Daily Roundup – July 25, 2017

Daily Roundup – July 25, 2017

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The SEC has issued an investigative report that concluded the tokens associated with The DAO were securities. In the report, it is noted that issuers of blockchain-based securities must register their offerings.

According to CoinDesk, not many members of the blockchain industry were surprised by today’s announcement by the SEC. CoinDesk spoke with a number of industry legal experts about the announcement.

According to Forbes, November will be a key test for Bitcoin as that is when a planned hard-forking increase to the block size limit is scheduled to be activated. Laura Shin recently spoke to Bitcoin Core contributor Eric Lombrozo and OB1 CEO Brian Hoffman about the SegWit2x proposal on the Unchained podcast.

According to Forbes, Google has revealed that ransomware has been massively profitable for hackers over the past year and half. According to research, monthly ransomware profits have recently surged from $100,000 to $2.5 million per month.

According to Bitcoin Magazine, Lamassu co-founder Zach Harvey shared some data related to the rising use of bitcoin ATMs at a recent bitcoin meetup in Milan. While some have speculated that bitcoin ATMs are mainly a tool for users of darknet markets, Harvey stated his belief that most bitcoin ATM users are interested in bitcoin price speculation.

Featured image via Pixabay.

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