Oyster to Release Mainnet in April 2018

Oyster will release the Mainnet in April 2018 including refinement of the software, the addition of the Distributed Reputation System and more
28 March 2018   752

Oyster is a protocol for storing data on the IOTA Tangle, which lays the foundations for the next decentralized web. Oyster distinguishes itself from other projects by having a fully specified protocol definition in the whitepaper, and engages development within the ethics of decentralization.

According to the roadmap of Oyster, it will release the Mainnet in April 2018, including refinement of the software, the addition of the Distributed Reputation System, aiming to make Oyster fully functioning and available for use with the integration of the Oyster Contract.

It is worth noting that in February 2018 Oyster has already released the Testnet with Protocol logic concerning Web Node operation in Alpha status. In the future, Oyster plans to let the users write and execute Decentralized JavaScript applications on the Oyster Network.

At the moment of press, these are main market parameters of Oyster:

Average price: $1,05
Marketcap: $75 160 951
24h volume: $745 534

Coinbase to Issue New Statement

As reported, company says it was wrong about SEC approval of acquisitions
18 July 2018   9

Vice President of Communications of Coinbase Rachel Horwitz denied the information that the company received approval from the Securities and Exchange Commission of the United States for a deal to buy brokerage companies. This is reported by Bloomberg.

It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process. The SEC’s approval is not required for the change of control application. Coinbase has discussed aspects of its proposed operations, including the acquisition of the Keystone Entity, on an informal basis with several members of SEC staff.

Rachel Horwitz

Vice President of Communications, Coinbase

On Monday, a spokesman for Coinbase said that the company received permission from the SEC and the Agency for Regulation of Financial Institutions (FINRA) to purchase Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.

However, despite the refutation from Rachel Horwitz, Coinbase still intends to obtain a license to carry out brokerage activities.