Blockchain Daily News – Edition 16, 25.07.2017
July 25, 2017
Blockchain Daily News – Edition 18, 27.07.2017
July 27, 2017

Blockchain Daily News – Edition 17, 26.07.2017

Blockchain Daily News

by Florin Oprea

Edition 17, 26.07.2017

Deals, Investments & M&As

Blockchain Startup Adjoint Announces First Close Of One Million Dollar Pre-Seed Round

Richard Kastelein – Blockchain News

Adjoint has announced the first close, at $1.05 million, of a pre-seed round, with participation from Fintech Angels, venture funds including Chicago Trading Company (CTC) Ventures, Danhua Capital, Kluz Ventures, and prominent angels from the U.S., UK, and Japan.

FAO: A step forward!

Bitcoin Investment Firm Launches Ethereum-Subscribed ICO Fund

Ash Bennington – CoinDesk

The operators of a regulated, Jersey-based bitcoin fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs).

FAO: Digital assets oriented investment vehicles continue to appear. We see “classic financial markets” professionals switching their focus, in this case a former JP Morgan trader, Daniel Masters. The universe cryptomarkets is clearly expanding.


UK Firms Are ‘Stockpiling Bitcoin’ To Pay Ransomware Demands

Tom Allen – The Inquirer

33% of UK businesses with more than 250 employees are ‘stockpiling Bitcoins to pay up’ in the event of an attack. Bitcoin and other digital currencies are increasingly being chosen by cyber criminals as a form of payment due to their inherent anonymity.

FAO: Maybe a better approach could be crowdfunding for new cybersecurity solutions instead of stockpiling BTC and other assets.

Exchanges & Trading Venues

You May Soon Be Able To Trade Options On Bitcoin, Ethereum

Evelyn Cheng – CNBC

LedgerX Gets U.S. Approval For Derivatives On Digital Currencies

Gertrude Chavez-Dreyfuss – Reuters

CFTC has granted New York-based LedgerX, a bitcoin options exchange, the first license to clear and settle derivative contracts for digital currencies.

The license authorizes LedgerX to provide clearing services for fully collateralized digital currency swaps.

FAO: Earlier this month LedgerX was licensed to operate as a SEF. Speaking about the expanding universe of cryptomarkets ? Now investors can access even more instruments to build their strategies. Bravo!

Coinbase Shuts Down Accounts Accessed From IP Addresses In Cuba Due To Regulatory Concerns

JP Buntinx –  News BTC

This whole story is as strange as it sounds. One user accessed his Coinbase account while traveling through Cuba. Even though no trades were executed, the company flagged his account for closure. Apparently, accessing Coinbase from a Cuban IP address is the reason for having an account disabled. Coinbase can’t provide services in this region due to US Treasury Department sanctions. However, closing one’s account without any activity taking place seems rather strange.

FAO: Visiting Cuba and your Coinbase wallet? At the same time? Hmmm…Better do them separately then.

KICKICO, A Blockchain Platform Revolutionizing ICO And Crowdfunding, Is About To Be Launched

Polina Chernykh – Coinspeaker

Group of international blockchain enthusiasts lead by Anti Danilevski, well-known crowdfunding evangelist, announced the creation of a new fundraising blockchain platform. A startup named KICKICO combines and dramatically changes the existing concepts of ICO and Crowdfunding.

DNT: The aim of this startup is to provide a new blockchain-based platform that could solve security issues and accessibility problems. Good luck!


State Of Delaware Governor Signs Blockchain Legislation

Joshua Althauser – The Cointelegraph

State of Delaware Governor John C. Carney Jr. has officially signed the bill that was introduced and passed last May 4, 2017. The bill turned into law would officially legalize and recognize Blockchain transactions for accounting and other business records for companies registered in the state.

FAO: Even more good news from the state of Delaware. So the Governor signed the bill, as expected. More coverage here.

Startups, Accelerators & Hubs

American Express Brings Credit Card Buying to Bitcoin App Abra

Michael del Castillo – Coindesk

A select group of Abra users and new customers will see the option to buy bitcoin with their American Express card. The months-long integration process between the two companies involved Abra exposing the depths of its business processes to its partner and investor, and has resulted in an even closer relationship between the firms.

Blockchain Could Play A Key Role In Financial Inclusion In India: David Lee Kuo Chuen

Vivina Vishwanathan – Livemint

DNT: An interesting interview. Singapore University economics professor David Lee Kuo speaks about what cryptocurrencies and blockchain could mean for India.


BlockShow Asia By Cointelegraph Set to Reveal Blockchain Sensations In Singapore

Margarita Khartanovich  – The Cointelegraph

After the great success of BlockShow Europe 2017, the Cointelegraph Events team set their eyes on Asia having ensured the support of the key opinion leaders in the Blockchain community and having tested in Munich their trademark platform for showcasing Blockchain solutions.

FAO: November 15th – 16th, 2017 in Singapore. No better location possible. Just read yesterday’s Singapore mentions…BTW The Monetary Authority of Singapore (MAS) has announced Project Ubin – it’s time for others to take notes. Singapore is playing without mistakes. What do you think? Still accepting your opinion – send it here and specify the topic you are addressing.

DNT: Well, hello Asia, the future is here!


Crypto Investors Flock To A Market Where Tech Giants Amazon, Google and Facebook Are Absent

Ari Levy – CNBC

For entrepreneurs and tech investors, crypto and the underlying blockchain technology has a particularly attractive quality that’s unique in today’s tech landscape — it’s about the only high-growth area not occupied by the industry giants.

DNT: That is an explanation why the money keeps coming, even if there are voices that affirm that this market is a bubble..

FAO: Bubble or not, “the universe is expanding” seems to be today’s conclusion after reading Blockchain Daily News.

Other news

Bitcoin Virus ‘Has Infected 30% Of Russian Devices’: Putin Advisor

William Suberg – The Cointelegraph

Russia’s chief presidential advisor on the Internet has stated a Bitcoin mining virus has infected up to 30 percent of Russian computers.

FAO: #OMGSection!?! While the Brits are stockpiling BTCs to pay ransom in event of attacks?!?? See article in “Cryptocurrencies”

DNT: You can say it again, Florin!



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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News