Diar Report shows that Dapp users are fickle as the most used Dapps are decentralized exchanges (DEX) or Dapps that are geared towards speculators; the report finds that the Dapps that garnered the most support in ICO funding like Augur, Decentraland, and Airswaps lost more than 74% of their user base on average from their all-time highs - Link
Source: DappRadar

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Bram Cohen, the inventor of BitTorrent, has left the company he founded, TorrentFreak reports; BitTorrent, which is also the name of the P2P protocol Cohen developed, was recently acquired by cryptocurrency startup Tron; Cohen told TorrentFreak that the millions that were spent by the new leadership didn’t translate to greater success; Cohen is currently working on his own environmentally friendly cryptocurrency Chia  - Link
Update: Coindesk reveals that at least five employees have left BitTorrent since its acquisition by Tron; two of the departed employees served in leadership positions; the company's chief executive, chief financial officer, chief product officer and chief revenue officer, are unable to leave the company due to 18-month lock-in agreements - Link

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Seven Premier League clubs have agreed to partner with digital-currency exchange eToro for the 2018/19 season; this is thought to be the first sponsorship deal to be paid using Bitcoin; Tottenham Hotspur, Brighton & Hove Albion, Crystal Palace, Cardiff City, Leicester City Football Club, Newcastle United, and Southampton have also signed up for the joint deal - Link

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The Winklevoss created Virtual Commodity Association has expanded to include Bitstamp, BitFlyer USA & Bittrex; the CFTC and the SEC and other regulators rely heavily on self-regulatory bodies to monitor and police trading; the Winklevoss twins have had their Bitcoin ETF  rejected by SEC twice citing lack of policing against market manipulation - Link

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Bitcoin Cash's use in commerce has declined more than 60% this year, Bloomberg reports; this is reportedly sourced from Chainalysis in a recent review the company conducted of the top 17 crypto-payments processors, such as BitPay, Coinify, and GoCoin; the review found that Bitcoin Cash payments slumped to $3.7M in May from a high of $10.5M in March; Bloomberg also reveals that the review found more than 56% of Bitcoin Cash are held by 67 wallets outside exchanges - Link

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