ETC Cooperative AGM 2020 – New Governance In Place

The Annual General Meeting for the ETC Cooperative was held today at 12.30pm EDT: ETC Coop 2020 Agenda One of the primary tasks assigned to me when I joined the ETC Cooperative as Executive Director just over a year ago was "design and put in place a new governance structure for the ETC Coop". That work has taken another step forward today as the culmination of months of work alongside our new Treasurer, Alison Alexis CPA, who has been instrumental to our progress. Two Resolutions were passed today, which strengthened our Board of Directors and put the new governance policies, processes and procedures in place to enhance the ETC Cooperative's transparency and overall mission: ETC Coop 2020 Resolutions (Election and Resignation of Directors) ETC Coop 2020 Resolutions (Election and Removal of Officers, Approving Policies and Corporation Governance Documentation) Documents describing our new governance as well as our roadmap for 2020, our goals and means of self-assessment and our Budget: ETC Coop 2020 Roadmap ETC Coop 2020 Goals & Objectives ETC Coop 2020 Budget ETC Coop Governance Manual ETC Coop Document Retention Policy ETC Coop Gift and Donation Policy ETC Coop Whistleblower Policy The etccooperative.org website will be updated with this content, plus all prior resolutions, over the next week or so. We are still working on completing the 2019 Retrospective which is about 60 pages of information and builds on the transparency that the ETC Cooperative has demonstrated with the 2018 mid-year and end-of-year reports. Here are the By-Laws, IRS determination letter and our 990 filing with the IRS for the 2018 tax year: ETCC-Inc.-By-Laws-EXECUTED-05-10-18 (By-Laws passed in 2018) ETC Cooperative – 501(c)(3) – IRS Approved – Contains EIN (Determination letter) ETC Coop 2018 Form 990 (Filing with the IRS) The process for 2019 filings will be starting soon, in accordance with statutory deadlines. I am delighted to welcome our new Directors, who should be familiar faces to most people, as we continue our mission of accelerating the growth of Ethereum Classic. Roy Zou (邹来辉) has engaged in Cryptocurrency community since 2011, doing some translating and educating job for the blockchain Chinese community. Roy created a Blockchain company named BITKIO where he serves CEO to focus on smart devices and Blockchain in 2015. In 2017, he co-founded a Blockchain venture studio named Gödel Labs (哥德尔实验室) which is dedicated to researching the Blockchain protocol-level technology, the future potential applications of Blockchain. Gödel labs also is doing education, investment and incubator for Blockchain projects. Roy is an organizer of Chinese community of Bitcoin, Dogecoin, Ethereum and Ethereum Classic. Roy was elected as Secretary General of Ethereum Classic Consortium (China) founded in September 2016, which is an alliance of Chinese blockchain community to foster ETC and the essence of Blockchain. Roy also was one of the advisors of ETCDEV Team Elaine Ou is a blockchain engineer at Global Financial Access in San Francisco. Previously she was a lecturer in the electrical and information engineering department at the University of Sydney. Like Roy, she was previously an advisor to ETCDEV, and is an ETC OG. "I am honored to be a part of the ETC Cooperative Board, and confident that ETC Coop will continue to make formative contributions to the ETC ecosystem." - Elaine Ou Craig Salm is the Director, Legal at Grayscale Investments ®, and joins the Board of Directors as Chair. "Grayscale Investments has always supported ETC Coop and their mission to accelerate the growth of Ethereum Classic. I look forward to continuing our involvement with the organization by becoming a member of the board." - Craig Salm Craig Salm is the Director, Legal at Grayscale Investments, the world's largest digital currency asset manager with more than $1.7 billion in assets under management across its family of 10 products – all of which provide access and exposure to the digital currency asset class in the form of a traditional security without the challenges of buying, storing, and safekeeping digital currencies directly. In this role, Craig oversees the daily legal and regulatory operations of the business and its products. Prior to joining