Cryptocurrencies
Investment firm VanEck Calls Bitcoin A 'Fad,' Then Files For Bitcoin ETF
Evelyn Cheng - CNBC
A leading manager of gold-related investment funds filed Friday with the U.S. SEC for an ETF to invest in bitcoin derivatives.
A day before, VanEck published a blog post that said the firm did not believe digital currencies will ever replace gold.
FAO: Ahh, hmmm?
Exchanges & Trading Venues
BTC-e to Offer Free Trading for Exchange Debt Token
Stan Higgins - CoinDesk
Bitcoin exchange BTC-e has revealed new details about a cryptographic token it plans to issue as part of a bid to refund users following a US law enforcement crackdown.
FAO: Latest developments around the BTC-e case. Read more about it in this last month edition.
Vendors
Bank ABC Is First MENA Financial Institution To Join Global Financial Infrastructure Consortium
CPI Financial
Bahrain-based Bank ABC, has recently joined blockchain-inspired consortium headed by R3, a financial innovation firm, headquartered in New York City.
FAO: The first of many, presuming others will follow and considering the powerful “fintech push” in the Middle East.
BitPeople
How To Get Ahead In Fintech: Four Courses For Studying Banking Disruption
Lynsey Barber - City A.M.
For the uninitiated, the portmanteau of financial technology threatens to bring the disruptive innovation felt already in industries such as retail by the likes of Amazon to the traditional world of banking.
And for those looking to stay ahead of the curve, here are four ways to study fintech.
FAO: Oxford Fintech Programme, Open University, Princeton’s bitcoin and cryptocurrency technologies, Imperial College. I am sure more and more educational initiatives will soon begin to surface. And we will promote anything we can find.
Latest Developments & Agreements
'Father of Financial Futures' Seeks Cryptocurrency Hardware Patent
Stan Higgins - CoinDesk
Richard Sandor, a former Chicago Board of Trade chief economist and vice president, advanced the utilization of financial futures back in the 1970s, earning him the moniker "the father of financial futures" and, later, "the father of carbon trading," according to Time.
Notably, perhaps, Sandor is now listed as the first of three inventors for the "Secure Electronic Storage Devices for Physical Delivery of Digital Currencies When Trading" patent application, released on August 10 by the U.S. Patent and Trademark Office.
FAO: Very interesting. Let’s note this down. We will hear more about it in the future.
Analysis
Bitcoin Price Tops $4,400 As Crypto Market Nears $150 Billion
Pete Rizzo - CoinDesk
Bitcoin prices have set an all-time high above $4,400.
FAO: No comment.
Other news
Blockchain Use Cases: From Image Mining & Virtual Economy to Crowdfunding
Joshua Althauser - Cointelegraph
The growing adoption of Blockchain technology has been disrupting a number of industries, including financial services, data management, healthcare, agriculture, supply chain, gambling, gaming, public services, music, airline ticketing and many more.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News
Read more by MarketSlant Editor
