Cryptocurrency Daily News Bulletin: March 21, 2019

March 21, 2019 12:25 pm Published by

General News

Concordium, the blockchain identity startup, has signed Anders Fogh Rasmussen, previously both prime minister of Denmark and secretary-general of NATO, as a strategic advisor. The Switzerland-based firm’s chairman and former Saxo Bank CEO, Lars Seier Christensen, said Rasmussen will play a “pivotal” role in the firm’s global expansion plans.

Facebook’s blockchain recruitment drive continues, as they look to hire a lead commercial counsel to develop further partnerships to expand their product development in the industry. 

Mt. Gox is finally settling creditors’ accounts – claims worth billions. The exchange’s trustee, Nobuaki Kobayashi, announced he has either approved or disapproved creditors’ claims and has also notified the Tokyo District Court about steps taken.

Square plans to hire several new engineers and a designer to work on its crypto initiatives and will now be giving the option for employees to be paid in Bitcoin. 

Cryptocurrencies

Bitcoin $4,087.68 USD (1.07 percent): Lightning Labs has released a new feature aimed at improving the usability of the Bitcoin’s lightning network. Called “Lightning Loop,” users will now be able to receive BTC in increasing quantities without having to close and reopen new payment channels.

Bitcoin SV$68.11 USD (2.64 percent) and Qtum $2.58 USD (3.76 percent) have gained support from London-based FCA regulated digital bank Zeux. Zeux aims to be the first fully mobile app to allow fiat and crypto payment at stores accepting Apple Pay or Samsung Pay. 

Tezos $0.707137 USD (20.12 percent) has seen huge gains today after they officially concluded its first round of voting for two competing system-wide upgrade proposals: ‘Athens A’ and ‘Athens B’. Athens A one by majority and is set to introduce two different backwards-incompatible changes to the network. First, computation limits per block (gas limits) will be increased on to allow for larger transaction throughput. Second, roll sizes – Tezos tokens bakers hold to be randomly selected for block creation – will be decreased from 10,000 XTZ to 8,000 XTZ; reducing the barriers to entry. Tezos is also looking to integrate zero-knowledge cryptography such as zk-SNARKs in the coming months. 

Ripple $0.318265 USD (0.91 percent): Mercury FX says it’s ramping up their commercial use of Ripple’s XRP-based xRapid. CEO Alastair Constance says the company’s xRapid payment channels from the UK to Mexico and the Philippines are now moving tens of thousands of dollars per week, and the company aims to turn this to millions soon as they look to onboard some of their biggest clients. Meanwhile, UK-based payment platform PayGlobal says it has added XRP as its first crypto payment option. The FCA regulated company says its users can now convert XRP to fiat and cash out at local ATMs. Ripple has also benefitted from Sharia-compliant exchange Rain which just added XRP to its platform, as well as South African crypto exchange VALR which has paired XRP with BTC and ETH.

Sirin Labs $0.035804 USD (0.01 percent) has partnered with MyEtherWallet (MEW) for its Finney blockchain smartphone. MEW users can purchase the device through the mobile and web interface and MEW will feature as the go-to wallet interface for Finney users.

Loom Network $0.072628 USD (7.85 percent) announced it is weeks away from launching integrations for Ethereum, EOS and Tron into PlasmaChain. The move will allow developers to release decentralized apps on all three chains simultaneously.

– WN.com, Jamie Saarloos



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