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YouTube And Ripple Settle Their Lawsuit

Albert Brown
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YouTube And Ripple Settle Their Lawsuit

Ripple’s case against YouTube over crypto scammers impersonating Ripple’s CEO was ultimately settled quietly.

Scammers use Garlinghouse in their videos

Ripple’s CEO, named Brad Garlinghouse, tweeted on Tuesday that he has settled a lawsuit they filed against YouTube. They filed the lawsuit because of a deluge of videos in which scammers uploaded clips from Garlinghouse to promote various crypto.

Scammers using social media accounts to defraud people is not only known in the cryptocurrency world but also in the business world. For example, scammers have tried to impersonate CEOs such as Elon Musk and Richard Branson on social media.

Ripple and Garlinghouse filed suit against YouTube in April 2020. They claimed the Google-owned company is turning a blind eye to the problem. In addition, they even say they took advantage of it by letting the scammers buy keywords to help them target crypto enthusiasts.

In a series of tweets, Garlinghouse said the settlement would lead Ripple and YouTube to work together to prevent, detect and combat these scams. He said that Ripple is using a forensic company to track down stolen money related to the scandal. However, he added that social media companies should do more.

On a Tuesday, Garlinghouse shared that the legal settlement involves YouTube and Ripple to fund a non-profit organization dedicated to helping cybercrime victims.

Garlinghouse on social media companies

Garlinghouse expressed frustration with social media companies in general. He claimed they are very profitable and can afford to do more to monitor their platforms and kick the cheaters out. He described an incident where he personally reported a fake Garlinghouse account on Instagram. However, he was then informed that Instagram decided that the account was not impersonating him. Garlinghouse added that he has also received violent threats from those who cheated on the crypto scams. These people believed he had been involved.

I’ve been in Silicon Valley for 24 years. All major technology platforms must take responsibility not only for the good they do but also for the way they are misused.

Garlinghouse also said he was open to calls for Section 230 reform. This is a powerful law that protects technology companies from liability for the behavior of their users.

The settlement in the YouTube lawsuit came after a judge discarded an earlier version of Ripple’s lawsuit, citing section 230. In that ruling, the judge described how the scammers had taken over YouTube channels and filled them with fake Ripple content. Finally, he said:

“In some ways, YouTube is also a victim of the hijack.”

 

Wunderbit Review-Crypto Exchange And Automated Crypto Trading In One Place

Mark Brennan
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Wunderbit Review-Crypto Exchange And Automated Crypto Trading In One Place

Wunderbit is a crypto platform providing two primary services. Crypto exchange and automated crypto trading.

On the Wunderbit exchange, users can easily buy cryptocurrencies like BTC, ETH, LTC, BCH, BNB, and others with debit or credit cards.

On the other hand, Wunderbit trading is an automated crypto trading service. You can apply Wunderbit trading bots to your trading techniques or copy successful traders to maximize your returns.

Wunderbit is a fully licensed and regulated crypto trading platform that is safe and secure to buy crypto and perform bot trading.

For Wunderbit trading, the company also offers a free account with limited features. You can connect all the best crypto exchanges like Binance, Binance Futures, Deribit, Bybit, and many others (coming in detail below) with your Wunderbit trading account. You can integrate Trading View, copy successful traders, and set multiples alerts.

Wunderbit Services

Wunderbit is giving multiple services to crypto users. The principal services of Wunderbit are:

  • Wnderbit Exchange
  • Wunderbit Trading
  • Wunderbit Commerce

Let’s examine each service in detail, along with its features.

Wunderbit Exchange

Wunderbit exchange empowers users to buy Bitcoin and other cryptos with debit and credit cards.

The payment methods include VISA, Master Card, Skrill, and Bank transfer.

Wunderbit Exchange Features

The main features of Wunderbit exchange are:

Buy And Sell Crypto Instantly

Wunderbit allows you to buy and sell Bitcoin and other cryptocurrencies instantly. There are no complicated verifications methods, simple to navigate user interface, and no technical things to understand. Users need to account with Wunderbit with their email, set a password, verify their account, which takes less than ten minutes and start trading BTC.

