Huobi Global has launched its own stablecoin called HUSD. Huobi claims that it is an integrated solution that is targeted at multiple stablecoins as it helps to eliminate the need to choose between multiple stablecoin and at the same time, it helps saving costs when switching between stablecoins.
Michael Arrington, founder of XRP Capital, has received a second subpeona from the SEC, again collecting information from them as investors in a U.S. company. The legal costs of dealing with these are not insignificant. They will not invest in any further U.S. deals until the SEC clarifies token rules.
MyEtherWallet and MyCrypto are two most popular websites that let you manage your Ethereum and ERC20 tokens. Today, folks behind MyEtherWallet have churned out MEWConnect for iPhone and Android.
There is major news coming and it is related to the upcoming hard fork for Ethereum blockchain. The block reward is going to be reduced to 2 ETH in this Constantinople hard fork. This update is intended to smoothen out the changes that will be happening from PoW to PoS – proof of work to proof of stake.
KuCoin crypto currency exchange has extended the lock-up period for the KuCoin shares held by founders and angel investors. The exchange has decided that these tokens will remain locked for an additional year, until September 2, 2019. This will definitely have a positive effect on the price of KuCoin Shares.
ELEC (Electrify Asia) is a utility token targeting the huge energy market in Asia. It will be using OMG wallet and Plasma network to deliver a scalable solution for maximizing returns for electricity producers whilst also saving customers money by ‘missing out the middle man’. Already has big partnerships including TEPCO (4th biggest global energy provider). Built on pre existing profitable business.
Until now, the best GPU for mining was the Nvidia GTX 1080Ti and while Nvidia Titan V yielded 30 percent more power, it cost 3x the money too. The new Nvidia RTX 2080Ti is many times more powerful than the Nvidia 1080Ti but it is not better in terms of mining. So just like the Nvidia Titan V, we may get around 30-50 percent more performance.
OmiseGO has released public v1.0.0 of their eWallet. So why is this considered news? That is because it is a white label eWallet development platform that is meant to plug into the OMG network. This means that company “xyz” can use this to create an eWallet with their logo on it and have it easily integrated into a network with massive interoperability.
Using phased approach, Bittrex added USD pairs for many top tier coins on their cryptocurrency exchange. Today, they have announced that they will be adding USD markets for both Ethereum Classic (ETC) and Ripple (XRP) on August 20 2018.
