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June 20, 2017
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Blockchain Daily News – Soft launch Edition #20, 21.06.2017

Blockchain Daily News

by Florin Oprea

Edition #20, 21.06.2017

Deals, Investments & M&As

Too Easy? Critics Take Aim at Ethereum Token Standard Amid ICO Boom

Amy Castor – CoinDesk

It’s hard not to be taken aback by the amount of money consumers have been throwing at initial coin offerings (ICOs) lately.

PHILIPP SANDNER, Frankfurt School Blockchain Center: It is OK to criticize ICOs but the people I know participating in ICOs know what they are doing and do not need to be protected. People expect that they can loose much money participating in ICOs.

Cryptocurrencies

Move Over, Bitcoin. Ether Is the Digital Currency of the Moment.

Nathaniel Popper – NY Times

With the recent price increases, the outstanding units of the Ether currency were worth around $34 billion as of Monday — or 82% as much as all the Bitcoin in existence. At the beginning of the year, Ether was only about 5% as valuable as Bitcoin.

Bitcoin Miners Are Signaling Support for the New York Agreement

Aaron van Wirdum – Bitcoin Magazine

As of today, over 80 percent of miners (by hash power) are including the letters “NYA” in the blocks they mine. This follows the publication of letters(translation) in which a group of Chinese Bitcoin companies — notably including most mining pool operators — announced that they would signal support for “the New York Agreement.”

FAO: Read the article below if you want to get acquainted with this topic.

Bitcoin Scaling Agreements – Hong Kong Consensus vs New York Consensus

The Merkle

Over the past year and a half, we have been multiple “agreements” to make Bitcoin scale. Two of the agreements that stood out are the Hong Kong agreement, and the one recently formed in New York. Both of these proposals highlight some interesting aspects of making Bitcoin scale. It also goes to show how some things have changed, whereas others virtually remain the same.

Nearly 50K Users Strong, Blockchain-Powered Colu Introduces Local Pound Currency

Erin Hobey – Crowdfund Insider

Colu, a blockchain-powered platform for creating digitized, localized currencies, launched its second currency in the UK – the Local Pound, East London.

FAO: The “Jobs” section of their website is absolutely brilliant. Take a look here.

Exchanges & Trading Venues

Bitstamp Adds Litecoin Trading

Avi Mizrahi – Finance Magnates

The move comes as Litecoin is trading at an all time high, with the LTC/USD exchange rate now above $50.

FAO: Last week we reported that Charlie Lee, the founder of Litecoin and a member of Coinbase, is leaving the exchange in order to Focus on Litecoin Full-time.

Vendors

Growing Scepticism Challenges The Blockchain Hype

Financial Times (sub)

BitPeople

ConsenSys Launches Coding Academy For Ethereum Blockchain

Tyler Woods – technical.ly/brooklyn

ConsenSys wants you to teach you how to code on the blockchain — and then hire you.

FAO: Cool.

via Benzinga – Markus Ament will be joining the Board of Advisors  HighRadius Corporation

Regulation

Financial Firms Offer Diverse Blockchain Views in European Commission Response

Chuan Tian – CoinDesk

With the comment period officially concluded on 15th June, companies and organizations as diverse as Euroclear, the European Association of CCP Clearing Houses (EACH), the European Payment Institutions Federation (EPIF) and the European Consumer Voice in Standardization are going public with comments on DLT’s regulatory obstacles and risks.

Analysis

Dash Price Reaches $200 for First Time, Market Cap Above $1.5 Billion

Avi Mizrahi – Finance Magnates

The price of privacy-focused cryptocurrency Dash increased by 100% over the last three months.

 

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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News