Forwarded from Minter Network
Mining with Brain
We have repeatedly stated that the core value of our network is developers and those who use their projects. And while the vast majority of the community is waiting for the MBank launch, there is a much larger system in the works—the platform for Minter Geeks.
Let’s get straight to the point: top-notch developers, designers, managers, and marketers will have a chance to undergo a merit-based scoring process and start receiving daily payouts from a dedicated fund. They will be able to spend these funds on whatever they deem necessary, such as launching prototypes, hiring personnel, and paying for hosting services. We do not set any limits; what we do, though, is aim to build a system of continuous support for those who do something that matters network-wide.
In the beginning, the fund will be comprised of donations, and all coins will be delegated to the masternodes so that everyone could start getting their daily share. The initial size of the Geeks Fund will stand at 30 million BIP. Twenty million will be provided by the DAO, and another ten, by the team.
We are establishing a system, the first of its kind, where anyone who can really do something meaningful for the community will be rewarded for their brain on a day-to-day basis!
#MinterGeeks
We have repeatedly stated that the core value of our network is developers and those who use their projects. And while the vast majority of the community is waiting for the MBank launch, there is a much larger system in the works—the platform for Minter Geeks.
Let’s get straight to the point: top-notch developers, designers, managers, and marketers will have a chance to undergo a merit-based scoring process and start receiving daily payouts from a dedicated fund. They will be able to spend these funds on whatever they deem necessary, such as launching prototypes, hiring personnel, and paying for hosting services. We do not set any limits; what we do, though, is aim to build a system of continuous support for those who do something that matters network-wide.
In the beginning, the fund will be comprised of donations, and all coins will be delegated to the masternodes so that everyone could start getting their daily share. The initial size of the Geeks Fund will stand at 30 million BIP. Twenty million will be provided by the DAO, and another ten, by the team.
We are establishing a system, the first of its kind, where anyone who can really do something meaningful for the community will be rewarded for their brain on a day-to-day basis!
#MinterGeeks
📨 #DeCenterDaily
🤝 Major U.S.-based cryptocurrency exchange Coinbase is reportedly eyeing the launch of its own insurance business.
via CoinDesk
💸 Visa has backed a $40 million fundraising round for an institutional cryptocurrency custody provider.
via The Block
⚡️ Goldman Sachs accelerates the development of a new secret cryptocurrency project.
via Cointelegraph
🛍 Convenience store chain Sheetz has deployed Bitcoin ATMs in six of its shops.
via The Associated Press
📊 Bitcoin has been graded “A” by Weiss Ratings.
via Decrypt
🤝 Major U.S.-based cryptocurrency exchange Coinbase is reportedly eyeing the launch of its own insurance business.
via CoinDesk
💸 Visa has backed a $40 million fundraising round for an institutional cryptocurrency custody provider.
via The Block
⚡️ Goldman Sachs accelerates the development of a new secret cryptocurrency project.
via Cointelegraph
🛍 Convenience store chain Sheetz has deployed Bitcoin ATMs in six of its shops.
via The Associated Press
📊 Bitcoin has been graded “A” by Weiss Ratings.
via Decrypt
Preston Byrne’s thread on MakerDAO.
Read Now: https://twitter.com/prestonjbyrne/status/1148635941675905025
Read Now: https://twitter.com/prestonjbyrne/status/1148635941675905025
Federal Reserve chairman is certain that Facebook should outline the process of handling a number of regulatory concerns before proceeding with Libra.
Read More »
Read More »
Cointelegraph
Fed Chair Says Facebook Needs to Satisfy Regulatory Concerns Regarding Libra
Federal Reserve chair says time is needed to address concerns about Libra, and that the project cannot move forward until there is broad satisfaction on regulatory policies.
