MakerDAO is a decentralized autonomous organization which has its own stable coin named as DAI which is is pegged against the US Dollar. Users who have used Ethereum tokens are as collateral has to only pay back in the DAI tokens to gain access to it, this has resulted a staggering $234 million Ethereum tokens with it.
A cryptocurrency company, Litecoin have revealed its recent achievement which is to be listed in mobile app Spend.com. The recent announcement made by Spend.com has confirmed that the users of their app are now able to perform purchase, sell and make payments in Litecoin (LTC) cryptocurrency through Spend Visa Card.
An Ethereum messaging app and mobile browser start-up, Status has recently relaunched its cryptocurrency hardware wallet. Guy-Louise Grau then explained regarding the crypto wallet, “We’re not announcing a full end customer product with Keycard. We’re releasing a tool actually. At this stage, it’s a tool for third-party blockchain projects that want to secure their application with cost-effective wallet.”
A foreign exchange banks in South Korea, Korea Exchange Bank (KEB Hana Bank) have filed 46 blockchains related patent. The Vice president of KEB Hana Bank, Han Jun-Seong commented, “The patent applications are not just about applying blockchain technology into the banking . It is important to connect the new business models and the bank’s internal system through a blockchain.”
A cryptocurrency exchange, Coinbase have been threatened by a lawsuit from an Israeli NGO if they don’t stop the Hamas fundraising in their platform. In its warning letter, “By providing material support or resources to Hamas is a violation of U.S. federal criminal law, and to demand to terminate all accounts and services provided to Hamas.”
Zhao Dong the Chinese investor who made himself billionaire by investing in Bitcoin predicts that the market will start growing in 2020 and Bitcoin is likely to reach $50,000 by 2021. This is consistent with predictions by Litecoin founder Charlie Lee. 2019 might become a year for cryptocurrency growth from the bearish hibernation.
Cryptopia, a New Zealand based cryptoexchange which was a victim of hacking and has lost $16.1 million. Investigation officers said that they have made excellent progress; Cryptopia management now have full access to their facilities and business premises. But Cryptopia founders did not immediately respond to queries & Cryptopia social media accounts have also remained silent.
A cryptocurrency payments platform, Bitrefill has become the connecting bridge for Tinder user and cryptocurrency as they have introduced the service to pay for Tinder subscription in Bitcoin. This indicates the effort to accelerate cryptocurrency adoption seriously as they have also allowed the crypto enthusiasts to purchase for Google Play or Apple iTunes gift card using cryptocurrencies.
A well-established international money transfer market-based in the U.S, Western Union have shared that they’re currently observing the potential offers by ripple technologies. It has also not denied the fast-growing cryptocurrency market all around the world and expressed that is also one of the reasons which motivate them to start exploring what Ripple products could offer them.
After Craig Wright expresses claim on Bitcoin which the nChain executive published a blog post repeating his claim, has provoked Wikileaks to launch a Twitter war against his claim as Bitcoin creator. Wright alleged Bitcoin and anarchy were contrary to one another, and use should only occur within a broad context of “the law.”