Friday, December 6, 2019

Ripple suit update

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December 6, 2019
AVOIDING THE ISSUE? Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new court filing. In a bid to have the case dismissed, Ripple did not answer whether XRP is a security under U.S. law.  Full story

LIQUIDITY INSIGHTS: Fragmented markets are a salient feature of the crypto asset class. No other asset class trades across so many small pools of liquidity. Bitcoin itself could be considered a thinly traded asset, and this market structure makes it difficult to agree upon a bitcoin price, according to an interview with Catherine Coley, CEO of Binance US and Sam Bankman-Fried, CEO of Alameda Research. Full story

FUTURES FUND: The New York Digital Investment Group (NYDIG) has secured approval from the U.S. SEC to offer institutional investors shares of a novel fund focused on bitcoin futures. The NYDIG Bitcoin Strategy Fund will invest in cash-settled bitcoin futures contracts traded on exchanges registered with the CFTC, but does not intend to invest in bitcoin directly. Full story

HEALTH HASHING: The first application on Kadena’s public blockchain, expected to launch in January, is a tracking platform for cannabis-derived CBD oil. The project is only the first step in Kadena’s plan to tap into the multibillion-dollar healthcare industry, Will Martino, the firm’s CEO, said. Full story

FRIENDLY DATA: Microsoft is pitching blockchain technology as a way to make artificial intelligence less scary for its corporate customers. The firm has a new tool called Azure Blockchain Data Manager that takes on-chain data and connects it to other databases where AI can be deployed to build trust and transparency. Full story
NO WINNERS: Bitcoin's bull-bear stalemate continues, with prices trapped between key levels of $7,087 and $7,870. A move above the latter level is needed to invalidate a lower-highs setup and revive the short-term bullish view. Recent lows near $6,500 will likely come into play if support at $7,087 is breached, reinforcing Wednesday's bearish hammer candle. Full story
DITCHING DOLLARS? Deutsche Bank issued a report claiming that state-back fiat currencies may struggle to survive under higher inflation, meaning that crypto could soar as investors dive into digital assets over the coming decade, reports CoinDesk’s Adam B. Levine and Brad Keoun in today’s Markets Daily. Full story

WHO WON #CRYPTOTWITTER
 

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$500 In Savings? Don't Miss This!

Don't Miss The Chance to Save $500
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Friendly reminder that the early bird rate of $999 expires on December 13, 2019 at 11:59 PM ET and you still don’t have a ticket 🤯. 

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2019 Fast Fasts |  2019 Sessions | 2019 Speakers

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A Komodo Ecosystem Update Is Coming Soon

December 6, 2019
Updates & Developments


Komodo is pleased to announce that a massive ecosystem update will be activated on December 20, 2019 at block height 1,670,000. The update to version 0.5.0 of the Komodo software is mandatory for all exchanges, miners, and other individuals running a full-seed node. Learn more about the Komodo v0.5.0 update here.
 



Komodo CTO Kadan Stadelmann did two interview this week: one with Decrypt Media about Komodo's upcoming web DEX and one with CryptoMurmur about his personal life.

"In the last four months, we've launched the first DEX for mobile phones, on-boarded thousands of users, and executed the first web browser-based atomic swap," said Kadan. Read the full interview with Decrypt here.

In the second interview, Kadan discussed his life before blockchain and some of his closest-held beliefs: "Never give up. I think that's something many people really fight with, and often people will lose ambition too fast and don't believe in themselves." Read the full interview with CryptoMurmur here.
 


This week, Komodo Marketing Manager Audo Kowitz gave a presentation on Komodo at a Cryptour Event, hosted by OKEx, in Kyiv, Ukraine. Audo discussed benefits of multi-chain architecture versus the still popular single-chain platform model. Watch Audo's presentation on Komodo here.
 


The popular Crypto 101 Podcast is holding a free online conference called the CRYPTO 2020 Summit. Komodo CSO Steve Lee will be speaking at the event, which takes place from Jan 29 to Jan 31, 2020. Tickets are free but you must register in order to stream the conference. Register here.
 

Komodo is hosting an educational blockchain event at the Goztepe Campus of Marmara University in Turkey next weekend, on Saturday, December 13th. All content and workshops will be held in Turkish language. If you are in Turkey on that date, feel free to join! Tickets are free. Register for the event here.
 


Komodo was listed on two new exchanges this week. The first is BiteEU, a new exchange launched in Estonia. Komodo has one trading pair, with BTC. The second KMD listing is with VCC Exchange, based in Singapore, where KMD was also listed with a single BTC trading pair
 


Komodo is looking for two new developers: a frontend developer and UX/UI designer with at least 3 years of experience; and a blockchain core developer with at least 5 years of experience with C/C++ and at least 2 years of experience with either the BTC or the ZEC protocol. Learn more on the Komodo Careers page.
 
A Word From The C-Suite


"I always kind of hoped that cryptocurrencies would become a truly decentralized form of this global financial power which economies and societies are based on. In the beginning when I got to know about Bitcoin and all these P2P decentralized cryptographic technologies, I thought it would likely result in this financial power being distributed in a much more decentralized manner, however reality taught me that structures and people behind the financial system which is controlling the traditional financial layer, also kind of made this shift over to the crypto world. So what we have seen is multi-billion dollar companies controlling large parts of this ecosystem and industry, not just from a financial perspective, but in general."

Komodo CTO Kadan Stadelmann

Read the full interview here.

Komodo Ecosystem News


Verus Coin prepares for a massive technology upgrade on December 15.

"VerusID is brand new technology: 100% decentralized, friendly crypto IDs where YOU control YOUR identity/funds/data and can revoke/recover your funds in case of loss/theft."

Read this thread from Verus Lead Dev Mike Toutonghi to learn more.

 



RedFOX Labs celebrates new developments with partner MYMEDIA Myanmar.

"Venture builder RedFOX Labs combine with MYMEDIA MYANMAR and AI company MISFIT to tackle the rewards and cashback market in Southeast Asia."

Read the full announcement on the MYMEDIA Myanmar blog here.

 



Hush Coin releases another update for SilentDragon Lite wallet.

"SilentDragon Lite 1.1.2 has been released for Windows, Mac, and Linux, plus a new Debian package."

Download the latest version of SilentDragon Lite here.

 

Utrum Platform distributes the OOTer of the Month award.

"Congratulations to our member BlessedBoy for winning OOTER of the Month - November 2019. He won 500 KMD."

Learn more about the OOTer of the Month award here.

 
Thanks for reading and have a great weekend!
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