Blockchain Daily News – Edition 14, 21.07.2017
July 21, 2017
Blockchain Daily News – Edition 16, 25.07.2017
July 25, 2017

Blockchain Daily News – Edition 15, 24.07.2017

Blockchain Daily News

by Florin Oprea

Edition 15, 24.07.2017

Deals, Investments & M&As

investFeed Kicks Off ‘Unconventional,’ Responsible, Hard Cap Token Generation Event

PR Newswire

investFeed will conduct their TGE over 15 days, with a significant amount already committed from strategic investors.

FAO: investFeed recently announced it intends to drop equities from its platform and replace them with digital currencies.

Fenbushi Capital Participates in Tierion Token Sale

The Cointelegraph (press release)

Tierion announced that Fenbushi Capital has committed to participate in the Tierion Network Token sale. Fenbushi is the first Chinese venture-capital fund focused solely on blockchain. The token sale opens to the public on the 27th of July.

FAO: Tierion has a fully developed data verification product.

Cryptocurrencies

What’s Next for Bitcoin After Digital Currency Split Is Averted

Yuji Nakamura – Bloomberg

With the bitcoin development community embracing a software upgrade known as SegWit2x that aims to increase the network’s transaction capacity, a split of the cryptocurrency appears to be avoided. As proponents of the change celebrate, here’s what some have to say about what may be next.

FAO: Bloomberg spoke with GDAX, Coinbase, CoinDesk and Lightning Labs about SegWit2x…

Understanding Bitcoin’s Scaling Debate: Politics Comes First

Jim Harper – CoinDesk

Software programmers are usually collegial and collaborative, but parts of the bitcoin developer community are currently displaying the kind of acrimony familiar to political capitols like Washington, D.C.

Between A Rock and A Hard Fork: Jeff Garzik’s Plan To Avoid a Bitcoin Split

Alyssa Hertig – CoinDesk

Jeff Garzik has been accused of a lot of things of late. Since taking the lead on turning the Segwit2x scaling agreement into code, the CEO of blockchain startup Bloq has been accused of everything from closing off bitcoin’s open-source development to encouraging unnecessarily aggressive network changes to playing loose with facts to sway public sentiment on the plan.

‘Fedcoin’ Strikes Again: Fintech Companies Propose Use of Crypto to US Fed

Joshua Althauser – The Cointelegraph

In a report by the Faster Payment Task Force, fintech companies have outlined how Blockchain technology can be used to make payments faster for the US Federal Reserve.

The companies that submitted their proposals include Ripple, Eccho, Xalgorithm, Hub Culture, Kalypton Group, Nanopay Corporation and Thought Matrix Consulting.

FAO: WingCash’s proposal, written by its founder and CEO Bradley Wilkes, stipulates that the solution “allows businesses to issue and define the characteristics (i.e., name, redemption) of digital brand cash”. Interesting thoughts. Read the article and report for more insight.

Miners Beware – FairCoin Activates Cooperative Blockchain

Jon Buck – The Cointelegraph

Massive amounts of digital ink have been spilled over the UASF/UAHF Bitcoin conundrum, and as the Aug. 1 deadline approaches, undoubtedly more will come. What’s more, the Ethereum and Bitcoin mining communities are notorious for energy usage that exceeds that of small nations.

Exchanges & Trading Venues

Coinbase Clarifies, No Plans to Integrate Ethereum Classic Yet

Joseph Young – The Cointelegraph

It seems as if Coinbase, the world’s largest Bitcoin wallet and trading platform, is not ready to integrate Ethereum Classic just yet.

FAO: Ok, noted.

Hello Group Launches Cryptocurrency Suite: Payments, Feeds and Platform

Avi Mizrahi – Finance Magnates

Hello Group, a provider of white label online trading brokerage solutions, has announced the launch of a full product suite revolving around cryptocurrencies.

Vendors

What’s The Big Deal about China’s First Open-Source Blockchain Platform NEO?

Finance Magnates

Blockchain Evangelist and Cryptocurrency Analyst Feng Huang explains the importance of NEO.

FAO: NEO was previously known as Antshares. It was the first important ICO in China, raising around $4.5M last September.

IBM Launches Blockchain-Powered Solution To Combat Data Breach, Cyberattacks

Lisa Froelings –  The Cointelegraph

With the alarming rate at which cybersecurity attacks continue to increase, IBM launches a new transaction system named IBM Z, a Blockchain technology capable of running more than 12 bln encrypted cloud-based or database transactions, aiming to address cyberattacks and data breach.

Business Tycoons and Their Blockchain-Based Digital Currency Investments

Joshua Althauser – The Cointelegraph

Several wealthy entrepreneurs have started to divest from their traditional investment vehicles and shift their focus to Blockchain-based cryptocurrencies.Among the billionaire investors are former hedge fund manager Michael Novogratz, Kik founder and chief executive officer (CEO) Ted Livingston, investment mogul Tim Draper, and serial entrepreneur Mark Cuban.

Latest Developments & Agreements

NRI Secure Launches Japan’s First “Blockchain Assessment” Service

Business Wire

NRI SecureTechnologies has begun providing Japan’s first-ever “Blockchain Assessment,” a security Assessment service designed for systems and services which use blockchain technology

Regulation

ECB President: Cryptocurrency Price Boom Having Limited Effect On Economy

Pete Rizzo – CoinDesk

FAO: Discussing Mario Draghi’s letter. It was sent last week to the members of the European parliament.

Events

On Sir Richard Branson’s Necker Island, Bitfury Hosts Third Annual Blockchain Summit

Laura Shin – Forbes

FAO: Whooa. Bitfury’s Blockchain summit starts tomorrow.

Analysis

Ripple Is Altcoins’ King in Q2, Up Almost 4,000%

Darryn Pollock – The Cointelegraph

The digital currencies race in the first half of the year has been won by Ripple as its token, XRP that has finished the second financial quarter priced at $0.26, up 3,977 percent year-to-date. At the moment it has dropped to around $0.19, but its growth still seems impressive.

Bitcoin Bubble Dwarfs Tulip Mania From 400 Years Ago, Elliott Wave Analyst Says

Evelyn Cheng – CNBC

Just as many on Wall Street are warming up to bitcoin, one of the lone financial analysts who forecast a surge when the digital currency was just six cents now has an extremely negative view.

FAO: Discussing Elliott Prechter’s analysis on Bitcoin.

Other news

Blockchain Startup COSS And Romania’s Eva Energy Join Forces To Enable Cryptocurrency Bill Payments In The Country

PR Newswire

Romanian pro-blockchain energy supply company, Eva Energy has announced that it will now be accepting gas and electricity bill payments in multiple cryptocurrencies. C.O.S.S.PTE LTD (COSS), the Singaporean blockchain company has partnered with the energy company, providing the payment solution necessary to make this breakthrough possible.

FAO: Always happy to hear about such initiatives in my home country.

 

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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News