The DAO Report 8/14/18

in #crypto6 years ago

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TWITTER


DAOstack‏ @daostack
#DAOstack is excited to speak at Governança Descentralizada em #Blockchain. Will we see you in Rio? http://bit.ly/2vIaaMf


Gnosis‏ @gnosisPM
Current blockchain wallets face a tough challenge: trading usability for security, or vice versa. We've been working on a decentralized wallet to tackle this issue. Learn more about the @gnosisSafe here https://blog.gnosis.pm/announcing-the-gnosis-safe-beta-personal-edition-19a69a4453e8


Maker‏ @MakerDAO
Yes, the AMA special guest is @MichaelDunwort1, CEO of @sendwyre! Join us this Thursday @ 10:30am PST on r/ethtrader where he and Maker CEO @RuneKek will hold an AMA taking questions on the recent partnership and more.


Maker‏ @MakerDAO
OFFICIAL: MakerDAO is partnering with @SendWyre to give businesses immediate access to $Dai in over 30 countries. Wyre's fast, secure bridge converts fiat directly to Dai!


EOS‏ @EOS_io
From questions about #EOSIO to what's next for us, remember to #AskBlockone and our team will get back to you. https://medium.com/eosio/askblockone-weekly-q-a-series-dad59d2a9af7


Swarm Fund‏ @TheSwarmFund
Meet Swarm's Vivian Jane in her hometown of Atlanta, Georgia on August 15th @WeWork, speaking on a Blockchain & Crypto panel presented by @Gyals_Network https://swm.by/2nB4aAB


Beastlorion‏ @Beastlyorion
finex shorters are out of their minds. This will only end badly for them. $BTC
All the while the RSI is showing a bullish divergence. Last time the market looked this ripe for a short squeeze was in April.

      The Crypto Dog‏ @TheCryptoDog
Yeah I'm getting more bullish by the minute.


The Crypto Dog‏ @TheCryptoDog
I'm not "pro" #bitcoincash, but I also think it's a little silly to discount $BCH from a trading opportunity simply on politics. If Bitmain raises $18B hell yeah I'm bullish on Bitcoin Cash. Long term? NO, but the name of the game is to make more


Ted Rogers‏ @tedmrogers
We could be in the midst of the extinction-level event for “cryptoassets” that many maximalists have predicted. 90%+ of @CoinMarketCap list will disappear eventually - might as well happen now. Meantime, lower BTC price means incredible opportunity to buy more #bitcoin


Gat‏ @CryptoGat
$IOTA mcap is still over 1 billion, this is making me think my alts will still drop another 99%.


Gat‏ @CryptoGat
Out of all my rekt coins, $BWK has held very strong and as a bonus have been getting masternode rewards. Much happy


Lil Uzi Vertcoin‏ @LilUziVertcoin
When you see 25% drops in a day at all time lows, that's capitulation. That's "December" money waving goodbye, that's crypto hedge funds started by retarded 23 year olds closing down, that's guys who took out 200k loans getting rekt. I'm buying their capitulation.


BTCKYLE‏ @BTCKYLE
Here is my final call for the bottom of #bitcoin Don't hate me... not financial advise $4,467 - @bitfinex


Crypto Michaël‏ @CryptoMichNL
Updated version: Since ATH: $ICX: -97% $WAN: -95% $STRAT: -95.2% $NEBL: -98% $WAVES: -92% $LSK: -95% $NEO: -93% $LTC: -84% $XRP: -92% $TRX: -85% We getting there. Correlation with $BTC is back too, I think. The moment $BTC makes steps, we go up & vice versa.


Eric Choe‏ @CryptoChoe
For swing-trading (my specialty):

  1. Fixed Fractional Position Sizing is your friend
  2. Swing trades should last 5 days or less
  3. I only make 2 swing trades a week
  4. Trends are your friend - we avoid chop
  5. MACD is my go-to swing trade indicator
  6. Log charts
  7. 2 - 3% Risk

Eric Choe‏ @CryptoChoe
In day-trading:

  1. Don't set a stop-loss. Set a risk-loss
  2. Close out your position end-of-day (if you need to sleep)
  3. Remember, there are ALWAYS more opportunities
  4. Don't be emotionally attached to a coin - you're here to make money, not invest
  5. 1% gains add up big time

Eric Choe‏ @CryptoChoe
Get DM's all the time that people are down 80% on their account and if they should cut losses. Break it down:

  1. Hold and hope for 80% - 100% gains soon.
  2. Sell and work at trying to gain 1% - 2% a day. You'll get your investment back in ~40 - 80 days.
    You're in control.

SALThouse‏ @shillycrypto
$BAT having a nice little rally. hopefully it turns into a wyckoff spring.


