Changpeng Zhao claims that the Bitcoin revolution has just started. The Pistoia Alliance has expanded its blockchain project to include data sharing. Reportedly, $3.2 million has been liquidated from Cryptopia. Also, we have a new Satoshi Nakamoto. This is a short summary of the weekend.
The beginning of the beginning
Changpeng Zhao, the CEO of Binance and one of the most influential people in the cryptocurrency industry, said that we are still at the start of the Bitcoin revolution.
Zhao said that in respond to a Twitter user, who had said he’d wished he had jumped on the bandwagon in 2013.
That's exactly what I thought back in 2013, "damn, I am too late. I wish I started early like those other guys." and I will say the same thing I heard back then. We are still early, the beginning of the beginning.
— CZ Binance (@cz_binance) 9 lutego 2019
The founder of the largest crypto exchange in the world (according to coinmarketcap.com) is convinced that the best is yet to come. Zhao have high hopes for the cryptocurrency industry.
Mauritius – the pioneer in Africa
Financial Services Commission of Mauritius has announced that the Island will soon license digital asset custodians. It will be a part of the organization’s plan to create a fintech hub in and for Africa.
The commission said that the framework is all set and it will come into effect on the 1st of March. Draft rules were published in a consultation paper in November 2018.
Pravind Kumar Jugnauth, prime minister of the Republic of Mauritius, said:
“In revolutionising the global FinTech ecosystem through this regulatory framework for the custody of Digital Assets, my Government reiterates its commitment to accelerating the country’s move to an age of digitally-enabled economic growth.”
Medical project includes data sharing
Pistoia Alliance published a press release a few days ago. It states that this non-profit organization has expanded its blockchain project to improve data sharing, data identity and data integrity in the life of the science industry.
The Pistoia Alliance is a non-profit organization founded in 2007, with the representatives from well-known pharmaceutical industry firms which include Novartis, GSK and Pfizer. The Pistoia Alliance was formed to help adapt the new technology to assist in the companies’ respective research and development (R&D) fields.
Steve Arlington, the Pistoia Alliance president, said:
“We believe blockchain has an important role to play in the life science sector and want to solidify use cases now so the whole industry can realize the value sooner. By working together on this aim, we can ensure that our efforts are not duplicated and that even more stakeholders can benefit.”
Over $3 million stolen from Cryptopia for sure
The curious case of Cryptopia, a New Zealand cryptocurrency exchange, is still in the development stage. According to independent research from analytics firm Elementus, hackers liquidated $3.2 million in tokens from the platform.
As of this morning, the hackers have liquidated $3.2m in tokens, with the bulk of that going to Etherdelta pic.twitter.com/QVbb8mSszX
— Elementus (@elementus_io) 4 lutego 2019
Cryptopia announced a hack of the exchange on January 15. It has most likely been the very first crypto hacking in 2019.
Who is Satoshi? I’m Satoshi!
At the end of this episode of CryptoMonday, we have some less serious news. Amaury Sechet, a Bitcoin cash developer, claims that he is the real Satoshi Nakamoto. The famous founder of Bitcoin has remained anonymous for over 10 years. There have been people who claimed that they were Satoshi’s (for instance Craig Wright). Still, none of them could prove that. However, Sechet claims that he has evidence.
I am Satoshi Nakamoto. There it is said and I can prove it:
— Deadal Nix (@deadalnix) 8 lutego 2019
The developer also stated that the content of this cryptic tweet will be revealed soon. Some experts say that it is only a jab at Wright. Both gentlemen are involved in the hard fork of Bitcoin Cash. So, we have to wait for more information from Sechet to judge his claims.
Image by Grey82 / Myroslava Bozhko / shutterstock.com