September 19

“As various parties including co-founder Vitalik Buterin confirmed this week, testing is currently underway to improve network performance and reduce transaction fees. 

Given the current #Ethereum network congestion we have started to test raising the block gas limit to 10M gas.A shift to 10 million gas per block is considerable, and would translate to a total capacity increase of 25%. 

Since Sept. 1, the average Ethereum transaction fee has increased from just over $0.11 to just under $0.39.”


“No countries welcome Libra, but it might be unstoppable anyways. It is very unlikely that one can totally stop people from buying Libra despite rigorous regulations.

Users could circumvent the ban to purchase Libra, he said, citing underground Bitcoin trading in China as an example of how it could work.

He thought that there was only one possibility to stop Libra: ‘If the U.S. bans Libra legally, then Libra will certainly be stopped.‘ As long as the U.S. does not put a legal ban on Libra, and other central banks loosen regulations over time, it is highly likely that Libra will become a dominant international currency, Mu said.”

See Also: Zuckerberg Dines With US Democrats Concerned Over Facebook’s Libra


“Clayton said investors are “sorely mistaken” if they think bitcoin and other cryptocurrencies undergo the same price discovery practices as products on top exchanges like the Nasdaq or New York Stock Exchange.

Clayton said price reports do not indicate thorough price discovery, as he claims major exchanges perform for other financial products. Investor protections built into major exchanges, he continued, are needed in crypto markets before they can be added.

Clayton’s crypto message follows remarks made earlier this month concerning a bitcoin exchange-traded fund (ETF). Clayton claimed there is ‘work left to be done, although progress is being made.'”


Ethereum reveals launch dates for testing Istanbul

“The hard fork for the most popular test network, called Ropsten, is scheduled for October 2. The hard fork for the testnet Görli is scheduled October 30, and for the testnet Rinkeby, November 13.

The Istanbul mainnet fork will go out in two parts. The first update will take place later this year, and the second, sometime in the first quarter of 2020.”


“Zap is launching a dollar-denominated bitcoin buying feature inside its lightning-friendly mobile and desktop wallet.  Mallers managed to make this option without becoming an exchange by operating a backend over-the-counter desk that buys the bitcoin from exchanges on wallet users’ behalf and then places it directly to the users’ personal custody.

The KYC stuff is only pulled in when you want to buy or sell bitcoin. You download [Zap], link it to your debit card. KYC is just email, name and address. Then buy bitcoin, sent to you via lightning, that’s almost instantly spendable.”


“Binance’s new OTC onramp is scheduled to launch next month and only targets Chinese market.”


“MakerDAO’s Dai stablecoin will be implemented on the tron and binance chains in the near future through Loom Network, a Layer 2 scaling solution for the ethereum blockchain. As an ERC-20 token, Dai is part of the ethereum blockchain. Loom believes moving Dai onto other chains will help grow the token.

With interchain asset transfers, we open up some completely new possibilities for things like multichain DeFi.”


“Coinbase is exploring the addition of avalanche, celo, chia, coda, dfinity, filecoin, handshake, kadena, mobilecoin, NEAR, nervos, oasis, orchid, polkadot, solana, spacemesh, and telegram.”


“Investment app provider Abra is to sell cryptocurrency for cash at 6,000 outlets across the Philippines. The expansion comes after the firm inked a deal with local payments company ECPAY to access its network that includes all 7-Eleven stores in the country.

Now Abra users in the Philippines can quickly and easily add pesos into Abra and use that to invest in cryptocurrencies or popular stocks like Google, Amazon, Facebook, etc., which opens up a world of new possibilities to build wealth.”


“Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility at a time of ‘unconventional monetary policies.’ 

Marcel’s opening remarks acknowledged that cryptocurrencies like Bitcoin are already showing disruptive potential and provide some benefits over the legacy system. However, Marcel argues that this new technology can also be adopted by the banking system itself to mitigate its disruptive potential.”


“Dubbed the Industry Marketplace, Iota’s new product is a joint initiative that aims to accelerate industrial automation and commercial machine interaction. The platform deploys basic components such as blockchain, immutable logs, machine-readable contracts and an integrated decentralized identity system.

