summary: Fidelity has made a big push into cryptocurrency. Tether loses it’s peg. Bithumb raised $350m, Bitstamp sold for undisclosed amount. Coinbase has raised $300m at an $8bn valuation. A full bitcoin node on your android mobile is now easier. Lightning network integration for excel. Morgan Stanley declares Bitcoin is officially an institutional asset class.
Bitmex research take a look at new information made available in Bitmain’s IPO prospectus. The new filling confirms that Bitmain made a loss of US$395m in Q2 2018.
The SEC has charged and shutdown an offshore BTC trading platform for not undertaking proper KYC and AML practices and offering their services to US customers. Similar services like Binance and Bitmex do not allow registrations from US customers for this reason.
Google reverses the ban on cryptocurrency companies advertising
Former bankers from UBS have raised $100m to launch a regulated cryptocurrency bank
Malta prime minister gave a speech at the United Nations and called cryptocurrencies the inevitable future of money.
Noble Bank is seeking a buyer after losing it’s main customers, Bitfinex and Tether.
Tether sought out alternative banking arrangements. However issues surrounding the conversion between tether and USD saw many holders of tether looking for an exit. The most liquid exit was to buy Bitcoin on tether based exchanges like Bitfinex and Binance and then sell the Bitcoin on fiat exchanges like coinbase or bitstamp. This resulted in a premium for Bitcoin on those tether exchanges. At its worst the implied value of tether was as low as 91 cents on the dollar.
Binance have invested $3.5m in Australian start up TravelbyBit, the company behind bringing bitcoin point of sale terminals to retailers at Brisbane airport.
Winklevoss twin’s Gemini exchange has secured insurance over customer crypto deposits.
TD Ameritrade, DRW, Virtu Financial, and Susquehanna are launching a new market for crypto called ErisX in Q2 2019.
Coindesk has compiled a list of the top US blockchain universities. With many Ivy league names now offering courses in blockchain technology.
Poloniex will end support for margin trading for U.S customers to comply with U.S law.
Here is a collection of recordings from the recent Baltic Honey Badger conference.
In particular this presentation by Nic Carter is worth watching.
Running a bitcoin full node on your Android phone is now even easier
Here is a collection of articles covering privacy in cryptocurrencies. The articles touch on privacy in Bitcoin, Monero, Dash, Zcash, Verge and Mimblewimble
The Yale university endowment fund has begun investing in Cryptocurrencies
Ex Bitmain chip designer has raised $22m through his company MicroBT to build an ASIC to compete with Bitmain
The SEC has begun cracking down on ICO’s that they see as being illegal securities offerings
The Chinese central bank has begun hiring blockchain and cryptocurrency professionals to possibly begin work on China’s own cryptocurrency.
Bithumb, Koreas largest bitcoin exchange, has sold 38% of its shares for $350m.
Blockfolio, the app for tracking cryptocurrency investments, has received $11.5m in series A funding from Panterra Capital, Bitmex and Huobi.
Fidelity has made a large move into cryptocurrency, launching a separate entity called Fidelity Digital Assets to offer trade execution and custody for customers. They’ve also done their homework, releasing a great history of the space and revealing they have been mining Bitcoin since 2015.
Docusign will integrate Ethereum for it’s document signing/signature verification service.
Goldman sachs will use Bakkt’s custody service
The US SEC will launch a fintech hub to engage with cryptocurrency startups
Ethereum based tokenized virtual reality land sold for $100,000
Vertex ventures will invest in Binance to aid the expansion in Singapore.
Visa and IBM are said to launch a blockchain based digital identity system.
The blockchain phone from HTC has launched and will be sold for Bitcoin. The phone will function as a hardware wallet for cryptocurrency.
Coinbase has joined with Poloniex/Circle in supporting their US pegged coin “USDc”
The New York department of Financial Services has granted approval to Coinbase to act as a custodian for cryptocurrencies.
An excel plugin has been developed that allows for easy lightning network integration
Sony’s research and development department has been developing a cryptocurrency hardware wallet
Bitstamp has been acquired in an all cash deal by NXMH. Bitstamp is one of the oldest and still popular bitcoin exchanges in Europe.
Coinbase has raised $300m at an $8bn valuation from Tiger Global.
Morgan stanley has produced a 56 page report on Bitcoin and declares it officially a new institutional asset class.
Anthony Pompliano’s latest podcast is a great listen for anyone needing a comprehensive overview of why Bitcoin is so important and here to stay.