Blockchain / Venezuela / Gemini / Poker

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (1:44 p.m. EST): $6,490.08 (1.39%) // 90-day high: $8,362.59 // 90-day low: $5,755.25/ / More… $BCH (1:44 p.m. EST): $547.66 (-2.58%) // 90-day high: $1,663.91// 90-day low: $599.46 // More… $ETH (1:45 p.m. EST): $291.65 (-2.00%) // 90-day high: $790.72 // 90-day low: $290.75 // More… $LTC (1:45 p.m. EST): $57.13 (-0.48%) // 90-day high: $162.87 // 90-day low: $56.78 // More… $XRP (1:45 p.m. EST): $0.33 (-0.79%) // 90-day high: $0.86 // 90-day low: $0.22 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Cryptocurrency wallet Blockchain said it had added up to 50,000 users per day despite dropping bitcoin prices. CEO Peter Smith tweeted the number in response to a Bloomberg interview where Coinbase CEO Brian Armstrong said his company added 50,000 new accounts during bitcoin's boom last year. Smith's tweet insinuated that Blockchain adds accounts of people that want to use crypto, opposed to speculators. -CCN       Lucyd Launches First Eyewear Store that Accepts Crypto Can your glasses take calls, play music, and catch a ride? Lucyd Loud can and it starts at just $99! Lucyd Loud is the first Bluetooth "soundglass" that you can order in your prescription. We even take Bitcoin & Ether! Get 500 free LCD tokens with your first purchase. Click here to learn more For an ad-free experience, upgrade to Inside Premium       2. Rapid inflation in Venezuela continues. The price of one bitcoin cost 44 billion bolivars on Friday, but jumping to 59 billion bolivars on Saturday. Citizens have turned more and more to bitcoin as the country's annual inflation tops 100,000 percent. At current rates, $1 can be exchanged for 9.2 million bolivars. -BITCOINIST       3. Ethereum co-founder Joseph Lubin does not believe the latest cryptocurrency slump will hurt long-term growth. Lubin said the collapse in prices has always been present in the blockchain ecosystem. He added that later the price bubbles will seem like "little pimples on a chart" because growth will be exponential. -CCN       4. There is growing speculation that Gemini will soon add litecoin support. The exchange tweeted that its vice president of engineering, Eric Winer, will speak at the Litecoin Foundation's Litecoin Summit on September 14. There is belief that Winer would not speak at the event if Gemini was at least not exploring litecoin. -CRYPTORECORDER       5. Crypto Poker Club has used blockchain to try to bring integrity to online poker. The site has used a decentralized and fully anonymous structure to improve data protection. It also used blockchain to try to correct the pitfalls of other poker sites, including collusion, cheating, and the randomness of cards. The site also uses cryptocurrency to payout players, allowing for same day payouts in an industry where payments can typically take days or weeks. -BITCOINIST       6. UPS has filed for a new patent that uses blockchain as part of a distributed system for sending packages worldwide. The concept involves storing data within a distributed ledger network, including information about a package's destination, its movement, and transportation plans for shipment units. UPS has previously suggested that it could use multiple distributed networks in the shipping process. -COINDESK 7. Politicians have an increasing interest in bitcoin. However, attempts to classify which political parties favor bitcoin the most fall short. -BITCOINIST 8. Lou Kerner, co-founder of CryptoOracle, believes bitcoin is better than gold in a number of areas. He believes people that store value in gold will one day switch completely to bitcoin. –ETHEREUM WORLD NEWS 9. Here's is a longer look at Playboy's lawsuit against Global Blockchain Technologies. Most notable was Playboy's claim that Global Blockchain failed to integrate the Vice Industry Token (VIT). –COIN TELEGRAPH 10. Forbes takes a look at 26 ways blockchain will transform education. One way could be to put transcripts on the blockchain, validating their legitimacy. -FORBES       From the Forums An intro cryptocurrencies. A member of congress owns litecoin. A crypto community member arrested.       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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Chain lightning

Lightning devs sought and a trader on trial

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Sponsored by   August 20, 2018 SPARKS FLY: Bitcoin developers are launching a Lightning Network bootcamp in New York to spur work on the "layer two" network project. The one-week residency, organized by Chaincode Labs, is aimed at getting more developers to work on Lightning — and produce a few consumer-friendly apps in the process.  Full Story CRYPTO ARREST: A 21-year old American crypto trader has been indicted for alleged money laundering and unlawful exchanging. Jacob Burrell Campos, who has been arrested and denied bail, is being prosecuted for multiple instances of selling and buying bitcoin, as well as smuggling cash from Mexico to the U.S. Full Story WOMEN IN CRYPTO: The blockchain industry is dominated by men, including in Asia, writes Sa Wang, a co-founder of IOST. Despite China's ban on crypto trading, the hunger for the quick wealth in the country is huge — and so is the number of scams. This presents even more challenges for female entrepreneurs who are often not taken seriously by their male counterparts, according to Wang. Full story  There’s a difference between crypto transactions and payments: a transaction is a container for inputs from your wallet and outputs to your recipient, so it can have multiple outputs. Each individual output represents a payment. This is important because simple transaction counts might obscure higher payment counts. For example, EOS transactions have averaged 3,000 percent to that of BTC’s over the month of August. However, EOS payments only averaged 12 percent to that of BTC’s. This is a substantial difference that could lead one astray when not taking both into consideration. For more research insights check out the CoinDesk Research section here. SPONSOR SECTION   The Oxford Blockchain Strategy programme is developed for business leaders, innovators, and future thinkers with an interest in blockchain. This programme gives you a fundamental understanding of blockchain, and its implications and effects on your business strategy. Visit the programme page to learn more.   SQUEEZED: Bitcoin failed to reach $7,000 over the weekend and now is changing hands above $6,400 in a tight, $300 trading range. Full Story BEST OF THE BEST THE NEW YORK TIMES: Some young investors have been left in rags by the crypto market frenzy. The paper interviewed Pete Roberts from the U.K., who saw the value of his investments plunge from $23,000 to $4,000 over the course of eight months. THE REST BLOOMBERG: The news service gives a breakdown of the petro, Venezuela's controversial cryptocurrency, and Nicolas Maduro's public comments on it. And while the value of the petro is still not publicly reported, the government values it at 3,600 sovereign bolivars — $60 under the new exchange rate. The developments come amid continued economic turmoil in the country.  FINANCIAL TIMES: The newspaper analyzes the cryptocurrency market dynamics during the first half of 2018. Trading interest has now waned and bitcoin investors have retreated to holding, experts contend.  VICE: R&B singer Akon and his business partners offer more clues about their plans for AKoin and a real-life crypto-based city in Senegal. AKoin is being pitched as a future "app store for African entrepreneurship" and a source of passive income for Africans.    We've launched our new podcast, Late Confirmation, which are the top stories in the blockchain world, delivered daily from the team at CoinDesk, sponsored by the Oxford Blockchain Programme.  Listen to Latest Episode and Subscribe   WHO WON #CRYPTOTWITTER   ConsenSys Jobs Blockchain Jobs Circle Jobs BitGo Jobs Copyright © 2018 CoinDesk. All rights reserved. Our mailing address is: 636 Avenue of the Americas New York, NY, 10011, US Want to change how you receive these emails? You can update your preferences or unsubscribe from this list