Serving as a vendor and industry-neutral platform that automates the trade of physical and digital goods and services, the blog claims the Industry Marketplace to be the world’s first autonomous and decentralized virtual marketplace.”


“Former Overstock CEO Patrick Byrne has sold his 13% stake in the firm for $90 million to move to gold and crypto trading.

Byrne explained his choice to trade gold and silver because they are stored outside of the U.S., while it will be safe for him to have the assets stored in Switzerland and some other locations that are out of reach of the ‘Deep State.'”

September 18

“The new exchange, dubbed Bitmax, is now live with trading of five crypto assets: bitcoin (BTC), ethereum (ETH), ripple (XRP), bitcoin cash (BCH) and litecoin (LTC). It can be accessed via the wallet tab on the LINE mobile app and is also integrated with LINE Pay to provide an easier Japanese yen fiat on-ramp process.

LINE said in the announcement it currently has 81 million monthly active users in Japan and 164 million globally.”


Approved by Chancellor Angela Merkel’s cabinet on Wednesday, the strategy sets the government’s priorities in the blockchain space, such as the digital identity, securities and corporate finance. It also sets out that the state won’t tolerate the threat to state money by stablecoins like the Facebook-led Libra.

The government will also work with Germany’s central bank on a form of “digital central bank money,” it adds.

A draft law on digital securities is scheduled to be introduced by the end of this year, according to the document. The new legislation should be “technology-neutral” and, in its first iteration, only relate to digital bonds. If that goes well, digital shares and investment funds on the blockchain will be considered as a next step.”


“Binance’s stance toward Libra seems to have hardened.

Lim said he and his team have been holding conversations with central banks and regulators in developing countries, who he said are concerned that if Libra launches they could lose sovereign authority over their currencies overnight.

Unlike Libra, Venus ensures control over any proposed stablecoin stays with the government issuing it; they decide how to collateralize the coins and how many to mint.  Binance is a technology provider, offering its Bianance Chain to create the coins.

I can say this, in the next three to six months we are moving heavily towards partnerships with governments, central banks, and large corporates.

Venus will give smaller countries ‘the opportunity to break into the global market through cryptos as they are now plugged into a global liquidity pool provided by Binance.'”


“The platform will go live supporting just six cryptocurrencies initially – bitcoin, (BTC), ether (ETH), XRP, bitcoin cash (BCH), litecoin (LTC) and the tether stablecoin (USDT). Binance’s own BNB token is also supported. Notably, Binance’s recently launched dollar-linked stablecoin BUSD is not supported.

Although it is upsetting that we cannot offer Binance.US in the states where I grew up and earned my education at this time, please rest assured that this is just the beginning.

It’s not clear if the new entity will offer a similar protection scheme as Binance, which notably provides the Secure Asset Fund for Users (SAFU).”


“Blockchain startup SpaceChain has won a 60,000 euro grant from the European Space Agency (ESA) to investigate use-cases for their satellite-based blockchain wallet system.

The grant bolsters SpaceChain’s efforts to put a hyper-secure, multi-signature, distributed satellite network in orbit. The company has already flight-tested blockchain nodes in space.

Satellite-based nodes are far more secure than terrestrial networks processing on the open internet. ‘We don’t need internet access to perform this kind of transaction.‘”

See Also: Israeli Startup Creates Offline Crypto Wallet with Online Connectivity


“The project is designed to help the Democratic People’s Republic of Korea (DPRK) evade international sanctions and find a way around ‘the U.S.-dominated global financial system.’

We are still in the very early stages in the creation of the token. Now we are in the phase of studying the goods that will give value to it […] No plans to digitize the [North Korean] won for now.”


“Craig Wright, the Australian entrepreneur who controversially claims he is Satoshi Nakamoto, is moving to settle a case that looks set to cost him billions in bitcoin.

Magistrate Judge Bruce Reinhart ruled in late August that Wright must turn over half of his bitcoin holdings and intellectual property from before 2014 to Kleiman’s estate. During the case, Magistrate Judge Bruce Reinhart did not find Wright to be credible.


“According to the government’s complaint, Nerayoff’s firm was tapped to advise an undisclosed, Seattle-based startup — dubbed “Company 1” in court documents – in July 2017. Nerayoff began demanding larger than contractually agreed-upon ethereum payouts for his help with the company’s initial coin offering (ICO) that coming fall.

