CryptoWeekly Round Up 17th Aug 2018

 

Investors and politicians have allegedly poured money into a $3B crypto Ponzi scheme in India, which defrauded citizens of billions in funds and could become the country’s largest-ever financial scandal. The crypto markets have been on a downward trend in recent weeks, but this week saw one of the most significant drops yet as both Bitcoin and Ethereum fell substantially – in total, more than $18B in market cap was wiped out.

 

Binance has just launched a fiat to crypto exchange in Liechtenstein
The exchange, a joint venture between Binance and Liechtenstein Crypto Assets Exchange (LCX), represents the first major steps taken by the tiny European country in its quest to drive crypto innovation within its borders.Vitalik Buterin pulls back the curtain on the latest in Ethereum research
In a recent tweet storm, Ethereum’s key figurehead outlined some of the latest Ethereum research, ranging from proof-of-stake to the criteria making minimum slashing conditions possible.

Coinbase is doubling down on digital identity with its latest acquisition
With its recent acquisition of digital identity startup Distributed Systems, Coinbase has spun off an internal organization focused solely on the topic, and is planning to develop additional products in the space in the future.

Here are some great tips for 100x margin trading with Bitcoin and Ethereum
This YouTube video offers up some great strategies for doing margin trading with crypto. While a risky strategy for newbie investors, in the hands of an experienced crypto investor, margin trading can be a powerful weapon.

Meet the man who solved Bitcoin’s most notorious heist
This excellent piece from the Wall Street Journal outlines how software engineer Kim Nilsson helped solve the infamous Mt Gox heist, and managed to recover some of the millions in tokens that went missing.

How to lose $3B of Bitcoin in India
Investors and politicians have allegedly poured money into a $3B crypto Ponzi scheme in India, which defrauded citizens of billions in funds and could become the country’s largest-ever financial scandal.

Bitcoin and Ethereum fell substantially this week, one of the worst yet this year
The crypto markets have been on a downward trend in recent weeks, but this week saw one of the most significant drops yet as both Bitcoin and Ethereum fell substantially – in total, more than $18B in market cap was wiped out.

An overview of privacy in cryptocurrencies
This is an excellent overview of the various privacy-focused tokens on the market today, and how each of them fit into the crypto ecosystem – ranging from Monero to Ethereum-based projects like Zether.

Bitmain is now on target for a gigantic $10B in revenue this year
The Bitcoin mining behemoth is continuing its rapid growth, and this year it’s set to breach more than $10B in revenue – even taking into account the significant downturn in crypto markets in recent months.

Here’s an excellent guide to Zug’s extensive crypto community
Zug is one of the world’s foremost crypto hubs, and its ecosystem is growing faster than ever. This guide provides everything you need to know to get started in the community, from workspaces to event venues.

COMMUNITY NEWS

  • Meet SponsorCrypto, a directory of crypto projects you can sponsor. Link
  • LXDX expands its crypto exchange with investment from Dymon Asia. Link
  • Binance has launched an academy to improve blockchain education. Link
  • LINE is launching a $10M token VC fund. Link
  • Ripple Endorses ‘Preferred’ Crypto Exchanges for XRP Payments. Link
  • China’s Communist Party just published a book about blockchain for its members. Link
  • Now there’s an easy way to view everything Coinbase is working on in one place. Link
  • Join Rework in New York on September 6-7. Link
  • Golden Gate Ventures is launching a $10M crypto fund for Asia. Link
  • ConsenSys is hiring a Marketer in Brooklyn. Link
  • Podcast episode with Eric Anziani, SVP Group Strategy at Crypto.com, discussing the domain acquisition, upcoming new features and more. Link
  • BitGuild launches the first major social gaming platform on the blockchain. Link
  • We just added 14 new crypto companies, 177 new ICOs, 2 new exchanges and 3 new crypto investors to CryptoList. Link
Check out our other projects: CryptoList | CryptoFirst | Crypto100 | LamboIndex

Edited by Chris Osborne in London (in town? reach out to get a coffee). Reply to this email if you have any feedback and/or suggestions.

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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