1.DDEX Exchange to fork oX(ZRX) and create new token(Hydro).
2.Global FinTech Blockchain Market Will Reach USD 8,311 Million By 2024: Zion.
3.Coinbase Adds Direct Crypto Conversions.
4.Blockstream Launches Asia-Pacific Satellite Coverage for Bitcoin Data.
1.DDEX Exchange to fork oX(ZRX) and create new token(Hydro).
DDEX, the largest exchange currently using 0x as its base currency, has announced plans to fork the protocol, remove the native ZRX token from its platform and to create a new token to be called Hydro in its place.
According to DDEX CEO Tian Li, the new token was chosen to reflect the improved fluidity it will bring to users as it containes an “engine capable of true matching, robust market orders, and a fundamentally different liquidity sharing model.”
Tian Li claims that he remains a supporter of the 0x team and was “thrilled to see 0x tackle such a wide range of important issues” but felt that their “perspective of what’s most urgent diverged.”
The CEO went on to explain that DDEX needed a cure for “order collision, front-running and poor liquidity,” with the latter likely qualifying as the most crucial element.
2.Global FinTech Blockchain Market Will Reach USD 8,311 Million By 2024: Zion Market Research
According to the report, the global FinTech blockchain market was valued at USD 204 million in 2017 and is expected to reach around USD 8,311 million by 2024, growing at a CAGR of around 69.72% between 2018 and 2024.
FinTech is considered as a promising solution that offers accurate solutions to the financial institutions in terms of mobile payments, crowdfunding, and distributed ledger, such as blockchain. It reduces the operational costs making it convenient for consumers and organizations.The blockchain is a future-proof technology that can be used by private organizations and individuals to build private financial networks. Large organizations could use it to build financial systems internally for employees or external vendors.
Some of the key players profiled in the global FinTech blockchain market are AWS, Microsoft, IBM, Ripple, Earthport, Chain, Bitfury, Oracle, BTL Group, RecordsKeeper, Applied Blockchain, Symboint, Factom, Alphapoint, Abra, Coinbase, and Auxesis Group.
3. Coinbase Adds Direct Crypto Conversions for BTC, ETH, ETC, LTC, ZRX and BCH
San Francisco-based Coinbase announced plans to reveal an announcement a day for the 12 days leading up to the holidays.
For the eighth day of announcements, Coinbase has revealed a new feature called Convert, which customers can use to convert one cryptocurrency to another.
According to the announcement, Coinbase users are now able to swap between Bitcoin and Ethereum , Ethereum Classic , Litecoin 0x ZRX or Bitcoin Cash .
The conversion feature is now available on Coinbase.com and on Coinbase’s iOS and Android apps. Conversions are made instantly and provide lower fees than the more traditional exchange transactions.
“We’ll be gradually rolling out the ability to convert cryptocurrencies to customers in all 34 countries in which Coinbase offers native payment access. We’ll gather customer feedback along the way and continue to iterate on the feature over time,” Coinbase added.
4.Blockstream Launches Asia-Pacific Satellite Coverage for Bitcoin Data
Blockstream, a leading developer of blockchain technologies, announced Monday that Phase 2 of the Blockstream Satellite network coverage is now live, bringing an alternative method for receiving the Bitcoin (BTC) blockchain to the Asia-Pacific region.
According to the announcement, the launch of the Asia-Pacific satellite joins the already active satellites covering North and South America, Europe and Africa.
With the launch of the Phase 2 expansion, Blockstream has also released the Blockstream Satellite API, a new broadcast service set to go live in January 2019. This API allows developers to access the Blockstream Satellite network to broadcast data to the whole world via the Lightning Network.
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