Crypto, Data and Privacy in Europe #26: Equilibrium (Chain agnostic framework for stablecoins and DeFi Protocol)

Huobi launched on-ramp in Turkey, Coinbase in Ireland, CoinShares is putting gold on the Bitcoin blockchain and Malta Blockchain week

Hi Everyone,

This is issue #26 of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺 If you’d like to sign up, you can do so here.

We are always interested in connecting with new projects, companies or investors. Just email me at etienne@blockwyre.com

Also, we are looking to expand our team. If you are in London, have experience with web development. Just email us.

Thank you for supporting the European crypto ecosystem!

Etienne Twitter, etienne@blockwyre.com)


🏦 Ledger Vault

Thank you Ledger Vault for supporting the crypto European ecosystem 🇪🇺

🙈Who’s behind this? Equilibrium - a multichain framework for crypto-backed stablecoins and DeFi products

This section aims to give the opportunity to introduce some of the best 🇪🇺 founders. Most people loves their products but don’t know who are the founders behind them. Hello World.

Equilibrium

Background: I am quite excited to publish this interview as everyone is talking about DeFi and Maker Dao but very few are looking outside of the ETH community.

Hi Alex and Josh, you guys serve as CEO and Chief Counsel of the Equilibrium framework, which provides everyone with a reliable gateway for stablecoins called EOSDT. Can you share a bit about your background?

Read the interview

🐦 Tweets of the week

🤹 Startups

🏭Corporates

  • Selling an old thing in a new way: Digital asset manager CoinShares is putting gold on the Bitcoin blockchain

    • Coinshares worked with wallet provider Blockchain and precious medal trader MKS (Switzerland) SA

    • Launched earlier this week a gold-backed network for trading tokens representing digitized physical gold

    • More than $20m in gold is held in a Swiss vault to back up its tokens. Each DGLD token is backed by 1/10th troy ounce

    • Traditionally, purchasers either buy a synthetic product such as an ETF for convenience, which comes with multiple layers of intermediaries, or buy and vault physical gold

    • This is an interesting trends of crypto asset managers launching ‘classic alternative assets’ and leveraging the bitcoin blockchain - less regulatory challenges, less investor education and new product opportunity make it attractive

🏦Regulations / Universities

“The main advantages are first within the wholesale arena of financial markets. We see that the existing financial infrastructure is outdated. It’s expensive, it takes a lot of time, compliance is difficult.”

  • The future is (almost) here: A member-owned network for the automation of collateral management and settlement.

    • Clearmatics , the leader in decentralised digital cash settlement systems and XTX Markets Ltd, Quantitative Market Making firm are planning to launch in 2020 a member-owned network for the automation of collateral management and settlement.

    • The network will focus on providing its members with a service that automates collateral management processes within financial markets and enables settlement of collateral calls.

    • In essence, it will help reduce friction in collateral management and ensure capital allocation while reducing cost while reducing the need of central parties (aka investment banks)

📅  Event of the month: Malta Blockchain week

  • In few weeks, Malta will host its Blockchain Summit expecting 8,500 delegates, 300 exhibitors and 100 start-ups over the two day event

  • The event will include a wide range of speakers from Larry Sanger, Co-founder of Wikipedia and Ben Goertzel – CEO, SingularityNet as well as the singer Akon launching Akoin or legendary investor Tim Draper


Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

If you are looking to hire, share news or want to sponsor a newsletter please email me at etienne@blockwyre.com- we are 1,100+ and growing.Sign up

Share Etienne's Crypto Newsletter 🇪🇺

Crypto, Data and Privacy in Europe #25: Bitcoin Lightning week

Interview of Bottle Pay, ACINQ Raised $8m, Lightning conference in Berlin and also Telegram, Skew, B2C2 and more!

Hi Everyone,

This is issue #25 of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺 If you’d like to sign up, you can do so here.

We are always interested in connecting with new projects, companies or investors. Just email me at etienne@blockwyre.com

Also, we are looking to expand our team (1x CTO/Web dev, 1x intern). Just email us.

Thank you for supporting the European crypto ecosystem!

