Wednesday, March 13, 2019

Movie Trailer / Ripple's $100m Investment / $300K Mining Fee / Abra

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1. The trailer for the upcoming Lionsgate movie "Crypto" hit YouTube on Tuesday and it is amazing. The movie follows a Wall Street genius with a heart of gold who learns the company he works for is in bed with the Russian Mafia to use cryptocurrency to launder money. The movies stars Kurt Russell and, as Bitcoinist explains so well, "an ex-Gilmore Girl, the least famous Hemsworth brother, and someone called Beau (not Bridges)." It is obviously a Hollywood-ized view of cryptocurrency that those that follow the market will find hilarious (at one point, our hero finds a folder on a computer labeled "KICKBACKS.") Anyway, all I can say is STOP WHAT YO ARE DOING AND GO WATCH IT. –BITCOINIST

Trailer released for Crypto movie
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2. Ripple will work with Forte to invest $100 million in game developers who make games based on blockchain technology. Forte officially launched last month and has to announce its own fundraising but it does have money from Andreessen Horowitz. Ripple will provide all of the $100 million and the fund will operate alongside Forte's platform technologies and include open-source solutions designed in collaboration between the two. The goal is to accelerate the mainstream adoption of blockchain technology in gaming. –VENTURE BEAT

Ripple, Forte to invest $100m in developers
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3. Ethereum mining pool Sparkpool will split the costs with a user that accidentally sent more than $300,000 in mining fees a few weeks back. The user sent the funds on Feb. 19, apparently confusing the fields required to send coins. While the exact circumstances remain unknown, Sparkpool agreed to refund half of the 2,100 ETH mining fee. The idea to split the fees came from the user, who thanked the pool's developers for assistance in recovering the funds. –COIN TELEGRAPH

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4. Abra, recognized as the world's first global investment app, added support for ETH. The platform currently listed ethereum as a synthetic asset, meaning users were able to gain exposure to the price movements of the coin but could not deposit or withdrawal ethereum into their account. By adding support, customers can now deposit and withdraw through any other ethereum wallet. –CRYPTO POTATO

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5. Forbes offers a guide on exactly how the technology works in the gaming space. –FORBES

6. IBM has quietly entered the crypto custody space, partnering with New York-based Shuttle Holdings to create a platform that will be unveiled later this month. –ETHEREUM WORLD NEWS

7. Here is an interesting read on some of the unintended consequences. –PHYS.ORG

8. Bitcoin's 30-day volatility index has reached its lowest level since mid-November, according to data from SFOX. –FORBES

9. The talk on Twitter of late has been all about altcoins, in particular if it is too late to jump on this recent bull run. –CRYPTONEWS

10. ZY Crypto compares the bitcoin bubble to three famous crashes: The South Sea Bubble, the Japan real estate crash, and the dotcom bust. –ZY CRYPTO

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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: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside); Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram); and David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).

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