Hodler's Digest, May 28-June 3: South Korea Get Back Into Crypto, China Embraces Blockchain

Top Stories This WeekSouth Korea Contemplates Lifting ICO Ban.South Korea - which has given the crypto community more than its share of FUD since it began banning ICOs and anonymous trading months earlier - is now considering re-legalizing Initial Coin Offerings in the country.

Vulnerabilities In EOS Blockchain Discovered, Fixed Same Day.A Chinese Internet security company found "Epic" vulnerabilities in EOS's blockchain this week that they say could affect a variety of other blockchain platforms.

Leading Crypto Exchange Binances Creates $1 Bln Crypto Fund.Cryptocurrency exchange Binance, which is currently leading globally by trade volume, is creating a $1 bln cryptocurrency-based fund using Binance's BNB tokens as an investment vehicle.

A draft legislation that would allow for a review of crypto and blockchain regulation, including a testing introduction of the technology to the Spanish market through a sandbox, has received unanimous support from all parties present at the Spanish Congress this week.

BitTrade, a government-licensed crypto exchange, has been acquired for around $50 mln by a multi-millionaire entrepreneur from Singapore, Eric Cheng.

BitBay has stated that the last Polish bank that was providing services to the exchange ended their business with them at the end of May.Scottish Hospital To Treat Crypto Trading "Addicts".

According to experts, crypto traders obsessively watching the market's volatile price fluctuations may be exhibiting behavioral addiction symptoms.

Ethereum Sees Drop, Some Blame EOS For Suspected Sell Off.Ethereum's price drop this week has been attributed by some to an unconfirmed sell off of around $400 mln by EOS. The proof? EOS had sold $1 mln of ETH last week but $1.4 mln this week, and crypto exchange Bitfinex suddenly showed more than twice as much ETH market trading than other exchanges.

Crypto exchange Bithumb will no longer offer its services to citizens from states in the Non-Cooperative Countries and Territories initiative as part of its new AML practices.

Crypto enthusiast Daniel Jeffries on why markets are not rational, trading is gambling, and anyone that thinks otherwise is plain wrong.