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One Stop Cryptocurrency News Cast For Today ?

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📮27-02-2020

📈MarketCap:                  $249 B
📊24h Mcap %:                 -5.54%
⚠️Bitcoin Dom:                 63.8%

📌Active Coins:                2,383
📍24h Vol %:                  14.46%
💲24h Vol:                    $132 B

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1. Monero to Implement New Technology to Enhance Privacy
Monero is going to introduce Dandelion++ in near future to make Monero network, already known for its privacy, even more private. The devs asked the community for help. The author of the post says that the team is waiting for Dandelion++ to be merged with the code. However, they asked for the community’s assistance in testing the new feature which will be crucial for further Monero development. New technology will enhance Monero's privacy making much harder for an attacker to link a transaction to a specific node. Read Full on reddit.

2. Coinbase Wallet Adds, Customizable Addresses to Simplify Crypto Sending
Coinbase Wallet users can now send cryptocurrencies to "short human-friendly addresses" rather than using the traditional long-form alphanumeric addresses. Product lead Sid Coelho-Prabhu announced that Coinbase Wallet now supports customizable wallet usernames for sending cryptocurrencies. He told, it will make crypto much easier to use and help drive adoption with mainstream audience. New support also includes an integration with ENS, allowing Coinbase Wallet users to send cryptocurrencies to .eth addresses. Read Full on CoinDesk.

3. Swiss Stock Exchange Partners with Omniex to Access Crypto Exchanges
Switzerland’s leading stock exchange, SIX Swiss Exchange, has partnered with Omniex a San Francisco based firm that develops trading platforms designed for institutional investors targeting the crypto asset markets. The partnership will provide the firm and its clients with a gateway to digital exchanges including crypto and market makers. SIX Executive Board member, Thomas Zeeb, stated that the exchange had identified a growing need in the market to access crypto. Read Full on Cointelegraph.

4. Binance’s CZ Overtakes Bitmain Co-Founder in New Hurun Rich List
While China now has more billionaires than the United States and India combined, Binance CEO might have more money than any crypto person, a new report says. Binance CEO Changpeng Zhao has overtaken Bitmain’s ousted co-founder Micree Zhan Ketuan in the latest Hurun Global Rich List. Issued on Feb. 26, the new Hurun Report’s list of 2,816 global billionaires includes six individuals who made their fortune from blockchain and crypto industry. Read Full on Cointelegraph.

5. Virgin Galactic Chair: Everyone Should Have 1% of Their Assets in Bitcoin
Chamath Palihapitiya, chairman of Virgin Galactic and former Facebook executive, explained that everyone should have 1% of their net worth invested in Bitcoin. He cited Bitcoin’s quality as a totally uncorrelated asset class, and the overuse of leverage in traditional finance as reasons to hedge with BTC. Palihapitiya says, if you allocate 1% of the assets in Bitcoin then it will protect you, because it will have a value of hundreds of thousands or millions of dollars per coin. Read Full on YouTube.

6. Iranian General Calls for use of Crypto to Evade Sanctions
An Iranian general Saeed Muhammad believes cryptocurrency is the way to bypass the sanctions on his country enforced by the United States of America. Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps, while addressing a crowd called for Iran to use cryptocurrencies to evade the economic sanctions. Sanctions imposed by the Trump administration have effectively isolated Iran from foreign trade and investment and the use of cryptocurrencies has been on the rise ever since as a way to circumvent them. Read Full on Cointelegraph.

7. Brave Browser is Better Than Chrome, Firefox & Safari for User Privacy: Study
Trinity College Dublin’s chair of computer systems and privacy expert, Dr. Douglas Leigth, compared some of the most popular browsers, like Chrome, Firefox, Safari, Microsoft Edge and Yandex in terms of how much personal data they share with backend servers, reached an unambiguous conclusion: Brave trumps competition. Brave also has it's blockchain based native coin, Basic Attention Token (BAT), a new way to value attention, connecting users, content creators, and advertisers. Read Full on Cointelegraph.

8. $500 Million Worth of Bitcoin Sold by Square App in 2019
Payment and mobile financial service company Square registered over half a billion dollars worth of bitcoin sales (~$516 million), translating to $8 million in gross profits – less than 2% of gross profit from subscription and transaction-based services. Square's 4Q earnings saw $178 million worth of bitcoin sold in the quarter, up ~20% from last quarter and 240% year over year. Square redesigned the Cash App to include shares trading had helped to drive the first-time bitcoin buyers as well. Read Full on The Block.

9. European money transfer firm Azimo now uses XRP
European money transfer firm Azimo will utilize Ripple’s On-Demand Liquidity (ODL) solution to settle cross-border payments using XRP into The Philippines. Ripple’s ODL solution has significantly reduced the cost and delivery time for cross-border transfers, and our customers are seeing the benefits,” said Richard Ambrose, CEO of Azimo. Ripple said ODL helps settle two currencies “within seconds” and has the potential to reduce liquidity costs by up to 60% compared to traditional banking solutions. Read Full on ripple.

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