With the market still going sideways, many would expect the crypto landscape to be at standstill. But that's not the case. With exciting new projects, lots of funding activities and more, there's a lot to unpack from everything that happened the last week. Let's begin.

1️⃣ Coin flip - Coinbase thrived when cryptocurrencies crashed. Can it take the blockchain back to the mainstream?

You might get bored of reading about Coinbase almost every week in this newsletter, but the biggest company in the industry is doing lots of stuff to get its mention. Last week, it announced a new listing process for coins, hinting that users might buy a lot more digital currencies in the future. Then there's Coinbase Bundle, which makes it dead simple for buyers to sample five cryptocurrencies (BTC, BCH, ETH, ETC, and LTC) for as low as $25. Last but not the least, the company has also rolled out Coinbase Learn to educate about this space in an easy-to-understand manner. And if all this wasn't enough, Coinbase Prime partnered with Caspian to make it easier for institutional investors to invest.

Related read: Coinbase wants to be too big to fail

2️⃣ a16z crypto purchases 6% of MKR, backing Stablecoin vanguard MakerDAO

If you were wondering how venture capitalists are planning to navigate the world of cryptocurrencies - instead of simply participating in ICOs or getting an equity - then the last week was a great example. a16z Crypto announced that it has purchased 6 percent of the total supply of popular stablecoin MakerDAO for $15million. The VC firm also got a discount of almost 25 percent while purchasing these tokens, and interestingly, it already held tokens worth $12million beforehand. While a16z has described its investment thesis well, it's but natural that such a move will trigger a lot of analysis and reactions. MakerDAO's founder Rune Christensen has tried his best to answer some questions on Reddit, and he was also on [Laura Shin's Unconfirmed podcast detailing this deal](Rune Christensen of MakerDao on its $15 Million From Andreessen Horowitz ).
Related tweetstorm: https://twitter.com/Melt_Dem/status/1044217806043181057 Related reads: We talk about blockchain governance, so why not blockchain politics? and Maker gets backing from a16z Crypto, but the move raises questions


πŸ’₯ What's the buzz! #1

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3️⃣ Bitcoin mining giant Bitmain just officially filed for an IPO

After so many rumours and speculations, Bitmain has finally filed for an IPO in Hong Kong. As can be expected, the filing prospectus allowed for a lot of analysis of the mining giant's profits and more. Coindesk has done a great job of putting that into numbers, while this article traces the history of Bitmain.
Related read: Unboxing Bitmain’s IPO (Part 2)
Related tweetstorm: https://twitter.com/katherineykwu/status/1045059356994269184

4️⃣ Zebpay announcement about exchange business

One of India's earliest - and biggest - cryptocurrency exchange has just announced that it'll shut down its trading service. The move comes as a surprise, but considering the regulatory uncertainty in the country, it's understandable. Zebpay has confirmed that users can continue holding on to their assets, but they won't be able to trade.


πŸ’₯ What's the buzz! #2

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5️⃣ Introducing USD Coin

While we're on the topic of stablecoins, Circle also launched its dollar-pegged coin, aptly dubbed USDC (USD Coin). It'll be available to trade on Circle's Poloniex exchange as well as partner exchanges like KuCoin, OKCoin, etc. Since the USDC is based on ERC-20 standard, wallets have also announced the support for the same.
Related read: Shining light on the state of stablecoins

6️⃣ Bitcoin takes a step toward becoming a 'multi-wetwork' cryptocurrency

Many suggest that the best way to expand Bitcoin's capability is to utilise sidechains, which will add the functionality, without crippling the underlying blockchain. And one of the first such ideas has now gone live via testnet. Dubbed Drivechain, it'll work just like custom tokens designed to work on Ethereum.
Related listen: https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-377-sidechains-drivechains-and-the-apple-store


πŸ’₯ What's the buzz! #3

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⚑️ Check this out

πŸ‘‰ Compound launches money markets for Ethereum assets


πŸ’© Security check: hacks and scams

πŸ‘‰ Bitcoin Core Bug CVE-2018–17144: an analysis

Related read: The anatomy of Bitcoin Core’s recent bug

πŸ‘‰ A post-mortem of the burning bug in Monero

πŸ‘‰ The Crowd Machine crypto token theft: what we know so far


πŸ‘©β€πŸ« Explainers

πŸ‘‰ A deep look into Cosmos β€” the internet of Blockchains


πŸ’₯ What's the buzz! #4

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πŸ‘“ More awesome stuff to read

πŸ‘‰ How Block.one founder Brendan Blumer went from magic swords to the world's biggest initial coin offering

Related watch: CEO of Thiel-backed Block.one discusses $1billion EOS investment

πŸ‘‰ How dirty money disappears into the black hole of cryptocurrency

πŸ‘‰ From crimefighter to 'crypto': meet the woman in charge of Venture Capital’s biggest gamble

πŸ‘‰ Bitcoin runs on paranoia. That’s the beauty of it

πŸ‘‰ Twelve reasons I’m bullish about Ethereum today

πŸ‘‰ A primer on Austrian economics

πŸ‘‰ The importance of converting speculators into users

πŸ‘‰ Reputation in Web3

πŸ‘‰ Does Technical Analysis Work?

πŸ‘‰ Is money about to have an Uber moment


πŸŽ₯ Watchlist

πŸ‘‰ Can blockchain save journalism?

πŸ‘‰ Securities Tokens comprehensive review

πŸ‘‰ Fundstrat's Tom Lee sees catalysts that will drive Bitcoin higher


πŸ’₯ What's the buzz! #5

Imgur Source Related: https://twitter.com/VitalikButerin/status/1046042549272670208


🎧 Playlist

πŸ‘‰ How Binance became the most popular crypto exchange in 5 months

πŸ‘‰ Jake Chervinsky: defending crypto from the SEC

Related tweetstorm: https://twitter.com/jchervinsky/status/1045093084374212608

πŸ‘‰ The bull case for EOS as presented by Myles Snider

πŸ‘‰ Interview with Saifedean Ammous & Caitlin Long


πŸ’₯ What's the buzz! #6

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πŸ’Ž Hidden gems

πŸ‘‰ Bitcoin investors and speculators hold their positions over the summer

Termed as the forensic firm for blockchains, Chainalysis has been doing analysis the Bitcoin activity, which reveals some interesting insights. Now it has updated the data till August 2018, suggesting that due to the market conditions, most people have held on to their asset.


Previous Edition → #42 — Bitcoin's nastiest bug, new mining chips from Bitfury and Bitmain, Digicash's inventor teases a faster blockchain, and more
Next Edition → #45 — Bitcoin's 10-year anniversary, Coinbase's $300million fund raise, time for reversible ICOs?, and more