Grayscale, Craig was a corporate associate at Paul Weiss and a member of its Capital Markets & Securities Group. His practice focused primarily on representing issuers, private equity sponsors, investment banks, hedge funds, and other stakeholders in corporate finance transactions as well as advising on securities law and corporate governance matters. Craig earned his Bachelor of Science from the University of Michigan and his Juris Doctor from the Benjamin N. Cardozo School of Law. Craig serves as a member of the Crypto Ratings Council (CRC) and the Blockchain Association as a co-chair of the Securities Law Working Group. Barry Silbert and Cody Burns continue in the Board roles they have held since the conversion of ETC Cooperative Inc from an LLC into a 501(c)(3) in May 2018. I am delighted that we have been able to bring this new governance to life and look forward to sharing the 2019 Retrospective in the coming weeks. Bob Summerwill, Executive Director, 17th March 2020 ETC Cooperative 250 Park Ave S, New York NY 10003 United States You received this email because you signed up on our website or made a purchase from us. Unsubscribe

Sweden's bid to hold crypto innovation hub / BlockFi is increasing interest rates effective April 1 / Coinbase Card for Android integrates with Google Pay

Inside Cryptocurrency .

Presented by Subscribe | View in browser Market Watch: Tuesday trading is seeing a positive move for coin prices with most of them in the green today. Bitcoin is up over 12 percent in a 24-hour period, but still has some catching up to do to reclaim its value of over $10,000, which it achieved back in February. Bitcoin: $5,281 (⬆️ 12.53%) // $96.5 billion market cap. Ethereum: $116 (⬆️ 8.53%) // $12.8 billion market cap. XRP: $0.147 (⬆️8.40%) // $6.4 billion market cap. Tether: $1.01 (⬇️ 0.17%) // $4.6 billion market cap. Top 100 Winner: Dragon Coins: $0.102 (⬆️ 63.35%) // $35 million market cap.  Top 100 Loser: Paxos Standard: $1.00 (⬇️ 0.90%) // $223 million market cap.  Prices are as of 12:30 p.m. ET. 1. Sweden's central bank, the Riksbank, is bidding to host a Bank for International Settlements (BIS) Innovation Hub for digital currency research. In a petition to the Swedish parliament, the central bank states that it "wishes to put itself forward as a candidate for the establishment of such an innovation hub in Sweden and needs to undertake to co-finance the hub's activities." However, it goes on to add that as the Riksbank can't currency finance these activities, it wishes to propose an amendment to the Sveriges Riksbank Act so that it can finance such activities in the country. Turning its attention to central bank digital currencies (CBDCs), such as the e-krona, the petition reads: "Given that the Riksbank has already come a long way in analyzing CBDC, it can, just as BIS requires from a hub, quickly supply analyses on the basis of already established collaboration between the public sector, private sector, academics and other central banks." Riksbank is asking parliament to allocate $3,203,500 a year for five years of Innovation Hub operations. -RIKSBANK 2. Crypto lender BlockFi is increasing interest rates on Bitcoin and Ether, effective April 1. To read the full story Click here to upgrade to premium! Subscribe Now A MESSAGE FROM LINKEDIN LEARNING Learn In-demand Skills to Achieve Your Professional Goals  People who learn are 24% more likely to feel happy at work. Achieve your professional goals by learning practical skills using LinkedIn Learning personalized online courses taught by real-world expert instructors.  Start Your Free Trial 3. Coinbase Card users who have Android phones no longer have to use the physical card. In an announcement from today, crypto platform Coinbase said that this was made possible through an integration with Google Pay. Google Pay copies the physical card for offline buys through the phone's near-field communication (NFC) chip. Both smartphones and smartwatches can be used with it. From today, Coinbase Card payments using Google Pay are available to customers in Belgium, Croatia, the Czech Republic, Denmark, Finland, France, Italy, Poland, Slovakia, Spain, the Republic of Ireland, and the U.K., according to the announcement. Coinbase adds that it is working to expand to other European countries