Wednesday, April 17, 2019

Shrettlement

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April 17, 2019
IT'S SETTLED: Capping an eight-month court battle, Cameron and Tyler Winklevoss have settled their lawsuit against fellow early bitcoin entrepreneur Charlie Shrem over $26 million worth of bitcoin they claimed he owed them. Terms of the settlement are confidential. Full story

SEGWIT SUPPORT: Speaking of the Winklevii, their Gemini exchange has added "full" support for SegWit, an important bitcoin code change that paves the way for scaling improvements. While many bitcoin companies have adopted SegWit to some degree, Gemini is the largest bitcoin exchange thus far to integrate the less supported native SegWit addresses. Gemini head of communications Carolyn Vadino told CoinDesk: "Our choice to use native SegWit addresses was based on many factors including block space savings as well as safety concerns. As SegWit's use, support, and adoption grows, it will help reduce fees, wait times, and network congestion."  Full story

FREE CODE: Big Four professional services firm EY is rolling out software designed to help corporate clients use the ethereum blockchain – and it’s taken an unusual step to encourage adoption. Announced Tuesday, EY’s protocol, internally code-named Nightfall, uses zero-knowledge proofs to allow private transactions on a shared ledger. Unlike most such endeavors, EY’s software is intended to run on top of the public ethereum network, not a private variant. And further setting the project apart is that EY is making the product free, with no license at all. Full story

SALE FRENZY: Crypto exchange Gate.io has raised $64 million-worth of crypto assets in seven days for its own exchange cryptocurrency that won’t be launched on a blockchain for at least six months. One of the oldest Chinese exchanges, the firm claims the sale was heavily oversubscribed with orders totaling $2.99 billion for so-called Gate Points, which can be used to offset trading fees on the platform. Moreover, each Gate Point further entitles a holder to receive 2.5 Gate Tokens, the native cryptocurrency of Gatechain, the exchange’s yet-to-be-launched proprietary blockchain. Full story

CRYPTO DELISTINGS: San Francisco-based exchange Kraken announced Tuesday that it will no longer support the cryptocurrency bitcoin SV (BSV) amid an ongoing feud between the coin’s creator Craig Wright and outspoken members of the bitcoin community. The move follows announcements by Binance and ShapeShift that they are delisting BSV in response to Wright’s lawsuit threats against a pseudonymous Twitter user and a podcaster. Full story
PRICE CEILING: Bitcoin closed well above $5,190 yesterday, invalidating Monday's bearish outside reversal candle. Prices, however, are struggling again to find acceptance above the three-day chart’s 50-candle moving average (MA), currently at $5,239. Further, the hourly chart indicators are diverging in favor of the bears and a fall back below $5,100 cannot be ruled out. That said, a sustained move above the MA resistance may embolden the bulls. Full story
BEST OF THE BEST

POKEKITTIES? A new blockchain game from Chinese web giant Tencent is like a blend of Pokémon Go and CryptoKitties, according to the South China Morning Post. Using augmented reality, "Let’s Hunt Monsters” lets players roam around catching monsters, while rearing and trading digital cats stored on a blockchain. As the piece points out, Pokémon Go can’t be used in China as Google Maps, on which it relies, is banned. Similarly, CryptoKitties requires the use of ether tokens, which also can’t be legally used in the country. Hence, Tencent is neatly filling the gap.

THE REST

TRANSACTIONS SURGE: The number of cross-border transactions recorded on blockchain networks is set to climb to 1.3 billion by 2023, according to data from Juniper Research. The firm says, therefore, that the value of all blockchain transactions will reach “an unprecedented” $3.4 trillion over the next 5 years. Juniper also found that smart contracts will be a key technology for financial institutions, especially in boosting accuracy and transparency.

VIRGINIA VOTING: Last year, West Virginia became the first U.S. state to use mobile blockchain voting in a midterm election, and it plans to do so again for the presidential vote coming up in 2020. Long Hash spoke to the state’s elections director, Donald Kersey, who said that while there were some issues with the midterm trial, it saw a very positive response. Further, making it easier for military posted overseas to cast their votes overrides any slight problems, as few personnel bother due to issues with traditional methods.

WHO WON #CRYPTOTWITTER

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Tuesday, April 16, 2019

Open Me Soon. $400 in Savings Expires at 11:59 ET

The Most Important Consensus Update Yet
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Hi 👋! 

