Blockchain Daily News – Edition 42, 30.08.2017
August 30, 2017
Blockchain Daily News – Edition 44, 01.09.2017
September 1, 2017

Blockchain Daily News – Edition 43, 31.08.2017

Blockchain Daily News

by Florin Oprea

Edition 43, 31.08.2017

Deals, Investments & M&As

It’s About to Become Even Easier to Issue Blockchain-Based Coins

Camila Russo – Bloomberg

Polymath Inc. wants to be a one-stop shop for issuers of tokens that have similar properties as financial securities. The platform, which the proprietors say doesn’t require advanced technological knowledge, guides users through every step — from creation, to fundraising, to secondary-market trading — while complying with ever stricter regulations.

ICOs Suggest Financial System Fragility

Peter Lee – Euromoney

Panic buying of altcoin offerings is an obvious bubble that hints at a far more worrying loss of faith in the world monetary system.

FAO: What’s the conclusion after reading these two stories? Is this a bubble? It might be…Can it grow bigger? Well, yes, it might…But what if this is only the tip of the iceberg? What if the “cryptoverse” is the future? Why are we reporting new funds jumping on the blockchain bandwagon on a weekly basis? Why are there thousands of job openings in the “blockchain world”? Why are universities starting to add blockchain to their curriculums?

Cryptocurrencies

Citi Speaks: State-Backed Cryptocurrency Key to Blockchain Adoption

Michael del Castillo – CoinDesk

State-backed cryptocurrencies are key to the adoption of blockchain technology, according to City’s head of core cash management for Asia-Pacific, Morgan McKenney.

FAO: And some states, important ones, are already studying, testing, considering to launch them? Read today’s “Regulation” section.

Bitcoin Meets Zcash: Developers Test Tool for Trustless Trades

Alyssa Hertig – CoinDesk

Created by zcash developers Jay Graber and Ariel Gabizon, ZBXCAT is a new command-line tool that developers can use to exchange the two cryptocurrencies.

With today’s bitcoin exchanges having a history of being vulnerable to hacks (leading to millions of dollars in customer losses), ZBXCAT uses a concept called “atomic swaps” to avoid the need to hold users’ funds.

FAO: Hmmm, cool stuff!

Exchanges & Trading Venues

Coinbase Furthers Fight Against Cryptsy Lawsuit in New Filing

Stan Higgins – CoinDesk

Coinbase has laid out its appeal against an ongoing lawsuit tied to the defunct exchange Cryptsy.

FAO: Last month US District Judge Kenneth Marra has ordered Paul Vernon (former CEO of Cryptsy) to pay $8.2 mln in damages to their clients.

Embattled BTC-e Outlines Three-Stage Process for Bitcoin Exchange Relaunch

Stan Higgins – CoinDesk

In a new update, a representative for the long-running and infamous bitcoin exchange outlined how the relaunch would happen over a several week-period, occurring in three stages.

FAO: BTC-e trying to relaunch…

BitPeople

Putin And Ethereum: A Match Made In Fintech

Madhvi Mavadiya – Forbes

Russian state-owned development bank Vnesheconombank (VEB) and other government ministries unveiled a blockchain research center to be headquartered at the National University of Science and Technology in Moscow, as part of a digital initiative led by Putin.

FAO: Increasing “crypto” action in Russia. Since Putin met Vitalik Buterin, the founder of Ethereum, in June  there were multiple other endorsements from various Russian high-level politicians. Russia is even discussing a “crypto-ruble” in the near future. Interesting developments…check our BDN Archive for more related coverage.

From Tech Titans To Blockchain Billionaires

Dante Disparte – Forbes

If the internet augured a world of frictionless information sharing, can blockchain augur a world of frictionless value transfer?

Regulation

Central Banks Can’t Ignore the Cryptocurrency Boom

Enda Curran, Piotr Skolimowski & Craig Torres – Bloomberg

The boom in cryptocurrencies and their underlying technology is becoming too big for central banks, long the guardian of official money, to ignore.

FAO: China, the EU, Japan, Russia, Netherlands, Colombia, Estonia etc. have already started their “blockchain”/”Crypto” agendas…We have reported all important moves – try our Archive. What’s next? You tell me…Contact us here.

Events

BlockShow Asia by Cointelegraph Announces 5 Major Blockchain Events for Autumn

William Suberg – The Cointelegraph

BlockShow Asia by Cointelegraph will hold a series of five major meetups across Asia in September and October.

Analysis

Will Blockchain Change The Way We Invest?

Omri Barzilay – Forbes

As cryptocurrencies are becoming more common, new blockchain powered platforms are emerging to change the way we invest.

FAO: I think it has already changed it…

 

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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News