📨 #DeCenterDaily
✅ Binance, one of the world’s largest cryptocurrency exchanges by daily trading volume, has officially launched a margin trading feature.
via ccn
♎️ Gemini, a major U.S.-based digital asset trading platform owned by the Winklevoss brothers, may shortly become a member of Libra Association.
via CoinDesk
💼 The U.S. Securities and Exchange Commission (SEC) has approved Blockstack’s token offering under Reg A+.
via The Block
🇨🇦 Starting next June, cryptocurrency exchanges based in Canada will be legally obliged to register with the Financial Transactions and Reports Analysis Center (FinTRAC).
via Cointelegraph
🗣 Rocket Lawyer’s founder and CEO has called ConsenSys’ Ethereum blockchain a legal gamechanger.
via Modern Consensus
✅ Binance, one of the world’s largest cryptocurrency exchanges by daily trading volume, has officially launched a margin trading feature.
via ccn
♎️ Gemini, a major U.S.-based digital asset trading platform owned by the Winklevoss brothers, may shortly become a member of Libra Association.
via CoinDesk
💼 The U.S. Securities and Exchange Commission (SEC) has approved Blockstack’s token offering under Reg A+.
via The Block
🇨🇦 Starting next June, cryptocurrency exchanges based in Canada will be legally obliged to register with the Financial Transactions and Reports Analysis Center (FinTRAC).
via Cointelegraph
🗣 Rocket Lawyer’s founder and CEO has called ConsenSys’ Ethereum blockchain a legal gamechanger.
via Modern Consensus
Fidelity, Deloitte, Amazon, and 20 other firms are backing a new blockchain accelerator program.
Read More »
Read More »
The Block
Fidelity, Deloitte, Amazon support new blockchain accelerator
Fidelity, Deloitte, Amazon, and 20 other firms are backing a new blockchain accelerator program to mentor budding entrepreneurs in the space. The program, dubbed “Startup Studio,” is set up by IDEO CoLab Ventures, a venture arm from design firm IDEO, and…
According to the Japanese Financial Services Agency (FSA), over 100 cryptocurrency exchanges are currently trying to get licensed in the country.
Read More »
Read More »
Bitcoin News
110 Crypto Exchanges Want to Launch in Japan - A Look at Recent Changes | Regulation Bitcoin News
Following G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency…
Forwarded from Minter Network
Launching Monday.
https://medium.com/@MinterTeam/what-is-a-liquidity-provider-the-mbank-case-fd99de2c5f19
https://medium.com/@MinterTeam/what-is-a-liquidity-provider-the-mbank-case-fd99de2c5f19
Medium
What Is a Liquidity Provider? The MBank Case
In this article, we will use the example of MBank to illustrate what a Liquidity Provider is and how it will help facilitate and…
POTUS has published a thread on crypto. Read now! https://twitter.com/realDonaldTrump/status/1149472282584072192
This week’s #CryptoCaselawMinute examines the marital privilege in the Tezos case, new CFTC litigation, and a lawsuit against Gemini where P says someone identity thefted him & used Gemini to wire money from a hacked money market account to buy crypto.
Read Now »
Read Now »
Medium
Crypto Caselaw Minute #44–7/11/19
This week’s CCM is a veritable smorgasbord of crypto law delectation — from marital privilege and ICO discovery disputes, to the…
📨 #DeCenterDaily
🇬🇧 The government of the U.K. has released a new economic crime plan, which includes action on cryptocurrencies.
via The Block
🇮🇳 According to an alleged leaked draft bill, the government of India may outlaw all cryptocurrencies in the country except for digital rupee.
via Cointelegraph
🇺🇸 A new bill proposes to fine tech giants such as Facebook $1 million per day if they issue cryptocurrencies.
via Reuters
🇰🇷 South Korea’s leading credit card firm has been granted a patent for a blockchain-powered payments system.
via The Korea Times
📲 Samsung has joined the development of a blockchain-based certificate and ID authentication network.
via CoinDesk
🇬🇧 The government of the U.K. has released a new economic crime plan, which includes action on cryptocurrencies.
via The Block
🇮🇳 According to an alleged leaked draft bill, the government of India may outlaw all cryptocurrencies in the country except for digital rupee.
via Cointelegraph
🇺🇸 A new bill proposes to fine tech giants such as Facebook $1 million per day if they issue cryptocurrencies.
via Reuters
🇰🇷 South Korea’s leading credit card firm has been granted a patent for a blockchain-powered payments system.
via The Korea Times
📲 Samsung has joined the development of a blockchain-based certificate and ID authentication network.
via CoinDesk
The U.S. Department of the Treasury Secretary Steven Mnuchin held a press conference on cryptocurrency.
