Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index closed at 3,549.66 Yesterday at 5 pm (GMT) and has since increased 3.23%.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $6,937 representing a gain of 3.33% in the last 24 hours. More than $430 M worth of BTC were exchanged in the BTC/USD market representing a 24% share of the global daily volume. The BTC/JPY pair represents a 9% share.

The Ethereum price has increased 3.38% over the past 24 hours and is currently sitting at $285, with over $100 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has an 11% market share of the daily trading volume.

For a detailed market analysis click here

North Korea to Hold International Blockchain Conference in October

According to a recently published report, North Korea is preparing to hold a conference related to blockchain in early October. According to the Stratis Times, citing a report from the US media Radio Free Asia, the country should invite specialists in blockchain and cryptocurrencies technology from around the world to participate in the event, which will begin on the 1st of October and will last two days. The participants of the Conference will meet North Korean business officials on the 3rd of October, which will require changes in international policies since the Kim Jong-un regime has a very restricted tourism industry.

Read more here

Huobi Is Seeking to Acquire Public Firm in $77 Million Deal

The cryptocurrency exchange Huobi is looking to become the largest shareholder of the public company Pantronics Holdings, based in Hong Kong. According to shareholding disclosures filed by Pantronics Holdings on the 21st of August to the Hong Kong Stock Exchange, the company is transferring more than 221 million of its ordinary shares to Li Lin, the chairman of Huobi Group. With the disclosed amount, Li is positioned to be the owner of 73.73% of Pantronics, as the largest substantial shareholder. The transaction is being priced at HK$2.72 (or $0.35) on average per share with a total amount nearing $77 million.

Read more here

Brazilian Crypto Investment Platform Atlas Hacked

According to the Investimentos Digitais Youtube channel, the Brazilian cryptocurrency investment platform Atlas has been hacked last Saturday. The hack resulted in the leak of the personal information of over 264,000 of its customers. From those 264,000 users, a total of 14,500 records of leaked data details users’ balances on the platform, their email addresses, names, and phone numbers. However, the company claims that users funds are safe. Later on, Atlas issued a statement revealing it’s going to launch an investigation into the incident while working with the proper authorities. The company stated: 

“We would like to point out that this wasn’t a bitcoin theft or a violation of our accounts in the exchanges. However, our customer base was exposed. At the time of the incident, we took immediate steps to protect the database and [the] passwords and private keys are encrypted.”

Read more here

How to Invest in Property From €1, Set Up a Fund Without a Lawyer and Other Blockchain Witchcraft

CryptoCompare readers receive an additional 5% bonus on pre-ITO DOM tokens purchased, until the 31st August.

The Dominium property platform promises a cheaper, safer way to perform real estate transactions, on a global scale, thanks to blockchain technology.

- Rotterdam 28 August 2018 — Proptech startup, Dominium, is being developed by a group of property professionals with millions of euros under management and nearly 200 years of real estate experience.  The self-funded property platform which uses blockchain technology is already in Alpha in 15 languages, and has 25,000 users in 165 countries.

Dominium aims to be the world’s leading property platform, with a suite of tools to help individuals and professionals with all real estate transactions, from renting an apartment to setting up a property fund.  Cutting edge blockchain technology will allow Dominium users to perform all manner of property transaction quickly, cheaply and with the irrefutable transparency of the digital ledger that underlies the technology.  

Although activities on Dominium are charged in Euros, the platform requires the use of a utility token, DOM, in order for transactions to be registered on the blockchain.  On the 3rd September 2018, Dominium is launching an initial token offering (ITO).  The company is also holding a pre-ITO sale where early investors can secure DOM at an 80% discount on final ITO price, until the 31st August.

The unique structure of the Dominium ITO is the company’s commitment to purchase real estate assets with the funds raised from the token offering.  (More information)

TUNE IN: Scaling DApps on Ethereum to thousands of transactions per second

Join the OST LIVE  YouTube Live series on Wednesday 29 August 2018. Ben Bollen, OST’s Chief Blockchain Strategist will discuss OpenST Mosaic, a protocol for scaling DApps on Ethereum to thousands of transactions per second.

On this episode, we will discuss how to run meta blockchains on Ethereum to scale DApps to thousands of transactions per second. We will be comparing OpenST Mosaic to current solutions for scaling Ethereum, such as Casper, Proof-of-Stake, and Sharding. Lastly, we will discuss benefits of OpenST Mosaic, including how it solves for Verifiers Dilema, the data availability problem, and timing attacks.

This episode of OST LIVE will be streamed on Wednesday 29 August, 2018 at 10am NYC / 4pm Berlin, 10pm Hong Kong. Tune in live on YouTube or watch out for the video recording on our social channels and the podcast on iTunes.

Ben will also be presenting OpenST Mosaic at various events, including:

• 28 August Ethereum Meetup Berlin

• 6 September Berlin Blockchain Week — Token Design Workshop

• 7 September ETH Berlin

• 13 September Upbit Developer Conference, South Korea