Regulated Exchange

Wunderbit is a fully licensed exchange, so users don’t need to be afraid of any funds loss or exchange running away. Wunderbit has a license to provide exchange services between crypto and fiat currencies. Wunderbit is located in the Republic of Estonia, under the Estonian Financial Intelligence Unit, with EU regulated and secure Number FVR000332. Wunderbit complies with Transaction security laws, Anti-money laundering (AML) laws, data privacy, and security against frauds.

Buy Bitcoin Risk-Free 

Cryptocurrency adoption is increasing day by day, and so are the crypto scams. Hackers are more involved and functional in the crypto industry than any other niche. Many crypto exchanges are filled with dirty coins that are connected with money laundering and criminals. Such exchange activities raise legal issues and are forced to shut down or run away.

Wunderbit AML and KYC procedures ensure that every crypto purchased on the Wunderbit exchange is legitimate, giving users peace of mind and confidence in their crypto investments.

Wunderbit Exchange Security

When it comes to crypto exchange, the most anticipated question that comes to users’ minds is about the crypto exchange’s security. Not a single user will like to put his/her funds on an exchange that are not secure.

Crypto exchanges are the juiciest target for hackers. Every day crypto exchanges face hundreds of hacking attempts. Any crypto exchange must be equipped with the most advanced security measures to protect themselves and their users from hacking. Top cryptocurrency exchanges make sure to refund their users in case of any funds lost to cyber attacks.

Wunderbit exchange takes its security very seriously to protect users. They have applied the most developed techniques to safeguard themselves from hackers. Wunderbit does not store users’ crypto or fiat currency. When users buy crypto on Wunderbit, it is sent to user crypto wallets.

Wunderbit Payment Options

Wunderbit accepts all popular payment options, including payment with debit or credit cards, like Visa and Master cards. Skrill, Bank transfers, SEPA, and Bitcoin.

Wunderbit Fees and Commissions

Wunderbit fees and commissions are the lowest in the industry. Fees and commissions are transparent, reasonable, and they offer the best Bitcoin exchange rates.

Available Cryptocurrencies

Other than Bitcoin, users can comfortably buy Ethereum, Litecoin, Binance Coin, Bitcoin Cash, Ripple, Stellar, and Tron. With more cryptocurrencies coming soon.

How To Buy And Sell On Wunderbit Exchange

Buying and selling crypto on Wunderbit exchange is a straightforward process. Buying crypto is made simple on Wunderbit.

  • The first step is to make an account on the Wunderbit exchange. To do so, you only need your email. Enter your email and password, verify your email, and you are all done to start trading on the Wunderbit exchange.
  • The next step is to verify your identity. Enter your details. Provide your National ID, Driver’s License, or passport to support your facts. Once your account is verified, you can make your first transaction with Wunderbit.
  • Wunderbit allows you to buy and sell Bitcoin without KYC when using credit or debit cards. You’re only required to prove your identity when using Skrill or Wire transfer as a payment option for buying Bitcoin.
  • After making an account and completing KYC (if required), you can securely buy Bitcoin, Ethereum, Litecoin, Binance Coin, Bitcoin Cash, Ripple, Stellar, and Tron with Credit cards, SEPA bank transfer, and Skrill.
  • Buying Bitcoin and crypto with credit or debit cards only takes ten minutes on the Wunderbit exchange. This is the quickest option to buy Bitcoin on Wunderbit.
  • Charges of Buying Bitcoin and other crypto with SEPA Bank account are only 1%. These are the lowest charges of buying BTC with SEPA Bank account as compared to other crypto markets.
  • For corporate accounts, users need to make a personal account and verify the account, then write to info@Wunderbit.co to claim a corporate account.

Visit Wunderbit Exchange

Wunderbit Trading

Wunderbit Trading is crypto trading with bots.

