Day: July 29, 2018

This article originally appeared on Bitcoin Magazine.

A new exchange called Voyager is in the market, with members from both Uber and E*TRADE Financial as co-founders.

Oscar Salazar is a member of Uber and founding Architect and Chief Technology Officer for the ride-sharing application. Stephen Ehrlich was CEO of E*TRADE Professional Trading LLC, the section of the financial institution that handled professional trading.

Many other people were involved with the building of this new exchange, and together have more than 8 decades of experiences in financial services and tech companies.

“A shared vision for how impactful this alternative asset class will become coupled with a belief that crypto-assets are empowering a new generation of investors is what brought us to launch Voyager”

Voyager’s first offering looks to provide a mobile application in Q4 of this year, allowing retail investors to execute orders on an industrial-grade platform from anywhere.

The platform will allow traders to securely and efficiently manage their assets, thanks to smart order routing technology. Trades are commission-free as well, allowing for users to maximize the amount of profit made on each position.

The platform will start with at least 15 assets being available to trade, with the potential of more being added in the future. Advanced tools built into the intuitive interface will allow for better analysis of the market, trades, and better future predictions.

The latest cryptocurrency news, social feeds, as well as alerts, can also be directly accessed from the platform, to keep users updated on the new developments.

Lastly, if any problems may arise, customer support via instant chat as well as the phone is available 24/7. The crypto market never sleeps, and Voyager will make sure traders can always watch the market.

The scheduled launch in the last quarter of this year is a limited release, only accessible to residents in California, Massachusetts, Missouri, New Hampshire, and Montana. Voyager has an ultimate goal of being approved for operation in 40 states.

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In this week Hodler’s Digest, an ex-JPMorgan exec thinks blockchain can save the world, and an EU Parliamentary study thinks CBDC’s could solve crypto market competition problems

At least 7 banks are reportedly ready to sign up to the CLS blockchain-based payment netting service after the launch this summer, as the service enters its final testing stages

A University based in the UK is taking up the slack for Malaysia’s shortage of blockchain professionals. The institution, through its program, is helping develop the next generation of startup CEOs.

The University of Southampton Malaysia (UoSM), based in the UK has a split campus programme which allows students from Malaysia to study the first two years in their home country then the final two years at the world-class research center at Southampton University.

Blockchain developers are in short supply and also in high demand around the globe and on Upwork, blockchain developers are reportedly among the top 20 fastest growing jobs. UoSM works with industry to ensure their pool of talented students can contribute to new roles of the future.

A group of such Malaysian students from UoSM have just won an award at a competition in Singapore.

The team of four from the university competed in the BlockchainSPIRIT Hackathon at the Nanyang Technological University. They won the “Most Impactful Project” for an app designed by the group which improves courtroom recordings. Engineering students Do Wen Rei, Delveer Singh, and Chia Tze Hank, created ‘Legal-chain’, a solution that uses speech recognition technology to generate court transcripts for legal proceedings.

Do Wen Rei commented how they had struggled with selecting how to go about the process:

‘Being new to blockchain technologies, we had been struggling to choose which platform to use. We were fortunate that the technical trainers were patient with us and helped us get started” adding, “We did not expect to win this prestigious award. We are very proud to have had our project recognised in this way.”

Prof Rebecca Taylor, Pro Vice-Chancellor (Asean) and chief executive officer of UoSM said that she was highly encouraged that students from the University their practical solutions were recognised by professionals:

“Having students take what they have learnt from their course to create practical solutions, embodies our University Mission to change the world for the better…We are incredibly proud of the determination, passion, and inventiveness of our students and delighted that their efforts have been recognised by digital leaders in this way.”

As blockchain continues to make inroads in Malaysia, the government continues to show caution with its cryptocurrency regulation. The Malaysian Central bank, Bank Negara, has not outlawed cryptocurrencies and continues to allow exchanges to operate in the country. Malaysians are able to trade providing exchanges or individuals collect full details of the trader in addition to current ID.

The new guidelines were introduced earlier this year after Bitcoin’s drop in value.

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Google has updated its Play Store policy which will now bar all mining apps. The latest update follows a similar move made by Apple last month.

Apple’s new guidelines stipulated:

“Apps may facilitate transactions or transmissions of cryptocurrency on an approved exchange, provided they are offered by the exchange itself. Cryptocurrency Apps may not offer currency for completing tasks, such as downloading other Apps, encouraging other users to download, posting to social networks, etc.”

Google has followed suit by no longer allowing cryptocurrency miners on the Play Store. Many are currently available on the Store including apps such as MinerGate, Crypt Miner, NeoNeonMiners and countless others. Mining extensions were already prohibited from the store earlier this year. The new policy states:

“We don’t allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency.”

However, the ban does not take in all software involved with mining virtual cash. Both Google and Apple have said that they would allow users to design apps for managing mining being done elsewhere – such as on cloud computing platforms.

Both the moves by Apple and Google follows some negative apps-related press from a range of sources recently particular regarding crypto mining. Russian cyber security company Kaspersky Lab reported recently of a huge 44.5 per cent spike in crypto jacking over the past year.

Cryptojacking is defined as the secret use of your computing device to mine cryptocurrency. The hacking occurs when the victim unknowingly installs a program on a user’s computer which secretly mines cryptocurrency.

Also another report by Skybox Security that ransomware is fast being taken over by illicit currency mining of this nature, suggesting that miners now represent 32 per cent of all cyber attacks.

Google has not simply targeted cryptocurrency, as its new developer policies have also included “multiple apps with highly similar content and user experience,” targeted at repetitive content, and “apps that are created by an automated tool, wizard service, or based on templates and submitted to Google Play by the operator of that service on behalf of other persons.”

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Even though it’s yet to gain much notoriety, token project Spectre is innovating in a trending area – private staking for proof-of-stake blockchains.