I'm Markiesha from CoinDesk. For the last few months I've sent you updates and information about Consensus, May 13-15, 2019 in New York, NY, but this is the most important update yet: Today is the last chance to save $400 on your full conference pass before prices increase at midnight. Don't wait!

This time tomorrow, they’ll be $1,999. 
SAVE $400 TODAY
Still need a reason to attend this year's event? Here's three:
  • Reason #1: There will be thousands of attendees from around the globe, all in one place, eager to build, discover and enhance the future of blockchain and crypto technology. 🔮
  • Reason #2: Can't miss sessions like: Stake it 'til you make it…, Bank to the future? and Herding Cats are just some of the breakouts that will keep you glued to your seats and curious to learn more. (No cats were harmed in the naming of these sessions 🐱)
  • Reason #3: Nowhere else will you be able to see a gentleman in a unicorn costume and the CFO of one of the world's largest hedge funds debate the merits of crypto and the impact on financial institutions. 🦄

Maybe I'll sport a Unicorn-inspired do' at Consensus 🤔, but I digress…  

Consensus is going to be educational, inspiring, thought-provoking and most importantly FUN! So get your savings today before time runs out! 

Look forward to seeing you in May! 
REGISTER TODAY
REMINDER: Space in our competitively priced room blocks is booking up fast! Be sure to book your accommodations at any of our select hotel partners. 
Space is limited.  

FAQs: Have any questions or concerns? Check these out or just reply to this email. We'll get back to you quickly!
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Treasure hunt

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April 16, 2019
BITCOIN PRIZE: A new alternate reality game called “Satoshi’s Treasure” has hidden the keys to $1 million-worth of bitcoin across the globe. Revealed exclusively to CoinDesk, the keys to a bitcoin wallet were divided into 1,000 fragments, and a minimum of 400 key fragments are needed to access the funds. The game itself has no rules. Players can collect and unravel clues any way they want, even selling leads if they desire. “Forget about the rules, just go goddamn play,” said Primitive Ventures co-founder Eric Meltzer, the game’s co-creator. Full Story

SEEKING FUNDING: Ethereum co-founder Joe Lubin’s Brooklyn-based venture studio ConsenSys is looking to raise $200 million from external investors, The Information reported Monday, at a valuation of $1 billion. ConsenSys is reportedly pitching Chinese investors with materials claiming the company aims to earn $50 million in revenue this year. While previously bootstrapped by Lubin, after the price of ethereum plummeted last year, the firm re-organized and it became clear that partnerships with traditional, external investors were a priority. Full Story

NEW APPS: Cryptocurrency data provider CoinMarketCap has launched its first Android app and revamped its Apple iOS product. Notably, the new products offer features not yet available on CoinMarketCap’s website, including portfolio tracking, candlestick charts and side-by-side cryptocurrency comparisons, as well as price alerts and user accounts, the data provider said Tuesday. “We believe that our users will like the new style and the features we’ve added,” said the firm’s global head of marketing, Carylyne Chan. Full Story

ETORO EXPANDS: The blockchain subsidiary of social investing platform eToro has launched a cryptocurrency exchange. The new platform is being run by eToroX, which is regulated by the Gibraltar Financial Services Commission, the firm said Tuesday. Trading in six cryptocurrencies will be offered at launch, including bitcoin (BTC), bitcoin cash (BCH), ether (ETH) and XRP. The firm is additionally issuing eToro-branded tokens pegged to eight fiat currencies, including the eToro United States dollar (USDEX), eToro Japanese yen (JPYX) and eToro Euro (EURX). More crypto and stablecoin additions are expected soon. Full Story
DIP COMING? Bitcoin's bounce from Friday's low of $4,912 ended up creating a bearish outside reversal candle yesterday. The candlestick pattern validates the bull exhaustion signaled by last week's doji candle and indicates scope for a deeper pullback below $4,900. The short-term bearish case, however, would be invalidated if prices close today above $5,192. Full Story​
BEST OF THE BEST

FRENCH FRAMEWORK: After bringing in a regulatory framework for cryptocurrencies last week, France is to push for rules to be adopted across the EU, Reuters reports.The new cryptocurrency bill will provide a licensing scheme for crypto firms and is aimed to encourage such firms to set up in France, while at the same time ensuring taxes will be paid on profits. Finance minister Bruno Le Maire said at a Paris blockchain event, “I will propose to my European partners that we set up a single regulatory framework on crypto-assets inspired by the French experience. Our model is the right one.”

