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News : Daily Crypto News Bries (5/4/2018) - Printable Version

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Daily Crypto News Bries (5/4/2018) - Decentralized Investor - 05-06-2018

Bitmain announces the new Antminer Z9 mini, an ASIC miner capable of mining Equihash-based privacy coin Zcash; users are limited to one purchase per person; shipments are expected to begin in June; Zcash’s founder sized on the moment to clarify that he was not opposed to ASICs - Link
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Class action lawsuit against Roger Ver and is being shut down; this is primarily due to a lack of funds; the lawsuit, which relates to an allegedly misleading portrayal of Bitcoin Cash, sought donations from the community; the suit only received less than $4,000 in donations or 0.39 BTC - Link
The ”Shivom” project raises $32M in its presale; Shivom is an initiative that is intended to create an openly accessible genomic data pool in a ledger based on blockchain technology; the public ICO round for the project is slated to launch on May 3 - Link
Ethiopian government enters into an agreement with cryptocurrency startup Cardano; the entities will cooperate in applying blockchain technology to Ethiopia’s agricultural tech sector; this news was confirmed by Cardano’s CEO, who said that Cardano will also help train Ethiopian developers in blockchain technology - Link
Announcement date for the IOTA Qubic announced; IOTA is a quantum-resistant distributed ledger protocol, supporting the digital coin ”iota”; the company works with data integrity, micro- and nano-payments, as well as other applications for scalable decentralized systems; more technical details on Qubic will be announced in a month’s time - Link
Lighthouse is being revived on the Bitcoin Cash ledger; Lighthouse is a decentralized crowdfunding application, similar to Kickstarter or Indiegogo, however, it does so through the use of Bitcoin Cash - Link
Only 1% of Chief Intelligence Officers (CIOs) intend to adopt blockchain technology within their organizations, according to Gartner’s 2018 CIO Survey; moreover, only 8% are planning or experimenting with blockchain; 77% of surveyed CIOs said they have no interest in the technology - Link
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New research from ICORating shows that 46% of ICOs launched in 2018 did so with zero development and only an idea; this comes as is becoming increasingly popular to launch an ICO with merely a whitepaper and a roadmap; the median return on ICOs has also fallen to 49% - Link
Mastercard refers to cryptocurrencies as the reason for a slight drop in the company’s first-quarter results; cross-border trade volumes grew by 19%, compared to 21% in the fourth quarter of 2017; Mastercard’s CFO said this reduction in growth was due to fewer people using a credit card to purchase cryptocurrency - Link
Singapore to trial the use of ”Bitcoin banknotes”; this comes as part of a new drive for increased consumer adoption from the cryptocurrency hardware wallet manufacturer Tangem; the Bitcoin ”bills” are in reality banknote-like hardware wallets, and will come in denominations of 0.01 and 0.05 BTC - Link