Crypto News, July 24 2018: Green Day

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Highlights: WanChain2.0, Nano responds to scalability concerns, and there's a new NiceHash on the block.

Release: WanChain 2.0

Source: Medium

WanChain 2.0 is available now and is fully connected to the Ethereum blockchain. WanChain claims they “will eventually allow for seamless integration with almost any blockchain in existence” and enables a number of use cases, including decentralized exchanges, identity verification, and medical records storage.

Nano Developer Update

Source: Medium

Nano’s developer update this week responds to scalability concerns raised by users after heavy spam on Sunday, detailing their plans to optimize the network and reduce vote traffic. The update also includes a job opening for an iOs Android developer and a marketing plan to increase their presence in the Asian markets.

Launch: Waves 1.0.0

Source: Twitter

The Waves 1.0.0 client is officially out of beta. You can check it out by following the link in the tweet above. As per our usual experience with new launches, it didn’t work correctly when we tried it.

Update: Seriously, don't try it.

MEW Announces Smartphone App

Source: MEWconnect

MyEtherWallet has announced MEWconnect, an upcoming app for iOS and Android devices, offering client-side encryption to avoid exposing private keys with browsers. The app is open source and will be available this summer.

Google Cloud Announces DLT Solutions

Source: Google

Following yesterday’s report that Digital Asset would be bringing decentralized solutions to the Google Cloud Platform, Google further announced today the upcoming availability of distributed ledger technologies. They mention both Digital Asset and BlockApps as partners for this initiative.

Google Adds Coins to Conversion Search Feature

Source: Google

ETH, LTC, and BCH join BTC as “conversions you can get from Google.” In other words, searching for “300 LTC to USD” as linked above will immediately return the conversion on the search results page - no extra clicks required.

Samsung/CopPay Partnership: Not a Thing

Source: The Next Web

Last week we reported on a rumor that Samsung had partnered with CopPay and had begun accepting payments in crypto. Turns out, not so much. Samsung officially denied the existence of a partnership in a statement. For its part, CopPay insists the partnership is legitimate, and that the confusion is due to a “communication error” with a reseller.

Chinese City to Fund $1 Billion Blockchain Fund

Source: CoinDesk

The Chinese city of Nanjing is launching a $1 billion dollar fund to promote the growth and adoption of traditional businesses looking to implement blockchain solutions, and to fund other crypto projects. The funding comes from a mix of venture capital firms and the city government.

London Police Add Crypto Training Course

Source: City A.M.

The city of London has added a cryptocurrency training course for its police officers that will teach them “how to detect, seize and investigate the use of cryptocurrencies.” The officers requested the availability of such a course to help prepare them to work with digital assets when investigating financial crimes.

Telecom Company Launches Proprietary Blockchain

Source: CoinDesk

South Korean telecom company KT has launched its own blockchain, claiming a current rate of 2,500 TPS with potential to scale to 100,000 TPS by 2019. The KT blockchain will focus on identity verification, data roaming, and energy trading.

Binance May Launch Operations in South Korea

Source: Business Korea

Binance is reportedly planning to open “3 to 5” local branches in South Korea, increasing its presence in the crypto-friendly markets. CZ spoke about the significance of South Korea’s market in an event last June, and Binance added Korean language support last year. Why “3 to 5”? shrugs

I’ll Have What BitMEX Is Having

Source: Twitter

Cryptocurrency exchange BitMEX is reporting some certifiably insane numbers today, placing close to $1 billion dollars traded over a period of just one hour. (Pro tip: Comparing your hourly wages to this figure is a highly effective way to induce crippling depression/existential dread.)

Launch: Honeyminer

Source: Honeyminer

Honeyminer, a mining software service in the same vein as NiceHash, is now available. It allows users to mine without having to consider which mining pool to join or which coin to mine. Honeyminer converts and cashes out all mined currencies to Bitcoin.

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Written content adapted/edited by thepinkfreudian@thepinkfreudian.

Crypto News, July 24 2018: Green Day | Ecency