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Top Five Blockchain News Stories of the Day in Five Sentences or Less. No BS. No Bias. (10/10/2018)

1) Andreessen Horowitz, Binance Labs back privacy-focused blockchain incubator Oasis Labs
Blockchain incubator startup Oasis Labs, which raised $45 million through a private sale in July, announced at the San Francisco Blockchain Week that they have partnered up with Andreessen Horowitz (a16z), Binance Labs, Accel, Pantera Capital, and Polychain Capital to launch the Oasis Startup Hub.
2) Mastercard has been awarded a patent for a blockchain partition system
In a document dated October 9, Mastercard has been awarded a patent for a “Method and system for partitioned blockchains and enhanced privacy for permissioned blockchains.” The patent filing describes one blockchain that can store records from several other blockchains. “The use of a partitioned blockchain may enable a single blockchain to store transaction records for a plurality of different blockchains, reducing the deployment necessary for implementing the plurality of blockchains to the single, partitioned blockchain,”the filing states.
3) Roger Ver plans to build his own cryptocurrency exchange
Early Bitcoin adopter Roger Ver stated in an interview with Bloomberg that his news website and Bitcoin Cash wallet is planning to build their own cryptocurrency exchange. “If we build it ourselves, we can do it really, really cheap, and we get exactly what we want.”
4) World’s first blockchain phonecall demonstrated by Pundi X
“This morning during day 2 of the XBlockchain Summit at the Inaya Putri Bali, we had a public demonstration and made the world’s first blockchain phone call on our latest device: the XPhone,” they wrote in a Medium post. Pundi X says their Android-compatible phone does not require a centralized mobile carrier, and each unit functions as a node on the blockchain: “each will have its own address and private key, uniquely linked to their node names, not unlike traditional URL and IP addresses.”
5) Ethereum-based adult entertainment SpankChain got hacked
“We Got Spanked,” the company wrote in a Medium post yesterday. According to the post, an attacker stole 165.38 ETH at 6pm PST last Saturday from their payment channel smart contract, which also froze $4,000 worth of their gas token BOOTY. The hack went on until 7pm PST on Sunday. Around $9,300 of the stolen funds belonged to users, and the company has taken their Spank.Live platform offline. The company has promised to prioritize reimbursements to the affected users through an airdrop.
Around the Block is a community-driven, condensed daily newsletter that breaks down the top five new stories of the day in five sentences or less. No BS. No Bias. Just a daily dose of crypto sent directly to your phone.
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