Blockchain Daily News – Edition 179, 28.03.2018
March 28, 2018
Blockchain Daily News – Edition 181, 30.03.2018
March 30, 2018

Blockchain Daily News – Edition 180, 29.03.2018

Fans’ Section

Ripple Donates $29 Million in XRP to US Schools

Simon Golstein – Finance Magnates

Ripple Donates Nearly $30 Million to All 35,647 Projects on DonorsChoose

Samantha Hurst – Crowdfund Insider

Ripple Gives Away $29 Million Of Its Cryptocurrency To Public Schools

Kate Rooney – CNBC

Cryptocurrency startup Ripple donated $29 million of its own digital currency XRP to support U.S. public schools, the company announced. The donation, which Ripple said is the largest-ever cryptocurrency gift to a single charity, fulfilled thousands of requests from public school teachers on the crowdfunding site DonorsChoose.

DNT: We chose a slightly different type of story for this section today, but how can not be a fan of this gesture? Congrats to Ripple!

Oh, and this Ripple donation it’s an excellent marketing vehicle, don’t you think?

Deals & Investments

Energy-Saving Bitcoin Rival Chia Raises From A16Z, Plans Mini-IPO

Josh Constine – TechCrunch

Bram Cohen invented torrenting. Now he’s building a cryptocurrency called Chia that doesn’t waste electricity like Bitcoin, and top investors are lining up. Chia has just raised a $3.395 million seed round led by AngelList’s Naval Ravikant and joined by Andreessen Horowitz, Greylock and more. The money will help the startup build out its Chia coin and blockchain powered by proofs of space and time instead of Bitcoin’s energy-sucking proofs of work, which it plans to launch in Q1 2019.

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!

Exchanges & Trading Venues

How Billionaire Crypto King Zhao Changpeng Built the No. 1 Exchange In Just 8 Months

Justina Lee, Yuji Nakamura & Benjamin Robertson – Bloomberg (subscription)

Even in a cryptocurrency industry teeming with overnight success stories, Zhao Changpeng stands out.In less than eight months, the founder of Binance has grown his company from an idea into the world’s largest digital-asset exchange by traded value. He has vaulted from obscurity to the cover of Forbes magazine, steered Binance to a $200 million profit in its second quarter of existence, and amassed a personal fortune that he claims is worth as much as $2 billion.

DNT: The meteoric rise of Binance reminds me of the Billionaire song (Travie McCoy Ft. Bruno Mars):“I wanna be a billionaire …. Uh, I wanna be on the cover of Forbes magazine”..

Now, seriously the evolution of Binance was outstanding but, lately, the exchange must face new challenges like the decrease of world’s cryptos, hacking attacks and, most important, the “hot breath” of regulation.

Bitfinex Weighs Move To Switzerland

Matthew de Silva – ETH News

Cryptocurrency Exchange Bitfinex Plans Move To Switzerland


Bitfinex, the fifth-largest cryptocurrency exchange by 24-hour trading volume, is looking to hoist itself out of Hong Kong and settle in Switzerland, as first reported by Handelszeitung (Ed. Note: in German). As confirmed by sources close to Bitfinex, the exchange is already in talks with Swiss authorities.

DNT: The Swiss-German weekly newspaper  Handelszeitung cited CEO Jean-Louis van der Velde, who said, “We are looking for a new domicile for Bitfinex and the parent company iFinex, where we want to merge the operations previously spread over several locations.”

Watch Out For The Fake Poloniex Phishing Apps On Google Play

The Next Web

Avid cryptocurrency traders ought to be extra careful what apps they download from Google’s Play Store – especially if they do their trading on popular exchange desk Poloniex.

ESET security researcher Lukas Stefanko has stumbled upon a malicious Poloniex copycat app designed to phish your credentials and steal your funds.


China Central Bank Will Launch Crackdown On Virtual Currencies

Reuters Staff – Reuters

China’s central bank will launch a crackdown on all types of virtual currencies this year, a vice governor of the central bank Fan Yife said. The central bank will also push forward the research and development of its own digital currency this year.

$7000 Next? Bitcoin Bears Pull Off Downside Break

Omkar Godbole – CoinDesk

Bitcoin bears have come out victorious in the two-day tug of war with the bulls and may push prices down to $7,000.The cryptocurrency has been restricted to a narrow range of $8,140 and $7,700 since March 27, according to Bitfinex data


TipRanks To Launch Cryptocurrency Data and Analytics Platform In Q2‎

Aziz Abdel-Qader – Finance Magnates

TipRanks  has expanded its offering into the cryptocurrency space with the launch of CoinWatch, which provides investors with historical data and real-time analytics on 1,000+ different virtual coins.

The list of features includes a cryptocurrency exchange converter, ‎alerts, investment ideas, pricing data, and heat maps.


