Highlights: Trinity releases the State Channel Protocol, the EU Parliament publishes a report on crypto, and thanks for all the fish transactions!

Trinity Releases State Channel Protocol

Source: Medium

Trinity has released their State Channel Protocol, a layer between the blockchain and decentralized applications that enables “real-time payment for the main chain assets, low transaction costs, scalability and privacy protection.” The protocol is based on NEO technology and offers several tools for users to interact with and explore it. They also intend to launch an Ethereum implementation in the future. Full details are available at the source link above.

NEO Announces an Announcement

Source: Twitter

NEO, clearly taking its strats straight from ICO Sim, announced today via Twitter that they will be announcing something (presumably tomorrow). The brief English description hints at some kind of decentralization tech or protocol. +0.50/s production.

Nano Blocks Wallet for iOS

Source: iTunes Store

Planar Form, a third-party developer, has released a new Nano wallet, Nano Blocks, for iOS. The app has multi-language support and is available now for download at the link above.

Launch: Blockstream Liquid

Source: Blockstream

Blockstream Liquid, a BTC sidechain network, is now available in early access. The sidechains are managed by a proof-of-authority federated network with the goal of enabling near-instant transfers across exchanges (dependent on exchange adoption).

Tezos Betanet Launch

Source: Tezos

The Tezos betanet went live on Saturday, as announced via the Foundation’s official website. The genesis block has been proposed and is available to view at the source link above.

Typeform Data Breach

Source: Twitter

Typeform, a data collection service used by some cryptocurrency exchanges for KYC, disclosed last week that they were the targets of a data breach. According to the official statement, affected consumers should have received an email with specifics about what data may have been revealed and/or compromised. For more details, check out the link in the tweet above.

Indian Supreme Court Upholds Crypto Ban

Source: Bloomberg

India’s highest court has ruled than a virtual currency ban imposed by the Royal Bank of India (RBI) will remain in effect. The RBI argued that crypto could not be considered currency under existing definitions, as it is not physically endorsed by a governing entity.

EU Parliament Report on Virtual Currencies

Source: EU Parliament

A report commissioned by the European Union Parliament regarding virtual currencies (VCs) has been published, outlining the state of VCs in current economic contexts as well as benefits and drawbacks. Overall, the paper’s position is that crypto has great potential, but presents several challenges to regulators and nations where a strong central currency is already established. In opposition to the Supreme Court decision in India, the EU report specifically states that VCs should not be banned, and encourages cooperation among jurisdictions to facilitate well-regulated adoption.

Blockchain Solutions for Illicit Supply Chain Activity

Source: Forbes

In an op-ed, Forbes argues that the blockchain is a solution to consumer products which may be produced or sold illicitly. It specifically named food, pharmaceuticals, and tobacco products, among others, as the industries with the highest levels of concern over counterfeiting and other corruptions to their supply chains.

Coinbase Custodial Services Enjoying Early Success

Source: Bloomberg

Coinbase’s custodial service has been adopted by 10 funds and offices, with a goal to reach 100 customers by the end of the year. This would represent $5 billion in assets on top of the nearly $20 billion Coinbase already holds. The “regulated custody” provided by the service makes digital coins a more attractive investment to funds like pensions and could help to drive mainstream adoption.

Daily Sellout

Thanks For Playing!

Nebulas Rankings | Discord Server

Our ICO Sim idle game is ranked #11 in the top 23 dapp submissions to the Nebulas Developer Incentive program for the week! We want to extend a thanks to everyone who tried it and encourage you to keep playing. We’re now in the running for a weekly Excellence prize and will be continuing development on the game on-stream. Our contract currently holds nearly 50 NAS, a sizeable incentive to start building your exit scam completely legit ICO now.

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Written content adapted by @thepinkfreudian.