Nerayoff’s attorney told CoinDesk that ‘a civil dispute has been improperly distorted into a criminal matter. Mr. Neryaoff looks forward to the truth coming out and clearing his name.'”


“CMCC is launching its Liberty Bitcoin Fund with the ambition to provide digital asset management services in Asia to be on par with Grayscale in the U.S. The latest fund uses ANXONE Custody, a proprietary digital asset safekeeping system with insured wallets provided by custodian BC Group.

There is rising demand for cryptocurrencies as an asset class for traditional funds. As digital assets grow to be perceived as a legitimate investment in portfolios, mutual funds have become one of the most accessible ways to own crypto.”


“The Strategy 2023 document says a new open-source platform for blockchain will be established in Turkey. This initiative will analyze different use cases such as land registration, academic certificates and customs to determine potential public sector applications.

The Ministry of Industry and Technology is also planning to work with Turkish regulators to create a regulatory sandbox for blockchain applications.”

September 17

“According to a filing dated Sept. 17, a proposed rule change to publicly list shares of the VanEckSolidX Bitcoin Trust was withdrawn on Sept. 13. The U.S. Securities and Exchange Commission (SEC) faced a final deadline of Oct. 18 to determine whether to approve or reject what could have been one of the first bitcoin ETFs in the country.

The SEC is still reviewing two other bitcoin ETF proposals. One, filed by Wilshire Phoenix, would include both bitcoin and U.S. Treasury bonds in the Trust, and faces an initial deadline at the end of September, while the other, filed by Bitwise Asset Management with NYSE Arca, will be approved or rejected on Oct. 13.”


Repo rates spike as liquidity on Wall St dries up..

“Unlike the Microsoft-owned GitHub, which requires a quick workaround in order to use smart contracts, Web3 developers will be able to deploy software directly from the Terminal platform. The hub quietly went live over the summer and is undergoing a soft launch this week.

Once that smart contract is actually deployed on the blockchain, it is a live object that lives on one of these decentralized protocols. People need an interface to surface them, view data about them and interact with them. You can’t do that on GitHub.”


“As Bloomberg reported on Sept. 16, JPMorgan Chase is facing an inquiry over the behavior of at least a dozen precious metals traders.  According to investigators, the employees willfully engaged in price-fixing of precious metals on thousands of occasions. 

The irony of the precious metals scandal was thus not lost of crypto commentators. 

They were charged with wire fraud, bank fraud, and market manipulation. But I was told by the CEO that Bitcoin is the fraud.”


“The tech opens up the possibility of “embedded supervision,” – a regulatory framework that allows regulators to automatically monitor a tokenized market by reading its ledger, ‘thus reducing the need for firms to actively collect, verify and deliver data.

However, for that to happen, regulators need to be sure the market data on a distributed ledger is trustworthy.

[Wait for it…]

To address this risk, Auer proposes a design for a ‘distributed and permissioned market in which ‘blocks’ of financial contracts are verified by third parties.‘” 🤣🤦‍♂️


“Dubbed Wells Fargo Digital Cash, the tokenized dollar will be used in a pilot initially for internal settlement across the company’s business.

Wells said its DLT is built on Corda Enterprise. This raises the (at times uncomfortable) question of interoperability since the JPM’s interbank payment system and coin are all built on Quorum, the private version of ethereum the bank has open-sourced.

Regarding JPM Coin, Wells Fargo Digital Cash runs on a proprietary internal DLT network that is not connected to any other digital cash solutions emerging in the financial services market today.”



“With the public network now live, the Hedera treasury is set to begin distributing the system’s HBAR tokens. The first tokens – more than 379 million – will go to investors who participated in a $124 million crowd sale. The balance of the 50 billion supply of HBARs is to be released over the next 15 years by the network’s governing council.

Hedera’s code is patented rather than open-source, a condition the network says it will enforce to deter copying of the codebase or forking. ‘A dapp requires smart contracts and since Hedera is currently throttling 10 transactions per second with smart contracts, then it doesn’t make this any more interesting than ethereum.’

I can’t predict the future of what Hedera will transition to in the future, but moving away from a model that is based on economic and game theory guarantees to a trusted model is a severe reduction in the neutrality model of the system.”