Cryptocurrency is a tired less market that functions 24/7. There are no holidays, no rest, or sleeping time. A high-speed market where negligence and delay of even minutes are not accepted. To counter such fast pace market, human capabilities are not enough. No one can sit in front of their PC 24/7, seven days a week, to keep an eye on the market. Also, traders cannot monitor all profitable trading opportunities. So to deal with the crypto market Wunderbit has a feature of Wunderbit trading.

Wunderbit trading offers automated crypto trading that is crypto trading with bots. In Wunderbit trading, professional traders can use Wunderbit bots to automate their successful and profit-giving trading strategies.

Whereas new users can benefit from the copy trading option of Wunderbit trading. Where amateurs can copy techniques of professional traders and their bots to profit from crypto trading.

Visit Wunderbit Trading

Wunderbit Trading Features

Many features of Wunderbit trading makes this platform stand out in the automated crypto market. These features are:

Free Account/Zero Fees

The best thing about Wunderbit Trading is that it offers a free account with many features. Users can start automated trading for free on Wunderbit Trading.

All trading tools are free of charge, with No monthly fees and zero commission per trade. No other bot service (3commas, Cryptohopper, Tradesanta) provides such a unique characteristic.

A free account allows you to have:

  • Five open positions
  • Two active bots
  • 1 API per exchange
Do Manual trading with free access to Spot Trading, Futures Trading, trading terminal, Market entry, market close, and Take Profit/Stop Loss.
  • In bot trading, your free account gives access to Spot and Futures Trading, Take Profit/Stop Loss, TradingView alerts, Receive entry/exit signal from any source using webhook.
  • In Wunderbit, your free account grants you to show your signals and bots in the marketplace. It enables you to copy trading.
  • Your free account allows you to follow bots, follow traders, Edit strategies, Copy entry and exit signals as a copy trader.

That are so many attributes with a free account. Any user interested in bot trading can start automated crypto trading without spending a single penny and profit from copy trading.

Copy Trading

Copy-trading or Mirror trading is an excellent tool for beginners that don’t have enough knowledge of crypto trading, dealing with bots, and yet want to earn from trading with crypto bots.

Copy trading is like an autopilot where the user chooses a trader or bot that performance is profitable. The rest is done by Wunderbit advanced crypto copying trading system, which performs trading according to the skilled traders you follow.

Copy trading is an excellent way to start automated trading. You don’t need to do anything, copy a successful trader or bot and enjoy the fruits of their hard work.

Copy Trading on Wunderbit works in an uncomplicated way. If you follow any trader or bot then Wunderbit advanced crypto copying trading system will create all the orders on your exchange of the trader you are copying. The other good thing about Wunderbit trading is that you have complete control over these orders. You can edit or close these orders, put a stop loss, or exit from trades any time you want.

Copy Trading Features:

  • Wunderbit trading provides transparent and complete records of all traders. You can select traders in the marketplace by judging their past performance.
  • Copy trading is very secure as the Wunderbit trading bot only trades through APIs that don’t allow them to withdraw funds.
  • Copy trading is very straightforward, to begin with, and also profitable. Effortlessly customizable and stress-free as you don’t have to scan the entire market to find the most beneficial trades.

How To Start Copy Trading On Wunderbit?

  • To start copy trading on Wunderbit. You need to connect your Exchange API with Wunderbit trading.
  • In Wunderbit trading, select your role as Copy Trader.
  • Go to Wunderbit marketplace and select the trader or bot that you think is the best.
  • Find the follow button next to the stats of Traders and click on it to start copy trading.

Trading View Signals

Wunderbit trading provides its user’s option to connect trading view signals with their Wunderbit trading bots.

On the trading view, users can create predefined conditions for their trading. These trading strategies can be applied to any charts. Trading View helps you to backtest your trading strategy by providing complete results.

After creating a profitable trading strategy on Trading View, you can connect your Wunderbit trading bot with your successful trading view strategy. Whenever a specific buying and selling condition arises, your Wunderbit Bot will behave according to Trading View Signals’ input.

How To Link Trading View With Wunderbit?

