Newsletter
09 March 2020
3 coins to keep an eye on | Issue #72
It's been a bloody weekend for Bitcoin bulls as the bears plunged price over 12% - forming most of the week's 13.6% range - and creating a close 6% lower than the weekly open. The area between $7727 and $8000 might give support, creating a consolidation period over the next week and giving altcoins time to stabilize. The a...
Setting the stage for the ProgPoW debate Earlier today, Ethereum core developers and contributors convened to discuss the highly controversial topic of EIP-1057, otherwise known as ProgPoW. The proposed change to Ethereum’s hashing algorithm has the community divided with tensions running high on ei...
Crypto and security token exchange INX is proceeding with its planned $130 million initial public offering for its own security token that will run on Ethereum. The company is about to launch a roadshow and is targeting April for the IPO. In order to appease US regulators, INX will be moving its hea...
This report is part of a weekly series where we will explore the mechanics behind major Open Finance protocols and evaluate them on a fundamental basis. You can view prior reports here. February proved to be a busy month for Kyber as it got listed on Coinbase and announced they will be implementing...
Ethereum Name Service (ENS) developers spent roughly 140 ETH migrating its domain name registry to address a vulnerability in the system. The costly bug, first revealed by security researcher Sam Sun in Nov. 2019, would allow a user to reclaim ownership of a previously sold or transferred address. I...
BitGo, one of the largest crypto custodians, announced that they will be taking part in the rapidly growing digital asset lending markets. Having built a loan book of $150 million, they will begin competing with the likes of Genesis, BlockFi and Celsius who have built established businesses up to th...
Tezos holders voted overwhelmingly in favor of implementing the Carthage 2.0 upgrade. The Carthage proposal was a joint effort by crypto research outfits Nomadic Labs and Cryptium Labs to help add some code optimizations and fix a few "small issues." In particular, the upgrade will increase the gas ...
ConsenSys and Ernst & Young (EY) announced the two firms are developing a new Ethereum-based protocol, dubbed Baseline Protocol, in collaboration with Microsoft. Baseline aims to help enterprises coordinate their large scale enterprise resource planning (ERP) and customer relationship management...
Today, the Supreme Court of India ruled against a decision imposed by the Reserve Bank of India in April 2018, which banned domestic financial institutions from providing banking services to crypto exchanges. The original decision had forced Indian crypto exchanges to either close shop, relocate, or...
dydx, a decentralized margin trading platform, has announced they will be introducing trading fees for their exchange. Beginning on March 10, there will be separate maker and taker fees for each trading pair denominated as a percentage of trade volume. The decision was made so that the team building...

3 coins to keep an eye on 👀