The fur flies

CoinDesk Daily is sponsored by  ❄️ ❄️ December 7, 2017 ❄️ ❄️ "Say something once, why say it again?" ― Talking Heads Got this from a friend? SUBSCRIBE HERE THE FEATURE Cat Fight? Ethereum Users Clash Over CryptoKitties Congestion Ethereum users are calling for a solution to the protocol's CryptoKitties invasion. As profiled by CoinDesk, the cat-trading game had grown so popular earlier this week that it was clogging the ethereum network, slowing down transaction times. Now, however, congestion is reaching unprecedented levels, with a record-breaking 30,000 transactions stuck and waiting to be processed at press time. "Can we please increase the gas limit?" pleaded one user on a Reddit thread, itself a chorus of agreement on the issue. "Is the blockchain completely frozen?" asked another user. Indeed, despite facilitating nearly $7 million worth of ether trades and winning new users to the platform, the game is attracting a level of vitriol. Read the whole story Tweet Share ⭐ COINDESK SPONSOR ⭐ Custody for your Crypto Assets Protect and secure your assets with itBit, a regulated Trust Company, and Custodian. With itBit, all assets are backed by regulatory capital reserves, and you can verify custody account balance and holdings 24/7 with personalized access and customer support. Learn More Wait, there's more: Cat Fight? Ethereum Users Clash Over CryptoKitties Congestion As the popularity of CryptoKitties continues to strain ethereum, frustrated users are calling for a quick fix – an increase to the gas limit. $15,000: Is There a Limit to Bitcoin's Meteoric Rally? Bitcoin's stellar run continues with prices leaping one major psychological hurdle after another, and chart analysis suggests the gains may continue. Greenspan Likens 'Irrational' Bitcoin to Revolutionary War Currency The former chairman of the U.S. Federal Reserve, Alan Greenspan, has joined the many financial luminaries to recently criticize bitcoin's value. Former Mastercard Executive Joins CULedger Consortium as CEO CULedger, a consortium of credit unions developing distributed ledger technology systems, has announced the appointment of a new CEO. Steam Drops Bitcoin Payments Citing High Fees and Price Volatility The popular online gaming platform Steam is dropping its bitcoin payments option more than a year after it first began accepting the cryptocurrency. Blythe Masters: ASX Blockchain Embrace 'Precedent Setting' Blythe Masters discusses the potential impact of the ASX decision to implement her company's distributed ledger solution. Austrian Government Backs New Blockchain Research Institute The Austrian government is throwing its weight behind a new blockchain research effort aimed at developing business applications of the technology. Bank of America Wins Patent for Crypto Exchange System In a patent awarded Tuesday, the second-largest bank in the U.S. describes a potential cryptocurrency exchange system for its corporate clients. Bitcoin Up $2k on Day as Market Nears $400 Billion The price of bitcoin continued to show gains on Wednesday, defying critics to set a new all-time high on a stellar night-time trading session. ASX Says Yes: Stock Market to Settle Trades with DLT After months of testing and deliberation, ASX has confirmed that it will replace its CHESS post-trade system with DLT developed by Digital Asset. Cryptocurrency Mining Market NiceHash Hacked The cryptocurrency mining marketplace NiceHash has been hacked, the team behind it said in a newly released statement. Bitcoin's Price Passes $13k in New All-Time High The price of bitcoin has broken to yet another all-time high today, crossing the $13,000 line for the first time. $10k in Bitcoin for 10 Years? Ron Paul Fans Pick Crypto Over Gold Ron Paul wants to know: would you take $10,000 in bitcoin, cash or something else? Naval Ravikant: Bitcoin Solves 'Money Problems' During Token Summit II, AngelList co-founder Naval Ravikant waved off talk of a bubble, saying cryptocurrency solve people's money problems. Go to CoinDesk BTC: $15,305.46+11.65%  ETH: $429.45 +0.31% @9:21 EST - More price details 👋 CoinDesk is Hiring 👋 Come join our great team here in New York City! Copyright © 2017 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list