Crypto Friendly Food Delivery Sites
Purchasing goods and services online with cryptocurrency is a growing trend.
Take for example Pizzaforcoins.com based in California where you can order from major chains such as Domino’s Pizza hut and Papa John’s.
The platform claims to accept over 50 types of cryptocurrencies with its integration with Shapeshift.
This trend is not only happening in the United States.
In Europe, food ordering services veteran which is based in Amsterdam, Takeway.com accepts cryptocurrencies as well as its other subsidiaries.
These subsidiaries includes: takeaway Swiss edition, Lieferando in Germany, Pyszne.pl in Poland and Thuisbezorgd.nl in Netherlands.
There are also online delivery services in South Korean and Russian commonwealth that accepts cryptocurrencies.
For South Korea there is the Shuttle delivery which accepts Bitcoin Cash for their food delivery services. It is operating out of Seoul.
For Russia they have When Hungry, which is an international brand name of a relatively new delivery service.
Their platform is called Хочу Поесть (want to eat) which accepts ETH and its own digital token WHY.
The Real Reason For VanEck’s Bitcoin ETF Withdrawal
The whole cryptocurrency community has been waiting for a SEC approved Bitcoin ETF.
There had been many applications before but none was able to convince the SEC to approve them.
Many believe that the Bitcoin ETF that has the best chance of being approved was VanEck’s application to be traded on the CBOE exchange.
However, in a sudden turn of events the company withdraw their application citing the current government shutdown has affected their application.
However some pundits believe that the real reason of their withdrawal is because the company knew that they would probably get denied in their current application.
The government’s shutdown was just a convenient excuse for the company to withdraw its application as it is better to withdraw than get rejected which is bad press.
The company however expressed their intent of to apply in the future which it hopes will be a better timing to re-file its application.
The price of bitcoin did not react to the latest news despite the vital significance of the initiative.
It might be a sign that retail investors are becoming more sophisticated and do not easily affected with such developments.
Binance Will Support Hardware Wallets
One of the largest crypto exchange in the world by trade volume, Binance has recently released an update on the development of its planned Decentralized Exchange.
According to its CEO Changpeng Zhao (CZ) their soon-to-be released DEX will support hardware wallets immediately once it launches.
He took to twitter stating that Binance will support hardware wallets from day one of launch ensuring the private keys of its users will never leave their device.The young executive did not mention which hardware wallets will be supported but it is expected that the new DEX will support all the major cryptocurrency hardware such as Ledger, Trezor and KeepKey.
Users of BInance have been eagerly awaiting the release of the exchange since it was revealed last year.
CZ also states that he sees the new decentralized exchange to replace the existing centralized exchange of Binance.
Decentralized has gained much attention from the crypto community for the past few months due to the prospect of trading with one’s own private keys and digital assets never leaving the custody of their owners.
There is also hope that users will be able to skirt KYC but it seems that this is unrealistic at least in the U.S. where the SEC have already warned decentralized exchanges to comply with relevant legislation.
Crypto Investors Says No One Needs Bitcoin ETF And Bakkt
A passionate crypto believer and investor took to twitter to air what he thinks of bitcoin.
According toJason Smith, Bitcoin is non-inflationary and is pure digital money.
He explains that it is being used in places where users do not want to use fiat or any government issued Medium of Exchange.
He claims that Dream Market, a darknet-based market, merchants does not intend to liquidate their digital assets for U.S. dollars.
Smith also states that bitcoin does not need a fully regulated exchange-traded-fund nor a Wall Street-centri platform like Bakkt to ignite mass adoption.
What the ecosystem needs for widespread adoption is grassroot effort and the rise of government sponsored capital controls.
However not everyone agrees his view. According to Dan Held, the former product manager at Blockchain Company, Bitcoins reason for existence is to be an alternative to banks or a transaction settlement layer rather than digital form of cash.
He adds that pushing it as merely digital cash is counterproductive.
Software Suite Aiming For Double Digit Increase Of Hash Power
According to news reports online the blockchain organization Bloq Labs has recently released a beta version of a new software suite for crypto miners.
Dubbed as Titan it aims to maximize mining equipment hashrate by double digits with careful configuration and dynamic adjustments.
The Titan protocol is a software suite dedicated to overseeing cryptocurrency mining infrastructure.
If the software is configured correctly the software will be able to increase mining hash power by double digits.
This means that miners will be able to extract more mining productivity to their existing mining equipment especially to aging models.
Titan CEO Ryan Condron reveals that the team has been working on the project secretly for some time now and states that the software will make crypto mining easier, more profitable and more scalable.
It has already began accepting applications for beta testers of their platform and currently has 71 registrants so far.
The titan program is free to install for everyone but will gain profit from advanced hashrate production.
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