Here is today's overview of the news from the world of cryptocurrencies. These include Bitcoin movements worth nearly half a billion dollars and an upcoming upgrade to the Stellar network.
In the last 24 hours before the editorial deadline, one of the biggest Bitcoin holders has moved a huge amount of coins. It was 76,519 Bitcoin with a total value of $ 415 million.
Shortly before, the bitcoin price had plummeted from $ 5,622 to $ 5,492. Bitcoin lost $ 2 billion in market capitalization.
The moving total was split into several transactions, the largest of which was 19,000 bitcoin. This Bitcoin had a total value of $ 102 million and was moved between two unknown wallets. Most other transactions took place between unknown wallets. Only one transaction was directed to a crypto exchange. The station apparently wanted to sell 2,520 bitcoins worth 13.6 million USD.
,000 🚨 🚨 🚨 🚨 🚨 🚨 🚨 ,000 ,000 ,000 ,000 ,000 19,000 #BTC (102,867.835 USD)
– Whale Alert (@whale_alert) April 24, 2019
The trader himself and the reason for the moves are still unknown.
Ripple Labs and Ripple XRP
Navin Gupta is the Managing Director of Ripple Labs for South Asia, the Middle East and North Africa. At an event in Dubai, Gupta talked about Ripple's cross-border payment solutions. Gupta emphasized the core objective of Ripple Labs. This is to make sending money as fast and easy as sending a simple e-mail.
The Ethereum Foundation has partnered with Protocol Labs. Together we want to work on a “Verifiable Delay Function” (VDF). This is an algorithm designed to protect blockchains from manipulation strategies and attacks.
The Penn Blockchain Conference was recently held in Philadelphia. At the conference, Litecoin inventor Charlie Lee talked about the past, present and future of Litecoin. He explained that the blockchain scaling solution from Litecoin was not yet fully developed. So he said:
“It's not solved yet. The Lightning Network is still in beta. There are still birth pains. We're working to solve Layer 2 and Layer 3 scale issues. If it comes to a new bull market this year, (…) there will again be high fees. “
The Stellar team is currently preparing to implement a core protocol update. The update is intended to bring stability and performance improvements. There should also be a number of network fee changes.
Mars Finance conducted an interview with Marcus Zhao. Zhao is the technical director of Tron. In the interview, Zhao announced new details about the recently announced Sun Network. Zhao explained that it is a Layer 2 scaling solution. This is intended as the basis for a tokenized reward system on BitTorrent. The main purpose is to increase the number of transactions per second. At the same time, they want to make the execution of smart contracts in the Tron network more efficient.
Here's an interview made by @Mars_Finance with @Marcus_ZhaoHong, technical director of #TRON public chain, wanna know what's the #TRON scaling solution? What is the purpose and importance of #DappChain? Check this out. #TRX $ TRX 👉https: //t.co/Ncgfh5bqIg
– TRON Foundation (@Tronfoundation) April 24, 2019
Author: Peter Joost – Source Post: https://www.kryptovergleich.org/415-millionen-usd-in-bitcoin-btc-waehrend-ploetzlichem-kryptoumschwung-bewegt-plus-ripple-xrp-tron-ethereum-stellar- and-Litecoin-update /
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