seen.\n\nThis week’s contributions have been provided by Jamie Holmes, Kieran Smith, Nigel Dollentas, Nuno Menezes, Ogwu Osaemezu Emmanuel, Priyeshu Garg, and Shaurya Malwa.\n\nIntel Set to Revolutionize Bitcoin Mining, Patent Awaits Approval\nAccording to Investopedia, Intel has filed a patent that would enable it to manufacture high-grade chips that could make bitcoin mining faster, with very minimal power consumption. The system-on-a-chip (SOC) comes with inbuilt hardware that fast-tracks the entire mining process.\n\nOn April 26, 2018, the 17 millionth bitcoin was successfully mined out of a total of 21 million. With this milestone reached, it means that mining the flagship cryptocurrency will keep getting more difficult, hence miners would need more sophisticated mining equipment and a substantial amount of electricity supply to remain in profit.\n\n“It’s an event that makes the market more aware of the scarcity of bitcoin. It will eventually turn into higher prices,” Ansel Lindner, host of the Bitcoin & Markets podcast, remarked back in April.\n\nSouth Korean Cryptocurrency Industry Set to Bubble Again as Authorities are on the Verge of Legalizing ICOs\nAfter every rain comes sunshine; this is precisely the case in the South Korean cryptosphere as the dark clouds of regulatory uncertainties surrounding the Asian nation’s blockchain-based digital currencies are gradually fading away. Now, lawmakers in South Korea are putting preparations in top gear to enact a law that makes initial coin offerings a legal activity in the country.\n\nAs per the Korea Times, a group of legal luminaries in the nation has joined forces in a bid to lift the embargo placed on organizing new initial coin offerings in South Korea.\n\nThe ten-man team led by a reputable member of the ruling Democratic party, Rep. Hong Eui-rak, is determined to formulate a bill that will see to the legalization of ICO projects and get it endorsed by the end of 2018.\n\nSpeaking at an ICO conference held at the National Assembly on May 2, 2018, the lawmaker reiterated that: “The bill is aimed at legalizing ICOs under the government’s supervision,” adding “The primary goal [of the legislation]is helping remove uncertainties facing blockchain-related businesses.”\n\nArgentina to Get Thousands of Bitcoin ATMs\nAfter recent changes in regulation from the Argentine central bank allowing ATMs to placed at non-banking entities, Odyssey Group is entering the market with an initial rollout of 4,000 ATMs. Continued deployment should see up to 5,000 ATMs within two years, but the Central Bank is citing an end goal of 30,000 ATMs throughout the country.\n\nThe country has already witnessed the installation of 200 ATMs as of 2017, but it seems Odysseys are doubling down in the Argentine market. According to their website, 90 percent of investors are from Argentina, with the rest coming from Mexico and Brazil.\n\nThe news comes at a time when the Argentine peso is going through a crisis, with the national currency depreciating against the dollar more than two percent on May 2, 2018, even after central bank intervention.\n\nIn times of crisis, people tend to focus more heavily on other assets like commodities, which makes this a perfect time for bitcoin and other cryptocurrencies to be introduced into the market. Besides offering traditional ATM services, the ATMs are also cryptocurrency compatible and bi-directional, allowing users to buy or sell bitcoin, litecoin, and ether.\n\nRevolut Unexpectedly Stops Supporting Withdrawals from Bitcoin Exchanges\nThe fintech startup Revolut has unexpectedly withdrawn support for cryptocurrency exchanges such as Bitstamp and Kraken, BTCManager has learned on May 3. Bitcoin enthusiasts can no longer use the banking app to withdraw from exchanges and echoes similar moves made by UK banks in the past.\n\nRevolut has marketed itself as a cryptocurrency friendly service, announcing buy and sell support for major cryptocurrencies, including bitcoin, litecoin, and ether. However, the author discovered that on May 3, a payment from Kraken had been ‘reverted’ and after contacting support, we learned that Revolut no longer supports cryptocurrency-related services like Kraken.\n\nADVERTISEMENT\neToro MOBILE2\nExamining Revolut’s Twitter and blog, we see no official announcement of forewarning for their customers. After contacting Kraken, we found out that the exchange had been dealing with a lot of requests due to Revolut’s decision.\n\nBritish banks Barclays and Lloyds have also in the past restricted bank accounts related to bitcoin trading, as reported by BTCManager in February 2017.