World’s Only Stable Cryptocurrency Redeemable for USD, TrueUSD, Now Directly Tradeable with Tether (PRWeb.com)
Since launching in early March, TrueUSD (TUSD) is proving its value by being quickly interchangeable and tradeable with top cryptocurrencies such as Bitcoin and Ethereum. The market has shown healthy demand for TUSD with average daily trade volumes around $1 million. Today, TrustToken is announcing that TUSD is directly tradeable with Tether on Bittrex. This pairing facilitates faster and cheaper transactions out of Tether and into TrueUSD, the world’s only legally-backed stable cryptocurrency.
US Tech Company Intel Files Patent To Reduce Bitcoin Mining Energy Use (CoinTelegraph.com)
US technology company Intel has filed a patent for a Bitcoin (BTC) mining hardware accelerator that would reduce the amount of electricity used in crypto mining by “reducing the space utilized and power consumed by Bitcoin mining hardware,” according to a US Patent and Trademark Office patent application released yesterday, March 29. The patent, originally filed on Sept. 23 of last year, seeks to solve the “challenge for miners” of “search[ing] through the entire nonce space in a brute force manner while minimizing energy consumption per hash and maximizing performance per watt.”
Ethereum Blockchain (ETHLend) Partners With Kyber Network (EthereumWorldNews.com)
In a bid to enhance better lending service, ETHLend, a network built with Ethereum blockchain with the aim of offering secured loan to user has partnered with Kyber Network, a decentralized Ethereum-based protocol that grants “instant exchange and conversion of digital assets (e.g. crypto tokens) and cryptocurrencies (e.g. Ether, Bitcoin, ZCash) with high liquidity.” The head of business at Kyber Network, TN Lee in a statement said, “We are proud to announce that our exchange will integrate with ETHLend to provide instant asset liquidation and token pairing in the first ever decentralized lending marketplace.” The partnership, which is a great addendum for ETHLend was stemmed by the altcoin’s recent update.
Request Network Launches Mainnet On Ethereum; More Blockchains Await REQ (CryptoCoinSpy.com)
On Friday, the Request Network Foundation continued its recent spate of encouraging news, releasing the inaugural version of their mainnet on top of the Ethereum main network. The beta of their mainnet enables users to send or request cryptocurrency payments. Whilst initially running on the Ethereum network, Request Network pleased readers by reaffirming that indeed, they “will extend Request Network so it is fully functional with all blockchains and payment/state channels,” because doing so complies with the Foundation’s “main mission” of wanting “to accelerate blockchain adoption in the financial industry.”
MailChimp Bans Cryptocurrency Advertising In Emails (MediaPost.com)
MailChimp roiled the cryptocurrency world late yesterday by banning email ads for the online currency. In its new acceptable use policy, the email provider says, “we cannot allow businesses involved in any aspect of the sale, transaction, exchange, storage, marketing or production of cryptocurrencies, virtual currencies, and any digital assets related to an Initial Coin Offering, to use MailChimp to facilitate or support any of those activities.”