11 December

“The number of developers in crypto is ticking up again. And one network remains a clear winner in terms of attractiveness to coders.

More than 300 new developers per month are joining Ethereum. Ethereum has continuously grown through Crypto Winter.

Electric’s report shows Ethereum so far out in front that second place is almost misleading. Almost 2,300 average monthly developers worked on Ethereum across the third quarter of 2020, with Bitcoin in second at a bit under 400.

We’ve seen a professionalization of grant funds.’ This means that well-resourced layer one projects are eager to support promising devs.”

“The blockchain application used was developed in-house by the bank’s blockchain business arm, Onyx, and is said to support the settlement and maturity of such transactions in hours rather than days. The trade also used the bank’s stablecoin jpm coin for the cash leg.

The blockchain app will see production use, being offered to external counterparties in the U.S. Goldman Sachs and BNY Mellon have both been involved in trial trades on the platform and will be involved going forward.

Global head of digital assets at Goldman Sachs, said his institution is ‘looking forward to going live in early 2021.'”

“Four fiat currencies (SGD, USD, HKD, JPY) will be tradable against four of the most established cryptocurrencies covering 70%-80% of the market, namely bitcoin, ether, bitcoin cash and XRP. It will also provide tokenization of securities and other assets, as well as bank-grade custody for digital assets.

The security token offering part of the digital exchange will comprise a regulated platform for the issuance and trading of digital tokens backed by financial assets, such as shares in unlisted companies, bonds and private equity funds.

You can tokenize anything, you can tokenize a painting. But for now, we will be concentrating on financial assets.”

“The twin plays give MassMutual direct exposure to the cryptocurrency’s price swings and signal it’s betting that other big fish will follow suit. NYDIG is one of the fastest-growing institutional crypto shops with $2.3 billion under management.

Coming from a 169-year-old insurance institution in the business of measuring risk it could wield an outsize influence on bitcoin’s perception among mainstream investors.”

“Curv’s customers are professional traders who want to use protocols to lend, stake and trade.

You get all of the enterprise controls, security level and audit trail that you would get from Curv, but with MetaMask in one click you get integration with all of the DeFi protocols.

Curv is a custody startup that specializes in multi-party computation, and the company chose to integrate with MetaMask after building an integration with lending protocol Compound in July of this year. Creating products for institutional customers to have access to DeFi protocols is a burgeoning market.”

See Also: YIELD Raises $4.9M in Bid to Simplify DeFi
See Also: S&P, State Street Back $15M Investment in Crypto Data Startup Lukka

“The pandemic emergency purchase program (PEPP) will increase by €500 billion to €1.85 trillion (US$2.2 trillion), and the horizon for net purchases was extended to March 2022.

The governing council will conduct net purchases until it judges that the coronavirus crisis phase is over.”

“Retro gaming company Atari has partnered with Enjin to enable developers to create Enjin-powered games using its brand and IP. The deal, which includes Atari IPs such as Pong, Breakout and Asteroids, will begin with a range of sports games that will go live in 2021.

The company is providing a standard licensing agreement, enabling anyone to build an Atari game—and leverage its strong brand name.

We’re going to create an ecosystem on the blockchain.”

The World Economic Forum (WEF) is designing a global governance framework for the ethical collection and sharing of data.

WEF’s Data for Common Purpose Initiative (DCPI) is the first of its kind and aims to ‘responsibly enhance the societal benefit from data‘ by creating guidelines to ensure governments and researchers can more readily rely on data for making decisions.

One goal of the initiative is to enable differentiated permissioning of the same data for varied purposes. This means people would be able to set permissions around how their data can be used.

User data will automatically be encrypted, anonymized and transmitted along with digital rights management rules to ensure that the data cannot be used for other purposes.”

See Also: Chainlink, World Economic Forum Want to Standardize Crypto Oracles

“The crypto-friendly regulator took office last year, and has overseen an expansion of regulated crypto products in the derivatives space, including ether futures contracts and bitcoin options products. In a public statement, he noted that ether was declared a commodity under his tenure.

Tarbert has said in various public statements that he sees the potential for much of the financial system to build on top of blockchain platforms, like Ethereum.”

“SpaceChain said Thursday it will use the funding to develop a ‘decentralized satellite infrastructure with blockchain payload‘ at its core to allow direct tasking of a satellite in real time.

The planned blockchain-powered mesh network of low-earth orbit satellites would ‘democratize access to the nascent space sector with lower barriers to entry by individual companies,’ according to the firm.”