Wednesday, July 25, 2018

Coinbase Investigation / Robinhood Competitor / Auger / Loans

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Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms:

$BTC (1:50 p.m. EST): $8,120.90 (-1.15%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More

$BCH (1:50 p.m. EST): $831.73 (-2.45%) // 90-day high: $1,786.80// 90-day low: $608.37 // More

$ETH (1:51 p.m. EST): $471.01 (-0.80%) // 90-day high: $831.65 // 90-day low: $365.43 // More

$LTC (1:51 p.m. EST): $86.72 (-1.01%) // 90-day high: $251.03 // 90-day low: $73.12 // More

$XRP (1:51 p.m. EST): $0.46 (2.03%) // 90-day high: $1.20 // 90-day low: $0.43 // More

Here are the 10 most important stories about bitcoin and cryptocurrencies today

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1. Coinbase has found no evidence of improper employee trading of bitcoin cash. The company began the investigation last December, following a price spike of bitcoin cash, hours before Coinbase announced it would add the coin to its platform. Cryptocurrencies have traditionally seen a price spike when Coinbase announces it will list coins. Since the bitcoin cash jump happened before the announcement, there was speculation that Coinbase employees acted on inside information. Coinbase's investigation claims that is not the case. -FORTUNE

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2. Startup trading app Voyager announced plans to offer no-fee trades of at 15 different cryptocurrencies, including bitcoin and ethereum. The trading platform will aggregate cryptocurrency prices from more than a dozen trading venues, allowing customers to buy and sell digital coins at the best available value. Voyager will compete directly with Robinhood, which began offering no-fee cryptocurrency trades earlier this year. -FORTUNE

Voyager app to offer no-fee trades
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3. The Auger protocol on the ethereum network has already gotten weird. The program, which allows users to create and place bets on anything they like, has seen the appearance of an "assassination market" where users try to predict when someone famous will die. In particular, bets that United States President Donald Trump will survive 2018 have popped up. -MASHABLE

Auger protocol begins accepting odd bets
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4. Crypto-asset backed loans have become more popular. These companies lend money to cryptocurrency holders, who do not want to sell their holdings but also do not want so much their assets tied up in cryptocurrency. Some of the most popular services are Lendingblock, CoinLoan, Nexo, and Credissimo. One company, BlockFi, launched earlier this year with $1.5 million in funding and earlier this week announced a $52.5 million investment from Galaxy Digital Ventures. –TECH CRUNCH

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5. Citizens in China have used blockchain to share a censored story about faulty vaccines given to babies. The country's internet monitors have blocked the investigative story from traditional platforms. Blockchain developers, though, have stuck the piece in the metadata of cryptocurrency transactions, allowing for more people to read the story. –THE VERGE

Chinese citizens use blockchain to distribute article
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6. Coinbase will use digital gift cards in an effort to expand its footprint in Europe. The company will partner with London-based WeGift to allow customers to cash out cryptocurrency in the form of gift cards with retailers like Amazon and Nike. The service will initially be available to customers in the United Kingdom, Spain, France, Italy, the Netherlands and Australia. -FORBES

7. CoinDesk has released its quarterly state of the blockchain report. It provides more than 100 slide analysis of industry news and data. -COINDESK

8. A baby in Tanzania is the first to have his birth recorded on blockchain. The birth was recorded as part of a joint effort between AID:Tech and PharmAccess to track aid and support to vulnerable women. -FORBES

9. Wanchain has demonstrated interoperability with ethereum's blockchain. Wanchain pegs itself as the world's first and only interoperable blockchain with secure multi-party computing. –CRYPTO BRIEFING

10. Mashable takes a look at the race to become the next blockchain. The battle includes billions of dollars being poured into decentralized apps. -MASHABLE

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From the Forums

A visualization of the Lightning Network.

Bitmain talks hashrate.

Discussing the Coinbase investigation.

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