Tesla Stock on a Blockchain Offers Hint of Where Crypto's Headed

Organised as a weekly newsletter, it presents an overview of the current international blockchain debate. You may find below a selection of the best ideas from the most influential media.
 

Tesla Stock on a Blockchain Offers Hint of Where Crypto's Headed   A digital exchange opening next week will enable investors to trade in companies including Apple Inc., Facebook Inc. and Tesla Inc. outside of the U.S. even when the stock markets are closed. DX.Exchange, which has offices in Estonia and Israel, will offer digital tokens based on share of 10 Nasdaq-listed companies with plans to expand to the New York Stock Exchange as well as in Tokyo and Hong Kong. Each digital security is backed by one regular share and holders will be entitled to the same cash dividends, even though the companies themselves aren’t involved. The exchange’s virtual stock offering will provide a test of investor appetite for products that seek to improve upon mainstream financial markets by using technology from the world of cryptocurrencies. DX will offer digital stocks, or tokens, based on actual shares bought and held by partner MPS MarketPlace Securities Ltd. The tokens will be based on the Ethereum network, with the amount corresponding to demand on the DX exchange. Digital stocks could hold advantages over traditional shares because they can be traded even when exchanges are closed, and traders can choose to buy fractions of a share. They could also give foreign investors the ability to buy and sell U.S. shares they might otherwise struggle to access. Even though U.S. regulators oversee trading of DX’s initial roster of stocks, Chief Executive Officer Daniel Skowronski said he doesn’t need permission from the Americans to offer this service because DX doesn’t operate there. The company says it’s licensed by the Estonian Financial Intelligence Unit with full authorization to operate in the European Union. January 3, 2019 by Alastair Marsh READ FULL ARTICLE https://www.bloomberg.com/news/articles/2019-01-03/tesla-stock-on-a-blockchain-offers-hint-of-where-crypto-s-headed

Bitcoin’s Institutionalization: Dates to Watch in 2019   It’s been over a year since the Cboe and CME listed the world’s first bitcoin futures contracts, the first ever bitcoin investment product to hit the legacy market. Both futures went live just before bitcoin peaked at its $20,000 all-time high. Out-the-gate trading for the derivatives reflected 2017’s market mania, and Cboe’s futures alone traded over 800 contracts (roughly $12,000,000 at the time) within the first two hours of their launch. With the creation of these markets, the euphoric anticipation of bitcoin’s debut on Wall Street conjured up delusions of grandeur. The seemingly unstoppable asset, which had transcended all-time high after all-time high with ease all throughout the 2017 holiday season, was on the cusp of receiving its largest flush of capital yet. Cue 2018 and the bear. Now, bitcoin is down about 80 percent from its all-time high. Its introduction into mainstream institutional markets obviously did not send us to a new paradigm, and some in the community even believe that the futures invited the opposite effect — that they were the cause of the crash. 2018 was not the year of institutionalization that some bitcoin investors hoped that it would be. Instead, it’s been a Sisyphean struggle to give Wall Street an easier in, perhaps best exemplified by the industry’s repeated trial and failure to get an ETF approved by the United States Securities and Exchange Commission (SEC). Still, there are a handful of outstanding deadlines and tentative launch dates that could make 2019 the actual year that bitcoin makes headway in the institutional investment scene. The products related to these deadlines include two futures offerings and VanEck’s long-anticipated bitcoin ETF. For these products, here are some dates to look out for and a brief explanation of how they work. December 31, 2018 by Colin Harper READ FULL ARTICLE https://bitcoinmagazine.com/articles/bitcoins-institutionalization-dates-watch-2019/

