DEX

Coinsquare Acquires StellarX

Canada’s biggest crypto exchange Coinsquare has acquired StellarX. The acquisition from Interstellar by Coinsquare was driven by a need for “a home with regulatory experience”. Coinsquare has quickly become a Stellar powerhouse, having already acquired Stellar wallet BlockEQ. On the roadmap: a StellarX mobile app, new fiat tethers, and securities tokens.

CBDC

IBM’s Lund on Pompliano’s Podcast

Jesse Lund of IBM talks CBDCs with Pompliano and predicts that a retail CBDC will be issued in the next 1-2 years by a central bank that is not one of the big 5, but pegs its currency to one of the big 5 currencies.

Misc

Celsius Adds Lumens

Celsius has added lumens, allowing you to earn 3% interest on lumen deposits.

Community

0rora - Stellar Payment Manager

Jem Mawson of the Stellar Scala SDK has released 0rora - a Stellar payment manager. It’s a “self-hosted solution for easily making, scheduling, editing and responding to Stellar payments.”

CAP

Fine-Grained Control of Authorization

In CAP-0018 (an alternative to CAP-0016’s cosigned assets), Jonathan Jove suggests a new approach to giving asset issuers more control over their assets. This CAP would add a new flag to trustlines that “offers a level of authorization intermediate between unauthorized and fully authorized.” This new flag would allow an issuer to maintain control over who can send and receive payments using their asset while at the same time allow asset holders to maintain offers.

Anchors

Stronghold USD Live for Retail Customers

Stronghold has opened up their anchored USD stablecoin to retail customers and released an updated DEX UI. On their DEX UI, they will differentiate themselves by only listing certain assets that meet specific criteria.

Wallets

SatoshiPay Pilot with Axel Springer

Europe’s largest digital publishing house Axel Springer (Business Insider, Bild, Die Welt and Upday) is piloting the SatoshiPay wallet to power Stellar-based micropayments for content.

SDF

SDF Update

McCaleb pens an update about SDF lumen sales, inflation, Starlight, and SDF's general plans.

SEP

Web Authentication Using Stellar

Sergey Nebolsin and Viktor Sokolov of Evil Martians describe how to implement web authentication with Stellar, JavaScript, and Node.js based on SEP-0010.

Education

Stellar Overview Course is Live

Announcing the full Stellar Overview Course! Understand Stellar in 30 minutes by watching our free, six-part, animated video course.

Wallets

Stellarport Adds Trezor Support

Stellarport now supports Trezor hardware devices, allowing you to send payments and trade on the Stellar DEX with your Trezor. Stellarport plans to open source their Trezor integration work so other developers can add Trezor support.

CAP

Cosigned Assets

Because Stellar is intended to be securities-friendly, some asset issuers need additional levels of control over their assets beyond authorizing asset holders. Some issuers are spinning up solutions that require them to be co-signers on asset holders’ accounts (see SEP-0008), preventing holders from maintaining full custody of other, unregulated assets. “Cosigned Assets” is a draft CAP by David Mazières that attempts to address this issue by requiring cosigning of transactions that involve a “cosigner authorized” asset without requiring the asset issuer to also be a cosigner on the holder’s account.

Anchors

Why tokenize vouchers and gift cards on Stellar?

Rehive - a provider of fintech solutions built on Stellar - describes the benefits of tokenizing vouchers and gift cards on Stellar, including:

  • one simple, universal SDK for suppliers to integrate with instead of several custom account systems
  • no need for a massive operating float or unnecessary exposure to foreign currency volatility

Securities

Regulatory-Compliant Wallet for Security Tokens

Smartlands announced an upcoming wallet that will allow for holding and trading securities on Stellar in a compliant way.

Custody

0.02% of Circulating Lumens In Grayscale Trust

According Diar, “0.02% of circulating Stellar Lumens have ended up in a trust launched by institutional-geared cryptocurrency firm Grayscale.”

Wallets

Keybase’s Stellar Integration Goes Live

Keybase has expanded from cryptocommunication into cryptocurrency by incorporating Stellar into their suite of apps (no official announcement yet). They now provide:

  1. Identity - verify someone’s Stellar public key via public statements made by that person
  2. Multi-device key management - manage your Stellar private key across many devices
  3. UIs - cross-platform app for Stellar payments (a “Venmo” on Stellar)

Download the updated apps and try it out. Keybase supports federation, so your Stellar address can be represented by your Keybase username*keybase.io.

Custody

Grayscale Adds Lumens

Grayscale (subsidiary of Digital Currency Group) has added a trust that allows investors to gain exposure to lumens.

Wallets

SatoshiPay Launches Solar Wallet

SatoshiPay released Solar Wallet - a desktop wallet with asset management and multi-sig support.

Infrastructure

Help Improve Horizon - Survey

SDF is creating technical roadmaps for all of their projects this year, and they are looking looking for feedback on Horizon. If you've used Horizon extensively in the past, please fill out this survey.

Network

9.76% of Accounts Performed 10+ Transactions in the Past Month

LongHash - a blockchain data analysis firm - studied accounts on the Stellar network to identify the best recipient accounts for a theoretical airdrop. Their analysis indicates that 87% of accounts on the network have less than 10 lumens, and 9.76% of accounts performed 10 or more transactions in the past month. While the research is interesting, airdropping projects cannot target accounts in this way due to the need for trustlines and the related increase in the minimum account balance.

DEX

Kelp v1.3.0 released

New Kelp - an open-source trading bot for the Stellar DEX - updates:

  • mirror strategy supports offsetting trades on the backing exchange to reduce asset risk
  • balanced strategy reduces noise from unnecessary re-randomization of offers
  • support for randomized time intervals to avoid exploitation of kelp bot

Nodes

SatoshiPay Launches Full Validators

SatoshiPay - a micropayments provider - has been operating basic validators for over a year and recently launched a cluster of three full validators in Iowa, Frankfurt, and Singapore. A basic validator participates in consensus but does not store the full history of the network, while a full validator both participates in consensus and stores the full network history. A full validator helps other nodes join the network and improves the resiliency of the network. According to SatoshiPay, they join three full validators from SDF, two from Coinqvest, and two from Lobstr.

CBDC

70% of Surveyed Central Banks Engaged in CBDC Work

According to a survey of central banks by the Bank for International Settlements, a majority of central banks are researching CBDCs (central bank digital currencies), but "only a few intend to issue a CBDC in the short to medium term." The report focuses in on two countries where the circulating cash supply has decreased - Sweden and Uruguay - and their respective general purpose CBDCs - the e-Krona and the e-Peso.

Note: These are not on the Stellar network.

DEX

Deconstructing Decentralized Exchanges

Lindsay X. Lin, Legal Counsel at Interstellar and the Stellar Development Foundation, lays out the the technical differences between different decentralized exchanges (0x, Stellar DEX, IDEX, EtherDelta, Bancor, Airswap, etc.) in an explanatory overview of decentralized exchange architecture for the Stanford Journal of Blockchain Law & Policy.

Wallets

SDF Wallet Guidelines Adherence

After SDF announced wallet guidelines, Soneso - the creators of the iOS and macOS Stellar SDK - analyzed the guidelines adherence of the 17 wallets listed on Stellar.org. According to their study, no listed wallets follow guideline #13: “Wallet must verify and present information to the user based on the issuing account's TOML file (SEP-0001).”

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