Read More »
Read More »
The Block
U.S. Treasury Secretary says bad actors utilizing crypto is “national security issue”
The U.S. Department of the Treasury Secretary Steven Mnuchin called concerns surrounding crypto a “national security issue” in a news briefing on cryptocurrencies today, stressing that the administration’s “number one issue” is keeping bad actors from utilizing…
The New York State Department of Financial Services (NYDFS) has approved the BitLicense applications of two subsidiaries of a digital asset derivatives provider.
Find Out More »
Find Out More »
CoinDesk
New York Grants Bitlicense to Institutional Crypto Exchange Seed CX - CoinDesk
NYDFS has granted two BitLicenses to subsidiaries of Seed CX, allowing the company to offer crypto services to financial firms.
📨 #DeCenterDaily
🌎 Social media giant Facebook will not launch its blockchain project Libra without regulatory approval.
via The Block
💵 Fiat-pegged stablecoins and other cryptocurrencies could soon “surpass” traditional money such as cash, the IMF suggests.
via Cointelegraph
🧰 R3 has released developer toolkit for creating tokens on the Corda blockchain.
via official blog
🇰🇷 Binance is eyeing the launch of a cryptocurrency exchange in South Korea.
via CoinDesk
🇬🇧 The U.K. finance chief is ready to engage with “potentially transformative” Libra.
via ccn
🌎 Social media giant Facebook will not launch its blockchain project Libra without regulatory approval.
via The Block
💵 Fiat-pegged stablecoins and other cryptocurrencies could soon “surpass” traditional money such as cash, the IMF suggests.
via Cointelegraph
🧰 R3 has released developer toolkit for creating tokens on the Corda blockchain.
via official blog
🇰🇷 Binance is eyeing the launch of a cryptocurrency exchange in South Korea.
via CoinDesk
🇬🇧 The U.K. finance chief is ready to engage with “potentially transformative” Libra.
via ccn
Blockchain, the person added, “is a shiny mirage” and its wide-scale adoption may still “take a while.”
Go to Article »
Go to Article »
Reuters
Wall Street finds blockchain hard to tame after early euphoria
NEW YORK (Reuters) - Two years ago Nasdaq Inc (NDAQ.O) and Citigroup Inc (C.N) announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it “a milestone…
Will CoinJoin make blockchain analytics irrelevant? Could there be a bifurcation of the network over privacy improvements if a large portion of the supply is held in centralized services?
These are the questions that Andreas Antonopoulos answers in one of his latest Bitcoin #QA sessions.
Watch Now »
These are the questions that Andreas Antonopoulos answers in one of his latest Bitcoin #QA sessions.
Watch Now »
YouTube
Bitcoin Q&A: CoinJoin, Privacy, and Network Bifurcation
Will CoinJoins making blockchain analytics irrelevant? Could there be a bifurcation of the network over privacy improvements, if a large portion of the supply is held in centralised services?
CORRECTION: At 1:57 I say that the European Union has deemed CoinJoin…
CORRECTION: At 1:57 I say that the European Union has deemed CoinJoin…
📨 #DeCenterDaily
🇫🇷 France is set to approve first cryptocurrency businesses under its new regulatory framework.
via The Block
💵 Stablecoin issuer Tether accidentally created and then deleted USD 5 billion worth of USDT.
via CoinDesk
🗓 Cryptocurrency derivatives and clearing platform LedgerX is giving retail investors the chance to bet on Bitcoin price reaching $100,000 by 2020.
via Cointelegraph
🇺🇸 The U.S. Senate Commerce, Science, and Transportation Committee voted to approve the Blockchain Promotion Act of 2019.
via Modern Consensus
🗣 Polkadot has announced a new experimental network.
via Decrypt
🇫🇷 France is set to approve first cryptocurrency businesses under its new regulatory framework.
via The Block
💵 Stablecoin issuer Tether accidentally created and then deleted USD 5 billion worth of USDT.
via CoinDesk
🗓 Cryptocurrency derivatives and clearing platform LedgerX is giving retail investors the chance to bet on Bitcoin price reaching $100,000 by 2020.
via Cointelegraph
🇺🇸 The U.S. Senate Commerce, Science, and Transportation Committee voted to approve the Blockchain Promotion Act of 2019.
via Modern Consensus
🗣 Polkadot has announced a new experimental network.
via Decrypt