Zeepin‏ @ZeepinChain
What do you need to know about our upcoming mainnet launch and token swap https://bit.ly/2vIAdmz Read carefully in order to avoid token loss!

      tehMoonwalkeR‏ @tehMoonwalker
$ZPT buying this dip, pray for me


FACEBOOK


Obadiah Marsh
Markets are crazy huh?
Is this Cryptowinter in August or Christmas time in cryptotown?
How are you positioning yourself and your portfolio at this point in time?
I buy into positions that cant drop much further and set sells around the 24hr high, and wake up to more satoshis than I went to bed with.
For example:
(Its not much but-)
Twice I've bought 39000ish storm tokens for about 27 BNB, set my sell limit, and wake up to 28 BNB. Same with VET. Like I said, it isn't huge gains, but gains bruh. Every little bit. You can do this.
What are you doing during this time of our Crypto discontent?

      Jaspar Snyder
I think it really just depends on how people are looking at it. If you sell in anticipation it's going to go down, then you and the 1000 others cause the price to go down (you dont see demand for your supply/you dont see value in your supply)
Too many people talking about selling, it being worthless, ect causes the price to go down. It's like a mob mentality. If the price dropped 5% (giant market sells) and the mentality is "sell, this is a bear run" then everyone selling, driving up the supply and no demand, manifests the bear run.

The opposite is true as well, the price drops 5%, everyone is thinking discount crypto, demand increases, the overwhelming supply dries up and the price goes back up to what it was (5% gains for all the supporters)


Patrick McLain
This should be a reminder that people are not "advanced" traders. This can all get ripped from you any second. The future will be amazing, one of a kind projects that actually build their fucking goal. These projects will write code, hire good team members, and not blow money.

80% of these "ICO's" raised their money when ETH was at between $1k-$1.3k. they didn't liquidate. So while they might have raised $50m, $30m, etc, they now have 30% of that. They held, and gambled with YOUR money! You know what they did with that money? Nothing. They could have hired 30 devs to build their product (most projects take 6 months to build), they could have hired serious biz Dev people to bring in customers and pilots, etc etc. Instead, they did nothing. They wanted to say, "I have $50M in the bank!" to the stripper they we're tipping. They literally have no business model and not a single fucking "investor" cares. In this real world this doesn't fly.

Things like this have happened before. In 2015 Silicon Valley, you could purely have a deck (now a shit version called a white paper), a great team, and raise $5m. By the first quarter of 2016 you couldn't raise $500k without a fairly built out product and a real business plan.

What was the real value of all these coins anyways? Did we ever need them? Can anyone explain more than 5-10 really valuable use cases for blockchain?

Is the revolution coming? Yes. Is it blockchain? Potentially.

Does blockchain = day trading? Probably not.

In the perfect world, everyone can participate in this market. But less than 3% of the people actually have the ability to determine what is real tech vs garbage.

I personally hope 90% of these coins get wiped out.

It's time for everyone to grow up.... (Which is a good thing).

      Daniel Missing
Your right regards to most of these ICOs didn’t convert to fiat. There was very few ICOs that had business models and stated that funds raised will be instantly sold and converted to fiat and 20% will pay taxes etc.
As that’s the funds they needed for project. I reapected the transparency plus its was obvious, as a business model.

And I remember loads of people going at these good ICOs saying things like “if you believe in crypto all the devs and offices should be paid in crypto and you hold”

Some ICOs when BTC was like 3-4k and Eth was 170$, May have held and liquidated at ATH, meaning they had nearly 10x amounts initially raised.

One project i kinda watched received Eth when it was 200$ and wallet shows movement to exchange obv when it 1000$
So their 1 million raised became 5 million.

Which was 5x what they needed based on their budget for project..... and nothing has happened! But it got forgotten about because of the like of other projects raising hundreds of millions


Anurag Rathore
My expectation is not based on TA. I just see an allover negative sentiment. All good news are completely ignored, while all bad news have impact. We have 4 dates ahead, where ETF's are decided about, as this source is stating ( https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-…/ ) .

ProShares (2 Funds) -> 23.08.
GraniteShares (2 Fundds) -> Sept 15. (05.01.2017 submitted)
Direxions (4 Funds) -> Sept 21 (04.01.2017 submitted)
VanEck/SolidX ( 1 Fund ) -> Sept 30.

I think only VanEck has any chance to get approved. Until ETF decisions are done, nobody will invest anything. Apart from some bot trading there wont be any substantial moves. So basically the best expectation would be neutral. Way down is - due to the general bearish sentiment - is always possible in that time. Who knows which negative news can pop up. Something like Saudi Arabia is banning crypto trades last night. Just imagine the crazy guy from bosporus is banning BTC to stop his people in escaping from turkish Lira into BTC. I've seen people be happy, that turksh people moving into BTC, because they value it. Yes, nice - but with political background of Turkie this can turn 180° out of the sudden.
Since I only expect the last ETF to get approved in late September, BTC will suffer (at least) 3 major hits before when the others are denied.

