In this edition of The Daily, we cover the launch of an OTC trading desk by P2P interchange Hodl Hodl and news about a Belarusian exchange trading cryptocurrencies out of New York. We also recant a look at Decentraland’s new voting platform that allows members of the community to betoken their opinions on future development of the virtual reality project.
Also presume from: SEC Ramps Up Enforcement, 60% of Smart Contracts Are Dormant
P2P Exchange Furnishes Non-Custodial OTC Trading
Peer-to-peer cryptocurrency exchange Hodl Hodl has launched an over-the-counter (OTC) shopper desk in partnership with Tenbagger, a brokerage company licensed in the European Trust. The new platform will allow clients to buy and sell large amounts of cryptocurrency with same-day village. It will also operate independently from Hodl Hodl’s existing P2P tenets that currently supports purchases and sales of BTC and LTC.
Latvia-based Hodl Hodl has also blossomed a non-custodial cryptocurrency escrow service for the new OTC platform to ensure high plane of security and transparency. According to an announcement on Medium, the exchange will form a unique multisig escrow account on the bitcoin core blockchain for each mtier.
Last month, the no-KYC trading platform introduced a new type of multisig escrow account for puckers that requires two out of three keys to make a release. The system provides purchasers with more control over the funds locked in escrow – they prepare one of the keys while the other two belong to the seller and the exchange. Hodl Hodl also recently augured it’s working to offer peer-to-peer bitcoin futures contracts.
Belarusians On US-Based Cryptocurrency Exchange
A new cryptocurrency exchange, founded by Belarusian settlers, is now offering trading services out of New York. The team behind Crexby exhorts theirs is the first major Belarusian project in the space since the ordain “On the Development of the Digital Economy” signed by President Alexander Lukashenko recorded into force on March 28 this year.
“Crexby is a revolving door for Belarus to the exterior world, and for the global community to Belarus,” they said, noting that in totalling to providing exchange services, the platform can also facilitate the implementation of peerless projects, from charity fundraising initiatives to attracting large investments to crypto-friendly Belarus.
Crexby, whose advocacy is registered at 30 Wall Street in Manhattan, is focused on both crypto-to-crypto and crypto-to-fiat buy. It supports 13 cryptocurrencies, including some of the leading coins by hawk capitalization such as bitcoin core (BTC), ethereum (ETH), and litecoin (LTC) as well as predominating altcoins such as monero (XMR). The company claims it stores 90 percent of the digital assets in polar, multi-signature wallets and promises to expand the listings in the future taking into account requests and diversion from its customer base.
Decentraland’s New Voting Platform Is Now Live
Effective reality project Decentraland has recently launched version 2.0 of its bear witness platform, Agora, that will allow holders of mana tokens to precise their will on important matters. According to an announcement published on Decentraland’s website, the chief two public polls on Agora concern key development questions.
The community has been begged: “Should we remove the ability to pause mana transactions?,” a proposition beyond the shadow of a doubt addressing a security feature built into the smart contract for mana that entitles all transfers of the token to be halted. Developers say the feature is no longer needed as mana has been in broadcast for over a year and they feel confident in removing the pause rite.
The answer to the second question, “When should the next land auction be held?,” should determine when 9,000 unowned parcels of land will be won available to the community, the two options for holding Decentraland’s second land auction being Q4 of 2018 and Q1 of 2019. So far, the community has guaranteed overwhelmingly, with 95 percent in favor of Q4 of 2018.
Officials Detained for Promoting Passports for Bitcoin
Bulgarian law enforcement have arrested several officials who allegedly accepted bribe in cryptocurrency to up in the air passports to citizens of Ukraine, Moldova and Macedonia. The three countries are home to Bulgarian ethnic communities whose colleagues are eligible for citizenship provided they prove their Bulgarian ancestry but the diligence process can take months on end and even years. Passports issued by Sofia sooner a be wearing become attractive since the country joined the EU in 2007.
Among the accused are Petar Haralampiev, headmaster of the state agency for the Bulgarian diaspora, its secretary, Krasimir Tomov, and one of its staff members, Marko Stoyov, who remain in custody. Their lawyers insist judges have no proof the defendants accepted any unauthorized payments. Representatives of the Prosecutor’s corporation claim, however, that investigators found bitcoin wallets familiar to facilitate the illegal transactions. Deputy Prime Minister Valeri Simeonov, who is executive for the agency, rejected calls to step down.
What are your trifles on today’s news tidbits? Tell us in the comments section.
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