December is a comparatively slow time for events since westerners are celebrating holidays, but there are still some important happenings in the crypto space. From exchanges opening, exchanges closing and crypto charity during the most giving time of the year, here are some things to keep an eye on.
Waves crypto exchange releases – Dec. 1
Waves is a decentralized exchange that has had large success and controversial failure. During it’s beta testing, the exchange had 6 million in volume per day, which is huge in terms of a DEX. Unfotunately, on the day of release, hackers took over the exchange and website.
“Waves Exchange will provide users with the advantages of decentralized storage, such as absolute security of funds and irreversibility of transactions, while customers will still receive the best user experience they can find in the centralized exchange sector.”
CoinExchange.io shutdown – Dec. 1
Anyone who holds funds on CoinExchange.io will need to withdraw them by December 1st. CoinExchange.io is a crypto to crypto exchange that has been around since 2016. The company says they are shutting down purely for financial reasons.
“This is purely a business decision and there has not been a security breach or any other type of incident. Unfortunately it is no longer economically viable for us to continue offering market services. The costs of providing the required level of security and support now outweigh our earnings.”
#BitcoinTuesday, donate cryptocurrencies – Dec. 3
Inspired by Giving Tuesday, #BitcoinTuesday capitalizes on charitable spirit by offering an easy way for crypto hodlrs to donate to nonprofits. The Giving Block works with Gemini in order to accept coins like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Zcash. Their platform makes it easy for nonprofits to auto-sell the donated crypto in order to avoid losing parts of the donation to taxes, and deter the threat of volatility. The event will take place Tuesday, December 3rd.
“This is a big deal because nonprofits are empowered to access a whole new community of donors with strong f
inancial incentives to donate crypto” – Forbes
Ethereum’s Istanbul Mainnet Hard Fork – Dec. 7
Ethereum’s next upgrade, Istanbul will be pushed to Mainnet on December 7th. The most exciting Ethereum Improvement Proposals that made it to the final version have to do with making zk-SNARKs and zk-STARKs cheaper and more scalable. Node operators are recommended to upgrade by December 1st.
“If you are using an Ethereum client that is not updated to the latest version (listed above), your client will sync to the pre-fork blockchain once the upgrade occurs. You will be stuck on an incompatible chain following the old rules and you will be unable to send ether or operate on the post-upgrade Ethereum network”
LaBitConf 2019 – Dec. 12-13
The Latin American Bitcoin & Blockchain Conference has been ongoing this since 2013. This year, they are taking the show to Uruguay. It is one of the most anticipated crypto events that has live Spanish and English translations. As a nonprofit, they promise not to have commercial oriented speakers, but still are hosts to big names like Andreas Antonopoulos, Adam Back and Max Keiser.
“It is also the only one to invest heavily in showing the culture of the host country to its foreign visitors, offering vivid experiences that enhance human relations between them and the leaders of the region’s projects in order to open us to greater doors in the world.”
ELEV8 Blockchain & Tech Conference in Las Vegas – Dec. 8-11
ELEV8 is a relatively new conference that focuses on blockchain, AI, cryptocurrencies and digital assets. The event brings many speakers who haven’t been part of the core crypto movement, but have brought blockchain tech into huge corporations. Guests include executives from IBM, State Street, Celsius and Ticketmaster.
“Our mission is to enable that progress with industry research, distribution of the most current news and by hosting industry events that convene executives at the forefront of shaping the future of emerging technology.”