So I see 3 drops ahead:
low 6.x -> 5.8 -> 5.3 -> 4.? or maybe worse.

Getting VanEck approved on that low level could be a nice boost... I will stay completely on the side line until that dates. For small day trades I dont feel educated enough and am afraid of just getting burned.
Source - Comment On TradingView.


Todd Blackburn
Time to start slowly filling my ETH bags again. Its a simple reason why. Just open your eyes to what is going on around you. You can clearly see people will not learn their lesson. The cycle will start over. People will start to pour money into the garbage shitcoin ICOs locking up the ETH. It might take a year or two for the cycle to start over but I will ride it back up and short it all the way back down like I just did. ETH is the king of shitcoins.
https://www.facebook.com/groups/218612071968287/permalink/508070306355794/

      Gabriel Mattys
Sometimes you loose. You can not win every time, however we can learn from our mistakes.

Last week I told you about the time my friend saved me money by advising me to sell my neo bags.

However as told in the comments we had our portions of rekto's too.

I remember our greatest loss which wipped out a large chunk of our portfolio, because we got cocky.

Probably some of you remember the centra (CTR) drama. We were some of the people who got caught in that huge overnight drop of 50% because the feds busted down on the shitcoin promoted by Dj Khaled en Floyd Money Mayweather.
Why would we even trade such a shitcoin, you would ask? Well because we were doing good, we start throwing more and more shit in our systems. We basicly didn't do a ferral fundamental due diligence on every coin we were trading. If we would have known Dj Khaled was promoting a coin, no way we would have trade it.

Our system, which was based at the time on a trend reversal strategy, kept buying the shit out of CTR and guess what? We woke up and saw we were - 45% on what we bought.

Every financial manager would get fired if he would show to his board of directors such crappy results. We realised we screwed up big time, and had to sell manualy.

Now believe it or not, a bit later the price increased with about 40% from what we sold. (Some big players still had to unload their bags)

The loss was a blow to our confidence. We realised we had to take measures. We immediately stopped our systems and had a crisis meeting. Could we take such losses again? What if? Doubt started to settle in. The loss we took was not a regular loss, but such event could be labled as a black swan event.

We started by researching every coin we were trading, thrown out a bunch and adjusted our stakes. That loss put us back in our progress with a long time.

Nobody will ace every trade he or she does, but minimising risk and fast exits will save your *ss every time.
Do you guys use a strategy and did you took your time to think about it? Do you use a trend-reversal or trend-following strategy?

Well I hope that you also learned from the errors you made and that you keep improving.

If you lost money tonight and consider doing something now, take first a look at the charts from Februay before you execute. Always think before you execute.

Wish you best of luck. Peace and love from Belgium.


Tony Le
Hey guys!
We are currently collaborating with BP EOSphere to organise a fortnightly meetup group in Sydney for EOSIO enthusiasts! We are organise pitches from the 3 winners of the Sydney EOS Hackathon for those who missed them.

Please join our meetup group for updates if you are interested!

We will also record the pitches so that you can view them if you are unable to attend!

https://www.meetup.com/EOSIO-Startups-Sydney/


Scott Riley
Any other working poor that are in for the long term? I loved the bull run, but I'm also happy to be able to buy cheap for as long as possible. I love crypto for a lot of reasons. Some for the ideology. Some for the potential. Some for the fascination of watching geniuses work towards great things, and not under a nation's flag. Some for the moon goal of a new Honda. I didn't expect this plunge, but I also thought the calls for 50 and 100K btc in the near future were silly. I am saving a lot of time from not checking Blockfolio and working more, to buy more. Bittersweet I guess. Anyway, sorry for not having a graph or a meme. Tip your Uber drivers.

50% BTC, 50% shitcoins is the new rule. Just averaging up(or is it down) what I have now. The usual noob bag, ADA, XMR, OMG, XLM, ONT, SC, LSK, POWR, GAS. A little TRX and XVG, just because if you don't place a sucker hard way or horn bet once in a while, it's not as much fun. If you want an even worse bet I'll be buying the rest of the CPY I need for a masternode next. So I got that going for me.

      Debarghya Dutta
This bear rally will test all of our limits.
Just remember two things:

  1. The December rally didn't happen because of nothing. Sure looks like the tulip mania...but we are not in that age..praising the beauty of something decorative.
  2. The buyouts and purchases of the big movers and shakers. They take interest on dimes, and they are investing millions in a tech that's supposedly crashing. I wonder why..

