Block by Block Weekly Newsletter #3
Another turbulent week for crypto prices but that hasn't stopped the flow of news and developments - let's dive in!
Tip: The headings are clickable links!
Disclaimer: Nothing in this email should be taken as investment advice. Please click here for more information.
News of the Week
In a surprising turn of events - a big centralized exchange has announced plans to launch a DEX! Binance stated that they would be launching a DEX in the coming months which will utilize it's own blockchain with the existing BNB token.
Popular night show host John Oliver covered cryptocurrencies this week in a surprisingly neutral way. He explains what Bitcoin and blockchain are in simple terms and even calls out Bitconnect! Note: the link in the heading is for a proxy server as the YouTube video blocks Australians from being able to watch it. Paste this link into the proxy address bar:
Google is following Facebook with it's recent announcement regarding the banning of crypto ads. Personally, I think it's good for the overall health of the crypto market as it will put a damper on scams and hinder questionable ICO's ability to raise money.
Peter Van Valkenburgh tries to explain why Bitcoin, cryptocurrencies and blockchains are revolutionary for society. Unfortunately, his words seem to fall on deaf ears.
Another big win for Coinbase this week! The E-Money License allows the company to provide payments services and issue digital cash alternatives to be used for payments.
Big win in the regulation space this week with Wyoming passing 5 pro-blockchain laws relating to providing exemptions of certain regulations for cryptocurrency use within Wyoming!
Tech created by Agora was used for an election in Sierra Leone to record votes on a blockchain! 
Project Updates
Vitalik dropped the mic at EthCC and announced a new design framework for Plasma called Plasma Cash. Karl Floersch breaks down how it works in this video and blog post.
Justin Drake from the Ethereum research community released an updated draft for the first phase of sharding within Ethereum. One step closer to on-chain scaling!
Lightning Labs announced the beta release of their highly-anticipated Lightning Network Daemon (LND), which is a developer-friendly software client used to access Bitcoin’s Lightning Network. The Lightning Network hopes to enable faster and cheaper payments on top of the Bitcoin blockchain so this is a big step forward!
The 'Fellowship of Ethereum Magicians' (core developers and community members within Ethereum) got together at the EthCC event to discuss important topics such as scaling, security and forking.
All the videos from the EthCC conference were published on YouTube! I'm yet to get through all of them myself but if you have the time they are a great watch.
The O3 team will provide support for Loopring’s LRN airdrops; and Loopring will collaborate with O3 Labs to bring decentralized trading experience to the NEO ecosystem.
A scalable side-chain for Ethereum, called the 'Loom Network', went live this week with the launch of their first project - DelegateCall - a blockchain-based Q&A website.
The Aion team released the first version of their web wallet this week. It currently works with testnet wallets!
Abra announced support for 20 cryptocurrencies and 50 fiat currencies in a new version of their mobile app that includes a real-time exchange service across all 70 currencies
The MVP for the AirSwap Marketplace was released on the Rinkeby Ethereum test network this week.
New Projects
GasToken is a new, cutting-edge Ethereum contract that allows users to tokenize gas on the Ethereum network, storing gas when it is cheap and using / deploying this gas when it is expensive. Good discussion in this thread (the developers answered questions).
A new mobile app launched this week that aims to educate people and allow them to buy cryptocurrencies with ease. Bitcoin is the only crypto supported at the moment but others will be supported in time.
Xiaomi, one of China's biggest smartphone makers, launched its own CryptoKitties knock-off this morning. China just loves to copy everything!
Crypto Drama & Controversy
Blogger Sylvain Ribes explains why he believes that more than $3 billion of all cryptoasset volume is fake - a great read!
Blogger, Crypto Mediciation, released a very detailed post explaining why he/she believes that Mt. Gox is not responsible for the latest dump in Bitcoins price.
Personal Updates
I attended the NEO meetup in Melbourne last Monday and it was super interesting. The room was packed (over 100 people attended) and the talk that NEO's founder gave was well received. He explained how NEO is trying to build a blockchain that is friendly to regulators. While this may go against the ethos of the crypto space, it is a step in the right direction in my view. There were also talks from Ontology and the RMIT Blockchain Innovation Hub (my personal favourite talk).
You can now view an archive of the Weekly Block by Block Newsletter on the website at this page. The newsletters are added to the archive when they are 1 week old.

I've also added more research links to the website! The links are tagged with 'new' so it's easy to find.
You made it! Thanks for reading. I'd love to get your feedback so please send an email to and I'll be sure to get back to you! :)
Block by Block · City · Melbourne Victoria 3000 · Australia
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