by Florin Oprea
Antony Peyton – Banking Technology
BBVA reckons the fever for ICOs in blockchain must be cooled as the industry is facing a “dangerous bubble” driven by speculation.
FAO: In May we reported about a new blockchain consortium formed by a group of Spanish banks, including: Abanca, Bankia, CaixaBank, Kutxabank, Ibercaja, Liberbank and Unicaja. Oh and we know BBVA is testing blockchain, it’s working with Ripple on this – here’s a report.
Amy Castor – Forbes
0x (pronounced “zero-x”), an Ethereum-based project looking to raise $24 million in an ICO, has some missing elements, according to a group of computer scientists who recently examined the project under a microscope.
FAO: Oops. According to a report of researchers at Cornell Tech’s Initiative for Cryptocurrencies and Contracts (IC3) the 0x code is incomplete. Did you miss our #OMGSection!?!!
Yuji Nakamura – Bloomberg
The problem is that SegWit2x is a two-step process, and only the first one is complete. The second step, scheduled for November, is already generating controversy and could halt the rally unless things go smoothly. Given the community’s stormy history, I would expect anything but.
FAO: Interesting times. It will be a tough autumn. BCH is currently no. 4 in market cap.
Sarah O’Brien – CNBC
Investors pin hopes on underlying “blockchain” technology.
Tom Groenfeldt – Forbes
Brad Garlinghouse, CEO of Ripple, likes to compare speeds of moving money internationally.
FAO: Is it Ripple’s week? Yesterday we had two stories about Ripple’s development plans.
John Patrick Mullin – The Cointelegraph
One of the leading Ethereum Blockchain consortiums just got a bit stronger. The Enterprise Ethereum Alliance (EEA) announced the addition of 14 new members to its Legal Industry Working Group.
FAO: New wave of members joining EEA. Last wave was reported last month.
Wolfie Zhao – CoinDesk
Japan’s largest IT services firm, NTT Data, has announced a new consortium aimed to investigate use cases for blockchain technology.
Notable participants include Mizuho Financial Group, Mitsu Sumitomo Insurance, Nippon Express and Sojitz Corporation. The Bank of Tokyo-Mitsubishi, Toyota Tsusho and Kawasaki Kisen Corporation, and others, are also involved.
FAO: Looks like we will soon need to organize a list of blockchain consortiums, just to keep track…
Cyrus Farivar – Ars Technica
Over a year ago, federal authorities strongly suggested in court filings that, in 2015, after Shaun Bridges had left the Secret Service and after he had already signed his first guilty plea, he had illegally transferred to himself over 1,600 bitcoins. Those bitcoins had previously been seized by federal authorities from Bitstamp, a European Bitcoin exchange, which later challenged the seizure.
FAO: At current BTC rate that is about $7m. Hmmm…
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News