by Florin Oprea
Pete Rizzo – CoinDesk
The $600m market for initial coin offerings may soon be set to expand.
Investment firm Pantera Capital is launching a new hedge fund focused on investments solely in tokens that power public blockchain protocols.
FAO: Pantera was founded by its CEO, Dan Morehead, a former CFO and head of macro trading at Tiger Management, a hedge fund.
William Suberg – The Coin Telegraph
Russian Burger King restaurants are due to start accepting Bitcoin as a payment method this summer, reports state on Wednesday.
DNT: A few days ago we covered a story about what we can buy with Bitcoin.. Maybe even sandwiches? Yes. And the list that Florin provided is growing…Great! Problem solved. We can buy a sandwich with Bitcoin. And not only in one place.
John Brazier – Waters Technology
This week it was the turn of both R3 and the Digital Trade Chain Consortium (DTC) to announce new developments regarding their respective efforts to get DLT live in the capital markets as soon as possible.
FAO: More details about R3’s announcement can be checked in our yesterday’s edition.
Harbour introduces a democratic, community-governed framework to the blockchain ecosystem for managing and holding token assets by harnessing the wisdom of the crowd.
Madhvi Mavadya – Forbes
Last month, social payments app Circle made it into the top 20 UK iPhone App Store chart after a period of viral social growth and many young people have started to use the service in a social setting, in the same way Venmo is used in the US.
Saheli Roy Choudhury, Geoff Cutmore – CNBC
SAP’s chief strategy officer: Blockchain is not a zero-sum game and its implementation across various sectors is going to be an overall positive for businesses.
Jonathan Stempel – Reuters
A Florida man was sentenced on Tuesday to 5-1/2 years in prison after pleading guilty to operating an illegal bitcoin exchange suspected of laundering money for hackers and linked to a data breach at JPMorgan Chase & Co.
FAO: Anthony Murgio and his co-conspirators faced accusations of processing millions of dollars into bitcoin through the unlicensed exchange Coin.mx.
Stan Higgins – CoinDesk
The US Commodity Futures Trading Commission (CFTC) has cited the advance of technologies like blockchain in a request to obtain additional funding for oversight activities.
FAO: Seems fair. I remember last year they asked for more funds to watch the activity of HFT (high frequency trading) firms on US exchanges.
Anthony Coggine – The Coin Telegraph
US Securities and Exchange Commission is still eyeing to enforce regulations to Blockchain companies engaged in ICO.
FAO: Interesting to watch this further. I bet they won’t be able to do it in the next 5 years. What do you think? Send me your thoughts.
Nikkei Asian Review
Japan wants to use the data storage technology behind bitcoin and similar virtual currencies to update how individuals and companies interact electronically with government, aiming to bolster information security while cutting administrative costs.
FAO: Read the first two headlines of this section. Now read the headline above. Am I the only one thinking about the growing discrepancy between western and eastern governments when it comes to blockchain?
Ian Allison – International Business Times
Blockchain developer ChromaWay has released Postchain – “the first consortium database” – to combine the power and flexibility of mature, productised databases with blockchain database design.
Michael del Castillo – CoinDesk
The World Economic Forum has published a detailed white paper arguing that blockchain stakeholders should organize in a way that would dwarf even the largest consortia.
Press release here – via MondoVisione.
FAO: Today’s top story, but added in the proper section…
Jonathan Garber – Business Insider
Ethereum is exploding higher Wednesday, trading up by 32% at $299.70. It hit a high of $308 earlier in the session.
FAO: Bulls take charge.
Sidhartha Shukla – Money Control
Speaking to Moneycontrol Charles Hayter, co-founder and CEO of cryptocurrency data platform CryptoCompare, sheds light on the what Bitmain’s proposed hard fork is and what it means for bitcoin, as a technology and on its price.
Joseph N. DiStefano – PhillyDeals
Innovators who want to raise capital in a hurry, for projects based on blockchain electronic record systems and electronic currency platforms, are bypassing IPOs to pitch quick-buck initial coin offerings (ICOs).
“In some way, the project is a loose data visualization, but I mainly wanted to make the bills be interesting on their own as artworks,” says Matthias Dörfelt, the Los Angeles-based artist who made the notes.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News