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From an investment of mutual funds Bitcoin to the end of a legal battle for Ripple, here are some of the stories that break in the world of crypto.
Bitcoin (BTC)
Canada has just approved the first fully regulated mutual fund Bitcoin (BTC) mutual fund in the country.
Toronto-based NEO Connect has just launched its First Block Capital Bitcoin Trust, which allows s accredited investors to deposit their capital in pension and tax savings accounts.
Investors will essentially be able to invest in BTC without actually needing to hold the asset. It is one of the most talked about ways to bring large institutional funds into the crypt.
The first #bitcoin Canada fund now available on #NEOconnect !
Very pleased to welcome @ 1stBlockCapital to the family. It's nice to see the innovators reunite again on @Aequitas_NEO . https://t.co/yJEgN5l7Pe pic.twitter.com/0M4MngfMt4– NEO Exchange (@Aequitas_NEO) 10 September 2018
Ethereum (ETH)
Ethereum si approaching a new milestone of 2,000 decentralized apps on the network.
Since his explosive debut at the end of last year, CryptoKitties has held on and is now the third most popular DApp on Ethereum, according to State of the DApps.
Ripple and XRP
Ripple and R3 Consortium have resolved their long legal dispute.
R3 sued Ripple Labs in September of last year, accusing Ripple of having violated a purchase agreement. The agreement would have allowed R3 to buy 5 billion XRPs at a cost of $ 0.0085 per token by the end of 2019.
The disputed amount has skyrocketed with XRP exchanges around $ 0,259, at the time of writing.
The exact terms
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EOS
The EOS Jungle testnet is back online after being hit by a critical attack that caused a shutdown for at least 24 hours.
EOSGO reported that the attacker was able to create thousands of accounts and flood the testnet with billions of coins
Stellar (XLM)
The Stellar Development Foundation revealed the winners of the seventh Stellar Build challenge.
"A total of 1.62 million lumens will be awarded to the winners, finalists, semi-finalists, honorable mentions and participation categories, and 1.9 million lumens will be awarded through the new support initiative – encouraging the growth and development of projects and applications that are cornerstones of the ecosystem. "
The results of the 7 #StellarBuildChallenge are inside! Over 100 presentations with fantastic feedback and collaboration.
You can check the results here: https://t.co/FLtYhoznLV
An incredible work of the Stellar developer community … give them applause! 👏👏
– Stellar (@StellarOrg) 8 September 2018
Disclaimer: The opinions expressed in the Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Keep in mind that The Daily Hodl participates in affiliate marketing.
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