The Latest Crypto News
Blockchain & Cryptocurrency News & Insights
Bringing you the latest crypto news in this week’s Intrepid Report: an SEC commissioner shared optimistic and forward-looking views on the approach towards ICO regulations and why it makes sense for Facebook to move into blockchain. We’ve got insights on the failings of ICO Telegram groups, as well as thoughts from the Blockchain Review on how blockchain technology can transform game skins trading, and much more. Check it out below.
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Key news highlights. What’s going on in the world of Blockchain?
Huawei to Offer BTC.com Bitcoin Wallet in App Store
Huawei, the world’s third-biggest handset maker, released BTC.com’s Bitcoin wallet in its AppGallery, according to an e-mail statement by the company. The BTC.com wallet will be the first cryptocurrency app offered by Shenzhen-based Huawei. The AppGallery will be pre-installed on all new Huawei and Honor phones and will be rolled out to older devices in the coming months.
SEC Commissioner: Cryptocurrency Innovation May be Good
SEC Commissioner Hester Peirce addressed the challenges of innovation in the financial services sector while providing insight into her philosophy regarding the emerging ICO marketplace and cryptocurrencies. She sees an appropriate role for a regulator as being akin to a lifeguard – taking action when necessary but not monitoring the “sandcastle builders’ every decision. Read on for the rest of her speech, which is among one of the best to date by a US regulator or policymaker.
Bermuda’s Blockchain Strategy Goes Beyond Just Winning New Business
Bermuda is one of several small territories and microstates striving to leverage their nimble governments to attract blockchain and crypto businesses by creating regulatory certainty where other, larger governments have failed to deliver thus far. And to date, its strategy has proved fruitful. Here’s how Bermuda’s strategy sets it apart from other jurisdictions and how it is able to lure crypto and blockchain startups in.
Why It Makes Sense For Facebook to Move Into Blockchain
Facebook is still reeling after the Cambridge Analytica scandal, but it’s not stopping the company from making some big changes. The tech behemoth announced that it will appoint new heads for WhatsApp, Messenger, and the Facebook core app while it shifts the responsibilities of its longtime executives to focus on the blockchain. This could be an exploratory move for Facebook to stay on top of the trends in the crypto industry, but it could also hint at other possibilities Facebook intends for its 2 billion global users.
India: Supreme Court Denies Interim Injunction Against RBI Restrictions
Last month, the Reserve Bank of India (RBI) ordered regulated banks and payment platforms to “immediately suspend their services” to companies dealing with digital currencies. The RBI’s statement was met with public outcry as the bank’s move directly affected the interest of a great number of cryptocurrency companies and startups. A group of representatives from various crypto-related businesses filed a petition with the Supreme Court of India to seek interim injunction against the RBI, which was denied. The case is still pending.
The latest insights, thoughts, and analysis from the Intrepid Team
How Blockchain Technology can Transform Game Skins Trading
Video game skins trading is big business. However, current gaming skin marketplaces are inefficient, expensive, unfair and rife with scams. Here are 3 main limitations that need to be addressed to transform gaming skins trading and why a decentralized ecosystem is the way forward for the industry.
Articles, white papers, ebooks, and more
ICO Telegram Groups Failing Investors, Women, Minorities
The cryptocurrency community is obsessed with Telegram. ICO investors and leaders alike consider the number of participants in a Telegram group to be a bellwether of success — or failure. And like most social platforms with a low entry cost and a high potential return, these ICO groups can easily be manipulated to inflate the importance of the project. Here’s what makes Telegram special and an evaluation of whether it is really as necessary as it seems.
What’s In A Block, Anyway? An Introduction to Block Explorers
In a nutshell, a blockchain explorer is simply an app that directly interfaces with the data contained on a blockchain. You’ve probably stumbled your way into one of the popular block explorers while surfing the crypto-web without really understand the depth of the tools at your disposal. Even though the name “block explorer” would suggest it can only be used to look up individual network blocks, that is not the case. Here’s an introduction to block explorers and why they are far more versatile than people anticipate.
Updates on what we’re up to and our upcoming events
Metabase: Solving Scalability
Scalability is currently the ‘crown jewel’ problem of blockchain technology because the transaction throughput of current blockchain systems is an order of magnitude lower than what is required for real-world adoption. In this deep dive we take an in-depth look at the Metabase blockchain design and how scalability has been built into it.
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Julien Breteau is Head of Content Marketing at Intrepid Ventures, a blockchain venture studio. He’s focused on championing Intrepid’s mission, delivering thought-provoking, high-quality content, and engaging with Intrepid’s growing communities around the world.