Latest cryptocurrency insights and analysis
18 Feb 2019
🔎 Loopring and PwC issue a stable value coin report
Big Four auditor PwC and decentralized exchange protocol Loopring published a market research report on the state of the stable coin market and its classification.
The report, taxonomy, fundamentals, use cases and financial analysis of the segment - a comprehensive read for both newcomers and experts in the field.
source: Loopring, PwC
17 Feb 2019
💃 Argentina settles exports in Bitcoin with Paraguay
Paraguay purchased $7,100 worth of pesticides in a deal export with Argentina. The transaction occurred on the Bitcoin network and then converted in Argentinan pesos to settle the accounts of an agricultural chemical company.
It is the first time an export deal is settled in a cryptocurrency for both countries. The initiative comes under the Argentinian "Exporta Simple" program which aims to simplify export deals worth less than $15,000.
16 Feb 2019
🏛 Mike Novogratz: "Institutional clients are preparing to enter the cryptocurrency market"
Galaxy Digital Investment founder believes that institutional players should start to invest in crypto by next year. He mentioned that "all the architecture that institutions need to feel comfortable with this [cryptocurrency] is being put in place".
Online custodian storage solutions have recently witnessed a sudden surge, with Fidelity investments leading the way. Novogratz further stated that 200 to 300 clients are ready to invest via Fidelity.
source: Altcoin News
15 Feb 2019
✔ Filecoin opens GitHub repo for transparency
Distributed storage network Filecoin announced they have opened their code base to increase their community reach. Although Filecoin has not deployed its main network yet, the initiative is a first step to open and test their product.
14 Feb 2019
🤠 Ethereum Enterprise Alliance deploys "token task force"
Enterprise Ethereum Alliance (EEA) executive director Ron Resnick announced the launch of a task force in "the first half of this year". The group will focus on a token standardization for corporates and business use-cases.
The task force will first engage with industry bodies to ensure communication standards when it comes to the design and launch of tokenized assets.