Whales rejoice

$30 Million ICO Could Pave Way for Huge Crypto Trades

CoinDesk Weekly is sponsored by  February 12, 2018 "It is the easiest thing in the world for a man to look as if he had a great secret in him."    ― Herman Melville, "Moby-Dick" Got this from a friend? SUBSCRIBE HERE THE FEATURE Into the Dark Pool: $30 Million ICO Could Pave Way for Huge Crypto Trades The term dark pool might sound ominous, but investors think building one could prove to be a boon for the crypto market. Announced today, Republic Protocol has officially completed an initial coin offering (ICO) for its REN token, raising 35,000 ether (roughly $30.5 million at current prices) from lead investors Polychain Capital and FBG, as well as funds like Huobi, Hyperchain Capital and Signal Ventures. Along with retail investors, the participants above are betting big on a way to execute large trades without spooking the market. At least, that's the argument advanced by Taiyang Zhang, CEO of Republic Protocol, who sees the project as a trustless alternative system for crypto trading. Read the whole story Tweet Share ⭐ COINDESK SPONSOR ⭐ At Cryptolobal, we mine a diverse portfolio of cryptocurrencies from one of Canada's largest and most efficient mining operations. CryptoGlobal. We Power the Blockchain. CryptoGlobal is listed on the TSX Venture exchange under the symbol CPTO. Learn More Wait, there's more: Into the Dark Pool: $30 Million ICO Could Pave Way for Huge Crypto Trades Whales rejoice – a new project called Republic Protocol could enable large trades between ether, bitcoin and other cryptos that aren't possible today. IMF Chief Lagarde: Global Cryptocurrency Regulation Is 'Inevitable' Christine Lagarde, head of the International Monetary Fund, has stated that international regulatory action on cryptocurrencies is "inevitable." UK Government Websites Hit By Crypto Mining Malware More than 4,000 websites, including some owned by the U.K. government, have been affected by malware that exploits visitors' computers to mine monero. Abu Dhabi Markets Watchdog Mulls Crypto Exchange Regulations Abu Dhabi's markets regulator is considering drawing up a supervisory framework for cryptocurrency exchange operations. Bullish Signs Above $8K: Has Bitcoin Turned the Corner? Bitcoin clocked six-day highs above $9,000 over the weekend, but a long-term bull market revival may not be on the cards, yet. T-Mobile's Blockchain Work Is Quietly Coming Together T-Mobile has entered the blockchain space and it's using Hyperledger technology as a way to rebuild its services on open-source software. CME to Patent System for Seamless Blockchain Rule Changes A new patent application from the CME outlines ways in which the rules underlying private blockchains can be rewritten. China Fintech Watchdog to Step Up ICO Oversight China's National Internet Finance Association said it will normalize efforts in overseeing ICOs in its 2018 agenda. Funny Name or Not, Schnorr May Be a Big Deal for Bitcoin Schnorr signatures are seeing renewed interest from bitcoin developers. But what is the technology and why is it seeing so much attention? Gibraltar's Government Is Moving to Regulate ICOs Gibraltar's legislators plan to discuss a draft of a law proposing to regulate ICOs. Crypto Jobs? Where We're Going We Won't Need Jobs Yes, blockchain entrepreneurs should try to make work more rewarding for employees. But that's just a baby step on the road we're on. Prices Aside, Crypto's Tech Stack Is Steadily Improving The crypto industry may be struggling to move past all the emphasis on price alone – but tangible progress is being made on the technology today. 7 Trends Shaping the Evolving ICO Economy Regulators may be talking more about ICOs, but the technology is advancing anyway. Here's 7 ways it could change in the weeks and months ahead. DJ Gareth Emery Wants to Be Crypto Rich (For a Cause) DJ Gareth Emery has no problem selling out shows. Will he have the same success launching an ICO for his new crypto asset? Bitcoin Sets Six-Day High Above $9K (Then Dips Again) The price of bitcoin clocked a six-day high above $9,000 Saturday as the crypto markets continued to show signs of regained poise. SEC Denies FOIA Request on Controversial Tezos ICO The SEC's denial of a FOIA request for records about the troubled blockchain project does not state that Tezos is under investigation. Nvidia CEO Says Cryptocurrency Is 'Not Going to Go Away' Nvidia CEO Jen-Hsun Huang commented on the rise of cryptocurrencies in an interview Friday, saying they are "not going to go away." Russian Scientists Arrested for Crypto Mining at Nuclear Lab Several scientists working at a Russian nuclear weapons research facility have been arrested for mining cryptocurrencies at the site. Ethereum Devs Call for Public Debate on Fund Recovery A controversial proposal that would seek to alter how ethereum's developers approach software changes saw debate at a meeting Friday. New Jersey Issues Cease-and-Desist to Crypto Investment Firm New Jersey regulators have sent a cease-and-desist letter to an online cryptocurrency investment site called Bitstrade. Go to CoinDesk BTC: 8,670.44 +7.43%  ETH: $865.03 +6.02% @8:48AM EST - More price details 👋 CoinDesk is Hiring 👋 Come join our great team here in New York City! Copyright © 2018 CoinDesk, All rights reserved. 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