Blockchain Daily News – Edition 1, 03.07.2017
July 3, 2017
Blockchain Daily News – Edition 3, 06.07.2017
July 6, 2017

Blockchain Daily News – Edition 2, 05.07.2017

Blockchain Daily News

by Florin Oprea

Edition 2, 05.07.2017

Deals, Investments & M&As

A2B Direct Announces The Launch Of Blockchain Platform And ICO

Robert Smith – News BTC

A2B Direct recently announced the news of their upcoming Ethereum-backed ICO. The crowdsale is set to go live on July 12, 2017 and will run for a month. The campaign seeks to raise €500,000 to €3,000,000.

FAO: Another ICO announced. I even found an ICO calendar here.

Feeling Left In Cold By ICO Revolution, VC Firms Jump Blockchain Bandwagon

Jon Buck – The Cointelegraph

There have been a plethora of ICOs on the market over the past months, as the popularity of the crowdfunding mechanism increases.

FAO: Exactly what I commented earlier this week. The ICO revolution will certainly change VC.

Cryptocurrencies

South Korea To Soon Legalize Bitcoin And Ethereum, Protect Traders From Bubble Burst

Joseph Young – The Cointelegraph

On July 3, Representative Park Yong-Jin of the ruling Democratic Party of South Korea announced that revisions on the regulatory frameworks for cryptocurrencies including Bitcoin would be released in the upcoming months.

FAO: Asia is leading the fintech and blockchain revolution with China, Japan and South Korea as key players.

It’s Official: Japan Has Eliminated Tax on Bitcoin, Rise in Trading Expected

Joseph Young – The Cointelegraph

Japan’s tax reform bill which officially eliminated consumption tax on the sale of Bitcoin came into effect on July 1. Bitcoin trading activities are expected to rise in Japan following the activation of the bill.

FAO: What did I just say about Asia?

Countdown To SegWit: These Are the Dates To Keep an Eye On

Aaron van Wirdum – Bitcoin Magazine

Bitcoin’s very public scaling debate is entering a crucial phase. Two of the most popular scaling proposals available today — BIP148 and SegWit2x — both intend to trigger Segregated Witness (“SegWit”) activation within a month, which means that the protocol upgrade could be live within two.

Exchanges & Trading Venues

Bitcoin User Base Surges, Coinbase Adds 1 Mln Users In 1 Month

Joseph Young – The Cointelegraph

Bitcoin wallet and trading platforms are experiencing an explosive growth in their user bases. In June, Coinbase added one mln new users, demonstrating a massive increase in its user base in a relatively short period of time.

FAO: Things are starting to look up. At the same time these trading venues need to adapt and increase trading capabilities. This market, in particular, will need to do a lot more since it had at least two outages in the last week, if I remember well.

Funderbeam, Blockchain-Powered Global Startup Stock Exchange

Therese Torris – Crowdfundinsider

Founded in Estonia and headquartered in the UK, Funderbeam is a Blockchain-powered platform for cross-border startup funding with an extensive information database, a primary market for fundraising and a secondary market for equity and debt trading.

BitPeople

Bitcoiner Charlie Shrem Is Working On A Prepaid Dash Debit Card

Benjamin Vitáris – Cryptocoins News

Charlie Shrem was among the first who started to turn more focus on bitcoin when he founded BitInstant in 2011. Since the entrepreneur was doing business while a bitcoin was only worth a few dollars, not $2,600, his firm became on of the biggest on the market. According to Fortune’s profile, Shrem handled approximately one-third of all bitcoin transactions at a time.

DNT: Despite the previous legal issues, Charlie Shrem is, without any doubt, one of the most prominent figures that have facilitated Bitcoin trading … A real Bitcoin advocate, who believed in the value and mainstream potential of Bitcoin. Interesting new project.

Latest Developments & Agreements

University Of Sydney Builds New Red Belly Blockchain Technology

Asha McLean – ZD Net

Researchers at the University of Sydney (USYD) are building a new blockchain technology, dubbed Red Belly Blockchain, that they believe has the potential to revolutionise the global economy.

FAO: 440,000 transactions per second on 100 machines.

Bitcoin Payroll Startup Bitwage Launches UK Services

Stan Higgins – CoinDesk

Bitcoin startup Bitwage, which focuses on the international payroll market, is expanding its European footprint with a launch in the UK.

Deloitte Partners Waves In Bid To Shape The Future Of Blockchain

Finextra

Deloitte CIS and Waves Platform, a leading developer of blockchain solutions, signed a memorandum on strategic partnership.

Startups, Accelerators & Hubs

Consortium To Launch Test Reinsurance Contract On The Open Market

Matthew Lerner – Business Insurance

The B3i initiative is making progress establishing an industry-grade blockchain prototype for a natural catastrophe excess of loss property reinsurance contract, according to Jags Rao, blockchain workstream lead at Swiss Re Ltd. in Zurich.

Events

US Government To Host Federal Blockchain Forum

Anthony Coggine – The Cointelegraph

The US government announces its plans to hold a US Federal Blockchain Forum on July 18, 2017.

FAO: That’s exactly on my birthday! So I’ll pass…

Analysis

Goldman Sachs Says Bitcoin Could Rise Another 50%

Evelyn Cheng – CNBC

Goldman Sachs is out with a call on bitcoin, and chart analyst Sheba Jafari expects the digital currency could rise as high as $3,915.

Bitcoin ‘Going To Moon,’ Could Reach $1 Billion: FOX News

William Suberg – The Cointelegraph

FOX News has joined the mainstream networks bullish on Bitcoin, embracing claims it could reach up to $1 bln.

Are World’s Elite Really Buying Into Ethereum?

Joseph Young – The Cointelegraph

Earlier this week, sources including Business Insider revealed that John McAfee-led cyber security company MGT Capital has started to mine Ethereum alongside Bitcoin.

Blockchain May Drive The Next Wave Of Digitization In India

Andrew Vaz, Rajarshi Sengupta – Livemint

A strategic imperative for any major organization is to understand the fast-changing pace of business and the uncertainty that results out of such flux. This is key to understanding a customer’s business and the challenges and opportunities that such flux presents.

 

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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News