“LiquidApps is building a second-layer solution for EOS that runs on the company’s DAPP token, which has been sold in daily auctions since February 2019. At the end of its 233rd auction cycle on Aug. 19, the DAPP sale had raised just $2.8 million worth of cryptocurrency.

The LiquidApps solution is meant to take pressure off the EOS blockchain’s RAM system, which has gotten bogged down.

If $4 billion was not enough to yield an EOS network that is functioning smoothly, the thing to do is not to seek additional funds for more work in the same vein, but to question what went wrong with the original design of the RAM market in EOS.”


“The developer grant provided by MakerDAO will enable Opolis to process DAI payments, give companies and freelancers the choice to pay and be paid in DAI, and allow for Opolis members to pay their membership fees in DAI.

Maker is looking forward to seeing how Dai can help de-risk this emerging workforce.

Through the MakerDAO collaboration, Opolis will also be able to offer health insurance, cryptocurrency and traditional retirement plans, and tax compliance automation to its members.”

Opolis

September 16: Extra!

Great read! Highly recommended to read in full for any MKR hodl’ers. Such an exciting project!!

“The Dai Savings Rate (DSR) is one of the most anticipated features of Multi-Collateral Dai (MCD). In addition to continuing to provide Dai holders with a stable decentralized currency, MCD will offer an option to earn savings simply by holding Dai.

In Single-Collateral Dai thus far, the lever used to maintain the Dai peg has been the Stability Fee. By targeting Dai generation, this parameter impacts the supply side of Dai.

The DSR, however, offers an alternative tool for Maker governance. Because the DSR will influence Dai holders’ behavior (as opposed to the behavior of CDP owners), Maker governance can affect the demand side of Dai. End users will be incentivized to buy or sell Dai in the open marketplace based on how much additional Dai they may earn through the DSR.

At the accounting level, Dai awarded through the DSR is recorded in the same line item as the one used to record Stability Fees collected. In other words, the Dai created for the DSR is recorded as an offsetting adjustment of Stability Fees collected for the Surplus Auction. If the total amount of Stability Fees collected in Dai does not cover the total amount of Dai minted for the DSR, the difference is recorded as bad debt, and MKR is printed to cover the cost. 

Conceptually, the Stability Fee should be comprised of two components: 1) a collateral-specific risk premium that is a value transfer from CDP owners to MKR holders, and 2) a DSR adjustment that is a value transfer from CDP owners to Dai holders. Essentially, CDP owners compensate the two distinct ecosystem actors: MKR holders for the risk of collateral, and Dai holders for the risk of Dai instability.”


Monolith: Decentralized payments/banking update

“The ERC-1155 token standard provides a way to make one smart contract govern almost an unlimited number of tokens. Additionally, each token is semi-fungible, unlike ERC-721 non-fungible tokens (NFTs), which can only be owned by one address each.

This expands the design space for building game economies and provides efficiency benefits as well.”


“With followers, 3Box enables an open social graph for the entire Ethereum network and all its applications.

Followers, the newest feature from 3Box, allows Ethereum users to curate a public list of profiles — or addresses — that they want to follow, save, or generally keep handy for a variety of reasons.”

September 16

“BitPay, the largest global blockchain payments provider, today announced its customers will soon be able to safely, securely, and compliantly accept Ethereum. Additionally, wallet users will be able to store and use Ethereum in a BitPay wallet and BitPay Prepaid Visa Card holders can top up debit cards. 

As one of the largest crypto currencies by market cap and one used by thousands of companies, Ethereum is the next logical choice.

BitPay’s existing merchants, including Microsoft, Newegg, Dish Networks, FanDuel and Avnet, will be able to turn on support for Ethereum seamlessly without any additional integration.”


“In a Twitter thread on Monday, David Marcus, who co-created Libra, said he wanted to “debunk” that notion – one most notably promoted by France’s Economy and Finance Minister, Bruno Le Maire.

Marcus said that Libra will be ‘backed 1:1 by a basket of strong currencies. This means that for any unit of Libra to exist, there must be the equivalent value in its reserve.’ As such, Libra will not be creating new money. That function will “strictly remain the province of sovereign nations.

His comments come as a group of 26 central banks – including the European Central Bank, the U.S. Federal Reserve and the Bank of England – meets in Switzerland to grill the Libra Association over the scope and design of the project.”

