Bitfinex announced that it's halting fiat deposits until the banking situation is resolved, which they expect to happen in about a week. My prediction is that Bitfinex will never reopen deposits. As you know Tether and Bitfinex are interlinked, and - what a surprise - audited stablecoins like Paxos or TrueUSD are now trading at a hefty premium against USDT.

The US Senate Banking Committee held a hearing yesterday on blockchain technology featuring Nouriel Roubini, also known as "Old Men Yells at Crypto". Roubini's testimony was light on facts and heavy on bs.

Coinbase exchange listed 0x, which long has been rumored. Expect more ERC20 tokens to be listed! Coinbase also announced to shut down its index fund, which offered institutions and accredited investors a convenient vehicle to invest into top market cap crypto. People familiar with the situation said the fund failed to attract clients, and it raised less capital than expected.

Pundi X revealed new, blockchain-powered smartphone at the their ongoing summit on Bali. The XPhone will hit the market in early 2019, but we only need to wait three more days to learn more about Function X, the technology powering the phone. Function X is a new transmission protocol built on blockchain, and it can be used to make calls, send messages and transmit data without connecting to a phone carrier.

Blockchain, the company behind the blockchain.info wallet, hired a new legal officer who comes from... Noble Bank.