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Find the latest, and the most interesting, cryptocurrency news collected from around the net.

The Downside of Democracy
Following acrimonious debates within the bitcoin and ethereum communities over the past few years regarding governance decisions that ended in forks, there has been a wave of projects offering on-chain governance.
Korean Government to Lead 6 Blockchain Pilots With $9 Million Fund
The South Korean government will invest 10 billion Korean won to support blockchain development in the country, with plans to carry out six pilots using blockchain technology.
Zcash Pays Off Angry Developer to Avoid Blockchain Split
In a forum post published Tuesday, the sole maintainer of the Windows zcash wallet software, D. Jane Mercer, said he was going to cease development of the clients and release a zcash competitor "Rebranded as another coin," if he didn't get further funding for his work.
Irish Bitcoin Broker Claims Country's Banks Are Closing Crypto-Related Accounts
The co-founder of Irish Bitcoin broker Eircoin accused the Banking and Payments Federation of Ireland of discriminating against crypto-related accounts, The Irish Times reports June 21.
Ukraine: Four Arrested for Running Fake Crypto Exchanges
Ukrainian police have arrested a group of four men suspected of running six fake cryptocurrency exchanges, Bleeping Computer reported June 21.Four men between ages 20 and 26 allegedly launched at least six digital currency exchanges, where they deceived users, subsequently stealing money from them.
US Congressman Says ICO Market Needs 'Light Touch' Regulation to Provide Certainty
U.S. Representative Warren Davidson said the initial coin offering market needs "Light touch" regulation on CNBC's Squawk Box today, June 21.When asked about cryptocurrency regulation, Davidson argued that the "Big thing" the market needs is a "Light touch regulatory framework" which, according to the congressman, would provide more certainty.
Tencent, Chinese Officials Partner on Fighting Blockchain Security Risks
Technology giant Tencent is teaming up with the Chinese government to fight blockchain-related security issues.
Swiss Central Bank Exec: Crypto 'Too Primitive' to Issue State Digital Currency
Board director of the Swiss National Bank Thomas Moser said that cryptocurrencies and blockchain technology are too primitive to consider issuing a state-backed digital currency, local news outlet swissinfo.
ICON Token Swap Underway With 'No Issues,' Foundation Says
Millions of dollars worth of ICON tokens are now on the move - as the cryptocurrency project begins its token migration.
Stellar Looks to Acquire Chain for $500 million XLM
Stellar Lumens is currently discussing the possibility of acquiring Chain - a San Francisco-based startup building cryptographic ledgers for the finance industry.
Under New Rules Quebec Crypto Miners Will Be Required to Bid For Electricity
Provincial utility Hydro-Quebec has proposed new rules, under which blockchain companies will be required to bid for electricity and quantify the jobs and investment they expect to generate per megawatt, Hydro-Quebec announced in a press release June 21.The new regime seeks to allocate up to 500 megawatts, in addition to 120 megawatts of already existing initiatives.
21e800: Bitcoin, Satoshi and the Mystery Twitter Is Obsessing Over
Posted on June 19 by Mark Wilcox, the hashtag actually represents a cryptographic code known as a hash that's produced each time new transactions are validated and written onto the bitcoin blockchain.
$3 Billion Blockchain Tron Kicks Off Token Migration Today
The 10th most valuable cryptocurrency in the world is set to commence its token migration process on Thursday.
Winklevoss Brothers Win Patent to Provide Crypto-Based Exchange-Traded Products
U.S. crypto entrepreneurs Tyler and Cameron Winklevoss have won a patent for a system to provide crypto-based exchange-traded products, according to a patent filing published by the U.S. Patent and Trademarks Office June 19.
Federal Reserve Bank of St. Louis Adds Crypto Price Tracking to Research Database
The Federal Reserve Bank of St. Louis will now be tracking the prices of four cryptocurrencies on their research database, according to a June 19 post on the bank's website.
Ex-FDIC Chair Bair: 'I Welcome' New Rules for Crypto
Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation, believes the U.S. should create a wholly new regulatory framework for cryptocurrencies.
Swiss Federal Councillor: Blockchain Will 'Penetrate Our Entire Economy'
"Hardly anyone still doubts that blockchain will penetrate our entire economy."
Hacked S. Korean Crypto Exchange Bithumb Confirms It Will Reimburse Affected Users
South Korean crypto exchange Bithumb has today confirmed it will reimburse users affected by the theft of 35 bln won from its hot wallet two days ago, in an official announcement today, June 21.
Cointelegraph Launches Job Listings Platform for the Blockchain, Crypto Industries
Today, June 21, Cointelegraph is launching a listings platform for crypto and Blockchain-specific job opportunities.
Bloomberg Terminal Lists Crypto Market Index From World's Third Largest Exchange Huobi
Bloomberg Terminal, a paid financial data monitoring service, will now list crypto exchange Huobi's Cryptocurrency Index, according to a press release shared with Cointelegraph today, June 21.
Ripple CEO Defends XRP Token's Utility at Fintech Conference
"Let's be clear: Ripple is different than XRP," Brad Garlinghouse, CEO of distributed ledger startup Ripple, argued during CB Insights' Future of Fintech conference on Thursday.
US: Members of Congress Must Disclose Crypto Holdings Above $1,000
The Ethics Committee of the U.S. House of Representatives has issued a memorandum requiring all House Members to disclose their cryptocurrency holdings worth over $1,000, Bloomberg reported yesterday, June 20.
Stanford University Launches New Blockchain Research Center
A group of crypto startups and organizations are sponsoring a new blockchain research center headquartered at Stanford University.
South Korean Gov't to Invest Over $200 Mln in Public, Private Blockchain Initiatives
South Korea's Ministry of Science and ICT has announced a major Blockchain Technology Development Strategy that aims to raise 230 bln won by 2022, The News Asia reports today, June 21.
Bitcoin Gets a Shoutout in This US Supreme Court Opinion
That's not something you see every day: an opinion from the U.S. Supreme Court that makes a reference to cryptocurrencies.
Goldman Sachs Explores Crypto Trades Beyond Bitcoin Futures
In early May 2018, Goldman Sachs confirmed plans to launch a Bitcoin futures trading desks to meet client demand.
IOST Blockchain Incubator Launches With $50 Million Fund
Bluehill, a startup incubator for global blockchain projects, launched on Thursday after raising $50 million to support the IOST blockchain ecosystem.
Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds
South Korea's Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the financial damage arising from a multi-million dollar hack earlier this week.
Bobby Lee, 'BTC Maximalist': Bitcoin's Value Is in the Eye of the Beholder
Recently at BlockShow Europe 2018, Cointelegraph got the chance to speak to Bobby Lee - co-founder of Chinese crypto exchange BTCC and a board member at the Bitcoin Foundation - about what he's been up to in the crypto space since BTCC shut down last fall.
Stanford Univ. Launches Blockchain Research Center, Supported by Ethereum Foundation
Stanford has created the Center for Blockchain Research, supported in part by the Ethereum Foundation, Stanford Engineering's website posted yesterday, June 20.
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