Ex-Trump Advisor Joins Blockchain Startup

Bithumb, the largest cryptocurrency exchange in South Korea by trading volume, has been sold.Ethereum's next system-wide upgrade is on track for November release, according to coders.Gary Cohn, once the chief economic advisor to U.S. President Donald Trump, has just joined a blockchain startup called Spring Labs.U.S. Commodity Futures Trading Commission chair J. Christopher Giancarlo says that an influx of institutional investors to the cryptocurrency markets may help the space "mature.”Crypto exchange Coinbase is shutting down its institutional-investor focused index fund product, a spokesperson told CoinDesk.

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