CryptoCompare is joining Solidus Labs to present this year’s Digital Asset Compliance & Market Integrity Summit (DACOM), a series of digital events tackling the foremost challenges of regulated crypto growth.

Hackers have moved more than $26 million worth of bitcoin associated with the hack that cryptocurrency exchange Bitfinex suffered in 2016, in which nearly 120,000 BTC were stolen.

In a statement, the company behind the EOSIO blockchain protocol, Block.one, revealed that Google Cloud joined the EOS ecosystem as a block producer. Speaking to CoinDesk, Google Cloud Developer Advocate Allen Day said “Google Cloud is not getting into crypto mining.”

Top stories in the Crypto Roundup today:

• CFTC Commissioner Dan M. Berkovitz to Address Crypto Market Integrity at DACOM Summit
• Hackers Move Over $26 Million of BTC Stolen from Bitfinex in 2016
• Google Cloud Is Not Becoming an EOS Block Producer for the Crypto Rewards
• LRC, REN, NEST Are Moving the Crypto Market

CFTC Commissioner Dan M. Berkovitz to Address Crypto Market Integrity at DACOM Summit

The Digital Asset Compliance and Market Integrity Summit (DACOM) kicks off today at 11 am EST / 4 pm BST with CFTC Commissioner Dan M. Berkovitz speaking live in a fireside chat with Asaf Meir, Chief Executive Officer of Solidus Labs.

In light of the recent enforcement actions against BitMEX, DACOM's first session will explore the future of digital asset regulation and what market integrity and compliance look like in a maturing industry.

The virtual event series is hosted by Solidus Labs and CryptoCompare, in partnership with Global Digital Finance.

Register here

Hackers Move Over $26 Million of BTC Stolen from Bitfinex in 2016

Hackers have moved more than $26 million worth of bitcoin associated with the hack that cryptocurrency exchange Bitfinex suffered in 2016, in which nearly 120,000 BTC were stolen.

Twitter-based transaction monitoring bot Whale Alert detected the transactions, which are the first of their kind since August. The funds were moved in a total of seven transactions, six of which ranged between $4.1 million and $4.8 million in value.

Bitfinex’s hackers have been actively moving funds on the blockchain this year. In the wake of these movements, the cryptocurrency exchange revealed it would reward efforts leading to the recovered of the stolen funds, even if the hackers were the ones to voluntarily hand them over.

It’s unclear whether the hackers have been able to launder any portion of the funds they stole from the cryptocurrency exchange.

Google Cloud Is Not Becoming an EOS Block Producer for the Crypto Rewards

In a statement, the company behind the EOSIO blockchain protocol, Block.one, revealed that Google Cloud joined the EOS ecosystem as a block producer. Speaking to CoinDesk, Google Cloud Developer Advocate Allen Day said “Google Cloud is not getting into crypto mining.”

Day confirmed Google Cloud’s intention to declare its candidacy, but said the firm is “broadly interested in open-source protocols and distributed ledger technologies.” He added:

"There isn't a revenue model for Google Cloud in connection with participating in open-source protocols. Of course, various protocols provide rewards to incentivize node operators to secure network services, but we don't intend to claim those rewards at this time."

The Google Cloud Developer Advocate reportedly added the partnership comes in the same spirit as the company’s February announcement of a partnership with Hedera Hashgraph. Google Cloud is also a network validator for Theta Labs.

LRC, REN, NEST Are Moving the Crypto Market

There are several tokens leading the charge in the last 24-hour period. Some of these are well-known cryptocurrencies with rather liquid trading pairs, so we’ll be focusing on these over low-cap cryptos who may have higher percentage changes.

Loopring (LRC) – The price of Loopring’s LRC is up 13.43% in the last 24-hour period. Loopring is an open, multilateral token exchange protocol for decentralized exchange on the Ethereum blockchain. Trades are executed by a system of Ethereum smart contracts that are publicly accessible, free to use, and that any dApp can hook into

REN (REN) - REN is an open-source decentralized dark pool for trustless cross-chain atomic trading of Ether, ERC20 tokens and Bitcoin. The REN token has seen its price move up 10.37% in the last 24 hours.

Nest Protocol (NEST) – NEST, a decentralized price oracle based on Ethereum, has seen its price rise 5.65% in the last 24-hour period.

State of the Crypto by Top Tier Exchange Volume

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