Celebrate Bitcoin Pizza day with a limited edition Ledger Nano S Pizza Day

Ledger releases limited edition Nano S to mark Bitcoin Pizza day

Everyone has been talking about the upcoming Bitcoin Pizza Day, marking the anniversary of the first documented real-world Bitcoin transaction. Well, the big day is finally here, each year thousands of crypto-enthusiasts celebrate this historic event that took place eight years ago today which seen programmer Laszlo Hanyecz purchase two pizzas for a cool 10,000 Bitcoin, worth only $41 dollars at the time, today that would be more than $80 million dollars.

Grab a limited edition Ledger Nano S Pizza Day from the official Ledger store: https://www.ledgerwallet.com/.

There are plenty of ways to celebrate the occasion from making your own Pizza, this frying pan recipe is super easy, if you live in Manchester, UK, Papa John’s accepts Bitcoin! If you’re not feeling cheesy then hardware wallet firm Ledger, have released a limited edition device called the “Nano S Pizza Day” which comes with all the same features as the original Nano S but Pizza’d up with a cool red body and chrome finish, each box is customised and signed by an employee.

ledger nano s pizza day

The Ledger Nano S Pizza Day units are flying out the oven, with only 1,337 units available to order.

Grab a Ledger Nano S Pizza Day from the official Ledger store here.

The device is priced at €142.80 including tax and free shipping.

Britain’s Crypto task force meets for the first time

Earlier this year Philip Hammond, the UK’s Finance Minister announced the formation of a special task force with a key goal in mind, to ensure Britain remains at the cutting edge of the digital revolution by harnessing the potential benefits of the underlying technology that powers cryptocurrencies.

Her Majesty’s Treasury (HM Treasury) has announced that the first meeting of the Cryptoassets Taskforce took place today on 21st of May 2018, subsequently agreeing on various objectives. These included the potential benefits and challenges of the application of distributed ledger technology in financial services, and assessing what, if any, regulation is required in response.

The Taskforce will consider existing analysis by the government and regulators and will also seek external views from trade bodies, academics, consumer groups and investor representatives. It is unclear as to whether businesses in the blockchain sector are to be consulted, although this would make sense as they have years of experience working in this rapidly growing environment.

Senior leaders from the UK government and other the financial regulators were present, including Katharine Braddick, Director General of Financial Services at HM Treasury, Andrew Bailey, Chief Executive of the FCA, and Dave Ramsden, Deputy Governor of the Bank of England.

Andrew Bailey, FCA Chief Executive said:

“Cryptoassets have been an area of increasing interest for markets and regulators globally including the FCA. We look forward to working with our counterparts at the Bank of England and the Treasury as part of the taskforce to develop thinking and policy on cryptoassets.”

Dave Ramsden, Deputy Governor of the Bank of England said:

“The technologies that underpin cryptoassets have the potential to deliver benefits both to the financial system and to the economy it serves. This taskforce will enable us to work closely with the Treasury and the FCA to explore how the opportunities posed by these technologies can be realised, while also tackling the risks arising from cryptoassets.”

A roundtable will be hosted by the Cryptoassets Taskforce in July with a report set to be published later this year.

Although somewhat supportive the UK government has been concerned with cryptocurrencies and their possible links with criminals and terrorists that use the technology for money laundering,.British Prime Minister Theresa May shared her concerns on the subject when speaking at the World Economic Forum in January 2018.

Britain’s remains a global fintech powerhouse and today’s meeting is an re-assuring sign of continued prowess. The technology sector alone enjoyed a record year in 2017, with 1.3 billion pounds invested and over half the funding from outside of the UK.

The City of London Corporation and Innovate Finance also launched a FinTech Strategy Group earlier this year.

Former CEO of Visa UK to Lead Crypto Startup

Marc O'BrienMarc O’Brien, former CEO of Visa UK, a key advisor of Revolut and one of the United Kingdom’s leading payment services experts, has been appointed CEO of Crypterium, the world’s first mobile crypto bank.

Marc has over 25 years of experience in Financial Services, FinTech and RegTech.

He has been a long time advisor to MasterCard before joining Visa, where Marc held a number of significant positions, including 6 years as CEO of Visa UK and Ireland, company’s second most important market. During Marc’s time as CEO, Visa’s business doubled from $250 to $600 million with market share of debit card payments increasing to 97%.

