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Daily CryptoCann Report: Hacker Courvoisier's Bitcoin seized by police; Isodiol to grow hemp in California

Cryptocurrencies are on the rise, but Barclays isn't throwing its hat in the ring just yet
Bitcoin hacker
Bitcoin cash was a top gainer on Wednesday

Four of the top five cryptocurrencies were on the rise today with only EOS seeing a slight decline.

Bitcoin Cash (BCH-USD) was the top gainer on Wednesday after being the top decliner yesterday. It was up more than 7% to US$1,457.64.

Ripple (XRP-USD) was the runner-up, rising nearly 2% to US$0.84.

Ethereum (ETH-USD) was up more than 1% while Bitcoin (BTC-USD) was up less than a percent.

The first cryptocurrency seizure from a hacker was made by London Metropolitan police, amounting to around US$700,000. Grant West, who traded under the name “Courvoisier”, pleaded guilty in December to cyberattacks on more than 100 companies. West used phishing emails to get people to reveal their personal information and then sold the data, converting the money into Bitcoin.

British banking giant Barclays plc (LON:BARC) isn’t opening a cryptocurrency trading desk just yet, according to CEO Jes Staley. While the bank does want to stay on top of technological advances, it doesn’t want to align itself with some of the activities associated with cryptocurrencies.

READ: Daily CryptoCann Report: Oscar Mayer introduces Bacoin; Cronos drags down Marijuana Index

The North American Marijuana Index, comprised of the leading cannabis stocks in the U.S. and Canada, was falling slightly.

The index fell less than one percent this afternoon.

The Green Organic Dutchman Holdings Ltd (TSX:TGOD) began trading on the TSX today. The research and development company cultivates cannabis in Ontario and Quebec. Aurora Cannabis, a medical marijuana company in Vancouver, purchased more than 17% of the company’s IPO totaling around $23.1 million.

Isodiol International Inc (CNSX:ISOL) shares were up slightly after announcing an agreement to acquire a majority share of Farmtiva, an industrial hemp developer. The Vancouver-based company will begin growing hemp in California within the next few weeks.

 

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