05/03/2018 - Telegram shelves plans for a public ICO, Goldman Sachs set to begin trading Bitcoin futures within coming weeks

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05/03/2018 - Telegram shelves plans for a public ICO, Goldman Sachs set to begin trading Bitcoin futures within coming weeks
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<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<img src="https://cryptotickerr.com/wp-content/uploads/2018/04/Asset-7.jpg" width="471" height="471"/></p>
<p>Telegram &nbsp;shelves plans for a public ICO; this comes following two funding rounds &nbsp;from private investors which have jointly raised $1.7B; Telegram &nbsp;intends to use these funds to develop a new digital payment platform &nbsp;known as the ”Telegram Open Network” - <a href="https://www.wsj.com/articles/telegram-messaging-app-scraps-plans-for-public-coin-offering-1525281933?mod=searchresults&amp;page=1&amp;pos=1">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>Goldman &nbsp;Sachs set to begin trading Bitcoin futures within coming weeks; this &nbsp;news comes out of a report from the New York Times; the exact launch &nbsp;date of the trading operation is not yet confirmed; however, the bank’s &nbsp;board of directors have reportedly signed off on it - <a href="https://mobile.nytimes.com/2018/05/02/technology/bitcoin-goldman-sachs.html">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>The Enterprise Ethereum Alliance releases set of <a href="https://entethalliance.org/resources/">business standards</a>; &nbsp;these were previously teased at a London blockchain event in April; &nbsp;called the ”Enterprise Ethereum Architecture Stack”, these guidelines &nbsp;will be used by corporations to provide a framework for ”the next &nbsp;generation” of EEA applications - <a href="https://www.ethnews.com/eea-releases-business-standards-the-enterprise-ethereum-architecture-stack">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>Dubai &nbsp;announces a blockchain-based business registry; this is intended to &nbsp;help companies enter the UAE market and comply with existing &nbsp;regulations; Dubai will partner with IBM to develop the system; this &nbsp;comes as the lastest part of the city’s ”2020 Blockchain Strategy” - <a href="http://www.arabianbusiness.com/technology/395613-dubais-ded-launches-blockchain-based-commercial-business-registry">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>Coinbase &nbsp;to open subdivision in Chicago; these plans come at a time when &nbsp;Coinbase is pursuing an aggressive expansion of its operations and &nbsp;businesses, including a acquisition spree; the location of Chicago for &nbsp;the office was chosen due to its popularity among institutional &nbsp;investors and professional firms - <a href="https://ambcrypto.com/coinbases-subdivision-opened-chicago-expanding-business-institutional-clients/">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>Ethereum developer&nbsp;<a href="https://github.com/ethereum/EIPs/issues/865">proposes</a> &nbsp;ERC865 token that allows users to pay transfer fees with tokens instead &nbsp;of ETH; this is due to prevent Ether gas fees from appearing confusing &nbsp;to clients; this allows users to delegate transfers of tokens to a third &nbsp;party, which pays for the gas, all in one transaction - <a href="https://medium.com/coinmonks/erc865-a-case-for-more-user-friendly-tokens-eb68e62a986">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>Berkeley &nbsp;in California is coming closer to becoming the first municipality to &nbsp;use blockchain tech to raise funds for community projects; this comes &nbsp;following a vote in Berkeley’s City Council; the city would issue a &nbsp;”blockchain municipal bond” sold for less than $5K - <a href="https://www.bloomberg.com/news/articles/2018-05-02/blockchain-municipal-bond-plan-inches-forward-with-berkeley-vote?utm_source=twitter&amp;utm_campaign=socialflow-organic&amp;utm_medium=social&amp;utm_content=crypto">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>Reddit &nbsp;looks to re-allow Bitcoin payments; moreover, Ethereum and Litecoin &nbsp;support is reportedly incoming; this comes as Reddit previously disabled &nbsp;Bitcoin as a viable payment method for Reddit Gold back in March; &nbsp;Reddit claims that support was removed due to issues with Coinbase’s &nbsp;payment platform - <a href="https://www.ccn.com/reddit-to-re-enable-bitcoin-payments-along-with-ethereum-and-litecoin/">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>Substratum’s &nbsp;Twitter account temporarily hacked; the Substratum Network seeks to &nbsp;make a decentralized web hosting accessible globally; the hack appears &nbsp;to have been intended to briefly raise the price of the currency with a &nbsp;fraudulent statement, a so-called ”pump and dump”; Substratum has now &nbsp;regained control over the account - <a href="https://twitter.com/substratumnet/status/991759204900851713?s=21">Link</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>The &nbsp;Ethereum Foundation has announced a new set of grants being offered to &nbsp;22 ecosystem projects; the grants total $2.84M and will be used to &nbsp;assist organizations working on expanding the Ethereum ecosystem; the &nbsp;foundation issued grants related to scalability, security and so-called &nbsp;”#buidl" grants - <a href="https://www.ethnews.com/ethereum-foundation-announces-new-grant-recipients">Link</a></p>
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