Those darn cats

CoinDesk Daily is sponsored by  ❄️ ❄️ December 5, 2017 ❄️ ❄️ "Focusing is about saying no." ― Steve Jobs Got this from a friend? SUBSCRIBE HERE THE FEATURE Loveable Digital Kittens Are Clogging Ethereum's Blockchain Can a crypto app be too easy and fun? That might be the case on ethereum, where one project is proving so popular it's putting pressure on the network's technology. Best thought of as a decentralized Tamagotchi, CryptoKitties appears to be striking a nerve with new users, making ethereum fun and accessible to those who aren't in the tech nerd domain. Already, the app, which uses ethereum's blockchain to create a public, shared history of cryptographically unique (not to mention cute and cuddly) fluffballs, is ethereum's most popular, with users having spent at least $3 million total on breeding, buying and selling the in-game items, up from $1 million just yesterday. And currently, the average cat is trading for $100 in ether. But the application is clogging the ethereum network, putting transactions in limbo. Read the whole story Tweet Share ⭐ COINDESK SPONSOR ⭐ Custody for your Crypto Assets Protect and secure your assets with itBit, a regulated Trust Company, and Custodian. With itBit, all assets are backed by regulatory capital reserves, and you can verify custody account balance and holdings 24/7 with personalized access and customer support. Learn More Wait, there's more: $240: Monero Prices Hit Record High and Could Climb Further Prices of the privacy-focused cryptocurrency monero are at an all-time high and could keep on climbing, chart analysis indicates. R3's Corda Platform Launches on Amazon Web Services Consortium startup R3 has launched its Corda distributed ledger platform on the Amazon Web Services marketplace. Adrenaline Rush Over? Bitcoin Eyes $12,000, But Correction Possible Bitcoin may soon move to fresh all-time highs above $12,000, but there are still signs of a possible correction ahead. Now You Can Buy Mariah Carey and G-Eazy Albums with Monero A group of well-known musicians including Mariah Carey, Marilyn Manson and others has begun accepting the privacy-oriented cryptocurrency monero. PetroBLOQ Becomes Latest Member of Enterprise Ethereum Alliance Oil and gas supply chain management platform PetroBLOQ has joined the Enterprise Ethereum Alliance. PayPal's Max Levchin: Blockchain Is 'Brilliant' But I'm Undecided on Bitcoin Max Levchin, co-founder of PayPal, has revealed that he is a big fan of blockchain technology, but is still "not sure" about bitcoin. Bitcoin Futures: Make Way for a New Kind of Whale A rude awakening? That might be what's in store for the bitcoin market's so-called whales according to trader Lanre Sarumi. UBS Seeks IP Protection for Smart Contract Blockchain Validation In a patent application released by the USPTO, money manager UBS indicated it was considering using smart contracts to validate transactions. One Marshmallow Now, or Two Bitcoins in 15 Minutes? Bitcoin has taught its early adopters the value of delayed gratification, giving the lie to the old saw that cryptocurrency serves no social purpose. Bitfinex Hires Law Firm to Challenge Critics Bitfinex has hired white-shoe law firm Steptoe & Johnson and said it may sue a pseudonymous blogger who has accused the bitcoin exchange of fraud. Alleged ICO Fraudster Pleads Not Guilty in New York Court A New York businessman charged with defrauding investors in two initial coin offerings (ICOs) plead not guilty in court last week. Moscow Government Open-Sources Blockchain Voting Tool The government of Moscow is pushing ahead with plans to test blockchain for use in its municipal elections. Loveable Digital Kittens Are Clogging Ethereum's Blockchain Can a crypto app be too easy and fun? That might be the case on ethereum, where one project is proving so popular it's putting pressure on the network's technology. Best thought of as a decentralized Tamagotchi, CryptoKitties appears to be striking a nerve with new users, making ethereum fun and accessible to those who aren't in […] Blockchains Are Forever? Diamond Giant De Beers Unveils DLT Strategy One of the world's most well-known diamond companies is getting into blockchain by investing in an asset tracking platform. Go to CoinDesk BTC: $11,779.68+1.40%  ETH: $464.68 +1.00% @9:16 EST - More price details 👋 CoinDesk is Hiring 👋 Come join our great team here in New York City! Copyright © 2017 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list