Amazon bitcoin data patent, Coinbase acquire earn.com, Harbour raise $28M.
The News
Amazon were awarded a patent for a data feed marketplace. As a result they might accept bitcoin as a payment method in order to sell bitcoin account data to governments and law enforcement. cnbc
Coinbase, America’s largest cryptocurrency trading application have purchased earn.com for $100 million. Earn.com allows people to earn cryptocurrencies by completing simple tasks. cnbc
Tax day passed in the States, with initial data indicating that a very small proportion of people reported their cryptocurrency gains. coindesk
Capital
Andreessen Horowitz have invested alongside Panterra Capital in a $28M round in Harbour, a company that legally issues tokens that represent ownership of real world assets. techcrunch
Adoption
ICICI Bank, India’s largest private sector bank, have on-boarded 250 corporates onto their trade finance blockchain platform. icici
Allianz is testing a token for internal money transfers to remove currency conversion inefficiencies. coindesk
Julian Gray, BP’s Technology Director, announced they have completed a proof of concept using internal tokens and would also consider working with companies who have conducted ICOs. smartereum
Market:
The bullish trend has continued this week, with the market up 17%. The overall market cap is now just above $380B. Ripple, the interbank payment protocol was one of the best performers, up 40%. Bitcoin is up 10% this week and is currently $8,800USD. Ethereum is up 20% and the global average is $605 USD.
