Blockchain Daily Digest - August 9th, 2019

Blockchain Daily Digest - August 9th, 2019

1. German insurance giant Allianz facilitates cross-border insurance payments with blockchain
   • Allianz is developing a token-based blockchain system to streamline insurance payments for corporate customers.
2. Binance Coin surges 12% despite alleged KYC Leak
   • Binance is priced at $30.9 as of press time.
3. Etihad Airways joins the Winding Tree blockchain platform for product distribution
   • Air Canada, Air France-KLM, and Lufthansa have already deployed the Winding Tree platform.
4. Greyscale investments: Bitcoin is a hedge against financial instability
   • Greyscale believes Bitcoin is a beneficial asset for long-term investment portfolios.
5. Director of CFTC is expected to leave the agency within weeks
   • Amir Zaidi, director of CFTC’s division of market oversight which leads the development of Bitcoin futures, is expected to leave the agency within weeks.
6. Ethereum Classic (ETC) Labs incubator announces Studio to support ETC projects
   • The Studio shares technical and marketing expertise in dApps and crowdsales.
7. Gemini becomes a constituent exchange for CME crypto reference rates
   • Gemini will list CME CF Bitcoin and Ether-Dollar Reference Rate and Real-Time Index starting 30 Aug 2019.
8. SBI-backed crypto exchange integrates new AML and KYC technology
   • VC Trade partners with Taiwanese digital currency hardware wallet CoolBitX to launch the new compliance tech.

Top 5 Cryptos At a Glance

Source: Blockchain.News Data and CoinMarketCap, as of August 9th, 2019