August 13, 2019

1. Waiting for Godot

Bitcoin ETF Decisions: Delayed Again

What you need to know

Cryptocurrency enthusiasts craving a Bitcoin exchange-traded fund (ETF) will need to wait a little longer—if it ever comes at all. The U.S. Securities and Exchange Commission (SEC)—in typical fashion—is again postponing all pending bitcoin ETF decisions.

Why it's important

The good news is that for some of the Bitcoin ETFs, these delays will soon be a thing of the past. Currently, there are three ETF projects up for decisions: Bitwise, Wilshire and VanEck. While Wilshire is set for an official decision on September 29 of this year, it could face further postponements of approximately 150 days.

Read the story in full

2. Crypto devs bullish as ever

Great sign for the ecosystem: Crypto devs are as bullish as ever

What you need to know

Never mind last year’s crushing bear market in crypto. Developers are undaunted, continuing to write code at roughly the same pace as they did during the height of the bull market, according to a surprising new analysis released today.

Why it's important

The analysis comes via Electric Capital, a digital-asset management firm that invests in programmable money and blockchain tech. Its team “fingerprinted” more than 27,000 code repositories and 22 million code commits in Github, to create a report that looks at the health of crypto development. 

Read more here

From the interweb

Here are the biggest stories in the cryptoverse:

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3. It's UX, stupid

User experience is vital to blockchain adoption, according to new report.


What you need to know

Blockchain is still desperately in need of a facelift, according to a new report that surveyed 102 blockchain founders and CEOs. Though the widespread commercialization of blockchain technology over the last year has introduced a number of projects with passable user experience, the report, by the Los Angeles-based cryptocurrency marketing firm Zage, said many people still find the technology too complicated.


Why it's important

This is hardly surprising. For anyone who has downloaded the Bitcoin blockchain from GitHub, installed it and managed to get the whole thing working, they won’t need to be told twice—let alone when it comes to the challenging, and experimental, Lightning Network.

We cover this story here

Crime still pays


Crypto criminals are having a big year, according to the Silicon Valley-based cybersecurity firm CipherTrace.

The firm’s quarterly Cryptocurrency Anti-Money Laundering Report, released today, estimates that total losses of crypto funds due to theft, fraud and other crimes will surpass $4.3 billion in 2019. It's a figure that puts 2018’s total of $1.1 billion to shame.

Read more here.

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