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February 12, 2019

Ex-Facebook Strategist Says Bitcoin and Crypto Tech Is ‘Limitless’, Plus Ripple and XRP, Tron, Ethereum, Litecoin, EOS, VeChain, Cardano: Crypto News Alert

By Daily Hodl Staff

From a crypto investor’s overview of Bitcoin to reports of big bonuses at Ripple, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

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Ex-Facebook product strategist Tomer Federman says Bitcoin and crypto have created “limitless” and “mind blowing” opportunities. In a new interview on the Hacker Noon Podcast, the CEO of crypto hedge fund Federman Capital says,

“When you take a step back, even with Bitcoin being, at the time of this recording, around $3500, generally, even last year, Bitcoin was worth $1000 at one point. Today, we’re still talking about an asset class that performs incredibly well over the past few years. I think this is just the beginning, as I said earlier.

Some of the projects I see right now and some of the opportunities are just limitless. The ability for people to transact with no intermediaries involved, and for the transactions to be recorded in an open way and settled almost immediately, the opportunities for building on top of the technology is just mind blowing. I’m super bullish on the space. I’m really excited about the opportunities. If people want to learn more, they definitely should look more into it. I remember people talking about the internet saying that it will never work, so I’m excited to see what’s next.”

Ripple and XRP

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Ripple is reportedly offering massive sign-on bonuses paid out in XRP to prospective new hires.

CoinDesk says an engineer who wants to remain anonymous showed the news outlet a recruiting email offering up to $3 million in XRP in addition to a generous salary.

Ripple says it’s going above and beyond to hire quality talent, but won’t comment on whether it offers XRP packages to employees.

“We move fast to acquire the best talent out there – especially considering the highly competitive nature of other startups who want to hire similar candidates.”

EOS

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EOS is highlighting a number of finalists at its global hackathon tournament. The latest overview is on Ducatur, a blockchain-based trading platform.

Cardano

IOHK, the company behind Cardano, says it’s releasing two crypto research papers next week. One will focus on crypto security, while the other will analyze blockchain use cases in the gambling indusrty.

VeChain

VeChain has announced a trio of new app development programs. The challenge [what challenge is this referring to? slight disconnect from preceding line.] will lead up to the platform’s 2019 Summit 2019, set for April 18 in San Francisco.

 

VeChain has announced a trio of new app development programs and a call-to-action for applicants who can win 100,000 to one million? VeThor Tokens (VTHO). Developers can submit their ideas and apply for the bounty here.

Tron

Tron CEO Justin Sun is reaching out to one of the victims of the fiasco at the crypto exchange QuadrigaCX.

Sun says he’s offering Tong Zhou a job at BitTorrent, where Zhou used to work. Zhou says he lost $422,000 in crypto when the exchange reported losing access to its digital assets after the death of its CEO.

Litecoin

Litecoin creator Charlie Lee has confirmed that privacy transactions on the network will be optional, and says there’s a lot more work to be done before the team has a proposal to show the community.

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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 losses 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.