The Secret for a $1 Trillion Crypto Market? Keep Building Earlier this year, the total value of all crypto assets reached an all-time high of over $800 billion, driven by a flood of retail customers looking to capture opportunities in a new market. Although the ecosystem aimed to attract this influx of interest, in reality, it lacked the necessary infrastructure to sustain this magnitude of participation. The industry hit a critical point, where systems were stress-tested and it became clear that the existing model was not refined nor built to scale at such a rapid rate of adoption. The industry wasn’t prepared, and while volumes have sharply declined, the work to develop the ecosystem over the last year has increased dramatically. Within traditional capital markets, there are different systems in place that work together to enable these markets to operate efficiently. The required crypto asset infrastructure diverges from the more traditional model, which has created several pain points within the space. These hurdles have made it challenging for investors – particularly on the institutional side – to enter these markets. While the industry is addressing these nuances, there are several key obstacles to overcome before it is prepared for the next wave of market participation. Crypto asset market structure is extremely fragmented; there are more than 200 unique exchanges and platforms, each offering their own set of products. Exchanges also operate out of different jurisdictions, which yield different rules, requirements and operational standards and guidelines. In addition, there are still questions to be answered around qualified custodians. The solutions that exist are varied and nascent, each offering different services for different coins. There is simply no one-stop solution in place today. The industry also lacks generally accepted standards or best practices around security controls, operations and research and valuation. You have to think about managing your operational risk in a completely different way than in traditional markets – this is the only market in the world where the operational risk is greater than the financial risk. And while research and methodologies continue to improve, people want access to more standardized metrics, analysis and price discovery to understand how to value these assets. And perhaps most important, concerns around regulatory clarity remain as one of the greatest barriers to entry. While regulators have taken important steps to understand these markets and have provided guidance in some cases — bitcoin classified as a commodity, not a security — we still need clearly defined rules of the road. Anyone sitting on the sidelines today is likely waiting on clarity from regulators before even considering operating in these markets. Jan 2, 2019 by Jim Radeck READ FULL ARTICLE https://www.coindesk.com/if-you-built-it-keep-building-preparing-for-a-1-trillion-crypto-market

Zion Market Research Report Explains: Global Blockchain In Energy Market likely to grow to USD 11,899 Million By 2024 Zion Market Research has published a new report. According to the report, the global blockchain in energy market was valued at around USD 208 million in 2017 and is expected to reach approximately USD 11,899 million by 2024, growing at a CAGR of above 78.20% between 2018 and 2024. Blockchain, also know as decentralized ledger technology has no core system or a central server. The authentication of these servers is handled publicly. It helps people to trade energy among themselves. The applications of blockchain in the energy market include payment schemes, grid management, governance risk, and compliance management, energy trading, and supply chain management. The ‘blockchain in energy market’ is developed and will be able to fulfill the increasing power demand across the globe. These new systems are beneficial, as they offer fast and secure transaction at a low cost without involving any conventional intermediates. This, in turn, is likely to drive this market in the future. The power and utility companies are exploring different ways to develop and implement blockchain technology, as it provides efficient ways to record and process data. With this system, customers can have streamlined and accurate access to their bills. It also provides effective access to various energy sources and accurate utilization of the service data. Because of these features, blockchain energy is gaining more popularity in the power sector, and thus, is likely to become the driving technology of the future. However, the lack of a clear set of regulatory standards and uncertainty of the regulatory landscape might hinder the market. Nevertheless, advancements in the international trade and supply chain management are expected to provide many opportunities for the key players working in the global ‘blockchain in energy’ market. The global ‘blockchain in energy’ market is segmented based on type, component, application, and end-user. By type, this market is bifurcated into private and public. The component segment includes platform and services. The application of global blockchain in energy market includes grid management, energy trading, government risk, compliance management, payment schemes, supply chain management, and others. By end-user, this global market is divided into power and oil and gas sectors. In 2017, the power sector dominated the market and is expected to continue the trend over the forecast time period. This can be attributed to the rising demand for renewable energy around the globe. December 27, 2018 by Richard Kastelein READ FULL ARTICLE https://www.the-blockchain.com/2018/12/27/zion-market-research-report-explains-global-blockchain-in-energy-market-likely-to-grow-to-usd-11899-million-by-2024/

