Blockchain Daily News – Edition 43, 31.08.2017
August 31, 2017
Blockchain Daily News – Edition 45, 04.09.2017
September 4, 2017

Blockchain Daily News – Edition 44, 01.09.2017

Blockchain Daily News

by Florin Oprea

Edition 44, 01.09.2017

Deals, Investments & M&As

Six Big Banks Join Blockchain Digital Cash Settlement Project

NY Times

Six new banks have joined a UBS-led effort to create a digital cash system that would allow financial markets to make payments and settle transactions quickly via blockchain technology.

Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG and State Street have joined the group developing the “utility settlement coin” (USC), a digital cash equivalent of each of the major currencies backed by central banks.

FAO: Big banks are jumping on the blockchain bandwagon. Is this good or bad news? Please share your opinion HERE and we will publish it if we consider it pertinent. We thought to keep this as next week’s topic. We are waiting for your thoughts. Please take some time and contribute.

Hedge Funds Are Cashing In On Bitcoin Mania — There Are Now 50 Dedicated To Cryptocurrencies

Business Insider

The market for cryptocurrencies is red-hot, and dozens of crypto-focused hedge funds are looking to get in on the action.

Autonomous NEXT, a fintech analytics firm, released a list of 55 cryptocurrency hedge funds, illustrating the mounting interest in the space.

FAO: Oh my…now that is something. Everybody wants in. Can the “cryptoverse” adapt? Can it (safely) grow that fast?  

ICO M&A? Token Exits Could Get Messy

Ash Egan – CoinDesk

There is enormous value in issuing tokens, and there are reasons token sales are booming.


Dash’s Past, and Future: An Editorial

David Dinkins – The Cointelegraph

The project is about to host its first conference, Dash Conference 2017 in London, and is funding the largest cryptocurrency sponsorship in history.

FAO: DASH’s price is currently $380. It was less than $12 in January ‘17…

Exchanges & Trading Venues

Bitcoin Exchange Sees Complaints Soar

Lily Katz & Julie Verhage – Bloomberg

The U.S. Consumer Financial Protection Bureau has received at least 293 complaints about Coinbase Inc., according to data reviewed by Bloomberg.


Oracle Officially Joins Hyperledger Blockchain Project

Joshua Althauser – The Cointelegraph

Oracle intends to utilize the Hyperledger Fabric Blockchain code as the platform for its new cloud-based service.

Nuco’s Aion Network Provides A Way To Communicate Between Multiple Blockchains

Ron Miller – TechCrunch

As blockchains begin to gain in popularity, a need is developing to enable them to communicate with one another. That would require a networking infrastructure to facilitate that communication, and that’s precisely what Nuco, a Toronto-based startup is trying to do with the release of the Aion blockchain network.

Latest Developments & Agreements

Ethereum Founder Strikes Deal with Russian Development Bank

Rachel Rose O’Leary – CoinDesk

Announced in a joint statement, the Ethereum Foundation will work together with the Vnesheconombank (VEB) to support its new blockchain research center, providing specialist training for distributed ledger technology and the ethereum platform.

FAO: More coverage related to yesterday’s announcement. Russia unveiled a blockchain research center, part of a digital initiative led by President Putin.


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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News