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Blockchain Daily News – Soft launch Edition #17, 15.06.2017

Blockchain Daily News

by Florin Oprea

Edition #17, 15.06.2017

Deals, Investments & M&As

IOTA Trades Over $38 Mln Within 24 Hours On Bitfinex

Frisco d’Anconia – The Cointelegraph

On Tuesday, Bitfinex listed IOTA on its platform, the first distributed ledger protocol that goes beyond Blockchain through its core invention Tangle. Figures from the exchange on Wednesday morning indicate that within 24 hours, its trade volume is over $38 mln.

PHILIPP SANDNER, Frankfurt School Blockchain Center: IOTA suddenly became part of the TOP 10 crypto currencies. Now it needs to hold its promises.

Cryptocurrencies

Litecoin Foundation Reports ‘No Issues’ Since SegWit Activation

Chuan Tian – CoinDesk

The litecoin cryptocurrency adopted an upgrade called Segregated Witness just over a month ago and, so far, the integration is reported to be issue-free.

Blockchain Tech Company Sia (Siacoin) Could Disrupt Dropbox And Amazon

Brian D. Evans – Inc

Ethereum and Bitcoin are making the most headlines, but look out for Sia, too.

Bitcoin Is Helping The Pot Business Get Over Its Banking Problem

Jennifer Kaplan – Bloomberg

Cannabis companies are turning to the world’s most popular digital currency in an effort to get rid of all that cash.

The inability to access traditional financial institutions is one of the marijuana industry’s biggest impediments. Legal cannabis was a $6 billion industry last year and is expected to grow to $50 billion by 2026.

BitPeople

Dash’s Amanda B. Johnson Talks About the Future of the Cryptocurrency

Avi Mizrahi – Business Magnates

Dash advocate Amanda B. Johnson is known as the world’s first freelancer to be paid by blockchain.

FAO: Interview with Dash’s Amanda B. Johnson. She used to write at Bitcoin Magazine, CoinTelegraph, Bitcoin.com, and The Daily Decrypt.

US State Department Is Looking For Interns For Its New Blockchain Workgroup

Anthony Coggine – The Cointelegraph

As part of its new initiative focused on the importance of Blockchain technology, US State Department has started looking for a new intern.

Why CPAs Need To Get A Grip On Bockchain

Lou Carlozo – Journal of Accountancy

By strict definition, blockchain is a global digital ledger of economic transactions that is transparent, continually updated by countless users, and considered by many as almost impossible to corrupt or hack.

But in the broader sense, blockchain is also a lightning rod for highly charged opinion, confusion, and even fear.

Latest Developments & Agreements

Thomson Reuters Releases Blockchain Gracle For Enterprise Ethereum And R3 Corda

Ian Allison – International Business Times

For some time now Thomson Reuters has been working on integrating data feeds into smart contracts, the name given to automated capsules of business logic which can be verified and enforced by parties on a blockchain.

Citigroup Casts Wide Net On Blockchain

Andy PetersAmerican Banker

Citigroup’s new partnership with Nasdaq is an indication that the New York bank is pushing hard to find ways to make commercial use of blockchain technology, a top Citi executive said Tuesday.

Startups, Accelerators & Hubs

SETL‘Hottes tBlockchain Startup ’At The Tech Crunch Europas

Mondovisione

SETL, the financial blockchain specialist, won the award for ‘Hottest Blockchain Startup’ at the Awards held in London on 13 June 2017.

Events

FINRA To Host Blockchain Event In New York Next Month

Stan Higgins – CoinDesk

FINRA, the self-regulatory organization for US brokers, is to host a blockchain event in New York next month.

Analysis

Blockchain’s Got No ‘Killer App’ Yet, Says Morgan Stanley, Even As Bitcoin Soars

Tiernan Ray – Barron’s

Morgan Stanley writes that Blockchain, the technology for an open, verifiable general ledger, is still in a “proof of concept” phase, and it may be several years before it is used in everyday practice for financial settlements

FAO: Morgan Stanley says that Blockchain is still in a “proof of concept” phase, Well, is it? What do you think? Send me your thoughts.

How Cryptocurrency Ethereum Looks Set To Overtake Bitcoin – In One Chart

Victor Reklaitis – MarketWatch

Just as Wall Street is paying more attention to bitcoin, a rival is increasingly threatening to become the top dog among cryptocurrencies.

Delaware Blockchain Measure Seeks To Change ‘Very Base’ Of Financial System

Brian Patrick Eha – American Banker

On Aug. 1 private companies incorporated in Delaware might be able to start issuing and tracking shares of stock on a distributed ledge

 

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