Crypto News Flash: Bitcoin, Ethereum, Tron, Ripple, VeChain, Stellar, Waltonchain
From an SEC shout-out to a sudden departure for VeChain, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin (BTC)
The crypto community’s favorite SEC Commissioner Hester Peirce, affectionately called #CryptoMom, is reminding everyone that the Securities and Exchange Commission has a lot of questions about crypto, and is open to input.
SEC's Division of Investment Management has a lot of questions related to crypto funds. I'm happy that there's finally an online forum for people to respond: https://t.co/A78o4y1ulS
— Hester Peirce (@HesterPeirce) August 8, 2018
Peirce For President 2020 ✌🏽🇺🇸 #CryptoMom
— Jay Palani (@Jay_Palani) August 8, 2018
Ethereum (ETH)
Microsoft says its new Blockchain as a Service (BaaS) tools allowing businesses to easily deploy instances of Ethereum won’t utilize the security of Proof-of-Work consensus algorithm.
According to software engineer Cody Bory, “An alternative protocol, Proof-of-Authority, is more suitable for permissioned networks where all consensus participants are known and reputable. Without the need for mining, Proof-of-Authority is more efficient while still retaining Byzantine fault tolerance.”
Tron (TRX)
Tron is touting a sharp rise in transaction volume, with the majority of exchanges having completed migrating their customer’s TRX tokens to the platform’s new blockchain. Here’s a look at the stats on Tronscan.
VeChain (VET)
One of India’s top cryptocurrency exchanges has suddenly announced it’s delisting VeChain without explanation. Withdrawals will officially be disabled on August 20th.
(2/2) VeChain transaction deadlines on Zebpay exchange:
Disabling VeChain deposits: 9th Aug, 4 PM IST.
Disabling VeChain trading: 13th Aug, 4 PM IST.
Disabling VeChain withdrawals: 20th Aug, 4 PM IST.https://t.co/CsMIazXt0E— zebpay (@zebpay) August 8, 2018
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Stellar (XLM)
BitcoinIRA, a company that allows people to build retirement funds based on crypto, says Stellar is already one of the most popular coins on its platform. Since adding XLM in June, the coin is already the company’s third most popular cryptocurrency.
Here’s a look at all eight coins now available on the platform.
Waltonchain (WTC)
Waltonchain has released an image of its blockchain-compatible RFID chip. The chip is designed to improve tracking and verification of products on the supply chain and also has a number of applications for the Internet of Things.
Ripple and XRP
Bitcoin Superstore is now accepting XRP as a payment option. The company says XRP hodlers can now spend their crypto at more than 200,000 online stores.
Thank you for such a warm welcome to the #XRPCommunity!
We are excited to accept #XRP directly on our website and help push #cryptocurrency adoption!#xrpyarmy $XRP @Ripple pic.twitter.com/oMfYgZxK3u
— Bitcoin Superstore (@BitcoinSuperst1) August 7, 2018
