Bitcoin and cryptocurrency roundup: 22 February 2018
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.
A security firm has discovered an unfortunate potential vulnerability in recent versions of Microsoft Word.
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.
6. The world's oldest profession and the world's newest technology
- Expert analysis: Ethererum’s price is consolidating, not stagnating
- Bitcoin price drops as US hikes interest rates – are they connected?
- 4 tips to streamline your Australian cryptocurrency tax in 2021
- Bitcoin up 21%: Will El Salvador’s big news kick off a fresh bull run?
- Ethereum drops 13% but experts are convinced good news around the corner
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, NANO, SALT, BTC