later this year. The platform said: "With Google Pay, Android users can pay for everything from daily travel to end-of-year getaways using their crypto in the safest possible way." -COINBASE 4. Tim Draper, billionaire and Bitcoin bull, is stepping into the world of decentralized finance (DeFi). In an announcement from yesterday, it was reported that he was investing in DeFi Money Markets DAO (DMM DAO). It reads that Draper and the team at Draper Goren Holm Ventures, a fintech venture capital fund focused on rapidly growing blockchain startups, have purchased a stake in the form of DMG, a soon-to-be-released governance token that will run the DMM DAO. According to the announcement, "the DMG token will offer holders the right to vote and direct the system that bridges the gap between real-world assets and the new on-chain economy." Explaining the DMM protocol, the post reads that it "acts as a bridge between Ethereum digital assets and real-world assets allowing holders to earn interest completely on-chain." Going further, the notice points out that the protocol "leverages the best of blockchain and real-world assets to provide stable 6.25% earned interest income to consumers." -DMM FOUNDATION/MEDIUM 5. Opera's mobile and desktop browsers is expanding its crypto payment options for U.S. users, enabling them to purchase Bitcoin and Ether through Apple Pay and debit cards. To read the full story Click here to upgrade to premium! Subscribe Now 6. DomainTool's research team has discovered a fake coronavirus Android app that attempts to claim a Bitcoin ransom. To read the full story Click here to upgrade to premium! Subscribe Now 7. Mike Novogratz, CEO and founder of Galaxy Digital, has said there are three common and costly mistakes traders often make. Novogratz, a former Goldman Sachs partner, was highlighting these points during an Off the Chain podcast with host Anthony Pompliano. This is what Novogratz had to say: "The biggest mistake that people make is that, when a market breaks, everyone thinks it's time to get back in way too early. Shit always gets worse than you think it's going to. I sometimes make the mistake, but I tell myself 'Hey, when you want to buy something, go on a long walk, then come back a week later and look at it,' and it's usually worse off. Once they start going bad, they kind of stay bad for a while." "Pick a story where the fundamentals are turning positive, are things getting better at the margins, or worse at the margins? So, if you can see things turning better at the margins, that usually starts the cycle where things get better." "This doesn't mean you can't buy bombed out things and sell them, but what you're really trying to do, when there is this evisceration, is buy things that you can hold for a long time." Turning his attention to Bitcoin, he said that he doesn't "think we'll see an acceleration of Bitcoin unless we see there's deflation." His remarks come at a time when he claims that investors have lost confidence in Bitcoin. Posting a tweet last Friday, Novogratz said: "$btc was always a confidence game. All crypto is. And it appears global confidence in just about anything has evaporated. What brings it back to $btc." -OFF THE CHAIN/YOUTUBE 8. Motor manufacturer Toyota, along with Toyota Financial Services Corporation, has announced that its Toyota Blockchain Lab - first launched last April - is seeking to boost its blockchain technology initiatives. To read the full story Click here to upgrade to premium! Subscribe Now 9. Market participants have said that retail crypto investors are doing most of the buying as institutional investors sell their Bitcoin along with stocks amid the coronavirus global sell-off. To read the full story Click here to upgrade to premium! Subscribe Now 10. In Case You Missed It (ICYMI): There should be a virtual currency for toilet paper. To read the full story Click here to upgrade to premium! Subscribe Now This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter. Edited by Beth Duckett, staff writer at Inside. Ad Learn In-demand Skills to Achieve Your Professional Goals.

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Some EthCC attendees test positive for coronavirus / Bakkt Cash in beta with Starbucks / RBZ wants to regulate crypto with sandbox

Inside Cryptocurrency .

