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March 29, 2019

XRP Payments Hit Gmail, Bitcoin Transactions Surge, and Tron’s Tesla Giveaway Morphs Into Crypto Fiasco

By Daily Hodl Staff

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XRP Hits Gmail

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After integrating XRP transfers with Microsoft’s flagship email app Outlook, the independent XRP developer known as SchlaubiD is now bringing the leading digital asset to Gmail.

Through a Google Chrome extension, users can now send XRP to one another through Gmail. The extension utilizes the XRP Tip Bot API, and allows users to send up to 5 XRP to anyone they want via email, even if the receiver doesn’t have an XRP address.

As with any new platform that enables the sending and receiving of cryptocurrencies, users will need to do their due diligence to make sure the transmission is secure.

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Bitcoin Transactions Surge

Crypto researchers say a company called Veriblock is largely responsible for a sharp rise in Bitcoin transactions. Veriblock is a tool designed to boost the security of altcoins by linking them to the Bitcoin blockchain.

According to Veriblock’s stats, the platform currently accounts for about 18% of Bitcoin’s total hashrate. The platform’s mainnet went live this week, creating an immediate jump in transactions, as monitored by Blockchain.com.

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Tron’s Tesla Debacle

Tron’s Tesla giveaway may be devolving into a crypto catastrophe.

On March 12th, Tron founder Justin Sun announced he would hand a free Tesla to a random Twitter user who followed and retweeted his announcement about the contest.

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Two weeks later, Sun used the tool TWrench to select the winner. But after the drawing, users began to point out inconsistencies in Sun’s selection process, as reported by Bloomberg. Sun posted and then deleted video of the drawing on Twitter, and Tron now says an archived video that briefly shows the winner before Sun actually starts the drawing is a fake.

Sun then went back to the drawing board and decided to select a second winner and disregard the first.

As a consolation prize, Sun is now offering the first winner a free plane ticket and admission to an upcoming Tron convention. But the user, who goes by the Twitter handle @uzgaroth, says he deserves the Tesla.

Tron has another giveaway on the horizon, and says it will air drop at least $20 million worth of Tether (USDT) on Tron’s blockchain to certain users who hold USDT from April 30th to May 4th.

Update: Justin Sun has announced he will give away two Teslas, one to each winner, to ensure the contest is fair.

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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.