Saturday, July 14, 2018

Coinbase Announces 'Exploring' the Addition of 5 New Tokens to Its Exchange

July 14, 2018 Read in Browser
Blockchain Brew
quote-left-filled.pngQUOTE OF THE DAY quote-right-filled.png
“Success is the enemy of learning. It can deprive you of the time and the incentive to start over. Beginner’s mind also needs beginner’s time.”
- Naval

Happy Saturday! Don't miss out on us giving away 3 copies of @cointradernik's newest book An Altcoin Trader's Handbook to our newsletter subscribers! You must follow the rules listed in the section titled 'Giveaway' to enter.

Cheers,
Blockchain Brew Team

MARKETS
COIN PRICE 24H

BTC $6,250.79 -0.31%

ETH $435.259 -1.08%

XRP $0.436498 -1.3%

BCH $696.276 -0.58%

EOS $6.95573 -2.65%

*Information as of 9:30 AM EST


EXCHANGE

Coinbase Announces 'Exploring' the Addition of 5 New Tokens to Its Exchange

NEW ALTS

  • On Friday, Coinbase tweeted an announcement that it will be exploring adding 5 new tokens to its exchange: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX)
  • Coinbase has long teased the idea of adding new tokens having not added a coin since adding Ethereum Classic in June and Bitcoin Cash in December
  • These coins are not yet available and Coinbase did not provide a date for when they will start trading
  • Due to regulatory reasons, Zcash will only be able to be deposited and withdrawn from transparent addresses
  • For this announcement Coinbase is trying to be transparent as possible, after allegations of insider trading with how they handled the addition of Bitcoin Cash

In its blog post, Coinbase hinted at possibly adding more cryptos in the future, ending the post by saying:

Going forward, you should expect that we will make similar announcements about exploring the addition of multiple assets. Some of these assets may become available everywhere, while others may only be supported in specific jurisdictions.

KEEPING PACE

  • Coinbase has been trying to make moves to keep pace with proliferating exchanges like Binance
  • Operating in the United States is a disadvantage for Coinbase as there are much more strict regulations limiting Coinbase from expanding its business
  • The SEC's Ethereum ruling was huge news for Coinbase and is probably the reason it was able to add these new tokens

Read Coinbase's announcement blog post


ADOPTION

Major League Baseball Partners With Blockchain Startup to Create Digital Collectibles

DAPP GAME

  • Announced yesterday, Major League Baseball will be partnering with Lucid Sight to build a dApp game on Ethereum
  • The game, MLB Crypto Baseball, is going to work similar to CryptoKitties on the erc-721 standard
  • According to MLB executive vice president of gaming and new business ventures Kenny Gersh, CryptoKitties had a direct influence on the creation of the new game

PLAYING THE GAME

  • The concept of the game is to collect digital avatars tied to specific events in real life baseball games
  • To play, Ether can be transferred to MetaMask, a popular Ethereum browser wallet, then be used to purchase the digital collectibles

Kenny Gersh explained his vision of what MLB Crypto Baseball would look like:

"That is 100% one of the strategic goals of this initiative. Collecting items related to your team, engaging with your team in a new way. For me, say the Red Sox win the division in a couple months, I want to buy something that symbolizes that. These will be event-based things—those moments in sports that happen that you want to remember and cherish, and have a sense that you were there, even if only digitally."

LOOKING FORWARD

  • Kenny Gersh mentioned that the game will roll out in stages and that though this first version is for tech saavy people only, newer versions will lower the learning curve
  • With MLB attendance numbers declining last season, this game could bring baseball interest from a new demographic

NEWS

12 Russian Officials Charged with Election Interference Funded by Bitcoin

ELECTION INTERFERENCE

  • The only thing thay may be even more crazy and controversial than the crypto market has been the drama surrounding President Donald Trump and the 2016 US Presidential Election
  • Since President Trump's pre-election campaign, some have hypothesized that he was receiving help from the Russians whether knowningly or not

12 INDICTED

  • On Friday, news came out that the US Justice Department has indicted 12 Russian nationals with interfering with the US election
  • The 12 defendants are all members of a Russian federation intelligence agency which is a part of the Russian military
  • This news comes as President Donald Trump is set to meet with Vladimir Putin next week

BITCOIN PAYMENTS

  • According to the DOJ's announcement, the Russians indicted used Bitcoin that the Russian government allegedly mined to fund their actions
  • Cryptocurrency was used to purchase accounts and servers that were used to hack networks where they were able to steal identities, emails, and documents
  • The indictment claims that the defendents laundered more than $95,000 worth of cryptocurrencies to fund their operations

GIVEAWAY
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IT'S GIVEAWAY TIME!

That's right. It's giveaway time. This time we are giving away 3 copies of @cointradernik's newest book An Altcoin Trader's Handbook!

HOW TO ENTER:

  1. Click the 'Win Your Copy' button above
  2. Forward the Blockchain Brew newsletter to 3 new people

That's it! We will be tracking the results and announcing winners in the Friday, July 20th newsletter.

P.S. Don't miss this opportunity...this may be the easiest way to get a free book in your lifetime:)


MORE BREWING
  • Bank of Thailand Considers Blockchain for Cross-Border Payments, Fraud Reduction
  • Tezos Is Giving Away Grant Money to Crypto Developers
  • Tether Circle Announces Trading App for Cryptocurrency Exchange Poloniex

TODAY IN CRYPTO

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COIN OF THE DAY
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