Al Calendacion
We are near the bottom.

Notice the Facebook indicator posts? When they broadcast their fear, you know it is time to accumulate the small chunks they sell.

Do not worry, they won't change their mind into holding what they are eager to sell. Nobody can really withstand such strong emotions of FEAR! Here is where they will sell .

So why buy when most are selling and the few who are holding are not buying more (no more funds)>>>> because volume is key to wealth ... there will be less volume to buy at the exact bottom which just about any wannabie wants to catch .. to get more volume, try to catch the volume growing near or around just beside that bottom point.


EXCHANGES


Paradex‏ @ParadexIO
Toward a million markets, and how @ParadexIO is going to get there. Today we’re adding: - $ANT - $AST - $BNB - $CVC - $DNT - $HT - $KIN - $KNC - $MANA - $RHOC - $STORJ - $TUSD - $ZXC


Aurora (IDEX) Not Giving Away ETH@Aurora_dao
$CDT (Blox) by @Blox_Official has been added
$BEAT by @beattoken has been added
$TRVL by @trvlblock has been added
$MOZO by @MozoToken has been listed


Poloniex Exchange‏ @Poloniex
#Poloniex is opening markets in Status (#SNT) and Kyber Network (#KNC)!
Deposits and withdrawals are currently live. Trading in USDT, BTC, and ETH pairs for each project will be enabled on August 15th at 16:00 UTC.


Stocks.Exchange‏ @StocksExchangeR
Dear users, ItalianLira (ITL) moved to LTC market. Previous orders were cancelled. Trade now: https://app.stocks.exchange/en/basic-trade/pair/LTC/ITL/1D


Bitpanda‏ @bitpanda
We are very happy to announce that one of the partners of the @PantosIO project is coming to the Bitpanda platform! @NEMofficial trading will start from August 23rd
We’re happy to announce @0xProject is now available on Bitpanda! Start buying and selling $ZRX


QUOINE‏ @QuoineGlobal
We are thrilled to announce that @UnibrightIO ($UBT) is now LIVE for trading on http://QRYPTOS.com . Unibright is the first unified framework for blockchain-based business integration.


Token Store‏ @TokenDotStore
We welcome CYFM token @cyber_fm and MFTU @mftu_currency
We'll be listing @RedCab_LLC's REDC token after the end of their crowdsale.


Indonesia Digital Asset Exchange‏ @IndodaxOfficial
With the end of the Voting period 3 Coin Community on 5 August and then generate 2 coins selected during this period. Both are Vexanium and The Abyss.


BTC Markets‏ @BTCMarkets
Please remember to include your XRP destination tag when depositing XRP to avoid any delays.


BTC Markets‏ @BTCMarkets
XRP, OMG and BCH deposits and withdrawals are now enabled.


ClearCoin‏ @ClearCoinHQ
$XCLR Now Available on @hitbtc


HitBTC‏ @hitbtc
Great news! @savedroidAG $SVD token will be added to @hitbtc soon!


Stocks.Exchange‏ @StocksExchangeR
Next coins are already delisted from BTC market due to low volume. Please, withdraw your coins. THOR, BCP, ATR, ASAP, XWC, ETG, CTF, VEN, SKL, QBIC, XAR, ADV, VLU, TZC, XGOX


MERCATOX‏ @MercatoxCom
KingXChain (KXC) market added KXC/BTC and KXC/ETH markets are available for trading.


Binance‏ @binance
#Binance Has Distributed July #NPXS https://support.binance.com/hc/en-us/articles/360013309711


Bit-Z.com‏ @BitZExchange
Dear traders, VAAC will be launched on BZ Market ~
Dear traders, Bit-Z will open BZ Market at 15:00, August 15, 2018 (UTC/GMT+08:00) VTC/BZ will launch at the same time


Tidex Exchange‏ @Tidex_Exchange
SVD withdrawal has been enabled


OKEx‏ @OKEx_
Launching of TRX/OKB Trading Pair


Bithumb‏ @BithumbOfficial
Monaco(MCO), Monero(XMR) deposit/withdrawal services are now open. Please refer to the notice on our website.


