Crypto startup Bitwise Asset Management has filed for a new bitcoin exchange-traded fund (ETF); similarly to other Bitcoin ETF proposals, the initial registration statement indicates that Bitwise wants to underpin its index for the valuation of the fund with spot prices from exchanges and physically settled futures contracts, rather than cash-settled contracts -  Link


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India’s Institute for Development and Research in Banking Technology (IDRBT) published a road map for the banking sectors adoption of blockchain; the road map argued for regulation to allow for mass adoption as well as gave groundwork for how financial institutions will interact over decentralized platforms; Indian authorities have had mixed stances on crypto going from a country-wide ban to plans to launch a Rupee-pegged coin - Link


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Blockchain company Bitfury has announced a new open source platform "SurroundTM" to be launched on the Bitcoin blockchain, Reuters reports; the platform is tasked with sharing copyright and intellectual property information quicker for increased monetization and security; Bitfury is now valued at over $1B following recent funding round - Link


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Cryptocurrency mining rig manufacturer Sapphire announced the launch of the RX 570 16GB HDMI Blockchain Graphics Card designed for privacy coin Grin; Sapphire's RX 570 is "one of the few solutions" to Grin's Cuckatoo 31+ proof-of-work algorithm for efficiently mining the cryptocurrency to date; Grin launched last week after two years of development and has cypherpunks intrigued due to its Mimblewimble technology paired with GPU mining - Link


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Overstock says its blockchain-based capital trading platform tZERO will soon go live; the SEC-registered platform will initially support tZERO crypto assets only, but plans to offer support for security tokens from other firms; Overstock launched its tZERO ICO pre-sale last year, with tokens recently released to investors - Link
Update: Overstock.com has moved CTO Joel Wright to COO of Medici Ventures, the companies blockchain venture fund ahead of token launch; Wright replaces Steve Hopkins, who now leads Medici's tZERO, a security trading token platform launching this week; this leadership shuffle all takes place within CEO Patrick Byrne actively looking to sell Overstock.com to raise funds for Medici investments - Link
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Blockchain startup Nebulas has launched its testnet, becoming the first blockchain with on-chain incentive for developer contribution; Nebula is running the Developer Incentive Protocol (DIP) on the NOVA blockchain with NAS as the underlying token; the developers gain a bigger share of the preallocation 2500 NAS the more their application gains adoption; similar smart contracts, like Gitcoin, run on the Ethereum blockchain - Link


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