Ethereum Overloads, Gas prices Soar | Korean Legistators takes Blockchain Serious

Ethereum Overloads, Gas prices Soar | Korean Legistators takes Blockchain Serious

Ethereum Gas prices soar to over 70 Gwei due to transaction overload coming from coins doing airdrops in order to get listed on Fcoin. Korean Legislators take blockchain more seriously and is classifying exchanges as regulated financial institutions as opposed to communications vendors.
0:56 Korean Legislators create classifications for Crypto
1:55 IBM signs $740 Million deal with Aus Government to implement Blockchain
2:35 Invest.com + Bittrex issues new exchange
3:11 Binance Co-founder calls Li XiaoLai a scammer
4:14 BIS Head calls crypto a scam (again)
5:08 Ethereum’s Surge Gas prices
6:43 Follow Friday!

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Articles
https://cointelegraph.com/news/south-korea-legitimizes-blockchain-industry-with-major-new-classification-standards
https://cointelegraph.com/news/ibm-signs-740-million-deal-with-australian-gov-t-to-use-blockchain-for-data-security
https://www.coindesk.com/bis-chief-says-stop-trying-to-create-money-in-new-crypto-critique/
https://www.asiacryptotoday.com/chinese-bitcoin-billionare-li-xiaolai-secrectly-recorded-outing-many-big-names-in-crypto/
https://www.coindesk.com/ethereums-growing-gas-crisis-and-whats-being-done-to-stop-it/

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