The University of California, Berkeley recently announced the launch of a new blockchain-focused accelerator, the Berkeley Blockchain Xcelerator for blockchain startups.
On top of having to deal with questions regarding its financial situation and a decline in market share, the cryptocurrency mining equipment manufacturer is facing a fresh lawsuit in California.
The state of California will soon include blockchain technology among electronic records that could be used for legally binding contracts.
Police in California arrested Joel Ortiz, who is accused of involvement in a scam where several cellphone numbers were hacked, yielding over $5 million in cryptocurrency.
Since Congressman Brad Sherman (D-CA) calls for an outright ban of buying or mining cryptocurrencies--many have called for his removal, promoting #UnseatSherman2018.
Crypto mining company Bitmain has opened an office in the famous Silicon Valley in anticipation of its initial public offering, planned for later this year.