Presented by Subscribe | View in browser Market Watch: Following a drop in market prices last week, the industry remains down across the board during Monday trading, with the total market cap totaling $142.8 billion, a decline from $242 billion at the start of March. Bitcoin: $5,045 (⬇️ 5.49%) // $92 billion market cap. Ethereum: $113 (⬇️ 8.99%) // $12.5 billion market cap. XRP: $0.145 (⬇️ 6.35%) // $6.2 billion market cap. Tether: 1.00 (⬆️ 0.22%) // $4.6 billion market cap. Top 100 Winner: STASIS EURO: $1.08 (⬆️ 2.38%) // $34 million market cap.  Top 100 Loser: Komodo: $0.274 (⬇️ 25.56%) // $32 million market cap.  Prices are as of 12:30 p.m. ET. 1. The Cardano Foundation has announced that Z/Yen Group Limited (UK) has initiated legal proceedings against it. The announcement was made on Cardano's website today. Z/Yen Group Limited is a fintech think tank and a former research partner of the foundation. Cardano states that the "proceedings relate to an alleged agreement between the Z/Yen Group Limited and the Cardano Foundation dated July 2017." It doesn't present any further information as to what the agreement was due to the ongoing judiciary process, simply adding that the "Cardano Foundation voided/terminated the agreement for various reasons." -CARDANO FOUNDATION 2. More than a dozen people who attended the EthCC conference in Paris, which took place at the start of March, have tested positive for coronavirus. A list, which has not been confirmed in full, was posted on Twitter over the weekend. According to one attendee, in her 20s, who may have contracted the virus from her partner, there weren't many precautions taken at the event. She said: "There were a few people with masks and hand sanitizer, but not many. Most of the EthCC attendees were young and still thinking the virus wouldn't affect them." She went on to say that she was surprised the conference wasn't canceled and held virtually instead. Ethereum co-founder Joe Lubin and Ethereum creator Vitalik Buterin were both at the event; however, Buterin tweeted to say he had no symptoms. -COIN DESK A MESSAGE FROM ZENLEDGER The IRS Can Track Your Crypto. Complete Your Crypto Taxes within Minutes If you are based in the US, you must submit your tax returns to the IRS by April 15. This should include information about your crypto gains and losses. Taxes are stressful, crypto taxes are even worse. ZenLedger automates your crypto taxes by providing you with the full audit of your crypto gains and losses, and auto-populating the most popular IRS forms. Learn More 3. Bakkt, whose parent company is the Intercontinental Exchange (ICE), has teamed up with Starbucks, with some users of the Starbuck mobile app presented with Bakkt Cash as a payment option. Last October, it was reported that Bakkt was working on consumer apps for digital assets and that it was going to launch its first one with Starbucks. At the time, it was noted that the consumer app would be tested in the first half of 2020. Mike Blandina, chief product officer at Bakkt, said in October that "Bakkt's approach to secure technology, privacy and innovation means that we are an advocate for consumers who have yet to enter the digital asset space." In today's announcement, Starbucks said that the Bakkt Cash option is only in limited beta for now. Bakkt president Adam White announced the integration on Twitter. -@WHITEADAML/TWITTER 4. The Reserve Bank of Zimbabwe (RBZ) wants to regulate crypto in the country after developing a regulatory sandbox for companies. Josephat Mutepfa, RBZ's deputy director for financial markets and national payment systems, announced that the regulations would ensure that crypto companies are screened so as to meet regulatory requirements, adding: "The framework, which is a regulatory sandbox, will be assessing the crypto-currency companies as to how they are going to operate." Mutepfa went on to note that those who enter the sandbox are either "a bonafide product to enter the market," one that needs guidance or one that requires a license. According to the deputy director, the decision to regulate crypto comes as the industry is "largely tapped by the young generation and in most cases, they are facing challenges of having capital." This is a change of direction for the RBZ, considering that in 2018 it banned financial institutions from dealing with all crypto dealings. -CHRONICLE A MESSAGE FROM WANTED Set your salary and get offers that commit to meet it. Wanted helps tech talent find a job at their desired pay. Just plug in your salary, and only companies prepared to meet it get the chance to recruit you.  