Daily 10: Lend Bitcoin on Ethereum, Blockchain Startup Hires MIT PhD as Chief Economist

December 19, 2018



The crypto and blockchain ecosystem has started the week with vigour. The past 24 hours has seen a heap of developments take place, and so to help you stay on top of it all, I pieced together a 16-part thread. Can’t be bothered looking through the whole thing? All good! Below, I’ve put what I considered the ten most noteworthy inclusions. Enjoy!


[1] Leading blockchain development company Blockstream revealed that its Blockstream Satellite service – which was already covering the Americas, Europe and Africa – now supports the Asia-Pacific region. They also announced the Blockstream Satellite API (available in January). This empowers users to access the Blockstream Satellite network to broadcast data to the world, paid for via the Lightning Network!


[2] Ethereum Community Fund-, Zilliqa-backed Swingby Protocol, a cross-chain lending mechanism for issuing an ERC20 BTC token, unveiled its MVP and whitepaper! The protocol creates a 1:1 soft-peg between bitcoin (BTC) and the BTC token, all whilst keeping the custodian decentralized.


[3] Institutional-grade crypto brokerage Tagomi is now live and executing client trades! The New York-based, Founders Fund- and DCG-backed startup specializes in best-execution, so as to limit slippage and market impact. Tagomi raised a $16M fundraising round earlier this year.


[4] Major crypto exchange Coinbase unveiled a feature called Convert, allowing customers to convert one cryptocurrency into another. Available at launch: bitcoin (BTC), ether (ETH), ether classic (ETC), litecoin (LTC), 0x (ZRX) and bitcoin cash (BCH).


[5] The ICON Foundation (ICX) formed a strategic partnership with leading Japanese blockchain company, LayerX. Together, they will co-host hackathons, demo days, and conferences to increase the adoption of SCORE, ICON’s smart contract implementation environment. Also, as a partner of ICON’s ICX Station, LayerX will help bolster ICON’s network security by providing code audits for its platform, along with dApps built atop ICON.


[6] 0x (ZRX) is evolving its brand! Per an announcement authored by director of design Chris Kalani, ‘0x Project’ will henceforth be known as ‘0x’. Acquired the ‘0x.org’ domain, also. Top job by digital studio Bakken & Bæck on their three-month-long redesign!


[7] Emerging blockchain startup Algorand hired Pablo Azar as their chief economist. He joins after a 10-year stint at MIT, where he worked on cryptography and macroeconomics. He’ll now work to guide Algorand’s economic policies.


[8] BTC.com.au have launched their Bitcoin platform and product suite! Their flagship product, a crypto debit card, lets Aussies spend bitcoin (BTC) and ether (ETH) via EFTPOS, whilst still being able to draw cash from ATMs as per usual. Quite a nifty solution indeed!


[9] Ryan Selkis (CEO & Co-Founder, Messari) appeared on Bloomberg to debate the bull vs. bear case for bitcoin (and cryptocurrency more broadly). The panel explored what 2019 may hold for the crypto space. Interesting viewing!


[10] Aergo (AERGO) has been listed on its first global crypto exchange thanks to KuCoin! Trading pairs are AERGO/BTC and AERGO/ETH. AERGO is the permissionless inception of Blocko’s permissioned blockchain-based operating system, Coinstack. Recently, AERGO secured $30M in a venture funding round that featured some of the crypto industry’s most prominent funds such as Dekrypt Capital, Arrington XRP Capital, and GBIC.


Want to see all 16 parts of today’s thread? All you have to do is click through down below.


I compose threads like these several times a week. Following @mwill_crypto will allow you to read them hot off the press. If you loathe a clogged feed then, by all means, give me the flick and follow @NuggetsNewsAU instead. They actually do interviews and what not. Whereas I…well I just tweet about them!

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