Bibox‏ @Bibox365
TTC Protocol listed on Bibox with 1,200,000 TTC. Top 50 users will receive the reward according to the trading volume (Buys+Sells) of TTC. The event time is from 4:00 P.M. on 08/14/2018 to 4:00 P.M. on 08/19/2018 (GMT+8). Details: https://bibox.zendesk.com/hc/en-us/articles/360007912514--Event-TTC-Protocol-Comeback-Trade-to-Win-1-200-000-TTC


DAGT‏ @DAGTofficial
DAGT will start trade at 15:00pm (UTC+8) today on http://www.topbtc.one/home/Market/index/market/ETH/coin/DAGT.html … Trade and win 200,000 DAGT Trade pair DAGT/ETH


CoinMarketCap‏ @CoinMarketCap
New listings! http://coinmarketcap.com/new HOLD (HOLD), UBEX (UBEX), MetaMorph (METM), Twinkle (TKT), Davinci Coin (DAC), Airbloc (ABL), ZCore (ZCR), Apollon (XAP), Infinipay (IFP), savedroid (SVD), YoloCash (YLC), Mero (MERO), PumaPay (PMA), Arion (ARION), Bitcoin Incognito (XBI)


COBINHOOD‏ @COBINHOOD
Savedroid(SVD) is live Deposit & Withdraw is live now! Markets for SVD/BTC, SVD/ETH is open!


Bittrex‏ @BittrexExchange
New Listing Update: The $RVN market is open, and trading will begin shortly on @BittrexExchange.


Neufund (not giving away ETH)‏ @neufundorg
As of today NEU is listed on @BitBay. Next to #BTC, there will be three fiat pairs you can trade NEU against: USD, EUR and PLN


REDDIT


Aragon and responsibility...
by vinelife420

I know price action and the financial aspect of ANT isn't to be discussed in this sub really, but I want to take a minute to congratulate the team and just point out how responsible and transparent they've been about their use of their ETH that they've raised.

Obviously over the last week or so, there has been a ton of questionable projects dumping whatever ETH they came up with in their ICO, which has depressed the entire market. A lot of these projects will never resurface or never even intended to be legit in the first place.

Aragon holds one of the largest stacks of ETH out there and are a shining example of professionalism and responsibility. Crypto on the whole needs more Aragons.
READ MORE: https://www.reddit.com/r/aragonproject/comments/978pzi/aragon_and_responsibility/


Could we maybe stop proposing and voting in favor of new projects while critical dash funded entities are struggling to scale down?
by Quansen

Dash Core, who are developing the freaking dash protocol, has to cut costs by 1/4 next month if they want to stay committed to the 40% max. compensation ask at current prices.

Dash Force, who inform and keep our community together, has already stopped almost all their projects and announced significant cutbacks at current prices.

Dash Nexus, which is about to take dashs USP to the next level, is significantly underfunded.

Kuvacash, who developed what is essentially the evolution ecosystem pre evolution, is struggling to secure funding to get the project landed in one of the most financially damaged economies worldwide.
READ MORE: https://www.reddit.com/r/dashpay/comments/97763s/could_we_maybe_stop_proposing_and_voting_in_favor/


Whats the situation with core funding?
by Fount4inhead

I assume with the current price drop we will have to do some drastic scaling back and layoffs, any info on this?

      Solarguy2003
Depending on what the price is at payout, we can just about afford to keep core cruising along. But not much else. Core is working out a deal with Dash Watch, DashNexus and KuvaCash to keep the critical efforts alive through the skinny times. Some details here:
https://www.dashcentral.org/p/KUVACASH-RESTRUCTURED-LAUNCH-PROPOSAL
READ MORE: https://www.reddit.com/r/dashpay/comments/976bma/whats_the_situation_with_core_funding/


Don’t forget Block One still has around $3 billion in their war chest and $1 billion committed to projects building on EOS. The market cap is now around the money in fiat raised to build out EOS!!...of course this is a buying opportunity!!
by jjs235reddit

Imagine if Block One did an EOS buyback of around $1 billion and then got rid of the coins lowering the supply? Or what if Block One at least comes out and says what they plan on doing with the remaining $3 billion? Either of these could more than double the current price.

      theblockchainkid
It’s a nice idea, but the reality is that “cash” on hand doesn’t and shouldn’t translate into token valuation very well.

Take FirstBlood for example, which raised around 450,000 ETH in their ICO at the end of 2016, which even by today’s price is still close to $125M. Market cap of FirstBlood today is around $6.5M.

Simply put, tokens are not equity: as a holder, you have no contingent claim on the assets in the event of liquidation, so cash cannot effectively be used as a means to determine market cap.

All that cash would would go to the shareholders of B1 in the event of liquidation. Very important difference.
READ MORE: https://www.reddit.com/r/eos/comments/9734i1/dont_forget_block_one_still_has_around_3_billion/


What is your ultimate proof that Daaps will indeed make a major impact?
by XYZDav

It is expected that smart contract platforms will strive thanks to the development of Daaps.
However, apart from Steemit and a couple of others maybe, we have barely seen anything successful in the last few years. Worrying, for now.

I have seen videos about how great Daaps can be, how they can change society and business. These speeches definitely got my attention, and this is why I’m here, but where is the proof?

