U.S. Treasury Secretary Steven Mnuchin says FSOC will assess cryptocurrencies

Leo Zhang

By Leo Zhang

Friday, January 12, 2018

News

U.S. Finance Regulators Form Crypto Working Group, Says Mnuchin (CoinDesk)

"U.S. Treasury Secretary Steven Mnuchin said on Friday that the Financial Stability Oversight Council, a government body that assesses financial system risks, has formed a working group focused on cryptocurrencies."

Commentary

Cool Down Cryptocurrencies With Regulation, Not Rate Hikes (Bloomberg)

"This moment presents the Fed, policymakers and Wall Street with an opportunity to correct mistakes from the last cycle and -- rather than over-tighten monetary policy to cool off one area of the economy -- to use targeted regulation instead"

Lightning and Legislation - The Regulatory Considerations of Moving to Layer 2 (CryptoInsider)

"There appears to be a great deal of uncertainty over whether a node in the network, given its role in moving funds, amounts to an MSB (money service business) under US law."

Technical

The Anatomy of A Pump & Dump Group (Bitfalls)

"The vast majority of P&D groups you get invited in by someone is of this type – a fraud designed with the express purpose of presenting the first pump as successful and legit and whetting people’s appetites, and then using future pumps to milk the members dry."

Finding the Collision of SHA-1 (Youtube)

"Aim of this talk: What is a SHA-1 collision like? How do you compute one? How do you measure the 'complexity' of such an attack?"

Spectre and Meltdown: Data leaks during speculative execution (Youtube)

"The state of memory access you perform, affect data cache, and subsequently measuring access timing reveals information about memory access patterns."

Updates

Decred The community blog published a review of the second year Decred mainnet has launched, and a roadmap for 2018. Medium