Twitter CEO Wrong on Bitcoin, Ethereum to Rule Cryptoverse, deVere Boss Contends (CryptoVest.com)
Twitter CEO Jack Dorsey is wrong to have such a bullish outlook on Bitcoin for Ethereum will rise to become the dominant cryptocurrency in the next decade, according to Nigel Green, founder and CEO of financial services group deVere. In an interview with The Times, Green dismissed Dorsey’s prediction that “the world ultimately will have a single currency” and that “will be Bitcoin.” “Unlike Jack Dorsey, I do not believe that Bitcoin will become the world’s sole currency in 10 years. The original cryptocurrency is likely to remain the most dominant one in the market for some time, especially with its scalability issues being tackled,” Green said.
This Gambling Platform Forked its own Blockchain to Beat the Competition (TheNextWeb.com)
For the dozens of new blockchain gambling operators, differentiation increasingly comes down to technology. Game innovation, speed, and fairness are important advantages. However, according to decentralized gambling exchange LetBet, all three of these features are limitations of the Ethereum blockchain. To solve this problem, LetBet has developed its own blockchain: “Libertas Chain.” It is a clever fork of the Ethereum blockchain that does away with the limitations and creates a platform that can be used not only for gambling but many other activities as well.
Ripple’s (XRP) xRapid To Gain More Ground As Western Union Partners GraceKennedy On Online Remittance (TheIndependentRepublic.com)
Financial giants Western Union and GraceKennedy Money Services (GKMS) are partnering to launch an innovative online remittance platform WU.com. The platform is scheduled to be lunched at the end of April this year. The development is coming after Western Union (WU) confirmed it is testing Ripple’s (XRP) Blockchain-based settlement system, Xrapid and XRP. The Ripple-Western Union Collaboration, is once in a lifetime partnership that Ripple and WU wont forget.
Here’s Why Bitcoin, Ethereum, and Ripple Are Falling Today (The Motley Fool)
After a stratospheric rise in late 2017, bitcoin and other cryptocurrencies have hit a bumpy road so far in 2018. And many of the big downward swings can be attributed to regulatory uncertainty, both in the U.S. and around the world. Thursday’s move is no exception. All but one of the 10 largest cryptocurrencies are in the red today, as two unsettling regulatory developments are weighing on the market. In a nutshell, unconfirmed reports indicate that Japan’s Financial Services Agency (FSA) is planning to warn Binance (which is based in Hong Kong) about operating without registration in the country. Japan’s FSA did indeed make cryptocurrency exchange registration mandatory last year, but Binance denies any knowledge of the supposed warning. In fact, CEO Changpeng Zhao tweeted that the company has been in “constructive dialogs” with the FSA, and has received no such warning.
Study: 70% of Crypto Exchanges Allow Weak Passwords (News.Bitcoin.com)
Over 70 percent of the leading cryptocurrency exchanges allow users to create accounts with weak passwords, a new study reveals. This leaves them exposed to financial theft due to unsafe password practices, the authors say. Less than half of the surveyed trading platforms provide password strength assessment tools.
