Thursday, March 14, 2019

Ripple Accusations / Canada Firm Warned / New York Times Project / Cosmos

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1. Miguel Vias, the head of XRP market at Ripple, denied allegations that his company paid Coinbase to list XRP last month. Ripple has been accused of bribing Coinbase after the sudden announcement that the prominent exchange would add XRP trading pairs on Feb. 26. Coinbase had taken a careful approach to XRP due to the coin's controversial history with Ripple Labs, in particular a pending $167.7 million class-action lawsuit. The addition of the coin to Coinbase did not sit well with some, including Atlana Digital Currency Fund CIO Alistair Milne, who argued that Coinbase acted suspiciously. –CCN

Ripple exec denies Coinbase allegations
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2. The British Columbia Securities Commission (BCSC) issued a warning against Canada Bitcoin Exchange for offering four suspicious investment plans. The investment options required customers to invest a specific capital for 24 to 48 hours and provided returns between 3.5 and 7.9 percent. BCSC said the exchange did not have a license to offer trading services, investment consultation or trading services. The company requested that deposits be made with bitcoin, meaning the victims likely had little chance of recovering their investment capital. –NEWS BTC

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3. The New York Times posted a job for developer that can "design a blockchain-based Proof of Concept for news publishers." The listing does not include any specific information about the project. It does say that the person hired would work in the research and development division of the paper. The person would also develop a vision statement, in particular looking at how blockchain can solve particular problems at the paper. Finally, the hired developer would brand a blockchain-based publishing effort as well as develop a corresponding website. –CRYPTO GROUND

New York Times looking for blockchain expert
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4. The highly anticipated Cosmos project, which looks to create interoperability between any number of other blockchains, officially released a live software. Called Cosmos Hub, the platform one day wants to be able to connect with existing blockchain networks to create what it calls the Inter-Blockchain Communication (IBC) protocol. This first launch comes after nearly three years of planning and development. –COINDESK

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5. The Social Alpha Foundation, a non-profit that provides grants to organizations looking to use blockchain to make a social impact, will give $150,000 to Yale openlab to study how blockchain can help climate change. –CHEPICAP

6. ConsenSys posted on its blog that 16 of the 20 blockchain projects with the most developer activity on GitHub are BUIDLing on ethereum (Reddit had a lively discussion on the topic as well). –CONSENSYS

7. Litecoin nearly reached $60 per coin earlier this week but has been creeping down since. Some now fear the coin has hit its ceiling, at least for the near term. –BE IN CRYPTO

8. BitMEX's research team reported a potential bug that happens when syncing the Parity full node with the ethereum blockchain. –ETH NEWS

9. NewVoiceMedia, a subsidiary of Vonage, received a patent to use blockchain to secure communications and recordings. –COIN TELEGRAPH

10. Ethereum developers plan to further discuss the controversial Progressive Proof-of-Work (ProgPoW) mining algorithm for potential inclusion in the network's next system-wide upgrade known as Istanbul. –COINDESK

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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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