Via Fortune Crypto Expert Kathryn Haun Joins Board of HackerOne as an independent director

DNT: Kathryn Haun is a former U.S. Justice Department prosecutor. She is also a member of Coinbase board.

Latest Developments & Agreements

Ripple Joins Hyperledger Blockchain Consortium

Annaliese Milano  – CoinDesk

Distributed ledger startup Ripple has joined the Linux Foundation-backed Hyperledger blockchain consortium. Hyperledger announced hat Ripple is among fourteen companies to join the group, which first launched at the end of 2015 and to date has added more than 200 firms and organizations to its ranks.

Global ICO Accelerator Program Announces US And Asia Branch Launch

Yuliya Avdyusheva – Cointelegraph

Iconiq Lab will soon launch two new branches in the US and Asia, Patrick Lowry, CEO of Iconiq Lab said. The company is opening the US branch in New York in May 2018, with the first batch of the program set to begin in Sept. 2018. Dominic Ward, formerly of Startupbootcamp and currently an advisor at Iconiq Lab, will step in as the Managing Director of the US-based program.

Waves Launches Cryptocurrency Payment Gateway Framework


Waves announced the launch of its new payment gateway framework for the Waves ecosystem. The framework allows developers to quickly and easily deploy gateways to integrate new cryptocurrency coins within their ecosystem. With that, users can then begin trading on the Waves Decentralised Exchanged.

B3i Shifts From Blockchain Consortium To Full-Fledged Company

Annaliese Milano  – CoinDesk

A blockchain consortium backed by a group of global insurance firms has created an independent company with the aim of commercializing some of the solutions it has developed. B3i is backed by notable firms including giants AIG and AIA as well as founding members like Allianz, Aegon and Swiss Re, among others.

Fintech Startup Acudeen Takes Receivables Platform To Blockchain

Global Trade Review

Trade finance could be creeping closer to SMEs in emerging markets, as Southeast Asian fintech startup Acudeen opts to shift its online receivables marketplace onto the blockchain.

The Singapore-based firm forecasts a US$2tn market opportunity in its use of blockchain to provide a secure invoice factoring solution using its customised cryptocurrency. With its token pre-sale set to end on April 8, the group’s ICO will launch on April 9.


Cryptodad’ Regulator Catches Some Twitter Heat

Robert Schmidt & Benjamin Bain  – Bloomberg (subscription)

Commodity Futures Trading Commission Chairman J. Christopher Giancarlo has blown up on Twitter recently, gaining tens of thousands of followers almost overnight after enthusiastically testifying in February to Congress about digital currencies. The balding, bespectacled 58-year-old regulator now has 49,000 Twitter followers and is regularly lauded in memes that call him “Bitcoin Jesus” and “one of us! one of us!” He’s even embraced the slightly dorky hashtag given to him by the Bitcoin masses: #cryptodad.

Liechtenstein To Support Blockchain With New Regulations

Markus Kasanmascheff – Cointelegraph

The government of Liechtenstein will introduce new legislation to regulate Blockchain business models and underlying Blockchain systems, Prime Minister Adrian Hasler announced. The bill will be presented in summer 2018 and is drafted so that business models based on Blockchain technology are integrated in a manner which provides legal and regulatory certainty for businesses and customers alike.

DNT: A few weeks ago, Liechtenstein Royal Family  announced it might invest in Cryptos (read here Fans Section). And  we also know that blockchain is booming in Liechtenstein – details hereAccelerators & Hubs section.

Accelerators & Hubs

Vietnam May Soon Emerge As One Of Southeast Asia’s Blockchain Innovation Hubs

Casey Hynes – Forbes

Looking at financial inclusion alone, only 31% of adults in Vietnam have bank accounts. But smartphone ownership is on the rise, with 40% of the population expected to own these devices by 2021, which means app-based, blockchain financial services could bring the underbanked into the fold.


When We Stop Talking About Blockchain, We Can Change The World With It

Dante Disparte – Forbes

If the internet created a world of low friction communication, blockchain can create a world of low friction value transfer. Indeed, blockchain’s power to transform the world can only be fully harnessed when we stop talking about blockchain and the hype is replaced by this technology fading to the background.


Three Near-term Applications For Blockchain Technology

Ben Taylor – Forbes

In democracies, there are elected officials who are responsible for enacting laws. These laws become the basis for regulations. Some entity, in turn, becomes responsible for enforcing those regulations.Recent technological advances may turn those regulations — and that entity — into code. Historically, that hasn’t been possible, due to trust. How do you have trust between different parties without a centralized, regulated entity controlling the process? The answer lies in decentralized systems and blockchains: shared immutable ledgers.


Bitcoin Bull Tom Lee Says HODL On During Slumps For Big Gains

Janine Wolf – Bloomberg (subscription)

Bitcoin advocate Thomas Lee is leaning on his years of experience as a stock analyst when warning cryptocurrency investors that they need to be patient in the wake of this year’s more than 40% decline.


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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News