See Also: ECB Official: Stablecoins Pose Risks to Public Policy Priorities

See Also: PayPal: ‘A Lot of Work’ Still Needs to Happen for Libra to Become Real


“The South Korean arm of the Malta-based OKEX exchange announced early on Monday that it is to delist five cryptocurrencies that provide extra privacy features for users. From Oct. 10, the exchange will no longer support trading in Monero (XMR), dash, zcash (ZEC), horizen (ZEN) and super bitcoin (SBTC).

Specifically it cited the “travel rule” recommendation to national regulators from the Financial Action Task Force (FATF) as the reason for pulling the five coins. The global anti-money laundering body gave members 12 months to implement the new recommendations.”


“Focusing on phase zero, Ethereum 2.0’s first stage of development, he said everything was ‘finalized except for things that come up during the security audits. The clients are now talking to each other. The next step is to make sure they can maintain a public network at scale.

When asked about recent developments on privacy technology he said, ‘Zk-SNARKs in general have really made a huge leap of progress over the last three weeks, in a way a lot of people aren’t realizing.’ He pointed to Plonk, a new way to create zero-knowledge proofs, set to be rolled out by Aztec Protocol.

He went on to suggest that DeFi could offer a way of preventing blockchain founders from raising a ton of money and disappearing. “Public interest projects” where users stake a portion of their coins, use the interest generated of the staked coins to raise funds that could be used to build projects. It’s like a DeF-ICO. ‘This could really mitigate a lot of concerns of fraud we’ve had in the ICO space.'”


🤔

“Following a three-year $34 million NBA contract extension, Dinwiddie is reportedly going to sell digital tokens tied to the contract, wherein investors in the offering would receive principal and interest.”


“The startup has created tokens on the ethereum blockchain representing the shares of four real estate funds worth $100 million.

The move is intended to make these private securities easier to trade for the 1,100 investors that hold them, along with 17 broker-dealers and placement agents that work with the funds’ manager. ‘What we’re hoping to do is increase access.'”

See Also: Queensland’s Real Estate Institute to Launch Blockchain Tenancy Platform


“The draft Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019 has proposed a 10-year prison sentence for anyone who ‘mines, generates, holds, sells, transfers, disposes of, issues or deals in cryptocurrencies.’

The severity of the proposed penalty and the extreme position reflected in the document — whether or not and in what form it eventually becomes national law — is already prompting local crypto businesses to take pre-emptive measures to protect themselves. 

As a country largely reliant on the services sector, India will lose its edge as a technological power if the ban on crypto is enforced. Shunning this industry will mean massive job losses and a brain drain […] Crypto is predicted to be a $10 trillion industry in the next five years, and if we are to achieve our Prime Minister’s goal being a $5 trillion economy, then crypto is integral to that vision.


“CZ initially warned that the exchange’s futures were under attack from one of its own market makers. The perpetrator allegedly crashed the BTC/USD order book from $10,324 to $10,024, in what Zhao said was the second such attempt at an attack. 

The attack turned out to be a false alarm, originating from a technical error on the market maker side.  ‘Only the attacker lost a bunch of money, and that was that.'”

September 15

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.”

See Also: Kaleido’s Enterprise Clients Can Now Transfer Tokens In Complete Privacy


“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.”

September 14

Good read.

“While Bitcoin and Ethereum are backed by similar economic concepts, their networks have different capabilities. I mentioned already that Bitcoin is mono-asset while Ethereum is poly-asset, but they’re also different when it comes to the money verbs.

The world of BTC is one of central bank diminishment but not private bank diminishment. BTC as the base money and a new breed of crypto banks providing banking services on top. In this world Bitcoin’s scarcity meme propagates until even the central banks require BTC in their vaults to bolster confidence in their failing state-run currencies.

This is a partially bankless world.

The vision of Ethereum grants a more ambitious possibility. We can disrupt the central banks yes, but we can also replace private banks with protocols. We can turn all bank functions into code.

A world where all banks become code is a wilder proposition—but with more upside.

It’s no secret that I’m hoping we achieve the second vision. Not least because I believe the first vision is fragile. It can easily collapse into the system we have today, just as the gold standard collapsed. Banks consolidate. They capture.

