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Cryptocurrency News Today: Cardano (ADA), Jaxx, Litecoin, Petro, Ripple, Bitcoin, and More

Ripple (XRP) and Google Pay Partnership Update – Value Raises (News4C.com)
Ripple’s technology is being used by a large number of the world’s biggest budgetary institutions. Its makers seem to have played a game in cornering the market, with Google prone to be targeted straightaway. By turning into a necessary piece of Google Pay, notwithstanding its associations with MoneyGram, Western Union and other important banks, Ripple could basically be viewed as the body fueling the four wheels of worldwide finance. And the final product? An immense jump in the value of XRP.

Venezuelan Leader Claims Big Demand for Petro Cryptocurrency (CoinDesk.com)
Venezuela president Nicolas Maduro said the government has received more than 171,000 certified purchase orders for the petro, the country’s forthcoming cryptocurrency. In a Twitter post, the country’s leader claimed that 40.8 percent of the purchase orders were in U.S. dollars, 6.5 percent were in euros, 18.4 percent were in ethereum and 33.8 percent were in bitcoin. He further claimed that more than 3,500 companies placed bids for petro tokens. The remaining 82,000 purchasers are individuals, according to Venezuela-based news group teleSUR.

Pixabay/Public Domain

Pixabay/Public Domain

Litecoin Lists on Lykke Exchange (The-Blockchain.com)
Lykke, a Swiss FinTech company building a regulated, blockchain-based global marketplace, has added the market-leading Litecoin cryptocurrency to its exchange, along with other digital assets, according to an announcement released today. Lykke began actively expanding its list of assets from the beginning of this month, adding more than 30 new tokens. Litecoin is one of the top five cryptocurrencies in the world by value, with a market capitalization in excess of USD 2 billion, according to the statement. It is renowned for its faster transaction speeds relative to bitcoin and its ability to handle higher transaction volumes.

Cardano (ADA) Unique Cryptocurrency Getting Even Bigger (CryptoRecorder.com)
In a competitive world of cryptocurrencies, value is what a digital coin should constitute. Hype only shifts attention and has never been a sustainability tool. Cardano (ADA) is placed 6th in market cap slightly behind NEO at 6th while Ethereum is at position 2. NEO and Ethereum are currently warming their laurels while Cardano is working on their new releases coming up before the end of March. The Cardano meet ups scheduled every month, this months’ session should ring bells to what the community expects going forward. What is making Cardano (ADA) Valuable? The near 2000% growth for Cardano brought it into the lime light late last years. This could be the earliest reason why it is currently ranked at number 7 with a market capitalization of $8.793 million. The little known ADA has been steadily growing ever since.

Cheetah Mobile Blockchain Research Lab Issues Security Warning for Popular Cryptocurrency Wallets Jaxx and Bitcoin Wallet (BusinessWire.com)
PALO ALTO, Calif.–(BUSINESS WIRE)–Cheetah Mobile Blockchain Research Lab, the blockchain research arm of Cheetah Mobile, a leading mobile internet company with strong global vision, has announced the discovery of major security vulnerabilities in Bitcoin Wallet (Bitcoin.com wallet) and Jaxx Blockchain Wallet, two of the most popular mobile cryptocurrency wallets. The vulnerabilities were discovered while researching for a recently published white paper, which analyzed the security threats related to private key storage on mobile cryptocurrency wallets.

Algorithmia to Enable Trading of AI Algorithms on the Ethereum Blockchain (Siliconangle.com)
Artificial intelligence and machine learning algorithm marketplace provider Algorithmia Inc. today announced plans to leverage the Ethereum blockchain to facilitate its trade. Algorithmia’s marketplace allows researchers and developers to share the AI and ML algorithms they create and get paid when others use them, without worrying about the logistics of delivery. The company also provides analytics services to monitor usage of these models, in addition to an AI layer released in November that automates their deployment.

New Cryptocurrency Project APIS Fnds Fault in Qtum (CoinTelegraph.com)
A cryptocurrency company called APIS conducting its token presale on 00:00 (UTC+8), 20 Feb 2018 found a critical error on Qtum during the presale. Qtum is one of the most prominent cryptocurrencies on the market with more than $2B market cap. The presale was executed through smart contract on top of QTUM chain. Contributions were received in a first-come, first-served basis. Presale smart contract code. On competitive token sales, some participants exorbitantly raise their transaction fees to participate as priorities are given to transactions with higher transaction fees. This would effectively eliminate the likelyhood of small-capped investors to participate, so APIS decided to set a certain transaction fee(gas) limit for all participants.

Bitcoin on the Up as ‘SegWit Takeoff’ Causes Cryptocurrency Price Rebound (Metro.co.uk)
The price of Bitcoin has surged this week after an upgrade to the software which powers the cryptocurrency network. Bitcoin Core has just rolled out Segregated Witness (SegWit), which makes transactions cheaper and quicker. The announcement appears to have caused the price of Bitcoin to shoot up, before it dropped again today. This price increase has been dubbed the ‘SegWit takeoff’. At the time of writing, Bitcoin is worth just over $10,530 – which is still higher than the important $10,000 mark.

Ethereum-based Insurtech Etherisc Announces Token Event (IBTimes.co.uk)
Etherisc, the decentralized insurance platform, and the Decentralized Insurance Foundation have announced that registration is now open for the DIP Token Generating Event. Etherisc is not some fly-by-night ICO; it has emerged as one of the most important and innovative decentralised apps to be built on Ethereum. Etherisc was the winner of the Blockchain Oscar 2017 for most innovative blockchain startup.

‘Bitcoin Inventor’ Craig Wright Sued for $10bn by Family of Man Associated with the Cryptocurrency’s Creation (Telegraph.co.uk)
The man who claimed to have invented Bitcoin is being sued by the family of an IT security expert for $10billion. Craig Wright mined Bitcoins with a computer expert called David Klein, who died in 2013, and “perpetrated a scheme” to take 300,000 Bitcoin belonging to him, the lawsuit claimed. Mr Wright, who lives in London and runs a blockchain company called nChain, in 2016 said that he was the mysterious “Satoshi Nakomoto” who is believed to have fathered the first ever cryptocurrency.