Marc also started and led the contactless technology programme in the UK and with Transport for London from the very beginning to its multi billion transaction rollout.

After leaving Visa in 2014, Marc has been a key advisor on some of the most exciting startups in the UK, including Revolut where he was advising CEO and team on product strategy, growth strategy, and marketing. He was effectively the third person in the team after the two founders.

Recently, Marc also advised the UK’s Royal Mint on the possible creation of a Gold backed Crypto Token.

Following the global search by Sheffield Haworth, Marc will now lead the launch of Crypterium App that will let its users pay with cryptocurrencies with the same ease and convenience as with cash or credit cards. Users will be able to issue virtual cards, link them to Apple Pay, Samsung Pay or Android Pay, bind them to their crypto accounts and pay at any NFC terminal, or via scanning the QR codes.

“I am delighted to be joining Crypterium at such an exciting time. I strongly believe that cryptocurrency is about to go mainstream and we can be pioneers to build Crypterium into a terrific business,” says Marc.

“We are genuinely very excited by Marc’s appointment. He brings the experience and know-how to build a global banking solution that will have no peers,” adds Austin Kimm, COO of Crypterium.

Amazon partners with Kaleido in bid to harness blockchain

Amazon is one of those companies that seem to have a finger in every pie at the moment and their new blockchain partnership could be one of their tastiest ventures yet.

Amazon’s cloud computing arm has partnered with a start-up called Kaleido, which will now make it easier for customers to put their services on blockchain.

Amazon Web Service said that introducing Kaleido to their customers “is going to help (them) move faster and not worry about managing blockchain themselves.”

The new partnership, which was announced on Tuesday, will see Kaleido give AWS an easy route to get into the same tech area that underpins many cryptocurrencies.

Amazon Web Services offers a cloud computing platform to individuals. It is a paid subscription service and its methods thus far have been to use a partner-led strategy instead of building from the ground up.

As one of the most influential companies in the world, many onlookers have noted that this move will give a massive boost to blockchain’s public reputation.

For those of you that don’t know how it works; blockchain technology records transactions on a public ledger, which is underpinned by blocks of transactions. Fans of the technology state that this system gets rid of the need of a third party and insist that it is more secure and quicker than its competition.

Joseph Lubin, the founder of Ethereum blockchain, reckons this is a sizable move by Amazon.

The pair will be using Ethereum’s tech, so it’s interesting to read Lubin’s thoughts. He said: “This is a heavy duty, full stack way of getting the company into blockchain solutions.”

Lubin added that the recent rise in interest in blockchain has been almost comical. He stated: “Three years ago we were getting calls from companies trying to spell blockchain and trying to order one in a color because their boss told them they should get a blockchain. At this point there are tens of thousands of companies around the world that have real sophistication around this.”

Steve Cerveny, a founder of Kaleido, insisted that this move will make it much simpler for customers of AWS. He said: “They can focus on their scenario and they don’t have to become PhDs is cryptography, we give them a simple platform to build their company on blockchain.”

Cerveny told CNBC that Amazon has been looking to get into this service for a while, stating: “They’ve been looking for partners to help get blockchain into their customers’ hands. They’re putting it in the marketplace will accelerate what their customers are going to do with it.”

“Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves,” Amazon Web Services insisted.

Blockchain’s incredible rise into the mainstream is hitting an all-time high, with Amazon joining the likes of Microsoft and Facebook in a bid to explore the benefits of the technology.

Brazilian city will pioneer Blockchain tech for public transport

Teresina, a city located in the Brazilian state of Piauí will be the world’s first to utilise blockchain technology to manage its public transport infrastructure, paving the way to a smart and futuristic municipality.

The innovative project named “Mobility Observatory: blockchain for the co-management of public transport” will aim to increase transparency by storing records such as fulfillment orders, transactions, travel reports and work orders on the blockchain, all fully accessible to the public. The data will be permanently stored on the blockchain and cannot be altered or modified without changes being tracked.