See Also: How to dollar-cost average into crypto


“ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of ‘creating practical, scalable and trustless cryptographic proving‘ techniques, which claims to end a 10-year-long pursuit by the cryptography communities.

Sean’s discovery involves ‘nested amortization’ — repeatedly collapsing multiple instances of hard problems together over cycles of elliptic curves so that computational proofs can be used to reason about themselves efficiently, which eliminates the need for a trusted setup.

The strategy of Halo reportedly holds the potential of compressing limitless amounts of computation, creating auditable distributed systems, building highly scalable blockchains and protecting privacy.”

See Also: You Can Now Prove a Whole Blockchain With One Math Problem – Really


Crypto surveillance companies: ‘scum of the earth’

“Coinbase Pro will start accepting DASH deposits starting Monday prior to enabling full trading.

The post explains that while DASH is a cryptocurrency optimized for payments with optional speed and privacy features, the trading platform will not support them ‘at this time.'”

September 13

“The head of the nonprofit organization behind Facebook’s Libra digital currency has said the company is committed to launching it and clearing regulatory hurdles.

Bertrand Perez, director general of the Libra Association, said the token should appear in the second half of 2020.”

See Also: Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability


Well this escalated quickly.

“French Finance Minister Bruno Le Maire has said that Europe should consider its own “public digital currency” that could challenge Facebook’s Libra.

Le Maire told reporters that he would be discussing the potential for a European public digital currency with his counterparts on the continent next month.”


Up to now, the economy has done a great job in countering crises and inflation with measures taken by central banks. Once a digital currency provider dominates the market, it will be quite difficult for competitors.

The report, however, notes that in its blockchain strategy the federal government envisions the development of a state-run digital currency.”


“KyberSwap, a non-custodial exchange built on Ethereum has become one of the first non-custodial exchanges (DEX) to roll out a fiat-to-crypto gateway.

The gateway has been launched in partnership with MakerDAO-backed crypto startup Coindirect. The move will allow of the KyberSwap’s users to purchase cryptocurrencies directly with fiat currencies.”

See More: Buy Crypto with Fiat at KyberSwap


“CF Benchmarks has become the first cryptocurrency index provider to be recognized as a Benchmark Administrator under the European Benchmarks Regulation, affirming that financial institutions can use the company’s indices in any European financial products after the BMR takes full effect on Jan. 1, 2020. This marks a first for cryptocurrency companies in the EU.”


“The first of these derivatives will be ‘physically-deliverable, margined bitcoin swaps available for institutional investors, brokers and other eligible contract participants.’

It’s now waiting for approval from the Commodity Futures Trading Commission before it can move to a launch. The firm has previously said it will add instruments for other cryptocurrencies later.”

September 12: Extra!

All Seven Ethereum 2.0 Clients Successfully Sync!


“With these changes, Ethereum will unlock new possibilities around random beacons, private token transfers, private computations, and cross-chain interoperability with Zcash.

Reducing the costs of these precompiles allows for more advanced zero-knowledge proofs to be used within smart contracts. This, in turn, will make it easier to deploy scaling solutions and privacy solutions to Ethereum. For AZTEC, it brings the gas costs of private token transfers down to a level that is comparable to regular ERC20 token transfers.

I’m excited about the potential of enabling developers and users to combine the programmability of Ethereum with the unparalleled privacy of Zcash.”

See Also: Chainlink: How “Mixicles” can change the game for smart contract privacy

See Also: Salad: Coin-Mixing with Enigma


“So you’ve created a cool new Ethereum dapp, and your first users are ready to try it out! But first they’ll need an Ethereum wallet. And some ETH. They’ll need some way to make their browser Ethereum-compatible.

Universal Login solves these problems.”

Watch



“You can start a company, a membership, or a reputation-based organization in a few clicks.

Aragon is built to be modular, since the organizations of the future are not limited to just a handful of corporate structures.”

Watch



Crypto is more than HOLD

Some valuable opportunities and insights for leveling up your DeFi game highlighted on this week’s ‘Market Monday.’

Crypto is more than Hold. It’s Lend, Borrow, Stake, Invest, Spend, Earn, Trade, and Bet too—a complete money system. One with less banks and more sovereignty.