\n\nIt’s Confirmed! Goldman Sachs To Begin Trading of Bitcoin Futures\nAccording to a New York Times report on May 2, 2018, the financial powerhouse is set to begin its bitcoin trading desk in Q2 of 2018, using its own money to trade bitcoin contracts, which correlate to the price of bitcoin.\n\nThe move marks a huge step in the right direction, as the involvement of a large-scale institution is bound to create trust and interest towards the cryptocurrency sector.\n\nThe bank would not trade “actual” bitcoins, instead, dealing in bitcoin “contracts,” offered by the likes of CBOE global markets and the crypto-exchange BitMex. Reports confirm that Goldman has appointed a team of legal experts to explore regulatory limitations and opportunities pertaining to the holding, trading, and dealing with digital assets.\n\nHowever, the bank does not share similar, highly-optimistic sentiments as cryptocurrency enthusiasts, and doesn’t consider cryptocurrency as a “threat” to traditional finance.\n\nAccording to Rana Yared, an executive with Goldman: “I would not describe myself as a true believer who wakes up thinking Bitcoin will take over the world. For almost every person involved, there has been personal skepticism brought to the table.”\n\nCryptocurrency Virus Threatens Facebook Users, Gets Shut Down Before Causing Damage\nThe latest mobile app to be compromised for “cryptojacking” is the globally popular Facebook App, including its ‘Messenger’ platform. According to reports, a new computer virus, called FacexWorm, injects Facebook, Google Chrome, and FB Messenger with a malware code that allows devious hackers to gain information of the victim’s social passwords, cryptocurrency account details, while also running a crypto-mining script in the background; without any permission of the user.\n\nThe virus, called FacexWorm, was discovered in April 2018 by researchers at Trend Micro, a Japanese cybersecurity firm.\n\nAs per Trend Micro, the FacexWorm virus is related to 2017’s malicious facebook spam campaigns – which took place in August 2017 and December 2017 – and injected victims with the ‘Digmine Virus,’ which borrowed the computer’s processing power to mine cryptocurrency.\n\nAccording to Trend Micro, “FacexWorm’s modus operandi is similar to the previous two campaigns, but with the addition of new techniques aimed at cryptocurrency users.”\n\nAutomotive Industry Form Mobility Open Blockchain Initiative\nFour of the world’s largest car makers, BMW, General Motors, Ford, and Renault, announced on May 2, 2018, they will form a group to explore the potential of blockchain in the automotive industry. They will partner with technology providers and startups to form a consortium with the aim of applying blockchain technology to the automotive sector.\n\nThe Mobility Open Blockchain Initiative (MOBI) will partner these car manufacturers with major companies with a stake in blockchains like Accenture and IBM, and blockchain industry groups like ConsenSys, Hyperledger, and Blockchain at Berkeley. The goal is to make transportation “safer, more affordable, and more widely accessible using blockchain technology.”\n\nThe scope of the group will include data tracking and supply management, consumer finance, and more futuristic applications like autonomous vehicles and ride-shares.\n\nReddit Set to Restore Bitcoin Payments, Will also Support Ethereum and Litecoin\nReddit, one of the largest online forums in the world, is gearing up to resume accepting bitcoin payments.\n\nThe platform had earlier disabled bitcoin payments in March 2018 leaving subscribers with only PayPal and Credit Card payment options. Issues concerning high fees and problems with Coinbase API integration were responsible for the decision to stop accepting bitcoin payments. The forum also wishes to expand its crypto payment acceptance spectrum by adding a couple more cryptocurrencies.\n\nReddit boasts many of the large popular cryptocurrency niche communities with most of the coins having their own subreddit which are moderated/frequently visited by the core team.\n\nEnterprise Ethereum Alliance Announces the Release of Enterprise Ethereum Architecture Stack\nThe Enterprise Ethereum Alliance (EEA) announced on May 2, 2018, its Enterprise Ethereum specification strategy by publicly releasing the company’s Enterprise Ethereum Architecture Stack (EEAS). The new release is supposed to support and streamline the development of the next generation of Ethereum applications which in turn will facilitate the implementation of smart contracts.\n\nAccording to Finextra, the new development aims to provide the building blocks to enable decentralized and connective intelligence. 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