CryptoDaily; Roger Ver, Ethereum, Binance, Cardano, Coinbase, Bitfinex, Tether; October 16, 2018

  BLOCKCHAIN NEWS   Ethereum Foundation awards nearly $3 million in grants to blockchain startups and developers Ethereum Foundation awarded almost $3 million in grants to a number of blockchain startups and developers as a part of the ongoing grant program. Ethereum Foundation Grants Team released its fourth wave of grants, as shared on the Ethereum blog on Monday. According to a CoinDesk report, 20 different individuals or groups was awarded $2.86 million for their work on client diversity, scalability, usability, security and for building tools. Read more Sony internally collaborates to give blockchain based Rights Management System The internal units of the Japanese tech giant Sony have partnered to come up with blockchain powered digital right management system. On 15th October, the company announced that Sony Corporation, Sony  Global Education and Sony Music Entertainment are working towards an ideal system for seamless sharing, authentication of digital and education content harnessing blockchain technology. Read more CRYPTOCURRENCY NEWS Roger Ver: Bitcoin Cash is not perfect, there’s room for improvement Crypto enthusiast, Roger Ver, recently shared why he shifted from Bitcoin to Bitcoin Cash, what is it like to do crypto business in the U.S. and which place according to him is the most-friendly ecosystem in the world for crypto. Until November 2017, Ver strongly advocated the policy of Bitcoin Core after which he started proclaiming that Bitcoin Cash is the “the real Bitcoin”. In a recent interview with Cointelegraph, he explained, “I am on the exact same side I have always been, which is peer-to-peer electronic cash for the world.” Read more Paxos shows promise: Over $50 million PAX issued since launch Paxos, a blockchain and cryptocurrency startup, has issued over $50 million Paxos Standard (PAX) stablecoin, as announced by Dorothy Jean Chang - vice president of marketing and communications for Paxos. This announcement comes amid the stablecoin Tether's [USDT] downfall in the crypto market. Tether, the eighth largest stablecoin in the world, has lost its peg and slipped by 5% on Monday. Read more BITBOX lists LINK, Tron organizes airdrop to celebrate BITBOX, a Singapore-based crypto exchange, announced that it has listed LINK, the new cryptocurrency launched by Japan's LINE Corp. In lieu of the new listing, BITBOX will conduct various airdrops for LINK holders. TRON also announced that an airdrop will be organized to celebrate the occasion. Read more Binance CEO comments on Tether after exchange pauses its withdrawals Binance, one of the world's largest crypto exchanges by volume, suspended withdrawals of stablecoin Tether [USDT] on Monday during a period of heightened activity. This came soon after rumors of Binance de-listing Tether started going around, which the exchange later denied. Read more Charles Hoskinson shares what is going on within Cardano, shares upcoming events & more Cardano founder Charles Hoskinson recently shared comments regarding the recent update, the growth of the ecosystem, a potential split between Input Output Hong Kong (IOHK) and Cardano Foundation, and more. Cardano is governed by three independent bodies – Cardano Foundation, IOHK and Emurgo. Recently, the chairmen of IOHK and Emurgo revealed that the Foundation is not performing well. In a recent interview with The Crypto Lark, Hoskinson spoke about the recent open letter – a joint statement from Hoskinson and Emurgo CEO Ken Kodama. Read more Bitpay allows merchants to receive settlements GUSD and USDC According to an announcement on Monday, Bitpay, US-based cryptocurrency payment processor has allowed its merchants to receive settlements in Gemini Dollars (GUSD) and Circle USD Coin (USDC) since Bitpay has started accepting stablecoins. Bitpay has a customer base of 20,000 businesses globally and provides payment services with Bitcoin (BTC) and Bitcoin Cash (BCH). Read more Coinbase opens new office in Dublin to serve EU countries though Brexit isn’t far away oinbase, a cryptocurrency exchange has opened a new office in Dublin as announced on Tuesday by Reuters. The exchange will join the list of banks and financial firms that cater to European Union (EU) needs even after Brexit The Dublin office will keep its rights to sell services in EU countries. However, its non-US headquarters will remain in London. Though cryptocurrencies are unregulated in Europe, Coinbase does have the license to provide fiat currency services throughout the 23 EU countries. People deposit fiat money at Coinbase before selling and buying cryptocurrencies. Read more PumaPay will partner with LiveJasmin to provide crypto payment solutions PumaPay will provide crypto payment solutions to adult live streaming website LiveJasmin. The payment platform, with its unique billing infrastructure PullPayment Protocol will also act as a payment solution by paying LiveJasmin’s models, studios, and affiliates, according to a press release on Monday. With PumaPay, users can easily pay their subscriptions on the adult website by still staying anonymous. Merchants, on the other hand, can save on card transaction fees and avoid chargebacks. Read more Fidelity Investments announces digital assets services to hedge funds and others Fidelity Investments, a US investment firm with more than $7.2 trillion in client assets announced the launch of a new company Fidelity Digital Asset Services, LLC in a press release on Monday. For now, the company will offer custody and trade execution for cryptocurrencies or digital assets to institutional investors such as “hedge funds, family offices, and market intermediaries.” Read more UK bank Barclays puts cryptocurrency trading project on hold Barclays, a major investment bank in the UK has put a cryptocurrency trading project on hold, according to two unnamed persons as reported by Financial News, London. Earlier this year, Barclays opted a senior team to see if they could integrate the trading of cryptocurrencies into its market business. However, the initiative has been put “on ice”, said one of the two persons. Read more OKEx adds four new stablecoins as Tether [USDT] loses stability Adding to Tether's disappointment, OKEx, the third largest cryptocurrency exchange by market cap, has announced today the addition of four new stablecoins to their platform. The announcement comes amidst Tether [USDT], the eighth largest and world's leading USD backed stablecoin, losing its peg and falling by 5% against USD in the crypto market. Read more Bitfinex to launch new fiat deposit system amid Tether losing its peg Bitfinex, on Thursday, had paused all fiat deposits on it exchange platform. The exchange had temporarily halted trading for GBP, USD, JPY and EUR fiat currencies. The exchange platform today has issued an update regarding its fiat deposit status. The update states that, "fiat deposits have been temporarily paused for certain user groups." The cryptocurrency and fiat withdrawals are being processed without any interference. The update comes amid stablecoin Tether [USDT losing its US dollar peg and falling by 5% unexpectedly. Read more Image via Shutterstock Join our telegram group