Daily 10: ‘When Lambo?’ Gets Real, $100M to Blockchain Gaming, SEC Stings DJ Khaled, Floyd Mayweather on ICO Promos

November 29, 2018



As always, the crypto and blockchain ecosystem saw plenty of action over the past 24 hours. To help you keep up with all that’s going on, I pieced together a 21-part thread. Below, we’ve got ten of the thread’s most noteworthy inclusions. Enjoy!


[1] Top-tier cryptocurrency exchange Coinbase announced support for privacy-protecting Zcash (ZEC) on its Coinbase Pro offering. ZEC trading will initially be accessible for Coinbase Pro users in the U.S. (excluding N.Y.), European Union, U.K., Canada, Singapore and Australia.


[2] The U.S. Securities and Exchange Commission (SEC) settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled (aka DJ Khaled) for failing to disclose received payments for promoting ICO investments. Represented the first time the SEC charged ICO-related touting violations.


[3] TRON Foundation (TRX) revealed it will be establishing a blockchain game fund dubbed ‘TRON Arcade’. Up to $100M committed for use over the next 3 years!


[4] Richard Craib (Founder, Numerai), declared his A.I.-run hedge fund project will no long mint Numeraire (NMR) and will cut total supply by ~45% to 11M. Over the past year, Numerai has been distributing NMR tokens via a series of airdrops. NMR jumped by ~40% shortly after Craib’s tweet.


[5] Huge couple of days for leading decentralized oracle network Chainlink (LINK). Partnerships were announced with RTrade Technologies, a Canadian company creating solutions for emerging protocols and technologies such as blockchain, web3, and distributed storage, and Olympus Labs, an up-and-coming player in the blockchain-based fintech space. What’s more, AWS- and ConsenSys-partnered Kaleido presented its production-ready subscription plans for enterprise blockchain solutions at AWS re:Invent 2018. In doing so, Chainlink’s integrability with Kaleido was demonstrated to the audience.


[6] ConsenSys’ blockchain venture studio – ConsenSys Labs – led a $2.1M seed round for AZTEC Protocol, a startup working to make Ethereum-based transactions private. Doing so will help incentivize financial institutions to begin using the Ethereum blockchain.


[7] In other equity funding news, Boston-based analytics firm Flipside Crypto raised a $4.5M seed round led by Digital Currency Group (DCG) and Coinbase’s investment arm, Coinbase Ventures. Making crypto easier to understand via its simple, smart, and sophisticated ‘Flipside Crypto Asset Score (FCAS)’.


[8] At long last, leading cryptocurrency security startup Ledger announced that privacy-oriented Monero (XMR) had been made compatible with their flagship hardware wallet, Ledger Nano S! You can now head to Ledger Live to install the Monero app on your Nano S.


[9] In a cringeworthy – albeit clever – marketing play, Nagezeni (NZE) has collaborated with growing crypto exchange Coinsuper to launch an NZE Trading Contest starting December 3. The prize? A brand-new Lamborghini Huracán Coupè.


[10] Two top-notch interviews to wrap up! Nuggets News’ very own Alex Saunders chatted Nick Johnson (Lead Developer, Ethereum Name Service) about the exciting UI/UX inroads ENS promises to bring to the Ethereum ecosystem. Another popular crypto-oriented YouTuber, Nicholas Merten (aka DataDash) invited Dr. Prash Puspanathan (Founder & CEO, Caleb & Brown) on to his latest DashCast episode to share the latest from the OTC space.


Want to see all 21 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!

Nugget’s Crypto Community