by Florin Oprea
Rachel Rose O’Leary – CoinDesk
Luke Graham – CNBC.com
JPMorgan Chase Chief Executive Jamie Dimon has laid into bitcoin and digital currencies once again, warning that governments will shut them down if they grow too large.
DNT: Mr. Jamie Dimon is quite persevering….American philosopher Eric Hoffer said “You can discover what your enemy fears most by observing the means he uses to frighten you”. And that says almost all…
FAO: Mr. Jamie seems pretty confident about the future actions of various governments…hmmm. Is it because…? Nooo…can’t be…
Jonathan Ponciano – Forbes
Billions of funding dollars have poured into blockchain companies this year, and token sales in 2017 alone have amassed about $2 billion, already crushing last year’s token-sale total of $256 million.
FAO: Mr. Jamie probably had these stats in his mind when he made the remarks we reported today…
Chance Barnett – Forbes
ICOs have quickly grown to account for more startup funding in blockchain-based companies than all of Venture Capital. Nearly $2.3 billion has been raised to date in ICOs, with the large majority of that taking place in the first half of 2017.
Tyler Jefferson – Money Morning
It seems the Aussie government is finally warming to bitcoin. Depending on your point of view, that could be a bullish sign. Or it might mean it’s time to get out and run for the hills.
FAO: Good one! You never know…we should probably take Mr. Jamie’s remarks seriously…
Bart Chilton – CNBC
It’s hard to imagine that even the most ardent bitcoin or digital currency enthusiast isn’t doing a bit of reassessment in light of events in recent days. Prices have been on a roller coaster that doesn’t appear to have an end … at least a good one. There’s still hope, however, that digital currency’s future can be bright if bitcoin’s big blind spot is addressed.
FAO: Bart Chilton, the author of this article, is a former US Trading Commissioner.
Joon Ian Wong – Quartz
Central banks are pretty bullish on blockchain technology, according to a new study by the Cambridge Centre for Alternative Finance. One in five central banks surveyed say they will deploy some form of blockchain tech within the next two years. Nearly 40% say the tech will be in use within a decade.
DNT: I don’t know about you, but for me, this isn’t surprising. It’s just natural. Competition oblige.
Rachel Rose O’Leary – CoinDesk
Ethereum users may soon be getting a much-needed privacy boost. Long a shortcoming for all public blockchain networks, the world’s second-largest blockchain is nonetheless aiming for big improvements in its upcoming Byzantium release.
News Bitcoin – Samuel Haig
Chinese cryptocurrency exchange ViaBTC has announced its plans to launch a trading platform based outside of China. The decision to establish an overseas-based platform follows announcements that the exchange will shut down operations in mainland China on September 30th.
FAO: Which is another natural and very predictable step. I am sure more similar announcements will soon follow…
Willie Tan – The Cointelegraph
The Paper news agency reported that the Chinese regulators not only banned the exchange between Bitcoin and other cryptocurrencies and the Chinese Yuan, but they also called for all trading of cryptocurrency to any fiat currency to end. This carries the implication that all exchanges have effectively been banned.
A businessman from Siberia’s Bitcoin “mining capital” says he regrets not starting earlier, as it saved him from a “terrible crisis.” Others say they gained “freedom,” as well as profits.
FAO: Now this is a story you don’t read every day…
Jacob J – The Cointelegraph
With increasing numbers of ICOs, the Gibraltar Financial Services Commission has issued a statement saying that it is putting in place a regulatory framework for companies which use Blockchain (or distributed ledger technology) to store or transfer value. This framework is expected to be in place by January 2018.
Evelyn Cheng – CNBC
Digital currency trading is exploding and daily volume could “soon” surpass that of Apple, according to a strategist closely followed by hedge funds.
Nikhilesh De – CoinDesk
Mastercard may be looking to integrate blockchain into its payments infrastructure.
The U.S. Patent and Trademark Office (USPTO) published a new application from the financial giant this week that outlines a solution for a “uniform settlement system” – one that would help ease some of the friction involved with business-to-business payments.
DNT: Nice. An example to be followed.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News