Satoshi Quote / ETF Criticism / World Wire / Bithumb Layoffs

Subscribe | View in browser $BTC (2:21 p.m. EST): $4,069.68 (1.18%) // 90-day high: $4,238.41 // 90-day low: $3,286.14 / / More… $BCH ABC (2:21 p.m. EST): $162.51 (0.22%) // 90-day high: $218.09// 90-day low: $80.95 // More… $ETH (2:21 p.m. EST): $140.52 (0​​​.90%) // 90-day high: $160.13 // 90-day low: $86.08 // More… $LTC (2:21 p.m. EST): $60.49 (1.06%) // 90-day high: $52.69 // 90-day low: $22.09 // More… $XRP (2:21 p.m. EST): $0.31 (0.90%) // 90-day high: $0.43 // 90-day low: $0.28 // More…       1. Bitcoin Twitter has been abuzz the past two days over a nine-year-old quote from bitcoin founder Satoshi Nakamoto. The account @NakamotoQuotes tweeted, "Imagine if gold turned to lead when stolen. If the thief gives it back, it turns to gold again," which Nakamoto wrote in 2010 in a BitcoinTalk forum post. It made the crypto community wonder if Nakamoto either created, or at least considered, a kill switch for stolen bitcoins. That led to a debate about how the switch would work and how it would impact hardware wallets and private keys. We may never truly know, as Nakamoto disappeared from the Internet a few months after writing the post. –NEWS BTC         2. Six of the seven responses to the US Securities and Exchange Commission urged the agency to reject a bitcoin ETF. The comments came in response to the resubmitted ETF proposal from VanEck. "I can see a lot of people getting hurt both financially and in other ways by you accepting this proposal," wrote Dina Pinto. "It is in my humble opinion that this proposal be rejected." The SEC received more than 1,400 responses for the first VanEck proposal, which was pulled back during the government shutdown. –CCN       Ad The O'Reilly Software Architecture Conference Our program is designed for anyone making architecture-level decisions. Join hundreds of the best and brightest engineers, senior developers, tech leads, architects, and managers to discover what companies like Google, IBM, Ticketmaster, and Pivotal have learned in their real-world experiences. Save 20% with code INSIDE20. 3. Six international banks signed letters of intent to issue stablecoins on IBM's payment network, World Wire. Three of the banks have been identified – Philippines-based RCBC, Brazil's Banco Bradesco, and Bank Busan of South Korea - while the other three will be released soon. The network uses the Stellar public blockchain to let regulated institutions move value across borders more quickly and cheaply than legacy correspondent banking systems. –COINDESK       4. Bithumb, one of the largest exchanges in South Korea, plans to cut its staff from 310 to about 150. A company official confirmed the layoffs, adding that many of the employees slated to be cut already want to leave the company. The move comes as other cryptocurrency companies reduce workforces as well. The company behind the cryptocurrency project Dash reduced staffing levels earlier this month and the smart contracting firm Hosho said it would lay off 80 percent of its staff. –THE BLOCK       Ad Get Access To The Boss Cryptocurrency Trading Course - For FREE In This Free Course You Will Learn: - The exact trading strategy we used to win in 2018 - How to stop the seemingly endless cycle of losing money, forever - How to do it all trading less than 4 hours per week This course is 100% free for this week only. GET ACCESS NOW!   5. Tron's daily transactional volume exceeded $100 million on Sunday. –AMB CRYPTO 6. The litecoin subreddit has surpassed 200,000 subscribers, making it one of the largest cryptocurrency-based communities on Reddit. –BLOCKMANITY 7. Jon Scott Stevens asks and answers 13 questions about ethereum's ProgPoW protocol. –MEDIUM 8. Trading has continued on Cryptopia, the New Zealand-based exchange that lost $16 million in a theft more than two months ago. –BITCOIN EXCHANGE GUIDE 9. XRP was named the cryptocurrency most likely to rise in price this year, according to a survey of more than 10,000 respondents. –DAILY HODL 10. Four Colorado lawmakers proposed a bipartisan bill that would encourage using blockchain in agriculture. –COIN TELEGRAPH       Written and curated by David Stegon who hopes his Temple Owls beat Belmont tonight. 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) and Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram).       Ad A reimagined Jira Software. Simpler and more powerful than ever before. Learn more. Vettery's 2019 Tech Salary Report Is Here. Download Now.

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