March 5

“Today, EY and ConsenSys announced the formation of the Baseline Protocol in collaboration with Microsoft. The Baseline Protocol is an open source initiative that combines advances in cryptography, messaging, and blockchain to deliver secure and private business processes at low cost via the public Ethereum Mainnet.

The protocol will support tokenization and decentralized financial services on the Mainnet in a way that doesn’t reveal corporate assets or activities to unauthorized parties, and it leaves enterprise data safely in traditional systems. The Baseline Protocol presents significant commercial opportunities for solutions firms, enterprise systems vendors, and Cloud providers.

For the Ethereum Mainnet we are imbuing enterprise cloud scale principles in the solution without compromising information security. Baseline is helping to create an opportunity for compelling solutions that can drive new value for enterprises while extending the value of the products our customers and partners have been using for years.”

See Also: Unibright + Baseline Protocol (Video)

“According to a Mar. 3 report issued by Bloomberg, both crypto and state-issued currencies will be available on the company’s digital wallet, Calibra. Facebook will now offer government-issued currencies like dollars and euros. The move appears to be a way to appease reluctant regulators and gain additional support for the plan.

Facebook is hoping to release both Calibra and Libra at the same time, tentatively in October. Calibra will allow users to send and receive money — now in fiat currency — and make purchases.”

The Supreme Court of India has ruled against a decision imposed by the country’s central bank nearly two years ago that stifled crypto trading in Asia’s third-largest economy.

The central bank’s decision at the time forced crypto exchanges in the country to either close, relocate to other jurisdictions or shift their business model to crypto-to-crypto and over-the-counter trading.

The uplifting of the ban by Supreme Court is going to open new opportunities for India in terms of investments, economy and a market as a whole.”

See Also: After Court Victory, Indian Exchanges Gear Up for Crypto Trading Surge
See Also: Chinese Province Sees First Official Blockchain Zone

The product will work on Samsung SDS’ Nexledger Universal platform, the proprietary blockchain first unveiled in 2017. Samsung SDS changed its articles of association in February to include e-finance as one of its main business areas.

Together with Credorax, which specializes in payments solutions, Samsung SDS will try to expand its business in the European sectors that seek digital transformation.”

“The partnership makes it possible to buy Dai with the credit and debit cards of Simplex’s partner firms. Simplex is a European Union-licensed financial institution with over 100 partners that support 13 different cryptocurrencies and 19 different fiat currencies.

Simplex is becoming a global multi currency on-ramp network.”

“HTC has launched a new router that can connect devices to 5G networks while supporting the bitcoin blockchain at the same time.

HTC says the hub allows users to own their crypto keys through its Zion Vault. The ability to run a bitcoin node also comes through Zion, alongside a means of key recovery if users lose their devices.

The firm added it plans to add support for several privacy-focused apps on all Exodus devices, including ProtonMail’s encrypted email service, the Brave browser and Incognito VPN.”

“DREAM Fan Shares (DFS) announced Tuesday it has brought in New York-based Tritaurian Capital, a FINRA-registered investment bank and broker-dealer providing specialized private placement expertise, to help facilitate the company’s inaugural offering in securities linked to athletes’ earnings.

DFS will offer ethereum-based tokens linked to shares in the contracts, beginning presumably with Dinwiddie’s. The NBA player has previously said he wants to tokenize his three-year contract, worth a total of $34.5 million, and sell to investors for a lump sum.”

From time to time, Huobi stakes user holdings to help block malicious activities and attacks on blockchain networks. Our policy of staking voting rights (when deemed necessary to protect our users) was adopted to ensure the welfare of the broader crypto ecosystem.

“Today, we proudly announce the next step for the Ledger Live manager, with new features to build upon its ease-of-use and enhance your Ledger experience.”