Crypto News Flash: Bitcoin, Ethereum, Ripple, VeChain, Cardano, Raiden, Binance Coin
From the return of Bitcoin’s mainstream mojo to an ambitious new initiative at VeChain, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin’s recent surge puts the world’s number one crypto by market cap back in the mainstream spotlight. Here’s a look at the new front page of the Wall Street Journal Business & Finance section.
Raiden (RDN) and Ethereum (ETH)
Raiden has released its final testnet for its Ethereum scaling solution, which is designed to alleviate many of the transaction-speed bottlenecks facing blockchain technology. The team says it’s still targeting this summer for the official release of Raiden’s mainnet.
The Raiden Red Eyes milestone testnet release is now live on the #ethereum Ropsten network. Please help us test it and report issues in our issue tracker. https://t.co/4V5AFjtZN3 https://t.co/bnXDxG73oK pic.twitter.com/YZMWIYCbSn
— Lefteris Karapetsas (@LefterisJP) July 19, 2018
Ripple has reportedly obtained a new trademark designed to describe the company’s proprietary technology. The phrase “Runs on Ripple” has officially been trademarked, according to the website Trademarkia.
VeChain says it’s backing a new blockchain-based ecosystem for the automotive industry called Cahrenheit. The technology will be powered by the VeChainThor blockchain and is designed to take “real world auto experience and utilities into a new era.”
— VeChain Foundation (@vechainofficial) July 19, 2018
OKEx is officially adding Cardano to its cryptocurrency exchange. The coin will be paired with Bitcoin, Ethereum, USDT, and the OKEx utility token OKB. Deposits are up and running tomorrow, trading starts on July 23rd and withdrawals will be enabled on the 24th.
Cardano (ADA) is now listed on OKEx.https://t.co/PKrU9yQAzA
— OKEx (@OKEx_) July 20, 2018
Binance Coin (BNB)
After completing its quarterly token burn of Binance Coin, Binance says it’s adjusting the BNB discount rate and launching a new tiered trading fee discount program. The discount rate will be adjusted from 50% to 25%. You can find details on the new discount program here.
— Binance (@binance) July 19, 2018
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.