Mosaic market reports

Vicki Joseph

Contributor
Mosaic constantly monitors a wide range of sources for cryptoasset news and summarizes the most interesting items in a daily newsletter. In addition, we are now providing this weekly roundup which draws together and analyzes our favorite news and features of the week.
Mt. Gox, its trustee, and its former CEO Mark Karpelès
Mosaic’s Friday feature of the day was “Mt. Gox and the Surprising Redemption of Bitcoin’s Biggest Villain” by Jen Wieczner (Senior writer @ Fortune Magazine, Wall Street). The article gives a brief overview of the events following Mt. Gox’s bankruptcy in 2014 and the legal proceedings following Karpelès’s arrest in August 2015 on charges of manipulating electronic data related to the internal Mt. Gox account called “Willy Bot”.
The article deals with Karpelès’s attempt to deal with the surge in the bitcoin price following the bankruptcy which, due to Japanese bankruptcy law, would have made him a billionaire and left Mt. Gox creditors without any exposure to any of bitcoin’s subsequent appreciation. Fortune’s feature on Karpelès coincided with news that Mt. Gox’s trustee had transferred over 16,000 BTC, worth around $144m, and 16,000 BCH, worth $21m, from the trustee’s vaults to an unknown address, sparking fears of a large sell-off. According to CryptoGround, which monitors Mt Gox’s remaining wallets, the bitcoins were removed from four separate addresses in increments of approximately 2,000, with 0 BTC remaining in each wallet that the funds were extracted from.
Mosaic’s Weekly Cryptoasset Roundup — April 30, 2018
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Vicki Joseph

Contributor
We are in the early stages of designing and deploying cryptocurrencies, and if you believe the Fat Protocol Hypothesis, there are billions of dollars at stake. Naturally, cryptocurrencies and their adherents will seek to defend their positions from challengers. Fundamentally this is a very different game in the crypto space than it is in traditional business because of the open source nature of cryptocurrencies and the ability to fork blockchains. Together, these things mean the cost to compete with cryptocurrencies is extremely low.

In this environment how do cryptocurrencies seek to defend themselves from competition? What are the defensible competitive advantages, or moats, that cryptocurrencies have and can cultivate? These are questions that I seek to answer in this article.

Get details at- https://t.co/d7FnBwbcHu
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Vicki Joseph

Contributor
Mosaic constantly monitors a wide range of sources for cryptoasset news and summarizes the most interesting items in a daily newsletter. In addition, we are now providing this weekly roundup which draws together and analyzes our favourite news and features of the week. Subscribe to our daily newsletter to stay up-to-date with cryptoasset news.

Token sale regulatory scrutiny
One of Mosaic’s news items last week was CNBC’s interview with SEC Commissioner Robert Jackson. Regulators at the Securities and Exchange Commission are still worried about the current cryptocurrency fundraising craze, but the interview with Commissioner Jackson showed that the agency is not necessarily looking to ban token sales outright and still is open to a legal avenue for crypto investments and offerings.

“Investors are having a hard time telling the difference between investments and fraud,” SEC Commissioner Robert Jackson told CNBC’s “Squawk Box” on Monday. “Down the road, I think we will be thinking about ways to make those investments work consistent with our securities laws … right now we are focused on protecting investors who are getting hurt in this market,” he said.

The SEC’s Commissioners comments coincided with the release of a report by the Wall Street Journal which claimed that the legal status of Ether — whether it is a security or not — was under regulatory scrutiny. Both U.S. commodities and securities watchdogs are questioning whether the same rules for stocks should apply to these digital currencies. Moreover, the cryptocurrency’s creation in 2014 was “probably an illegal securities sale” in the eyes of some regulators, the Journal said, citing people familiar with the matter.
Get details at- https://medium.com/mosaic-network-blog/mosaics-weekly-cryptoasset-roundup-may-7-2018-621846c57d91
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Vicki Joseph

Contributor
The platform has its own researchers and analysts who’ll study a variety of crypto-related areas such as technology, product, user traction, market competition, token economics, trading, valuations, and risks. The intelligence report will finally let the investors access a data-driven analysis, rigorous insights, know how to invest in ICOs and other valuation frameworks that are hard to find elsewhere. With the recommendations done by this platform, the end users will find it simpler to decide which crypto assets are worth holding or selling.
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