TOR Browser Now Accepting Direct Donations and Other Crypto

The privacy-centric TOR browser has recently revealed that their browser is now accepting direct cryptocurrency donations as well as added new crypto accepted in their website.

The new option has been available since March 18, 2019 and according to Sarah Stevenson, Fund raising director at the TOR project it is something that the TOR community has been asking for.

Bitcoin has been accepted as a means of donations for several years now but the donations were processed by crypto payment processor BitPay that converts bitcoin payments into fiat.

With this new feature donors can now donate directly to the projects wallet, conversion of the donations will be made through Kraken exchange.

Stevenson states that both TOR and crypto communities value privacy so it makes sense for them to expand their cryptocurrency donation feature.

The cryptocurrencies that were supported was chosen through the request of the TOR community members as well as those supported by Kraken that can be converted into fiat.

CFTC Working Diligently In All Crypto-Related Applications

The commissioner of the U.S. Commodity Futures Trading Commission (CFTC) has recently revealed that the agency is working diligently to assist all cryptocurrency-related product in obtaining the necessary approval for launch in the U.S.

This includes Bakkt which is backed by the operator of the world’s largest stock exchange, Intercontinental Exchange.

This remark seem to allude that just because Bakkt is backed by a very powerful and influential business entity it will not have to go through the usual screening process of the agency.

He further adds that the agency needs to ensure that a crypto product, just like any other product that is traded on the markets meets all the standards.

Nonetheless Bakkt’s launched has been pushed back on several occasions due to regulatory concerns giving the impression that the agency are treating all applications it receive on equal footing regardless of who are backing them.

tZero Exchange To Launch Bitcoin Trading App Mid Year

According to tZero CEO Saum Noursalehi, his company will release its mobile trading application mid this year.

The application will enable users to buy and sell Bitcoin and possibly Ethereum.

tZERO is the security token platform of Overstock which has recently sold majority stake of their retail business to focus on blockchain technology.
The application of the company is being developed by Bitsy, a crypto startup in the portfolio of Overstock’s venture arm Medici Ventures.

It was revealed that one of the primary reasons why the company acquired Bitsy is to accelerate time to market the aforementioned mobile applications.

The will allow users to hold custody of their crypto wallet without relying on third party and will plug into a network of exchanges through tZERO’s partner SFox, an institutional trading platform.

tZERO plans to allow users to trade security tokens on its platform as well as traditional stocks when it acquires is broker-dealer license.

Japan’s SBI Holdings Establishing Crypto Mining Hardware Company

It has been reported that Japanese financial services giant SBI Holdings is getting into hardware manufacturing business through a subsidiary.

The new subsidiary will be called the SBI Mining Chip Co., Ltd. (SBIMC) and will be manufacturing crypto-mining chips as well as development of crypto mining systems.

SBIMC will be headed by Adam Traidman, a former NASA employee and former president of Chip Estimate Corporation.

According to Traidman the SBI Group will promote efficient, reliable and sustainable mining operations to develop a sound and sold cryptocurrency market.

This is not the first time SBI announced interest in crypto mining as it started a short-lived Bitcoin Cash mining operations back in February 2018 and stopped in September 2018.

However this did not dampen the corporations drive to be an active participant in the crypto space launching its own cryptocurrency trading platform VCTRADE.

Canadian Crypto Exchanges Supports 130+ XRP Trading Pairs

No one can deny the increasing popularity of XRP as one of the dominant cryptocurrency in the world in terms of market capitalization and industry support.

In fact it was able to usurp the second rank from Ethereum on several occasions.

The value proposition of XRP is simple: Secure, fast and cheap; the latter two are the two primary problems Bitcoin developers are trying to solve with second layer solutions such as the lightning network.

Due to what it brings into the table several financial institutions, both tradition and blockain-based, have supported XRP such as Coinfield of Canada which has positioned itself as the Coinbase of the country.

On a recent tweet the company revealed that it is adding a whopping 130+ trading pair with XRP the same number of pairs being traded with fiat and the only apparent crypto/crypto option.

The growing popularity of XRP cannot be denied even the CEO of one of the world biggest exchange, Binance, has recently expressed interest in working with XRP.

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