by Florin Oprea
Avi Mizrahi – Finance Magazine
Santiment, a crypto-market information network, has announced the successful completion of its token sale. The token sale reached Santiment’s intended hard cap of 45,000 ETH (worth over $10 million at the current Ethereum price level) within two days, and less than 45 seconds (within three blocks) after opening the semi-public Cofound.it portion.
FAO: We don’t have news about the “Useless Ethereum Token” ICO today BUT this first story could have been added in a “OMG Section!?!!” This is madness! N’est-ce pas?
FAO: Unlike the “Useless Ethereum Token”, which I hope it’s a joke, the initiators of the project below say it’s not a joke…
Pete Rizzo – CoinDesk
Tierion is announcing the Tierion Network Token (TNT), a publicly tradable digital asset that will be built on the ethereum blockchain.As described in a new white paper, Tierion’s token will seek to extend and amplify the network effect that supports its Chainpoint protocol, a technology the startup developed in 2015 that enables users to create time-stamped proofs using public blockchains.
Wolfie Zhao – CoinDesk
Japanese energy conglomerate TEPCO has invested in in blockchain startup Conjoule’s €4.5m funding round.The Germany-based startup, which is focused on developing peer-to-peer energy trading solutions using blockchain, also received funding from the Innogy Innovation Hub, which incubated the project from its inception.
FAO: Japan’s TEPCO but also Innogy Innovation Hub invested in this German company which is building a decentralised energy marketplace. Lots of energy in the energy sector in Europe since Enel SpA and RWE AG announced (reported here, during our soft launch) the start of live trading based on blockchain in Q4, using a software called Enerchain that allows anonymous peer-to-peer trading. Oh and Canada’s TMX Group (the exchange group) tests natural gas transmission with Blockchain-based prototype, reported here.
Alex Hern – The Guardian
After the boom and bust and boom of bitcoin, where some lost millions on discarded drives and others found forgotten wallets with enough to buy a flats in Oslo, the next big thing in the cryptocurrency is here to generate millions of pounds for the lucky few brave enough to invest: the initial coin offering (ICO).
Bonnie Halper – The Memo
Initial Coin Offerings, or ICOs (pronounced ‘eye-cos’) have taken the world by storm.
Instead of turning to traditional investors, burgeoning blockchain-based firms are creating new digital tokens and swapping them for cold hard cash.
Joseph Kato – All Africa
Kampala — Police and financial experts have called for a policy to regulate digital currencies, also known as crypto currencies, in order to minimise cases of electronic fraud.
William Suberg – The Coin Telegraph
Cryptocurrency investment platform arbX is facing scam accusations after it told users it was “looking at a complete loss of funds.”
FAO: Ooops, it seems we clearly needed that “OMG Section!?!!” anyway…
Maria Terekhova – Business Insider
While most federal regulators in the US have taken a sluggish approach to cryptocurrencies, the Commodity Futures Trading Commission (CFTC) has been an exception. In September 2015, the body designated cryptocurrencies as commodities, rather than currencies.
FAO: Praises CFTC’s steps in the crypto world.
Noelle Acheson – CoinDesk
Last week, Delaware passed amendments to state legislation that, once signed into law by the end of July, will give corporations registered in the state the right to issue and trade shares on a blockchain platform.
FAO: Makes reference to Delaware passing amendments to state law (reported here) – making explicit the right to trade stocks on a blockchain.
Maren Lesche – Yourstory
Niko is a well-known influencer and serial entrepreneur. Together with his two cofounders Kerstin Bock and Carolin Lessoued, he runs three companies: TOA, co-working space Ahoy! Berlin with offices in Berlin and Brazil, and Openrs, a consulting agency.
FAO: Profile of Berlin’s Niko Woischnik, cofounder of: Tech Open Air (TOA), co-working space Ahoy! Berlin and Openrs, a consulting agency.
Aaron Stanley – CoinDesk
Ethereum startup ConsenSys is actively exploring a partnership with the African nation of Mauritius that could create a so-called “Ethereum Island,” a hub for blockchain technology innovators that would seek to branch out into Africa, Asia and beyond.
FAO: ConsenSys reps met the nation’s Board of Investment, the Bank of Mauritius and other private and public sector authorities.
While plenty of technology companies have lost to peer to peer, open source organizations, no one would’ve expected PayPal could face this as well.
FAO: Yes, yes and yes.
Kelly Phillips Erb – Forbes
With billions being made in the crypto-bubble, Uncle Sam wants his cut. Getting his hands on it will be another matter.
FAO: “Uncle Sam wants his cut” – check the “Regulation” section again.
Even if the price of Bitcoin goes down, bitcoin mining is still paying you newly minted bitcoins – which represents a gain to your position.
FAO: Uh oh.
John Detrixhe, Joon Ian Wong – Quartz
Few things are hotter in the financial services industry right now than blockchain. The technology is being tested in a variety of ways, going up against decades-old technology that’s ripe for replacement. But now that there are live blockchain-based systems in place, advocates need to prove that they’re better than the alternatives.
Alex Tapscott – The Globe and Mail
Bitcoin is the mother of all cryptocurrencies, and the most famous of them. Created by a person or people using the pseudonym Satoshi Nakamoto, it defined the algorithms that enable the transfer of assets from one party to another without an intermediary, such as a bank.
Starting in September, the city of Zug will provide a digital identity to its citizens – the first community in the world to do so. The electronic identity will be based on an application which secures personal information with the help of the blockchain technology and linked to a crypto-address, Zug said in a statement.
FAO: All kind of blockchain stories emerge from Zug Valley. Here’s another one we reported last month, during our soft launch.
TigerRisk Partners has become the first insurance broker/advisor to join R3’s Centre of Excellence for distributed ledger technology (DLT) in the insurance and reinsurance industries, which it runs in partnership with ACORD (Association for Cooperative Operations Research and Development).
Yizhu Wang – Forbes
Financial institutions and venture capital investors are betting on the opportunities of updating the financial infrastructure with blockchain.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News