Last week was somewhat of a mixed picture for the crypto industry as the 2018 bear market claimed some more casualties, but also saw some positive developments for the space. $133m stablecoin project Basis announced its closure along with a refund to all investors, while mining giant Bitmain said that it is shutting down its Israeli R & D wing. In more positive news, mobile finance app Revolut - which features crypto services - won an EU banking license, while Swiss exchange Stuttgart Börse revealed plans to launch a crypto trading platform.
