The CoinMarketCap Added New Tokens and Partners Up with VELA

coinmarketcap adds new tokens

The leading analytical portal CoinMarketCap announced on its Twitter account the addition of a new batch of cryptocurrencies:

Also, the resource CoinMarketCap has entered into a partnership with the provider of data on financial markets VELA. Due to the new cooperation, a new asset class will be added to the service SuperFeed.

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The UN Will Use Blockchain to Develop Healthcare in Africa

The United Nations division, the Office on Drugs and Crime is going to cooperate with the blockchain company doc.com in order to provide free and accessible healthcare and medical services in the Eastern regions of Africa.

Doc.com is a company that specializes In telemedicine and telepsychology. It uses blockchain to let the customers exchange their personal data for tokens, which will open access to various healthcare services.

The company is functioning in over 20 countries with around 130 thousand customers. The United Nations has been researching the ways to use blockchain for humanitarian causes, thus, this collaboration might become the salvation for poor African countries.

We remind you:

The UN Will Cooperate With the IOTA to Increase the Productivity of its Work

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Bithumb Won the Trial in the Case of a Major Crypto Attack

As reported by the Korean subdivision of CoinDesk, a customer of the South Korea-based cryptocurrency exchange Bithumb suffered a tremendous money loss at the end of 2017 due to a hacker attack.

Back in November of 2017, the hacked victim placed 478 million Korean won (426,600 dollars) to his account at Bithumb. Only a couple hours later, an unknown hacker broke into his account, exchanged the money to Ethereum and stole it. As a result, the poor Bithumb user was left only with 11 cents at his account.

In the attempt to bring his funds back, the victim tried to sue Bithumb. However, the exchange management used the Electronic Financial Transactions Act, according to which the exchange is not a financial company, thus, it is not responsible for the hacker attack and money loss. The court found Bithumb innocent.

We remind you:

Bithumb Outruns BitMEX in the Crypto Exchange Battle

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Bitcoin’s Lightning Network Is Growing: 500 BTC Has Been Passed

The Lightning Network of BTC, which is an emergency measure aimed at solving the problem of scalability is growing by leaps and bounds, passing more and more milestones on its way.

We have already reported about the previous successes of the Network:

Lightning Network of Bitcoin Blew Up: A 1600% Increase Since Last February

Today we have more exciting news. According to the data from 1ML, the Lightning Network has passed the point of 500 BTC in capacity, which is worth more than 2 million dollars. The number of available nodes has also skyrocketed. It is now 25%, which almost twice as much as it used to be before.

The Lightning Network is developing technically and gaining more popularity. In the recent couple of months, it has truly skyrocketed, judging by all the statistics.

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USD Might Soon Be Replaced by JPY as the Most Popular Currency Traded with BTC

When we talk about crypto to fiat trading or vice versa, in most cases we will refer to US dollar and Bitcoin, since these two are clearly the most popular options. However, USD might soon lose its leadership as the prime choice of BTC traders.

Japanese yen has always followed closely, being the second most popular fiat currency of crypto/fiat transactions. However, recently it has started to gain popularity at a high pace. According to the platform CoinHills, USD currently accounts for about 48% of transactions with BTC, where as the share of JPY is a bit more than 47%, which make it pretty much a tie.

Many experts now state that the Asian crypto market has really stepped up its game and now has a bigger influence on the industry than America and Europe. More and more traders are turning to JPY as a means to purchase crypto.

We remind you:

Japanese Crypto Exchange GMO Coin Resumes Trading BCH, Namely ABC Version of Bitcoin Cash

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Crypto Exchange Binance Added XRP As A Base Currency

Binance has posted an announcement stating that it has added Ripple’s coin as a base currency on the exchange. From now on, Ripple can be used to make purchases of other crypto listed on the platform. Binance allows users to enjoy the TRX/XRP (Tron) and XZC/XRP (Zcoin) pairs.

Let us look at XRP situation on the market:


Source: CoinMarketCap

The CEO of Binance, Changpeng Zhao, gave a hint at planning to make Ripple a primary asset earlier. The Ripple community had been waiting for this since then. Some Twitter users, called “C3|Nik” and “izombieXRP”, even asked him to do this, though Mr. Zhao did not respond to them.

Several days later, Zhao made an official statement via Twitter:

Even though some small crypto exchanges have already added Ripple with altcoins, but a top cryptocurrency exchange has made it for the first time.

We remind you:

Eight Blockchain Projects To Be Launched By Binance Labs To “Create A Strong Blockchain Ecosystem”

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Ant Financial Is Planning to Purchase the Fintech Firm WorldFirst

The subsidiary company of Alibaba, Ant Financial, is currently working on purchasing the UK-based international payment firm WorldFirst. Such a step will help Ant Financial to enter the European market and possibly even outrun its major participants.

WorldFirst is headquartered in the UK, but it has offices in Europe, America, Australia and the United States. Recently, it has become the first overseas payment company to receive a license for operating in China. WorldFirst is engaged in providing cross-border transactions services to different businesses, serving as a more convenient alternative to conventional financial institutions.

According to Financial Magnates, Ant Financial will have to spend around 700 million dollars for the purchase.

We remind you:

Alibaba’s Subsidiary Will Allocate $14 Billion to Develop the Blockchain Technology

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