CryptoWeekly #58

The best cryptocurrency news, guides and resources.

CRYPTO WEEKLY June 26, 2018 | #58 THE MARKETS BTC: $6,169.54 | -$435.55 (-6.52%) since last week ETH: $437.50 | -$83.39 (-16.39%) since last week LTC: $78.76 | -$17.81 (-17.46%) since last week Buy & Sell Cool Crypto Domain Names BrandBucket is ecommerce for business naming. Connecting people who have great domain names with people who need them, BrandBucket brings trust and transparency to domain name transactions. Sponsor GOOD READS Andreesen Horowitz is launching a $300M crypto fund After making numerous investments in startups like Coinbase and Filecoin, the storied VC firm is striking out on its own by launching a separate $300M crypto fund that aims to invest in promising crypto projects on a decade-long investment horizon. Hiring for your blockchain project? Here's how to create an expert team When building a blockchain startup, having an all-star team is critical. With hiring top talent more difficult than ever, it's important to define what your project's unique value proposition will be for prospective team members. This is a comprehensive look at the state of crypto this summer This piece does an excellent job at providing a brief analysis of the key developments and performance of major tokens so far this year, ranging from key players like Bitcoin to newer crypto projects like Chia and DFINITY. Take a look at how much proof-of-stake has evolved since PPCoin Launched more than six years ago, PPCoin was the first token project to implement proof-of-stake. But the technology has been refined considerably since then, and it's now critical to almost every new crypto platform. Bitcoin's price may be set to rise after 250M new Tethers hit the market Despite dipping in price, the value of Bitcoin may be poised to rebound after Tether released $250M worth of its cryptocurrency to the market. The increase in stablecoins is an indicator of the additional capital flowing into crypto, which may help fuel positive investor sentiment.  Dive deep into the hashing controversy, and why its critical to Bitcoin's future The hashing controversy earlier this month triggered an outcry among the crypto community. In this piece, security researcher Adam Caudill takes a closer look at why too much zealotry has the potential to undermine many crypto projects. Robinhood is looking to challenge Coinbase in the crypto space Robinhood is quietly expanding its portfolio of crypto products, putting it on track to compete directly with Coinbase in the coming months. The fintech startup is moving forward with plans to build its own crypto wallet service, among other crypto products. 44 Bitcoin forks have emerged in recent months, leading to investor skepticism In less than a year, dozens of Bitcoin forks have taken place - sometimes for good reason, sometimes not - and investors are concerned. Despite the proliferation of forks, hardly any are gaining traction in the crypto markets. COMMUNITY NEWS Meet this year's most innovative Ethereum projects. Link Check out this great interview with Vitalik on Ethereum's future. Link For better or worse, crypto tourism is on the rise. Link What's so mysterious about the Bitcoin block hash 21E800? Link Sign up for the private beta of Binance's Info app. Link Celo has announced a new investment from Coinbase. Link How Airswap, the "App Store of Ethereum", is powered by tokens. Link EOS's governance attempts are turning its community away. Link Cloudsight has added support for Lightning transactions. Link Join the Dubai International Blockchain Summit on July 23. Link Circle is seeing a boom in crypto demand from institutional investors. Link Japan's finance minister wants to implement a flat tax on crypto. Link Banco is hiring a Marketing Project Manager in Tel Aviv. Link Thanks to BrandBucket for sponsoring this newsletter edition. Edited by Chris Osborne in Vienna (in town? reach out to get a coffee). Check out CryptoList and TokenDemoDay if you haven't already. More info on sponsoring a future edition of CryptoWeekly can be found here. Reply to this email if you have any feedback and/or suggestions. Thanks for reading! 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. Copyright © 2018 CryptoWeekly. All rights reserved. No longer want to receive CryptoWeekly? Unsubscribe.

