Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
The Copper team had a busy week at events across the city last week. First up were Blockworks Group, followed quickly by the Trading Show Europe, where Dmitry spoke on a panel about custody and the future of prime services for digital assets.
Looking ahead, Copper will be speaking at the Future of Finance gathering on the 4th of Nov in London, as well as the 11th of Nov in NYC. The team will then head over to Consensus Invest on the 12th and DAS Markets on the 13th. As sponsors of DAS Markets we have a limited number of passes to give away.
Below is our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.
Latest Industry News
NY court postpones Telegram hearing until 2020
- The SEC has announced an emergency action against Telegram on Oct. 11, just weeks before the planned launch of the Telegram Open Network
- Telegram investors must decide whether to extend the TON launch by Oct. 23. Should such a proposal pass, TON would tentatively launch on April 30
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Libra could use fiat stablecoins
- David Marcus told a banking seminar hosted by the Group of 30 in Washington that Facebook is open to looking at alternative approaches for the currency token it uses
- Further, Marcus said the currency-pegged stablecoins aren’t Libra’s preferred option. He said the project is still aiming for a June 2020 launch
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Circle spins out Poloniex
- Circle first acquired Poloniex in February 2018 for $400 million. But it will now become Polo Digital Assets, Ltd., an “independent international company” backed by an unnamed Asian investment firm
- U.S. residents have until Dec. 15, 2019 to withdraw their assets, with all trades being suspended on Nov. 1, 2019, the blog post said
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Latest Coin News
BTC
ETH
- Price analysis
- Ethereum Name Service adds
- Ethereum fundamentals are strong despite
XRP
- Price analysis
- Ripple’s XRP
- in Q3 compared to previous quarter
- Bank of America is quietly
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