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1 August 2021
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Tether [USDT] beats Ethereum, XRP in terms of exchange volume


From a Bitcoin market call to a new defense of Ethereum and a big transfer of XRP, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin and Ethereum

Ethereum co-founder Joseph Lubin is putting all his cards on the table. Lubin took to Twitter to proclaim he believes the price of Bitcoin, Ethereum and the overall crypto markets have hit a bottom.

Lubin went on to give a fiery defense of the future of Ethereum and his Ethereum-based development studio ConsenSys, which recently announced a round of layoffs triggered by the bear market.

You can check out the complete tweetstorm here.

Ripple and XRP

One of the biggest microfinancial services provider in the Phillipines says it is partnering with Ripple.

According to BusinessMirror, Cebuana Lhuillier will join RippleNet and use Ripple’s xCurrent to power cross-border payments.

Meanwhile, the crypto exchange Kraken appears to have bought a boatload of XRP. According to the crypto whale tracker Whale Watch, Ripple just sent Kraken more than $11 million worth of XRP. Ripple owns about 60% of the total supply of XRP.

Bitcoin, Bitcoin Cash and Litecoin

A Brazilian supermarket chain is now reportedly accepting Bitcoin, Bitcoin Cash and Litecoin.

According to local news outlet Portal do Bitcoin, Oásis Supermercados will use the crypto payment processor Coinwise to process the transactions. The company has 90 employees and reportedly nets about $6.5 million a year.

On Wednesday, Coinwise also announced that it’s powering Bitcoin, Bitcoin Cash and Litecoin transactions at the pump for Rede EcoPosto.

IOTA

IOTA is dishing out a total of $220,000 to coders who can crack its new hash function called Troika.

The function is designed by the cyber security firm, Cybercrypt. You can check out the details here.

Tron

Tron just released its weekly report on the network’s decentralized apps.

According to DappRadar, there are currently 39 decentralized apps on the network. The most popular is TRONDice, with 2,216 users in the last 24 hours.

Source:The Daily Hodl

 



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