Blockchain Daily News – Edition 99, 21.11.2017
November 21, 2017
Blockchain Daily News – Edition 101, 23.11.2017
November 23, 2017

Blockchain Daily News – Edition 100, 22.11.2017

Blockchain Daily News

by Florin Oprea

Edition 100, 22.11.2017

Ladies and gentlemen, we are proud to present you our 100 Edition!

Here, you can watch an anniversary message from Florin Adrian Oprea, Editor-in-chief Blockchain Daily News

Fans’ Section

DNT: Here’s true fact for cryptoverse fans:

Whether They’re Calling It A Fraud, Bubble Or World Changer, A Lot Of Companies Are Talking About Cryptocurrency

Grace Donnelly – Fortune

JPMorgan CEO Jamie Dimon thinks bitcoin is a “fraud.” Investor Mark Cuban called it “a bubble.” Goldman Sachs CEO Lloyd Blankfein is still undecided. But whether or not executives believe in the potential of bitcoin, ethereum or blockchain technology, they and their companies can’t avoid talking about cryptocurrencies.

With another month left to go in 2017, references to cryptocurrency in corporate communications are already double what they were in all of 2016 (according to a Fortune analysis of the Sentieo,data (Ed.note: Sentieo is a financial research firm).

DNT: If you want to refresh your memory regarding all the statements involving cryptos, visit our free Archive. According to a Fortune analysis via Sentieo, in 2017 there were 2430  mentions of blockchain technology and related terms in earnings calls, SEC filings, and company press releases and presentations, vs.1213 in 2016 and 530 in 2015. I am pretty sure that this figures are, globally, much bigger.

Deals, Investments & M&As

CoinList – Republic Partner On Initial Coin Offering Enabling Both Accredited And Non Accredited Investors To Participate In PROPS Token Crowdsale

JD Alois – Crowdfund Insider

A global video platform featuring mobile live streaming, has announced an ICO on CoinList using Reg D The offering for PROPS tokens will also be  listed on Republic, a Reg CF crowdfunding platform, thus allowing both accredited and non-accredited investors to participated in the ICO. Both CoinList and Republic are related to the AngelList platform and share certain aspects of AngelList’s technology.

PickcioChain picks up $6 million funding ahead of ICO

Finextra

PikcioChain, the Blockchain-based exchange for personal data, has secured over US$6 million in funding ahead of its ICO launch on 24 November, 2017.

An Ethereum Startup Just Vanished After People Invested $374K

Jordan Pearson – Motherboard

Cryptocurrency Start-Up Confido Disappears With $375,000 From An ICO, And Nobody Can Find The Founders

Arjun Kharpal – CNBC

A cryptocurrency start-up that raised nearly $375,000 through an initial coin offering has disappeared with the funds. Confido billed itself as a company that is developing “smart contracts” to act as an escrow between a buyer and seller during a transaction of some sort.

Cryptocurrencies

Bitcoin And Ethereum Fall After A $31 Million Crypto Heist

Oscar Williams-Grut – Business Insider

Tether, A Startup That Works With Bitcoin Exchanges, Claims A Hacker Stole $31M

Jon Russell  – TechCrunch

More Than $30 Million Worth Of Cryptocurrency Was Stolen By Hackers, Company Says

Saheli Roy Choudhury – CNBC

Tether, a start-up that offers dollar-backed digital tokens, claimed Monday that its systems had been hacked. Tether reportedly claimed $30.95 million worth of its tokens had been stolen. According to a now deleted post on its website, Tether said a “malicious action by an external attacker” resulted in the theft of the tokens, CoinDesk said.

In the removed post, Tether said it was in the process of attempting token recovery to prevent them from entering the broader cryptocurrency market

DNT: After this heist announcement, both BTC and eTHEREUM were falling against the dollar on yesterday morning but then recovered. Today, at the time of writing BTC was trading at $8220 AND eTHEREUM AT $366. .

