General Market Outlook
A clear market correction took place over the past 24 hours. Consolidation phase seems to be underway. Bitcoin (BTC) is still right around $9,000 and Ethereum (ETH) has dipped to around $650. Most coins in the top 100 are in the red, but Basic Attention Token (BAT) sticks out as one that has been climbing all month, and sits up around 6% for the past 24 hours right now.
Mastercard Patents Faster Blockchain Transactions
Mastercard has been hard at work developing ways to keep up with cryptocurrencies. More Americans prefer credit cards to using cash, but this is probably just the last step to fully digital. The technology already exists to pay wirelessly with our cellphones, and the technology is already in place on many POS systems. To many people this is still all very new. Bitcoin is the extent of their knowledge. But all the interest, ICOs and institutional interest has been a long time coming. This patent was filed in October 2016. We can’t know exactly how long it took for employees at Mastercard to actually develop the technology.
UNICEF Crypto-Mining for Charity
The United Nations Children’s Fund’s initiative (UNICEF) created the HopePage to “allow Australians to provide help and hope to vulnerable children by simply opening the page while they are online.” Users dictate how much computer power they want to allot to mining cryptocurrencies for the project. Then just by staying on the webpage for the project, the computational donation happens continually. The system uses AuthedMine. It was created to provide browser based mining as a viable alternative for intrusive and annoying ads.
Power Ledger and Northwestern Deploy Clean Energy Blockchain
Power Ledger (POWR) has partnered with Northwestern University (NU), located in Evanston Illinois, to deploy the first commercial clean energy blockchain project in the United States. It’s being developed with the university’s Masters in Engineering program. Students have built commercial, utility-grade deployment to run across four of the University’s Master of Engineering Management Program buildings. Fully integration with Power Ledger’s software will be ready to launch within a couple months. The goal is to develop on-campus P2P trading and connection to external peers across multi-campus universities, museums, laboratories and more.
Top 5 Gainers
Network Token (NTWK) +81.11% at $0.019968
Ignis (IGNIS) +46.61% at $0.161791
DraftCoin (DFT) +38.42% at $0.216262
Bitair (BTCA) +38.23% at $0.000744
EDUCare (EKT) +37.48% at $0.105241
Top 5 Losers
Internet of Things (XOT) -60.88% at $485.44
Linx (LINX) -38.46% at $0.093238
HomeBlockCoin (HBC) -37.39% at $0.085899
VapersCoin (VPRC) -37.28% at $0.000240
BelugaPay (BBI) -32.69% at $0.359153
New Coins Listed
ConnectJob (CJT) listed to Yobit
DAO PlayMarket (PMT) listed to Yobit
Forty Seven Bank Token (FSBT) listed to IDEX
iBuildApp Network (IBA) listed to IDEX
Nebula AI (NBAI) listed to IDEX
Nexo (NEXO) listed to IDEX
Stellar Lumens (XLM) listed to Bitfinex
Verge (XVG) listed to Bitfinex
By: BGN Editorial Staff