Bitcoin Futures Exchange Bakkt Raises $182.5 Million from BCG, Microsoft, Pantera Capital, and Others   Bakkt was launched by the Intercontinental Exchange (ICE), the parent firm of the New York Stock Exchange, along with several other influential derivatives and futures bourses to satisfy the institutional interest in cryptocurrencies. Bakkt aims to become a trusted gateway for trading bitcoin-focused financial products. Apart from price speculation, ICE is also looking to facilitate the use of bitcoin in everyday payments and cross-border money transfers. Initially expected to launch in November 2018, Bakkt’s operations were postponed to start in December 2018, and then again to “early 2019” on the count of necessary permissions from regulators such as the Commodities and Futures Trading Commission (CFTC). Unlike most crypto-firms, Bakkt did not offer a tokens sale to raise funds. Instead, it followed the traditional venture capital approach with investors bidding their positions in exchange for equity in the business. Some notable stakeholders include Microsoft’s M12 ventures, PayU, CMT Digital, Pantera Capital, and the Boston Consulting Group. The round was completed Dec. 31st, with a total of $182.5 million raised. Few details are available on how equity was divided between the different investors. Bakkt’s “killer app” is bitcoin contracts delivered within one day. Moreover, Bakkt offers a ‘physical’ warehousing option for cold storage, rather than having private keys stored in an exchange cloud server, which tend to have non-transparent security standards. An Active Year for Crypto The project is led by Kelly Loeffler, the former head of communications and marketing at ICE. Under her purview, Bakkt has finalized deals with Microsoft for their cloud services, and Starbucks to enable real-time conversion of bitcoin—allowing for in-store coffee purchases. In a blog post, Loeffler noted 2018 was the “most active year for crypto,” unlike what most amateur investors might think. She added: “This [active year] was evidenced by rising investment in distributed ledger technology and digital assets, as well as by blockchain network metrics such as daily bitcoin transaction value and active addresses. Yet, these milestones tend to be overshadowed by the more narrow focus on bitcoin’s price, which has been seen by some, as a proxy for the potential of the technology.” January 2, 2019 by Shaurya Malwa READ FULL ARTICLE https://cryptoslate.com/bitcoin-futures-exchange-bakkt-raises-182-million-bcg-microsoft-pantera-capital/

 

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Starbit selects everything needed for a person to be informed and about blockchain technologies and various applications, making it easier, in a progressive manner, accessible to all, thus saving time and resources to anyone interested in this area. The goal is to offer various degrees of knowledge (first level is free as Club Member and the others included in the products purchasable by customers) to those who are interested in playing an acting rule. Starbit also offers an opportunity to those who want to transform all this in a work from home opportunity.

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Registration to the Club is totally free and gives access to the basic information on Blockchain and its applications on the market, the most important of which is constituted by the so-called crypto currencies. At the Club members who are interested in having a more complete knowledge and information is also offered the possibility (it is an option, not an obligation) to buy upgradable services or applications (the acquisition of knowledge is a fact known to be progressive over time).

Any coins  (when free attributed by third parties) that may result gradually, will of course be the exclusive property of the customer and should not be considered in any relationship the servicies or applications purchased.

For maximum clarity applies the following example: if a person acquires an organic farming course that includes in addition to the theory, also a practical detection of cultivation of an organic garden (like was done by Michelle Obama at the White House), any products (carrots, tomatoes, peas, etc.) that will enrich his table, will obviously be of full ownership of those who have grown the organic garden and will not of course no relation to the person who sold the course, even if he has supplied the equipment for the practical test, such as seeds, tools, pots, fertilizers, various preparations, etc.

Subscribers to the Club have the power to start the business, if authorized and in acceptance of all the terms and conditions for the Promoter, explained in the Promoter Agreement and in the Policies and Procedures. They should not incur any fees and never any obligation to buy anything. If as a result of the promotion done, some new Club member, decide to buy a package Information, the Promoter will receive a commercial fee as provided by the terms and conditions above mentioned. It is not authorized anyone to provide news other than those listed here and on the official website, to promise false gains and / or try to push the purchase of the products, which must instead be the result of personal conviction. In particular, it must never be made no reference to any kind of investment if not purely cultural nature. This Club is fully committed to compliance with the laws of the countries in which it operates. It's also open to collaboration with those who help him to improve.For each queries or suggestions please contact via the official website. For questions please contact support@starbit.com.

The world's bigger maker of bitcoin-minig hardware wants to go public, but there are doubts over its profit

Organised as a weekly newsletter, it presents an overview of the current international blockchain debate. You may find below a selection of the best ideas from the most influential media.

