CRYPTO WEEKLY 18th May 2018

 

THE MARKETS

  • BTC: $7,998.00 | -$632.50 (-7.33%) since last week
  • ETH: $668.67 | -$21.17 (-3.07%) since last week
  • LTC: $131.20 | -$9.36 (-6.62%) since last week

The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers
An excellent look at Xapo, a startup that has built a network of underground vaults on five continents, including one in a decommissioned Swiss military bunk, to safeguard keys to a vast digital fortune.Ripple is going after startups to build an ecosystem around the XRP cryptocurrency
Ripple has announced a new initiative called Xpring — pronounced ‘Spring’ — which will use a mixture of investment, grants, and incubation to bring entrepreneurs and their businesses over to XRP.

Two Healthcare Tech Firms Establish New Field Of Data Economics Using Blockchain
Two blockchain groups initiate a research collaboration to develop a platform for the storage, management, and exchange of genomic data.

The SEC created a cryptocurrency site to warn investors about ICO scams
The agency created a satirical cryptocurrency and website called HoweyCoins, complete with a nine-page white paper as a warning to investors of what to watch out for when investing in blockchain projects.

Coinbase’s first investment, Compound, earns you interest on crypto
Most cryptocurrency is shoved in a wallet, failing to generate interest the way traditionally banked assets do. But Compound wants to create liquid money markets for cryptocurrency by algorithmically setting interest rates, and letting you gamble by borrowing and then short-selling coins you think will sink.

VC firm SparkLabs launches a security token to let anyone invest in its accelerator programs
SparkLabs, a U.S.-Korean firm that runs multiple global funds and early-stage accelerator programs, is aiming to “democratize” investment opportunities by allowing anyone to buy into two of their accelerator programs via a token, which will essentially let them become LP-like investors.

Cryptocurrency Startup Circle Raised $110M For Ethereum Coin Backed By U.S. Dollars
Circle raised the largest venture capital investment in blockchain history with a $110 million deal that could value the company at $3 billion to build its vision for global fiat currencies being run on a blockchain.

How Blockchain Could Revolutionize the Energy Industry
A must watch video with Dominic McCann, BTL Group chief executive officer, talking with Bloomberg’s Alix Steel about the opportunities blockchain technology offers to the energy industry.

Cathay Pacific Launches Blockchain Rewards Program for Flyers
Cathay Pacific’s blockchain rollout will first power a new mobile application and platform, developed by technology partner Accenture, dubbed ‘Unlock More Miles’. The marketing campaign ties in with a dining promotion in Hong Kong wherein members of ‘Asia Miles’ – Cathay Pacific’s rewards program – see air miles credited to their accounts within a day of earning them.

COMMUNITY NEWS

  • Zcash Invests in StarkWare Industries. Link
  • Bitcoin Developers Build Prototype for ‘Dandelion’ Privacy Tool. Link
  • Meet BlackBox, a Bitcoin Mining Datacenter made out of a shipping container. Link
  • Toshi to expand beyond Ethereum and ERC20/721. Link
  • There are just 4 copies of CryptoList priced at $299 remaining. Link
  • Meet App.co, a universal dapp store that allows you to discover decentralized apps. Link
  • Binance to postpone listing of TrueUSD . Link
  • How to use Trivial.co to explore the Ethereum network. Link
  • ConsenSys to create 60 jobs with new Dublin studio. Link
  • Brickblock raises €5 million from Finch Capital. Link
  • Messaging giant LINE (w/ 200m users) partners with blockchain project ICON. Link
  • Coinbase announces a suite of products for institutional investors. Link
Edited by Chris Osborne in Malta (in town? reach out to get a coffee). Check out CryptoList if you haven’t already. More info on sponsoring a future edition of CryptoWeekly can be found here. Reply to this email if you have any feedback and/or suggestions. Thanks for reading.

Nothing shared or published by CryptoWeekly constitutes an investment recommendation, nor should any data or content published by CryptoWeekly be relied upon for any investment activities. CryptoWeekly strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.

Copyright © 2018 CryptoWeekly. All rights reserved.

 

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.

Terms of Website Use

All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned