“Activate sets standards for the purchase, distribution and use of utility tokens. Its “proof-of-use” protocol requires tokens to be usable at or immediately after selling tokens to participants. Activate also requires tokens reach maturity – either decentralization or token functionality – within 28 days of the first token sale.
Activate announced it was going live with SKALE, an ethereum scaling project, as its first partner. SKALE CEO Jack O’Holleran said that after a Dutch auction his token will go live on the ethereum mainnet and tokens will not be able to be transferred for a 90-day proof-of-use period.
SKALE is a proof-of-stake platform designed to boost the scalability of the ethereum blockchain. It will enable dapps to conduct millions of transactions per second at a much lower cost than transactions currently conducted on ethereum. More than 35 dApps are building on SKALE, including games, DeFi, audio streaming platforms and more.“
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“While the terms of the deal currently under discussion are still not set, the merger might happen within the next six months.
Quorum is used as the basis for JPM’s Interbank Information Network, which now has over 365 banks on board.”
“On the heels of new Anti-Money Laundering laws, several German banks are reported to be seeking regulators’ go-ahead to offer digital assets services. As of Jan. 2020, new legislation has permitted banks to extend their offerings.
Germany’s Federal Financial Supervisory Authority (BaFin) is dealing with a cascade of applications from 40 banks seeking to become regulated cryptocurrency custodians.“
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“Vermont regulators will track hemp production on the ethereum mainnet. Beginning in March, farmers and processors will begin putting all associated crop data into the Trace system, which runs on ethereum.
Everyone is deriving value from innate blockchain tech – namely the security that comes with public permissionless blockchain technology.
Vermont’s regulators said this is the first full-scale government registration and licensing system that pairs blockchain with the nascent hemp industry. It is [also] one of the first times a state regulatory agency has decided to run with the ethereum mainnet.“
“Ether will face more volatility than bitcoin over the next six months, according to how options have been priced in recent weeks. The recent spike in the ETH-BTC six-month implied volatility spread shows investors are expecting bigger percentage moves in ether (in either direction) than in bitcoin over the next 180 days.
Volatility has a positive impact on options price. The higher the volatility (uncertainty), the stronger the hedging demand is for both call (bullish bet) and put options (bearish bet).”
“Canada Stablecorp announced Monday it was issuing the “QCAD” stablecoin for “mass market,” including foreign exchange remittances and other financial products. QCAD is being described as both a means of payment and a settlement solution.
The ethereum[-based] ERC20 coin is backed by Canadian dollars and will be issued by Canada Stablecorp and traded on DVeX, Newton, Bitvo, Netcoins and Coinsmart – five Canada-based crypto exchanges. These platforms will be responsible for conducting their own KYC/AML checks in compliance with relevant regulations.“
“Beginning in WWII, Swiss company Crypto AG operated as a seemingly neutral party that developed encrypted communications solutions for over 120 different countries over much of the past century, The Washington Post revealed in a Feb. 11 exposé.
Behind the scenes of the seemingly Swiss company sat CIA and German secret service group BND, the true owners of Crypto AG, monitoring all communications as a hidden third party. The CIA continued the Crypto AG operation until 2018, when technological advancements rendered the endeavor unnecessary.”
“Hedera is set to use Google Cloud to host its public testnets and Hedera Consensus Service ecosystem. As part of its commitment, Google Cloud will operate a Hedera network node.
Hedera has used Google Cloud since the inception of its network, choosing to run its ledger through Google Cloud Platform’s premium product offerings. Now, with Google’s endorsement of Hedera’s using its publicly available software, Google also announced that it has become a member of the Hedera council.“