Issue #83
27 June - 3 July 2015
For this week, I would like to ask one simple question and I really hope that you can hit the Reply button and help me answer it: What are you struggling with in the cryptocurrency scene?
Bobby
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Latest News
Compliance, risk management and payment processing specialist, Vogogo Inc. (TSX VENTURE:VGO) today announced the closing of its oversubscribed $12.5M B Round financing.
The Monetary Authority of Singapore has funded a blockchain-based recordkeeping system as part of a five-year $225m investment plan.
CNN reported that the world's largest Bitcoin exchanges say they've seen a surge of business from Greece.
Market
On Monday evening New York time, a U.K.-based start-up called coinwallet ran its own "stress test" of the bitcoin network, looking to flood the system with transactions in order to make a point: the systems current constraints are too small to handle increased traffic.
A combination of these proposals could help scale Bitcoin - increasing block size, Bitcoin Lightning Network, Open Transactions, Sidechains, Treechains
Chris DeRose wrote in American Banker: In order for a blockchain to succeed, it needs to be a public resource. That means few alternative blockchains are likely to achieve much traction outside a small niche.
“It’s faster to send money overseas through a FedEx envelope than international wire.” —Ripple Labs Head of Business Development Patrick Griffin, speaking at the SAP Financial Services Forum in London, June 24, 2015.
Legal
The authors of this post are attorneys at Holland & Knight. The authors explored how blockchain technology may impact the practice of law.
Learn
Pantera CEO Dan Morehead recently gave a keynote presentation for the Inside Bitcoins conference in New York City entitled, “The Five Phases of Bitcoin”. Below is a combination of his speech text and slideshow from the keynote.
CoinTelegraph tapped into the experience of several startup founders to get an idea of things aspiring entrepreneurs should avoid when starting their own business in the cryptocurrency industry, which for many is still uncharted territory.
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PS: If you get value from this newsletter, I'd appreciate your BTC support: 17JTkZzg4xZqWDbzdeGiL2rtNPcpi64aZ7 - any BTC tips I receive go directly to funding research for this newsletter. Thank you loads for the support :)
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