CryptoWeekly #101

The best cryptocurrency news, guides and resources.

CRYPTO WEEKLY April 12, 2019 | #100 SPONSOR Cryptocurrency Marketing and Branding Agency - Creato Leading Australian graphic design agency, Creato, are now accepting Bitcoin and cryptocurrency as form of payment. Creato have a rich history of successfully branding and marketing their blockchain clients. UPDATE Last week I sent out the 100th edition of the CryptoWeekly newsletter hours after my wife gave birth to our second son. With that said, I didn't have time to write a message to say thank you for reading it after this big milestone. This newsletter is super fun to update every week and I hope you're learning as much about how crypto is evolving as I am. As you can imagine, I'm going to be pretty busy with family stuff for a while - and I'm looking for someone who'd be interested in taking this over and keeping 7,000 crypto fans updated every week. If you think you could be a good fit, please respond to this email. As always, thanks so much for reading! Chris GOOD READS Coinbase and Visa are teaming up to make crypto payments a reality Coinbase is launching a Visa card that's funded by your crypto balance. The card works by converting cryptocurrency to fiat whenever it's used for a purchase, and users can choose which cryptocurrency they want to use for payments in the Coinbase app. Coinbase's native app will also provide detailed spending analytics, receipts, and spending categories for consumers as well. China is planning to ban crypto mining in a renewed crackdown on the industry This week, one of China's main industry councils proposed adding crypto mining to a list of banned industries, citing energy wastage and soaring electricity prices in some cities. This marks the next chapter in China's prolonged crackdown on crypto, which began in 2017 when it began banning crypto exchanges from the country. Here's why Binance is emphasizing compliance as it expands internationally This week, Binance announced that it would be partnering with CipherTrace to implement on-chain security solution to combat money laundering and illegal crypto usage. The move is indicative of the company's relentless focus on compliance, which it sees as being key to unlocking new markets while mitigating risk globally.  One Bitcoin dealer just got a 2-year prison sentence for his unlicensed exchange In one of the first rulings of its kind, US citizen Jacob Burrell was just dealt a 2-year prison sentence for operating a Bitcoin exchange without registering it with the US Department of Treasury. The exchange started after Burrell was a customer of another exchange, and decided to turn his crypto into cash and bring it into the US.  Wall Street is trading Bitcoin futures like never before Last week, Bitcoin futures trading volume hit a new record on the Chicago Mercantile Exchange. Most of the increase in trading volume came directly from Wall Street institutions, which are more interested than ever in investing in the space. The higher level of futures trading also means that the chances of a crypto ETF being passed are rising as well. The IMF says that cryptocurrencies and fintech are "clearly shaking the system" In an interview with CNBC this week, IMF chief Christine Lagarde said that cryptocurrencies and other distributed ledger technologies are forcing the incumbents of the finance world to rethink their businesses. She also called for tighter regulations to ensure stability in the banking sector while new innovations are rolled out. Crypto coin sales are staging a revival after the bursting of the ICO bubble After the bursting of the ICO bubble and subsequent crackdown by regulators, crypto startups have moved onto Initial Exchange Offerings (or IEOs) as the next funding method of choice. Instead of offering funds directly to retail investors, crypto startups are now raising funding through ICO-like funding schemes that are vetted and run through established crypto exchanges. Inside the crypto recovery, and why Bitcoin is still underpriced Last year's hash war between Bitcoin Cash and Bitcoin SV helped start a massive decline in the price of Bitcoin, but the markets have been turning in recent weeks as the network continues to mature. Other tokens like Brave and Augur have also played a key role in driving increased investor interest and a recovery in the markets. COMMUNITY NEWS We just removed 350+ inactive crypto companies from CryptoList. Link Here's how active the top 1,000 cryptocurrencies (by market cap) are on Twitter and GitHub. Link Blockstack has announced an SEC filing for its $50M, a fully-regulated token offering. Link Bakkt is hiring a Paypal and Google veteran as its new Chief Product Officer. Link EOS, Augur, and Maker are now available for trading on Coinbase Pro. Link Inside the clash of crypto and Wall Street with the founder of BitGo. Link Opera has launched its Dapp-focused desktop browser with a built-in Ethereum wallet. Link Dharma's crypto lending platform has officially gone live this week. Link New US Digital Taxonomy bill to allocate $25M annually to preventing crypto crime. Link You can now block cryptojacking by using Firefox. Link Here's how Venezuela's crypto community is helping the poor. Link Coinbase is hiring a Business Operations Associate in San Francisco. Link Meet Rainbow, the mobile wallet that makes Ethereum fun and accessible. Link UPCOMING EVENTS Paris Blockchain Week Summit • April 16-17 • Paris SDLT for Financial Institutions • April 17 • New York Block Live Asia • April 18-19 • Singapore Edited by KintuLabs. Reply to this email with any feedback and/or suggestions. Nothing shared or published by CryptoWeekly constitutes an investment recommendation, nor should any data or content published by CryptoWeekly be relied upon for any investment activities. CryptoWeekly strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions. Copyright © 2019 CryptoWeekly. All rights reserved. Unsubscribe here.