Binance Releases Whitepaper for New “Smart Chain” – April 17

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,107

Bitcoin price has remained strong above the $7,000 mark, as it gains 1.4% over the last 24 hours of trading.

Top-20 altcoins appear to be awaiting their next move, with Ethereum and XRP both gaining less than 1% each. Tezos has made the largest move, gaining over 6%.

Top Stories for April 17, 2020 🔥

👉 Binance Releases Whitepaper for New “Smart Chain”

A new whitepaper released by Binance has shown plans to launch a new smart-contract enabled blockchain, which will run alongside the existing Binance Chain.

The new chain will add more flexible smart contract operability to their current blockchain platform, and adopt a 21-validator proof of staked authority (PoSA) system.

👉 Facebook’s Libra Project Adds Multiple Fiat-Backed Coins

Facebook’s Libra project has also released a new whitepaper, outlining a series of significant changes to the venture.

The most major of these is the shift from one stablecoin to multiple stablecoins, each backed by a single fiat currency. The coin will also no longer be permissionless, due to more stringent anti money-laundering and anti-terrorism protocols.

👉 Tether (USDT) Overtakes XRP for 3rd Larget Market Cap

Tether USDT has surpassed Ripple’s XRP to become the third-largest cryptocurrency in the world, as reported by OnChainFX, a coin tracker by Mesari.

Although XRP still holds the number three spot according to CoinMarketCap, some believe their data to be less reliable. A whopping $360m worth of Tether has been minted this week alone.

0 0 vote
Article Rating
guest
0 Comments
Inline Feedbacks
View all comments