Why have we seen so little successful projects on Ethereum (who started early) and other platforms so far even though there are thousands of coins and projects out there?

Is it only a question of scalability (which we are only getting now) and time for things to happen?
READ MORE: https://www.reddit.com/r/eos/comments/977lt5/what_is_your_ultimate_proof_that_daaps_will/


Maker statistics
by Omisebro

Is there anywhere that I can see current Maker statistics such as: daily fees collected, current Maker burned etc?

      Davidutro
The Dai Dashboard has all the Statistics, https://mkr.tools/ also has some stuff.
There are a lot of stats that are not present in either.
READ MORE: https://www.reddit.com/r/MakerDAO/comments/971zf4/maker_statistics/


Let's be honest, we all care about price. So why do we never discuss valuation?
by bLbGoldeN

Valuation, not price. Is it to keep others in the dark, so the cycle of shilling continues? It's confusing to me, because everyone keeps saying 'this coin is undervalued', or 'that coin is overvalued' and then, when asked to backup their claims, they go on listing items on the project's roadmap or talking about the team.

I realize that many of you probably don't know what a valuation model is or why it works (to some extent, it's never perfect). Valuation models are especially useful in detecting whether a business (nearly all 2nd and 3rd gen cryptocurrencies are backed by business-like entities) is viable and using multiple different models will tend to yield some kind of 'reasonable range' for a project's market capitalization. If it's under, chances are that it's being underestimated (for cryptocurrencies, that chance is still very low, the entire industry is nascent and we are still in bubble territory). For example, let's take a SaaS (Software as a Service) company. Its most important metrics will likely be:
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/978xt4/lets_be_honest_we_all_care_about_price_so_why_do/


MEDIUM


The Road towards a Fully Decentralized Exchange
Nadja Beneš

Going ahead, we at Gnosis are building fundamentally new market mechanisms founded upon market efficiency and fairness. Through our decentralized platforms, we therefore enable the distribution of resources — whether these are assets, incentives, information, or ideas.

Under the umbrella of Gnosis’ extensive research on decentralized exchanges and proof of concept explorations, the DutchX will be the first iteration and a crucial first stop on the road towards fully decentralized exchange models.
The DutchX is a protocol for interactive use by other smart contracts or decentralized applications. Coupled with a pure on-chain design, the DutchX doubles a price oracle and is built to enable users, bots, as well as other smart contracts to exchange tokens. Any decentralized application in need of exchanging tokens and/or integrating a price feed can make use of the DutchX, so the integration possibilities are numerous. Be one of the first to build on top of the protocol!
From centralized to semi-decentralized to fully decentralized
READ MORE: https://blog.gnosis.pm/the-road-towards-a-fully-decentralized-exchange-56a32adbe7d7


MakerDAO and Wyre Give Businesses Immediate Access to Dai Stablecoin in Over Thirty Countries, Including U.S.A.
MakerDAO

Fast, secure and compliant bridge converts fiat currencies directly to the Dai stablecoin

SAN FRANCISCO — August 14, 2018 — MakerDAO, the creator of Dai, the world’s first decentralized stablecoin based on the Ethereum blockchain, and Wyre, the leading blockchain money transfer company operating a regulated global payment infrastructure, today announced the availability of Dai as a trading pair, allowing for fast and compliant conversion of fiat currencies to Dai.

Wyre specializes in infrastructure to bridge the gap between traditional banking and digital assets. MakerDAO provides stability and security on the blockchain with the Dai Credit System. Working together, MakerDAO and Wyre allow organizations to compliantly move fiat currency directly into and out of Dai, removing exposure to the unpredictability of speculative cryptocurrencies like Ethereum or Bitcoin while benefittng from the speed, transparency and security of the blockchain.
READ MORE: https://medium.com/makerdao/makerdao-and-wyre-give-businesses-immediate-access-to-dai-stablecoin-in-over-thirty-countries-4fe94957c730


New Swarm Masternodes put you in the driver seat
Katerina Kan

Swarm has made a big step toward the full decentralization of the network by introducing Swarm Masternodes. Anyone who acquires a masternode — which is a compute resource that runs the Swarm core software and validates transactions — will have a say in how the network operates and evolves. And that’s how you democratize finance. To ensure fast deployment of the masternodes, Swarm is launching a lucrative incentive program. Check out the press release and the blog post by Philipp for all the details.

Be sure to also view media coverage of the Swarm Masternodes announcement:


EOS+WULET=ICO
Wulet.io

We have chosen EOS, because it has several advantages important for WULET:

-scalability. EOS capacity is now around 5,000 transactions per second, and soon it will increase tenfold. Multi Sequencing the network will scale the capacity to a million transactions per second. Moreover, EOS supports a synchronised communications and the separation of authentication from execution.

