CRYPTO WEEKLY 1st May 2018 - Share Talk

CRYPTO WEEKLY 1st May 2018

THE MARKETS

BTC: $8,991.30 | -$325.03 (-3.49%) since last week
ETH: $653.00 | -$48.41 (-6.90%) since last week
LTC: $145.00 | -$16.48 (-10.22%) since last week

 

New poll shows that most institutional investors prefer Bitcoin to other securities
A new poll from Fundstrat has revealed that 82% of institutional investors believe Bitcoin has bottomed out, and is set for a significant rise in the year ahead. Investor sentiment seems bullish overall, although many believed that regulatory ambiguity would continue to be a roadblock for token sales occurring this year.

Hard spoons have arrived, and they could change the way we think about tokens
There’s much debate in the crypto world around hard forks, but hard spoons are a relatively recent innovation in the world of crypto. According to Ethereum co-founder Vitalik Buterin, “a hard spoon is a meta-protocol on top of a blockchain creating a token that inherits the blockchain’s underlying token’s balances”.

Aaron Lammer speaks with the hacker who Bitcoin-ransomed his website
In this post from CoinTalk, co-host Aaron Lammer outlines his conversation with one of the hackers who ransomed his website in exchange for Bitcoin. It reveals how little some hackers actually know about crypto, as well as the lengths to which they’ll go to steal from unsuspecting users and website owners.

This is the latest salvo in the battle between Vitalik Buterin and CoinDesk
The war of words between the Ethereum co-founder and the crypto publication has just escalated to a new level. In a tweet admonishing CoinDesk, Buterin said that the news service both enables and encourages crypto giveaway scams. For its part, CoinDesk has responded by calling the claims baseless and without merit.

Dive deep on Red Pulse in this interview with its China team
Red Pulse is a blockchain startup that’s looking to create a distributed marketplace for research, and this interview with its China team details the firm’s technical roadmap, while also analyzing the competition posed by similar platforms in the market. The piece also provides some excellent insight on the future direction of the still-nascent distributed market intelligence industry.

IOHK has released its latest Ouroboros whitepaper, and it’s a significant one
In what some are calling the most groundbreaking research paper released since IOHK’s founding, co-creator of Ethereum Charles Hoskinson has gone on the record as saying that Proof-of-Stake has been solved by way of a new innovation in the Ouroboros algorithm that can essentially replicate many properties of Proof-of-Work, with the same effect.

Global Blockchain’s COO speaks on hyperledgers, Stellar Lumens, and more
In this wide-ranging interview, Shidan Gouran (Global Blockchain’s current COO) discusses what he thinks of hyperledger technology, and why Stellar may end up becoming one of the most successful decentralized networks on the market. In addition, Gouran touches on KodakCoin, and its improbable journey to become one of the first tokens fully registered by the SEC for trading on the market.

Legendary VC Tim Draper says Bitcoin will have a bigger market cap than the internet
In the view of prominent investor Tim Draper, Bitcoin will end up becoming a more transformative technology than the internet itself. In a recent interview, the investor said that Bitcoin’s security and transparency will ensure that it becomes a widely-used technology that will eventually form the underpinnings of society itself.

Here’s why the Lightning Network is the new savior of Bitcoin
Though it launched some months back, Lightning Network is already proving to be a panacea for the scaling woes that have long plagued the Bitcoin network – and it just may turn out to be the key innovation that turns Bitcoin from a store of value, into a easily usable virtual currency.

Russia’s greatest Ponzi mastermind is dead, but his legacy lives on in crypto
Sergei Mavrodi was once the greatest Ponzi architect in history, but even after he passed away last month, his legacy lives on in the numerous Ponzi schemes that have sprouted up around the crypto community. Some ICOs are even using Mavrodi’s branding and sales tactics to pawn their token sales off on unsuspecting buyers.

COMMUNITY NEWS

  • AirSwap clears more than $1m in transactions on its first day of launch. Link
  • Meet Ethereum10, an index of the top ERC20 tokens. Link
  • There’s still a lack of consensus in the crypto community around what BCH actually is. Link
  • A Chilean court has just forced its banks to reopen crypto exchange accounts to customers. Link
  • Join the DAPPHack conference in Atlanta on June 1. Link
  • Take a look at this unbiased comparison of crypto platforms. Link
  • Iran is continuing to develop its state cryptocurrency, despite a central bank ban. Link
  • Coinbase recently tried valuing itself at $8b when it acquired Earn.com. Link
  • ConsenSys is hiring a Front-End Software Engineer in San Francisco, CA. Link
  • Quantstamp has successfully audited all of Binance’s ERC20 tokens. Link
  • Video: Halsey Minor on VideoCoin, CNET, and Cryptocurrency. Link
  • Mining Bitcoin with pencil and paper. Link
Thanks to Qryptos for sponsoring this edition.
Edited by Chris Osborne in Bangkok. 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.

 


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