Japan, the second-largest source of traffic for global crypto exchanges to date, witnessed a number of industry announcements this week as the country hosted the major blockchain event Devcon 5 from Oct. 8 to Oct. 11.
Organized on an annual basis by the Ethereum Foundation, the recent Devcon conference featured leading figures in the blockchain and cryptocurrency industries, including Ethereum co-founders Vitalik Buterin and Joseph Lubin.
Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Japan.
Speaking at Devcon 5 in Osaka, Christensen noted that MCD will unlock the Dai Savings Rate, a tool that allows Dai stablecoin holders to earn interest on the tokens via smart contracts.
At the same event, Ethereum co-founder and founder of Ethereum-focused development firm ConsenSys Joseph Lubin said that Bitcoin and Ether are the only two cryptocurrencies that meet all four requirements of a "Successful digital currency."
Speaking at Devcon on Oct. 10, Lubin pointed out four major requirements for "Successful cryptos" such as fair distribution, token appreciation, sufficient project revenue and regulatory compliance.
At the event, Lubin also set a goal to grow the number of developers on the Ethereum blockchain to as high as one million in 2020 by announcing the initiative OneMillionDevs.com.
According to Lubin, there are 30 million software developers worldwide, while only a few tens of thousands are blockchain developers, the majority of whom are involved with Ethereum.
On Oct. 10, major Japanese financial services firm SBI Holdings announced a partnership with Z Holdings Corporation, which operates Yahoo Japan.
The firms have reportedly entered business alliances with a number of affiliated companies in order to develop fintech applications in three major areas: securities, foreign exchange and banking.
Crypto and Blockchain News From Japan: Oct. 7-13 in Review
Publicado en Oct 13, 2019
by Cointele | Publicado en Coinage
Coinage
Mencionado en este artÃculo
Noticias recientes
Ver todo
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.