News overview

#weeklynewsreview

🔥 Hot and controversial news of the crypto industry are again aiming to prove that the development of the technology cannot be stopped. Local bans just lead to price corrections and make users find new ways out, while the industry “celebrities” get new topics to speak on and create news stories.

🇨🇳 China continues it struggle against cryptos in favour of the digital yuan. Now the analytical services like CoinGecko and CoinMarketCap have become unavailable for citizens. With the new wave of restrictions, the popularity of Telegram and VPN services enabling to surpass blocks is growing exponentially.

💰 Major players have taken advantage of the correction as the number of wallets with 100 BTC and more (and over 1 000 BTC) is increasing.

🇮🇩 The Minister of Commerce of Indonesia announced that the country is not going to follow the path of China introducing some crypto bans. Indonesia aims to concentrate on industry regulation.

🚀 Elon Musk could not stand aside and said that the Chinese measures are closely related to the “electricity production issues” and the fact that digital asses “by their nature aim at erosion of the powers of centralized government”, and this is what contradicts the policy of the governing Chinese party (thanks, Captain Obvious)

🇷🇺 Russian post aims to integrate blockchain for tracking the supply chains. It is supposed that the use of blockchain will reduce the number of lost parcels. The source says nothing about whether the shipping speed is to be increased. The one who got to know this life, lives in no rush preferring other ways of delivery.

🙌🏻 Wish you fast shipping and a great weekend!