Welcome to the big leagues.
“On Sept. 16, Libra representatives will meet with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank of International Settlements (BIS). Officials from the European Central Bank (ECB) and 25 global central banks will meet with Libra to assess the financial stability risks of the project.
The CPMI, a BIS international standard setter and a member of the Financial Stability Board, consists of 28 member banks, including the Bank of England, Deutsche Bundesbank and the Federal Reserve Bank of New York.
The event will be the first major encounter between Libra’s founders and global policymakers.”
“Deutsche Bank, has joined JPMorgan’s blockchain-based network, the Interbank Information Network (IIN).
The JPMorgan-led blockchain initiative now has a network of 320 banks that have entered the platform to swap global payments data using the Ethereum network. The head of payments at JPMorgan, expressed hope that Deutsche Bank will be the first of several other large banks to join IIN.
JPMorgan is expecting to pilot its own cryptocurrency JPM Coin by the end of 2019.”
“The Codefi software suite could be compared to Twilio or Stripe, serving businesses that need to process payment data.
As ConsenSys has matured, it’s finding its business model. This is us putting a flag in the ground about what we want to be doing in the market.
Lubin described DeFi systems like MakerDAO and Uniswap as some of the industry’s most important developments. ‘The strategy here is to accelerate the growth of the DeFi ecosystem.'”
Decentraland starting to take shape!
“Although the blockchain-based virtual world Decentraland is still in closed beta, with countless users impatiently waiting for their chance to be admitted, the first casino has already opened! So this evening I decided to pay a visit, take some photos, and even play the slots!”
“The multi-party computation ceremony is meant ‘to generate a set of encrypted points which will be used to derive all future Aztec notes.’ The process will build an open source “reference string” that the company believes will be used by both Aztec and future cryptosystems.
These include universal SNARKs, which will enable an almost limitless range of uses – from fully decentralised private banking to anonymous voting systems.”
“Aventus Network announced the release of Aventus Classic, a fully decentralized open-source Ethereum-based ticketing protocol designed to stop fraud and provide more transparency to the event ticketing industry.
Last year, global ticketing giant Ticketmaster acquired blockchain-focused live events firm Upgraded to tackle issues in the event ticketing industry.”
“AirSwap’s development team found a vulnerability in a new smart contract, which has already been reverted to an older version in under 24 hours after the discovery.
The exploit in question could have allowed an attacker to perform a swap without requiring a signature from a counterparty under certain conditions. The scope of the vulnerability is reportedly limited, [affecting just nine addresses].”
“Browser extensions impose major risks.
Extensions can gather a wealth of data, which can be leaked, stolen, and used by scammers. [They] can also alter a receiving address when you’re trying to send your crypto.”