Weekly Crypto #3
Stay ahead of the game with weekly industry updates, aimed to capture all important crypto and blockchain news of the week.
Cryptocurrency startups are discovering new lands to build their next big ideas on, and smaller countries are willing to help. The rejection of Winklevoss’s Bitcoin ETF request stirred up heated debate in the crypto community. On the one hand the investors want in on crypto, on the other hand regulators are still cautious. And, Ethereum celebrates third birthday. HBD, ETH!
Regulations & Finance
‘No Reason to Not Allow’ the Bitcoin ETF to Go Ahead — Says SEC Commissioner: “I’m a big fan of innovation and I think that there’s a lot of interesting momentum in this space to solve problems that have been around for a long time […] that can be solved by Bitcoin, cryptocurrencies and blockchain”, SEC Commissioner Hester Peirce explained her dissent to the SEC’s rejection of the Winklevoss Bitcoin ETF last week.
Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You: Cryptocurrency companies that are looking for shelter from regulatory uncertainty in the United States and Asia, are exploring the world and smaller countries are proving themselves worthy of attention, along with developing favorable legislation grounds to attracts startups of the new economy.
The Top 10 Bitcoin Cities In The World: Some unexpected crypto-cities popped up in a research on where Bitcoin, Ethereum or Litecoin are spent in person. While the most obvious ones, like San Francisco or other startup meccas, are embracing cryptocurrencies, another one, Prague, is boasting with the most Bitcoin-accepting vendors in the world.
‘No Reason to Not Allow’ the Bitcoin ETF to Go Ahead — Says SEC Commissioner: “I’m a big fan of innovation and I think that there’s a lot of interesting momentum in this space to solve problems that have been around for a long time […] that can be solved by Bitcoin, cryptocurrencies and blockchain”, SEC Commissioner Hester Peirce explained her dissent to the SEC’s rejection of the Winklevoss Bitcoin ETF last week.
Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You: Cryptocurrency companies that are looking for shelter from regulatory uncertainty in the United States and Asia, are exploring the world and smaller countries are proving themselves worthy of attention, along with developing favorable legislation grounds to attracts startups of the new economy.
The Top 10 Bitcoin Cities In The World: Some unexpected crypto-cities popped up in a research on where Bitcoin, Ethereum or Litecoin are spent in person. While the most obvious ones, like San Francisco or other startup meccas, are embracing cryptocurrencies, another one, Prague, is boasting with the most Bitcoin-accepting vendors in the world.
Source: GDPR Could Hinder Blockchain Innovation, Warns EU Body: “As long as the legal framework around personal data and blockchain remains unclear, entrepreneurs and those designing and building blockchain-based platforms and applications in Europe face massive uncertainty. That can put a brake on innovation,” notes the report ‘Blockchain Innovation in Europe’ from The European Union Blockchain Observatory and Forum.
88% Of Crypto Exchanges Want Industry Regulation, New Study Reveals: The study was based on responses from 24 crypto exchanges across the world with a total daily trading volume of over $100 million. Oleksandr Lutskevych, CEO of CEX.IO — one of the top crypto exchanges based on market volume — believes the market will mature better when it’s regulated: “Until now, the industry has not had its say on regulation. It has been widely supposed that crypto companies want to avoid a regulated environment, but this is far from the truth. The industry is all too aware that regulation will lead to the maturity of the market and ensure businesses remain free from suspicion of involvement with illegitimate uses of cryptocurrency.”
Industry & Technology
After three years of Ethereum how close are we to Web 3.0?: Ethereum celebrated third anniversary of its inception this week. This article is a short journey from the genesis to current scalability development and early thoughts from their authors, Vitalik Buterin, Gavin Wood and others. “What this project intends to do is to take cryptocurrency 2.0, and generalize it — create a fully fledged, Turing-complete (but heavily fee-regulated) cryptographic ledger that allows participants to encode arbitrarily complex contracts, autonomous agents and relationships that will be mediated entirely by the blockchain.” — Vitalik Buterin, 2013
Privacy Revolution: How Blockchain Is Reshaping Our Economy: Centralized threats, like Facebook’s recent Cambridge Analytica data privacy scandal, harvesting users’ private data for monetization purposes, started a global privacy discussion and open doors to technological development of new ways of managing our data. From the centralized control of our data, to the potential of blockchain technology, the key to protecting our privacy lies in decentralization.
A Blueprint for Reforming the Crypto Token Market: “The token industry needs to grow up”, writes Michael J. Casey. “Only with a self-regulating system, in which broadly accepted norms of behavior, modes of communication and business practices are encouraged, can the industry shake off a Wild West image of Lambo-loving scammers and move from the fringe into the mainstream.”
Thanks to Blockchain Technology, the Entrepreneurial Spirit in France Has Never Been Stronger: Blockchain innovation landscape is rapidly changing, as is startup environment around it. France, although currently not one of the front runners in the blockchain industry, is certainly one of the fastest growing places to explore, develop and build a blockchain technology startup.
Most Common Cryptocurrency Scams & How to Avoid Them: Last but not least — protect your funds, beware of scammers, check the URLs, do your own due diligence and check this awesome list of scams, red flags and useful advices on dealing with your (crypto)finances. Stay safu ;).
After three years of Ethereum how close are we to Web 3.0?: Ethereum celebrated third anniversary of its inception this week. This article is a short journey from the genesis to current scalability development and early thoughts from their authors, Vitalik Buterin, Gavin Wood and others. “What this project intends to do is to take cryptocurrency 2.0, and generalize it — create a fully fledged, Turing-complete (but heavily fee-regulated) cryptographic ledger that allows participants to encode arbitrarily complex contracts, autonomous agents and relationships that will be mediated entirely by the blockchain.” — Vitalik Buterin, 2013
Privacy Revolution: How Blockchain Is Reshaping Our Economy: Centralized threats, like Facebook’s recent Cambridge Analytica data privacy scandal, harvesting users’ private data for monetization purposes, started a global privacy discussion and open doors to technological development of new ways of managing our data. From the centralized control of our data, to the potential of blockchain technology, the key to protecting our privacy lies in decentralization.
A Blueprint for Reforming the Crypto Token Market: “The token industry needs to grow up”, writes Michael J. Casey. “Only with a self-regulating system, in which broadly accepted norms of behavior, modes of communication and business practices are encouraged, can the industry shake off a Wild West image of Lambo-loving scammers and move from the fringe into the mainstream.”
Thanks to Blockchain Technology, the Entrepreneurial Spirit in France Has Never Been Stronger: Blockchain innovation landscape is rapidly changing, as is startup environment around it. France, although currently not one of the front runners in the blockchain industry, is certainly one of the fastest growing places to explore, develop and build a blockchain technology startup.
Most Common Cryptocurrency Scams & How to Avoid Them: Last but not least — protect your funds, beware of scammers, check the URLs, do your own due diligence and check this awesome list of scams, red flags and useful advices on dealing with your (crypto)finances. Stay safu ;).
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