Daily Crypto Digest - 003

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It's another beautiful day of an incredible week, with so much to be excited about.
We are seeing considerable growth in the number of blockchain-base decentralizes applications as they continue to hit new figures.
The long bear trend has changed the perspective from a price speculative outlook to real project developments prospects.
So much that the old HODL is now the new BUIDL.
Popular projects like EOS and TRON push on with developments and are BUIDLing Vigorously.
We are even in the midst of a dapp war between the two major blockchains, where the number in system adoption is now a bragging right.

Keeping up with the various events and happenings can be tedious to catch up with.
Therefore, I bring you this very short digest to highlight some events and updates that popped in the news yesterday that are worth getting a note of.

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The Digest

The recent run of the bulls that lasted to the beginning of January 2018 was in no doubt triggered by the introduction of ICOs. Which saw many projects both legitimate and shady take advantage of token issuance to fundraise their proposed product.
The noise with ICO is gradually dying down, cutting out the opportunity for projects with good intent the chance to raise some considerable amount of money.
This in conjunction with many factors has put off the notion of another bull run being spearheaded by the craze of ICOs.
But the means to fundraising through token issuance has cemented a place in the blockchain industry.
STOs (security token offerings) are now considered the new way moving forward, as token issued by this means has so much to offer to investors in terms of profits and the protection of investment.
As a space rich with good investment opportunity, many companies are making a nice move to take top spot as an early mover, the recent company to make such move is the Gibraltar Stock Exchange who announced a recent partnership with a tokenization platform to ease the issuance of security token which will represent a speculative portion of a stock value of a tradable company.
Read more on this on Cointelegraph

The Mystery of Satoshi linge on

One of the mind-boggling conundrum that any crypto enthusiast can come across is the mystery behind the pseudonymous creator of Bitcoin known as Satoshi.
There has been many claims and accusation by people relating to the real person behind the name.
Someone like Craig Wright publicly make the claim while many developers and people connected to the mysterious Man during the very early days of bitcoin are suspected base on different metrics.
In the news, there is a recent court case regarding the connection between Craig Wright and an anonymous lady called Uyen T Nguyen about some shading dealings with some mammoth amount of bitcoin during the Mt.Gox days with several documents backing the investigation.
Read the in-depth news now on news.bitcoin.com

Developer tools for the lightning network.
One of the major if not the only reason why bitcoin has seen less adoption as an everyday means of payment is the very low transaction processing time and scaling capacity of its underlying blockchain tech.
The issue is so big, bitcoin is already being considered as a digital store of value as any hope of fashioning daily transaction by consumers had been rebuffed over and over again.
Despite some decent effort to resolve the scalability issue of bitcoin blockchain, proposing solutions like segwit, lightening network and many others. Result has not been up to par with the expected end product.
The lightening network, in particular, has been hitted by many challenges that expose its vulnerability, denting the hope of its adoption.
Despite these failures, the scaling project is still an attractive solution to many problem-solving individuals and project.
Radar relay 'the popular DEX exchange' released some developer tools relating to the development of the lighting network to ease the use and further development of the scalability solution. Read the short update on Cointelegraph

Other updates and reports in the news.

CME Bitcoin future group reported record trading volume on April 04.

Ripple co-founder contributed $25 million in XRP to San Francisco University's college of business.

Tokenized digital collectibles of video games can now be tracked at real-time by Gamers through an index developed by AltDex.

Thomas lee, the global advisor of Fundstrat believed the Bitcoin bulls are finally back.

A startup applying blockchain to mortgage raised $6.5 million dollars from a UK financial group.

Here is what the chart has to say about the recent short rally.

Bye to the old days of commercial mining as these students mined cryptocurrency with free electricity in their dorm room.

This tool is able to find the best price deal across crypto exchanges. Very useful for arbitrage traders.

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Here comes the conclusion of yesterday's update and reports worth noting.

Thanks for your time reading the digest.
Remember to come tomorrow for today's date.

Cheers :-)

Disclaimer
The content of this post is intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein are linked to their respective sources without being taking word for word in quotes and references.