Etienne Twitter, etienne@blockwyre.com)


🏦 Ledger Vault

Thank you Ledger Vault for supporting the crypto European ecosystem 🇪🇺

🙈Who’s behind this?

This section aims to give the opportunity to introduce some of the best 🇪🇺 founders. Most people loves their products but don’t know who are the founders behind them. Hello World.

Bottle Pay

Hi Pete, you founded Block Matrix in 2018; can you share a bit about your background?

Sure, I’ve been in tech for almost 20 years now — most of this has been spent in the ad-tech industry. I co-founded Partnerize.com in 2010, which was an amazing experience that involved architecting a system that grew to support tens of billions of data points, billions of dollars in transaction volume and deploying a global payment infrastructure. It was a total blast!

Read the interview

🐦 Tweets of the week

🤹 Startups

  • Bitstamp, one of the largest crypto exchange and one of the oldest, will begin to transfer its assets under management to BitGo’s wallets on Oct. 10 [Source]

  • As mentioned earlier this week, between October 19 and October 20, 2019, The Lightning Conference will turn the city of Berlin, Germany, into the capital of the Lightning Network. Great people like Elizabeth Stark (Lightning labs), Patrick McCorry (Pisa Research), Peter O’Donoghue (Bottle Pay) and others [Source]

  • Deribit launched a weekly in-depth analytical research publication focused on various crypto topics, tailored for both novice and expert cryptocurrency users.

    • The first research report takes a closer look at the liquidation mechanisms used by cryptocurrency derivatives platforms [Source]

    • The team has a great table comparing different exchanges and their liquidation mechanism, highly recommended!

  • Crypto market maker B2C2 launches a gold derivative, settled in bitcoin. “Clients trade an ounce of gold (minimum trade size) priced in bitcoin, and the derivative is settled in bitcoin” [Source]

    • As Max put it, synthetic trading makes it simpler to trade than the cash underlying for a variety of operational reasons. It’s also a great way for B2C2 to go beyond crypto assets while using Bitcoin as a settlement rail.

  • Skew. & Crypto Garage trade first peer-to-peer Bitcoin-settled S&P500 derivatives. Read more here This is pretty interesting as it further highlights the use of the Bitoin blockchain as a settlement layer for financial products while reducing time and cost

  • The SEC sues Telegram, aims to stop distribution to US investors of Grams sold in $1.7B sale. Basically, the SEC says the Grams token don't have any utility at all, never did. Hence, it is subject to securities law. No tokens will be deliver until at least the hearing on October 24th [Source]

    • Of the $1.7bn, only about $424m was from American investors of which from my understanding are mostly institutional investors

    • This will likely create a longer lockup periods but what about the terms mentioning to pay back the investment if not deliver by end of October.. oh well

    • Overall, Telegram will be fine but it needs to cooperate with US regulators if it wants to see TON traded on US exchange. However, it is not a good signal for other SAFT investments… Good people at The Block wrote a great insights [Link]

  • Earlier this month, FunFair announced the launch of its new wallet, which it hopes will significantly increase onboarding. It also reported some impressive volumes, including around 100m $FUN wagered over one weekend and saw about 50%+ increase of its market cap [Source]

  • Exchange-traded product (ETP) issuer Amun announced that it has hired Laurent Kssis, the former CEO of primary competitor XBT Provider, as its managing director [Source]

🏭Corporates

  • The 2019 Gartner, Hype Cycle for Blockchain Business is out! Well, it shows that the business impact of blockchain on enterprise will be transformational across most industries within five to 10 years. Things take time folks [Source]

  • Germany’s FC Bayern Munich has become the latest football club to announce blockchain-based merchandise for fans. The club will partner with Stryking Entertainment to produce digital collectibles of its players [Source]

🏦Regulations / Universities

  • Europol published their latest organised crime threat assessment [Source]

“Bitcoin remains the most frequently used currency, believed to be a consequence of familiarity within the customer base. However, there has been a more pronounced shift towards more privacy-orientated currencies, a trend that it is anticipated will continue as criminal users become more security aware.”

