Daily Discussion, October 08, 2019

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  1. thelastbit42

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    Daily Recap –

    * The crypto market saw some modest gains yesterday, with the total market cap growing by $6T, and 9 of the top 10 coins seeing positive returns. Bitcoin Cash (BCH) has surpassed Tether (USDT) to become the #4 crypto currency with a market cap of $4.2BN.

     

    * Crypto-futures exchange, CoinFlex, will offer derivatives that pay out based on the probability of Facebook’s Libra being operational by the end of 2020. Check the Vegas odds before betting on this one.

     

    * The NBA is leading the blockchain charge (again), with the Sacramento Kings partnering with Blockparty, a blockchain ticketing platform that has developed an app where fans can predict who will take the next shot, and win points for guessing correctly.

     

    * John McAfee, founder of McAfee Antivirus and avid crypto advocate, launched a decentralized exchange (DEX) on the Ethereum blockchain. McAfee says the exchange can serve as β€œthe door that frees us from Government’s cornerstone of control: Fiat currencies. It can’t be shut down.”

     

    * Germany’s federal finance minister has recently vocalized support for digitizing the Euro into its own stablecoin, similar to what’s being explored by the Federal Reserve. At the same time, he made it known that he was against private currency projects like Facebook’s Libra.

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