Hodler's Monthly
March 2020
Review of the main news, events and stats of the past month
Educate your friends!
2019
June
July
August
September
October 19
November 19
December 19
January 20
February 20
March 20
April 20
May 20
Maker
ETH
— MakerDAO avoids shutdown as ETH price crashes
Russia
crypto
— Russia’s central bank seeks to ban crypto
Milestones & Events
1
March
Mar.
An analyst claims 98% of mining rigs fail to verify transactions
2
March
Mar.
West Virginia decides against using Voatz’s blockchain-enabled voting platform
3
March
Mar.
Crypto industry employees are working from home due to the coronavirus
4
March
Mar.
Ukrainian officials need to report crypto holdings as “intangible assets”
5
March
Mar.
BitGo launches its first institutional lending service
6
March
Mar.
Coinbase CEO Brian Armstrong explained how crypto can go truly mainstream
7
March
Mar.
“Bitcoin coronavirus” search traffic overtakes “Bitcoin halving”
8
March
Mar.
Retail demand might force the SEC to approve a Bitcoin ETF
9
March
Mar.
The Belgian government will sell $125,000 of seized BTC
10
March
Mar.
A judge has slammed Craig Wright for forgery and perjury
11
March
Mar.
Those attending an Ethereum conference in Paris are urged to test for coronavirus
12
March
Mar.
Russia cracks down on so-called “anonymous dark networks”
13
March
Mar.
The MakerDAO community conducted a debt auction to cover a ~$4 million hole
14
March
Mar.
The Robinhood community is not pleased about its service outages
15
March
Mar.
Circle’s USDC saw major growth in the wake of the market meltdown
16
March
Mar.
MakerDAO is considering supporting USDC as alternative collateral
17
March
Mar.
Bakkt reveals a direct pay integration with Starbucks
18
March
Mar.
MakerDAO approves USDC as collateral
19
March
Mar.
Canada tightens its crypto regulations
20
March
Mar.
Tether launches on the Bitcoin Cash network
21
March
Mar.
Sen. Loeffler rejects accusations of improper trading
22
March
Mar.
Celo wants to challenge Libra and hopes for less red tape
23
March
Mar.
Tim Draper wants to invest in India’s crypto renaissance
25
March
Mar.
Vitalik Buterin proposes a solution for bridging the ETH and BTC blockchains
Mt. Gox creditors meet as the reimbursement process slowly moves forward
26
March
Mar.
Alleged Telegram sex crime ringleader paraded in public in Korea
27
March
Mar.
Robinhood faces another class-action lawsuit for its platform outages
28
March
Mar.
World Health Organization launches a blockchain-enabled platform for fighting the spread of COVID-19
29
March
Mar.
Global crypto community comes out in full force against coronavirus
30
March
Mar.
Tron launches a platform that looks a lot like MakerDAO
March market stats
From Coin360
Numbers of the month
13%
— the amount by which Bitcoin difficulty was reduced this month
~$4 million
— the amount of debt MakerDAO had to cover after the ETH market crash
$2 trillion
— the size of the COVID-19 economic stimulus package
70x
— the smart contract speed increase being teased by crypto company Waves
Quotes
It will crash hard because a lot of the venture capital, corporate investments and private investment based on cheap money will dry up.
Andreas Antonopoulos
DAI is decentralized because there is no central authority that mints or custodies or approves people’s access to it.
Spokesperson
for MakerDAO
The acquisition provides us with an advanced, operating Bitcoin mining facility ready to transition to next generation mining hardware with access to some of the lowest cost electricity on the planet.
Frank Holmes
interim executive
chairman of HIVE
If there’s a time machine, I think I will go to the future and see how blockchain has impacted humankind, and how crypto is as widely accepted as fiat is today and has refined the way of transferring value
CZ
Binance CEO
Buzz of the month
The U.S. digital dollar is not dead yet
At least one senator is still urging for America’s national crypto
More
Russia’s central bank seeks to ban crypto completely
Coinbase’s chief legal officer resigned in order to oversee the U.S. national banking system
MakerDAO approves USDC as alternative collateral for generating Dai
Justin Sun’s Steemit accused of censoring Hive-related content
Adoption & Tech
Blockchain use cases in the sports industry are rising
From tokenized player contracts to crypto collectible sports cards and beyond.
Country-level
Dubai, Argentina, the Marshall Islands, and more
Dubai has its first blockchain-driven KYC platform
The Bank of England warns that crypto adoption will negatively impact the credit industry
The Marshall Islands’ digital currency will be based on Algorand
Argentina suspends its blockchain-driven company registration service
Akbank, one of Turkey’s biggest banks, has partnered with Binance
Enterprise-level
Lloyds, Walmart, Red Swan, and more
U.K. startup puts Haitan agriculture on the blockchain
Lloyds has a new insurance offering that covers crypto stored in hot wallets
Blockchain adoption can make uranium markets more transparent
Walmart joins Hyperledger alongside seven other companies
Red Swan and Polymath tokenize $2.2 billion in real estate
Major regulation updates
Updates:
Restrictive
Permissive
Drafts:
Restrictive
Permissive
Drafts or updates or both:
BOTH Restrictive and
Permissive
Official Updates:
Permissive
Singapore
Singapore issues new AML guidelines to keep crypto legal
Germany
Germany’s financial regulator broadens the definition of “digital asset”
Malta
Malta confirms its pro-crypto stance on the record
Russia
Russia’s central bank seeks to ban crypto completely
India
The lower house of India’s parliament reveals an investigation into crypto companies operating domestically there
Restrictive
Russia
Russia’s central bank seeks to ban crypto completely
India
The lower house of India’s parliament reveals an investigation into crypto companies operating domestically there
Permissive
Singapore
Singapore issues new AML guidelines to keep crypto legal
Germany
Germany’s financial regulator broadens the definition of “digital asset”
Malta
Malta confirms its pro-crypto stance on the record
Drafts and Ideas:
Restrictive
and
Permissive
U.S.A.
Hope’s not lost for the U.S. digital dollar
South Korea
South Korea passes law to introduce permit system for cryptocurrency exchanges
France
Bank of France launches a CBDC experiment
USA
A U.S. congressman introduces the “Crypto-Currency Act of 2020”
India
India’s crypto industry is threatened by pending legislation that could outlaw it
Restrictive
India
India’s crypto industry is threatened by pending legislation that could outlaw it
Permissive
U.S.A.
Hope’s not lost for the U.S. digital dollar
South Korea
South Korea passes law to introduce permit system for cryptocurrency exchanges
France
Bank of France launches a CBDC experiment
USA
A U.S. congressman introduces the “Crypto-Currency Act of 2020”
Educate your
friends
!
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