1) BTC Today $:

Open: 3421.46
High: 3534.23
Low: 3413.48
Close: 3486.95
Volume: 4139364829
Marketcap: 60741625426

(Days of Nuclear Winter Continues)

Old but Gold background news

2) Toronto Stock Exchange Operator TMX and Paycase Launch Crypto Broker Desk

TMX Group, a Canadian financial services company that operates market exchanges including the Toronto Stock Exchange, and Paycase Financial, a value network and trustware provider for decentralized financial services, on Thursday announced the first public cryptocurrency brokerage desk by a major exchange. The new brokerage service, Shorcan Digital Currency Network (Shorcan DCN), will first focus on bitcoin and ether.

“We are thrilled about this partnership between Paycase Financial and the TMX,” said Paycase Financial CEO and OECD Think Tank Special Advisor Joseph Weinberg, in a statement. “As the first-ever public crypto brokerage desk by an exchange, this deal represents the true institutionalization of cryptocurrencies as an asset class. It signifies what a flourishing startup community and a set of large institutions can do when they collaborate and work together to build the financial world of the future. Canada’s tight, cohesive startup scene, institutions and regulatory environment is a model for the world stage. And most importantly, it demonstrates that Canada is open for business.

3) PeerStream Hooks Lon Wong’s ProximaX as First Client

Blockchain-based content streaming service provider PeerStream announced on Thursday that it had signed document storage and streaming platform ProximaX, as its number one client for its market-ready business service. ProximaX is led by Lon Wong, President of the NEM.io Foundation.

PeerStream (OTCQB: PEER), formerly known as Snap Interactive, has a long history of technology innovation, holding a total of 26 patents, according to its statement. It will licence its PeerStream Protocol (PSP) technology and integrate it into ProximaX’s platform for decentralized document proofing and storage, supplying the multimedia streaming and communications application layer for messaging and content delivery.

ProximaX founder Lon Wong said, in a statement: “ProximaX sets itself apart by elevating blockchain technology to a higher playing field. With the inclusion of PeerStream Protocol, we are now able to include capabilities beyond document proofing and storage solutions, such as messaging and streaming content delivery. The end result is an enriched and highly extensible platform for building decentralized applications.”

4) Lloyds Register Foundation Funds Maritime Blockchain Labs Project with BLOC

Lloyd’s Register Foundation and Blockchain Labs for Open Collaboration (BLOC) on Thursday announced a funding partnership to set up Maritime Blockchain Labs (MBL), which will see one of the oldest and most recognizable names in the shipping industry join forces with blockchain experts to explore use cases in the global maritime industry.

According to a press release, the Foundation, the lead funder of the initiative, will provide resources over the next 18 months for Maritime Blockchain Labs to pursue three demonstrator projects focused on aspects of risk and safety where distributed systems can enable breakthrough solutions. The three demonstrators will build, apply and model the use of distributed systems to create impacts that enhance safety of life and property at sea and serve as case examples to be shared with the community.

5) FT Slams Saga’s New Regulatory-Friendly, Non-Anonymous Crypto

Backed up by a swathe of high-profile investors, including the Chairman of JPMorgan Chase, the Saga Foundation on Thursday unveiled its vision of a non-anonymous, blockchain-based digital currency, /SGA, to address policymakers’ concerns over cryptocurrencies’ anonymity, volatility and lack of underlying value. However, the Financial Times, (paywall) today accused Saga of playing it safe; of not providing adequate justification for the existence of its cryptocurrency (a symptom, it says, common to the wider crypto industry), and of making too much of its non-anonymous nature.

In a statement, Swiss-based Saga said that, instead of an initial coin offering (ICO), the project is being financed by a USD 30 million seed round, supported by accredited investors, VC’s and hedge funds, including Mangrove Capital Partners, Lightspeed Venture Partners, the Singulariteam Technology Group and Initial Capital.

 

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