Today is Friday and I hope all of you had a wonderful week.
Let's break down the most important crypto news for the week!
Here is what you need to know! Quick and concise!
Zappl
Decentralized Mirco-blogging social media app Zappl is now 100% funded.
Expect more announcements next week about development.
Poloniex Exodus
Due to a variety of problems for Poloniex users over the last few weeks, thousands are jumping ship and joining competitor Bittrex.
Expect this trend to continue.
Big Moves in the Markets
Last night and into this morning we saw some big moves in the crypto markets. Ethereum and Ether based tokens are doing extremely well. Litecoin continues to perform well and Ripple may finally be leveling off.
Decentralized Cryptocurrency Exchange Protocol 0x Goes Live
Perhaps one reason for the positive price movement of Ether and Ether based tokens, is the launch of Ox.
"0x OTC is designed to let counterparties exchange tokens built using the ERC20 token standard without the assistance of a centralized exchange. Users can generate and cryptographically sign and share orders using a variety of off-chain communication channels and execute the trades directly on the blockchain."
"At launch, users will be able to trade ERC20 ether tokens, MakerDao tokens, Melon tokens, 0x protocol tokens, Augur tokens, Digix DAO tokens and Golem Network tokens." Coindesk
Thousands of PCs infected with Trojan to mine Monero
While studying machines vulnerable to the EternalBlue attack researchers were surprised to discover another piece of malware known as Adylkuzz. Adylkuzz infects a computer and quickly enrolls the machine into a botnet.
In this case the botnet was harnessing the computational power of thousands of infected computers to mine the cryptocurrency Monero. The amount mined by each individual machine is small but when done on a massive scale it could generate large sums of untraceable cryptocurrency.
Cryptocurrency Market Cap Tops $60 Billion to Hit All Time High
Market cap "reached $63.6bn at one point during the day's trading, according to online data service CoinMarketCap, which represented a weekly, monthly and quarterly increase of roughly 18%, 115% and 220%, respectively." Coindesk
I hope you all have a great weekend!
If any other stories caught your eye, leave them in the comments below!