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.
4. And by the way, the conference costs $2-3k to attend. I refuse to personally contribute to that level of rent seeking.
— Vitalik "Not giving away ETH" Buterin (@VitalikButerin) April 26, 2018
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
— AirSwap (@airswap) April 27, 2018
$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.