Landon Manning

PayPal Creates Internal Blockchain Token for Employee Reward System

Distributed Summary:

  • Online payment system dabbles in cryptocurrency with blockchain-based token for employee perks
  • Filed patent for “expedited virtual currency transaction system” in March
  • Historically cold toward crypto/Bitcoin, this could signal shift from PayPal

U.S. Congressman Suggests “Do Blockchain” and “Wall Coins” to Fund Border Wall

Distributed Summary:

  • Ohio State Representative Warren Davidson throws out blockchain-based fundraising to construct wall between U.S. and Mexico border
  • Floats the cryptocurrency name “wall coin” in seemingly offhand remark
  • Demonstrates awareness, if not sophisticated understanding, of blockchain-based fundraising and incentivization

SEC Chairman Speaks Positively of ICOs, Cautions Adherence to Regulations

Distributed Summary:

  • SEC Chairman Jay Clayton called ICOs “effective ways for entrepreneurs and others to raise capital” in recent speech
  • Reiterated the fact that when “securities are being offered, our securities laws must be followed”
  • Announced the formation of a strategic hub for innovation and financial technology within the SEC

UNICEF Announces $100,000 Investment in Humanity-Focused Blockchain Projects

UNICEF recently announced that its innovation fund will invest $100,000 in blockchain-based projects aimed at solving global problems.

Coinbase Considers Adding New Digital Assets to Exchange

Distributed Summary:

  • In blog post, world’s most intro-friendly cryptocurrency exchange mulls adding over 30 new digital assets for potential investors