Stay completely anonymous until you agree to an interview. Try Wanted Now 5. Nik Bougalis, cryptographer and leading C++ software engineer at Ripple, has taken to Twitter to offer advice on working from home to companies amid the coronavirus pandemic. In a post from today, Bougalis said: "I've worked remotely for over 20 years and I'm currently leading a large, fully distributed team at @Ripple." He added that if there was anyone new to remote work, particularly as a manager, and has questions, then they should send them across to him - saying that he would try his best to provide "insight." One user asked how they could make sure their employees weren't taking longer to finish tasks. Bougalis replied by saying that this was a "common concern," and that the team was hired for a reason, adding: "trust your team to continue to do good work." -@NBOUGALIS/TWITTER 6. A crypto market analyst has come under criticism for allegedly faking several screenshots that gave the impression that his trades did better than they actually did. A user by the name of King took a screenshot of someone called Jacob Canfield, an individual purported to be the "#1 cryptocurrency analyst" on Twitter. King wrote "Well @JacobCanfield is telling people that since I caught him posting 10+ photoshopped positions that it was 'early on in his twitter career,'" adding that Canfield had "posted this literally yesterday." Canfield admitted that he had photoshopped "a handful of trades" on the social platform "to make them look better" on March 13. The post has now been deleted. The following day, King posted screenshots stating that Canfield had changed a screenshot to show his returns from seven Bitcoins to 15.59. King claims to have evidence of 10 images that have been altered. -@TRAPOUTS/TWITTER 7. Crypto exchange Binance has announced trading pairs for Tezos, which started today at 0900 EST. In a blog post, the platform said: "Binance.US users can now start depositing USD, BUSD, or XTZ to their Binance.US wallets in preparation for trading to go live." According to CoinMarketCap, the price of XTZ is currently valued at $1.33. The addition of Tezos comes at the crypto market across the board remains in the red following last weeks sharp decline in value in response to the coronavirus. -BINANCE 8. Senegalese-American singer, songwriter, and entrepreneur Akon has released the whitepaper for his soon-to-be-launched Akoin coin. According to the document, the cryptocurrency is "designed for entrepreneurs in the rising economies of Africa and beyond" while its "mission is to unlock the potential of the world's largest growing workforce by creating learning, earning, spending, and saving opportunities across Africa and other lean economies." At the end of February, it was reported that Akon chose the Stellar network to launch his coin, which is to be released later this year. Earlier this month, the singer teamed up with BitMinutes, a prepaid airtime token, which is working to launch a decentralized application (dapp) on the network. -COINTELEGRAPH 9. A senior employee working at internet company Baidu has been arrested after he allegedly downloaded Monero mining scripts on 200 Baidu servers between April and June 2018. The employee - named An Bang - mined for the privacy coin before selling it $14,300. Bang was eventually discovered after the extra load was noticed by the organization, who then informed the police. Bang was sentenced to three years in prison and fined $1,570 in sentencing last month. Even though China has banned crypto trading, it hasn't prohibited mining, even though it attempted to last September. -ABACUS 10. Crypto exchange CoinDCX is set to allocate $1.3 million in funding to boost awareness and adoption of cryptocurrencies in India. That's according to an announcement from the company. The money will go towards a long-term project called TryCrypto, which aims to introduce 50 million Indian consumers into the crypto world. Sumit Gupta, CEO and co-founder at CoinDCX, said: "Only 5 million people in India currently hold cryptocurrencies—less than 0.5% of the population. We believe, however, that by educating consumers and combating negative preconceptions of the industry we can boost the number from 5 million to 50 million, so that everyone can unlock the benefits of digital assets." -TOKEN POST This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter. Edited by Beth Duckett, staff writer at Inside. Ad Set your salary and let your dream job find you. Try Wanted Now.

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