Blockchain Daily News – Edition 41, 29.08.2017
August 29, 2017
Blockchain Daily News – Edition 43, 31.08.2017
August 31, 2017

Blockchain Daily News – Edition 42, 30.08.2017

Blockchain Daily News

by Florin Oprea

Edition 42, 30.08.2017

Deals, Investments & M&As

Blockchain Platform For “Tokenized Investment Funds” Demonstrates The Future of Investing

Rachel Wolfson – Huffington Post

Blackmoon Financial Group announced a blockchain-based platform to power what they call, “tokenized investment funds.” Blackmoon Crypto serves as a one-stop solution for asset managers to create and legally manage compliant tokenized funds.

PHILIPP SANDNER, Frankfurt School Blockchain Center: More and more crypto funds in the pipeline – will this lead to rising prices? Or a bubble?

FAO: Both?

Cryptocurrencies

SegWit’s Slow Rollout: Why Bitcoin’s Capacity Hasn’t Seen a Sudden Boost

Alyssa Hertig – CoinDesk

The much-hyped technology is well-known for two things – boosting average block size and paving the way for a secure Lightning Network – when SegWit finally activated on August 23, the code change didn’t immediately trigger these benefits.

Exchanges & Trading Venues

Japan’s Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange

Kevin Helms – Bitcoin.com

Ceres Inc has partnered with Japanese exchange Bitbank to use its B2B white label bitcoin exchange service to launch a cryptocurrency exchange.

FAO: Second company this week announcing its plans to launch a crypto exchange and targeting its customer base. First was South Korea’s Kakao with 200m users, reported the other day

Vendors

Major Payment Processor Files Patent for Blockchain-based ATM Network

Joshua Althauser – The Cointelegraph

China UnionPay has filed a patent for a system that utilizes Blockchain technology to connect a network of ATMs.

5miles Opens New Blockchain Technology Lab, 5xlab

BUSINESS WIRE

5miles, the leading mobile marketplace in the U.S., has announced the formation of 5xlab, a blockchain lab that will offer technology development services for building a new digital network infrastructure.

Latest Developments & Agreements

Colombian Central Bank to Test R3 Distributed Ledger Software

Rachel Rose O’Leary – CoinDesk

Banco de la República Colombia, the South American nation’s central bank, has made an agreement with software company R3 to test its distributed ledger technology, Corda.

FAO: Woo hoo!! Good job for R3 and happy to hear about a central bank testing the power of blockchain.

Other news

Russian Power Generators To Sell Excess Capacity To Bitcoin Miners

RT

Companies operating power plants in Russia have started leasing generators with excess capacity to cryptocurrency miners, Vedomosti daily reports.

Russia’s largest energy company EvroSibEnergo has reportedly received dozens of requests.

FAO: What do you make of this win-win situation?  

Dark Web Finds Bitcoin Increasingly More Of A Problem Than A Help, Tries Other Digital Currencies

Evelyn Cheng – CNBC

Criminals are dropping bitcoin in favor of other digital currencies that are harder for law enforcement to use in tracking activities in an anonymous corner of the internet known as the dark web.

Opinion

Why Gold Is Less of a Haven These Days

Mohamed A. El-Erian – Bloomberg

Its status has been eroded by unconventional monetary policy and cryptocurrencies.

FAO: Here’s an opinion signed by a real “money-guru”, Mohamed A. El-Erian, Pimco’s former CEO and co-CIO.

 

 

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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News