Each Sunday, we breakdown the most important news from the past week for SludgeFeed Premium members with key takeaways you might’ve missed.

Here’s the Week in Review:

Binance’s BitTorrent (BTT) Token Sale Finishes in Under 15 Minutes

The much-anticipated BitTorrent (BTT) token sale on the Binance Launchpad, which allowed purchases using Binance Coin (BNB) and TRON (TRX), concluded in under 15 minutes on Monday.

According to the announcement, 1 BTT was priced at 0.00001824 BNB or 0.00447261 TRX, meaning that 1 BNB could buy 54,824.56 BTT, while 1 TRX could buy 223.58 BTT.

BTT’s trading volume surged the first day it was available for trading on Binance.

Charlie Lee Is ‘Focused’ on Making Litecoin (LTC) a Privacy Coin in 2019

The excitement surrounding privacy coins has grown in recent weeks following the sequential launches of two of the first Mimblewimble coins, Beam (BEAM) and Grin (GRIN).

This interest could soon hit new levels after a tweet this week by Litecoin (LTC) founder Charlie Lee revealed the altcoin is now focused on adopting Confidential Transactions for enhanced fungibility.

Lee recently clarified further, stating, “Litecoin dev team spent hours discussing how to add Confidential Transactions. The way to do a soft fork CT is very similar to doing extension blocks and extension blk may be simpler and can do a lot more. We are now also exploring doing bulletproof MimbleWimble w/ extension blocks.”

🚀  Cryptocurrency Market Gives up August Gains in Under a Day
Fidelity Plans to Launch Its Crypto Custody Service in March, Starting With Bitcoin

Financial services giant Fidelity Investments, which manages more than $2.6 trillion in client assets, is reportedly targeting a March launch date for its Bitcoin (BTC) custody service.

According to a report published on Tuesday by Bloomberg, which cites several individuals familiar with the matter, Bitcoin custody will be the first of many crypto products made available for large investors like hedge funds. The insiders indicated that Ethereum (ETH) custody is expected to be next.

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