  • Liechtenstein Adopts Token Act to Attract Crypto Business [Source]

The core concept of the law is the so-called “Token Container Model” within which “the token serves as a container for rights of all kinds, regardless of whether it is stock, real estate or license rights,” explains Thomas Nägele,

  • The United Kingdom’s central bank has established provisions that Facebook’s yet-to-be-released Libra stablecoin must comply with in order to be issued in the country. Overall, pretty positive [Source]

Libra has the potential to become a systemically important payment system. The FPC judges that such a system would need to meet the highest standards of resilience and be subject to appropriate supervisory oversight, consistent with the principles set out above

  • The World Federation of Exchanges asks the FCA not to ban the sale of crypto derivatives to retail investors [Source]

💰Fundings & M&A

  • Lightning-focused startup ACINQ raised $8m from BPIfrance, Idinvest Partners [Source]

    • ACINQ has its own lightning implementation, Eclair, and the Eclair mobile wallet, and Strike, an application program interface (API) for lightning.

    • Eclair lightning wallet garnered 15,000 downloads via Google Play since its 2018 launch

Veronique Jacq of the partially state-owned French investment bank BPIfrance said Bitcoin is becoming a staple of the global economy

  • London-based decentralized communication startup New Vector has raised $8.5m to drive adoption for Matrix, a major alternative messaging protocol [Source]

    • Investors of the New Vector’s Series A funding round included Firstminute Capital, Notion Capital and Dawn Capital

    • The Matrix protocol enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an alternative to WhatsApp, Telegram or Slack


Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

If you are looking to hire, share news or want to sponsor a newsletter please email me at etienne@blockwyre.com - we are 1,100+ and growing.Sign up

✉️ Crypto, Data and Privacy in 🇪🇺: Jobs & Events #1

Job: Quant Trader - London - B2C2, Wed Designer - Remote - Bottle pay, Senior Engineer - London - Aztec Protocol, Full Stack Developer - Paris - Sorare

Hi Everyone,

Looking for a job at a crypto company can be quite daunting. Companies have confusing names, they all seem to do rather the same thing and only a few have a real business model.

That’s why we are making the process much simpler by launching this newsletter:

  • A selection of maximum 5 openings

  • We vet the employers, we only advertise companies we would ourselves work for

  • We add interviews with the CEOs so you have more background information

  • All positions are paid and based in Europe or remote

  • Add a selection of curated upcoming events

Note, I also write a weekly newsletter to give updates on corporates, startups and regulation in 🇪🇺 If you’d like to sign up, you can do so here.

Thank you for supporting the European crypto ecosystem!

Etienne Twitter, etienne@blockwyre.com)


🔨 Quant Trader - London - B2C2

  • Join the great B2C2 team and work on tasks including improving the performance of market-making algorithms, mining data sets for discriminating variables and conditions that correlate with trading performance and building backtest models

  • More information on the role: Please click here

  • Contact: manuela@b2c2.com and mentioned you found it out here :)

  • You can learn more on B2C2 by reading our interview with Max, CEO Click here

🖥️ Web Designer - Remote - Bottle pay

  • Join the team at Bottle pay as a Web Designer and work with their Marketing team to build up Brand and PR Web properties that showcase the bad ass Bitcoin payment products the team is developing ⚡️

  • More information on the role: Click here

  • Contact: pete.od@bottle.li and mentioned you found it out here :)

 Senior Engineer - London - Aztec Protocol

  • Join the team at Aztec Protocol and help to architect and implement systems allowing end users to easily build on and interact with complex zero-knowledge systems

  • More information on the role: Click here

  • Contact: Click here and mentioned you found it out here :)

  • You can learn more on Aztec Protocol by reading our interview with Tom, CEO Click here

Full Stack Developer - Paris - Sorare

  • As a Full Stack Developer, you will be joining the engineering team composed of the CTO and a senior software engineer. The team has big challenges ahead and you will have a big impact on the architectural choices and the shape of the team moving forward

  • More information on the role: Click here

  • Contact: Click here and mentioned you found it out here :)

  • You can learn more on Sorare by reading our interview with Nicolas, CEO Click here

📅  Event of the month: The Lightning Conference October 19-20, 2019 Berlin, Germany

  • The lightning conference is probably the most exciting conference related to Bitcoin Lightning and it’s in Berlin 🇩🇪

  • Some of most interesting teams such as Lightning Lab (Hello Elizabeth!), Bottle Pay (Hi Guys!) or Acinq will be there among others [Speaker List]

  • There are still few hodler tickets (EUR300)

  • Buy your ticket!


Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

If you are looking to hire, share news or want to sponsor a newsletter please email me at cryptojobseu@gmail.com - we are 1,100+ and growing. Sign up

Crypto, Data and Privacy in Europe #24: Max Boonen, Co-Founder and CEO of B2C2 Interview

B2C2 hiring Quant Trader, $90,000 Bitcoin by BayernLB, KR1 made $5.1m profit from Cosmos, Russian scientists caught mining BTC at nuclear plant etc...

Hi Everyone,

This is issue #24 of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺 If you’d like to sign up, you can do so here.

Some quick updates, we’ll start sending our new bi-weekly newsletter focus on jobs and products next week (Yaay!). We’ll also have a surprise for you later in the week…

We are always interested in connecting with new projects, companies or investors. Just email me at etienne@blockwyre.com

Also, we are looking to expand our team (1x CTO/Web dev, 1x intern). Just email us.

Thank you for supporting the European crypto ecosystem!

Etienne Twitter, etienne@blockwyre.com)


🏦 Ledger Vault

Thank you Ledger Vault for supporting the crypto European ecosystem 🇪🇺

🙈Who’s behind this? Max Boonen, Co-Founder and CEO of B2C2

This section aims to give the opportunity to introduce some of the best 🇪🇺 founders. Most people loves their products but don’t know who are the founders behind them. Hello World.

Background: If you ask me who is is the most impressive founder in crypto capital markets in London, I’ll probably say Max at B2C2. In few years, he has built from the ground up one of the largest liquidity providers in the world, expanded to Japan and the US and built a world class infrastructure.

Q&A with Max Boonen, Co-Founder and CEO of B2C2

Hi Max, B2C2 was founded in 2015 and has quickly become a leading crypto currency market maker and one of the largest liquidity providers in crypto assets; can you share a bit about your background?

Prior to B2C2, I was a trader at Goldman Sachs in London, where I covered interest rates: mainly repo, FX swaps and cross-currency. I found my time there fascinating. For anyone contemplating different career options, I recommend working with people who will teach you skills you cannot learn on the internet or at school. Such was my time in investment banking.

How did you get into the bitcoin and blockchain industry?

I dipped my toes in electronic trading at Google, of all places, during the internship that was my very first job at age 19. Google ran an internal prediction market that I managed to dominate thanks to a simplistic trading bot. In 2012, I was introduced to Bitcoin and started work on market making algorithms for MtGox. It was a rocky start, with some good lessons learned in the April 2013 bubble when a crazy rally (crazy at the time) topped out at around $260 and I bought the ding-dong high. The term "bags" hadn't become popular yet, but bags they were, my bitcoins. In 2015 I felt that this experimental market was going to stay and I resigned from Goldman. In hindsight I should have quit earlier.

Tell us a bit more about who is behind B2C2? How big is your team? Are you hiring?

We are hiring! I started the business with my partner Flavio Molendini and for a long time it was just the two of us in a garage. We only started hiring in 2017 and were just a team of eight at the top of the 2017 bubble. We are conservative and gradual in our hiring - it is difficult to find the right people and quality beats quantity. It took us two years to find Rob Catalanello, a Wall Street veteran who now runs B2C2 USA. Today, we have just under 40 employees globally in London, Tokyo and New Jersey. We are currently looking to make immediate new hires on the quant front and in middle office, and we're always on the lookout for brilliant individuals.

Click to continue reading the article

🔨Job opportunity: Quant Trader - London - B2C2

  • Join the great B2C2 team and work on tasks including improving the performance of market-making algorithms, mining data sets for discriminating variables and conditions that correlate with trading performance and building backtest models

  • More information on the role: Please click here

  • Contact: manuela@b2c2.com

🐦 Tweets of the week

Great interview of our partner Ledger…

…Meanwhile Bakkt volume has been quiet…

…and an interesting take from Max at B2C2 on Vanguard using blockchain in FX

🤹 Startups

  • The UK-based subsidiary of Coinbase has restored its fast deposit and withdraw services in the country by becoming a client of ClearBank [Source] - As mentioned in our previous interview with Postraise, it is quite challenging for most crypto companies to have strong banking relationship. Imaging that even the bluest chip company in Crypto, Coinbase, faces obstacle. Oh well.

