🇪🇺 Crypto Weekly Updates #4: May 20th

Interview of Skew's founders, TokenAnalyst, Facebook, Ledger, Sorare

Hej Everyone,

This is the fourth issue of my European crypto newsletter aiming to give updates on corporates, startups, jobs and regulation in 🇪🇺

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

If you want to support this initiative, please share it with others, sign up and retweet. Or send me BTC. 🙊 

Don’t hesitate to contact me!

Merci

Etienne Twitter, ebrunet40@gmail.com)

Tip me with lightning

Send me Bitcoin for my morning coffee or to have a better logo: 37QXn58nXbr2Z6yx3RhF73AJoUDJpBEdne


🙈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.

Background: Emmanuel and Tim are the most savvy crypto traders based in London that I know. I’ve followed them long time before they were featured in ZeroHedge and launched one of the most recognised source of data and analytics on options and derivatives. Enjoy.

Hi Emmanuel and Tim, you launched earlier this year Skew which has become the go-to website for anyone interested in data on options and derivatives in crypto. However, only few people know who is behind this brand, Can you share a bit about your background?

We actually first met in 2009 during an interview for an internship at UBS. Back then it was quite difficult to even get an internship as the Lehman crisis was hitting everyone very hard — we both managed to get the job though!

We both graduated from the French business school HEC in 2011 and started our career in equity derivatives trading that year — Tim worked at UBS and Citi and Emmanuel at JP Morgan.

We were also flatmates for two years — all in all, we know each other quite well!

How did you get into the bitcoin and blockchain industry?

Read more on Medium

👨‍💼Jobs

Under construction. Please email me any jobs. Or if you really miss this section.

🤹 Startups

  • TokenAnalyst, a provider of blockchain data, estimates that withdrawals from trading platforms including Bitfinex, BitMEX, Binance and Kraken have exceeded inflows by about $622m over the past 5 days. Investors seen flocking to Bitcoin as Tether concern lingers More than $1.7bn pulled from Bitfinex. [Source]

  • Increased concerns around security following Binance's $40m hack last week may have given crypto custody hardware and software provider Ledger a sales bump. [Source]

🏭Corporates

  • Social media giant Facebook has formed a new financial tech firm, Libra Networks LLC, according to a filing on the Geneva Commercial Register. [Source]

  • International electrical engineering company ABB has rolled out a blockchain pilot to explore how the technology could promote the role of solar energy in peer-to-peer (p2p) energy trading [Source]

  • ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods [Source]

🏦Regulations / Universities

  • Russia’s largest bank Sberbank has requested that the Co-founder of cryptocurrency trading platform Toxenbox.io provide information on their income from cryptocurrency including the client's crypto wallet address, mining equipment the client deployed and hash rate indicators. The bank also asked for documents confirming ownership of the mining equipment. [Source]

  • Estonian consulting firm Eesti Consulting OÜ has claimed that it is getting harder to get a cryptocurrency license in Estonia. The new regulations adds a numbered formal obligation, extends the processing time from 30 to 90 day and establishes the requirement for a company or branch to be incorporated in Estonia. [Source]

  • The European Central Bank (ECB) stated that cryptocurrencies do not have implications on monetary policy or factor into the real economy in a May report. Currently crypto do not fulfil the functions of money, However, the ECB notes that the development of stablecoins warrants continuous monitoring. [Source]

💰Fundings

  • Sorare raises over €500k to transform the beautiful game into the first mass blockhain-based football game from Kima Ventures, ConsenSys Venture, Thomas France and SeedCamp [Source]