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From a large investment in the future of Bitcoin and cryptocurrency to the first bank using XRP, here are some of the stories that are breaking up in the world of Crypto.
Bitcoin
The 23rd richest man in the world is investing in the Bitcoin platform and Bakkt cryptocurrency.
Hong Kong billionaire Li Ka-shing invested in the forthcoming cryptocurrency exchange, which is supported by the parent company of the New York Stock Exchange, through its venture capital firm Horizons Ventures. According to the annual list of billionaires published by Forbes, Li Ka-shing is worth about $ 34.9 billion.
Bakkt is pushing for the launch of physically supported Bitcoin futures in the first quarter of this year, along with a regulated institutional exchange, clearing and deposit services for physical delivery and storage.
The second phase of Bakkt, scheduled for the end of this year, will use Microsoft's cloud solutions to allow people to buy, sell, store and spend cryptocurrencies on a global network. The plan will also offer Starbucks customers a way to convert cryptography into US dollars to make purchases.
Ethereum
The founder of the Ethereum development studio, ConsenSys, sat down for an interview on the Epicenter podcast.
Joseph Lubin talks about his background in engineering and finance, and about the events that led to his fascination with Bitcoin and Ethereum.
Ripple and XRP
The head of London-based Exim Bank, the first bank to implement Ripple's XRP-Powered xRapid, said the technology will help create a new level of service in the industry.
"As a leader in commercial finance solutions for global and fintech companies, we are uniquely positioned to offer new payment channels and ways to raise cash.
Our customers, be they large companies or individual remitters, have historically been excluded from obtaining adequate funds or settling their transactions in an economically efficient and timely manner. Working in partnership with Ripple and selected counterparts, we have designed, tested and implemented both xCurrent and xRapid in record time, and we look forward to seeing the benefits our customers will bring. "
litecoin
The Litecoin Foundation has published a report on its recent sponsorship with the UFC.
The comprehensive report examines the impact of Litecoin's interest in sponsorship and states that the Foundation is constantly looking for similar initiatives.
"While some of these measurable outcomes are extremely important, the opportunity that this sponsorship has already created for LTC is hard to underestimate, even though we have been fortunate enough to spark a constant interest from some big brands in the last two years, the number of globally recognizable brands that are reaching a foundation since the UFC 232 increased dramatically.
Of course, not all partnerships will make sense, but where there are ways to raise people's awareness in large areas of the globe, activate the public or create new and exciting use cases, we will continue to evaluate them.
Regarding the UFC, we intend to continue discussing how to pursue this partnership in new and exciting ways. As this evolves, we will keep you updated. "
Stellar
The Stellar portfolio and the Stellarport decentralized trading client have just released a new portfolio update.
The enhancements allow users to easily monitor their wallet value on all coins offered on the platform.
Apart from the changes to the user interface, we have also added more information. Starting today, you can view the value of each of your balances and the total value of your portfolio in any asset on the Stellar network …
To view values in another currency, click "change" in the "Wallet value" panel and select your favorite asset. After selecting a resource, you should see all your balances, as well as the total value of the portfolio, displayed in the asset of your choice (eg USD). "
Tron
Tron has published a white paper that describes how the new BitTorrent Token (BTT) will work. Users of the peer-to-peer file sharing platform will be rewarded with the token for sharing files with others.
"By introducing a mechanism for storage and value exchange we aim to greatly expand the universe of possible participants – service seekers, service providers or both.
Optimizing the existing BitTorrent protocol is an obvious first step in the introduction of a cryptographic token, but it can barely scratch the surface of what is rapidly becoming possible. "
You can check the full white paper here.
VeChain
VeChain has just released a new episode of the Deep Dive series, which examines the technical aspects of the platform. This episode examines sidechains, reconstructed accounts and storage plug & play.
IOTA
IOTA works with Crypto Storage AG to offer the industry's first multi-signature storage solution designed to securely store high volumes of IOTA tokens.
"This storage solution is designed to meet the needs of financial intermediaries and key partners in a variety of industries working on concepts using IOTA.
The collaboration between IOTA Foundation and Crypto Storage AG allows private and public investors as well as institutional investors and beneficiaries to securely manage access to their IOTA tokens ".
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