The TRON Foundation officially introduced the Sun Network, a second-layer scalability solution for Tron (TRX), one of the largest platforms for deploying decentralized applications (dApps), on April 8th, 2019. The Sun Network aims to “incorporate a series of scaling projects” including sidechains for smart contract application development and “cross-chain communication,” which has been designed to “further expand the overall capacity,” or throughput, of the TRON blockchain network.

https://www.cryptoglobe.com/latest/2019/04/tron-dappchain-project-technical-lead-explains-how-sidechains-smart-contracts-will-improve-functionality/

Traders Pulled Out $165 Million From Bitfinex in the Past 12 Hours

https://bitcoinist.com/bitfinex-pull-bitcoin-exchange-165-million/

Bitfinex and Tether Fraud Allegations: Analysis, Market Response, Community’s Reaction

https://www.cryptoglobe.com/latest/2019/04/crypto-communitys-reaction-to-fraud-allegations-against-bitfinex-and-tether/

E-Trade is Readying Bitcoin Trading For Its 5 Million Customers: Report

https://bitcoinist.com/etrade-bitcoin-trading-report-ameritrade/

Institutional digital asset trading platform Bakkt has announced the acquisition of Digital Asset Custody Company (DACC). The Intercontinental Exchange (ICE)-led firm has also applied with the New York Department of Financial Services (NYDFS) to operate as a trust company.

https://www.theblockcrypto.com/2019/04/29/bakkt-acquires-custodian-dacc-as-it-builds-out-its-own-solution-for-storing-cryptocurrencies/

20% of 18-34 Year Olds in America 'Own Bitcoin,' Recent Survey Reveals

https://www.cryptoglobe.com/latest/2019/05/20-of-americans-age-between-18-34-own-bitcoin-recent-survey-reveals/

Spencer Bogart, a general partner at Blockchain Capital, recently revealed the results of a survey which suggest that despite the extended cryptocurrency bear market, “Bitcoin awareness, familiarity, perception, conviction, propensity to purchase and ownership all increased/improved significantly.” According to a blog post, published on April 30th, 2019, by Bogart, the survey “results highlight that Bitcoin is a demographic mega-trend led by younger age groups.” Bogart also wrote that the “only area where older demographics matched younger demographics was awareness.”

Bitcoin [BTC]: Coin’s rally has begun, claims Peter Brandt on the basis of past data, technical indicator

https://ambcrypto.com/?p=85816&utm_source=telegram.me&utm_medium=social&utm_campaign=bitcoin-[btc]-coins-rally-has-begun--c

Breaking: $7 Trillion Asset Giant Fidelity to Launch Crypto Trading “Within Weeks”

https://www.ccn.com/breaking-7-trillion-asset-giant-fidelity-to-launch-crypto-trading-within-weeks

Binance Loses 7000 BTC in Hack; WeChat Bans Crypto Trading; Milestone for Ethereum 2.0 as Testnet Launched

https://www.cryptoglobe.com/latest/2019/05/binance-loses-7000-btc-in-hack-wechat-bans-crypto-trading-milestone-for-ethereum-2-0-as-testnet-launched/

The crypto industry has grown accustomed to seeing Binance dominate headlines, and today was no different. What was, however, was the contents of the news itself. This and more in today's daily crypto recap.

Bitcoin Developer and SegWit Inventor Proposes New ‘Taproot’ SoftFork

https://bitcoinist.com/bitcoin-developer-and-segwit-inventor-proposes-new-taproot-softfork/

Binance CEO Apologizes for Using the Word ‘Reorg’, Gives Post-Hack Status Update

https://www.cryptoglobe.com/latest/2019/05/binance-ceo-apologizes-for-using-the-word-reorg-gives-post-hack-status-update/

On Friday (May 10), Binance Co-Founder and CEO, Changpeng Zhao (aka "CZ"), talked about some important changes for improving security that are currently being made at the crypto exchange following the major security breach on Tuesday (May 7) that resulted in a loss of over 7,000 BTC from its Bitcoin hot wallet.

Bitcoin's Price Breaks Key Resistance as Crypto Market Cap Surpasses $200 Billion

https://www.cryptoglobe.com/latest/2019/05/bitcoin-s-price-breaks-critical-resistance-as-crypto-market-cap-surpasses-200-billion/

Bitcoin, the flagship cryptocurrency, has recently seen its price break through a critical resistance level, which saw some declare the end of the bear market. Given the cryptocurrency’s performance, the crypto ecosystem’s market cap surpassed $200 billion.

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**Harmony will have IEO on Binance Launchpad**

Further details of the sale & metrics will be released on May 15th, with an improved & more condensed lottery schedule.

Stock Exchange Powerhouse Issues New Bitcoin (BTC) Filings As Bakkt Targets July for Crypto Trading Test Phase

https://dailyhodl.com/2019/05/13/stock-exchange-powerhouse-issues-new-bitcoin-btc-filings-as-bakkt-targets-july-for-crypto-trading-test-phase/

Bitcoin Will Use Cosmos to ‘Absorb Everything’, Says Tendermint’s Zaki Manian

https://www.cryptoglobe.com/latest/2019/05/bitcoin-will-use-cosmos-to-absorb-everything-says-tendermints-zaki-manian/

Tendermint isn’t a name most cryptocurrency users know, but it’s a company that was partly behind the creation of the Binance Chain, the native blockchain of Binance’s BNB token and is the company behind Cosmos - "the internet of blockchains."

Cryptocurrency Markets Rally After News of Record Bitcoin Futures Volume, Microsoft Project

https://www.cryptoglobe.com/latest/2019/05/cryptocurrency-markets-rally-after-news-of-record-bitcoin-futures-volume-microsoft-project/

The spate of auspicious news has continued over the past 24 hours in the crypto space. Flexa partners with Gemini on app launch, CME Group celebrates record bitcoin futures volumes, and Microsoft shares preview of Bitcoin-based decentralized identifier network.

Bakkt will launch physically settled Bitcoin futures contracts in July

https://medium.com/bakkt-blog/bitcoin-futures-custody-bakkts-differentiated-approach-59b88d6984b5

Crypto-Market Update:

- Market Cap nears $250 Billion
- $BTC gained almost 50% since the beginning of the month
- $XRP gained more than 30% on Tuesday
- $BNB breaks $25

https://coingape.com/cmu-alts-xrp-eth-xlm-xtz-join-bitcoin-btc-in-bull-case/