1 bitcoin = $6,491
Market Cap = $112 billion
Fidelity Launches bitcoin Institutional Platform
Fidelity Investments provides financial services for $7.2 trillion in customer assets and provides clearing, custody and investment services for 13,000 institutional advisory firms and brokers.
With Fidelity Digital Asset’s first customers being onboarded now, and general availability scheduled for early 2019, the launch of the subsidiary with 100 employees marks the latest and perhaps the largest push into cryptocurrency by an institutional asset manager.
“This is a recognition that there is institutional demand for these assets as a class,” says Tom Jessop, founding head of Fidelity Digital Assets. “Family offices, hedge funds, other sophisticated investors, are starting to think seriously about this space.” –
CRYPTO ASSETS
Market Cap = $209 billion
Transactions Using Bulletproofs Now Live on Monero
Bulletproofs represent a huge advancement in Monero transactions. We get massive space savings, better verification times, and lower fees. –
0.00004646 – That‘s $0.005 for the best privacy in town you can get with Monero!
What you get for 0.005 Cent
– Stealth Address: make it impossible to discover the actual destination address of a transaction
– Ring CT: hides the transferred amount
– Ring Signatures: mix the spender’s input with a group of 11 other Outputs
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Binance Adds Compliance Tools from Chainalysis
Binance partners with Chainalysis to collect your data and sell it to governments, in the name of making you “feel safe”. –
Sad day for binance. bitcoin needs massive fungibility improvements. –
Bisq Decentralized Exchange
Wow! $400k+ this looks like record volume for Bisq. –
Most was Monero trades. –
Zigzag Platform Provides Swaps Over the Lightning Network
A new platform launched by provides a digital currency trading system that utilizes the Lightning Network (LN) for exchanges.
The project enables users to swap coins by making a payment with any LN wallet to the exchange similarly to the way Shapeshift works.
The Zigzag exchange only needs two cryptocurrency addresses to complete the process, and it doesn’t require any KYC data.
in order to use the Zigzag exchange, users need to send coins with the LN enabled wallets like Zap, Eclair, Lightning, or Htlc.me clients.
There’s also another Lightning Network exchange called that provides traders with the ability to exchange cryptocurrencies using LN technology and atomic cross-chain swaps. –
PRIVACY / SECURITY / INTERNET
The Early Stages of a Censorship Wave
After six years of continuous operation and 5,800 articles published, I’m putting on an indefinite hiatus…
Revenues are too low. We’ve been banned from Paypal and countless ad partners, which forced me to lay off the site editor last year and also lower payments to regular contributors. This started a negative spiral of declining content quality, site traffic, and revenues.
Even the beloved comments section, which many see as the highlight of ROK, was badly hit when Disqus banned us. Currently, ROK receives half the traffic of its peak and less than one-fifth of the income.
We are in the early stages of a censorship wave that will sweep through society. Scoundrels like myself get banned first, and then soon the hammer will come down on anyone who dares to share the truth. –
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This is awful and disturbing. Free speech and inquiry are being destroyed. It’s already well underway. –
COMPANIES / PROJECTS / PRODUCTS
Propaganda on Twitter
Exxon promoting anti Tesla pieces from Bloomberg. Hmm…
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Promoted by American Express.
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KNOWLEDGE
Pessimism About Potentially Life-Enhancing Technologies is Not New
In some cases, the pessimists insist that an older technology is superior to a new one. Some, for example, claimed that an abacus is superior to a and a
Perhaps what is most remarkable about pessimistic responses to new technology is how often the pessimists successfully use the power of the state to try to halt technological progress.
In the 1930s, pessimists that radios were a threat to democracy and that the devices were ruining childhood. By 1936, the pessimists at banning radios in cars in a number of U.S. cities, arguing that they were distracting and might prevent drivers from hearing fire engine sirens.
Sadly, techno-pessimists have managed to enact bans or partial bans on a great variety of technologies. These include “” (cars), “” (elevators), and (which are “the most dangerous thing to life and property ever invented” according to an 1881 New York Times article). The list also includes, more recently, , , and hover-boards.
As practically every day, looking back at how people decried and fought against progress in the past helps put current technological and scientific debates in perspective. –
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