8 May

“Jones’ Tudor BVI Global Fund has been authorized to hold as much as ‘a low single-digit percentage exposure percentage‘ of its assets in bitcoin futures. The firm manages $38 billion.

A low-single-digit percentage of Tudor Investment Corp.’s assets invested in bitcoin futures would be equivalent to nearly all open interest in CME bitcoin futures contracts at the time of publication.

Unprecedented central bank monetary policy amid the coronavirus crisis is a primary reason for Jones’ interest in bitcoin. What he referred to as the ongoing “Great Monetary Inflation” left him, a market veteran, speechless. It’s an ‘unprecedented expansion of every form of money unlike anything the developed world has ever seen,’ Jones wrote to his clients.

But Jones sees the the most compelling argument for investing in Bitcoin as ‘the coming digitization of currency everywhere, accelerated by Covid-19.'”

See Also: Bitcoin Breaches $10K for First Time Since February

“Schlesi is the first multi-client testnet for Eth 2.0’s beacon chain with the intention to show that ‘clients are ready to support a potential beacon-chain mainnet.’ The launch of the beacon chain is the first tangible application of Eth 2.0 under the title “Phase 0.”

As of April 27, two teams – the Lighthouse client from developer Sigma Prime and Prysm from Prysmatic Labs – have synced and are actively validating the network. Nimbus, a mobile client version of Eth 2.0 for use in small hardware devices, and PegaSys’s Teku have also successfully synced with the network. Eight teams are currently working on Eth 2.0 clients.

See Also: Eth2 Quick Update #11
See Also: Ethereal Summit: Day 1 (Video)

“The standard, called IVMS101, defines a uniform model for data that must be exchanged by virtual asset service providers (VASPs) alongside cryptocurrency transactions. The standard will identify the pseudonymous senders and receivers of crypto payments.

Getting industry players to agree upon an interoperable data standard is a significant step towards a more regulated crypto space. The standard messaging format now needs to be incorporated into the various solutions being built by VASPs to meet Travel Rule requirements.”

“Called Free TON, the fork comes after the group decided not to wait until Telegram is able clear the regulatory hurdles it faces before it can officially send TON live. To distinguish itself from the original TON project, this forked version is named Free TON, and its tokens are called “ton crystals,” not “grams.”

Telegram was not involved in the launch. ‘It’s an independent launch of the open-source software. The network must not be censored, it must go to the world.’

As a fork of TON, Free TON will have nothing to do with Telegram’s obligation to distribute tokens to investors in its $1.7 billion token sale.It’s also very cool to launch a network with just validators and developers and having the vast majority of tokens controlled by a community pool, as opposed to investors. It’s a great experiment.‘”

See Also: Telegram Founder Bashes US as a ‘Police State’ Amid Free TON Launch

Is This The End Of The System? (Good Watch)

“The CoinDesk 50 is our selection of the most innovative, consequential and viable projects. Together, these organizations promise another internet revolution.

Today, we reveal the first 10 names.”

See Also: Cosmos and the Dream of Anti-Maximalism

“A Chainlink (Link) node provider is launching an “unstoppable” domain with oracalized crypto price feeds.

Vulcan Link is placing Chainlink’s crypto price feeds on a “.crypto” domain. The domains are sold by Unstoppable Domains and reside on the Ethereum blockchain which should make them censorship-resistant.

“Justin Sun’s Tron platform, which maintains the Tron blockchain, has received US government aid of more than $2 million in coronavirus relief.

On Twitter the news was greeted with outrage.

Many US businesses have so far encountered roadblocks getting federal assistance, and some questioned the grounds for awarding Tron emergency funding.”

“The Filecoin Foundation is inviting anyone to join its “mission to improve the internet.” The new program is called Filecoin Discover, and it is seeding the file storage network early with what Filecoin calls “verified datasets.”

This data will be delivered to future miners physically, on eight-terabyte hard drives, with instructions on how to link the devices to the Filecoin system, which should go live this year.

Each hard drive will cost $265 but presumably future Filecoin miners expect storing that much data will ultimately be worth the upfront cost in fiat.”