Good morning traders! Let's break the backbone of the week with a bang and see what's rolling around the globe.
Bitcoin Latina airdrop
What the hell is a Bitcoin Latina? It's something new to me as well. Upon a deeper dig, it's an Ethreum network fork. Yet it's named the Bitcoin Latina? Their Whitepaper explains more on this - apparently the ethreum network is more suitable for their use, but the spirit of Bitcoin matches their vision more.:
In the spirit of the original Bitcoin, our focus is on trustless, immutable, decentralized,
peer-to-peer networks of connected computing power; rewarded with a cryptocurrency for
work such as mining, writing code, referring others, community moderation, or otherwise
improving the network.
Apparently Bitcoin Latina goal is to provide blockchain toolsets, that suit best the needs of Latin America, support it's growth and enable the people there to gain control.
Now everybody with a Bitshares account can get part of their ecosystem and get an airdrop of 2 Bitcoin Latinas. Huh, Ethereum, Bitcoin and Bitshares all in one mix? Doesn't matter - go get them while they're young.
Visit the Bitcoin Latina site and claim your coins on their website: https://bitcoinlatina.org/
NB! I am not affiliated with them in any way, i'm just sharing the info.
JP Morgan has released a detailed 71-page publication "Decrypting Cryptocurrencies: Technology, Applications and Challenges".
I haven't read the full report myself, but scanning various finance portals, the report accepts blockchain and cryptocurrencies as the future, acknowledges multiple uses amongst which the most important ones are decentralization, fast cross-border payments, and peer-to-peer networks.
The report is out just in time when we are seeing more and more hedge fund inflows into crypto assets. Possible already soon in the near future, as regulations make their way to cryptos, said hedge funds will start diversifying their portfolios over cryptos more and more.
Via zerohedge.com
Read the short summary of the report on Finance Magnates or the longer one on Zerohedge
Bitcoin Cash has now an experimental Android wallet that focuses on the ease of use. One of the most prominent features is to transfer BCH from one user to another via using the built-in NFC functionality. This feature is just like handing some-one the cash, hence the name of the app - "Handcash".
Via Google Play
Feel free to try this one out, but remember - the app itself is still in beta, but transferring cryptos to your friend or as payment to someone close to you sounds neat when you don't have to mess around with the crazy wallet addresses right? Just keep it separate from your main funds until the beta tag is gone.
Thanks for pointing this one out, bitcoin.com.
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