  • After registering with Wunderbit trading, connect your desired exchange.
  • Go to the setting of your trading bot.
  • Link your Bit with trading view signals.

Dollar-Cost Averaging (DCA)

In Dollar-cost averaging (DCA), the user split his investment amount across periodic purchases of a target asset to avoid the crypto market’s high volatility. Suppose a user has 1000 USD and wants ETH. He buys ETH at 200 USD at an ETH price of $1800. Then he buys again when ETH falls to $1500 with 400 USD. This is DCA. This is a comprehensive strategy to purchase any assets and minimize risk.

Wunderbit trading allows you to perform a DCA strategy with Bots. Give suitable commands to your Wunderbit bot, and the bot will keep buying according to your predefined rules as the price falls.

Wunderbit Crypto Signal Marketplace

Like other top trading bot platforms like 3commas, Cryptohopper, Wunderbit offers a crypto signal marketplace.

Wunderbit crypto signal marketplace is a mixture of free and paid crypto signals and trading bots. Advanced users with successful trading strategies can sell their trading signals and bot. New users can copy any free or paid service to automate their trading.

Here copy traders can effortlessly follow the best crypto signals and bots. The Wunderbit Trading system will keep on copying all signals with the same settings in real-time as long as the signal provider provides the signals.

Managing Multiple Accounts

Wunderbit trading allows you to manage multiple exchange accounts at one time, manually with a smart trading terminal or automatically with bots. Wunderbit trading also permits you to track your crypto portfolio precisely.

Wunderbit Exchanges

Wunderbit trading offers a wide variety of exchanges, with many more coming soon.

Available Exchanges:

  • Binance
  • FTX
  • Binance Futures
  • Deribit
  • Bybit
  • Bitpanda Pro
  • Bittrex
  • FTX US
  • Kraken
  • HITBtc
  • OKex
  • Kucoin

Coming Soon

  • Poloniex
  • Bitfinex
  • Gemini
  • Coinbase Pro
  • Gate.io
  • Binance US
  • Huobi
  • Bitmex

Wunderbit Pricing

The main feature of Wunderbit trading is the free account that is discussed in detail above. Wunderbit trading free account has so many features that none other bot gives. Anyone interested in bot trading can make a free account on Wunderbit trading to start automated crypto trading for free.

Other than a free account, Wunderbit trading offers three pricing plans.

Basic Plan:

Wunderbit trading basic pricing plan cost $9.95/month with the following advantages:

  • 15 open positions
  • Five active bots
  • 2 API per exchange
  • Trailing stop
  • Multiple take profits
  • DCA trading terminal

Pro Plan:

Wunderbit trading pro pricing plan cost $24.95/month with the following benefits:

  • 100 open positions
  • 15 active bots
  • 5 API per exchange
  • A fixed amount (futures only)
  • Spread trading terminal
  • Swing trade

Premium Plan

Wunderbit trading premium pricing plan cost $44.95/month with the following benefits:

  • Unlimited open positions
  • Unlimited active bots
  • Unlimited API per exchange
  • Personal Tradingview Script Support

For more details on Wunderbit trading pricing, please visit: https://trading.wunderbit.co/en/account/subscription/pricing

Wunderbit Trading Roadmap

Wunderbit trading is continuously evolving. They are trying their best to compete in the crypto bot trading market. To challenge big names like 3commas and cryptohopper, they have to bring innovations to Wunderbit trading.

To achieve more success, Wunderbit trading has some goals for 2021.

  • Launching mobile apps for Andriod and iOS.
  • Integrating more crypto exchanges like Poloniex, Bitfinex, Gemini, Coinbase Pro, Gate.io, Binance US, Huobi, and Bitmex.
  • Desktop/Mac app.
  • Binance COIN-M Futures.
  • Grid bots.

Visit Wunderbit Trading

Wunderbit Commerce

The third service that Wunderbit present is Wunderbit commerce. This is a crypto payment service that provides individuals or businesses to receive payments in BTC or Euro.

How Wunderbit commerce Works?

Wunderbit commerce working is simple.

