Tech, Week 20 '18

Minor and major recent milestones in Top-50 coins and tokens, except for meetups and hackatons.

JP Morgan Launches Cryptocurrency Strategy

JP Morgan is taking cryptocurrencies seriously by appointing London-based fintech head Oliver Harris to create a cryptocurrency strategy for the company, revealed on May 18.

Purse.io Adds Native BCH Support and Launches ‘Bcash’

On Friday, May 18, Purse.io, the company that enables up to 20 percent savings when users shop on Amazon with Bitcoin Core (BTC), announced its’ native support of Bitcoin Cash. Now users spending Bitcoin Cash can get the same services the firm has been offering since 2014. Additionally, Purse has revealed its own Bitcoin Cash (BCH) Javascript library for node.js called ‘bcash.’

Mercuriex to launch on May 21st with BTC/LTC trading pair

Mercuriex, a US based cryptocurrency exchange launching on May 21. The initial trading pair will be BTC/LTC, with IOTA to be added soon after.

Tether prints 250,000,000 USDT

Tether is printing large batches of USDT, this time around it is 250,000,000 USDT in one go. The last print was March 20, 2018, 18:51:15 UTC of 300,000,000 USDT.

Blockstack Launches Decentralized Applications Store

The project that’s building a network for decentralized applications layer for the Internet, Blockstack, has announced the launch of a new universal Dapp (decentralized application) store called App.co. The aggregated list of roughly 138 ecosystem-wide applications that offer utility by harnessing the benefits of decentralized technologies like blockchain, cryptocurrencies, IPFS, Zeronet and more.

Openbazaar Enables Decentralized Peer-To-Peer Trading of 44 Cryptocurrencies

Peer-to-peer e-commerce platform Openbazaar’s development team, OB1, announced this week that fully decentralized, fee-free cryptocurrency trading is now available on the platform with the release of Openbazaar version 2.20.

Binance Delays TrueUSD Launch Due To ‘Popular Demand’ And Liquidity Concerns

Binance will no longer be launching TrueUSD (TUSD) trading on Friday, May 18, at 4:00 am UTC, as was originally planned. Instead, the hugely popular cryptocurrency exchange will start offering TUSD trading on May 22, at 4:00 am UTC.

Börse Stuttgart Launches Crypto Trading Platform

Börse Stuttgart is currently handling over $100 billion dollars (€83 billion) in trading volume, and it has decided to offer cryptocurrency trading services. The platform is known as Bison and will allow individuals to trade Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and Litecoin (LTC). The company has also explained that they will be offering more virtual currencies in the future.

Litecoin (LTC) Becomes Compatible With The Blocknet Protocol And Prepares For Gemini Listing

Litecoin (LTC) is now compatible with the Blocknet Protocol. Thus, the process of converting one crypto to other is expected to become easier. The cryptocurrency has also been listed on Gemini exchange.

Augur’s contracts to be deployed to Ethereum (ETH) network

Augur being an open-source decentralized platform built on the Ethereum blockchain, caters to the prediction market and are looking forward to launching smart contracts on the Ethereum’s Mainnet on July 9.

Coinbase Aims To Obtain Banking Licenses

Coinbase is now intent on learning how to obtain banking licenses. The Wall Street Journal reports that, according to undisclosed sources, the exchange held conversations with officials from the U.S Office of the Comptroller of the Currency in early 2018.

VeChain (VEN) Announces First ICO On Its VeChainThor Platform

The Plair project intends on using the VET platform to launch its own ICO that starts on May, 25.

5 Major MainNet Launches To Mark On Your Calendar (TRX, EOS, ZIL, VEN, ADA)

There is the Tron (TRX) Mainnet that is scheduled for release on May 31. The second project is EOS (EOS). The exact date is the subject of plenty of speculation on the web with some crypto fans saying it is either the 2nd or the 3rd of June. Zilliqa MainNet will be released in Q3, exact date is yet to be announced. ADA MainNet will be released sometime in Q2 and Q3 this year.

EOS all set for the Public release of EOSIO 1.0 in June

EOSIO Dawn was focused on the stability of the core platform, but over the next month, they will be working on the final system contract that implements skating, voting, and governance mechanics. This way they will also be finalizing their token standard. EOS Team is all set for a high-quality public release of EOSIO 1.0 in June.