  • The first Bakkt Bitcoin Futures block trade was executed between digital assets merchant bank Galaxy Digital and crypto investment firm XBTO on Oct. 1 [Source] - While most people are disappointed by the lowish traded volume on the exchange, the institutional market takes time…that’s all!

  • Blockchain analytics firm Chainalysis announced the launch of its on-demand compliance and investigations software for several Ethereum (ETH)-based ERC-20 tokens [Source]

  • Facebook’s Libra digital currency developers have released a new roadmap outlining steps toward its mainnet launch [Source]

    • Developers have released several blockchain explorers (libranaut, libraviewlibrabrowser, and libexplorer)

    • Integrated Libra testnet into their wallets (ZenGo, including a large PR to Libra Core)

    • Integrated Move into their systems (Solana)

🏭Corporates

  • Swiss crypto broker Bitcoin Suisse has partnered with fintech firm Amun to launch a new crypto exchange-traded product (ETP) on the country’s stock exchange SIX. The ETP is weighted 90% Bitcoin and 10% Ether [Source] - If you remember, we discussed few weeks ago about the challenges that Coinshares is facing with the FCA…meanwhile the Swiss regulator seems more important to launch digital assets product

  • The German bank BayernLB has published a report on Bitcoin versus gold, in which it predicts a big leap for the cryptocurrency in 2020 reaching $90,000 [Source] (Thank you Kay for the recommendation!)

“If the May 2020 stock-to-flow ratio for Bitcoin is factored into the model, a vertiginous price of around USD 90,000 emerges. This would imply that the forthcoming halving effect has hardly been priced into the current Bitcoin price of approximately USD 8,000.” -The German bank BayernLB

  • Swiss Digital Exchange (SDX), a digital asset trading platform by Switzerland’s principal SIX Swiss Exchange, will reportedly launch its initial digital offering (IDO) in 2020 [Source]

🏦Regulations / Universities

  • One of three scientists caught illegally bitcoin mining at a Russian nuclear lab has been fined 450,000 rubles, or $7,000 [Source] - What is quite comical is the answer to their lawyer. Note, One of the three employee’s lawyers, Alexei Kovalyov, hinted at the fine being very small compared to the probable payoff…

  • Mark Branson, head of Swiss financial supervisor FINMA, has said he is more concerned with the dark corners of cryptocurrency than he is with Facebook’s stablecoin Libra [Source]

  • Russia’s Ministry of Finance is considering regulating cryptocurrencies into three distinct legal categories. The move would make it easier for the country to regulate the industry. According to Deputy Finance Minister Alexei Moiseev, the proposed categories are: (i) Technical tokens (network utility tokens), (ii) Virtual assets (often used to transact value) and (iii) Digital financial assets (securities) [Source]

  • Ukraine plans to legalize Bitcoin and bring it out of a legal grey area. Currently, Bitcoin is not banned in the country, but has no official status. The move is part of the country’s modernization efforts led by its new young president. Ukraine also plans to move its state registries to a blockchain-based network [Source]

  • IKEA Iceland has taken part in a commercial transaction on ethereum, using smart contracts and licensed e-money to facilitate the settlement of an order from local retailer Nordic Store [Source]

💰Fundings & M&A

  • Pantera Capital has led a $5m strategic seed round of decentralized derivatives protocol Vega, currently focused on designing and implementing its core protocol for secure and non-custodial decentralized margin trading [Source]

  • European digital asset investment firm KR1 posted a $5.6m profit for the half year ending on June 30, 2019, mainly due to the launch of Cosmos network [Source]

  • Ripple continues its run of acquisitions, announcing an expansion into Iceland with its acqui-hire of crypto trading firm Algrim. The acquisition adds six engineers to Ripple’s ranks. This new team will play an integral role in its On-Demand Liquidity (ODL) program [Source]

  • Founders Bank, Malta Based, CEO Pandolfino said the bank raised $10m so far and is looking to raise $30m more in the near future. The bank’s leading investors include the crypto exchange Binance (also based in Malta), the hedge fund Polychain Capital and the Czech firm Carduus Asset Management [Source]

    “Our secret sauce is centered around building a know-your-customer, anti-money-laundering platform which is fintech-focused,” CEO of Founders Bank.

