There’s never a dull day in crypto. Even in a bear market. Microsoft develops blockchain products, Ethereum announces upgrades, Gemini plans to list Litecoin, and Justin Sun gives a very non-specific partnership announcement. Check it out in today’s roundup!
How Brave Is Reinventing The Internet
The Brave browser is gaining momentum as a viable alternative option for private and secure browsing. Brenden Eich (former CEO of Mozilla) launched the Basic Attention Token Initial Coin Offering (ICO) last year. BAT tokens are used in coordination with the Brave browser for contributions, ads, etc.
Eich also stated the need for GDPR-like regulatory standard, in a letter to U.S. regulators.
Microsoft Is Pushing New Blockchain ID Products (But There’s Pushback, Too)
Microsoft recently released its plans to help users with their private information. They are developing personal encrypted data storage for users, among other products. This is perhaps one of the most applicable use cases for blockchain technology. It would allow users to keep their data private, but still use it for third-party verification with user permission.
Microsoft also plans to develop a type of wallet app that helps manage data usage permission.
Constantinople Nears: Ethereum’s Next Hard Fork Is On Track For 2018
Ethereum developers announced upgrades that were “coded into all major Ethereum clients, including those by the Ethereum Foundation and U.K. startup Parity” CoinDesk reports. The upgrade is not active yet but will be at some point this year (likely).
This upgrade to Ethereum includes further optimization and a decrease in block rewards for mining.
Winklevoss Twins’ Gemini Crypto Exchange Gets Regulatory Green Light For Litecoin Trading
Big exchanges are starting to add new coins and tokens, as seen in the Coinbase addition of ZRX yesterday. Today, Gemini announced reception of approval to list Litecoin (LTC). Gemini seeks to comply with regulation, making their listing of assets notable news.
Gemini also plans to list Bitcoin Cash (BCH) but has decided to delay those plans.
“Some of [the] forks [currently under discussion] lack the replay protection feature that would be required for Gemini to safely support Bitcoin Cash. Because of this situation, we are delaying our launch of Bitcoin Cash deposits, withdrawals, and trading until late November, after the forks have passed and we can evaluate the health of the Bitcoin Cash ecosystem” reports CoinTelegraph.
TRON’s CEO Tweets Of Forthcoming Partnership With ‘Industry Giant’ Valued At ‘$10s Of Billions’
TRON CEO Justin Sun made a tweet today, alluding to significant partnership in the works. Sun tweets, “Finally, first time to partner with tens of billions USD valuation industry giant. Guess the name”.
— Justin Sun (@justinsuntron) October 12, 2018