It is being developed by the Municipality of Teresina through the Municipal Secretariat of Planning and Coordination (Semplan) and Agenda 2030. It is also in partnership with the Municipal Transportation and Transit Authority and the Organization of States (OAS), through its School of Open Government, and the Hyperledger Foundation.

The project has received a €300,000 investment from various funding programmes including the European Union.

“The City Hall of Teresina has made all the investment in the infrastructure part, such as construction of terminals and corridors, so we need to know if the operation of their system is adequate and how we control the operation. already does this monitoring, but we are looking for something more technologically advanced, so we have elaborated a proposal that could improve public transportation in its management” said Gabriela Uchoa, Coordinator of Agenda 2030 in Teresina.

“This innovative project of Teresina that systematizes this management of the operation and makes it transparent, open to the population, in a system that is the blockchain, that can not be modified, altered.Any modification that is made is tracked.The idea is to create a committee of co-management and monitoring of this data and validation of them and all this part of the operation that involves collective transportation is monitored through the blockchain system, “explained Gabriela.

Aiming to transform Teresina into a smart, futuristic and sustainable city, the blockchain in public transportation will bring to the municipality the increase of reliability among those involved in the transportation system and service improvement; sharing responsibilities for the proper functioning of public transport and increasing its efficiency; in addition to prioritizing public transport to have an impact on the reduction of greenhouse gas emissions.

Poland puts banking records on the Blockchain

The largest credit information bureau in Eastern Europe is set to store and secure customer information with blockchain technology.

Polish-based Biuro Informacji Kredytowej (BIK) has partnered with Billon Digital in a move which will see millions of consumer and business documents stored on the Blockchain.

The partnership with BIK will utilise Billon’s ledger technology to safely store and access sensitive consumer data with the aim to provide a fully transparent and trackable method for accessing documents.

BIK is Eastern Europe’s largest credit bureau founded by some of the largest banks in the region such as Bank Pekao, Santander, Bank Polski, Citi handlowy, ING Bank and Bank Millenium S.A.

The fully-GDPR compliant solution guarantees total visibility, trackable history and full data integrity for any client-facing document including banking records, loan agreements, insurance claims, telephone bills and terms & conditions.

“We’re fixing the problem of consumer data control and creating a level playing field between individuals and corporations.”Said Billon, CEO, Andrzej Horoszczak.

The partnership has been approved following extensive consultations with the Polish Office of Competition (UOKiK) and Data Protection Regulator (GIODO), making it one of the world’s first Regtech compliant blockchain solutions.

The partnership is still in the early stages with trials being carried out with eight banking providers.

Biuro Informacji Kredytowe was founded in 1997 with shareholders consisting of some of the largest Eastern European banks including: The Bank PEKAO, PKO Bank Polski, Bank Handlowy w Warszawie, Getin Noble Bank, ING Bank Śląski, Bank Zachodni WBK, Bank BGŻ BNP Paribas, mBank, Bank Millenium, DNB Bank Polska, Związek Banków Polskich.

Crypto Highlights 14/05/2018

HSBC says it’s made the world’s first trade finance transaction using blockchain

HSBC claims it has performed the world’s first commercially viable trade finance transaction using blockchain technology by issuing a letter of credit for the U.S. food and agriculture firm Cargill.

The trade finance transaction involved a bulk shipment of soybeans from Argentina to Malaysia. The letter of credit was issued from HSBC to Dutch lender ING.

In our report earlier this year which exposed the cartel behaviour of the UK’s banks titled “British banks strangle UK crypto-startups”, we found that HSBC was edging towards crypto adoption stating: “HSBC is monitoring the development of virtual and digital currencies such as Bitcoin as well as regulations governing their use.”

Read more at CBRonline.

Deloitte Blockchain Boss Departs To Build Ethereum Supply Chain

Eric Piscini, the man who helped turn Deloitte’s global blockchain practice into a $50 million operation has left the company to join startup Citizens Reserve who are aiming to raise $300 million to rock the supply chain world with blockchain tech.

Read more at Forbes.

Repair your crypto-damaged body

Fix that hunchback, forward head and those other horrible ailments crypto trading has inflected on your body. Crypto trading is the new smoking!

Find out how to reverse the damage here.

CBA CFO quits cryptocurrency role

Commonwealth Bank chief financial officer Rob Jesudason has resigned after less than a year as chief operating officer of EOS.

