Crypto.com got a new owner, Ethereum Casper upgrade will be launched in 2019, a second layer for Monero and IOTA-based smart cities — in this weekend news digest
- Monaco, a crypto card startup, bought the domain crypto.com. This domain was registered in 1993, and its owner refused to sell it until now. The details of the deal are undisclosed, but the rumors say that it was sold for $10 million.
- According to The Wall Street journal, 20% of all Bitcoins are lost forever. It is just an estimate, no one knows it for sure. It creates a new niche for businesses — recovering lost wallets. More and more companies could try to help their clients restore access to lost Bitcoin funds. The success rate is low, near 30%, but these companies don't see any shortage of customers.
- In a recent survey, Huobi customers were positive about a future growth of the crypto market. More than 71% think that the market will increase in the next 6 months by 30% or more.
- One of Ethereum developers, Justin Drake, told that the network partial upgrade will be ready only in the next year. The release for Ethereum 2.0 will be divided into two parts, Casper PoS will be released in 2019, and sharding will be implemented in 2020.
- IOTA participates in a new project dedicated to building smart cities. This project is approved by the European Commission and it will transform 7 European cities, making them energy efficient and digitized.
- The Kenyan government demands from its treasury secretary, to draft a law, that would regulate the circulation of cryptocurrencies in the country, legalize it or ban it completely. Cryptocurrency trading is very active in Kenya, and some merchants accept Bitcoin, thus evading taxation. The Kenyan government doesn't want to miss the opportunity to impose new taxes.
- Two popular projects, built on Ethereum blockchain, Status and OmiseGo, announced their partnership. Status will integrate OmiseGO's DEX. This partnership will benefit both projects, letting them complement each other.
- Monero, a private cryptocurrency, will get a second layer. The new protocol for digital assets, named Tari, will be built on top of Monero blockchain.