  • Register a business account on Wunderbit commerce.
  • Generate your invoices on the Wunderbit commerce platform and email them to your customers.
  • The invoices are tied to the Euro amount.
  • Receive payments in BTC or Euro from your customers.
  • Incase of BTC payments, Wunderbit commerce, converts BTC to EURO.
  • Receive payments in Euro in your bank account from Wunderbit commerce via SEPA bank transfers.

Businesses can efficiently integrate Wunderbit commerce on their websites to automate the payments process. Wunderbit commerce is available in more than 200 countries that also provide settlements in Euros.

Visit Wunderbit Commerce

Conclusion

Wunderbit is offering excellent services. They are trying to lead the instant crypto exchanges and automated trading market by providing outstanding services.

The Copy trading and free account of Wunderbit make this platform stand out of all trading bots. Anyone can open a free account on Wunderbit trading and start crypto trading with bots without any charges.

Copy trading is another great feature that allows any user to copy trading signals or bot from the Wunderbit marketplace and start earning profits without any technical knowledge of setting up bots.

Wunderbit trading is a great platform. We recommend trying its free account to get familiar with Wunderbit trading, apply trading strategies, copy profitable traders, start making profits, all for free.

Useful Links

Wunderbit Exchange

VWunderbit Trading

Wunderbit Trading FAQ’s

Wunderbit Commerce

Wunderbit Twitter

Wunderbit Facebook

FROGE Coin is now Live-Get it while it’s fresh

PR DESK
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FROGE Coin is now Live-Get it while it’s fresh

Today marks the launch of the biggest meme coin competitor- ​Froge Coin​. The blockchain is an all-in-one cryptosystem that will include a crypto coin and an up-to-date crypto blockchain. Yes, you heard that right! Froge is a crypto coin that’s sure to bring joy and happiness to all its users.

And that’s why there’s so much fuss around this coin in the crypto-world!

What is Froge Coin?

Froge coin​ is a cryptocurrency made by blockchain enthusiasts for the people. And if you haven’t already bought your first ‘happy’ coin, then here’s your chance to jump into this futuristic coin before the ship sets to sail. Aside from bringing happiness to the crypto-world, Froge has a lot in store for every Frogeton out there, including:

1. Intuitive User Experience

The Froge interface is designed so that even a newbie in the crypto-world will understand how it works. More importantly, the coin ensures you can leverage on the swings in the market, thereby growing your cryptocurrency Investment in a short time.

2. ​Biggest Meme Coin ever

With an exemplary interface and tech team behind it, Froge becomes one of the most significant meme coins and stiff competitors worldwide. The cryptos blockchain is so simplistic that it is hard to ignore. More importantly, the crypto has lots of laughter quotes that will surely crack you up every time you trade this coin.

3. ​Professional Tech Team

Froge coin is backed up by a professional and experienced tech team ready to ensure this crypto’s success. That means this platform is designed to take on the world with a perfect and capable support system. Froge still has a lot in stock for its users and will keep making necessary adjustments to improve user experiences.
Above all, the Froge coin community is ideal for crypto traders and investors to have a few laughs as they trade their coin. As we all know, too much work without play makes Jack (or, as we like to say,​ ​Naveen, the frog​) a dull boy!

The Hype around Froge Coin

Froge is currently the main talk in the crypto-world, and with good reason. I mean, who wouldn’t like to trade with a smile on their faces?

Froge takes away the nervousness that comes with trading cryptocurrency. Even when the market is against you, you can still afford a smile at the end of the day. That’s why most crypto-traders are excited and ready to ‘​hop ​ ‘ into this new crypto. Froge will soon be available in most exchanges, making it easy to access hence all the buzz.
So, what are you waiting for? Get your FROGES and jump to your crypto adventure! And if you want to always be up to date with its ingenious roadmap, then don’t forget to follow Froge on social media:

Twitter: twitter.com/frogetoshi

Telegram: t.me/frogethecoin

Reddit: reddit.com/r/Frogetoshi

Discord: discord.gg/NZZjxetZBt

Twitter CEO To Donate In BTC After Selling His First Ever Tweet As NFT

Albert Brown
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Twitter CEO To Donate In BTC After Selling His First Ever Tweet As NFT

Twitter CEO Jack Dorsey said on Tuesday he will convert proceeds from the digital auction of the first ever tweet on the platform to Bitcoin for charity.

