Blockchain Daily News – Edition 23, 03.08.2017
August 3, 2017
Blockchain Daily News – Edition 25, 07.08.2017
August 7, 2017

Blockchain Daily News – Edition 24, 04.08.2017

Blockchain Daily News

by Florin Oprea

Edition 24, 04.08.2017

Deals, Investments & M&As

Fintech Firm Takes 25% Stake In Gibraltar Stock Exchange

Eugene Costello – Internațional Investment

Gibraltar Stock Exchange Plans Blockchain-Powered Trading System

Wolfie Zhao – CoinDesk

Gibraltar’s primary securities exchange has revealed a plan to “fully integrate” blockchain into its trading and settlement systems.

To help with the integration, the Gibraltar Stock Exchange (GSE) also announced a strategic partnership with a firm called Cyberhub Fintech, which has become a shareholder in the exchange as part of the deal.

FAO: As I said also In FDN, it’s in fact the “Cryptoverse” which absorbs here. Yesterday was “Exchanges Day” in BDN; looks like exchanges all over the world are are eager to grab the opportunity. Are you well positioned ahead of this major shift in global financial markets?

Cryptocurrencies

Ethereum Vs. EOS Shots Fired On Reddit As Vitalik, Dan Larimer Clash

Jon Buck – The Cointelegraph

In a sort of nerdy Clash of the Titans, two of the biggest names in Blockchain technology are having a conversation on which of their two systems has better overall usability for transaction numbers.

FAO: Now this is something one cannot miss.

PHILIPP SANDNER, Frankfurt School Blockchain Center: What should not estimated at this point in time is that thousands of individuals and companies already started with Ethereum – being it the private or the public version.

Tons Of Coinbase Users Fled The Platform After It Rejected Bitcoin Cash — Now The $1 Billion Startup Is In The Center Of A Raging Storm

Becky Peterson –  Business Insider

The world of cryptocurrency is not exactly a calm place. And for Coinbase, one of the hottest and most valuable startups in the sector, this week’s remarkable news around bitcoin put the company in the center of a raging storm.

FAO: Remember the reports the other day?

How To Buy The New Bitcoin Cash After The Split Of The Popular Cryptocurrency

Joon Ian Wong – Quartz

One way to get bitcoin cash is to buy it. It’s is now trading on several major exchanges (here’s a list), with the bulk of trading volume taking place on Kraken and Bittrex.

Bitcoin Cash Is Causing An Influx Of New Investors To Cryptocurrency

Avi Mizrahi – Finance Magnates

Sam Lee, the founder and CEO of Blockchain Global, talks about mining, teaching kids about blockchain and more.

Exchanges & Trading Venues

Suddenly, Bitcoin Exchange Poloniex Changes Terms Of Use, Triggers Alarm

David Dinkins – The Cointelegraph

Bitcoin exchange Poloniex recently notified users of changes to the site’s terms of use, triggering some degree of alarm on the /r/bitcoinmarkets subreddit. Users are also required to agree not to use a web crawler to access any of their pages and are informed that stop loss orders may not execute.

FAO: Oh c’mon guys… really?

LedgerX Will Transform Cryptocurrencies

Aaron Brown – Bloomberg

The move could redefine them.

FAO: Yesterday we mentioned LedgerX’s recent breakthrough in being licensed for clearing derivatives on cryptocurrencies.

Latest Developments & Agreements

State Street To Bitcoin Bull: Blockchain Boss Leaves To Launch Crypto Startup

Michael del Castillo – CoinDesk

Institutional investors have a hard road when it comes to buying large amounts of cryptocurrencies.

FAO: We will strive to watch closely this Project Omni.

Blockchain Wallet Everex Partners With Myanmar-Based MicroMoney

Avi Mizrahi – Finance Magnates

Ethereum-based blockchain developer Everex announced that it has officially entered into a partnership with Myanmar-based microlender MicroMoney. Everex now has access to MicroMoney’s more than 450,000 unique customers and registered users.

Regulation

Chilean Regulator: Central Bank Cryptocurrencies May Be ‘Many Years Away’

Wolfie Zhao – CoinDesk

The head of Chile’s central bank has said he believes a central bank-issued digital currency may be “many years” from coming to fruition.

FAO: At least he is taking it into consideration…

Other news

Ironclad Announces Over $11M In Funding; Unveils Intelligent Contract Management Platform

PR Newswire

Armed with $8 million in new Series A funding, Ironclad unveiled a groundbreaking SaaS platform that turns contracts into code, radically streamlining the way corporations create, store, and leverage contracts as intelligence assets.

FAO: Interesting initiative. Accel Partners was lead investor in this round.

WannaCry Hackers Are Using This Swiss Company To Launder $142,000 Bitcoin Ransoms

Thomas Fox-Brewster – Forbes

WannaCry infected as many as 200,000 computers when it broke out in May, locking up systems and demanding $300 in bitcoin from victims wanting their files back. Though many believed the attackers were more concerned about causing disruption, and security experts suggesting North Korea was behind the hacks, the perpetrators are starting to launder their $143,000 in bitcoin.

Opinion

Bitcoin May Just Be A ‘Dangerous Pricing game,’ Says NYU’s Valuation Expert

Evelyn Cheng – CNBC

If bitcoin does not prove its worth as a usable currency, its massive price surge is a “dangerous” game, according to one respected finance professor.

Bitcoin Cash Is Essentially Printing Money

Jessica Sier – The Sydney Morning Herald

The creation of a second bitcoin asset this week did almost nothing to dilute the price of the original unit, with the value of the new asset instead rocketing skyward, generating almost $US7.5 billion ($9.5 billion) out of thin air.

FAO: Oh, last time I looked it was $US4.4 billion…and going down.

 

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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News