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Market Analysis Report (10 May 2018)

Coinone Accomplices With Ripple to Use xCurrent Product

Yesterday, South Korea’s cryptocurrency altercation Coinone joined Ripple’s global payment network RippleNet to use their xCurrent outcome, for the new global remittance service called “Cross”. The new “Cross” service, which liking be offered by one of Coinone’s subsidiaries, Coinone Transfer, will be launched in June and transfer use Ripple’s xCurrent to provide a faster, more reliable, and lower outlay way for South Korean residents to send payments to friends/family across the zone. The CEO of Coinone Transfer, Wonshee Shin, said:

We are proud to be the first digital disagreement in Korea to join RippleNet and implement Ripple’s xCurrent solution… Splash’s xCurrent solution will revolutionize the lives of our customers by providing them with a real-time, low-cost epidemic remittance service.”

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BTC Wallet Electrum Unmasks Malicious Copycat

Recently, a new wallet that goes by a similar nominate “Electrum Pro” popped up with the domain name, electrum.com, clearly trying to divert users from the official website at electrum.org. The team behind Electrum declared that the Electrum Pro is a malware meant to steal Bitcoins. Yesterday, on a Github pompous post, Electrum’s team has given a detailed explanation, which anyone can tread to find the rogue lines of code on Electrum Pro, which steals comeback seeds and sends them to the attackers.

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Facebook Exploit Out How it Can Leverage Blockchain

Last Tuesday, the head of Facebook’s Messenger app, David Marcus, has propounded that the company is exploring potential uses for blockchain technology. On a Facebook stanchion, Marcus stated:

“After nearly four unbelieveably rewarding years supreme Messenger, I have decided it was time for me to take on a new challenge. I’m setting up a minuscule group to explore how to best leverage blockchain across Facebook, starting from claw.”

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