Fundamental crypto updates on business, reg, tech and markets.
Changing the category "use cases" to "business" as the ecosystem has matured and viable businesses are entering.
Business:
- Huobi sets up Huobi Cloud to provide blockchain development services.
- Voyager, a no-fee crypto trading app, looks to challenge Robinhood. Betas this week. Targeted launch end Oct 2018. Voyager aggregates pricing across venues for execution and a smart order fulfillment system seeks to fill orders at a lower average cost than average executed price.
- Singapore's airline new KrisFlyer loyalty program wallet is built on blockchain.
Reg:
- Iran seeks to build a national cryptocurrency in 3 months to circumvent US sanctions which will be effective 6 Aug 18.
- Venezuela will have a new national fiat currency in Aug 2018, named new bolivar soberano. It will be pegged to the value of Petro token, which in turn is pegged to the value of Venezuelan oil. The President has mandated banks and state-owned companies to mine and use the Petro token.
- The cost of KYC.
Tech:
- Coin selection technology optimally allocates pieces of Bitcoins to transactions to reduce transaction fees.
- Attempt to replace private keys of wallets with encrypted QR code.
- Wanchain goes live, allowing for atomic swaps between its blockchain token and ETH.
- Summary of blockchain development.
Markets:
- Several submissions of crypto-based ETFs for SEC's consideration.
Links:
https://www.coindesk.com/huobi-launches-service-to-build-crypto-exchanges-in-the-cloud/
http://amp.timeinc.net/fortune/2018/07/25/cryptocurrency-bitcoin-free-trading-voyager/
https://www.coindesk.com/singapore-airlines-blockchain-based-loyalty-program-takes-off/
https://www.coindesk.com/iran-plans-national-cryptocurrency-as-new-us-sanctions-loom/
https://www.coindesk.com/venezuelas-new-national-currency-will-be-tied-to-petro-says-president/
https://www.coindesk.com/theres-a-bigger-scam-than-anything-in-crypto-its-called-kyc-aml/
https://www.coindesk.com/bitcoin-companies-slash-fees-cutting-edge-tech/
https://www.coindesk.com/crypto-wallet-to-replace-private-keys-with-encrypted-qr-codes/
https://www.coindesk.com/wanchains-bridge-to-the-ethereum-blockchain-is-now-open/
https://mashable.com/2018/07/25/best-blockchain-race.amp/?europe=true&__twitter_impression=true
https://www.coindesk.com/bitwise-proposes-etf-for-top-10-cryptos/
https://www.coindesk.com/winklevoss-brothers-bitcoin-etf-rejected-by-sec-for-second-time/