“just setting up my twttr”-the first ever tweet went live for sale after Dorsey listed it as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs).

 



Twitter CEO Jack Dorsey announced that he will convert the money into Bitcoin that he will receive in exchange form the sale of non-fungible token (NFT), which he put up for sale last week. Those BTC will then be donated to GiveDirectly’s Africa campaign.

Dorsey, received bids for his NFT from many names, including Tron CEO Justin Sun.

Will buy Bitcoin on March 21

Jack Dorsey, “I’m setting up my Twtter.” He put his tweet on sale as NFT on March 6. Bridge Oracle CEO Sina Estavi made an offer of $2.5 million to purchase this NFT on the same day.

Twitter CEO announced that he will end the auction on March 21st.

 

The money from the sale of the NFT will be used to buy Bitcoins “immediately”. Dorsey will donate the BTC to GiveDirectly to support poor families affected by Covid-19 in East Africa.

GiveDirectly, which has organized a special campaign for these families, collected $119.6 million of its targeted $125 million donation.

AMD Is Developing Graphics Card For Mining ETH

Mark Brennan
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AMD Is Developing Graphics Card For Mining ETH

Following its main competitor, Nvidia, AMD may release a dedicated graphics card for mining ETH. To do this, the manufacturer will make changes to the Navi 12 video card.

According to the PC Gamer publication, the Navi 12 graphics card, which was introduced by AMD exclusively for Apple’s MacBook Pro, can be repurposed for ETH mining. The new version of the card will not have video outputs, it will not be able to be used for games.


AMD has not yet made an official statement about the release of a specialized card for mining. However, based on the published information about the AMDGPU core driver update, PC Gamer suggests that the new features of the Navi 12 graphics card make it an ideal candidate for ETH mining.

Back in January, it was reported that Nvidia is considering the possibility of resuming the production of video cards specialized for mining cryptocurrencies, if there is a demand for them. At the same time, Nvidia decided to deal with the shortage of video cards that are bought by miners to develop chips for mining.

Despite the growing profitability of ETH mining, Jon Peddie Research recently warned against investing in high-performance graphics cards for ETH mining. The firm’s analysts said that these expensive graphics cards will become useless once Ethereum switches to consensus proof of stake (PoS):

Ethereum, the most profitable coin for mining on video cards, will very soon switch to version 2.0, which will make video cards useless. It would be very stupid to invest in high-performance, energy-intensive video cards for mining ETH.

Recall that the first phase of Ethereum 2.0, the Beacon Chain was launched on December 1, 2020. The capabilities of Ethereum 2.0 will expand as the next phases are deployed.

Marlin (POND) Rise With Binance Listing News

Albert Brown
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Marlin (POND) Rise With Binance Listing News

Cryptocurrency exchange Binance has announced that it will list Marlin (POND). POND will initially be traded on the Binance Innovation Zone. The token price went up after the news.

What is Marlin (POND)?
Marlin is an open protocol that gives a top-performance programmable network infrastructure for DeFi and Web 3.0.

By optimizing the network layer, Marlin aims to deliver a decentralized web where applications secured via the blockchain are indistinguishable in terms of performance from Web 2.0. POND is the native utility token on the Marlin platform and is used for governance, rewards for incentivizing protocol participation, and staking to run nodes on the Marlin network.

Binance Listing

Binance will list Marlin (POND) in the Innovation Zone and will open trading for POND/USDT, POND/BUSD and POND/BTC trading pairs at 2021-03-09 8:00 AM (UTC).

The POND price gained 51 percent on the weekly chart and increased 22 percent in the 24-hour time frame. With a market value of $78 million, POND saw a daily trading volume of $57 million.
With a total supply of 3.1 billion, the circulating supply of POND is 434 million.

