Friday, August 24, 2018

CryptoWeekly #69

CRYPTO WEEKLY
August 24, 2018 | #69
THE MARKETS
  • BTC: $6,515.15 | -$72.53 (-1.1%) since last week
  • ETH: $272.21 | -$47.87 (-14.96%) since last week
  • LTC: $56.07 | -$6.06 (-9.75%) since last week
Buy & Sell Cool Crypto Domain Names
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GOOD READS

With the price of Bitcoin sinking, miners are just digging deeper
Even though the price of Bitcoin has declined markedly this year, it hasn't affected mining activity all that much. Miners remain as active as ever, prompting speculation that the "break-even" point for Bitcoin still hasn't been reached.

Serverless and Blockchain: an interview with Coinbase's VP of Engineering
This enlightening interview with Coinbase VP Tim Wagner explains how the company is developing true cloud-based serverless solutions for the blockchain industry, and why it should matter to the entire world of tech.​

Take a look inside Coindesk's quietly profitable media business
CoinDesk has already generated $20M in revenue this year, and unlike many crypto-related companies, it's already profitable. Three years ago, the business was sold for $300K, but it's quickly turned into a go-to source for crypto news and insights.

Bitcoin's energy usage is huge – and we can't afford to ignore it
According to recent research from The Guardian, Bitcoin mining now uses as much CO2 each year as 1 million transatlantic flights. That makes it a force to be reckoned with on the energy front - and too many aren't looking for solutions.

After the Bitcoin boom, crypto investors are learning some hard lessons
Last year saw millions pour huge amounts of capital into the crypto markets, but this year's downturn has dealt a hard dose of reality to many - but despite the negative financial impact, there are some great investing lessons to be learned here.

The entire world is cracking down on Bitcoin - except for Japan
In an era of tightening regulations and broadening crackdowns on crypto, Japan continues to stand out as the sole leader in the space from a governmental perspective, and its light-touch approach to regulation has ignited a new wave of innovation in the country.

Venezuela has officially devalued the Bolivar and pegged it to its petro-backed cryptocurrency
In another first for crypto, the South American nation has devalued its currency by 95% and pegged it to the Petro, the government's oil-backed cryptocurrency in a bid to stave off hyperinflation yet again. 

Here's what happens if you buy and hold 31 cryptocurrencies for one year
Software engineer Brett McLain ran a "buy and hold" experiment for 52 weeks, buying 31 cryptocurrencies and measuring their performance over the course of a year. This post outlines the intriguing results of his study.

On crypto strategy, and the arbitrage of time
Amid the wild dips and spikes in the crypto markets, the importance of time as an overriding factor in investment decisions has largely been forgotten. According to this piece, too many focus on the value of movement over the value of assets - and that's not a good thing.

Diving deep into EVM: here's how Ethereum works backstage
This deep-dive is a thorough explanation of how EVM (the Ethereum Virtual Machine layer) works from a technical perspective, and why it's critical to the network's ability to scale effectively in the long-term.
COMMUNITY NEWS
  • The SEC has just denied 9 more pitches for crypto ETFs this week. Link
  • Meet Blockfuse, the platform that makes Bitcoin app development dead simple. Link
  • China is cracking down on WeChat accounts peddling crypto news. Link
  • A 21 year-old California crypto dealer has just been charged with financial crimes. Link
  • China has officially banned all cryptocurrency-related events. Link
  • Apple co-founder Steve Wozniak has reportedly joined crypto startup Equi. Link
  • SFOX has just raised an additional $22M in funding to build out its platform. Link
  • Binance is hiring a remote Quantitative Analyst. Link
  • Announcing the launch of the Universal Protocol Alliance. Link
  • The World Bank is about to settle a blockchain bond worth $73M. Link
  • Join Coinvention in Philadelphia on August 30th. Link
  • We just added 14 new crypto companies, 145 new ICOs and 3 new exchanges to CryptoList. Link
Check out our other projects: CryptoList | CryptoFirst | Crypto100 | LamboIndex

Edited by Chris Osborne in Barcelona (in town? reach out to get a coffee). Reply to this email with feedback and/or suggestions.

Nothing shared or published by CryptoWeekly constitutes an investment recommendation, nor should any data or content published by CryptoWeekly be relied upon for any investment activities. CryptoWeekly strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.

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