Top 5 Cryptocurrencies sorted by 24 hour Volume

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Top 5 Cryptocurrencies sorted by 24 hour Price Percent Change

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• A group of researchers/hackers have claimed to have hacked John Mcafee-backed hardware wallet Bitfi.  According to its advertising, Bitfi claims to be unhackable.  The researchers/hackers claim to have had complete access to a Bitfi wallet for the past two weeks, tracking data being sent out of the wallet while still being connected to the Bitfi servers.
• China News reports that the Hong Kong University of Science and Technology (HKUST) Business School has received a USD$20mm research grant to investigate the security capabilities of electronic payment systems. Partnering with University of Hong Kong (HKU), the Chinese University of Hong Kong (CUHK), and the City University of Hong Kong (CityU), the HKUST-led research initiative will focus on artificial intelligence, network security and blockchain technologies.
• According to report from the government committee studying the regulatory roadmap for cryptocurrencies in India, the Indian government is considering the potential of crypto tokens in the public sector.  Specifically, the committee reports mentioned the potential for crypto token to replace smart cards like metro cards.
• The Jamaica Stock Exchange (JSE) will soon permit clients to trade cryptocurrencies on its platform through a partnership with Blockstation, a blockchain startup.
• Kim Dotcom, creator of Mega, is publicly advocating that gold and cryptocurrencies are better long-term investments than the US Dollar.  According to Dotcom, the US dollar will become worthless following an inevitable economic collapse in the US.  
• An online crowdfunding campaign is formally looking to hire detective agencies across the United, Japan and Europe in the hopes of finding the “real” Satoshi Nakamoto. The campaign, posted on Boomstarter.ru, highlights that “people” have the right to know the identity of the “real” Satoshi.
• Saudi Arabia officials warn citizens in a formal joint statement from the Ministry of Trade & Investment, Ministry of Information and Saudi Arabian Monetary Agency that trading Bitcoin and other cryptocurrencies are illegal in The Kingdom.  This press release is in contrast to The Kingdom’s positive disposition to blockchain technology.
• Square announces that customers will be able to buy/sell Bitcoin via its Cash App across all 50 states in the United States.
• Thailand police officials are searching for 6 people in relation to the ongoing USD$24mm Bitcoin scan.  

Sources:

https://cointelegraph.com/news/unhackable-wallet-reportedly-breached-hackers-claim-to-meet-bounty-conditions
https://cointelegraph.com/news/hong-kong-university-receives-20-mln-research-grant-for-payment-systems-blockchain
https://www.ccn.com/indias-govt-considers-allowing-crypto-tokens-for-metro-cards-airline-tickets-report/
https://www.coindesk.com/jamaica-stock-exchange-to-trade-crypto-assets-in-2018/
https://www.newsbtc.com/2018/08/14/crypto-is-a-better-long-term-investment-than-usd-and-gold-says-investor/
https://bitcoinist.com/crowdfunding-campaign-aims-to-figure-out-where-in-the-world-is-the-real-satoshi/
https://www.ccn.com/thailand-police-seek-more-arrests-in-24-million-bitcoin-fraud/
https://bitcoinist.com/saudi-arabia-bitcoin-trading-illegal/
https://www.coindesk.com/square-expands-cash-app-bitcoin-purchases-to-all-50-us-states/
https://www.ccn.com/thailand-police-seek-more-arrests-in-24-million-bitcoin-fraud/