Coincheck to delist Monero (XMR), Zcash (ZEC) and DASH

Coincheck, the digital asset exchange platform based in Japan announced that Monero (XMR), Zcash (ZEC), and Dash (DASH) will be removed from the platform. Along with these privacy coins, Augur (REP) will also be delisted in the month of June. Coins that are existing even after June 18 will be sold at the market price and converted to Japanese Yen (JPY) and credited to the customer.

Unilever Owned Schmidt’s Naturals Adds Bitcoin Payment Support

Schmidt’s Naturals, the globally renowned brand for personal care products, has decided to hop in on the crypto bandwagon. Starting May 14, 2018, the Unilever-owned company began accepting bitcoin payments on its online store.

BTC

8,744 USD
-5.52%

ETH

272.72 USD
-8.76%

LTC

115.12 USD
-7.04%

TRX

0.03416 USD
-3.10%

BCH

437.73 USD
-3.73%

DASH

170.40 USD
-6.27%

ADA

0.09184 USD
-7.41%

USDT

1.00 USD
-0.04%

XMR

96.55 USD
-5.13%

ZIL

0.02107 USD
-7.26%

VET

0.007893 USD
-7.43%

Related news

Libra branded ‘delusional’ as Senate Banking Committee unleashes hell on Facebook’s David Marcus

Libra seems to be the new cuss word in Washington D.C. After unveiling Libra and setting up the association to oversee its governance in Switzerland, Facebook probably thought they’d be taking more flights across the Atlantic. However, it looks like the layover in the US Captial is longer than expected. On July 16, David Marcus, […] The post Libra branded ‘delusional’ as Senate Banking Committee unleashes hell on Facebook’s David Marcus appeared first on AMBCrypto.
AMBCrypto

Crypto-Markets Take a Hit after Libra Hearing, as Optimists Fend Attacks Off of Bitcoin

The cryptocurrency markets suffered a considerable blow yesterday as the first phase of the Libra Senate Hearing concluded on 17th July. Devid Marcus, the representative of the Libra Association and Facebook, was grilled by all parties on privacy and security concerns. Moreover, due to the limited time, most senators were unsatisfied with the response at the moment. However, David also reiterated that the announcement was made a year tentatively before the launch to address regulatory and market concerns. The Association is committed to complying with all national and international laws. BTC/USD 1-Day Chart on Bitstamp (TradingView) Libra announcement also had a substantial effect on the crypto-markets as Bitcoin seemed to become mainstream. Nouriel Roubini, who has actively engaged with the crypto-community in recent times due to the debate between himself and BitMEX exchange CEO, Arthur Hayes, noted about the fall, Bitcoin down 14% in last day to below 9.5K! Ouch! It must hurt to get so rekt so fast! Calling bitcoin a currency – let alone 1000s of other shitcoins – is a joke: they are not a unit of account, they are not a means of payments (5tps) and no stable store of value (-14% in a day) The altcoins dropped even lower as they broke below support levels. Ethereum and Litecoin are currently testing $200 and $80 respectively, with EOS and Ripple in a bearish trend below $4 and $0.3 as well. Nevertheless, as the drop in Bitcoin was also a probability through technical analysis, the optimism in the market is still intact. Metlem Demirors, the Chief Strategy Officer at Coinshares, expressed similar sentiments. According to her, not everything can be classified as “cryptocurrency”; like the companies or developers attempt to advertise. There are certain economic advantages and security that an open, permissionless network like Bitcoin provides. She told the media, “We’re seeing the creation of thousands of companies, thousands of jobs; a lot of economic value being created v/s. What Libra is attempting to do. Libra is an entity that benefits Facebook and small group of participants in the Libra Association.” Furthermore, she also suggested how Switzerland’s proactiveness in passing crypto -regulations in 2018 has made it a “haven for many cryptocurrency companies.” Mati Greenspan, the Senior Market analyst at eToro tweeted, One word dominated the Libra hearings today: trust One word @davidmarcus did not use: trustless Libra requires faith in Facebook. Bitcoin is trustless. Hence, as recent comments from the US President, Fed Chairman, and the Treasury Secretary continue to validate the cryptocurrency space. The enthusiasm that Libra brought seems to be subsiding as it is being burdened by regulatory oversight. Do you agree that cryptocurrencies will flourish in the next decade or are apprehensive of it? Please share your views with us.  The post Crypto-Markets Take a Hit after Libra Hearing, as Optimists Fend Attacks Off of Bitcoin appeared first on Coingape.
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