Blockchain & Crypto News Flash: 09-05-2019
The latest blockchain & crypto articles - algorithmically curated, ranked, and summarized just for you.
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- To implement blockchain into the corporate business flow, there are plenty of blockchain agencies with extensive experience, knowledge of technical aspects, and expertise in specific blockchain ledgers.
- Consensys solutions lead companies (i.e., Forbes Global 2000 companies), nonprofits, banks, startups, and governments across industries in the building, testing, and deployment of private and public blockchain solutions.
- The work of Consensus Academy is directed toward revolutionizing education through blockchain technology, teaching executives about blockchain application in business processes, and training developers to become experts.
- PixelPlex blockchain development agency has been in the market since 2007, helping all types of companies with the delivery of software and blockchain solutions.
- With full-stack of technology, agile methodology, and solid knowledge in the blockchain space, the DebutInfotech team of expert developers has completed 15+ blockchain projects.
- For more than a year, investment management firms have been pushing for a bitcoin exchange-traded fund (ETF), a financial vehicle which would allow retail customers to purchase the cryptocurrency through stock brokerage accounts.
- It could enhance price discovery and liquidity, potentially erasing premiums paid for bitcoin managed by third parties like Grayscale, a digital currency investment firm.
- To sidestep the problem, Van Eck Securities and SolidX Management (companies that have advocated for a bitcoin ETF) partnered to create another bitcoin-linked financial vehicle.
- While the VanEck-SolidX Bitcoin Trust remains a long way from mainstream investors, the fund’s creators remain hopeful it will highlight the potential for a bitcoin ETF.
- The product could “pave the way for institutional bitcoin adoption” Gabor Gurbacs, VanEck’s director of digital assets strategy, told CoinDesk.
- Three years ago Elliptic’s first blockchain analytics product had 10-20 Bitcoin companies as customers.
- That’s now up to 100+ crypto businesses and financial institutions using its products to shrink their risk of financial crime when dealing with crypto-assets.
- Elliptic’s PR name-drops the likes of Facebook’s Libra cryptocurrency, Line Corporation’s LINK and central bank digital currencies, as markers of a rise in mainstream attention on crypto assets.
- While Elliptic’s business is focused on reducing the risk for other businesses of inadvertently transacting with criminals using crypto to launder money or otherwise shift assets under the legal radar, the proportion of transactions that such illicit activity represents in the Bitcoin space represents a tiny fraction of overall transactions.
- This represents a very small share of all Bitcoin activity — less than 0.5% of Bitcoin payments over this period,” says Smith.
- The cryptocurrency, called the Pac, will allow fans to buy merchandise and interact with Pacquiao, the 40-year old boxer, Filipino Senator, and former basketball player, via social media.
- Unlike other cryptocurrencies such as Bitcoin, the value of the Pac is touted as being backed by demand from Pacquiao's fan base for his merchandise.
- The Pac token will be listed on the Global Crypto Offering Exchange (GCOX), a crypto-exchange based in Singapore that specialises in developing celebrity tokens.
- Previous celebrity-backed cryptocurrency ventures have been unsuccessful so far, with boxer Floyd Mayweather and music producer DJ Khaled being charged last year by the US Securities and Exchange Commission (SEC) for failing to disclose that they were paid to promote a cryptocurrency called CentraCoin.
- Facebook's history of mishandling data has come back to haunt it as the privacy and regulatory community team up to probe the social media giant on Libra.
- Blockchains and the crypto startups building on them need to address and mitigate a multitude of so far unquantifiable questions and risks.
- Most of what constituted best practices and thought leadership in crypto 18 months ago is becoming rapidly outdated, and with the benefit of hindsight will look wildly misguided in another 18 months.
- This bizarre economic suspension of disbelief confuses consumers and economists, and continues steering many crypto startups towards a model that assumes that being listed on a centralized exchange is the goal.
- In recent weeks, a small handful of the more prominent crypto VCs have publicly offered takes which will look embarrassingly off the mark in the not too distant future.
- While I am definitely not an expert on the Lightning Network (LN), I am regularly in touch with a number of LN startups and developers.
- The altcoin market is currently in crisis mode, with most of the various individual crypto assets outside of Bitcoin reaching new yearly lows, and in general, bleeding out all remaining value generated during the 2017 crypto hype bubble.
- Crypto investors are capitulating, but many are still hopeful that one day the altcoins they hold will bounce back, and alt season will repeat like the last bull run, and everything will be happy in the crypto space once again.
- Analysts suggest that not only will the current slate of altcoins never rebound to where they once were, but that the next wave of altcoins will be privy to the next crypto boom, while the others fade into oblivion.
- After holding through the bear market, most altcoin holders expected some relief from the devastation, especially while watching Bitcoin start the beginning of its next bull run.
- The crypto market is largely driven on hype, and new altcoins could easily earn more hype and support than the current roster of altcoins that have – for the most part – brought investors and holders little more than losses, grief, and a lack of faith in the asset class outside of Bitcoin.
- With this partnership, Tokoin becomes one of the DApps which would be a part of Bifrost’s ecosystem and leverage on the advantages that their platform provides.
- Today, DApp developers have a plethora of blockchains to choose from when it comes to deploying their applications, and more blockchain protocols are being developed every day.
- Different blockchains have different strengths, but till date, there is no single blockchain which has been able to solve the conflicting requirements of DApps!.
- In a world full of DApps and blockchain protocols, Bifrost believes that bridging the gap between the two is necessary for the holistic development of the blockchain environment.
- When an MSME approaches a bank for a loan, the bank would be able to analyze its trust score on our blockchain platform as a substitute to credit history.
- Last year, we passed the Sovereign Currency Act, declaring our intention to issue a new currency, the Marshallese sovereign (SOV), which we will use alongside the dollar.
- Issuing a currency is of course the prerogative of any sovereign nation, but what is unprecedented is that we have chosen to issue our sovereign currency using blockchain technology.
- That the currency would be based on blockchain technology – this is vital for us in the Marshall Islands, for reasons I will outline below.
- Relying on traditional fiat currency, the Marshall Islands has only fragile links to the wider world of international finance, and compliance is extremely resource intensive.
- It may seem surprising that the Republic of the Marshall Islands would be issuing a currency based on blockchain technology, but actually it’s just the opposite.
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