📅  Event of the month: The Trading Show, 17 October 2019, London

  • The Trading Show team has accepted to give free expo pass for their event on 17th of October 2019

  • There will be more than 1,000+ attendees, 50+ exhibitors and speakers including a lot of crypto focus companies such as Bitstamp, Copper, Blockwall, Trustology, XBTO, Cambrial, Base58 and Wintermute among others

Get a Free Pass


Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

If you are looking to hire, share news or want to sponsor a newsletter please email me at cryptojobseu@gmail.com - we are 1,100+ and growing.Sign up

Etienne's 🇪🇺 Crypto Newsletter #23: Sorare Interview (First blockchain-based football card game)

Free trading show pass (London 17 October, 2019), BitMex Liquidation and Deribit volume, Bittrex and Chainalysis

Hi Everyone,

This is issue #23 of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺 If you’d like to sign up, you can do so here.

The first part of my analysis on the London crypto ecosystem was super successful, we are working on something even better for the second part. This week, you have an interview of a French startup, Sorare.

Also, we are looking to expand our team (1x CTO/Web dev, 1x intern), see further below.

Thank you for supporting the European crypto ecosystem!

Etienne Twitter, etienne@blockwyre.com)


🏦 Ledger Vault

Thank you Ledger Vault for supporting the crypto European ecosystem 🇪🇺

🙈Who’s behind this? 

Sorare - First blockchain-based football card game

Hi Nicolas, Sorare was founded in 2018, quickly becoming a leading and trusted platform to collect and play with official football crypto-assets. Could share a bit about your background?

I met my co-founder (and CTO) Adrien at Stratumn, where he was leading a 10+ people crypto engineering team. We spent two years working together on pushing an enterprise grade blockchain-based software to the market.

Last summer we decided to leave the company to pursue our deeper internal drive: bring a crypto product into the hands of millions of people.

We have been fascinated by the emergence of Non Fungible Tokens (CryptoKitties pioneered the space) and are convinced they will drive the next wave of consumer adoption.

Unlike most of the other projects in the space, we decided to build much more than a collectible project: the core of the product is a competitive fantasy manager where all the assets (NFTs) are officially licensed by football clubs and leagues.

How did you get into the bitcoin and blockchain industry?

Adrien has been a bitcoiner for many years. He started his journey at Paymium (the French crypto exchange) before joining Stratumn.

I joined the movement in 2015, working on a blockchain project for a retail bank. I came to realize that while the “blockchain” could bring some incremental gains to big corporates, the radical innovation lies into crypto-assets.

What’s your business model?

We sell crypto-assets (non fungible tokens) representing football players. We give back a percentage of our sales to the right holders (leagues, clubs or player associations).

Click to continue reading this interview

🔨Job opportunities: Come help me build the largest European crypto community!

We are looking to expand our team, just email me at etienne@blockwyre.com

  • Intern - Help with interview, data, reach out etc… Can be based anywhere

    • Email your twitter, Linkedin, past articles or research you published. No CV!

  • Web Dev / CTO - Support with website development. Prefer someone London based

    • Email Linkedin, past web dev work and 2 references. No CV!

🐦 Tweet of the week

This week, the Bitcoin price was quite volatile leading leading to large liquidation volume on BitMex…

…and record volume on Deribit with $1bn daily volume…

… but if you think this is the end of the crypto world. Listen to the smart cats at Light. They also released an interesting Short-term catalyst XRP Thesis

🤹 Startups

  • Crypto exchange Bittrex has inked a partnership deal with Chainalysis KYT solution which monitors large volumes of cryptocurrency activity and identifies high-risk transactions. The exchange is planning to profile its user activities in terms of risks [Source] - This is in line with our view that centralised exchanges will become more and more regulated performing more AML/KYC. This will further incentive privacy first decentralised exchanges and P2P exchanges.

