Cryptocurrency Daily News Bulletin: March 29, 2019

March 29, 2019 1:45 pm Published by

General News

Bitrefill, the crypto gift card provider, has added a service allowing customers to pay for Airbnb gift cards in BTC, ETH, LTC, DOGE and DASH. Last week, the company also announced crypto support for Netflix subscriptions with the same five cryptos.

Facebook is advertising for five more blockchain-related positions – adding to the 20 positions posted in the last month. The new positions include: production manager, business operations manager, data scientist, software engineer and growth product manager.

MMC Norilsk Nickel PJSC’s chairman Vladimir Potanin, notably Russia’s richest man with a net worth of $18 billion, told Bloomberg he’s talking with Swiss authorities to utilize crypto to tokenize the rare metal palladium, as he believes digital tokens are the future. 

Cryptocurrencies

Envion $0.068104 USD (8.72 percent), the Swiss crypto miner, held their ICO sale illegally and “seriously violated” laws, according to the country’s Financial Market Supervisory Authority (FINMA). The 2018 token offering worth more than $90.33 million was carried out without the necessary banking license in place. Furthermore, Envion ENV token issuance was not equal for all investors, FINMA added. Envion has been forced to undergo liquidation.

Ethereum 141.09 USD (0.81 percent): Crypto hardware wallets maker Ledger and Hong Kong-licensed trust and custody company Legacy Trust have partnered to provide “institutional-grade” crypto custody. Legacy Trust said it can now “securely and efficiently” custody clients’ digital assets, such as bitcoin, and most notably, will also start offering custody of ERC-20 tokens. Legacy Trust group founder Vincent Chok claims “there is huge interest in ERC-20 custody services and it’s only growing bigger. Every STO that is planning to take place will need to have custody for ERC-20 tokens.” Meanwhile, a new Bloomberg report claims Ethereum is “losing its lustre,” with an increasing number of developers choosing to build DApps on its competitor platforms; EOS and Tron.

Ripple $0.306364 USD (-0.89 percent) partner SBI says 13 new banks are investing in MoneyTap, the company’s Ripple-powered mobile payments app. The list includes Seven Bank – Japan’s largest ATM provider, with more than 25,000 ATMs.

Tezos $0.858936 USD (18.05 percent): Coinbase Custody is now offering staking services to institutional clients, starting with Tezos. Client assets will remain inside Coinbase’s fully insured cold storage and Coinbase will put its own coins online, assuming all the risk. After deducting Coinbase’s fee, clients can expect to earn 6.6 percent annually on their XTZ. The move follows Battlestar Capital’s announced partnership with crypto lending startup Celsius Network, claiming a return of “up to 30 percent.” XTZ seeing huge gains today.

TokenPay $1.68 USD (5.59%), the Swiss-based startup, has spent $1.3 million for a 6 percent equity stake in Naked Brand Group (NAKD), the Australian lingerie company. CEO Derek Capo claims the move is part of their broader diversification strategy to spend token sale proceeds on equity investments – hedging against crypto market volatility. Still, it may take until 2020 for shoppers to buy Naked Brand’s with TPAY tokens.

Tron $0.023098 USD (-1.18 percent) has purchased the blockchain app store CoinPlay. Tron says it will use the platform to give users a single location to browse and download a variety of decentralized applications. In the future, it will support multi-platform multi-currency real-time quotes, multi-platform transaction volume/ price, and GitHub query. 

– WN.com, Jamie Saarloos



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