Blockchain Daily News – Edition 65, 04.10.2017
October 4, 2017
Blockchain Daily News – Edition 67, 06.10.2017
October 6, 2017

Blockchain Daily News – Edition 66, 05.10.2017

Blockchain Daily News

by Florin Oprea

Edition 66, 05.10.2017

Fans’ Section

BlackRock’s Fink Says Rise Of Bitcoin Shows ‘How Much Money Laundering Is Being Done In The World’

Mark Decambre – MarketWatch

Why BlackRock’s ETF Chief Won’t Launch a Bitcoin Fund

Bloomberg (video)

Mark Wiedman, who oversees BlackRock’s iShares exchange-traded funds, explains why the asset manager won’t be launching a bitcoin or virtual-currency ETF.

FAO: A diplomatic approach, I would say. We will follow BlackRock’s next steps in this direction. Do you feel the “heat” these giants feel?  Let’s park this alongside Mr. Jamie’s statements and recent (the other day) Goldman Sachs announcements. Speaking about Goldman, read the following articles…

It Could Take Goldman Sachs Years To Trade Bitcoin
Leigh Cuen – International Business Times

Bitcoin Traders And Index Funds

Matt Levine – Bloomberg

Goldman Sachs is weighing a new trading operation dedicated to bitcoin and other digital currencies, the first blue-chip Wall Street firm preparing to deal directly in this burgeoning yet controversial market, according to people familiar with the matter.

Deals, Investments & M&As

QUOINE, Leading Global Fintech Company, Launches ICO To Build QUOINE LIQUID, A Global Liquidity Platform For The Crypto Economy


QUOINE will be the first licensed global cryptocurrency exchange in Japan to launch an ICON. QUOINE Corporation was officially licensed by the Japan FSA.

FAO: The future is here! Good luck, Quoine!

Energy Start-Up Carries Out Australia’s First Cryptocurrency Raising

Cole Latimer – The Sydney Morning Herald

Power Ledger, a business that uses blockchain technology to provide peer-to-peer energy trading, is carrying out an ICO to raise equity and engage potential users in its trading network.

FAO: Power Ledger raised $15m in cryptocurrency in its’ pre-ICO.


The Social Network Doling Out Millions In Ephemeral Money

Andrew McMillen – Wired

Smart companies build apps and websites that keep our eyeballs engaged, and we reward them with our data and attention, which benefit their bottom line.

Steemit, a nascent social media platform, is trying to change all that by rewarding its users with cold, hard cash in the form of a cryptocurrency.

DNT: A sincerely WOW for this…And I can say it again! And I will: wow.

Ethereum Client Update Sets Byzantium Hard Fork Date

Rachel Rose O’Leary – CoinDesk

Ethereum’s most popular client has upgraded its code to enforce the upcoming Byzantium upgrade set for later this month.

Bitcoin Fees Chasing Businesses Away, Dash, Litecoin Benefit

Darryn Pollock – The Cointelegraph

In Bitcoin’s early days, one of its selling points was the ability to move money globally, with little to no fees. That is no longer the case, as the cost of moving Bitcoin can sometimes exceed the costs of PayPal and Western Union.


Boston Fed VP: Blockchain Will Wake Up Swift And Other Middlemen

Michael del Castillo – CoinDesk

Any incumbent, that’s a middleman – which the Fed is, stock exchanges are, Swift is, The Clearing House is – I wouldn’t say that the fintechs are going to put us out of business, necessarily. What they will do is wake us up in some cases to be a little more innovative with our systems in a way that’s positive.”

FAO: I think it just did…read another example below…

Commerzbank, Other Banks Join UBS And IBM Trade Finance Blockchain

Anna Irrera – Reuters

Commerzbank, Bank of Montreal, Erste Bank,  and CaixaBank have joined an initiative launched by UBS and IBM aimed at building blockchain-based technology to support trade finance transactions.

DNT: The platform is called Batavia and it would help banks and their clients to step further in the digital era.


‘Blockchain Tourists’ Are Making Nothing More Than Science Experiments, Ripple CEO Says

Ryan Browne – CNBC

There are too many blockchain “tourists” using the term as a “buzzword” rather than developing real world use cases, the chief executive of cryptocurrency start-up Ripple has said.

FAO: It’s a free “cryptoverse” (well, excepting China…)…even for “blockchain tourists”…

Greek Court Clears U.S. Extradition Of Russia

Karolina Tagaris – Reuters

A Greek court cleared the way on Wednesday for the extradition to the United States of a Russian, also wanted by Moscow, suspected of laundering billions of dollars in digital currency bitcoin.

FAO: More about the “Vinnik” case at least here and here


Blockchain & ICO Fest ’17 – Istanbul, October 26-27, 2017 – Register HERE


Europol Warns Zcash, Monero And Ether Playing Growing Role In Cybercrime

Rachel Rose O’Leary – CoinDesk

European Union law enforcement agency Europol has for the first time released a cybercrime report examining the growing role of zcash, monero and ether on the darknet.

FAO: …and since we’re here, check out the following article.

Pirates Of The Cryptocurrencies

Nick FitzGerald – Computerworld

Secret browser-based mining for cryptocurrencies is a growing trend.

The New Age Of ICOs Is Here, And It’s Not Based On Ethereum

Mohit Mamoria – TechCrunch

Other news

US Government Misses Out On $600 Million Payday By Selling Dirty Bitcoins Too Early

Evelyn Cheng – CNBC

The U.S. government seized 144,336 bitcoins gained from Silk Road’s illegal activities that were found on Ulbricht’s laptop, Joon H. Kim, the Acting United States Attorney for the Southern District of New York,

FAO: Uh oh…


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

DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News