📮 08-03-2020
📈MarketCap: $238 B
📊24h Mcap %: -6.4%
⚠️Bitcoin Dom: 63.9%
📌Active Coins: 2,857
📍24h Vol %: -2.32%
💲24h Vol: $145 B
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1. Virginia Lawmaker Pushes Blockchain for Elections, Commerce
Virginia lawmaker is lobbying her commonwealth’s authorities to review how distributed ledger technology (DLT) can help develop the way forward for native elections and commerce. The first one calls for Virginia’s Division of Elections to research blockchain as a method for safe elections. The second payment, notably, requests the Virginia Financial Improvement Partnership (VEDP) to analyze DLT’s present and coming function within the Previous Dominion’s financial system. Read Full on BTCMANAGER.
2. XRP Liquidity Surges to Hit New Record
The liquidity of the XRP digital asset reaches a new ATH on Coins.ph. The adoption of the third largest currency keeps spreading thanks to Ripple’s On-Demand Liquidity (ODL) corridors. Three best-known of them so far are working in Mexico, Australia and the Philippines. A new record was hit in the Philippines. The ODL corridor to the Philippines works via the local crypto exchange Coins.ph. Today, the XRP liquidity ATH left behind the previous record and hit the 6,041,940 mark. Read Full on U.Today.
3. Ireland to See First Public Auction of Seized Crypto Assets
For the first time in the country’s history, Ireland will publicly auction off $125,000 worth of bitcoin seized from criminals. The seized cryptocurrency will be sold by Ireland-based auction house, Wilsons Auctions, to the highest bidder as it will set no reserves. Starting from Tuesday, March 24 at 12 noon (GMT), Wilsons Auctions will sell bitcoin (BTC) worth $125,000 seized from criminals by Belgium authorities. The auction will be conducted online and will take place for only 24 hours. Read Full on Bitcoinist.com.
4. IOTA Will Repay Victims of $1.97 Million Hack happened on Feb 12
On Feb. 12 Iota (MIOTA) suffered an attack targeting its official desktop wallet. The Iota network went offline on the same day, and has remained down since. On March 6, David Sønstebø, the founder of Iota, revealed that he will personally fully repay all 46 victims of last month’s Iota hack to the tune of 8.52 million MIOTA — worth roughly $1.97 million at the time of writing. IOTA Foundation remains on track to relaunch the network on March 10th. Read Full on Cointelegraph.
5. US Fed Prints Money Equivalent of 9.8M BTC in 1 Day
The U.S. central bank continues inflationary measures to satisfy liquidity demands from lenders, as coronavirus plays havoc with stability. The United States Federal Reserve has funneled the equivalent of half the entire Bitcoin (BTC) supply into the economy but banks want even more money. As the New York Fed confirmed on its website, so-called repurchase operations, or “repos,” totalled $89 billion, approximately 9.8 million BTC on March 5 alone. Read Full on Cointelegraph.
6. David Schwartz Explains Whether XRP Can Be Destroyed or Not
David Schwartz, the CTO of blockchain company Ripple, answered some questions about creating or destroying XRP. He explained that validators couldn't simply destroy XRP tokens that are held in the company's escrow wallet. According to Schwartz, nobody can create more tokens because of certain "safeties" in the software that prevent more issuances. XRP owners can lock or destroy their tokens if they want to. Schwartz claimed that changing the rules would require a hard fork. Read Full on U.Today.
7. Bitcoin Gets Featured On Netflix Show Altered Carbon
An episode of the Netflix original Altered Carbon features cryptocurrencies as the means of payment in its fictional version of the year 2400. In the show, the prices of a variety of small items can be seen listed in several different cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) during a scene where the main characters load up on weaponry. Other listed are two privacy coins, Monero (XMR) and Zcash (ZEC), as well as governance-focused token Decred (DCR). Read Full on Decrypt.
8. Akon to push forward the utility of Akoin
Akoin, the cryptocurrency platform of the Grammy-award winning artist and producer Akon, announced a partnership with decentralized application, BitMinutes that tokenizes mobile phone minutes. It’ll let people trade mobile minutes between one another. Akoin can be swapped for tokenized airtime—in the form of BMT, BitMinutes’ native token—which in turn can be swapped for real airtime, which can be used to top up mobile phones, or traded on other markets. Read Full on decrypt.
