PLUS: The World Bank ð¤ blockchain tech October 25, 2023 | [Read Online]( Todayâs edition is brought to you by [Horizen EON]( - an EMV-compatible smart contracting platform that allows developers to efficiently build and deploy dApps on the Horizen ecosystem. [Join the Horizen ecosystem today!]( GM. This is Milk Road, the SportsCenter of crypto - we only bring you the best highlights. Hereâs what we got today: - Meet the crypto companies outperforming Bitcoin ð¤ - BlockFi emerges from bankruptcy 𪦠- The World Bank ð¤ blockchain tech - Cryptoâs new $300M fund ðª
[Prices as of 10 AM ET. Click here for our Fear & Greed Index]( MEET THE CRYPTO COMPANIES OUTPERFORMING BITCOIN⦠ð¤ Bitcoin is a lot like the quarterback of a football team⦠Itâs the good-locking jock that always gets the mediaâs attention and makes the cheerleaders (or crypto nerds) all giggly when they walk by. But even though [Bitcoin]( is up 106% this year, it actually hasnât been the best player on the crypto team this year⦠And today, weâre gonna give credit where credit is due. Here are some other crypto players who are having MVP-type seasons this year⦠[Coinbase](: +144% YTD [Microstrategy](: +193% YTD Grayscaleâs Bitcoin Trust (GBTC): +220% YTD And then thereâs the [Bitcoin miners](⦠- The [average return]( of the top 11 public mining companies is +150%. - All but 2 public mining companies have outperformed Bitcoin this year. Bitcoin might still be the quarterback, but it looks like Bryce Young - a little short. [EMPOWERING DEVELOPERS WITH EVM-COMPATIBILITY]( Everyone knows bear markets are for building. And without projects innovating, users have nothing to be excited about. Well, [one blockchain]( has been continuously improving since 2017, and they just dropped a major upgrade. [Horizen EON is now officially live on mainnet and aims to]( bring EVM-compatibility to one of the fastest growing blockchains. Hereâs everything you need to know: - Horizen launched in 2017 with a focus on zk-powered blockchain dapps and protocols, surviving two bear markets since - The team consists of research and cryptography veterans with a track record of successful development, such as their cross-chain communication protocol, [Zendoo]( - [Horizen EON]( now allows developers to efficiently build and deploy dApps on Horizen, while benefiting from all of the positives of Ethereumâs ecosystem And with a potential token on the horizon, there is a lot to be excited about. [Explore the possibilities of Horizen EON!]( BLOCKFI EMERGES FROM BANKRUPTCY 𪦠BlockFi [filed for bankruptcy]( on November 28, 2022. The crypto lender collapsed after Luna, Celsius, Three Arrows Capital, and FTX all went belly-up. You know what they say, bad things happen in threes⦠(Unless youâre in crypto, they happen in fives.) Well, after 331 long days & nightsâ¦BlockFi has[emerged]( from bankruptcy! [Source: Tenor]( Hereâs what that means: - BlockFi can start repaying its creditors. - Almost all [wallet customers]( can log into their BlockFi accounts to withdraw funds now. (Wallet customers have until Dec. 31, 2023, to submit a withdrawal request) - Customers with BlockFi Interest Accounts (BIA) and retail loans will start receiving repayments in early 2024. - The crypto lender will attempt to recover assets owed by FTX, Three Arrows Capital, and [other bankrupt companies](, in order to repay creditors faster. Finally, some good news! Cheers to that. THE WORLD BANK ð¤Â BLOCKCHAIN TECH The list of companies using the blockchain to tokenize assets is growing every day⦠The latest addition: The World Bank. - Yesterday, the World Bank [issued]( a $106M digital bond. - It was issued using the Corda blockchain. - The digital bond is available to trade on the Luxembourg Stock Exchange. - Citi Bank, TD Securities (an investment bank), and Euroclear (a European company that settles securities trades) were all involved in the process. Why this matters: The biggest financial firms in the world have been experimenting with blockchain technology and tokenized assets over the last few months⦠JP Morgan. BlackRock. Barclays. You name it. Well, it doesnât get much bigger than the World Bank using it. BITE-SIZED COOKIES ðª [Constellation Network is allowing developers to build application-specific blockchains with unlimited scalability.]( Accompanied by a focus on interoperability, a vibrant community, and NO gas fees.* [Nym Technologies launches its new Innovation Fund program.]( Itâs a $300M fund that will provide financial support for Web3 creators, developers, communities, and privacy proponents across all stages of project development. [Grayscale is teaming up with FTSE Russell to launch a new crypto indexes business](. There will be ââfive indexes that track the performance of different crypto sectors, including currencies, smart contract platforms, financials, consumer and culture, and utilities and services. [dYdX released the open-source code for its new blockchain, dYdX Chain.]( The new chain is a Cosmos-based protocol that is secured and governed by dYdX token holders. [Mastercard is exploring ways to collaborate with self-custody wallets](. The financial giant is in talks with popular wallets like MetaMask and Ledger. [FTX has attracted several bids for a potential company restart](. A decision could come by mid-December. (fingers crossed) *This is sponsored content MILKY MEMES 𤣠HIT THE INBOX OF 250K+ CRYPTO INVESTORS Advertise with Milk Road to get your brand in front of the Who's Who of crypto. The Roaders are high-income crypto investors who are always looking for their next interesting product or tool. [Get in touch today](. What'd you think of today's edition? - [ð¥ð¥ð¥ð¥ð¥ F**king great](
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