Oh, if you want to know the costs of keeping cryptos safe, read the next story..,

Bitcoin Is 15 Times More Expensive To Keep Safe Than Gold

Jordan Wathen – Nasdaq

When you consider that bitcoin doesn’t take up any physical space — it exists only in digital form — the high cost of custody and storage is mind-blowing. Based on regulatory filings, SPDR Gold Trust(NYSEMKT: GLD) historically paid about 0.08% of the value of its gold for storage and custody services on behalf of its shareholders, or approximately $1.04 per ounce, per year. In contrast, Coinbase’s custody solution costs 15 times more.

Exchanges & Trading Venues

Square Is Taking On The Big Cryptocurrency Exchanges – And It Represents A $30 million Opportunity

Frank Chaparro – Business Insider

Square has been running a trial that allows users of its Cash App to buy and sell bitcoin.

And both Wall Street and the crypto world thinks the company stands a good chance at breaking into the nascent digital coin market.

Bitstamp To Launch Bitcoin Cash Trading

Laura Shin – Forbes

Bitstamp announced it will launch trading of Bitcoin Cash. Trading of Bitcoin Cash on Bitstamp, which is the third-largest in the world for U.S. dollar and euro trading of Bitcoin, begins in the next couple weeks. The move could indicate possible growing acceptance of a cryptocurrency that many hardcore Bitcoiners view as an unwanted stepchild of Bitcoin and potential threat to the top cryptocurrency.

DNT: This announcement comes after in September, Bitstamp announced it will postpone trading “until further notice”. The launch of Bitcoin Cash happened in early August this year – details here, Cryptocurrencies section.

Hong Kong Bitcoin Exchange Gatecoin Finds Banking Lifeline, Adds Litecoin

Samburaj Das – Cryptocoins News

Hong Kong cryptocurrency exchange Gatecoin has confirmed plans to resume HKD and USD bank transfers through new partners after suffering a banking blackout in September.

It has been two months since Gatecoin suspended HKD and USD transfers due to “abrupt” bank account freezes in Hong Kong.

BitPeople

Big Banks’ Blockchain Specialists Are Flocking To Cryptocurrency Firms In Search Of Freedom

Quartz

Executives tasked with exploring blockchain tech for banks and consulting firms are finding it harder and harder to resist going full crypto.

DNT: Yeah, this is really happening. Regarding this, read my comment in yesterday’s bulletin, same section.

Via Mediapost – R3 Adds Agency Veteran Lana Tobengauz to Senior Team

Regulation

Central Banks Are Considering Cryptocurrency Regulations: ECB Council Member

Francisco Memoria – Cryptocoins News

Ewald Nowotny, the current president and governor of Austria’s central bank, the National Bank of Austria, and a member of the European Central Bank’s governing council stated that central bankers and legislators are eyeing cryptocurrency regulations

Nowotny: “We’re asking ourselves if legislators or central banks should intervene, as happened in China where they banned (the use of cryptocurrencies) because they consider them fraudulent.

Other news

Can ATMs Encourage Cryptocurrency Adoption?

The Merkle

Providing easy access is key when it comes to encouraging new people to adopt cryptocurrency. Currently, to purchase cryptocurrencies, one typically needs to create an account on an exchange. These are subject to necessary – but often intimidating – verification processes. However, someone could just put a twenty or even a fiver into an ATM and receive cryptocurrency with at most a text verification. Even with high fees, ATMs are a kind of fun, low-effort entry to cryptocurrency.

Opinion

ConsenSys Prescribes Blockchain For London’s Brexit Blues

Ian Allison – Internațional Business Times

As cryptocurrency and blockchain technology edge into the mainstream, it’s significant that the iconic Ethereum design studio, ConsenSys, has chosen London to host its “European Hub”. Jeremy Millar, chief of staff at ConsenSys said: “I think there are tremendous opportunities for London to maybe sing away some of its Brexit blues with a good dose of blockchain, and a good dose of ConsenSys.

DNT: It might be the right recipe.

FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News