THE REST

FUNDS ONBOARD: Ninety-four percent of endowment funds have some level of cryptocurrency investment, according to data cited in a Finance Magnates report. A late 2018 survey of 150 U.K., U.S. and Canada fund managers found that of those with a crypto stake, 54 percent had invested directly in digital assets, while the remainder had invested in funds backed by cryptos.

CRYPTO TRIPS: U.K.-based business travel management firm Corporate Traveller has teamed up with cryptocurrency payments provider BitPay to accept bitcoin and bitcoin cash payments for bookings. “We identified an increasing demand from our clients for the option to pay in bitcoin for business travel bookings,” said Andy Hegley, U.K. general manager at Corporate Traveller.
 

WHO WON #CRYPTOTWITTER

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Stellar Roundup - April 2019

Monthly Roundup

April 2019

Stellar Ecosystem Updates

Stellar has launched as Coinbase's largest Earn partner to-date. In conjunction with their team, we've created five videos that explain Stellar's features and uses. Learn more here.

 
IBM announced the launch of World Wire, a real-time global payments system built on the Stellar network. SDF recently sat down to talk with Jesse Lund, Vice President of IBM Blockchain, to get his take on Stellar and World Wire and why the two platforms make sense together.
 

Smartlands, which recently became fully FCA-regulated has launched their inaugural STO with the tokenization of a student dormitory in the United Kingdom. The team is working towards obtaining a MTF license that will permit secondary trading for these and future security issuances on the Smartlands platform.

 

BlockPark has launched Stellar-based Blok Tokens, which represent tokenized shares of equity in a mixed-use residential/commercial property development in downtown Las Vegas. Blok Tokens entitle holders to dividends and serve as a medium of exchange in their forthcoming SaaS property management software. 

SDF New Hires

 

Kolten Bergeron, Community Manager

Before joining Stellar, Kolten worked in the sports and esports industries as a social media coordinator and video editor.

 

Kyle McCollom, Product Manager - Stellar.org

Kyle used to run Lumenauts.com and now works on Stellar.org. He is a fan of light electric vehicles and making margs.

 

Becca Miller, Social Media Strategy, Consultant

Previously at Call of Duty and Vice, Becca now works on the Community team at Stellar. Catch her at karaoke, Korean bbq, or weird Oakland house parties.

 

Bruno Müller, Product

Bruno used to work as Chief Design Officer at Cheesecake Labs, a software design and development company in Brazil. Bruno is a big fan of art, video games and craft beer.

 

Alex Cordeiro, Senior Platform Engineer

Alex co-founded and is the former COO of Cheesecake Labs, a software design and development company in Brazil. Alex loves writing, playing guitar and coding in weird programming languages.
 

We are hiring! Apply today.

Stellar Community Articles

Drafting Off-Chain Account Metadata for Stellar Network

"'Metadata' sounds quite mysterious and certainly obscure. Why do we need it at all? Stellar works quite well as-is, so why should we try to invent this strange conceptual something something?"

Help! I forgot my Stellar Memo

"I recently transferred lumens from one exchange to another. My transaction is confirmed on the blockchain, but I'm not receiving them in my exchange account. Can you guys help?"

Stellar Developer Updates

Community Developer Releases

Stellar Events

Upcoming
Berlin Cluster Meetup - May 9
Workshop: Create your own Stellar Token (Crypto-Asset) in Munich - April 30
Past

Project Releases

Pedity platform has moved to the live Stellar network in Alpha 0.2.

Solar Wallet has opened sign-ups for early access testing of its Android and IOS wallet.

Stellarport has released a desktop app for Windows.

HTC Exodus, Zion Vault, now supports Stellar lumens.

Scopuly, an SDEX wallet and interface, has relaunched with an upgraded UI and feature set.

ButtonWallet, a telegram-based wallet, has added Lumens support.

Trust Wallet now supports Stellar Lumens.

Interstellar Exchange has released a new desktop interface and Multisig Plus.

Task.io is a platform where people can create or discover projects. It's a place where tasks are completed, activities are verified, and people are rewarded with locally relevant Stellar-based tokens for taking part.
 

DISCLAIMER:  Stellar.org does not endorse any third party organizations that are named in this and/or any other communication(s). Please conduct due diligence and interact with these organizations at your discretion.

Safety Policy: The Stellar team will NEVER ask you for your private keys. We will NEVER ask you to deposit funds to any wallet address. Read our Security Guide for more information.

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