Blockchains and Bagels Daily Market Roundup – 08.20.2018

CoinsquareAugust 20, 2018

Virtual Commodity Association, Nvidia, UPS

Blockchains and Bagels: the morning market update to get you ready for the day ahead. Today, Gemini founders move forward the Virtual Commodity Association with the addition of three exchange partners. Nvidia expected to announce GPU refresh.

The Virtual Commodity Association extends its list of members

The working group formed by the Winklevoss’ twins has announced the addition of Bitstamp, Bitflyer USA and Bittrex in its efforts to create an SRO. The Virtual Commodity Association(VCA) will have its first meeting in the coming weeks with discussions to establish membership guidelines and best practices.

Nvidia expected to announce next-generation GPU’s at Gamescon

Nvidia CEO Jensen Huang will present a keynote at Gamescon today, with the market expecting the announcement of its latest generation of GPU’s. The company is expected to launch the RTX 2080 line of cards with an updated architecture.

UPS has filed for blockchain patent to track global shipments

The international shipping company filed for a patent for tracking packages through its network using a distributed ledger. The document hints at the possibility of using smart contracts to interface between to separate ledgers.

Cryptofacilities extends its listed derivatives with BitcoinCash futures

The UK-based trading platform has listed BitcoinCash-Dollar futures. The addition expands its derivatives offerings beyond Ripple, Ether, Litecoin, and Bitcoin. The company provides the reference rate for the CME Group’s bitcoin futures.