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July 18, 2019

Why Didn’t Facebook Just Build Libra on Ethereum?

People may wonder why Facebook has chosen to build their Libra blockchain network from scratch, rather than building on an existing giant like Ethereum, EOS, or even – as was rumored – Stellar. The answer is simple and sophisticated at the same time, depending on how deep into it you want to look.

Facebook Wanted Better Scaling and More Control Than Ethereum Offers

On the surface, it’s simple enough: Facebook wants more control than using an existing decentralized network like Ethereum would allow, necessarily wanting to have the ability to reverse transactions in accordance with financial regulations.

This is an [...]

 
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July 11, 2019

SEC Gives YouNow’s Ethereum Token ‘Props’ Reg A+ Approval – CoinDesk

The U.S. Securities and Exchange Commission (ICO) has granted an ethereum-based token a Reg A+ qualification, the startup YouNow said Thursday.

Props is an ethereum-based blockchain token that integrates with streaming platforms like YouNew and XSplit to reward users and creators with tokens.

YouNow – which developed the Props blockchain – announced today that it will begin rewarding content creators with Props for in-app activities that “drive community engagement.” Users will also begin to receive tokens for engaging with the platform. YouNow will begin by distributing a total of 187 million tokens to users and creators, according to an SEC [...]

 
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June 25, 2019

Ethereum Could Soar to $900, Predicts Popular Elliott Wave Trader

Analysts are predicting that Ethereum will skyrocket soon. Some reasons include bitcoin’s rally, similarily to the 2017 ETH chart, and lack of a resistance. | Source: Shutterstock Bitcoin’s jaw-dropping run over the last few weeks has made many people euphoric. Some are starting to predict that the leading cryptocurrency will hit $60,000 in this bull cycle. Claims like this often signal that a local top is in. If that’s the case, those who took profits at current levels might move their capital to other crypto tokens. A stellar candidate to be the recipient of this capital flow might be Ethereum. It appears that others share this bias.

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June 11, 2019

Ubisoft Reportedly Developing Ethereum Apps, Shows Interest in Blockchain

Ubisoft—the fourth largest publicly traded video game company known for Assassin’s Creed, Far Cry, and Just Dance—is reportedly developing game features on the Ethereum blockchain, according to Les Echos.

Sources told Les Echos that the development team at Ubisoft is in the advanced stages of creating a blockchain-based marketplace for in-game items, essentially enabling users to purchase game commodities using the blockchain and crypto assets like Ethereum.

A rough translation of the report read:

“The idea is to give a digital existence on the blockchain to the ‘items’ (accessories) available in video games; content that publishers [...]

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