From a huge Bitcoin transfer to new adoption at Ripple, here’s a look at some of the stories breaking in the world of crypto.
Whale watchers are highlighting a massive Bitcoin transfer as a primary example of crypto’s advantages over traditional ways of moving capital.
A mysterious Bitcoin hodler long thought to be an anonymous whale who goes by the name “Loaded” moved 40,000 BTC worth $229 million for a fee of just 57 cents.
— Antoine Le Calvez (@khannib) May 1, 2019
The transfer required no permission from a middleman or big fees from a third party. It settled in a matter of minutes.
The transaction utilized Bitcoin’s scaling solution Segwit, a protocol designed to enable more Bitcoin transactions per block while reducing fees. According to the Segwit adoption tracker Woobull, about 40% of transactions on the Bitcoin network are now utilizing the technology, which launched in August of 2017.
The latest edition of EthHub Weekly is out, covering all things Ethereum.
The new post looks at developments on Ethereum 2.0 and a number of Ethereum-based platforms, including Gnosis, Maker and Loopring.
Ripple and XRP
Banesco Panamá says it’s the first bank in the region to test Ripple’s technology for cross-border payments, and plans to bring the tech to its customers in the near future.
The company has not confirmed whether they plan to use xCurrent or Ripple’s XRP-based xRapid.
Realizamos con éxito la 1ra prueba de funcionamiento de transferencias internacionales, a través de #Ripple con tecnología #Blockchain convirtiéndonos en el 1er banco de la región en hacerlo. Próximamente anunciaremos la disponibilidad de este innovador servicio💡 #BanescoInnova pic.twitter.com/Q2Igdd5edE
— Banesco Panamá (@BanescoPanama) May 3, 2019
The crypto data aggregator CoinGecko has set up a…