Stable.Report, Feb 25th. - March 3rd
Stablecoin News Of The Week:
Unconfirmed: Circle Seeks $250M in Funding 💸
Goldman Sachs-backed cryptocurrency finance firm Circle is reportedly looking to raise $250 million of funding in a combination of equity and debt.
Binance Research: JPM Coin Unlikely to Directly Compete With Ripple’s XRP, for Now 🤔
The research arm of top crypto exchange Binance has published an analysis of JPMorgan Chase’s newly announced stablecoin, arguing it brings “minimal direct competition” to Ripple’s XRP token in the near term.
New York Times: Facebook Reportedly Shopping ‘Facebook Coin’ to Crypto Exchanges 🚩
Facebook is “hoping to succeed where Bitcoin failed” with its highly secretive cryptocurrency project. Citing multiple anonymous sources, a New York Times article reports it aims to integrate cryptocurrency payments into its messaging services.
via New York Times
Real Estate Security Token “Factor-805” Released, Brings DAI to Digital Securities 🏘
DAI is breaking into the security token market with FACTOR-805, the first real-world asset to be tokenized in a hybrid of DAI and fiat. It’s commonly been said that the security token sector will first impact the real estate space.
-via the Tokenist
Celo Team Updates | February 2019 📅
Celo’s February highlights includes a workshop on crypto arbitrage trading at MIT and an upcoming event on evolving legal perspectives and women in blockchain.
When Microseconds Matter: Powering Gemini for High-Speed Performance 🔨
Recent enhancements equip Gemini with a fast, trusted, and resilient framework for meeting the exacting demands of international financial markets. In this post, the team explains how it improved the transaction speed at a microsecond level.
Jibrel: February Update 📑
Over the past few months Jibrel team revised its overall direction. This post highlights the progress made in February, as well as the overall strategy Jibrel will implement as its core focus going forward.
New Advisory Board Member & Growing interest in the UAE 🤝
Kinesis team announced a new addition to its advisory board — Sheikh Mohamed Al Qasimi, an influential member of the Al-Qasimi royal family that rules over the Emirates with diverse economic and financial interests.
-via Kinesis Money
Postmortem: Oasis Contract Upgrade ⚒
After a vulnerability was found, the Oasis team initiated a contract migration process on eth2dai.com.This article gives fascinating detail about the vulnerabilities in the Maker mechanics and briefly describes how the new Oasis contract matching engine works.
-via MakerDAO Blog
Making Maker: February 2019 🔖
After a proposal was placed into the voting structure to raise the Dai Stability Fee by 0.5%, for a rate of 1%, another was introduced later in the month for an increased rate of 1.5%. Key factors are: high inventory levels, exchange rate persists below $1, and no attributable impact from the previous stability fee increase. Notably, all decisions were collectively made in a decentralized manner by the Maker governance (MKR holders).
Update: The Maker Foundation Interim Risk team is now polling support for a 3.5% rate.
People + xDai + Burner Wallet = Portable Giving 🔥
A good crypto conference is a magical thing and gathering to ‘do crypto’ for 36 hours certainly sounds like one, especially to learn and use xDai Burner Wallet.
MakerDAO at the Mexico Freedom Forum February 26th 🎙
MakerDAO is participating in The Oslo Freedom Forum (OFF), an event that brings together a diverse community of leaders to share their stories and brainstorm ways to expand freedom and unleash human potential across the globe.
Follow Up on Huobi’s HUSD v2.0 Solution 📈
In this post, Neutral project investigates into HUSD v2.0 solution, exploring stablecoin outflow and inflow activities of HUSD 1.0 version and HUSD 2.0. It is difficult to conclude whether Huobi’s version 2.0 of HUSD can avoid another big loss or be profitable, and this report digs into the difficult questions.
How to send a transaction on Noku Platform 👩💻
In this post, Noku team uses a video to educate its users on sending/receiving tokens, checking transaction status and fees. Learn more to try their web wallet here.
State of the Terra Alliance 🤔
A great post providing a granular look at the thought processes powering Terra’s business development operations, e-commerce alliance and potential white-labeling.
StableUSD Usecases 🤓
Stably team describes some of the stablecoin use cases.
The truth behind the XLM and XRP markets on Stronghold. 📚
A breakdown of how Stronghold categorizes their trading pairs and support them, from co-founder an CTO Sean Bennett.
The Tokenized Truth — Pros & Cons of Security Tokens 🤓
In this post, Smart Valor explores the pros and cons of security tokens.
February 2019 Update 📃
Following up on the launch of FairFood and Verstegen’s nutmeg supply chain, benefiting over two dozen Indonesian farmers, Topl team begin work this week on the second and third projects powered by the Topl blockchain.
-via Topl Blog
Pre-Launch: USDX Wallet App On ProductHunt 🎉
USDX Wallet is raising support to launch the USDX Wallet app on ProductHunt.
Xank February Review 📑
The team announced the Xank token will be ready by mid-March.
XOV partners with Infinito Wallet in DApp integration deal 🤝
XOV has partnered with Infinito Wallet in a two phase integration deal that provides XOV services to Infinito Wallet customers around the world.