Bitcoin, Crypto currency, Blockchain

News of the week in 5 minutes

97b13b1ab2f975801110fd85e99a5ba1 - News of the week in 5 minutes

The Blockchain and the crypto world is full of innovations, conjectures, and sometimes completely wrong predictions. If you missed the Top Stories this week, this article provides a comprehensive overview of the Top headlines. In the world of Cryptocurrency and the Blockchain, a lot has happened. Here is a brief summary of the events:

Coinbase is considering the Listing of these crypto-currencies

The leading crypto Exchange Coinbase has announced a review of the Listing of 31 Krytowährungen, including Ripple (XRP),. The California-based Exchange lists in the future, numerous Kryptos, including Dai, Mana, Neo and many more. Coinbase will work with local financial institutions and Supervisory authorities, the Assets in as many countries as possible to trading.

Coinbase is currently assessing the range of eligible Assets on the basis of the Digital Asset framework to be able to aspects such as security, Compliance, and the alignment of the project and the Vision of a public trading system for the world, to assess. Coinbase noted that the Listing of new Assets, much exploratory work, it requires both from a technical as well as from an approval point of view. On the official Coinbase Blog, it was said, that the company can not determine when or whether these Assets will be on Coinbase available.

Mastercard developed a method of cryptographic transactions to anonymize

Mastercard, an American multinational financial services company based in New York, USA, has developed a new method to anonymize crypto-currency transactions. According to the U.S. Patent and Trademark Office published a patent application the company has introduced a method for managing transactions on a Blockchain, which would anonymize both the starting point as well as the transaction amount.

The Patent describes that this anonymization method includes storing a Key pair containing a private Key and a public Key. Then, the anonymization routine is started and a Block in a Blockchain is created. This consists of a block header and one or more transaction data values. In addition, a defined transaction must contain a data value. The amount of the transaction is protected through the use of various Transfers, with additional destination addresses.

Speculation about Facebook and the crypto-market

The founder of Morgan Creek Digital, and Host of the popular “Off The Chain“ crypto-Podcasts Anthony Pompliano has declared that Facebook will eventually develop the “most widely used product in the crypto area.“ Facebook has recently advertised vacancies for Software engineers, specializing in Blockchain technology. Although the intention of Facebook is at this time unknown, have started the speculation already. Facebook began in mid-2016, to keep an eye on the Blockchain, as the company hired a single employee in the company’s development, with the exploration of the Blockchain technology. It was rumored that Facebook was already working in April on a crypto project on the Stellar network. Facebook has however denied the rumors and is hardly mentioned his own work in relation to the Blockchain.

Mike Dudas, the founder of “The Block“, a global Community of crypto and Blockchain enthusiast, tweeted the News about the setting of the Blockchain developers through Facebook and said that the settings has without a certain sense of purpose in pageantry. Anthony Pompliano promptly replied to that Tweet and said that he speculated that Facebook will bring the “most-used product in the crypto area.“

Unicef invested in 6 Blockchain companies

The United Nations International Children’s Emergency Fund (UNICEF) will invest up to $ 100,000 in a six-Blockchain-companies. According to a Monday press release, the six companies to Atix Labs, Onesmart, Prescrypto, Statwig, Utopixar and W3 Engineers, with the aim to build Open-Source models of Blockchain applications within the next 12 months.

Gold with Bitcoin buy – APMEX is working with Bitpay

BitPay, the world’s largest providers of Blockchain payments, works together with OneGold, a marketplace for the safe and convenient buying and selling of digital Gold and other precious metals, APMEX and Sprott. According to a press release, APMEX will now accept Bitcoin, and Bitcoin to Cash. The OneGold Online marketplace was designed for investors, and it combines the main advantages of physical Gold and silver with those of blockchain-based digital Assets.

Through the use of BitPay OneGold is protected now, before any Bitcoin price fluctuations and the choice of crypto-currencies currencies, Fiat or to use a Mix of both. If the company decides 100% Fiat-to choose currency are booked, the money holdings on the following business day to the Bank account of the company, minus a fee of 1%, BitPay as a usage fee.

Disclaimer: Because of the buying and trading crypto-currencies with a significant risk of loss goes hand in hand, we speak of crypto Ticker not a recommendation to buy from. Please inform yourself thoroughly, comprehensively and, above all, independently from various sources that you trust before the acquisition of a crypto-currency.

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