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Blockchain Daily News – Soft launch Edition #14, 08.06.2017

Blockchain Daily News

by Florin Oprea

Edition #14, 08.06.2017

Deals, Investments & M&As

Crypto Asset Fund Looks To Raise $400m To Buy Into Blockchain Frenzy

Ari Levy – CNBC

Timothy Enneking started a cryptocurrency fund in 2014, when the market was almost exclusively bitcoin. That’s no longer the case.

The 58-year-old money manager is now aiming to raise up to $400 million for the Crypto Asset Fund, a diversified pool of digital currencies and assets that he expects to be in the tens of millions of dollars by the end of this year. Enneking filed with the SEC on Monday.

FAO: We will try to keep an eye on this fund.

Building Blockchain Banks With ICOs (reg)

FT Alphaville

FAO: In this pace I need to start planning a ICO Daily Newsletter…

Factom Token Value Explodes Amid Baseless Rumors and Wild Speculation

The Merkle

There are some rumors regarding a partnership with Citibank, albeit those are only rumors.

Exchanges & Trading Venues

Top 6 Altcoin Exchanges You May Have Never Heard Of

The Merkle

DABTC, ALLCOIN, EXMO, CRYPTOPIA, LIQUI, LIVECOIN.

FAO: Indeed.

Western Union Reveals Pilot Coinbase Integration

Noelle Acheson – CoinDesk

It’s not every day you get to hear from the CTO of a financial incumbent who has actually mined bitcoin.

So, interest was high as David Thompson of global remittance giant Western Union took the stage at MoneyConf 2017 in Madrid, Spain. And he did not disappoint, facing the digital currency issue head on.

BitPeople

Wall Street Firms Are Betting That Blockchain Could Help Them Cut Jobs

Frank Chaparro – Business Insider

Cognizant, a US-based digital consulting firm, recently surveyed over 1,500 executives from over 570 financial services firms on their respective strategies for integrating the technology into their infrastructure. According to the firm, there are a few things financial execs are certain about when it comes to the future of blockchain: blockchain is important, it will save them money, and it will lead to job losses.

Latest Developments & Agreements

Chain is Now Working on Six ‘Citi-Sized’ Blockchain Networks

Michael del Castillo – CoinDesk

Fresh off the news that Chain helped orchestrate a live blockchain integration that successfully connected Nasdaq’s stock exchange and Citi’s banking infrastructure, founder Adam Ludwin is revealing new details about the scope of his company’s as-yet-unannounced projects.

FAO: Chain has strategic partnerships with NASDAQ, Visa, Citi, Capital One, and Fiserv.

Colu Open-Sources Protocol to Help Central Banks Issue Digital Currencies

Jonathan Keane – CoinDesk

VC-backed startup Colu is open-sourcing its banking infrastructure known as Bankbox in an effort to remove the technical barriers and reduce costs for central banks that want to issue digital currencies.

The Israeli firm’s technology was previously based on the bitcoin blockchain, but the company is overhauling its approach for its Colored Coins initiative, evolving into a more blockchain-agnostic platform.

Private Capital Market Ecosystems Meet the Blockchain

Michael Scott – Bitcoin Magazine

In a move signaling blockchain technology’s continued advancement in the financial world, Hong Kong-based PrivateMarket.io and NY-based Symbiont announced an agreement to build an alternative investment marketplace for closed-end funds utilizing Symbiont’s SmartSecuritiesTM software. The parties anticipate that the marketplace will go live in late 2017.

 

Regulation

A Vast Blockchain Experiment Could Change Russia

Leonid Bershidsky – Bloomberg

Russian President Vladimir Putin and his economic team have long been under the impression that, to wean the country off its oil dependence, they needed a major leap in some specific area of technology that wasn’t yet dominated by Western, Chinese or Japanese tech giants. Their latest hopes are being pegged to the Ethereum blockchain platform.

FAO: Makes reference to Vladimir Putin – Vitalik Buterin (founder of Ethereum) meeting – reported Monday.

Startups, Accelerators & Hubs

Waves Platform and ICO Hub Launch Pre-ICO Startup Challenge

Alicia Naumoff – The Cointelegraph

Cointelegraph recently caught up with Alexander Ivanov, founder and CEO of Waves Platform, to look into how the ICO market has matured as well as to make predictions on the direction of market development.

Analysis

Australia’s Government Publishes Blockchain Research Studies

Stan Higgins – CoinDesk

The Australian government’s top research agency has released twin reports focused on blockchain technology.

The two reports reflect the scope of research conducted by Data61, the innovation arm of the Commonwealth Scientific and Industrial Research Organisation (CSIRO). One focuses on four possible scenarios for blockchain adoption in Australia, while the other centers around the opportunities and risks for the tech in several application areas, including government registries and agricultural supply chains.

Bitcoin Hits A New Record. Is A Crash Coming?

Paul Vigna – FOX Business

Given bitcoin’s history and unregulated nature, a tumble at some point seems inevitable.

The currency’s backers don’t necessarily disagree. They just don’t care.

 

Other news

Building Blockchains In Energy Markets

Platts

The idea of using blockchain technology to ease trading in the energy and commodities markets is cropping up more and more.

FAO: We had multiple previous reports in this area – about Enel SpA and  RWE AG here and about BP, Eni and Austria’s Wien Energie – more recently here.

 

 

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