Bitcoin Mystery / Video Game Token / Lightning Network / Wolf of Wall Street

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: 1. A long-awaited bitcoin mystery will soon be revealed. Bitcoin Core contributed Bryan Bishop will publicly release a private key that was used as part of a now discontinued alert system. Bitcoin’s creator entrusted the key to several bitcoin developers to activate an alert system, once used to flash a text warning in case something happened that could impact the security of funds. The system was retired in 2016 amid security concerns and confusion about its use. The reveal is the final step in destroying the system. "Folks, it's going to be an interesting show," Bishop tweeted. -COINDESK       REAL VISION: It’s like Netflix…but for investors Real Vision is on a mission to make you a great investor with the first financial on-demand video platform that gives you direct access to the smartest minds in finance.  Watch in-depth presentations, documentaries, actionable trade ideas and interviews with the industry’s most respected investors, analysts and strategists including Kyle Bass, Jeff Gundlach, and many more. Try it before you buy with free trial. For an ad-free experience, upgrade to Inside Premium       2. Developers released a new type of ethereum token specifically made for video games. Known as ERC-1155, the token has a simplified process for token swaps that recognizes the different types of qualities of digital items found in video games. The token will replace the network’s need to process and confirm each transaction for each item separately. ERC-1155 tokens are designed so that any number of items can be sent to multiple recipients in one single transaction. -CRYPTOBRIEFING       3. Merck has applied for a patent that uses blockchain to track goods as they move through the supply chain. The pharmaceutical giant submitted a patent application in December of 2016 that was published last Thursday. The application outlines a method where blockchain could be used to store information about a physical object and provide updates as it moves onward from its point of origin. For Merck, the company can use this technology to reduce the number of counterfeit medications in circulation. -COINDESK       4. Overstock CEO Patrick Byrne said blockchain might be the world’s greatest hope to end global poverty. Byrne recently launched a new venture, DeSoto, Inc., that plans to build solution to empower individuals through property ownership. He is working with world-renowned Peruvian economist Hernando de Soto Polar. “Hernando and I intend to use blockchain technology to empower and enfranchise the 5 billion people who live outside formal economies within five years,” Byrne said. -PYMNTS       5. The three implementations of the Lightning Network – c-lightning, lightning network daemon, and Éclair - officially entered beta on Monday. Developer Blockchain said the technology would not become more straightforward for end users, hopefully helping drive acceptance. “[The lightning network] migrates away from the protocol used while designing the specification and toward a new architecture that is modular and extensible, to better adapt to your needs and your infrastructure,” developers said in a blog post. -BITCOINIST       6. Jordan Belfort, better known as the “Wolf of Wall Street,” believes bitcoin’s demise is imminent. Belfort said in a recent interview that bitcoin’s price struggles in 2018 signal the beginning of the end of the top-ranked cryptocurrency. He advised hodlers to get out now before the price completely crashes. “Everything is wrong with it [BTC],” he said. “There’re too many fundamental flaws with it, and [the] bottom line is, get out if you don’t want to lose all your money.” –ETHEREUM WORLD NEWS       7. Cryptocurrency exchanges in South Korea have struggled to secure insurance. A recent wave of thefts and security breaches have made these exchanges too high risk for many insurance providers. -BITCOINIST 8. Bitcoin’s next price rally will come when the SEC approves ETFs. A Goldman Sachs investor believes that ETFs could take the price of bitcoin to $35,000 per coin. –NEWS BTC 9. Tron celebrated its independence from the ethereum network on Monday. The token is now working on its own blockchain. –BITCOIN.COM 10. The fund redemption cycle of many crypto hedge funds may cause the price of bitcoin to drop further. This insight comes after bitcoin slightly rebounded on Monday after hitting a year low on Sunday. -CNBC       From the Forums Bitcoin ATM in a convenience store. Robinhood going after Coinbase. Crypto consolidation continues.       $BTC (12:44 p.m. EST): $6,152.74 (-2.42%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More… $BCH (12:44 p.m. EST): $719.62 (-5.74%) // 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (12:45 p.m. EST): $444.76 (-4.07%) // 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (12:45 p.m. EST): $79.00 (-4.90%) // 90-day high: $251.03 // 90-day low: $79.00 // More… $XRP (12:45 p.m. EST): $0.46 (-3.12%) // 90-day high: $1.20 // 90-day low: $0.46 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       Brains and Chains: the AI & Blockchain Conference Join us at the AI and Blockchain Conference to explore these two cutting-edge technological trends. Top minds in AI and Blockchain will discuss how they can be utilized to create opportunities for innovative solutions. (June 28th, New York City). Register today

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