-Flexibility. In the event that an error is found in an application built on EOS, the authors of the block can freeze it until the error is fixed, and then refresh the code without any hard forks or pauses in activity of other network applications.

-Convenience. EOS includes a selection of web-instruments for the creation of interfaces, self-describing interfaces and database schemes, as well as declarative enabling circuits, which allows to easily delegate them to other accounts.
READ MORE: https://medium.com/@wulet.io/eos-wulet-ico-1ca71640fd40


CRYPTO COMPARE STATE OF THE CRYPTO


Bitcoin is down 6.35% at $6,034.890 with a volume of Ƀ106.8k - $661.1M on the USD pairs.

Ether is down 9.45% against Bitcoin at Ƀ0.04466 per Ether and down 15.09% against the dollar to $269.33 with average volume Ƀ76.1k on the ETH/BTC pair.

Bitcoin Cash is down 8.1% to Ƀ0.08263 with volumes of Ƀ15.9k and down 13.95% against the dollar at $498.18.

Ripple is down 6.91% to Ƀ0.00004381 with volumes of Ƀ9.7k and down 12.75% against the dollar at $0.2642.

Zcash is down 11.32% for the day to Ƀ0.02202 per ZEC and down 17% against the dollar to $132.8 with an average volume of Ƀ5.8k for the 24 hour period.

Litecoin is down 13.59% against the dollar for the day at $51.64 and down 7.64% to Ƀ0.008561 on volumes of Ƀ13.1k.

Dash is down 11.19% at Ƀ0.02302 with Ƀ4.7k volume and down 16.55% against the dollar at $138.93.

Iota is down 16.88% to Ƀ0.00007023 on Ƀ1.9k volume.

Ether Classic is down 12.03% to Ƀ0.001813 with volumes of Ƀ15.6k and down 17.37% against the dollar at $10.94.

Monero is down 10.54% against the dollar at $85.16 and down 4.46% against Bitcoin at Ƀ0.01413 on volumes of Ƀ3.5k.

Neo is down 13.36% for the day to Ƀ0.00251 per NEO and down 19.03% against the dollar to $15.15 with an average volume of Ƀ5.0k for the 24 hour period.

Waves is down 9.74% to Ƀ0.0003002 on Ƀ1.0k volume.

Stratis is down 19.99% to Ƀ0.0002001 on Ƀ455.282 volume.

Cardano is down 12.82% to Ƀ0.00001517 on Ƀ3.6k volume.

NEM is down 1.35% to Ƀ0.00001676 on Ƀ714.085 volume.

EOS is down 7.13% to Ƀ0.0007291 on Ƀ15.6k volume.

Tron is down 15.23% to Ƀ0.00000295 on Ƀ8.5k volume.

Stellar is down 3.43% to Ƀ0.00003494 on Ƀ8.5k volume.


RELEVANT READS


Bitrefill Continues Expansion and Dash Integration, Including 10% Off Orders Paid with Dash
https://www.dashforcenews.com/bitrefill-continues-expansion-and-dash-integration-including-10-off-orders-paid-with-dash/

EOS (EOS) Continues to Attract New DApps and Those on the Ethereum Platform
https://ethereumworldnews.com/eos-eos-continues-to-attract-new-dapps-and-those-on-the-ethereum-platform/

Dash CEO: Wall Street likely working on crypto-related projects in private
https://bcfocus.com/news/dash-ceo-wall-street-likely-working-on-crypto-related-projects-in-private/20850/

The bitcoin bubble has popped, but here's why that's good for crypto: Coinshares

Winklevoss Twins Continue Moving Forward Despite SEC Bitcoin ETF Decision
https://www.newsbtc.com/2018/08/13/winklevoss-twins-continue-moving-forward-despite-sec-bitcoin-etf-decision/

Estate Planning For Crypto And Other Digital Assets: What You Need To Know
https://www.forbes.com/sites/tedknutson/2018/08/14/estate-planning-for-crypto-and-other-digital-assets-what-you-need-to-know/#795570f32f51

Jamaica Stock Exchange to Trade Crypto Assets in 2018
https://www.coindesk.com/jamaica-stock-exchange-to-trade-crypto-assets-in-2018/

Ethereum Tumbles 17%, Investors Blame It On An ICO Sell-Off
https://www.newsbtc.com/2018/08/14/ethereum-tumbles-17-investors-blame-it-on-an-ico-sell-off/

