Cryptocurrency News Today: Cardano (ADA), Jaxx, Litecoin, Petro, Ripple, Bitcoin, and More

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Algorithmia to Enable Trading of AI Algorithms on the Ethereum Blockchain (Siliconangle.com)
Artificial intelligence and machine learning algorithm marketplace provider Algorithmia Inc. today announced plans to leverage the Ethereum blockchain to facilitate its trade. Algorithmia’s marketplace allows researchers and developers to share the AI and ML algorithms they create and get paid when others use them, without worrying about the logistics of delivery. The company also provides analytics services to monitor usage of these models, in addition to an AI layer released in November that automates their deployment.

New Cryptocurrency Project APIS Fnds Fault in Qtum (CoinTelegraph.com)
A cryptocurrency company called APIS conducting its token presale on 00:00 (UTC+8), 20 Feb 2018 found a critical error on Qtum during the presale. Qtum is one of the most prominent cryptocurrencies on the market with more than $2B market cap. The presale was executed through smart contract on top of QTUM chain. Contributions were received in a first-come, first-served basis. Presale smart contract code. On competitive token sales, some participants exorbitantly raise their transaction fees to participate as priorities are given to transactions with higher transaction fees. This would effectively eliminate the likelyhood of small-capped investors to participate, so APIS decided to set a certain transaction fee(gas) limit for all participants.

Bitcoin on the Up as ‘SegWit Takeoff’ Causes Cryptocurrency Price Rebound (Metro.co.uk)
The price of Bitcoin has surged this week after an upgrade to the software which powers the cryptocurrency network. Bitcoin Core has just rolled out Segregated Witness (SegWit), which makes transactions cheaper and quicker. The announcement appears to have caused the price of Bitcoin to shoot up, before it dropped again today. This price increase has been dubbed the ‘SegWit takeoff’. At the time of writing, Bitcoin is worth just over $10,530 – which is still higher than the important $10,000 mark.

Ethereum-based Insurtech Etherisc Announces Token Event (IBTimes.co.uk)
Etherisc, the decentralized insurance platform, and the Decentralized Insurance Foundation have announced that registration is now open for the DIP Token Generating Event. Etherisc is not some fly-by-night ICO; it has emerged as one of the most important and innovative decentralised apps to be built on Ethereum. Etherisc was the winner of the Blockchain Oscar 2017 for most innovative blockchain startup.

‘Bitcoin Inventor’ Craig Wright Sued for $10bn by Family of Man Associated with the Cryptocurrency’s Creation (Telegraph.co.uk)
The man who claimed to have invented Bitcoin is being sued by the family of an IT security expert for $10billion. Craig Wright mined Bitcoins with a computer expert called David Klein, who died in 2013, and “perpetrated a scheme” to take 300,000 Bitcoin belonging to him, the lawsuit claimed. Mr Wright, who lives in London and runs a blockchain company called nChain, in 2016 said that he was the mysterious “Satoshi Nakomoto” who is believed to have fathered the first ever cryptocurrency.

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