The world's biggest maker of Bitcoin-mining hardware wants to go public, but there are doubts over its profits Bitmain Technologies, the Beijing-based company which makes machines used to mine Bitcoin, wants to go public. The company filed to list on the Hong Kong stock exchange at the end of September and aims to raise around $US500 million, the Financial Times reports. If Bitmain raises the full amount, it would give the company an indicative valuation of $US18 billion. That would represent a significant premium to September 2017, when Bitmain sold 5% of its equity for $US50 million in a Series A funding round, at an implied valuation of $US1 billion. And according to documents seen by the FT, there are some discrepancies in the profit figures released by Bitmain in connection with recent capital raisings. The IPO prospectus states that Bitmain's net profit in 2017 was $US701.4 million. But just a month earlier in August, the company released documents ahead of a pre-IPO funding round which said its 2017 profits were $US1.1 billion. And in June this year, Bitmain reportedly closed a $US400 million Series B funding round. Documents circulated in connection with that capital raising said 2017 profits were $US1.25 billion. Bitmain is the world's largest manufacturer of ASIC (application-specific integrated circuit) chips used in the machines that mine Bitcoin. November 13, 2018 by Sam Jacobs   READ FULL ARTICLE https://www.businessinsider.com/bitmain-initial-public-offering-profits-2018-11?IR=T

When the Fork Forks: What You Need to Know as Bitcoin Cash Goes to War  Around 16:40 UTC tomorrow, November 15, 2018, the Bitcoin Cash network is set to undergo another hard fork upgrade. But contention about this upgrade has left the Bitcoin Cash ecosystem divided, which could once again lead to a split into multiple projects and coins. Here’s what you need to know to get up to speed. As a quick reminder, what is Bitcoin Cash again? Bitcoin Cash (sometimes referred to as “Bcash” or “BCH”) is a cryptocurrency that split off from the main Bitcoin blockchain in August 2017. Culminating from Bitcoin’s years-long scaling dispute, the spinoff project most notably increased its block size limit through a contentious hard fork upgrade, “forking off” to become its own coin — though some of its proponents see it as the “real Bitcoin.” While currently trading at a fraction of bitcoin’s value — around $480 at the time of writing — Bitcoin Cash is the fourth biggest cryptocurrency by market cap and has garnered support from big names in the cryptocurrency space like bitcoin.com CEO Roger Ver and Bitmain co-founder Jihan Wu. What is this dispute about? The Bitcoin Cash dispute is really between two competing factions, represented by their respective software implementations. In one corner stands Bitcoin ABC, the “original” Bitcoin Cash client that caused the split away from the Bitcoin blockchain a little over a year ago. Led by Amaury Séchet, and with close (though unofficial) ties to major mining hardware producer Bitmain, Bitcoin ABC has a policy of hard forking about once every six months to upgrade the protocol. This time, Bitcoin ABC will introduce several changes. The first and probably main one is called “Canonical Transaction Ordering” (CTOR). While transactions can currently be included in a block in almost any order, under CTOR, transactions must be included in a specific order. The Bitcoin ABC development team believes this offersa couple of technical benefits, in part related to (future) scaling improvements. A second change is a new piece of script (an “OP code”) called OP_CHECKDATASIG (DSV). This extends Bitcoin Cash’s features, most notably by enabling oracles (which allow for a class of smart contracts). Bitcoin ABC also introduced some smaller technical fixes, like a minimum size for transactions. November 14, 2018 by Aaron van Wirdum READ FULL ARTICLE https://bitcoinmagazine.com/articles/when-fork-forks-what-you-need-know-bitcoin-cash-goes-war

Floor Found? Bitcoin Price Bounces As Sell-Off Slows  Bitcoin has recovered some of its losses in the last couple of hours, adding some $300 to the price of one bitcoin and taking it to $4,700 after 36-hour sell-off that wiped billions from the cryptocurrency market. The bitcoin price sell-off began last week as fears around a so-called hard in the bitcoin cash network, itself a fork of bitcoin, gripped the market amid threats to the sector from bitcoin cash's two warring factions. The bitcoin market then went into meltdown yesterday as investors processed reports some exchanges were altering futures contracts amid the battle for control of the bitcoin cash network. Bitcoin yesterday crashed under $5,000 for the first time this year, down an eye-watering 25% in two days, fuelling fears the cryptocurrency market is heading for collapse. Bitcoin today briefly fell to $4,237, according to the Luxembourg-based Bitstamp exchange, before climbing back to over $4,700 over the last couple of hours. Bitcoin's market capitalization has now fallen to $82 billion, down from more than $110 billion just two weeks ago. Other major coins, including Ripple's XRP and Ethereum's ether, the second and third-largest coins, both also rebounded somewhat from losses of around 15% over the last 24 hours. High profile bitcoin and cryptocurrency investors and traders have today come out in defense of the sector, appealing to panicked potential sellers not to bail out of the market, pointing to bitcoin's turbulent past and repeated recoveries. November 20, 2018 by Billy Bambrough READ FULL ARTICLE https://www.forbes.com/sites/billybambrough/2018/11/20/floor-found-bitcoin-price-bounces-as-sell-off-slows

