🗞 Daily Crypto News, March, 21st💰
- Indian Exchange Launches Lending Program for 5 Cryptocurrencies ;
- Facebook Seeks Counsel to Forge Blockchain Partnerships for New Products;
- Welcome to Athens: Tezos Completes ‘Historic’ First Blockchain Vote;
- Payment Service Square is Hiring Crypto Engineers, Offers Salaries in Bitcoin ;
- Redditors Call Out Reported Scam on Blockchain-Based Prediction Platform Augur ;
- 📑 Daily Crypto Calendar, March, 21st💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 Indian Exchange Launches Lending Program for 5 Cryptocurrencies
An Indian crypto exchange has launched a program that allows its users to earn interest on their cryptocurrencies held at the exchange. Initially, users can lend BTC, USDT, BNB, XRP, and ETH. The CEO of the exchange has shared details about this new offering with news.Bitcoin.com.
The CEO explained that his exchange has an internal settlement and liquidation mechanism for margin trading which does not have “a dedicated funding wallet,” elaborating:
"Funds are then lent to the users only when the margin trade is open, with no withdrawal access and hard liquidation with 7.5% maintenance margin."
🗞 Facebook Seeks Counsel to Forge Blockchain Partnerships for New Products
Facebook’s blockchain recruitment drive continues, as the social network looks to hire a lead commercial counsel for its initiatives with the technology.
A new job posting at the company’s career page says the position will be responsible for “drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to launch new products and expand such products internationally.”
🗞 Payment Service Square is Hiring Crypto Engineers, Offers Salaries in Bitcoin
United States-based payment platform Square is hiring cryptocurrency engineers and is offering to pay them in digital currency, according to a tweet published by Twitter and Square CEO Jack Dorsey on March 20.
In the tweet, Dorsey announces that “Square is hiring 3–4 crypto engineers and one designer to work full-time on open source contributions to the Bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in Bitcoin!”
Dorsey further commented that the decision to pay employees in digital currency is based on the intention “to make the broader crypto ecosystem better,” thus contributing to the Bitcoin (BTC) community.
🗞 Welcome to Athens: Tezos Completes ‘Historic’ First Blockchain Vote
The multimillion-dollar blockchain Tezos has officially concluded its first round of voting for two competing system-wide upgrade proposals.
Having raised a record fundraising amount of $232 million in an initial coin offering (ICO) in 2017, the Tezos blockchain officially launched last September. It was valued at over $1 billion at the time and presently sits at roughly $360 million in market capitalization, according to CoinMarketCap.
Not without its fair share of internal governance conflicts, today marks the official close of the first round of voting on the Tezos blockchain. The two proposals dubbed ‘Athens A’ and ‘Athens B’ are the first of its kind to undergo Tezos’ protocol amendment procedures, designed to roll out system-wide upgrades otherwise known as hard forks in an entirely automated and self-governing fashion.
🗞 Redditors Call Out Reported Scam on Blockchain-Based Prediction Platform Augur
At least one scammer is reportedly gaming other users on the blockchain-powered event betting platform Augur by creating deliberately invalid markets, according to a Reddit thread published on March 20.
Created by the non-profit Forecast Foundation, Augur is an Ethereum (ETH) mainnet-based predictions platform, which launched in July 2018. The platform allows users to stake tokens to bet on predictions of the outcome of a given event.
The reported scam entails a bad actor creating a predictions market that contains subtle contradictions or inconsistencies in its wording, which will ultimately lead to the market being declared invalid, and all staked funds thus being distributed evenly between betters.
David Gerard, author of the crypto- and blockchain-skeptic book, “Attack of the 50 Foot Blockchain,” has tweeted his sardonic response to news of the alleged scam, writing:
“Augur users shocked, shocked to discover that statements in words may have exploitable ambiguities when computerised, and that this opens their system to SCAMMERS!”
📑 Daily Crypto Calendar, March, 21st💰
"$DAPS #testnet goes live at 1 pm PDF on 20th of March!"
Multicoin Capital's Kyle Samani and Kadena CEO Will Martino debate PoW vs PoS live on March 20th @ 2pm ET.
"Staking QKC for votes starts on March 20, 2019. Early bird rewards will begin to calculate on the same day."
Dev team hosts weekly status update at 5 PM (MST) on current developments including Tritium mainnet and satellite launch.
"ICONLOOP is proud to take part in the '#AWS Partner Summit Seoul 2019'!"
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
We finally broke the resistance line today after several tries the last days and even weeks. We have now to see if that break will be confirm. We could see a pull back on the same line before a UP continuation. What is important to see now is that this line acts as a support and trigger a bounce if we touch it.
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@vlemon, More and more countries adopting Cryptocurrencies and if we see current scenario then definitely it will tell that the adoption rate is increasing rapidly. Future is reflecting very bright.
Amen 🙏 !
At one point they will compete with local currencies and it might be a lot fighting.
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Yes.
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