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Crypto News Flash: Bitcoin (BTC), Ethereum (ETH), Stellar (XLM), Litecoin (LTC), Cardano (ADA), Dash, Ethos

by Daily Hodl Staff
August 29, 2018
in Altcoins

From Bitcoin’s huge hash rate to crypto’s use case as a Swiss bank account for all, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin (BTC)

Bitcoin’s hash rate just hit 62 quintillion, a new record. That brings the total gain in August alone to more than 50% – a sign that the network is thriving and the number of Bitcoin miners is growing.

Ethereum (ETH)

Ethereum co-founder Gavin Wood just sat down with Bloomberg to talk about Ethereum and crypto at large. The conversation covers ICOs, blockchain scaling and the challenges of building a platform in a bear market.

Stellar (XLM)

The CEO of the Stellar-powered money transfer firm Tempo says he believes crypto will play a major role in the future of finance. In a recent interview with Finance Magnates, Anthony Barker says, “If you live in a country with inflation, or in a country [where the government] wants to steal your money, it’s sort of like a Swiss bank account for every person.”

Litecoin (LTC), Dash and Ethos

The universal crypto wallet platform Ethos is well on its way toward adding Litecoin and Dash. In a new update, the company says it is “now testing these two coins internally – placing them at 95% completion. Integration is right around the corner, and we are excited to bring the Ethos, Litecoin and Dash communities closer together.”

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Cardano (ADA)

Cardano founder Charles Hoskinson recently hosted a Q&A session at the Cardano Meetup in Tel Aviv. Hoskinson details his vision for Cardano and introduces Ouroboros, the platform’s new proof of stake algorithm.

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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, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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