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Crypto News Flash: Bitcoin, Ethereum, Tron, Ripple, VeChain, Stellar, Waltonchain



From an SEC shout-out to a sudden departure for VeChain, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin (BTC)

The crypto community’s favorite SEC Commissioner Hester Peirce, affectionately called #CryptoMom, is reminding everyone that the Securities and Exchange Commission has a lot of questions about crypto, and is open to input.

Ethereum (ETH)

Microsoft says its new Blockchain as a Service (BaaS) tools allowing businesses to easily deploy instances of Ethereum won’t utilize the security of Proof-of-Work consensus algorithm.

According to software engineer Cody Bory, “An alternative protocol, Proof-of-Authority, is more suitable for permissioned networks where all consensus participants are known and reputable. Without the need for mining, Proof-of-Authority is more efficient while still retaining Byzantine fault tolerance.”

Tron (TRX)

Tron is touting a sharp rise in transaction volume, with the majority of exchanges having completed migrating their customer’s TRX tokens to the platform’s new blockchain. Here’s a look at the stats on Tronscan.

VeChain (VET)

One of India’s top cryptocurrency exchanges has suddenly announced it’s delisting VeChain without explanation. Withdrawals will officially be disabled on August 20th.

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Stellar (XLM)

BitcoinIRA, a company that allows people to build retirement funds based on crypto, says Stellar is already one of the most popular coins on its platform. Since adding XLM in June, the coin is already the company’s third most popular cryptocurrency.

Here’s a look at all eight coins now available on the platform.

Waltonchain (WTC)

Waltonchain has released an image of its blockchain-compatible RFID chip. The chip is designed to improve tracking and verification of products on the supply chain and also has a number of applications for the Internet of Things.

Ripple and XRP

Bitcoin Superstore is now accepting XRP as a payment option. The company says XRP hodlers can now spend their crypto at more than 200,000 online stores.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.

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