Fintech firm Revolut gets green light to expand to Japan and Singapore   British mobile bank Revolut has obtained licenses to operate in Japan and Singapore as it readies an expansion into Asia. The London-based financial technology firm said Thursday that it had acquired a remittance license from the Monetary Authority of Singapore and full authorization from Japan's Financial Services Agency. Revolut offers users a prepaid debit card and a current account, as well as premium features like cryptocurrency trading and free unlimited foreign exchange. It said Thursday that it intends to launch its platform in the Asia-Pacific (APAC) region in the first quarter of 2019, and is looking to select Singapore to host its APAC headquarters. Revolut also has plans to eventually release its app in the U.S., Canada, Australia and New Zealand. "We have confidence that Revolut will continue to be a driving force as we expand globally, developing a range of exciting new services for increasingly connected consumers in APAC," Revolut Chief Executive Nikolay Storonsky said in a statement Thursday. "It's a huge market and we're already seeing an incredible amount of people demanding our product." More than 50,000 people in the APAC region have signed up to a waiting list to create an account with Revolut, the firm said. Revolut added that it is working with Singapore's central bank to advise on legislation being tabled in the country's parliament and aimed at streamlining payments regulation under one single piece of legislation. It has also partnered with Japanese e-commerce company Rakuten, property insurer Sompo Japan Insurance and printing firm Toppan. November 29, 2018 by Ryan Browne   READ FULL ARTICLE https://www.cnbc.com/2018/11/29/uk-fintech-firm-revolut-gets-license-to-expand-to-japan-and-singapore.html

Genesis hack: World’s biggest blockchain hackathon launched BENGALURU: IBC media, the creators of the International Blockchain Congress announced the launch of Genesis hack - the world’s biggest blockchain hackathon - at the 10K NASSCOM Start-up Warehouse in Bengaluru on Wednesday. Genesis Hack aims to promote and grow the number of blockchain developers in India. Over 65,000 developers are expected to compete against each other for a cash prize of over Rs 1 crore. Participants will be tested through three major tracks that involve building a blockchain protocol, dApps, and building security solutions for blockchain infrastructures. The event organisers believe that the present state of affairs in India is favouring the adoption of blockchain technology at industrial and government capacities. However, the lack of blockchain developers will set back the intended progress that needs to be made in order to make India block-chain-ready. “But to scale up, we need engineering talent to build and maintain blockchain infrastructures. An event like Genesis Hackathon can help promote the need for more blockchain developers,” Abhishek Pitti, CEO of Nucleus Vision who was present at the announcement to launch the hackathon. Presently, India has about six million engineers who are capable of delivering a solid throughput for the blockchain industry. “As a large-scale event that brings together developers from all over India, Genesis Hack will set the precedent to enable India to solve the biggest blockchain problems in the world with a well-equipped workforce,” said Rama Iyer, President of Elev-en01. November 22, 2018 by Akshatha M, READ FULL ARTICLE https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/genesis-hack-worlds-biggest-blockchain-hackathon-launched/articleshow/66749166.cms

About STARBIT

Starbit aims at spreading theoretical - practical knowledge among ordinary people, without being an expert or willing to become an expert. Starbit is aware of the impact that blockchain and crypto currencies will have on people's lives: for this reason it promotes a mass literacy.

Starbit selects everything needed for a person to be informed and about blockchain technologies and various applications, making it easier, in a progressive manner, accessible to all, thus saving time and resources to anyone interested in this area. The goal is to offer various degrees of knowledge (first level is free as Club Member, or included in Blockchain Information Packages for customers) to those who are interested in playing an acting rule. Starbit also offers an opportunity to those who want to transform all this in a work from home opportunity.

