Bankchain blues

❄️ ❄️ January 8, 2018 ❄️ ❄️ "Always prefer the plain direct word to the long, vague one. Don't implement promises, but keep them." ― C.S. Lewis Got this from a friend? SUBSCRIBE HERE THE FEATURE Banks and the Blockchain Blues Like the misleading opening of a well-crafted thriller, the blockchain bustle in the banking sector is sending a confusing message. To see how, let's take a brief look at the timeline: In 2013, the news was full of banks shutting down bitcoin company accounts and worrying about being displaced by the innovation. This continued in 2014, while a handful of brave institutions began to look at the underlying technology. In 2015, we started to see the emergence of "thought leadership" from some incumbents, as well as promises of imminent blockchain trials and launches. These began to materialize and multiply in 2016, as use-case testing spread. And in 2017, we have seen an even greater number of trials, proofs-of-concept and prototypes, as well as the growth of financial consortiums. It appears that confidence is increasing. Or is it? Read the whole article Tweet Share Wait, there's more: SEC Suspends Trading of Hong Kong Blockchain Firm's Stock The U.S. Securities and Exchange Commission (SEC) has halted trading of a Hong Kong-based firm UBI Blockchain. Ripple Down 30 Percent as Bull Run Fades Ripple's XRP token is down more than 30 percent today, amid losses across the wider cryptocurrency market. Banks and the Blockchain Blues Banks excited about their blockchain work may do well to monitor their signal-to-noise ratios in 2018. Delaware State's Blockchain Lead is Leaving for New Pursuits The founding director of the government-backed Delaware Blockchain Initiative has departed for a consultancy based in the state. Overstock Leads $2 Million Funding for Blockchain Voting Startup Medici Ventures, a subsidiary of online retail giant Overstock.com, has led the seed funding round of mobile voting platform Voatz. Bitcoin Faces Bear Move as Price Drops Toward $15K Bitcoin is looking weak today after prices failed to hold above $17,000 levels at the weekend. Indian Lawyer Files Petition Demanding Cryptocurrency Regulations An Indian lawyer has filed a public interest litigation (PIL) seeking to force action on the regulation of cryptocurrencies in the country. IBM, Comcast Back New Blockchain Startup Fund IBM and Comcast Ventures are backing a blockchain investment fund aiming to scale early stage start-ups focused on enterprises. I Love Bitcoin. That's Why I Sue Exchanges The lawyer who's filed more crypto class actions than any other speaks out on his outlook on the blockchain industry. Weathering the Altcoin Storm (And Investing for the Next) The crypto markets may be divorced from fundamentals, but that doesn't they're devoid of patterns and rhythms you can read. Anti-Virus Token? Polyswarm Seeks Safer Internet With ICO PolySwarm will be running an initial coin offering for the purpose of enlisting security researchers across the globe in creating a safer internet. 2018's Challenge: What Are Crypto Assets Really Worth? We've bought in, but how much are these assets really worth? Turing Group's top quants talk about a major token challenge ahead. A Legal Renaissance, Blockchain Style Last year, lawyers and law firms finally got over themselves and worked together in the blockchain space. In 2018, such teamwork will be critical. Regulatory Whack-a-Mole Won't Beat Crypto Evasion If the U.S. government just tries to go after each problematic example of crypto on an ad-hoc basis, it'll never get ahead of the issue. Go to CoinDesk BTC: $14,000.89-13.46%  ETH: $1,040.32 -9.43% @10:09 EST - More price details 👋 CoinDesk is Hiring 👋 Come join our great team here in New York City! Copyright © 2018 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