Chinese Meitu App Buys $40 Million In Bitcoin And Ethereum

Jakkk
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Chinese Meitu App Buys $40 Million In Bitcoin And Ethereum

Meitu announced that it has purchased 380 Bitcoin and 15,000 Ethereum.

Crypto investments from Meitu

Meitu is a technology company headquartered in China’s Fujian province. It announced yesterday that it has purchased $40 million worth of cryptocurrencies. Of that, it puts $22 million in Ethereum and $17.9 million in Bitcoin.


Meitu is a smartphone manufacturer and selfie app software company listed on the Hong Kong Stock Exchange since 2016. The company has a market cap of $11.76 billion and recently announced that it has purchased 380 Bitcoin and 15,000 Ethereum.

In a statement, the 8-year-old company said the board believes the blockchain could do for finance and technology, what cell phones did for the internet and other offline industries.

The Board believes that the blockchain industry is still in its early stages, compared to the mobile internet industry around 2005.

The company added that it only invested in the Bitcoin and Ethereum as they are the two largest cryptocurrencies by market capitalization, and these two cryptocurrencies would increase long-term shareholder value of company.

Investor Confidence

Meitu’s Bitcoin investment is part of its asset diversification strategy. The company has gained interest by looking at insurance companies and fund managers investing in blockchain, and by observing how companies have added it to their reserves or by accepting crypto as a form of payment.

Meitu said it felt the time was right to invest. This is because traditional banks now provide trading and custody services and regulators have better regulated the market. Both steps increase investor confidence in cryptocurrencies.

Report: Ripple Is Mentioned As A Possible Platform For Digital Euro

Mark Brennan
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Report: Ripple Is Mentioned As A Possible Platform For Digital Euro

CPA Australia, a professional accounting association based in Australia with more than 166,000 members in 150 countries around the world, recently released a report revealing that the French central bank has openly discussed Ripple and XRP as a possible platform for the digital euro.

The company states in the report that the world is entering a period of rapid technological change caused by the COVID-19 pandemic. The crisis has led to the widespread use of digital and contactless payment systems and the development of central bank digital currencies. The report is intended to provide an overview of innovations in digital currency from central banks.


Will The Ripple Network Be Used For A Digital Euro?

The report examines the relationship between Bitcoin, Ethereum, Ripple and stablecoins for CBDCs (central bank digital currencies). While Bitcoin is described by CPA as an overly volatile medium for exchange and storage of value, the report describes Ethereum as a fully decentralized blockchain-based software platform beyond any state control. The report also notes that the Reserve Bank of Australia has issued a statement that it is considering running a CBDC program on the Ethereum network.

In the section entitled “XRP – Ripple’s Digital Token”, CPA Australia refers to “Ripple” as an alternative platform to Ethereum on which a central bank’s digital currency can run.

“Ripple” is an alternative platform to Ethereum. The XRP token is used to facilitate payments. Ripple has its own proprietary technology – the Ripple Protocol consensus algorithm (RPCA) – to verify transactions.

Ripple is trusted by many banks as a model for the CBDCs because it is highly centralized and based on an authorized network where only certain network nodes can validate transactions, unlike decentralized networks like Bitcoin and Ethereum. Ripple also enables the creation of new currencies and Ripple developers can control the timing and quantity of the coins in the same way as current central bank operations.

France Has Mentioned Ripple As An option

As Ross Edwards, Ripple’s Global Head of Client Solutions, explained in a recent presentation, any financial institution can adapt the design of a CBDC proposed by Ripple to meet the demands or needs of a particular economic ecosystem or market. Depending on operational needs, a central bank can change the centralized or decentralized data set, consensus algorithm, accessibility and authorization.

However, the comment below in the report generates the most excitement:

The French central bank, Banque de France, has openly spoken of Ripple XRP as a potential platform for Europe’s central digital currency.

This statement reinforces the rumor that first surfaced in February 2020. At the time, Ripple was mentioned in a Banque de France report on CBDCs. If this rumor is true, it would be a great boost for Ripple and XRP investors.