  • FunFair launched its first casino a year ago this week, and enjoyed one of its busiest weekends, with around 100m $FUN (c. US$330k) bet on games between September 20 and September 22, according to data from funstats.xyz. The network is now just short of 1 billion $FUN (c. $3.3m) wagered over the course of the year, with the volume picking up pace over the past few months [Source]

  • Crypto exchange CEX.IO has integrated Superorder’s automated crypto trading terminal allowing users to create and run trading strategies, and increased functionality such as portfolio tracking, using a visual interface [Source] - This is another way to make trader trade more. Binance has also something similar [Link]

🏭Corporates

  • Exchange Boerse Stuttgart, Germany’s second-largest stock exchange, has opened a regulated trading venue for digital assets. BSDEX will open for German retail and institutional investors slowly followed by the entire EU [Source] - Germany is at the forefront of the crypto adoption with large corporates making it easier for the retail to access crypto assets.

  • Swiss stock exchange SIX launched a pilot version of its exchange and central securities depository (CSD) for digital assets [Source]

🏦Regulations / Universities

  • Binance helped the British police bust a cybercriminal who sold phishing tools that resulted in 500,000 people targeted, a majority by email, with the criminals raking in $51m+ [Source] - Cooperation between crypto exchanges and regulators is pretty common (e.g. Kraken) but it is less common to have it advertise

  • By early 2020, Bitcoin payments will be accepted at over 25,000 points of sale for 30 different French retailers, including sportswear giants Decathlon and Footlocker, and cosmetics store Sephora [Source] - Maybe the next step is to accept stable coin?

  • In comments to the German federal parliament Bundestag, Benoit Coeure, a member of the Executive Board of the European Central Bank (ECB), said “Libra has undoubtedly been a wakeup call for central banks and policymaker,” and they should respond to these challenges [Source] - I share the view as Nick Tomaino:

Libra’s clearly great for the space but the public overestimates the importance of large institutions in cryptocurrencies and underestimates the importance of unknown individuals and small teams

💰Fundings & M&A

  • Skew, a cryptocurrency data analytics startup raised $2m in seed funding led by London-based FirstMinute Capital, with participation from Seedcamp, Kima Ventures, Kleiner Perkins and QCP Capital [Source]

    • The company’s skew Analytics service, launched concurrently with the raise announcement

    • Providing real-time overview of crypto derivatives markets with more than 100 charts on crypto futures and options

    • Congrats Skew team! Super impressive to see what you have built over the past year!

  • Blockchain provenance startup Everledger has raised $20m in a Series A round led by internet giant Tencent

    • As part of the investment deal, Bloomberg Beta, Rakuten, Fidelity, Graphene Ventures and Vickers Venture Partners also took part in the round

    • The U.K.-based startup set out as a platform to verify the authenticity of diamonds, and his since expanded to other areas where provenance and transparency are of key importance such as minerals, luxury goods wine and art [Source]

  • IOVLabs, the parent company behind RSK‘s bitcoin smart contract network, announced its acquisition of Spanish-language social networking platform Taringa [Source]

    • With the deal, IOVLabs announced it will also integrate RIF, RSK’s native token, into the platform

    • Taringa is one of the largest Spanish social media apps, with 30m users, 1,000 active communities, and 8m daily shares on its platform

    • Past the acquisition itself, IOVLabs has allocated some $5m in assets towards developing products for Taringa

    • Driving their user growth through the acquisition of a non-crypto user community can work but require new incentive mechanisms and new content / application

📅  Event of the month: The Trading Show, 17 October 2019, London

  • The Trading Show team has accepted to give free expo pass for their event on 17th of October 2019

  • There will be more than 1,000+ attendees, 50+ exhibitors and speakers including a lot of crypto focus companies such as Bitstamp, Copper, Blockwall, Trustology, XBTO, Cambrial, Base58 and Wintermute among others

Get a Free Pass


Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

If you are looking to hire, share news or want to sponsor a newsletter please email me at cryptojobseu@gmail.com - we are 1,100+ and growing.Sign up

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