Blockchain Daily News – Edition 167, 12.03.2018
March 12, 2018
Blockchain Daily News – Edition 169, 14.03.2018
March 14, 2018

Blockchain Daily News – Edition 168, 13.03.2018

Fans’ Section

John Oliver And Keegan-Michael Key Remind Investors To Be Careful With Bitcoin

Melissa Locker – Time

“Technology, the thing that will make television so high def that I will no longer be allowed to appear on it,” John Oliver said. Specifically, Oliver wanted to discuss cryptocurrencies, the virtual currency that combines “everything you don’t understand about money … with everything you don’t understand about computers.”

FAO: “There’s no such thing as bad publicity”…

Central Banks Urged to Study Digital Currency Risks And Rewards

Jana Randow – Bloomberg (subscription)

Digital currencies are a revolutionary tool that central banks should consider, but they remain far too risky to be used as legal tender any time soon, according to the Bank for International Settlements.

FAO: The group of 20 finance chiefs will meet next week in Buenos Aires and this is when France and Germany said they will be proposing regulation on cryptos.

Deals & Investments

Japan’s SBI Group Scraps Huobi Crypto Exchange Partnership

Wolfie Zhao  – CoinDesk

SBI Holdings has canceled a business partnership with Chinese cryptocurrency startup Huobi Group. In an announcement, SBI Holdings said it has decided to halt the business collaboration with Huobi for the launch two cryptocurrency exchanges in Japan.

FAO: Is it to avoid any regulatory risks? Nothing surprising, considering China clampdown on cryptos. Or maybe they found a better tech deal?

Future Stars?

Have an interesting project/company looking for more visibility? Why don’t you send us more details, and after our review your project might get listed it in this section! Contact us HERE!

HELIX ORANGE Generation ICO – Pre Sale Announcement

Helix Orange

The platform identifies the legal and regulatory requirements of investor’s country of residence and determine the volume to which the investor can participate in a given ICO. HELIX Orange analyzes national regulations regarding investor protection, anti-money laundering and taxation for that purpose.

Exchanges & Trading Venues

Nymex Veteran J. Robert Collins Jr Targets Institutions With Cryptocurrency Exchange

Camila Russo – Bloomberg (subscription)

Robert Collins Jr., the former president of the New York Mercantile Exchange, plans to launch the San Juan Mercantile Exchange in October as a venue for broker dealers and other professional investors to trade digital assets such as Bitcoin and Ripple.

TrueEx Teams With ConsenSys To Make Ethereum More Accessible To Institutional Players

Molly Jane Zuckerman – Cointelegraph

TrueEX has announced an upcoming release of a regulated derivatives marketplace for digital assets as well as a partnership between their newly created affiliate, True Digital Holdings and Blockchain tech company ConsenSys to create a benchmark rate for the price of Ethereum.

FAO: So there you go: two more inhabitants to join the cryptoverse in the next period. Can’t keep up with all these new announcements? You can use our FREE ARCHIVE or, if you want even more insight on these developments, better email us as we provide Advisory Services too. Better check those side banners…

Cryptocurrencies

Ripple Loses Bid To Keep Its Cryptocurrency Fight In California

Christie Smythe – Bloomberg (subscription)

Blockchain developer Ripple Labs. lost its shot at a home-court advantage in a dispute with rival R3 Holdco over ownership of cryptocurrency XRP that was once worth more than $16 billion.

FAO: It’s between their lawyers now. Check our FREE ARCHIVE for previous reports on this fight.

Petro Conundrum: How Much Did Venezuela Actually Raise?

Arnab Shome – Finance Magnates

Venezuela beat every country on the globe in the race to launch a government-sponsored cryptocurrency. However, the circumstances under which Nicholas Maduro’s government announced the digital coin have attracted criticism not only from around the world, but also from opposition parties in the country itself.

Vendors

OpenFinance Network Says It Can Trade Security Tokens Now

JD Alois – Crowdfund Insider

OpenFinance Network announced that its Blockchain-based trading, clearing, and settlement platform is accepting applications to list compliant cryptocurrency security tokens.

EU Can’t Ban Bitcoin Mining Over Energy Concerns, Official Mariya Gabriel, Says

Leigh Cuen  – CoinDesk

Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner. In a statement, Mariya Gabriel, European Commissioner for Digital Economy and Society, addressed concerns about the power-intensive nature of cryptocurrency mining, while clarifying the regulatory status of the industry.

FAO: Ok, it’s legal. It can also be very profitable if you consider the hydroelectric power capacity of some states within the EU.

BitPeople

Via Crowdfund Insider – Former Blackrock/JPMorgan Exec En Hui Ong joins high speed blockchain Zilliqa.

Latest Developments & Agreements

PwC Testing A Blockchain Analytics Tool For Tracking The Global Footprint Of ICO Tokens

Georgina Lee – SCMP

Accounting firm PwC is testing a blockchain analytics tool to help trace digital tokens after their launch, helping companies to guard against the risk their tokens will be misused as a medium for money laundering and other crimes.

FAO: Awesome! One tool per day. Yesterday we had that Thomson Reuters bitcoin sentiment gauge announcement – see it here.

The World’s First Blockchain-Powered Elections Just Happened In Sierra Leone

Yomi Kazeem – Quartz

Elections in Sierra Leone marked a global landmark: the world’s first ever blockchain-powered presidential elections.

Regulation

Austria Looks To Gold As Inspiration For Cryptocurrency Regulation

Simon Golstein – Finance Magnates

The co-CEO of Bitpanda, Austria’s biggest Bitcoin broker, thinks that Bitcoin should be regulated in a similar way to gold, as the company looks for the official stamp of approval, according to investing.com.

Other news

Lawyer Stephen Palley,Warns Bitfinex On ‘Threats’ Against Blogger

Marc Hochstein –  CoinDesk

“Bitfinex’ed,” the pseudonymous blogger and persistent critic of cryptocurrency exchange Bitfinex, has hired a prominent lawyer amid a long-running battle with the controversial company. Stephen Palley, a partner at the Washington, D.C.-based law firm Anderson Kill, fired off a sternly worded letter to Bitfinex’s general counsel, Stuart Hoegner. In the letter, a Palley warned that if he finds that the exchange is behind “threats” that have been made against his client, “there will be legal consequences.”

FAO: This Bitfinex critic said last month that an army of bots got him suspended by Twitter.

 

 

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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News