A vote to return to ICO investors the full amount of ether contained in the Digix treasury has passed, and as a result a contract is set to unstake the funds and return 0.19 ETH per DGD token.

Australia has given an app-based bitcoin fund the go-ahead, allowing an app with over 600,000 users aimed at retail investors to start allocating some of its users’ leftover change to a fund giving them exposure to the flagship cryptocurrency.

Venezuelans are reportedly selling Petro tokens airdropped by the government on the peer-to-peer bitcoin exchange LocalBitcoins, as the methods they had of using the Petros for goods and services have been disabled.

Top stories in the Crypto Roundup today:

• DigixDAO Votes to Return to Investors $64 Million ICO Treasury
• Australia Greenlights App-Based Bitcoin Fund
• Venezuelans Are Reportedly Selling Airdropped Petro Tokens on LocalBitcoins

At the time of writing, bitcoin (BTC) is trading at $8,648.37 (-0.03%) with a daily Top Tier volume of $1.48 billion. As for ether (ETH), it is trading at $167.37 (1.70%) with a daily Top Tier volume of $418.91 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,093.86 (0.71%).

DigixDAO Votes to Return to Investors $64 Million ICO Treasury

Project Ragnarok, which plans on returning ether to the investors of the DigixDAO ICO, has passed with over 95% support, after 52 votes were cast according to the Digix community website.

With the vote, a contract associated with the project is set to be executed to unstake and return 0.19 ETH per DGD token. Each DGD token is linked to physical gold bullion, which is represented on the Ethereum network through it.

Digix’s initial ICO saw it raise 466,648 ETH back in 2016, then worth about $7 million. The DigixDAO now holds around 380,000 ETH, worth around $46 million, in two addresses. Digix’s CEO Kai Cheng Chang offered to dissolve the DAO last year in response to community requests as a “mechanism for dissatisfied DGD token holders to make a clean break from DigixDAO.”

Australia Greenlights App-Based Bitcoin Fund

Australia’s finance watchdog has greenlighted a bitcoin fund aimed at real investors that is set to be offered in a micro-investment app called Raiz. The app lets users invest change left over from everyday purchases in exchange-traded funds on the Australian Securities Exchange (ASX).

According to the Australian Financial Review, the bitcoin fund is set to be offered to investors in the first half of this year, and will help them diversify their investments as most of users’ funds will go to ETFs, while 5% will be allocated to BTC.

The Raiz app is said to have over 600,000 users and reported a revenue of over A $3 million (US $2 million) last year. CoinDesk reports other bitcoin funds were already available in Australia, but were aimed at professional investors.

Venezuelans Are Reportedly Selling Airdropped Petro Tokens on LocalBitcoins

People in Venezuela are reportedly selling Petro tokens the government airdropped to them via the peer-to-peer bitcoin trading platform LocalBitcoins. According to A Venezuelan user on Reddit, the government airdropped 0.5 PTR to public workers and pensioners “weeks ago,” claiming to have given away free Petros to 6 million people.

The Venezuelan user claims the government disabled two cryptocurrency payment methods that allowed people to use their airdropped tokens to buy goods and services- Bitpago and PetroWallet – because of its effects on the bolivar exchange rate.

As a result, those who received the airdropped are selling their tokens on LocalBitcoins for half the price the government set for the oil-backed cryptocurrency, as they have no use for it. On government-approved exchanges, the PTR is being sold for $60, about the price of an oil barrel, while on LocalBitcoins the Petros are being sold for $30 per unit.

Aragon (ANT) is the Daily Mover

Introducing the Daily Mover, where Flipside Crypto find the highest performing assets based on their user activity, market performance and development behaviour.

Aragon (ANT) is today's daily mover, as ANT user activity went up 36% over the last two weeks, which drove up its FCAS up 72 points. ANT’s price, over the same period, rose nearly 7%.

Using the ANT token, users can deploy and manage their own decentralized autonomous organizations (DAOs) on the Aragon Network. ANT is a governance token on the Ethereum network, and last year the Istanbul hard fork broke nearly 5,000 Aragon contracts, making it clear teams relying on the ETH network were exposed to considerable risk.

As a result, in October Aragon announced it was looking to deploy a Proof-of-Stake sidechain on Cosmos, dubbed the Aragon Chain. The team behind the project will keep on maintaining the Aragon Court on Ethereum’s mainnet, however.

Earlier this month, it announced users can trade one ANT token for 100 ANJ, the native token of the Aragon Court system. In it, potential jurors can stake 10,000 ANJ to become jurors and earn DAI fees resolving disputes. The court system itself launches on February 10,  Aragon has also been deepening its DeFi ties by providing liquidity to the Kyber Network and Uniswap.

The Aragon Court system is set to provide the cryptocurrency’s community new reward methods for participating in the network, encouraging activity in an ecosystem that’s already one of the most popular ones on Ethereum.

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