Bitcoin and cryptocurrency roundup: 22 February 2018

Posted: 22 February 2018 7:17 pm

What's going on today?

Ripple papers and partnerships, more exchanges getting SegWit, the unintentional Petro imitator, Microsoft Word's cryptojacking potential and the strong return of bitcoin's Korea premium.

1. Papers please, partner

Your wish is Ripple's command. It's inked five new global partnerships, but more significantly has taken a fairly drastic step towards decentralisation under pressure from the market.

This latter step is accompanied by the release of two research papers, detailing mathematical proofs of Ripple's network security and the benefits of its decentralisation moves.

2. "SegWitness me!" – Bitfinex and Coinbase

Implementation can be complicated, but well worth it according to experts in the space.

The move is expected to go a long way towards improving bitcoin transaction times and reducing fees.

3. It's alive!

The defunct PetroDollar coin has come back to life in a case of necromantic mistaken identity.

An abandoned petroleum cryptocurrency without any relation to Venezuela's Petro has seen its market cap quintuple almost immediately after Venezuela's Petro launch.

4. Word

A security firm has discovered an unfortunate potential vulnerability in recent versions of Microsoft Word.

Apparently it can now host code that enables cryptojacking scripts, and other nasties, to run in Microsoft Word documents.

5. Bitcoin sticks out its Bithumb and hitches a ride Upbit the price charts

The well known phenomenon of premium bitcoin prices in South Korea has been absent lately, much to the disappointment of arbitrage traders.

But following signs of regulatory softening in South Korea it seems to be back in force.

6. The world's oldest profession and the world's newest technology

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Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, NANO, SALT, BTC

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