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Today in Crypto – Friday, 1st November, 2019

Here are the 5 biggest news stories in crypto today:

  1. Bitcoin transaction fees surpass $1B on 11th anniversary According to data analysis by Coin Metrics, 200K BTC transaction fees have been paid, equalling a cumulative total of $1B. This comes on the 11th anniversary of the publication of Satoshi’s whitepaper.
  2. New forensic blockchain partnership retrieves stolen crypto ReclaimCrypto — a new initiative between worldwide investigations firm, Kroll, and  global regtech company, Coinfirm — is working to help crypto hack victims retrieve stolen funds. Leveraging blockchain tech for forensic investigations, the project aims to be the one-stop-shop for crypto claims and legal repercussions.
  3. Zilliqa and Oxford Uni offer diversity grant for women’s blockchain projects Singapore-based blockchain platform, Zillinqa, are hosting blockchain workshops in conjunction with Oxford University to promote diversity. Teaming with the Oxford Women in Computer Science Society, Zilliqa will host interactive workshops, followed by a Demo Day on Nov 21. Participants may submit projects to Zilliqa’s $5 million Ecosystem Grant program, rewarding winners with funding and mentorship.
  4. Daedalus wallet update goes live ahead of schedule  Cardano updates Daedalus wallet just days before launching the Shelley incentivized TestNet. Tightening up the interface and integrating a newsfeed, the wallet update now gives users 4 different kinds of news at once.
  5. Banks fear total currency digitization will boost efficiency too much A report published by Ledger Insights, and sponsored by IBM and OMFIF, has shown that banks are slow to digitize all currency due to fear. Analyzing responses from central banks across the globe, top concerns were that currency digitization would increase bank processing speed and boost efficiency.