AM Crypto News (07/13/2017)
Bitcoin
Immature Code or Good Test? Bitcoin Scaling Proposal Segwit2x's Testnet Forks (Coindesk)
Segwit2x went forward with software that requires at least the first block is greater than 1MB. Some contend this is what lead to the testnet fork, since there weren't enough transactions in the mempool, the part of the network where transactions are collected before being selected for blocks.
First Private Bank in Switzerland Begins Offering Customers Bitcoins Directly (The Cointelegraph)
This new product offering will enable Falcon Private Bank clients to hold, buy and sell Bitcoin directly through their e-banking platform or account manager.
Austria’s Energy Company Switch First To Take Bitcoin Payments (The Cointelegraph)
Ethereum
Ethereum's Wild Ride Needs to Slow (Bloomberg)
Eventually, something has to give. The ICO boom won't last forever. If ethereum's backers are lucky, this cooling of demand will lead to a drop in volatility. The ethereum market may even become boring and mundane.
Altcoins
Behind the scenes with Tezos, a new blockchain upstart (TechCrunch)
Bitcoin will no doubt get through these trials and and hit a market cap in the trillions. But the civil wars raise important questions. Enter Tezos. The upstart platform is designed with an eye towards avoiding these flaws by baking governance into the protocol itself, allowing for formal coordination and upgrades.
Blockchain
Kazakhstan Signs Innovation Pact To Become ‘Blockchain Singapore’ (The Cointelegraph)
“We are glad that the authorities of Kazakhstan are trying to create the most favorable conditions for the development of Blockchain technologies,” Waves founder and CEO Sasha Ivanov commented.
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