To view this email as a web page, go here.

LUMENS ALIGHT: The Stellar Development Foundation has burned 55 billion XLM tokens, more than half the total supply. “We didn’t start by wanting to burn. We started by asking, ‘What do we need?'” CEO Denelle Dixon said at an event Monday. “As much as we wanted to use the lumens that we held, it was very hard to get them into the market.” XLM’s price jumped 18 percent in the last 24 hours. Full story

RICH LIST: The number of addresses holding more than 1,000 BTC has grown 30 percent in the past 12 months, possibly reflecting an influx of high-net-worth investors, according to Coin Metrics data. Full story

CASE TO ANSWER? Ripple’s argument that an XRP holder waited too long to file suit again has no precedent, according to a new legal filing. Bradley Sostack, plaintiff in a putative class-action lawsuit, claimed that Ripple’s three-year limit on when victims can claim alleged wrongdoing does not immunize it from securities laws, due to on-going sales of XRP. As such, the court should deny Ripple’s motion to dismiss, he argued. Full story

DEX COMPLIANCE: Binance Chain transactions are now traceable for compliance purposes. Binance said Tuesday it would utilize CipherTrace’s intelligence tools, bringing anti-money laundering analysis and support to its in-house blockchain, which is both the foundation for the Binance DEX (decentralized exchange) and the exchange’s BNB token. Full story

BOTTLE CHAIN: The IT firm behind Coca-Cola’s bottle supply chain will add 68 new members to its blockchain pilot. Coke One North America says its partnership with software provider SAP is now set to expand from two to 70 manufacturers, which deliver 160,000 bottles of Coke to stores daily. Full story

SPONSOR SECTION

Building on the strong growth of CME Bitcoin futures (BTC) and demand for ways to manage bitcoin exposure, CME Group will launch options on BTC in Q1 2020 (pending regulatory approval). The contract will track the CME CF Bitcoin Reference Rate and settle into BTC, which averages nearly 7K contracts a day.

--> Explore BTC options

STUBBORN RESISTANCE: A four-month falling trendline proved a tough nut to crack during the Asian trading hours on Tuesday, as bitcoin rose from $9,200 to $9,500 to fall again. That’s the fifth time in 11 days the hurdle has capped gains. A rise back to $9,500 cannot be ruled out, as the pullback lacked volume support. Full story

MOBILE IMMUTABILITY: In another move towards blockchain adoption in the automotive industry , startup Block2 unveiled a vehicle service marketplace, reports Ledger Insights. Built on Ernst & Young’s OpsChain Tesseract blockchain, the 2Mota platform lets businesses bid for car maintenance and repair jobs. The service also acts as a place for contractors to hire and vet workers as well as to rent out unused workshops.

WHO WON #CRYPTOTWITTER

Copyright © 2019 CoinDesk, All rights reserved.

Our mailing address is:
250 Park Avenue South New York, NY, 10003, US

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list