The National University of Columbia is joining the global blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at inTIColombia told detailed.Bloxberg is a blockchain initiative formed by 12 research organizations from 10 countries and led by the Max Planck Society, with the National University of Colombia to be the only institution from Latin America. The parties reportedly aim to establish an infrastructure that “broadens the scientific landscape of regionally and nationally governed blockchain networks to become the first truly globally maintained decentralized network by scientists for science.The consortium also includes such organizations as Carnegie Mellon, UCL, ETH Library at ETH Zürich, Georgia Tech, IT University of Copenhagen, University of Belgrade, University of Johannesburg, University of Kassel, University of Nicosia, and University of Sarajevo.
Tether has started issuing its stablecoin USDT on the Tron (TRX)blockchain. The development is an upgrade from the OMNI protocol-based USDT — which is pegged to the United States dollar on a 1:1 basis — that now enables users to hold and transfer the cryptocurrency through smart contracts on Tron ensuring instant delivery.“It enables interoperability with Tron-based protocols and Decentralised Applications (DApps) while allowing users to transact and exchange fiat pegged currencies across the Tron Network,” the announcement explains.Tron will reportedly be settling the matter with digital currency exchanges including Singapore-based Huobi, Hong Kong-based OKEx and others, starting from April 30th until the beginning of August.The stablecoin previously faced controversy after critics had suspected the coin of operating a fractional reserve while issuing more tokens than they have backing for, and sending them to Bitfinex cryptocurrency exchange. Following a subpoena by United States regulators to both Bitfinex and Tether, the company ordered an unofficial audit, which found that stablecoin had the appropriate amount of backing dollars.
Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries, according to a blog post published on April 17.Coinbase and its professional trading platform Coinbase Pro have introduced crypto-to-crypto conversions and trading to 11 more countries in Latin America and Southeast Asia. The product is now also available to Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand.Coinbase customers in the aforementioned countries can now store, trade, send, and receive cryptocurrencies. The exchange suggests in the post that cryptocurrencies’ are moving from the current “investment phase” into the “utility phase” following a number of new use cases. Earlier in April, Coinbase also launched Coinbase Card with Visa, which enables its United Kingdom-based customers to pay in-store and online with cryptocurrency.
Mainstream media isn’t known for its accurate, in-depth, or optimistic coverage of Bitcoin (BTC) and crypto currencies at large. Earlier this month, as BTC popped above $5,000 for the first time since November 2018, respected business news outlets falsely covered this industry en-masse.Technology outlet Gizmodo published an article bashing Bitcoin for its supposed “Monopoly money”-esque properties and high energy usage after the move, tagging the piece under “fake internet money” and “scams” in an evident bid to further poke fun at cryptocurrency enthusiasts.And Business Insider continued this trend. Just recently, citing an analyst from UBS, the former home of The Block’s bearded SCOOPer, Frank Chaparro, tacitly bashed BTC. Their headline read: “Bitcoin bulls may have to wait 22 years for the cryptocurrency to return to all-time highs.” Yeah… no.
Bitcoin (BTC) is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008.Digital asset markets on the move again, the importance of accurate predictions grows. An online platform called Bitcoin Forest uses market data and an AI algorithm to produce forecasts for the prices of many cryptocurrencies on a number of global and regional trading platforms.Bitcoin Forest has a sister platform called Altcoin Forest where users can find more information about dozens of other digital currencies.
FinTech platform YouHodler continues to expand its global reach with a new collateral addition to their growing list. Due to popular demand from their community, YouHodler now includes Stellar (XLM) as their latest collateral option. The new listing comes just after the platform added BSV and will attempt to bring another sector of the crypto community to their service.
STELLAR (XLM) BRINGS DIVERSE POTENTIAL TO YOUHODLER
Choosing XLM as collateral on the YouHodler platform allows users to receive a loan in EUR, USD or USDT. Using a credit/debit card, verified bank account or stable coin wallets, users can then instantly withdraw their loan from the platform. As the ninth largest cryptocurrency per market capitalization, XLM has proven to be one of the bear market’s strongest survivors with promising potential. With a total supply of 19 billion, XLM is currently trading at $0.086630 against the U.S. dollar and is close on the tail of Tether (USDT) for the number eight spot. The hype surrounding the coin continues to grow alongside Stellar’s partnership with IBM. Stellar, which is the main competitor to Ripple, aims to help IBM replace the current banking system in the South Pacific. Growing value aside, there are more important reasons for this addition for YouHodler according to CEO Ilya Volkov.
YOUHODLER “EXCITED” TO WELCOME STELLAR COMMUNITY
Compared to other coins in the top 5, Stellar is a rather small network. Yet, it still exhibits massive potential via the XLM community. On the topic, YouHodler CEO Ilya Volkov states that “we know XLM users are a unique and talented group of crypto enthusiasts. For that reason, we wanted to target with them this new addition to this platform. Yes, it will help XLM HODLers find another use for their coins but it will also help us in regards to collaboration. XLM HODLers are often overlooked in the realm of the crypto industry and by introducing them to the platform YouHodler hopes to make lasting connections that will be beneficial to both parties.”