SEC Slaps 'Fraudulent' ICO Founder With $30K Fine, Lifetime Ban
https://www.coindesk.com/sec-slaps-fraudulent-ico-founder-with-30k-fine-lifetime-ban/
Why the Cryptocurrency Bubble is Reminiscent of Hodling Amazon Stock: CoinShares CSO
https://www.ccn.com/why-the-cryptocurrency-bubble-is-reminiscent-of-hodling-amazon-stock-coinshares-cso/

Luxcore goes through massive reorganization, names John McAfee as new CEO
https://www.chepicap.com/en/news/2912/luxcore-goes-through-massive-reorganization-names-john-mcafee-as-new-ceo.html

FM HomeCryptoCurrencyICOsSEC Halts Tomahawkcoins ICO on Fraud Allegations
SEC Halts Tomahawkcoins ICO on Fraud Allegations
https://www.financemagnates.com/cryptocurrency/icos/sec-halts-tomahawkcoins-ico-on-fraud-allegations/

Ethereum’s falling price splits the crypto community
https://dollardestruction.com/13476/

Binance: We don’t list shitcoins
https://coinatory.com/2018/08/14/binance-we-dont-list-shitcoins/?utm_source=FB&utm_medium=Official+Page+News&utm_campaign=SNAP

Age of Rust is a forthcoming Enjin Coin-backed blockchain game with its own rental market
https://www.gamezebo.com/2018/08/14/age-rust-forthcoming-enjin-coin-backed-blockchain-game-rental-market/

Market Update Report August.14
https://cryptopotato.com/market-update-report-august-14/

TRON Acquired Top-level Domain Name ‘BlockChain.org’ To-be Google of Blockchain
https://www.coinspeaker.com/2018/08/14/tron-acquired-top-level-domain-name-blockchain-org-to-be-google-of-blockchain/amp/?__twitter_impression=true

Goldman Sachs And J.P. Morgan Join $32M Series B in Enterprise Blockchain Startup Axoni
https://www.forbes.com/sites/michaeldelcastillo/2018/08/14/goldman-sachs-and-jp-morgan-join-32m-series-b-in-enterprise-blockchain-startup-axoni/#646cb40e6276

Global cryptocurrency market loses 10 pct of value in 24 hours
http://business-review.eu/news/global-cryptocurrency-market-loses-10-pct-of-value-in-24-hours-180839

Bitcoin Touches Lowest Since June as Selloff Grips Crypto Market
https://medium.com/@cryptofuse/bitcoin-touches-lowest-since-june-as-selloff-grips-crypto-market-2961e46852dc

COINBENE STARTS TRADING ELECTRONEUM
http://newslinepro.com/2018/08/14/coinbene-starts-trading-electroneum/

Bitcoin [BTC] trading becomes illegal in Saudi Arabia
https://blockmanity.com/news/regulations/bitcoin-btc-trading-becomes-illegal-saudi-arabia/

Why You should Restrain from Checking Cryptocurrency Prices and Give it a Break
https://www.cryptovibes.com/editors-choice/why-you-should-restrain-from-checking-cryptocurrency-prices-and-give-it-a-break/

How to create Bitcoin Wallet App?
https://vironit.com/how-to-create-bitcoin-wallet-app/

Did ICOs Cause Ethereum to Drop by 44% in 2 Weeks by Dumping on the Market?
http://coinhub.news/cs/article/ccn-did-icos-cause-ethereum-to-drop-by-44-in-2-weeks-by-dumping-on-the-market

Smart Investors Are Digging In
http://coinhub.news/cs/article/nulltx-smart-investors-are-digging-in

Attorney: ICO funding trends have changed to signify a new era
https://cryptolinenews.com/2018/08/ico-funding-trends-have-changed/

Despite its 70% Price Drop, Bitcoin Surpassed Gold in Settlement Volume
http://coinhub.news/cs/article/ccn-despite-its-70-price-drop-bitcoin-surpassed-gold-in-settlement-volume

Markets Update: Bloody Crypto-Markets Suffer More Losses
http://coinhub.news/cs/article/bitcoincom-markets-update-bloody-crypto-markets-suffer-more-losses

Ethereum [ETH] development made easier: Developers get access to Truffle’s new website
http://coinhub.news/cs/article/ambcrypto-ethereum-eth-development-made-easier-developers-get-access-to-truffles-new-website

Square Expands Cash App Bitcoin Service to All 50 US States
http://coinhub.news/cs/article/coindesk-square-expands-cash-app-bitcoin-service-to-all-50-us-states

Crypto Mining: Are There Signs of Miners Giving Up?
http://coinhub.news/cs/article/cryptovest-crypto-mining-are-there-signs-of-miners-giving-up

Bitmain’s $600 million Bitcoin Cash [BCH] problem
https://blockmanity.com/news/bitmains-600-million-bitcoin-cash-bch-problem/


This is not investment advice, this is information culled from the web today. Please do your own research.

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