Massive Bet of Overstock CEO on Bitcoin and Crypto, Plus Ripple and XRP, Ethereum, EOS, Tron, Cardano: Crypto News Alert

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From a courageous bet on Bitcoin to a controversial new report on EOS, here are some of the stories that break in the world of Crypto.

Bitcoin

The founder and CEO of Overstock plans to sell the entire sales branch of his business to focus on blockchain and cryptocurrency.

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The Wall Street Journal reports that CEO Patrick Byrne, who founded Overstock in 1999, will launch tZero, a Bitcoin exchange system and blockchain-based cryptography.

"I do not care if tZero is losing $ 2 million a month," Byrne said in an interview with WSJ. "We think we have a cold fusion on the blockchain side".

Ripple and XRP

Ripple has published a new announcement that compares the power of the blockchain with the status quo of current cross-border payment technologies.

Meanwhile, the Bot Punta XRP now supports escrow transfers.

Users can send XRP which will be delivered automatically after a certain period of time.

Ethereum

The co-founder of Union Square Ventures, a venture capital firm based in New York City, has just released a brief perspective on mainstream titles such as Apple and cryptocurrency.

Fred Wilson says that Ethereum looks like the simplest crypt "to make an avalanche for now." But despite the optimism, he says it's a difficult time to buy almost any kind of resource.

EOS

BitMEX has released a new controversial report on EOS.

According to the report, based on "an in-depth evaluation of the entire system, EOS was initially architected as a blockchain, although the resulting platform failed to achieve the necessary composition of a blockchain system."

You can download the full report from BitMEX here.

Tron

Intergalactic Gaming, a Tron-based blockchain startup centered on the tokenisation of the sports industry, says it is preparing for its alpha launch.

The output is scheduled for December.

Cardano

The last episode of The Cardano Effect came out. This episode focuses on the goal of Cardano to lead the next generation of blockchain technology.

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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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