Wednesday, March 20, 2019

EMP protection

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March 20, 2019
$25 MILLION: BlockFi officially launched an interest-bearing crypto deposit account earlier this month – and the product is fast gaining traction. According to CEO and founder Zac Prince, users have already deposited more than $35 million in cryptocurrency (around 80 percent of it in bitcoin) into their interest-bearing accounts since beta testing began in January. Of that, $25 million was gathered after the March 5 launch. The product entices investors with returns of up to 6.2 percent annually for holding their bitcoin or ether. Full Story

FINANCE FEEDS: Two cryptocurrency benchmark indices from data provider CoinMarketCap will launch today on financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as well as on its own platform. CoinMarketCap said the indices will be the “most comprehensive” crypto data offerings for the markets, covering the top 200 cryptocurrencies by market capitalization, one including bitcoin (BTC) and the other without. The data site partnered with Germany-based provider of financial indices Solactive for the effort. Full Story

JUST IN CASE: Casa has rolled out “Faraday bags” for hardware cryptocurrency wallets – protective cases made to block electronic signals often associated with remote wiping or alteration of the data stored on hardware devices. “We wanted something that would protect the device from a wide variety of potential risks, water, dust, etc., and also anything electronic, wireless signal, GPS, bluetooth, any kind of radio signal all the way up to and including any potential EMP [electromagnetic pulse] blasts,” Casa CEO Jeremy Welch told CoinDesk. Full Story

LITE SHOPPING: Cryptocurrency exchange Binance has unveiled a new platform in Australia that allows users to buy bitcoin with cash from high-street stores. Binance Lite Australia, as it’s been dubbed, allows bitcoin purchases through a network of 1,300-plus supported newsagents across the country. While users can only buy the cryptocurrency with Australian dollars right now, the exchange said it plans to support more cryptocurrencies and fiat options in the future. Full Story
BULL TARGET:  Bitcoin's stalled recovery rally from the lows near $3,650 could gather pace if resistance at $4,040 is scaled. That would validate a bullish outside reversal candle created in the three days to March 16 and open the doors to recent highs near $4,200. Right now, though, it's proving a tough nut to crack. Full Story​

BEST OF THE BEST

ZOMBIE MALWARE: A Trojan-style malware variant called Cardinal RAT that was first spotted in 2017 is back from the dead and targeting fintech and cryptocurrency trading software firms in Israel, according to The Next Web. The malware appears to have evolved to have new features that help it “evade detection and hinder analysis,” Palo Alto Networks’ Unit 42 said in a report. Cardinal RAT uses data hidden in a Bitmap (BMP) image file that looks harmless, but embeds its malicious code when opened in an attempt to steal passwords, usernames and other data.

THE REST

EXPANDING LUNIVERSE: Dunamu, the fintech arm of Korean messaging app giant Kakao, has launched a blockchain-as-a-business platform called Luniverse. Korea JoongAng Daily reports that the platform is aimed to help businesses that might struggle to develop blockchain-based services independently. For the offering, Dunamu has partnered with third-party firms to provide blockchain apps and solutions across different areas such as healthcare or gaming.

BLOCKCHAIN TRILLIONS: Organizations today are increasingly faced with challenges over the need to manage data and transactions among numerous untrusted parties. And that presents an opportunity for blockchain, according to a new report from tech giant Cisco. With blockchain’s ability to provide transparency and security, and to remove complexity by doing away with middlemen, the tech is expected to “deliver efficiencies and new business value in excess of $3 trillion by 2030,” the report says.

WHO WON #CRYPTOTWITTER

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You're Invited to Join our New Discourse Forum 💬

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Hello,

 

I want to inform you about an important update affecting our communication around Lisk Improvement Proposals. 

We heard you loud and clear. The Mailing List wasn't the ideal forum for you to give feedback on LIPs. 
 

Today we are unveiling a Discourse Forum where everyone can post feedback, receive support, and have questions answered directly by our team. For more details on this update, read about it on our blog.
                 

With the Alpha SDK release on the horizon, increasing transparency into what we're building at Lisk is a top priority. I sincerely hope you'll give a try!

 

~Mat, Community Lead @ Lightcurve


                               
 

To contact me for anything community related:

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[2019 Speakers] Coming to the Consensus Stage....

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A FEW OF OUR FEATURED SPEAKERS

Like you, we're counting down the days to Consensus, May 13-15, 2019 in New York, NY! With only a few months until the leading blockchain event of the year, we're thrilled to share some of our featured speakers!
RESERVE MY PASS
Amber Baldet
Co-Founder & CEO, Clovyr

When J.P. Morgan needed an expert for their blockchain initiative they turned to Amber Baldet. She later went on to launch her startup, Clovyr, at Consensus 2018 to help developers build better blockchain applications whether permissioned or public. 
Erik Voorhees
CEO, Shapeshift

Just a small fraction of the crypto industry can claim to have been around since the beginning, and Erik Voorhees is one of them. From his early days leading startups such as Bitinstant to his current successful venture ShapShift.io, Voorhees has proven himself an industry titan. Hear him speak in May! 
 
Caitlin Long
Co-Founder, Wyoming Blockchain Coalition

Caitlin Long built a remarkable career on Wall Street at firms including Morgan Stanley and Credit Suite. As of late, she’s known for trailblazing the path to favorable legislation in Wyoming, starting the Wyoming Blockchain Coalition to ensure her home-state would be a welcoming state for crypto businesses.

Dan Morehead
CEO, Pantera Capital 

Formally the head of macro trading and CFO at Tiger Management, Dan Morehead found the blockchain edge before many other investors. Starting Pantera Capital in 2013, Morehead became a leader by investing in major cryptocurrencies as well as funding many early businesses forming within the industry. Hear him speak at Consensus!


 
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Tuesday, March 19, 2019

Satoshi Quote / ETF Criticism / World Wire / Bithumb Layoffs

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$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…

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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  

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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

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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

IBM signs six banks for World Wire
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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

Bithumb laying off 50 percent of staff
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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

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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).

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