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Token Daily for Oct 24


TWEET OF THE DAY



"Good job David, also today you managed to put up some absurd clickbait bs articles, you should be proud of yourself! Incompetence at its best..."


- The intern behind Bitfinex's official Twitter account has officially gone rogue.

For context, the tweet is in response to David Floyd's CoinDesk article on Tether's 500m USDT stablecoin burn which also mentions 680 million USDT were transferred from an address controlled by Bitfinex.
 

 
  

IN CASE YOU MISSED IT



🇮🇳 Indian Police Seize ATM Run By Crypto Exchange Unocoin In order to survive the national ban on offering financial services to crypto exchanges, Unocoin launched an ATM to allow investors to directly deposit Indian rupees to their accounts with the exchange. But police are now claiming Unocoin is not authorized to operate the type of ATM they've set up.


For more of today's top stories, head on over here.


  

READS OF THE DAY



📖 Enter the Crypto Idea Maze Jon Choi on forgetting familiar crypto narratives and instead forging a mental model that helps us refocus on what's important: novel features of the technology, core users, who is failing to serve them now and compelling solutions.

  


📖 Reimagining Trusted Intermediaries Electric Capital on how an imminent cultural shift, combined with a utilitarian technology, will affect trusted intermediaries. 

  
LAUNCHES & UPDATES 


🚀 Short ETH on Radar Relay. The relayer now offers dYdX margin tokens
 

      

THING TO KNOW


Homomorphic Encryption 

The conversion of text into an encrypted form that can be analyzed and worked on as if it were still in its original form. This allows you to perform computation on encrypted datasets without the need for decrypting them. More commonly, homomorphic encryption can be used to interface and bridge different services without exposing any sensitive data to a third party.

 

  
 



 

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