Read more at News.com.au.

Thailand Creates Tough New Crypto-Currency Law Which Includes Fines and Jail Terms

Thailand’s Security Exchange Commission (SEC) will be in charge of overseeing and regulating all crypto-currency transactions and verifying the identity of clients.

Read more at Chiangraitimes.

https://www.chiangraitimes.com/thailand-creates-tough-new-crypto-currency-law-which-includes-fines-and-jail-terms.html

OKEx becomes world’s largest crypto exchange, CEO resigns to “start a new life”

Chris Lee CEO of the cryptocurrency exchange platform OKEx, has resigned due to ‘personal reasons’. OKEx recently overtook Binance as the largest cryptocurrency exchange in the world with a 24 hour turnover of $2 billion.

Read more at Chepicap.

Decompiling the ElectrumPro stealware

Copycat wallet service “Electrum Pro” has shut down its website after the company it was attempting to impersonate released evidence demonstrating its software was “bitcoin-stealing malware.”. The software stole customers seeds by sending them to a website out of there control. Get those coins out ASAP!!!

IOTA will integrate Ledger support

IOTA enthusiasts will soon be able to store their assets on the Ledger Nano S devices in Q3 of 2018 according to IOTA Foundation member Navin Ramachandran. In our Ledger Nano vs Trezor guide, both devices compared fairly well but the Ledger scraped a win with the wider coin support.

Read more on the IOTA Ledger post.

Reserve Bank of Zimbabwe Bans the Country’s Only Monetary Hope: Bitcoin

Buying life’s daily necessities in Zimbabwe is a trillion dollar affair due to the hyperinflation of its national currency. Because of this Bitcoin was seen as a savour for many and probably still will as its driven underground on the back of news coming from the Reserve Bank of Zimbabwe who has given 60 days notice to financial institutions to end relations with bitcoin businesses.

Read more at BTC Manager.

Gemini is now the world’s first licensed Zcash exchange

In a blog post over the weekend Gemini has said they have been working closely with the New York State Department of Financial Services (NYSDFS), Gemini is the first licensed Zcash exchange in the world. It also makes the NYSDFS the first regulatory agency in the world to supervise Zcash,

Read more at Gemini.

IOTA (MIOTA) Ledger support coming soon!

You will soon be able to store IOTA (MIOTA) on the Ledger hardware wallet!

The official IOTA wallet is currently the best option to store MIOTA; however, its usability and functionality have long been questionable at best, with many users frequently experiencing issues when sending, receiving, broadcasting and attaching transactions. In some cases, users have even been unable to retrieve their IOTA.

Navin Ramachandran IOTA
Navin Ramachandran IOTA

However, this is all likely to change very soon. We spoke with IOTA Foundation member Navin Ramachandran, who assures us that with the upcoming Trinity wallet and ledger support the team are confident they are about to deliver the most user friendly, secure wallet on the market.

 


1. Will IOTA support Ledger hardware wallets and, if so, when? Security is becoming paramount for investors due to phishing and exchanges that are unable to secure customers’ funds.

The Ledger team have recently revealed that IOTA support is on the roadmap. There are a team currently working on this and we are working with them to expedite the integration. Concurrently we have committed to supporting this integration, as soon as it is available, in the new Trinity wallet. The Trinity developers are already in contact.

2. How user friendly will the new wallet be? Lots of users are reporting problems with having to re-attach transactions several times.

The new Trinity wallet has been built from the ground up to be user friendly. This was my main aim for the project. We have tested this with over 400 users during alpha testing, and we will soon be moving into beta testing.

At beta we are confident, based on feedback, that it will be one of the best wallets in the crypto realm. But we are also currently working with an excellent designer to tweak the design to minimise user friction and maximise usability.

The challenge is always how this can be achieved in a decentralised manner but still allow for synchronisation between devices. We are working on some novel approaches together with the IOTA core developers, which we hope will bear fruit in the next few months.

3. A number of IOTA users have no confidence in the current wallet; they are stuck in limbo with no safe way to store their cryptocurrency. How are you solving this?

