The entire crypto market reached a new all time high of the year last week. The price of Bitcoin rose over $5450 and fell sharply within 12 hours to $5000. Currently Bitcoin is trading at around $5050, which is slightly lower than the price at which it started the week. Both Ether and Litecoin fell by 8% to $161 and $78 respectively. Ethereum’s annual global conference series, EDCON was held last week in Sydney. The conference covered the latest Ethereum based projects and applications. At the EDCON conference Vitalik Buterin and his team rapped about Ethereum scaling.
The founder of the Wikileaks website, a cypherpunk and an early Bitcoin advocate, Julian Assange has been arrested by British Police. Assange has been hiding from the US authorities in the Ecuadorian Embassy in London since 2013. He is charged with leaking secret information and attacking government computers. Following Assange’s arrest Wikileaks’s Bitcoin address received about 6 Bitcoins which is about $30000 in just 24 hours. Wikileaks began accepting Bitcoin donations after banks and payment services like Visa and Mastercard stopped supporting it. In 2017 Wikileaks had received over 4000 Bitcoins that were worth over $22 million.