Inshorts

Amount of all the cryptoassets are hitting a thousand. According to Coinmarketcap official twitter, for today the list includes 828 cryptocurrencies and 182 tokens, which amounts to over a thousand of cryptoassets. Despite the fact that many of them are doubtful, it indicates the rapid evolvement of the cryptocurrencies market. According to newsbtc, a list of now a thousand of cryptoassets are being updated all the time, and all the participants are carefully screened by the administration. The requirements to be in the list are to be traded at at least on one public exchange and non-zero trading volume. For today, total market cap is over $87 billions, while the bitcoin share to all cryptocurrencies are about 50 percents.

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The government of Tatarstan will start implementing blockchain into the public sector. According to bits.media, “QIWI Platform” company suggested applying the blockchain into many fields and has already conducted researches on behalf of the President of Tatarstan Rustam Minnikhanov. The experts noted, integration of the blockchain will make electoral and notarial system more simple. There is no regulatory framework regarding the blockchain in Tatarstan for now, nevertheless, according to Anna Yakovleva, the Spokeswoman of the Ministry of Communications and Information Technology of Tatarstan, the government is now negotiating with the Central Bank of RF and Rosreestr on the blockchain implementation into the financial field.

Microsoft discussed its interest in blockchain technology. As bitcoinist reports, two leading officials of the Microsoft Corporation, Yorke Rhodes, global strategist for blockchain and Craig Hajduk, the principal manager for blockchain engineering, clarified on the panel the Microsoft’s aim on blockchain technology and ambition to lead this sector. Microsoft has made partnerships with several companies, such as Ethereum, R3, AntShares to improve its effort for blockchain and even started to provide own blockchain service - Azure cloud. Azure is the enterprise solution based on the Ethereum blockchain.

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State Bank of Belarus will use blockchain. According to a recent press release, the National Bank of the Republic of Belarus has created an information network based on blockchain technology. It can be used to solve a wide range of current and potential banking and non-banking issues. The network is initially to be used as a register of bank guarantees and their issuance. It is planned that the next stage will be the introduction of blockchain technology into the securities market. Currently bank is not planning to use the blockchain network for cryptocurrencies transactions.

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Coinbase's small victory over the IRS - US Internal Revenue Service. According to bitcoinist, last year the IRS sent a request to the US Federal District Court demanding that Coinbase provide a comprehensive list detailing all customer account activity from 2013 to 2015. The management of Californian startup and Coinbase users opposed this breach of confidentiality. Now the IRS intends to narrow its request and they require details on accounts that are engaged in transactions of at least $20,000 in a period of 2013-2015. The United States reserves the right for the IRS to issue summonses in individual cases.

Modern art gallery began to accept cryptocurrencies. According to btcmanager, the Dadiani Fine Art (DFA) gallery was the first in the United Kingdom, which accepts six digital currencies for payment, among them Ethereum, Ethereum Classic, Ripple, Litecoin и Dash. It is already possible to use the cryptocurrency at the forthcoming exhibition of Mike O'Connor “The Noise”. Dadiani Fine Art gallery is also planning to add other altcoins and to launch its own cryptocurrency - DadiCoin.

Hyperledger new version is now available. According to the company's blog, consortium Hyperledger headed by the Linux Foundation announced the release of version 1.0.0 of Fabric's blockchain platform. Brian Behlendorf, CEO of Hyperledger informed, that the new version has improved channels of transactions, which are distinguished by increased reliability and carrying capacity. The Hyperledger project was launched in 2016 with the support of the world's largest companies. In total, 159 developers from 27 organizations have contributed to Hyperledger Fabric.

Mauritius can become a so-called "Ethereum Island". According to CoinDesk, Ethereum startup ConsenSys is actively exploring a partnership with an African country of Mauritius. ConsenSys is the New York-based decentralized application builder. The founder Joseph Lubin and the team of other top executives from ConsenSys travelled the island to meet with the nation's Board of Investment, the Bank of Mauritius and other private and public sector authorities. Mauritius has established itself as an offshore financial center and is actively looking to do same with regard to blockchain and related technologies. 

13 Japanese exchanges will suspend bitcoin service. According to news.bitcoin.com, the Japan Cryptocurrency Business Association (JCBA) has officially announced its plan on dealing with Bitcoin protocol split on August 1, when the Bitcoin Users Activated Soft Fork (UASF) is scheduled to be activate. Thirteen of the group’s bitcoin exchange members, including Coincheck, Gmo-Z, Bitbank, and Bitpoint are going to suspend bitcoin deposits and withdrawals on August 1 and to resume it on August 4.

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