There’s been a lot of confusion around IOTA’s wallet, but it is important to keep in mind that when IOTA pioneered the next generation of distributed ledgers we made it clear that we had no intention of even creating a UI, as the main focus was on IoT. As demand for a GUI increased, we decided to give the community what they wanted, and we are confident that Trinity will deliver.

From Navin’s feedback it seems that the team are confident that the IoT fundamentals are functioning correctly in a tried and tested environment. In turn this allows them to now focus on and allocate more resources to user software/interaction, with the aim of developing confidence in this area.

Development in these areas is in full swing, with the Trinity wallet concentrating on squashing bugs. It is very likely that once the wallet hits beta testing, it will already be an extremely polished product. Given the problems users encounter with the current wallet, it is reassuring to see the IOTA team carrying out extensive testing and taking the community’s feedback very seriously.

Crypto Highlights 28/04/2018

Vitalik Buterin boycotts CoinDesk conference

In a series of tweets Ethereum co-founder Vitalik Buterin explained why he’s not not attending CoinDesk’s Consensus 2018 conference, citing the $2-3k ticket prices as “rent seeking” and the publications ethics based around “off the record” interviews.

IBM planning to use Blockchain to track diamonds

IBM’s latest blockchain initiative TrustChain will bring transparency to the diamond industry by tracking the process from raw material to finished jewelry.

Read more at Investopedia.

Sony files blockchain patent

Sony has filed a patent with the US Patent & Trademark Office to store consumers digital rights on the blockchain dubbed Rights Management (DRM

Read more at Toinnov.

Venezuela to get $1 billion cash injection from petro ICO

The Venezuelan president has said the country will receive a $1 billion cash injection from the sale of its cryptocurrency named the PetroDollar (XPD) which allegeldy raised $5 billion dollars, $1.7 of which will be set aside for importing “food, medicine and industrial goods.”

Read more at Phys.

Penny stock firm proposes Blockchain mining at coal plant

Plans to create an Australian “Blockchain Valley” with cheap fossil energy have been met with a stony reception from blockchain insiders.

Read more at GreenTechMedia.

AirSwap breaks $1 million trading volume in 24 hours

Decentralised trading platform AirSwap has handled more than $1 million dollars worth of transactions within the first 24 hours of launching. AirSwap was co-founded by a veteran of automated trading firm Virtu Financial Inc

$100,000 bounty for crypto pump-and-dump whistleblowers

The US Commodity Futures Trading Commission (CFTC) has created a bounty to encourage whistleblowers to come forward in exposing “pump-and-dump” schemes withunique information that leads to sanctions of $1 million or more are eligible.

Read more at CFTC.

Crypto exchange more profitable than Germany’s biggest bank

In the first quarter of 2018 the world’s largest cryptocurrency exchange Binance, recorded profits of $200 million surpassing Deutsche Bank’s $146 million. Today Deutsche Bank announced the loss of 1,000 jobs equating to 10% of its US workforce.

Read more at Reuters.

8% of Americans are invested in crypto

Around 8% of Americans know of cryptocurrencies according to a survey of 2,000 adults carried out by Finder.com

Read more at CNBC.

Singapore to speed up Blockchain patent processing

The Intellectual Property Office of Singapore (IPOS) has announced a new initiative named ‘Fintech Fast Track’ that aims to speed up the patent application-to-grant process for blockchain-based patents.

Read more at BlockTribune.

Crypto Highlights 24/04/2018

Early investor in Tesla, Skype and Hotmail says Bitcoin will be bigger than all those combined

Speaking at the Intelligence Squared U.S. debate, renowned venture capitalist Tim Draper said Bitcoin will be bigger than his investments in Telsa, Hotmail and Skype combined, while reiterating his estimates that a single BTC will be worth $250,000 by 2022. He also said that purchasing a coffee with fiat in the future will be commonplace and that staff would laugh if customers tried to pay with old money. Draper purchased 30,000 bitcoins in a 2014 U.S. Marshals Service auction.

Read more at CNBC.

It’s a knockout! SEC charges third founder of Floyd Mayweather-backed cryptocurrency

Raymond Trapan, the co-founder of cryptocurrency firm Centra has been charged by the US SEC for masterminding a scheme which duped investors into believing they had partnerships with major credit card companies such as Visa and MasterCard. The initial coin offering raised $32 million and was endorsed by boxer Floyd Mayweather.

