News 30/04/18
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1."Shiba"-Dogecoin Has More Transactions than Bitcoin Cash;
The numbers at Bitinfocharts.com do not lie: in the past two months, only rarely did the number of Bitcoin Cash transactions exceed that of Dogecoin transactions, and the two cannot even compete with Litecoin most of the time. This could arguably be because Bitcoin Cash is significantly younger than the two - but its merit in transaction speed may be lost on traders as they obviously go for even the jokester’s Dogecoin more often than BCH. How Bitcoin’s “younger brother” will mark its comeback remains to be seen, as well as whether it will ever get out of its older brother’s shadow.
2."Durov"-Scammers Hijack Verified Twitter Account To Steal Crypto By Posing As Telegram CEO;
The founder and CEO of Telegram and its TON Initial Coin Offering (ICO) Pavel Durov tweeted a warning on Saturday, Apr 28, telling his followers that the messaging app is experiencing downtime due to its server clusters overheating. Durov’s tweet drew the attention of fake crypto giveaway scammers who have claimed, posing as Telegram’s CEO, to offer crypto to users as a “thank you for [their] support.” According to a report by Cointelegraph’s partner BlockShow Sunday, Apr 29, Durov is not giving away any crypto and users are advised against interacting in any way with the scammers.
3."MStan"-Morgan Stanley Research: Defined Regulations Main Factor For Crypto Exchanges When Choosing Country;
A team of Morgan Stanley researchers, led by analyst Sheena Shah, has conducted a study on the distribution of cryptocurrency exchanges and crypto trading volume across all countries, based on volume data from Coinmarketcap and company registration info listed on the websites of the respective exchanges. The top five countries by crypto trade volume are, in order, Malta, Belize, Seychelles, the US and South Korea, whereas the countries that are home to the largest number of exchanges are the UK, Hong Kong, USA, Singapore and Turkey. One of the study’s primary discoveries was a discrepancy evident in the data from Malta and Belize - the two countries are the first and second in the world by trade volume but only 22nd and 24th by the number of registered companies respectively.
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