Overseas Weekly | NuCypher is about to launch the incentive test network; Dharma announced that it will support Dai on January 16 (1.6—1.12)
Produced by Odaily
Author | Wang Ye
Editor | Hao Fangzhou

Star Project Progress
Author | Wang Ye
Editor | Hao Fangzhou
secondary title
Privacy infrastructure project NuCypher is about to launch an incentivized testnet
Privacy infrastructure project NuCypher is about to launch an incentivized testnet
In October last year, NuCypher announced the launch of its public testnet, including the Staking network stress test. Staking operators participating in the test included Figment Networks, Staked, Bison Trails, Polychain Labs, Hashquark, etc. According to previous official news, the NuCypher mainnet is expected to be launched in the first quarter of 2020.
Zcash community to discuss fee payments after first halving on Jan. 21
On January 10, the Zcash Foundation officially announced that Zcash currently plans to implement its first Zcash halving plan in October 2020, and the Founders' Reward will be terminated. The community will start a formal discussion on January 21 on how to pay for the development of the protocol and ecosystem in the future.
Dharma officially announced that it will support Dai on January 16
On January 10, Dharma officially announced that on January 16, Dharma will add support for Dai and transfer all Sai deposits to Dai. The migration will occur between 11am and 1pm PST, during which time deposits and withdrawals will be temporarily suspended. After the migration is complete, Dharma will no longer support Sai access.
Monero Research Labs Proposes Triptych, a New Mechanism to Improve Coin Privacy
On Jan. 6, Monero Research Labs (MRL) proposed Triptych in a paper published that proposes trustless logarithmic-sized ring signatures. As the core anonymity mechanism of Monero, research aimed at reducing the size of the coin can significantly improve the privacy of the coin. Monero (XMR) is a privacy coin that uses several different mechanisms to obscure parts of transactions. This is done by aggregating the sender's real token with a set of decoys. The main innovation of Triptych is to make the byte size of the ring signature scale logarithmically with the number of decoys instead of linearly. This would allow a significant increase in ring size without major performance issues.
Algorand Launches Sandbox Function to Simplify Node Configuration and Maintenance Process
Algorand launched the sandbox function (Sandbox), allowing users to run nodes on Algorand very quickly and easily. Sandbox simplifies the process of node configuration and maintenance, allowing users to quickly launch a common node in the three Algorand networks and manage it through a sandbox environment. It should be noted that Sandbox is for learning, not for production.
Decentralized prediction market Augur v2 release postponed again
Augur, the Ethereum decentralized prediction market, tweeted that the deadline for Augur v1 has been postponed to 8:00 on February 8, 2020, Beijing time. Augur said that Augur v2 has not yet determined the final launch date, but will release the launch plan in the near future.
Aragon announced that the Aragon Association will buy back 3,798,223 ANT tokens, or approximately CHF 1,727,634. According to the Aragon Association, these ANT tokens will be used to incentivize core contributors and the Aragon team in the long-term, and regularly publish transparency reports detailing the purpose and whereabouts of all these tokens.
EOS Latest Developments
Please refer toPlease refer to
The latest developments in ETH
Please refer toOdailyETH Weekly Report
Recent progress of BTC
Please refer toOdailyBTC Weekly Report
Investment and financing overview
Recent progress of BTC
Please refer to
Investment and financing overview
LedgerX Appoints New CEO and Announces $4 Million Funding
LedgerX announced on Jan. 10 that co-founder and former CTO Zach Dexter has been appointed as the company’s new CEO. In addition, LedgerX also announced the completion of a $4 million financing round led by Huiyin Blockchain and Miami International Holding (MIAX).
Thai Blockchain Startup Lightnet Completes $31.2 Million Series A Funding
Lightnet, a Thai blockchain startup based on Stellar, has completed a US$31.2 million Series A round of financing and will be committed to promoting the development of cross-border payments in Southeast Asian countries. This round of financing was jointly led by Singapore's United Overseas Bank, Seven Bank, Uni-President Asset Holdings and South Korea's Hanwha Investment Securities. The proceeds will be used to strengthen Lightnet's investment in Stellar Network's underlying blockchain technology and build a next-generation financial mobile network.
Encrypted Quantitative Trading Platform Provider AlgoTrader AG Completes $3.8 Million Series A Funding
Blockchain-based data firm Measure Protocol secures £2 million investment
On Jan. 8, blockchain startup Securrency announced it had completed its Series A funding round after raising $17.65 million. The round was led by WisdomTree Investments, with venture capital participation from Panthera, RRE and Strawberry Creek among others. Through strategic investment, WisdomTree plans to integrate blockchain technology into the ETF ecosystem.
Blockchain-based data company Measure Protocol has raised £2 million in a round led by Dynata and Blockchain Valley Ventures (BVV). The company will use the investment to expand users, further develop its core technology and expand its team.
Blockchain Startup Securrency Raises $17.65M Led by WisdomTree Investments
On Jan. 8, blockchain startup Securrency announced it had completed its Series A funding round after raising $17.65 million. The round was led by WisdomTree Investments, with venture capital participation from Panthera, RRE and Strawberry Creek among others. Through strategic investment, WisdomTree plans to integrate blockchain technology into the ETF ecosystem.
German digital asset bank Finoa completes multi-million dollar seed round financing
Crypto fund NGC raises $20 million for its $25 million fund
Winklevoss Capital, the venture capital firm led by brothers Gemini co-founders Cameron and Tyler Winklevoss, has participated in a $5 million seed round to fund tax preparation platform TaxBit. TaxBit hopes to use the new funds to expand its software platform and customer base in its home U.S. market and internationally, including Canada, the U.K. and Australia.