CryptoCurrents [II] | 5.Jun.2018
Weekly pulse of key events in cryptocurrency markets
TLDR | Binance launches $1B fund… EOS ICO raise totals $4B… Microsoft acquires Github… SEC appoints crypto advisor
Market Snapshot
$$$ | Binance announces billion dollar VC crypto fund / EOS raises $4B in largest ICO to date
Mainnet releases | Tron public blockchain goes live / founder Justin Sun sets sight on Bittorrent acquisition
Regulatory briefing | SEC appoints cryptocurrency advisor
Sovereign snapshot | IMF acknowledges importance of cryptocurrencies / IMF article and PDF
Ecosystem views | Consensys state of the Ethereum network / Vitalik claims 1M TPS on Ethereum is an eventuality
Cool tools and guides | Cryptoeconomics mini- courses
Market perspective | Game theory / + Maximalist + / Cautious Contrarian
Adoption + Enterprise | Numerous FIFA merchants to accept bitcoin as payment in Russia during World Cup this summer
Custody corner | The biggest ethereum wallet you’ve never heard of (Imtoken) holds $20B Coinbase assets, raises $10M VC funding
Learner’s lagoon | All about tokenized securities + ecosystem / Crypto-protocol value
Word from Wall Street | World’s first bank-backed regulated crypto exchange launches in Japan
M&A | Microsoft acquires Github for $7.5B in stock — strategy & op-ed (no bueno for bitcoin devs)
The John Galt Exodus | Executives at Deutsche Bank, Goldman, BlackRock, and Barclays resign to join crypto in 2018
Technical tally | Cost of 51% PoW attacks by coin
Minding mining | Canada considers mining regulations / AEON and ZCoin follow Monero’s lead with ASIC resistance
ETFs | Crypto-baskets offered by TokenSets / Huobi launches crypto index / OkEx also launches exchange ETF / Circle offers “Buy the Market” feature
Charts | Causation or correlation? Google trends and bitcoin performance
ICO returns | Quarkchain settles at 11x ICO price after launch on Kucoin & Binance
Research hub | ICO returns study from academia
Conferences around the the corner | Tulip Fest in SF / June events
Byte-sized wisdom | Naval Ravikant on wealth & wisdom
Long Read | The economics of cryptocurrency
Quote(s) of the week:
“The best response by central banks is to continue running effective monetary policy while being open to fresh ideas and new demands as economies evolve.”
— Christine LaGarde, IMF Chief
“Being a regulator in the room is like being the corpse at a funeral. Everyone expects you to be there, but no one really wants you to talk.”
— Valerie Szczepanik, Head of SEC Distributed Ledger Task Force
“Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.”
— Naval Ravikant, Tech Evangelist
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