The Week in Blockchain

Week of May 13th - May 19th 2019.

Coinbase reports notable institutional involvement joining crypto, Consensus rocks Manhattan, and we launched our presence on Steemit with a bang.

Once again we see major developments in the world of Blockchain. Crypto Spring is coming!

Read on for the most important stories for the week in Crypto.

1. We made our intro to the Steem Community.
We’re excited to be here and proud to be welcomed so warmly by Steem Team. Especially @andrarchy More>

2. We were at Consensus.
Did you see us there? Miss us? Drop us a line and we’d be happy to chat. Better yet, join our Telegram Group.

3. Coinbase Custody has $1B in AUM

Coinbase CEO Brian Armstrong said the exchange’s custody service, Coinbase Custody, has $1 billion in assets under management (AUM) in just 12 months after launch. More >

4. Binance starts trading/withdrawls

Last week, the company suffered from a data breach that resulted in hackers stealing the equivalent of more than $40 million in bitcoin. More>

5. Bitfinex raised $1 billion

Crypto-exchange Bitfinex continues to move on from last month’s Tether cover-up accusations, announcing the distribution of its new utility token. Parent iFinex, who raised $1 billion through the private offering, will list the token on the exchange from Monday. More>

6. Amazon patents PoW system

Tech giant Amazon has been granted a patent for various techniques to build a proof-of-work (PoW) cryptographic system similar to those used by blockchains such as bitcoin. [More>(https://www.coindesk.com/amazon-wins-patent-for-proof-of-work-cryptographic-system)

7. Microsoft building on Bitcoin

Microsoft is leveraging blockchain technology to create a trustless digital identity scheme, but its not launching a token or building a private blockchain to do so. Its building on Bitcoin instead. More>

8. Have you seen EngineBloc Founder and Chief Strategist’s Dtube video explaining Blockchain?

Watch Here>

What We’re Working On:
Getting to know the Steem Community and having meetings with companies within the steem ecosystem. Want to talk? Connect with us

What we’re listening to:
We’re music nerds, and with a CEO who worked at SiriusXM for 12 years, its no wonder we have the radio on all day here. This week we're really into this song by French electro pop artist Corine.

About EngineBloc
We have deep experience in building digital properties, getting attention and capturing your target audience through funnels down to conversion. We have pulled together the best in the business to build a full service Marketing Team for hire and are available to high-potential blockchain companies, especially those built on the Steem framework. To learn more visit our website at www.enginebloc.io

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