This week blockchain will be among the key topics at Asia’s biggest tech conference. Elsewhere, crypto experts will take part in a virtual summit, and prediction-market platform Augur will move to the Ethereum network.
Blockchain and Crypto in Focus at RISE
RISE, the largest tech conference in Asia, according to The Korea Times, will take place in Hong Kong starting Monday. The four-day event will feature more than 350 speakers from all over the world, including Brad Smith, the president of Microsoft, and Werner Vogels, the CTO of Amazon.
The blockchain and cryptocurrency communities will be well represented at RISE in multiple discussions and workshops, including “What Will Really Happen With Crypto?” with Joseph Lubin, the co-founder of Ethereum; Erik Torenberg, co-founder of Village Global; Melissa Guzy, co-founder of Arbor Ventures; and Akiko Fujita, a CNBC anchor. Other talks include “Safeguarding Security With Blockchain and AI” and “The Crypto Phone.” Read more here.
A Virtual Blockchain Summit Benefiting Nonprofits
Hack.Summit, a virtual conference organization, will be hosting a three-day event starting on Monday dedicated solely to blockchain. Speakers include Jed McCaleb, the founder of Stellar.org and the former CTO of Ripple; Riccardo Spagni, a member of Monero’s core team; and Jutta Steiner, CEO of Parity Technologies.
“Attendees” will be able to watch the event from home, vote on the best audience questions and chat in real time with some of the speakers. All ticket proceeds will go towards a group of tech nonprofits including Women Who Code, freeCodeCamp and CoderDojo. Read more here.
Augur Migrates Again, This Time to Ethereum
Augur, a decentralized, peer-to-peer prediction market platform, will move from Solidity to the main Ethereum network on Monday at 11:01 a.m. PDT. Current REP token balances will be frozen and moved to a new REP token contract inside the “genesis Augur universe.” If all goes well, the migration should only take a few hours.
Auger previously moved its contracts from Serpent to Solidity in July 2017. The company says the migration process will be similar but “this time under better circumstances!”
The REP token has a market cap of $373 million, according to CoinMarketCap.com. Read more here.
Last Week’s Top News
Malta Approved Blockchain, Cryptocurrency Regulations
On Wednesday, Malta became the first country in the world to pass official laws for operators working with cryptocurrencies and digital ledger technologies including blockchain.
“When we started looking into what was needed for the blockchain industry to flourish, we understood early on that the serious operators wanted legal certainty,” said Silvio Schembri, Malta’s Junior Minister for Financial Services, Digital Economy and Innovation. Read more here.
Russia’s Military Wants to Block Cyberattacks With Blockchain
Russia’s military technology accelerator, known as the ERA, is creating a research lab to look into ways of using blockchain to identify cyberattacks and protect the nation’s infrastructure.
The lab, located in the coastal town of Anapa, is still being developed, though research by the ERA has already begun. Read more here.
Tether Trades Raise Flags
New, potentially troubling questions are being raised about tether (USDT), a cryptocurrency pegged to the value of the dollar, Bloomberg reports.
Large tether trades are having about the same effect on prices as small ones, even though big buy orders should boost the coin’s price temporarily. In addition, oddly specific order sizes, many of which go out to five decimal places, have been appearing, potentially signaling “wash trading.” Read more here.