Wednesday, August 14, 2019

Screw Ageism. This Incubator is for 65+

Meet the next generation of entrepreneurs. They're all over 65.

📌 Looming IRS Deadline, Brexit Boost, and Coinbase (Almost) Finessed

 MUST READS 

Exciting Developments Coming Soon for Binance US


Binance US just unveiled a list of 30 digital assets under consideration for its bold US exchange expansion. In case you're wondering, here's a closer look at the criteria of the evaluation... and why these coins made the first cut.

"Projects with a lot of chances of making the world more efficient and comply with regulations and listing standards"
 

No-Deal Brexit 'Will See Cryptocurrency Value Hit Record Highs'


The price of Bitcoin could reach record highs in the coming months if the UK leaves the European Union without a deal, according to some cryptocurrency analysts...
 

Blockstream Reveals Bitcoin Mining Facilities, Fidelity An Early Customer


Blockstream has been silently scaling over 300 megawatts of mining facilities in a bid to rebalance the distribution of global hashpower back in the hands of smaller players.

Last week, the company broke its silence as it unveiled its most recent product, dubbed Blockstream Mining. The multi-facing initiative, which includes a mining hosting service and a mining pool that leverages the Better Hash protocol, is Blockstream's attempt to re-democratize the mining economy.

The company doesn't expect to offer it's services to retail investor until next year. Currently, only institutions, businesses or high net worth individuals will have access to the mining hosting services.
 

Cryptos Just Collapsed As IRS Deadline Looms


A month ago, the IRS sent letters to thousands of crypto investors to clarify crypto tax filing requirements and, in certain cases, compel them to pay back taxes.

As CoinTelegraph reports, those who already received letter 6173, titled "Reporting Virtual Currency Transactions" on July 16 now have less than a week to reply to the IRS.

Some have suggested the sudden dump this morning across all cryptos could be related to this tax date.
 

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Flip $1,000 into $1.3 Million (without risking A PENNY in the market)


Former Lehman Brothers executive reveals one of Wall Street's best kept secrets. A proven system for turning $1,000 into $1.3 Million (or more)—without touching the stock market. In fact, this system is responsible for the most profitable investment of all time!
 

 DEEP DIVE 

An Attempted Heist at Coinbase was Scary Good, Even Though it Failed


When more than a dozen Coinbase employees got an email in May from an administrator at the University of Cambridge in the UK, nothing about the message raised any red flags. Someone named Gregory Harris, who said he was a "research grants administrator" at the university, told the recipients he needed their help judging contestants for an economics prize.

Some of the employees exchanged additional emails with this account during the next two weeks; still nothing amiss. Little did they know that this was all part of a devious scheme.
 

📈 Report: Institutional Investors are Powering Bitcoin's Bull Run


The long-awaited entrance of "institutional money" is finally making an impact on prices, according to the first biannual report from digital asset management firm Coinshares. Though the report cautions that retail-side investment is waning, it proclaimed a new era of Bitcoin dominance.
 

The Future of Decentralized Finance


Decentralized finance ("DeFi"), also referred to as open finance, is something the crypto world is raving over. If you still don't understand the brevity DeFi – now's your chance.

Since DeFi is still in the early days, this post covers where it is headed and some of the interesting possibilities that can come about.
 

Bitcoin, Gold, and The Future of Macro Investing


If you have time this week, we highly suggest you sit down and watch this brilliant interview with Dan Tapiero and Raoul Pal from Real Vision. What follows is an enlightening BTC macro discussion – one of the best yet. These guys definitely get it.
 

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 REGULATORY FRONT 

🏛️ SEC Delays Decisions on 3 Bitcoin ETF Proposals


Welp, for the 100th time it seems, the U.S. Securities and Exchange Commission (SEC) delayed making a decision on three bitcoin exchange-traded fund (ETF) proposals this week.

Final decisions on the Bitwise and VanEck/SolidX proposals are expected by Oct. 13 and Oct. 18, respectively. The next decision on the Wilshire Phoenix proposal is scheduled to occur by Sept. 29.

 

🇰🇷 Seoul's Blockchain Smart City Transition

Seoul is nearing several significant milestones in its journey towards becoming a blockchain smart city. By November, it aims to have the following in place:

  • Public services accepting Korea's national blockchain ID system as valid documentation
     
  • A blockchain system for managing part-time worker labour contracts, insurance and work history
     
  • A native city-wide cryptocurrency, dubbed S-coin
     

More details here...

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