DISCLAIMER: Registration to the Club is totally free and gives access to the basic information on Blockchain and its applications on the market, the most important of which is constituted by the so-called crypto currencies. At the Club members who are interested in having a more complete knowledge and information is also offered the possibility (it is an option, not an obligation) to buy an Information Pack of 2 or 12 months (The acquisition of knowledge is a fact known to be progressive over time). The information pack includes in addition to a continuous theoretical section, a practice section with the use of an authomatic software (artificial intelligence) also designed to generate itself specific information that the customer can see, compare, analyze (the extent, with the frequency and with the intensity that will choose autonomously). For this section is included in the cost of the package also making available remotely, for the entire period, specific robot software. Any coins (among those chosen for the practical exercise) that may result gradually, will of course be the exclusive property of the customer and should not be considered in any relationship with the information package purchased. For maximum clarity applies the following example: if a person acquires an organic farming course that includes in addition to the theory, also a practical detection of cultivation of an organic garden (like Michelle Obama at the White House), any products (carrots, tomatoes, peas, etc.) that will enrich his table, will obviously be of full ownership of those who have grown the organic garden and will not of course no relation to the person who sold the course, even if he has supplied the equipment for the practical test, such as seeds, tools, pots, fertilizers, various preparations, etc. Subscribers to the Club have the power to start the business, if authorized and in acceptance of all the terms and conditions for the Promoter, explained in the Promoter Agreement and in the Policies and Procedures. They should not incur any fees and never any obligation to buy anything. If as a result of the promotion done, some new Club member, decide to buy a package Information, the Promoter will receive a commercial fee as provided by the terms and conditions above mentioned. It is not authorized anyone to provide news other than those listed here and on the official website, to promise false gains and / or try to push the purchase of the Information Package, which must instead be the result of personal conviction. In particular, it must never be made no reference to any kind of investment if not purely cultural nature. This Club is fully committed to compliance with the laws of the countries in which it operates. It's also open to collaboration with those who help him to improve.For each queries or suggestions please contact via the official website. For questions please contact support@starbit.com.

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More than 1 in 4 adults are not getting enough exercise

And there's been no improvement since 2001. Image: REUTERS/Chris Wattie

More than a quarter of the world's adults - or 1.4 billion people - take too little exercise, putting them at higher risk of cardiovascular disease, type 2 diabetes, dementia and cancers, according to a World Health Organization-led study.

In 2016, around one in three women and one in four men worldwide were not reaching the recommended levels of physical activity to stay healthy – at least 150 minutes of moderate, or 75 minutes of vigorous exercise a week.

There has been no improvement in global levels of physical activity since 2001, according to the study, which was conducted by World Health Organization (WHO) researchers and published on Tuesday in The Lancet Global Health journal.

The highest rates of lack of exercise in 2016 were in adults in Kuwait, American Samoa, Saudi Arabia and Iraq, where more than half of all adults were not active enough to protect their health.

By comparison, around 40 percent of adults in the United States, 36 percent in Britain and 14 percent in China did too little exercise to stay healthy.

"Unlike other major global health risks, levels of insufficient physical activity are not falling worldwide, on average, and over a quarter of all adults are not reaching the recommended levels of physical activity for good health," said Regina Guthold of the WHO, who co-led the research.

Image: The Lancet

The WHO says insufficient physical activity is one of the leading risk factors for premature death worldwide. It raises the risk of noncommunicable diseases (NCDs) such as cardiovascular disease, cancer and diabetes.

By becoming more active, it says, people can easily achieve benefits such as improve muscular and cardio-respiratory fitness, better bone health, weight control and reduced risk of hypertension, heart disease, stroke, diabetes, depression and various types of cancer.

The study found that levels of low physical activity were more than twice as great in high-income countries compared to poorer nations, and had increased by 5.0 percent in richer countries from 2001 to 2016.

In wealthier countries, the researchers said, a transition towards more sedentary jobs as well as sedentary forms of recreation and transport could explain higher levels of inactivity. In less well-off countries, people tend to be more active at work and for transport, they said.

They urged governments to take note of these changes and put in place infrastructures that promote walking and cycling for transport and active sports and recreation.