News on Other Public Protocols in Crypto Industry
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 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.”
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.
An investment management company based in the United States, Morgan Creek has claimed to become the first cryptocurrency firm in the country to raise money from the pension fund. The company have confirmed that its new Morgan Creek Digital will be investing in digital assets and secured two pension funds in Fairfax, Virginia.
An announcement has been made by a luxury online retailer website, Crypto Emporium that they’re now accepting Dash. In their official Twitter account, “We’re proud to announce that $DASH has been integrated onto the Crypto Emporium platform with immediate effect. @Dashpay is a project that we fully believe in long-term and we can’t wait to serve their brilliant community.”
The International Blockchain Monetary have shared that they’re currently developing a stable coin named Reserve Currency Coin (ARCC) to solve the corruption problem among the society. ARCC explained, “I will work similar to a social proof-of-work. People have to prove that they are working for the good of everyone by simply submitting and validating reports in various situations.”
Forbes has listed six cryptocurrencies and blockchain related firm, Fintech 50 for the year 2018. When compared to the list in the year 2017, there were 11 of the cryptocurrencies and blockchain technology-related companies listed in the previous list. The list unveiled by Forbes is not surprising as the cryptocurrencies industry was facing turmoil during the year 2018.
The University of Kansas has recently received $2 million worth of donation from the Silicon Valley to support the cryptocurrency and digital payments research related. The University of Kansas then explained that the donations received from Ripple will go to the Information and Telecommunication Technology Center at the Kansas School of Engineering and provide $400k each year.
The Brazilian president has recently appointed a well-known cryptocurrency advocate, Roberto Campos Neto as the new head of the central bank. He explained in a letter studies and research, “One of the contributions I hope to bring to the Central Bank is to prepare the institution for the future market, where technologies advance exponentially, generating more rapid transformations.”
The distributor of a well-established fashion retail company, Hennes & Mauritz, H&M has begun to accept cryptocurrency e-commerce Champion for cryptocurrency payments. The founder and CEO of H&M Distributors, Herb Needham explained, “Accepting cryptocurrency payments allows us to share that expertise with even more clients by removing many of the barriers that made it difficult before.”
Feb 15, 2019
Feb 15, 2019
Feb 15, 2019
Feb 15, 2019