Miami Mayor Francis Suarez may try to turn his city into a hotbed for cryptocurrency innovation.
Suarez tweeted Thursday that he is “absolutely exploring” making Miami, the seventh-largest city in the U.S., home to the country’s first crypto-centric municipal government, seemingly endorsing concepts from tokenization to on-chain voting. He tagged new city resident Anthony Pompliano, founder and partner of Morgan Creek Digital and a crypto Twitter celebrity, for help.
In a subsequent tweet, Suarez said he wants South Florida “on the vanguard of legislation that promotes crypto and makes us forward-leaning on innovation.” He said he’d reach out to Wyoming’s blockchain doyenne, Caitlin Long, for assistance on that front.
Earlier Thursday, Suarez appeared to buy into bitcoin‘s growing appeal as an alternative investment with a tweet on Ben Mezrich’s book about the Winklevoss twins, Bitcoin Billionaires.
Crypto Exchange Livecoin Begs Users to Stop Trading After Losing Control of Servers
Cryptocurrency exchange Livecoin has suffered what it called a “carefully planned attack.”
The Russian exchange said in a web post it has “lost control of all of our servers, back end and nodes” and pleaded with clients to cease making deposits, trading or interacting with the exchange. “We were not able to stop our service in time,” the post said.
It was not immediately clear if clients funds’ were affected in the breach. CoinGecko charts indicated that Livecoin usually handles about $50 million in daily trading volume. However, in the last 24 hours volume climbed to $805 million.
Livecoin CEO Ivona Zlatova did not respond to a request for comment by press time.