5 Exciting Altcoin News To Follow This Week

Albert Brown
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5 Exciting Altcoin News To Follow This Week

Bitcoin and many altcoins have entered the new week with side way movement. The five altcoins we are focusing on for the week of March 8-14 are NEM, Polkadot, Theta Network, Tron and Avalanche, respectively.

NEM (XEM)

News This Week: On 15th March 2021, NEM is launching the Symbol public blockchain. A snapshot will be taken on March 12 for the Symbol project, which will be launched on March 15th.

1 XEM = 1 XEM + 1 XYM after Snapshot

Why To Follow: XEM users will be able to get 1 XYM for every 1 XEM they keep in their wallet on March 12. Symbol token will be sent to the new address created by the user while performing Opt-in. The opt-in transaction that can be made from NEM wallets is supported by exchanges such as Binance, Upbit, Huobi.

Read Details On: Nem Platform

Polkadot (DOT)

News This Week: The Polkadot team announced that a chain restart is planned early this week to include new network optimizations, although exact date is not provided.

 

Why To Follow: In the chain restart, some steps will be taken to optimize the Polkadot network. After the chain is restarted, 20 validators will be added per day until the number reaches 200. Their task will be to test the stability of the network. Polkadot will also hold an AMA on Ledger integration on Thursday.

Theta Network (THETA)

News This Week: Theta Network released version 2.2.0 last week. This update included random blocks reward. Random block reward feature will be enabled at block 9497418 (approximately 7–10pm Mar 10th, 2021 PST).

Why to follow: The timing and size of TFUEL awards will be changed. Node operators will continue to earn the same amount of TFUEL in the long run. The system to be established will not affect the proof-of-stake consensus mechanism used by Theta. Only TFUEL rewards will be changed to increase productivity.

Tron (TRX)

News This Week: Tron welcome users across the world to join TRON Century Mining and experience the speed and low-fees of the TRON network, live on March 8th, 2021 21:00 (SGT). The event is expected to last until June 7.

Why To Follow: Justin Sun promotes the event with the slogan “5-in-1 Mining”. Users will be able to use JustSwap.org to mine and provide liquidity on platforms such as JustLend.org, SUN.io. Users will be able to earn TRX, BTT, JST, SUN and WIN in one go.

Read More On: Tron Medium.

Avalanche (AVAX)

News This Week: Join DeFi-focused AMA on the Avalanche Telegram.

Why to follow: Iva Wisher, the founder of Prosper, will attend the event, which will be organized via Telegram. Based on Binance Smart Chain, Prosper allows users to create a liquidity pool.

 

Expected V3 Update Made UNI To Become The First Defi Coin In Top 10 Cryptocurrencies

Mark Brennan
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Expected V3 Update Made UNI To Become The First Defi Coin In Top 10 Cryptocurrencies

Uniswap (UNI) price increased to $35.75 on March 7, making All-Time-High (ATH). The Uniswap community is waiting for V3 update, whose details have not yet been released.

Uniswap, which has implemented V2 after the first release, may experience one more update. This news has helped UNI to achieve new All-Time-High.


Latest UNI price

UniSwap (UNI) gained 58 percent on the monthly chart and 52 percent on the weekly chart. According to CoinGecko data, the lowest and highest levels UNI saw during the week were $22.58 and $34.75, respectively.

UNI managed to rise to 8th place among Top 10 cryptocurrencies with its market value of $17 billion and positioned below XRP. The daily transaction volume of UNI is around 1.8 billion dollars.

The community is waiting for the details of the update

The Uniswap team has not yet provided complete details regarding the v3 update. Hayden Adams made a statement on Twitter regarding Uniswap V3:

 

Founded in 2018, Uniswap became the first decentralized exchange (DEX) to achieve a trade volume of more than $100 billion last month. The Defi exchange recorded a volume of $32 billion throughout February, 2021. Adams said that many things could change in the cryptocurrency industry in 2021.

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