Home Crypto Daily Recap Daily Roundup - June 21, 2017

Daily Roundup – June 21, 2017

According to CoinJournal, a former employee at bitcoin wallet provider Mycelium left the company after funds from the company’s token sale were used for a “vacation” in Spain. Mycelium has disputed the suggestion by the former employee, referring to the event as a company retreat.

According to Bitcoin Magazine, Dogecoin creator Jackson Palmer is concerned about the current bubble in Ethereum ICOs. In a video posted to his personal YouTube channel, Palmer discussed a brief history of the ICO concept and how the phenomenon could be affecting the price of ether.

According to Leaders League, Bitpesa CEO Elizabeth Rossiello has claimed the Bitcoin-powered money transfer company has lowered the cost of international payments by 75%.

According to Barron’s, Nvidia could be greatly benefiting from increased interest in the GPU mining of various cryptocurrencies such as Ethereum. RBC Capital’s Mitch Steves estimates that the growing cryptocurrency mining market has led $100 million worth of extra GPU sales for Nvidia in the last 11 days.

According to CNET, the WannaCry strain of ransomware has forced a Honda plant in Japan to stop production. The plant is said to be responsible for the production of 1,000 vehicles per day.

Picture from Pexels.

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