LATTICE80 has revealed its plan to launch World’s first Altcoin Futures this year at Money 20/20 Asia in Singapore. LATTICE80 will introduce Smart Crypto Indexes first, and then launch products based on these indexes.
Annaliese Milano – CoinDesk
Christine Lagarde has called for a crackdown on cryptocurrencies, saying the technology can be used to “fight fire with fire”. The head of the International Monetary Fund says governments around the world could harness the technology to stop illegal activity.
The anonymity of currencies such as Bitcoin means they are used by criminals and terrorists, she said.
FAO: Not the first time when Lagarde addresses this topic.
Ripple wants to invest in startups and technology companies to develop more uses for XRP.
Brad Garlinghouse, CEO of Ripple “We, Ripple, will stay focused on solving that institutional use case, but we would certainly partner with companies that are looking to use XRP in lots of different ways”.
Ilya Khrennikov & Camila Russo – Bloomberg (subscription)
Telegram Group, the messaging service registered in the British Virgin Islands, is in the midst of the biggest ICO ever. It anticipates receiving $2.55 billion in three rounds of funding.
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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.
Wolfie Zhao – CoinDesk
Coinbase has launched a new gain/loss calculating tool as part of an effort to help its user base keep up with U.S. tax requirements.In a blog post published, the firm explained that the calculator can be used to generate a report which outlines their capital gains (or losses) on its platform, using a first-in-first-out accounting method.
FAO: All you need to do now is to pay your taxes!
Via Finextra – Former Bloomberg CTO Celsius Syed Fazli joins executive team of cryptocurrency platform Celsius Network
Rose O’Leary – CoinDesk
What do private blockchain builders really want? According to JP Morgan blockchain lead Amber Baldet, they’re faced with the same concerns as anyone building public blockchains today.
Ruth Umoh – CNBC
For the price of half a bitcoin plus a 5% recovery fee, Miller claims that he can assist you in recalling your forgotten password from anywhere in the world, as long as you speak and understand English fluently.
FAO: When you wake up you will be rich! Right! Omg this is hilarious.
DNT: Hilarious it is…But I am pretty sure that he will have some clients.
Wolfie Zhao – CoinDesk
Thailand’s Siam Commercial Bank (SCB) is adding two new currencies to its Ripple-based blockchain remittance platform.
Alyssa Hertig – Coindesk
Chubu Electric Power. has entered into a proof-of-concept with local bitcoin and Internet of Things startup Nayuta, one that finds it exploring how bitcoin payments can be made via the Lightning Network, an in-development protocol that promises to cut costs for bitcoin users.
Priyankar Bhunia – Open Gov Asia
Wolfie Zhao – CoinDesk
A Chinese government body is considering creating national standards to boost the development of blockchain and distributed ledger technology in the country.
DNT: So, even if Chinese authorities have clapt down altcoins with any occasion (check our FREE ARCHIVE for a lot of topics on the subject), China makes strong efforts to keep itself in the first line on blockchain adoption. There’s another episode of bitcoin bad / blockchain good saga, a theme a lot of institutions/governments have embraced so many times.
Jeffry Bartash – MarketWatch
Even with all these new options, however, the demand for cash “remains robust around the world” and it’s even increasing, according to a new study.
ZhongAn Technology, a subsidiary of Chinese online insurer ZhongAn, has filed a patent for a blockchain solution aimed to protect media companies’ intellectual property rights in the face of growing piracy and illicit file sharing.
Melia Robinson – Business Insider
When groups of cryptocurrency enthusiasts raised shot glasses at a nightclub in Austin, Texas, late Tuesday night, the price of bitcoin was hovering around $9,000.
No one can seem to agree if or when the bitcoin bubble will burst, but for the currency’s biggest boosters, it doesn’t matter. They’re holding their cryptocurrency rather than selling it.
Steve Olenski – Forbes
It’s been hailed as a global revolution, and shunned as a piece of technology used by drug dealers and cartels. But in reality, blockchain (the underlying technology that enables crypto currencies like Bitcoin) is a fascinating piece of technology that has the power to change our world.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News