Crypto News, June 7 2018: Flat Day

Highlights: Coinbase to trade securities, blockchain technology entering the corporate mainstream, stealing tanks and taking names.

Coinbase Acquires Broker-Dealer License

Source: Coinbase

Coinbase may soon be able to offer blockchain-based securities, according to a post on their Medium published yesterday. They have acquired a broker-dealer license and are awaiting federal approval. This would mean they operate under SEC rules and regulations, and could also pave the way for tokenizing securities in the future.

Forbes Top 10 Companies All Exploring Blockchain

Source: Forbes

All of the business in Forbes top 10 on the Global 2000 list of “largest public companies” have issued statements or otherwise indicated, directly or indirectly, that they are exploring blockchain technology. The companies include Apple, who has been very quiet about any upcoming blockchain projects, and investment firm Berskshire Hathaway. While not all 10 could be considered advocates of the technology per se, there are implications to the notion that the world’s largest corporations have taken notice.

VeChain, Shanghai Partnership for Alcohol on the Blockchain

Source: Medium

Two of Shanghai’s governing authorities have partnered with VeChain to form the Shanghai Wine & Liquor Blockchain Alliance, an initiative to improve “traceability” of national alcohol production and foster growth for the Shanghai wine industry. The aim to have an official alcohol traceability system in place by 2020.

DENT Launches in Guatemala

Source: Twitter

DENT, a data marketplace for Ethereum, has launched in Guatemala. They’re kicking things off with a $50,000 donation to aid in the volcano relief efforts.

Fujitsu Launches Retail Blockchain Service

Source: Fujitsu

Fujitsu has announced its “Intelligent Society Solution Blockchain Asset Service” (whew), a blockchain-based platform offering retail “mechanisms,” such as coupons. Users can swipe QR codes to activate discounts at restaurants, shops, and a host of other use cases.

Blockchain Gaming Company Raises $5 Million for New Protocol

Source: Forbes

Blockchain gaming company EON Foundation announced that it has raised $5 million to fund its video gaming protocol. The initiative seeks to facilitate game development and deployment on different blockchains like EOS and Ethereum, and will incentivize players and developers with an EON token. EON Foundation’s CEO says they hope to be the “number one blockchain game publisher in the world.”

SAP SE Announces Enterprise Blockchain Solutions

Source: CoinDesk

SAP SE announced a new availability of products and partnerships for enterprise businesses to easily leverage technologies such as blockchain. Using the SAP Cloud Platform Cloud Blockchain, businesses can connect with solutions such as Hypertech Fabric to develop decentralized solutions and services.

Ambrosus Joins Swiss Food Research

Source: Ambrosus

Ambrosus, a blockchain network for food and pharmaceutical quality assurance, has joined the Swiss Food Research network. The network will connect Ambrosus technologies with Swiss agricultural supply chains.

Streamr Adds to Data Marketplace

Source: Medium

Streamr will add EcoSteer and 1Forge as products to its data marketplace, announced today on its Medium page. 1Forge is a financial data provider and EcoSteer is an “Industrial IoT” software company. Streamr also announced the upcoming addition of tutorials and other tools to facilitate new user growth to their platform.

“BTC City” Mall Gets Crypto-Friendly Overhaul

Source: News BTC

Slovenia’s “BTC City” mall aims to live up to its name by becoming completely crypto-friendly. The 500+ stores will all accept BTC as payment and will all operate on blockchain-based technologies. It also sports a hotel, a casino, a movie theater, and a water park.

Waltonchain Launches Blockchain Institute

Source: Medium

Waltonchain will launch its Blockchain Institute, a South Korea-backed non-profit, on June 8th. The Institute will aim to increase the number of blockchain developers and will kick off with two 6-month-long courses in August of this year.

New Listing: Nexus (Binance)

Source: Nexus

Binance has opened trading for Nexus as of yesterday (BNB, BTC, and ETH pairs).

BitMex Lists EOS Futures

Source: CryptoGlobe

Cryptocurrency exchange BitMex has re-added EOS futures contracts to their platform. The move was made ahead of the EOS mainnet launch, originally scheduled for June 2nd, but postponed due to security vulnerabilities discovered in the code.

Genesis Markets Launch

Genesis Markets has launched! If you need a refresher, we covered them in some detail last week. We’re… less-than-impressed with the interface, but hey, if you want to try it, you know we’ve got a referral link for you.

TRON Announces Deal with Shift Markets

Source: Business Wire

TRON will partner with Shift Markets, according to a June 4th announcement. Shift, a “build-your-own-exchange”-type service, will facilitate the expansion of TRON listings, including bringing it to a foreign exchange market in India.

Launch: NANO Pod

Source: NANO

NANO has launched the NANO Pod, a self-hosted “plug-and-play node box” for NANO users. It currently supports Jolt and Canoe wallets.

PVP.ME Introduces Livestream Gambling with NANO

Source: Medium

PVP.ME has integrated with NANO and will now bring betting to Twitch live-streamers. Using the PVP.ME API, streamers can set up an automated service to enable viewers to place wagers. PVP.ME charges a 7% commission. What’s the over-under on “weeks before Twitch shuts this down”?

Coinone Faces Gambling Charges

Source: Thenews.Asia

Executives from the Coinone trading platform are on trial in Seoul today, facing charges of gambling via margin trading. Margin trading is allowed on Korean stock exchanges, but digital currencies do not yet have the proper authorization. In total, 20 Coinone employees have been charged.

FOAM: Blockchain GPS

Source: CoinDesk

FOAM, an Ethereum startup, wants to bring GPS location services to the blockchain. Citing PokemonGo as an example, co-founder Ryan John King stated that the problems with centralized location services are that they are prone to failures and are easily tricked. FOAM will look to address this by implementing a “proof-of-location" system.

Predictive Analytics Offers High Trading Returns

Source: Medium

Cindicator’s Hybrid Intelligence technology is claiming a return of 166% (just under 3x) on Bitcoin by using its custom predictive analytics indicators. 45 traders utilized the indicators in over 1,100 trades over the last eight weeks with an average 21% return in BTC. The indicators are based on forecasts from analysts, traders, and AI.

R3 Running out of Money

Source: Fortune

Two former employees of the R3 blockchain project claim that the company may run out of capital within a year. R3, which started in 2014 and raised $107 million in funding, lost high-profile partners like Goldman Sachs in 2016 when the attractiveness of membership apparently soured. The source article linked above details a pattern of high expenditures, including expensive office space and gratuitous luxury flights.

TREZOR Private Key Vulnerability

Source:

In response to a Reddit debate over whether TREZOR private keys could be discovered, one user took it upon himself to do the work and find out for himself. The results are published at the source link above. TL;DR - yes, update your firmware.

Dungeon Defenders Sequel to Integrate Blockchain

Source: CoinDesk

Developers of the free-to-play Dungeon Defenders game will release a blockchain-enabled sequel. They will partner with SignalZero and utilize their Loot blockchain technology to offer a blockchain rewards and ranking system.

GTA IRL: Zclassic Co-Founder Steals A Freakin’ Tank

Source: The Crypto Tea

Zclassic co-founder and BCH enthusiast Joshua Yabut did his part to raise awareness about the exhilarating dangers of substance use last night when he took a military tank on a joyride through the streets of Richmond. When asked if he was under the influence of drugs, he replied, “That’s a big ‘NO’ with capital letters,” to which we offer a hearty “LUL” of parallel attributes.

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