Last Week in Crypto — 02 Dec 2018
By: Shrikar Ru
Tags: Dogecoin, Ripple, Crypto, Bitcoin, Litecoin

Last Week in Crypto — 02 Dec 2018

News on Bitcoin, Satoshi, Ripple and more

Hope you all had a great week…A lot of developments happened last week from Amazon launching its Blockchain services to the NASDAQ announcing the launch of Bitcoin futures and Satoshi coming back from the dead.

Our team is also growing consistently! We added Manisha Agrawal to our team. She is a mom of a three year old and a passionate writer…We are happy to have her on our team.

Here is a summary of the developments last week:

Institutional developments in Crypto last week:

- Fidelity plans to expand its trading service by adding top 5–7 Cryptos

- Coinbase launches OTC trading desk

- VanEck partners with NASDAQ to launch bitcoin futures

- Abu Dhabi based Al Hilal bank settles $500 Million bonds on the blockchain

Regulatory developments in Crypto last week:

- G20 country leaders call for Crypto tax regulation

- SEC cracks down on ICO influencers

- Ohio starts accepting bitcoin for tax payments

- Wyoming passes Blockchain friendly bills

- US treasury dept sanctions two Bitcoin addresses

Corporate developments in Crypto last week:

- Amazon launches two new Blockchain services

- Intel wins a patent for energy efficient bitcoin mining

- Asus allows users to mine Crypto using idle graphics cards

- SIRINLABS launches blockchain phone priced at $999.

Welcome to another edition of…

🚀 Blockmanity Weekly News 🚀

Dogecoin Creator says Ripple (XRP) is like InitiativeQ Without Referrals — by Shrikar

Creator of Dogecoin Jackson Palmer commented on Ripple and it’s fans in a recent podcast with Laura Shin.

Among the topics that were discussed in Laura’s podcast, XRP was at the highlight of the discussion. Jackson who is also the creator of the ‘Are we decentralized Yet’ website is of the opinion that the marketing by Ripple is similar to InititativeQ.

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Litecoin Creator Correctly Predicted Price Crash Back in December Last Year — by Shrikar

Charlie Lee, creator of Litecoin predicted back in December that Litecoin could crash to $20. Now in November, we are pretty close to seeing that price in reality.

It is no secret that Charlie sold all of his Litecoin holdings at the peak price, he received a lot of backlash from the community at the time and to this day people still criticize him. But it is less known that he predicted a multi-year bear market with Litecoin’s price dropping to as low as $20.

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Satoshi Nakamoto’s Account Active for the First Time After 2011 — by Shrikar

Satoshi Nakamoto the anonymous founder of Bitcoin who has not been active since 2011 in any forums has suddenly posted on the P2P foundation forum with a single word “nour”.

The Satoshi account became active again today and took two actions. First, the account befriended Wagner Tamanaha and then posted a single word “nour”. The email used by the account is satoshi@gmx.com which was allegedly hacked back in 2014.

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Nasdaq Set to Launch Bitcoin Futures in Q1 Next Year According to Sources — by Shrikar

The second largest exchange in the world Nasdaq Inc has decided to go ahead with its plan to launch Bitcoin Futures.

Two people familiar with the matter told Bloomberg that Nasdaq is likely to launch the futures trading in Q1 next year. The futures will be based off the prices on various spot exchanges compiled by VanEck. VanEck is already working on a Bitcoin index obtained from three of the most reputed Crypto OTC Desks which will also be used as a base for its ETF.

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Ohio to Accept Bitcoin for Tax Payments, Calls it Secure and Transparent — by Shrikar

On November 26th, Ohio became the second US state to start accepting Bitcoin for tax payments.

Businesses will be able to pay their taxes in Bitcoin (BTC) by registering with the state government via OhioCrypto.com. Twenty-three kinds of taxes can be paid using Bitcoin including utility tax, sales tax, and employee holdings.

Read More »

Disney’s Wreck-It-Ralph 2 features Cryptocurrency Startup SAFE Network — by Rishabh

The cryptoverse recently exploded after crypto’s Safe Network got a cameo in Disney’s animated film Wreck-It-Ralph 2: Ralph Breaks the Internet.

Scotland based Maidsafe launched their own cryptocurrency MaidSafeCoin (MAID). a utility token for sharing data on a free and anonymous network.

Read More »

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