EthHub Weekly #64

Kik launches DefendCrypto, EY Launches Nightfall, JPM Launches Zether implementation, the dxDAO has awoken and much more!

Curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar)

📢 Calling All Devs

The EIP-1559 working group is in need of a senior Geth developer to prototype an experimental client and a wallet developer to make a PoC wallet to accommodate new transaction types. If that’s you (or someone you know) head here.

In Sydney? Interested in blockchain and art? Well, you’re in luck! Our friends over at Bitfwd are hosting an ‘Art Blockathon’ from the 14th-16th of June that will bring together some of Australia’s leading artists, theorists, software developers, designers and entrepreneurs for 48hrs of intensive creation.

Have a great week everyone!


News of the Week

🤔 Kik Launches DefendCrypto

Canada-based messaging app firm Kik has launched a crypto crowdfunding campaign to support a likely court battle with the U.S. Securities and Exchange Commission (SEC) over its 2017 initial coin offering (ICO).

Announced by Kik founder and CEO Ted Livingston and Patrick Gibbs, a partner at law firm Cooley LLP, on the UnChained Podcast Tuesday, the campaign is being launched in the hopes that “a lawsuit would eventually result in a new Howey test for crypto tokens, to determine which ones are a security.”

A dedicated website – dubbed Defend Crypto – has already been set up allowing supporters to contribute to the fundraising effort, that its founders say is not only in support of Kik but many crypto firms that face potential action from the U.S. regulator. The site offers donation options in 19 cryptocurrencies, including bitcoin (BTC), ether (ETH) and XRP, as well as less standard options like augur (REP), DAI and, of course, Kik’s kin (KIN) token.

⚖️ Australian Securities Watchdog Updates Guidance on ICOs and Crypto Assets

The Australian Securities and Investments Commission (ASIC) has issued updated regulatory guidance for businesses involved with ICOs and crypto assets.

Announced Thursday, the guidance details the legal obligations for cryptocurrency firms under the country’s Corporations Act, the ASIC Act and other laws.

ICOs and crypto assets in many cases are financial products or involve financial products that are regulated under the Corporations Act, according to ASIC. Therefore, if a firm is issuing a token that falls within the definition of a financial product (such as an interest in a managed investment scheme or a security), laws will apply, including the requirement to hold an Australian financial services (AFS) license.

Laws also cover those giving advice, dealing, or providing other intermediary services for crypto-based financial products.

🗺️ World Economic Forum Launches Global Councils

World Economic Forum has announced the creation of six global councils whose aim is to help with new technology governance. The six Global Fourth Industrial Revolution Councils will cover artificial intelligence, autonomous mobility, blockchain, drones, internet of things and precision medicine.

The councils will help with developing policies to govern new technologies as well as address “governance gaps” or total absence of regulations. They will provide a platform for exchanging policy and regulatory experience cross-country. They will also work on what best policy practices should involve. The councils will also co-operate with the Centre for the Fourth Industrial Revolution Network, providing it with “strategic guidance” when it comes to the governance projects and planned pilots.

Project Updates

EY’s Nightfall Code Now Live

Nightfall integrates a set of smart contracts and microservices, and the ZoKrates zk-snark toolkit, to enable standard ERC-20 and ERC-721 tokens to be transacted on the Ethereum blockchain with complete privacy.

The Nightfall software is now public domain and available on Github.

Introducing Aragon Fundraising

Aragon Fundraising, previously called Apiary, is an app built on top of Aragon, providing Aragon users an easy way to raise funds through an emergent organization. It will be available on the Ethereum mainnet this (northern) summer.

The dxDAO Has Awoken

The dxDAO is a next generation decentralized autonomous organization for community governance of software protocols. There is a month long initialization period for anyone to earn voting power at

JP Morgan Releases Zether Implementation

JPMorgan has built an extension to the Zether protocol, a fully decentralized, cryptographic protocol for confidential payments, compatible with Ethereum and other smart contract platforms and designed to add a further layer of anonymity to transactions.

New Foam Website Live

FOAM's website has a new look and tools for both novice and seasoned users and cartographers!

FOAM also released a getting started video guide for their map.

Introducing Sablier: Continuous Payments on Ethereum

Sablier is an Ethereum dApp that you can start using today to pay your employees continuously. You make a one-off deposit and then the contract starts “allocating” the funds to the employee at a rate you set in advance.

0x Launch Kit Reloaded

The 0x team released an update for the 0x Launch Kit this week. They have designed a pair of off-the-shelf React UIs for both orderbook relayers and NFT marketplaces so that anyone can easily create their own decentralized exchange.

Gods Unchained Update

A huge update from the Gods Unchained team this week with the release of a new client and user interface, an introduction to the games progression system and updates to various cards.

Authereum: Improving Authentication on Ethereum

Authereum explains how smart contract-based accounts offer large improvements over todays standard Ethereum wallets through the use of meta transactions, ENS, novel account recovery mechanisms and much more.

Chainlink Live on Mainnet

Chainlink, the decentralized oracle platform, went live on the Ethereum mainnet this week with many launch partners including Amberdata, Openlaw, IC3 and Ocean Protocol.

Connext Update #9

The Connext team recaps their time at NY’s blockchain week and outlines what they’ll be working on over the next few months.

WBTC Community Update #1

The WBTC team shares an update on adoption of the service, the roadmap for the future and how anyone interested in participating can do so.

LoanScan Redesign

Popular DeFi tracking tool LoanScan has undergone a complete redesign and now includes more detailed information about various DeFi apps.

Etherscan Dapp Page Launched

Etherscan Dapp page provides a front-end interface with a custom URL (using the Ethereum name service) for any smart contract on Ethereum.

Community Member Spotlight

This week we’re highlighting the work of community member Ivan Martinez.

Ivan is a recently hired software engineer at Prysmatic Labs and the founder of the CryptoDevs Discord community (use this link to join).

Keep up the great work Ivan!

On-Chain Activity

Interesting Tweets

Ecosystem Bits

Blog Posts




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