XLM JUST ONE OF MANY FEATURES TO COME FOR YOUHODLER
Coming fresh off their announcements of a new affiliate program and direct to credit card withdrawal feature, the XLM addition is another highlight of a productive March for YouHodler. According to the team, DASH and ZCASH as collateral options are coming in the future as well. Instead of a pure crypto lending platform, YouHodler promotes itself as a FinTech platform that focuses on crypto lending but will eventually construct a more diverse ecosystem for global finance.
YouHodler is a Blockchain-based Financial Ecosystem focused on cryptocurrency-backed lending with fiat loans. YouHodler lending platform provides USD and/or EUR loans, secured by collateral in BTC, ETH, XRP, and other popular cryptocurrencies.
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There was a strong upward move above the $0.3480 resistance in ripple price against the US Dollar. The XRP/USD pair surged above the $0.3500 and $0.3600 resistance levels. The price traded close to the $0.3750 resistance and settled well above the 100 hourly simple moving average. Later, there was a downside correction, but the $0.3480 support acted as a buy zone. There was a fresh increase, but the price failed again near the $0.3750 resistance area.As a result, there was a sharp decline below the $0.3600 and $0.3480 support level. Moreover, yesterday’s highlighted important bullish trend line was breached with support at $0.3600 on the hourly chart of the XRP/USD pair. The decline was such that the price even spiked below the $0.3400 level. It tested the $0.3280 support area and the 100 hourly simple moving average. A strong buying interest emerged near $0.3280, resulting in a rebound above $0.3400. The price broke the 23.6% Fib retracement level of the recent decline from the $0.3746 high to $0.3281 low.
Ripple can partner with cryptocurrency exchanges across the globe that are capable of accepting fiat currency from banks. It then converts fiat money into XRP and transmits it to the destination, where it is instantly converted back into fiat. Birla explained that the current cross-border payments system is legacy in nature as sending money from one country to another is a time-consuming process. But Ripple needs to ensure that it complies with the regulations of those countries where it plans to set up a payments corridor.Ripple has been busy striking partnerships with payments providers and crypto exchanges to get xRapid off the ground.American Express is one more marquee name that’s partnering with Ripple’s XRP-enabled real-time payments platform.
EOS has introduced a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (
How Does it Work?
EOS was developed with the goal in mind of being able to accomplish several goals through a blockchain solution:
- Support millions of users – to be able to compete with large established technology companies which can support a massive user base;
- Free Usage – providing flexibility to developers and value to users, plus encouraging adoption through a free to use service;
- Easy upgrades and bug recovery – ease of use for businesses upgrading with new features, and robustness when tackling bugs in the system;
- Low latency – reliable feedback and low latency of transactions;
- Sequential performance – to facilitate the management of high volumes on the platform;
- Parallel performance – allowing the platform to divide workload across multiple CPUs and computers to increase speed and efficiency.
EOS runs with a delegated proof of stake (DPoS) consensus algorithm in conjunction with the asynchronous Byzantine Fault Tolerance (aBFT) to achieve lightning fast transaction irreversibility. Within 1 second, the transaction is irreversible on the blockchain.
CoinPayments was started in 2013 as the first altcoin payment processor and has since grown to support payments for bitcoin and over 1,000 altcoins for their userbase of over 2.3 million accounts across 182 countries. The easy to use platform offers prebuilt plugins and integrations for all the major ecommerce platforms, including Shopify, Woocommerce and Magento. With hosted wallets, conversion and fiat settlement functionality, CoinPayments leads the way in furthering the adoption of cryptocurrencies.
To help fight crypto scams Blockchain Asset Recovery firm PrudenSolve joins Coinfirm’sAMLT Token Network
One of the first companies focused on the recovery of blockchain assets, PrudenSolve has been helping address a serious issue in the cryptocurrency space as seen recently with the Quadriga controversy among others. The problem though affects countless individuals and companies and stands as one of the key issues related to the lack of widespread adoption of cryptocurrencies. For many a lack of knowledge and skills on the part of the user, as well as irregularities lying on the technological side stand as the reasons for the loss of access to funds. With that said a very large number of reports PrudenSolve receives is related to nefarious activities that are extremely difficult to solve due to their specificity and the circumstances in which they occur.
What seems to be one of the first if not the first company providing asset recovery services exclusively focused on blockchain and cryptocurrency, Prudensolve will start off their collaboration with the AMLT Network by submitting data it has collected on nefarious action related addresses in the past. After initial data submission of past cases, PrudenSolve will have an ongoing program that submits relevant data into the Network via API. For each submission deemed valid by the AMLT and Coinfirm data science team, PrudenSolve will receive AMLT tokens as a reward in return that they will then use for payment for Coinfirm’s tools that PrudenSolve will use to better investigate lost blockchain assets.
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