Monday, 29 April 2019
1. Funding Approved for Audit of ethereum’s ProgPoW Mining Proposal
Ethereum developers announced Friday that funding has been approved to audit the hotly-contested code change known as Progressive Proof-of-Work or ProgPoW.
[Source: Coindesk] ✩✩✩✩✩
2. IOTA Foundation Inks Game-Changing Crypto-Powered Deal with Jaguar Land Rover
Jaguar Land Rover has caught crypto fever. The UK-based company is teaming up with the IOTA Foundation for an initiative that will catapult cryptocurrencies into the limelight.
[Source: CCN] ✩✩✩✩
3. ‘Darkest Days Yet’: ‘Purple Pill’ Tell-All Details Years-Long Rift at Heart of MakerDAO Stablecoin Project
“Currently, the Maker development team is going through its most difficult challenge that I have witnessed during my 3.5 years with the project.” So begins a document obtained by CoinDesk, entitled “Zandy’s Story,” dated April 3, 2019. It tells nearly the complete history of MakerDAO, an ethereum-based project best known for creating the stablecoin DAI, from the perspective of one of its earliest supporters.
The 24-page document also clarifies the conflict at the heart of the so-called “Purple Pill Discussions” — a Signal chat group reported by CoinDesk on April 25 that appears to be causing a contentious rift at the top ranks of one of ethereum’s hottest decentralized startups.
[Source: Coindesk] ✩✩✩✩
4. Saudi British Bank Launches Instant Cross-Border Payments Service Based on Ripple
During the first edition of the Financial Sector Conference, a part of the Financial Sector Development Program, held in Riyadh, Saudi Arabia, on 24th & 25th April, Saudi British Bank announced the launch of its Ripple-powered payment services for instant cross-border payments.
[Source: BTCManager] ✩✩✩✩
5. E-TRADE IS READYING BITCOIN TRADING FOR 5 MILLION CUSTOMERS: REPORT
Following news that broker TD Ameritrade is testing BTC spot-trading, trading platform giant E-Trade is reportedly getting in on the action. According to sources, E-Trade is preparing to support Bitcoin and ETH trading to its 5 million customers.
[Source: Bitcoinist] ✩✩✩
6. Austria Could Establish a Fintech Regulatory Sandbox for Blockchain Technology Industry
Austria could soon establish a new regulatory sandbox for fintech companies to start operating and entering the market. The information was released by Cointelegraph on April 26. The intention is to steer the financial market and improve digitized fintech services. Surprisingly, this includes Initial Coin Offerings (ICOs) and virtual currencies.
[Source: Bitcoinexchangeguide] ✩✩✩✩
7. Crypto Scammin’ Church Ministers Steal $2.3 Million as OneCoin Promoters
For cryptocurrency scammers, no grounds are too holy to scout for potential ‘investors’ as everyone, including churchgoers, is game. Based on an intelligence report from the New Zealand Financial Intelligence Unit (NZFIU), the Central of Bank of Samoa (CBS) has accused two ‘large churches’ in the Asia Pacific (APAC) country of assisting in the proliferation of the OneCoin cryptocurrency scam.
[Source: CCN] ✩✩✩
8. Paxos to Issue Up to $100 Million of Stablecoins on The Ontology Team Blockchain
Stablecoin issuer Paxos will partner with Ontology to issue up to 100 million of its PAX tokens, pegged 1:1 to the U.S. dollar, on the latter’s blockchain network starting from next month.
The launch will make it easier for individuals and businesses using Ontology’s ONT token to transact in fiat-pegged tokens, Ontology announced Friday.
[Source: Coindesk] ✩✩✩
9. NYAG Accusations ‘Filled With Inaccuracies,’ Says Bitfinex Letter to Users
Cryptocurrency exchange Bitfinex stated that the recent allegations by the New York Attorney General (NYAG) about the exchange’s insolvency are “filled with inaccuracies and false assertions.” The exchange made the claim in a letter seen by Cointelegraph, emailed to Bitfinex users today, April 27.
The letter was signed by the exchange’s CEO, Jean Louis van der Velde. The letter specifies that the materials brought against the exchange do not constitute a civil or criminal complaint and declares: “In particular, we want to assure you that the allegation that we have ‘lost’ $850 million is categorically false.”
[Source: Cointelegraph] ✩✩✩
10. FedEx CIO Urges Blockchain Standards for International Shipping Industry
During the Blockchain Revolution Global Conference conducted between April 24 and 25, 2019, FedEx CIO, Rober Carter, mentioned that with the government tightening screws on manufacturers and shipping companies to guard their chain of custody as products are shipped across the borders, there’s a need to mandate blockchain standards for international shipping.
[Source: BTCManager] ✩✩✩
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