1.Blockchain-Based Marketplace Robot Cache Will Have Over 700 Games at Launch
2.Germany’s Second Larget Stock Exchange To Develop Crypto Trading Platform
3.BCH Devs Publish Bi-Directional Payment Concept Based on IPFS
4.Hong Kong to tighten cryptocurrency rules
5.TRON (TRX) Reaches 100 Million Transactions After Gathering Momentum
1.Blockchain-Based Marketplace Robot Cache Will Have Over 700 Games at Launch
Robot Cache, a blockchain-based game platform founded back in January, is preparing to hit the market, with the explicit aim of pulling developers and gamers away from Steam.
Robot Cache features a game marketplace that allows publishers to retain 95% of a game’s sales. Based on recent announcements, this model has driven publisher adoption as RobotCache is now home to over 700 games from 23 different publishers, including Paradox Interactive, THQ Nordic, Devolver Digital and inXile Entertainment.
“These creators are bringing more than 700 great games to the platform at launch next year,” Robot Cache CEO Lee Jacobson said in a press release. “Their support means that we will be able to give gamers the largest launch library in the history of video games with even more to be announced soon.”
This blockchain fuels an in-platform marketplace that allows users to resell their digital content, granting a 25% refund in IRON tokens to the seller and another source of revenue for the game’s creator (70% of the resale value).
2.Germany’s Second Larget Stock Exchange To Develop Crypto Trading Platform. TD Ameritrade Exploring the XRP Space
Börse Stuttgart Group (BSG), the second largest stock exchange in Germany, has set up a strategic partnership with solarisBank to develop a zero-free crypto trading platform.
Alexander Höptner, CEO of BSG was quite enthusiastic about entering the world of crypto trading, mentioning that SolarisBank will be of great help to the successful development of this project:
“With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets. SolarisBank’s blockchain factory helps us to take the trade in cryptocurrencies and tokens to a new level and set standards in transparency and reliability.”
In the early phase, the project will support only Bitcoin and Ethereum. It is also important to note that BSG also stated that it is working on the development of a mobile trading app. The project, named BISON is being developed in collaboration with Sowa Labs, a software development company.
TD Ameritrade Claims to Be “Exploring” Digital Assets Like XRP
Responding to a tweet from one of its users, TD Ameritrade Network commented that they are exploring the possibility of adding support for XRP trading and are actively working to make these kinds of ideas a reality.
3.BCH Devs Publish Bi-Directional Payment Concept Based on IPFS
On Friday, Openbazaar and Bchd developer, Chris Pacia, revealed a new Bchd project feature currently in the making that would allow for Bitcoin Cash-based bi-directional payment channels. Moreover, in contrast to the Lightning Network, the Bchd developers explained that the team has created an overlay network based on the Inter-Planetary File System (IPFS).
The Bchd developer Chris Pacia has published a Medium post explaining a new bi-directional payment channel protocol for the Bitcoin Cash (BCH) network which they hope will be complete by early next year.
According to Pacia, it offers features like extensible peer identities, encrypted and authenticated connections, protocol multiplexing, stream multiplexing, and distributed hash table technology (DHT) techniques. The Gcash overlay section of the repository states that “using the overlay network in your app is dirt simple.”
4.Hong Kong to tighten cryptocurrency rules
HONG KONG — Hong Kong is set to tighten regulations on cryptocurrencies, with plans to put exchanges, traders and other related companies under the oversight of the Securities and Futures Commission.
With less stringent rules on digital currencies than mainland China, where all crypto-related commercial activities are effectively banned, Hong Kong has become a thriving market for initial coin offerings. But growing concerns over fraud and money laundering have prompted the regulator into action.
According to the SFC’s guidelines, investment funds will be required to obtain a license if more than 10% of the assets they manage are made up of bitcoin or other cryptocurrencies, and will be allowed to sell related products only to professional investors.
Under the voluntary scheme, exchanges will be able to test virtual currency products or services temporarily in a “regulatory sandbox” before deciding on whether to seek a license.
“The requirements of the SFC initiative may prove too burdensome for some operators”, said Timothy Loh, who manages a law firm in the territory. Some will decide not to join the new framework in order to maintain their current shares in the market.
5.TRON (TRX) Reaches 100 Million Transactions After Gathering Momentum
Justin Sun, the chief executive officer of the TRON Foundation, has recently revealed through microblogging platform Twitter that the TRX network has now processed over 100 million transactions.
Currently, according to CryptoCompare data, TRON’s TRX token is trading at $0.013 after rising 4.28% in the last 24-hour period.
As reported Sun has claimed a new upcoming TRX update will make the cryptocurrency “200x faster” than ETH. Late last month, he also claimed that TRX will have improved privacy in the first quarter of next year.
Notably it isn’t all good news for TRON. Earlier, Sun claimed a “partnership” with an “industry giant” was coming, making TRX’s price surge. Later on, it was revealed it was a simple cloud computing deal with Baidu. The move drew criticism online.
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