Read more at CNBC.

Total Market Cap smashes through $400 billion

The total cryptocurrency Market Cap has exceeded $400,000,000,000 with a 24hr hour volume of $26,591,855,442 and current volume of $418,414,019,607.

See the current Market Cap at https://coinmarketcap.com/

Iran’s banks banned from dealing in crypto-currencies

The government owned central bank of Iran has banned financial instituions from dealing in cryptocurrencies, stating concerns that the technology could be used by criminals to launder money.

Read more at BBC.

Bitcoin Lightning Network matures with record 2000 Nodes, $150K Capacity and over 7000 active channels

The Lightning Network has almost doubled its capacity in two weeks this month as more and more users expand the protocols usage.

Read more at Bitcoinist.

Incoming heavyweights – one in five big financial institutions are getting ready to trade crypto

According to a survey by Thomson Reuters, one if five institutional financial firms are planning to trade in cryptocurrencies within the next 12 months, more specifically Ethereum, Ripple and Bitcoin are among the most popular. The Bitcoin landing page of Thomson Reuters’ Eikon data terminal is the second most visited page.

Read more at Quartz.

Crypto crackdown lands India’s central bank in court

Kali Digital EcoSystems has challenged the Reserve Bank of India’s clampdown on financial institutions in the Delhi High Court, on two grounds of the 1950 Indian constitution: Under Article 19(1) (g), which allows citizens to enjoy the right to carry on any occupation, trade or business; and Article 14, which prohibits discrimination and mandates equal protection under the law for all. The Reserve Bank of India is aiming to stop other banks and institutions working with cryptocurrencies.

Read more at inc42.

Goldman Sachs explores crypto trading with new hire

Justin Schmidt has been hired by Goldman Sachs as VP and Head of Digital Asset Markets to potential head its crypto trading desk in the future. According to his Linkedin profile, Schmidt was senior VP at Seven Eight Capital and portfolio manager at LMR Partners.

Read more at Tear Sheet.

Are our feline pets behind the bitcoin craze?

A scientific hypothesis on how our feline friends infected with toxoplasmosis are driving humans to buy Bitcoin was presented at last night’s BAHFest at MIT 2018.

Read more at Reddit.

Walmart is getting suppliers to put food on the Blockchain

To improve transparency and reduce waste, Walmart is trying to encourage suppliers to use Blockchain technology. Speaking at the MIT Technology Review’s Business of Blockchain conference in Cambridge, Massachusetts, Vice President of food safety and health for Walmart, Frank Yiannas said blockchain technology was able to cut the time it took to track various types of produce to two seconds from six days.

Read more at Bloomberg.

Binance to create employment opportunities for Uganda’s youth in blockchain

The world’s largest cryptocurrency exchange Binance is planning to use its influence in the blockchain sector to help Uganda in its economic development. It hopes to create new employment opportunities for the Ugandan youth and drive investments from the blockchain sector in the East African country.

Read more at TheNextWeb.

Swiss Post goes Blockchain with Modum

Modum has partnered with Swiss Post to deliver an industry-leading, temperature-monitoring solution that enables regulatory compliance for shipments containing medical and other temperature-sensitive products.

Read more on the Modum blog.

Track crypto prices with your lightbulb

You can now reduce the amount of time spent at your computer checking the Bitcoin prices by hacking your light bulb to glow red/ green or yellow. Get the code on GitHub.

Nasdaq-Listed company Xunlei faces class-action for disguising ICO

Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed.

Read more at Bitcoin.com

Blockchain could help Opiod crisis

BlockMedx aims to reduce the number of opioid overdose deaths with Blockchain technology. It aims to solve the identity and security flaws that are contributing to the current crisis, specifically where prescriptions are forged and duplicated. In 2016 around 64,000 Americans died from a drug overdose.

Read more on BlockMedx’s Medium blog.

LinkedIn cofounder Eric Ly launches ICOHub to eliminate ICO scammers

Co-founder and former CTO of LinkedIn, Eric Ly recently launched Hub, Human Trust Protocol to help strangers safely interact on the internet and build digital reputations based on their transaction history.

Read more at VentureBeat.