Messari's Weekend Reads - Issue #47 😎

reading, sleep, and self-care

Your daily snapshot from the Messari screener.

After 23 hours of travel getting back from DevCon we will keep things for this week. Enjoy our weekend reads and for our subscribers, keep an eye out for an in-depth piece on IEOs this Sunday.

Messari’s weekend reads:

The Messari Team

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Messari Compression Algorithm

Content and thoughts from around the web as summarized by the Messari team.

Quick Bits (Don't read that, I read it for you)

Choke Points (Exchange News)

  • 👀Bakkt is eyeing the launch of an additional derivative tied to the bitcoin market, according to several sources with knowledge of the firm's product roadmap.The firm is hoping to beat rival CME Group, which said last month that is launching its own option contract tied to the cryptocurrency in Q1 2020. "I expect CME and ICE to battle like hell for dominance in this space," one source told The Block. (share or read more)

Startup Signals (ICOs, Cryptos, and Startups)

  • 💵The founders behind Nuo, a lending protocol build on Ethereum, raised $3 million to build a new digital banking platform called Juno. The seed round was led by Polychain Capital and Sequoia Capital’s Surge program, with additional participation from Dragonfly Capital, ConsenSys Labs, Astarc Ventures, Singapore Angel Network and several angel investors, including Balaji Srinivasan. (share or read more)

The Powers That Be (Legal/Reg/Policy)

  • 🇷🇺Russia’s central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its head, reports CoinDesk. Elvira Nabiullina, chairwoman  of the Bank of Russia, said her institution had been investigating the possibility of a central bank digital currency (CBDC) and the need the launch the new technology “is not obvious for us.” (share or read more)

Did I miss something?

Send me the link, your twitter handle and your best imitation compression algorithm write up. If I like it, I’ll include your bit next issue (with attribution).

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