Bitcoin Magazine’s Week in Review: Under the Microscope

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Study Argues Tether Wasn’t Used to Prop Up Bitcoin Price

Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins

A remarkable number of reports were released this week that, together, contributed to a comprehensive picture of the cryptocurrency industry’s trajectory. Two of them focused on stablecoins.

Contrary to the conclusion of another study by John Griffin and Amin Shams that Tether was being used to manipulate the price of bitcoin, a new report by Dr. Wang Chun Wei of the University of Queensland Business School states that the effect of the stablecoin is statistically insignificant as far as bitcoin pricing is concerned.

At the end of the week, Blockchain released a study that examined both the positive and negative aspects of stablecoins, painting an overall picture of optimism for the budding asset class.

Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency

IBM/MIT Connection Science Issue Report on the Role of Blockchain in Government

Another study tackles the subject of malicious mining, also known as cryptojacking, in the cryptocurrency space, and it points out that the problem is on the rise as bad actors become more sophisticated.

And finally, after a series of roundtable discussions, MIT Connection Science and IBM issued a 41-page joint report on the role of blockchain in government. The findings illuminate discussions held by private and public sector leaders on the blockchain’s impact for government on digital identity, payments and supply chain/provenance.

Novice, Intermediate or Expert? A Quiz to Test Your Bitcoin Knowledge

Think you know Bitcoin? Bitcoin Magazine has reissued its popular Bitcoin Quiz with 30 new questions at the Novice, Intermediate and Expert level. Study up and see how you fare.

Embattled Privacycoins

Monero Releases Malware Response Group and Successfully Patches Burn Bug

Battle of the Privacycoins: Zcash Is Groundbreaking (If You Trust It)

Earlier this month, we reviewed Monero as a privacycoin. This week, we learned about a bug in its code that could have had some serious consequences had it not been patched in a timely fashion. Continuing our series on privacycoins, we examined Zcash this week, and our coverage has since generated some fiery discussion on social media.

Big Names, Big Plans

Coinbase Rolls Out Crypto “Bundles” and New Educational Resources

Coinbase Announced New Asset Listing Program

Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors

Two of the biggest names in the crypto space have made some big news. Coinbase began by introducing an application process to onboard new altcoins and then went on to announce a new series of educational resources and a product that allows customers to buy a bundle of Coinbase’s listed assets.

Potential investors got a peek at Bitmain’s IPO prospectus this week, but the information contained within may make them pause before deciding whether or not to take a chance on the mining giant’s future.

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