COINFEED HEADLINES OF THE DAY
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Bears taking over in the last 24 hours. Bitcoin takes a dip to test waters at $6300.
Movers and Shakers
Winners: WaltonChain up by 6% on little bit of volume.
Losers: And of course what goes up must come down with MobileGo as our biggest loser shedding 6%.
Most of the trade volume in the market today has been among bitcoin and stable coins. Stable coin spreads quickly drying up and likely not by accident.
Top Headlines
Alright the headlines of the day.
Stable Koin Desu
A Japanese regulator says stable coins are not virtual currencies. As such, stable coin brokers would need additional licenses to operate as an issuer of prepaid instruments.
https://coinfeed.com/share/2833768/64/24543/jxnzvw/japanese-regulator-stablecoins-are-not-cryptocurrencies-under-current-law
StarkWare Privacy Protocol
Another crypto startup StarkWare is making waves for its zero-knowledge proofs privacy feature that can be added to public blockchains. StarkWare recently raised a total of $30 million dollars from an all-star group of crypto funds that include Consensys, Coinbase Ventures, Multicoin Capital, Scalar Capital, Intel Capital, Sequoia Capital, and Pantera Capital just to name a few. Creative naming convention guys.
https://coinfeed.com/share/2848233/64/24543/jxnzvw/paradigm-leads-30-million-funding-for-crypto-privacy-startup-starkware
Bitstamp Money Moves
The Luxembourg-based exchange Bitstamp has been acquired by a private equity firm in Brussels for a rumored $400 million dollars. Not a bad investment considering the founder started the company with one thousand euros.
https://coinfeed.com/share/2838997/64/24543/jxnzvw/bitcoin-exchange-bitstamp-acquired-in-latest-cryptocurrency-deal
Maple Changed
Following up from our story on MapleChange yesterday. The exchange says it will provide refunds for all assets other than Bitcoin and Litecoin.
https://coinfeed.com/share/2854396/64/24543/jxnzvw/hacked-canadian-bitcoin-exchange-maplechange-returns-to-twitter-opens-refund-chat-room
shEOS
Earlier this week, Spanish-software company shEOS announced a protocol that will quote unquote teleport you ethereum tokens on to the EOS blockchain. They do this by bricking your Ethereum tokens while simultaneously resurrecting them as EOS tokens. That’s an interesting way to build interoperability. Can you guess why they call themselves shEOS? Comment below!
https://coinfeed.com/share/2836415/64/24543/jxnzvw/new-eos21-protocol-allows-the-ethereum-tokens-to-be-8220teleported8221-to-the-eos-blockchain
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