Despite the controversy of the Bitcoin Satoshi Vision (BSV) cryptocurrency, OKEx crypto exchange decided to use it. In the coming altcoin news, we see how and why.
Craig Wright began legally targeting those who attack his identity as the real Satoshi Nakamoto. Because of this, the crypto community now aims to delist BSV from all exchanges. However, OKEx partnered with the founder of RelayX Jack Liu in order to create the trading platform Float SV based on the BSV cryptocurrency.
The entire delisting campaign shows how the crypto industry is somewhat fragmented which leads to some companies to embrace any kinds of projects no matter the story behind them. Jack Liu rejoined OKEx in order to help boost the newest Float SV venture which is basically a BSV-based exchange.
The new platform will leverage OKEx’s nodes program which is a build-your-own exchange service. The participants will be able to help build the infrastructure and to share liquidity with the entire ecosystem. OKEx is among the biggest conductors of trading volume in the entire crypto space.
According to both of the partners, the new platform will be exclusive by listing only ‘’real assets’’:
“Float SV will deliver a real asset exchange experience by committing to only list blockchains running Proof of Work SHA256 and real assets such as commodities and currencies. Float SV will not list native tokens of other blockchains nor securities or STOs. A portion of Float exchange revenues will be reinvested into Proof of Work.”
Liu stated on the collaboration with OKEx:
“It is great to be back leveraging OK’s trusted and scalable exchange infrastructure with which I am very familiar with. Float SV can count on OK’s track record of being a neutral technology platform.”
Craig Wright, on the other hand, caused massive chaos in the crypto space by launching lawsuits against twitter user Hodlonaut and Peter McCormack. Both of the lawsuits are based on attacking the identity of Wright as the real Satoshi. Wright demanded of Hodlonaut to apologize publicly for ‘’ defamation.’’
BNB Coin Analysis: Altcoin Remains In Uptrend Despite Recent Decline
Meet Libra: Deep Technical Analysis Of Facebook’s Cryptocurrency
“Enable a simple global currency and financial infrastructure that empowers billions of people”According to Facebook, the Libra project is decentralized but on its basis is actually semi-decentralized since it is controlled by a handful of corporations. The founding members of the crypto project include payments with the help of Visa, PayPal, PayU, and Mastercard. Also, technology and marketplaces helped by eBay, Farfetch, Lyft, MercadoPago, Spotify and Uber Technologies. Next, telecommunications with the help of Vodafone group, blockchain with the help of Coinbase, Xapo Holdings Limited and Bison Trails. The new project is also supported by venture capitalists such as Breakthrough Initiatives, Ribbit Capital, Andreessen Horowitz, and Thrive Capital. As mentioned in the latest cryptocurrency news, the whitepaper says that the ultimate goal is to become permission less blockchain but prior to this Facebook will set up the validators in order to make sure they create a monopolistic position over the network. Any company with a $1 billion valuation can now join the Libra’s affiliation.
Famous Coincheck Theft Was Masterminded By Russian Hackers: Report
Ripple And MoneyGram Join Forces: $50M Investment On The Way
“Through Ripple’s xRapid product, we will have the ability to instantly settle funds from U.S. dollars to destination currencies on a 24/7 basis, which has the potential to revolutionize our operations and dramatically streamline our global liquidity management.”As the website shows, MoneyGram is the second largest payments firm in the world. The coming altcoin news and its partnership with Ripple will also help the blockchain firm to gain presence in more than 200 countries (where MoneyGram actively operates). Much of the company's business lies in the remittances market, which value is estimated at around $600 billion. The CEO of Ripple, Brad Garlinghouse, also shared his excitement about the new Ripple and MoneyGram partnership, stating:
“This strategic partnership will enable MoneyGram to greatly improve its operations and enable millions of people around the world to benefit from its improved efficiency. This is a huge milestone in helping to transform cross-border payments and I look forward to a long-term, very strategic partnership between our companies."Payment processing and sending money globally through the blockchain are definitely something that can be improved with this new partnership. By joining Ripple's growing and global network, financial institutions can process their customers' payments anywhere in the world instantly, reliably as well as cost-effectively.
Join us on Facebook
- BNB Coin Analysis: Altcoin Remains In Uptrend Despite Recent Decline
- Meet Libra: Deep Technical Analysis Of Facebook’s Cryptocurrency
- Crypto Stamp Collectibles Now Available On The ETH Blockchain
- Bitcoin Claims A New 2019 High, Other Altcoins Left In The Dust
- Tech Giants Opt for Ethereum: Why ETH is Still Behind BTC
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Ethereum News3 days ago
Ethereum Will Skyrocket By 70% Against BTC: Analyst Prediction
Bitcoin News4 days ago
Bitcoin Tax Evasion Will Be Criminally Punishable: IRS Warns
Altcoin News2 days ago
Hottest Cryptocurrency Is Up 330% This Year (And It’s Not Bitcoin)
Bitcoin News4 days ago
Weiss Ratings Upgrades Bitcoin From B- To B: Report
Altcoin News5 days ago
Bitcoin Wraps Around $8,200: Consolidation Could Happen Soon
Altcoin News3 days ago
Crypterium Launches A Global Crypto Payments Card
Altcoin News3 days ago
US Residents To Lose Access To Some Altcoins: Report
Altcoin News4 days ago
Bitcoin’s Worth Goes Beyond $8,500, Most Of The Altcoins See Loses