Layer1Live - Is BTC still a SoV?, CZ Steemit Slip-Up, India Lifts Ban, PlusToken Dumping

This week the Layer1 crew discusses the red traditional and crypto markets, whether the BTC narrative as digital gold SoV has taken a hit, CZ's misstep in pairing with Justin Sun, India lifting it's ban on crypto, and PlusToken possibly driving this BTC dump.

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1:40 Team Updates

3:32 Breaking News
PlusToken Dump
https://www.coindesk.com/bitcoins-sharp-price-drop-may-have-been-prompted-by-100m-scam-selloff

11:10 Quick News
Search term "Bitcoin coronavirus" overtakes "Bitcoin halving" on google trends
https://cointelegraph.com/news/bitcoin-coronavirus-search-traffic-overtakes-bitcoin-halving

Business is booming on the darknet - Empire market has survived DDOS attacks and now claims 1mm users and 2 years of life
https://news.bitcoin.com/darknet-markets-flourish/

Tezos launches Carthage - their third update to the protocol
https://cryptopotato.com/tezos-successfully-activated-carthage-its-third-protocol-update-xtz-price-surpasses-3/

BitMEX 'not authorized' to operate in UK, says it is working to assess the situation
https://www.theblockcrypto.com/post/57838/bitmex-not-authorized-to-operate-in-uk-says-it-is-working-to-assess-the-situation

Cryptocurrency now fully legal in South Korea after key amendment was passed on the 5th of the month
https://thenews.asia/amendment-to-special-reporting-act-passes-cryptocurrency-trading-now-legal-in-south-korea/?utm_source=Brave+New+Coin+Newsletters&utm_campaign=353116944b-BNCDAILY_2020_3_5&utm_medium=email&utm_term=0_d7fa8797a2-353116944b-245435157

Bitcoin Cash 'miner tax' is losing steam is they haven't been able to get 66% or more hashpower approval from relevant miners
https://cryptobriefing.com/bitcoin-cash-avoid-chain-split-mining-tax-dies/

Horizon Blockchain Games raises $5 million for its Ethereum-based trading card game
https://www.theblockcrypto.com/linked/58061/horizon-blockchain-games-raises-5-million-for-its-ethereum-based-trading-card-game

19:45 Discussion
Supreme Court of India sides with Indian crypto businesses against the Reserve Bank of India; curbs on crypto revoked
https://www.bloomberg.com/news/articles/2020-03-04/india-s-top-court-strikes-down-curbs-on-cryptocurrency-trade?utm_source=Brave+New+Coin+Newsletters&utm_campaign=72936a94bb-BNCDAILY_2020_3_4&utm_medium=email&utm_term=0_d7fa8797a2-72936a94bb-245435157

Update to Justin Sun vs. Steem drama: CZ is out of the Justin Sun camp; reportedly not happy with the lack of transparency from Justin
https://cointelegraph.com/news/binance-ceo-admonishes-justin-sun-over-steem-fiasco-transparency-works

Bitgo gets in to the lending game with $150mm loaned already - are crypto-brokers the next hyper growth companies in the space?

Less than 10k BTC blocks left until the halving - at this rate, will it be a bullish or bearish event for Bitcoin's price in 2020?
https://bitcoinist.com/bitcoin-halving-less-than-10000-blocks/

PlusToken Sell-Off
https://www.coindesk.com/bitcoins-sharp-price-drop-may-have-been-prompted-by-100m-scam-selloff

54:00 Bitcoin
Excess power at a NYC power plant is being used to mine Bitcoin
https://www.coindesk.com/a-new-york-power-plant-is-mining-50k-worth-of-bitcoin-a-day

58:17 Litecoin
Mimblewimble testnet estimated to launch shortly before September via Litecoin Improvement Proposal
https://cointelegraph.com/news/developer-predicts-litecoin-mimblewimble-testnet-launch-by-september

1:00:00 Ethereum
ETH decentralized exchanges have hit an all time high of 372mm in Feb
https://finance.yahoo.com/news/ethereum-based-decentralized-exchanges-reach-132449745.html

New "Baseline Protocol" development between Microsoft, EY, Consensys and more should allow enterprises to use the ETH public blockchain
https://www.theblockcrypto.com/post/57672/consensys-and-ey-announces-new-enterprise-targeted-protocol-in-collaboration-with-microsoft

ETH ProgPow is getting closer to death, or at least compromise after the dev call on the 6th
https://cointelegraph.com/news/progpow-is-dead-long-live-progpow-ethereum-developer-call-summary

Morningstar Rates First Ethereum Security In $40 Million Fatburger Deal
https://www.forbes.com/sites/michaeldelcastillo/2020/03/08/morningstar-rates-first-ethereum-debt-security-in-40-million-fatburger-deal/

Update on Spencer Dinwiddie Tokenized Contract
https://decrypt.co/21198/nba-spencer-dinwiddie-changes-broker-dealer-ahead-token-offering

1:15:00 EOS
EOSNation launches proxy
https://eosnation.io/the-international-rewards-proxy-faq/

1:23:25 Binance
Rough week for CZ after trading was paused on Binance yet again (Mar 4th), with OKEx hilariously offering help via Twitter
https://bitcoinist.com/okex-ceo-offers-to-help-binance/