A Brief Daily News Post 8/31/2017

News and updates that occurred overnight and into the morning as of
9am CST.

    For those of us elsewhere the info contained here happened before.
                                   7am PDT
                                   8am MT
                                  10am EST

Information is pulled from tickers, reddit, twitter, blogs, news sites, and will occasionally provide personal TA.

What is provided?
Brief descriptions of noteworthy news, updates, and developments.
Links to sources if further reading is desired.
Any movements of 10% or more of top 100 coins.

Note to the community: If this becomes popular content I would consider posting an additional PM Glance.

• Forbes (a popular mainstream blog site for investors) Releases Article Talking about Bitcoin as Popular Hedge against gold.
  https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/?utm_source=yahoo&utm_medium=partner&utm_campaign=yahootix&partner=yahootix&yptr=yahoo#426eb09e3b36

• Bitcoin Cash's block #484241 becomes the largest block by far on it's block chain facilitating a 251m USD move through. *For those unfamiliar with how to read blockchair blockchain info please orient yourself to the 11th line down labeled "Input Total".
  https://blockchair.com/bitcoin-cash/block/484241

• NEM and Kchain ( a korean blockchain company) announced that they are co-hosting the first blockchain forum in South Korea. http://www.econotimes.com/Kchain-and-NEM-to-co-host-first-blockchain-forum-in-Korea-871781

• Kim Dotcom publicily releases demo for upcoming BitCache ICO. It's a micro-payment hosting site made to be strictly user focused instead of developer focused, kim is focusing on adoption. http://www.bbc.com/news/technology-41094797?ocid=socialflow_twitter

• Six major world banks release news about transition into next phase of a blockchain project called utility settlement coin that is focused on clearing tradesecurities faster. https://www.coinspeaker.com/2017/08/31/hsbc-barclays-others-join-blockchain-based-project-create-new-digital-currency/

• STOX, a a frequent tweeted and celebratey limelighted coin, releases sneak peak of platform calling it StoxAlpha.
  https://twitter.com/stx_coin/status/902913379211374592

• Evidence showing possible extensive whitepaper plagarization on a frequent press covered ICO coin called ExioCoin. https://hodl.fyi/exiocoin-plagarized-tezos-whitepaper/

• GBTC, a possible soon to be exchange traded fund based on Bitcoin, trades at 927$ with each share representing 9/100 of a Bitcoin. https://cointelegraph.com/news/bitcoin-price-at-10000-for-gbtc-shares-trading-at-120-percent-premium
  (Cross multiply math to discover an implied value of BTC by these traders shows 10300$ expected price of BTC by GBTC traders) Formula: (927*100)/9=10300
  *An included ELI5, or quick basic explanation, of what is GBTC can be found here. https://www.reddit.com/r/Bitcoin/comments/30hrk0/eli5_what_is_gbtc/

• Russia state owned bank VEB and Ethereum foundation sign an agreement to create new blockchain tech. This article has a thoughtful note on a possible impact this could have to the Ethereum network down the road. https://cointelegraph.com/news/ethereum-signs-key-deal-with-russian-state-owned-bank-for-blockchain-adoption

• Article suggesting a relationship could, now or at some point, exist between bitcoin and Uber. https://cointelegraph.com/news/uber-gets-early-bitcoin-advocate-as-new-ceo

• IOC releases update on upcoming DIONS project and Fintech 2017. https://medium.com/@newtoncrypto/update-on-fintech-2017-dions-block-call-8-29-2017-995efcacb8b3

• Bitjob releases names of Academic Instituations that are joining it's platform on release. http://www.newsbtc.com/2017/08/31/bitjob-announces-partnerships-leading-academic-institutions/

• Satoshi pay tweets releases tweet about proof of concept success for micropayments utilizing IOTA. https://twitter.com/SatoshiPay/status/903250693644886022

• Extra Article: Although not news I did come across an excellent article detailing infromation on Substratum which imo is worth watching as they are going for one of the big ones. They want to build a decentralized web or sub-web depending on who you ask. This has to be one of the most informative and complete articles I've come across since I've started reading about the project. https://cointelegraph.com/news/substratum-ico-promises-to-build-free-and-fair-internet

Lisk ($LSK) price is up 20.16%
Veritaseum ($VERI) price is up 13.21%
NEM ($XEM) price is up 11.52%
Dogecoin ($DOGE) price is up 13.01%
Nexus ($NXS) price is up 31.10%
MaidSafeCoin ($MAID) price is up 10.39%
NEO ($NEO) price is up 10.05%