Boom. Done.

"Nearly instant atomic swaps ... are coming sooner than everyone thinks."

⚛️ ⚛️ January 11, 2018 ⚛️ ⚛️ "Sweater, n.: garment worn by child when its mother is feeling chilly." ― Ambrose Bierce Got this from a friend? SUBSCRIBE HERE THE FEATURE Atomic Action: Will 2018 Be the Year of the Cross-Blockchain Swap? What if there were no exchanges to hack? As a new generation of crypto users begin to invest in the technology, developers are growing concerned about its infrastructure. They've seen this happen before – new users enter the space attracted by big gains, then suddenly, a catastrophic failure, usually at the very exchanges designed to hold and custody those funds. But out of adversity, inspiration is taking hold, with high-profile coders turning their focus to atomic swaps, a concept that claims to allow for the direct, peer-to-peer transfer of cryptocurrencies across different blockchains. In the place of the vulnerable exchanges we use today, the idea behind atomic swaps is that these large repositories of customer money could be rendered obsolete by code. And seasoned blockchain developers like Alex Bosworth believe this is all too necessary, especially given that users today need to effectively give up custody of their assets if they choose to hold funds on exchanges. Read the whole article Tweet Share Wait, there's more: Korean Official: Cryptocurrency Exchange Ban 'Not Finalized' South Korea's Presidential Office said today that a plan to ban trading cryptocurrencies via exchanges in the nation is still not set in stone. Japan's Fisco Launching $2.66 Million Cryptocurrency Fund Japanese Corporate analyst and bitcoin exchange operator Fisco has announced that it will launch a cryptocurrency fund this month. Bitcoin Price Stays Heavy Amid Korean Regulatory Reports Despite the two-way action on the price of bitcoin over the last 24 hours, the bears still appear to have the upper hand. SETL's Fund Record-Keeping Platform Trials Live Blockchain Transactions An asset manager has carried out live blockchain transactions on the IZNES fund record-keeping platform built on blockchain tech from startup SETL. Korea's Central Bank Forms Task Force to Study Cryptocurrency Impact The Bank of Korea, South Korea's central bank, has launched a cryptocurrency task force to explore the technology's effects on the financial system. Crypto Cat and Mouse: 2018 Will Be the Year of Policy Subterfuge Global regulators have staked out a diverse set of rules for blockchain, but entrepreneurs may be better off playing arbitrage until the dust settles. Florida Bill Would Legally Recognize Blockchain Signatures, Smart Contracts A new bill introduced to the Florida House of Representatives aims to legally recognize blockchain records and smart contracts. Atomic Action: Will 2018 Be the Year of the Cross-Blockchain Swap? Atomic swaps herald a way to greatly expand the capabilities of blockchain – but how soon will users be tapping the tech for trading? South Korea Reportedly Expands Crackdown on Crypto Exchanges New reports suggest that the South Korean government is intensifying its moves against the country's bitcoin exchanges. Mike Novogratz Unveils Plan for Cryptocurrency 'Merchant Bank' Billionaire and ex-fund manager Mike Novogratz has unveiled the launch of a cryptocurrency "merchant bank." Bitmain Looks to Europe as China Cools to Bitcoin Miners Bitmain, the China-based bitcoin mining giant, has set up a new subsidiary in Switzerland. Goldman Sachs: Bitcoin Could Be Viable Money In Troubled Economies A new report published by Goldman Sachs highlights how bitcoin and cryptocurrencies could serve as alternative forms of money in troubled economies. Kodak's Cryptocurrency Is Already Being Presold The company licensed by Kodak to use its name in conjunction with a new cryptocurrency has already begun pre-selling it ahead of a public initial coin offering (ICO). Kodak Debuts Bitcoin Miner as Blockchain Pivot Juices Stock Price Kodak has licensed its name to a new bitcoin mining product. Go to CoinDesk BTC: 13,710.77-7.92%  ETH: $1,211.78 -2.87% @9:10 EST - More price details 👋 CoinDesk is Hiring 👋 We're looking for a Social Media & Audience Development Manager. 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