The Litecoin Foundation announced a partnership with Bibox Exchange and the Ternio blockchain company to launch a crypto debit card.
Litecoin launches a crypto debit card
The product called “BlockCard” will allow users to spend cryptomonads both online and in physical stores around the world. Customers will be able to store the Litecoin (LTC) card, Bibox token and Ternio token (TERN).
Under the project, Bibox Exchange will act as custodian of user funds, and Ternio will provide a dedicated platform. The Litecoin and Bibox Exchange Foundation will integrate the card directly into Bibox Exchange and the official Litecoin wallet, LoafWallet.
Bancor restricts access for US customers
After a series of centralized exactions, DEF’s Bancor announces restricting services to US customers.
“American citizens domiciled in this country or US IP users will no longer be able to use the Bancor web application to convert tokens.
In the light of the increased regulatory uncertainty, we believe that restricting US users from executing conversions through our web interface is the most judicious decision for all members of the Bancor ecosystem at this time,
the Bancor blog is mentioned.
Users will, however, have the option to transfer cryptomonads and platforms.
The decision was partly based on the fact that the founder of DEX Ether Delta was accused of operating an unregistered exchange. Currently, US legislation is not clear enough for companies that offer peer-to-peer decentralized financial services.
BitTorrent creator Bram Cohen becomes the new CEO of Chia Network
BitTorrent creator Bram Cohen was named Chia Network CEO after leaving his previous director.
Cohen is the co-founder of Chia after leaving BitTorrent, a project that wants to create a less energy-consuming alternative than Bitcoin. Chia Tokens are generated by “farm”, not through the mining process used by other cryptomonas.
The project was funded with $ 3.4 million with the help of major investors such as Greylock Partners, Naval Ravikant and Andreessen Horowitz.
Hyperledger adds 10 new members like Microsoft and Salesforce
The Hyperledger initiative has announced that it has added new members, including Salesforce, Microsoft, Milligan Partners, Nornickel and Gloscad. The new associate members included the Ethereum Foundation and the Chinese Government Information Agency, the Chinese Academy of Information and Communications (CAICT).
Hyperledger is an open-source industry initiative that promotes blockchain technology, led by The Linux Foundation. The platform provides licensing or governance licensing systems for blockchain ecosystems.
The organization has more than 100 members, including Accenture, Airbus, American Express, Cisco, JP Morgan, IBM and Intel. It is a global collaboration that includes leaders in finance, banking, internet of things (IoT), supply chains, production and technology. Currently, Hyperledger is working on thirteen blockchain projects aimed at transforming the internet.
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