CryptoSlate Recap | Stellar leads in daily active accounts according to new estimates | Ripple signs-on third largest money transfer service to RippleNet | Bitcoin innovation has reduced tx fees
Welcome to CryptoSlate Recap, our daily, free newsletter containing links to some of the top blockchain stories on CryptoSlate and across the web.
Ripple signs-on third largest money transfer service to RippleNet
Ria Money Transfer, the third largest money transfer service in the world, joined RippleNet—a settlement layer facilitated by Ripple which streamlines payments through improved technical and operational standardization between participating institutions.
Stellar leads in daily active accounts according to new estimates
Daily active accounts for Stellar Lumens are grossly underrepresented by available charting tools, according to an analysis by OrbitLens. The group claims that active accounts for XLM should be 10x reported figures.
Innovation around Bitcoin has reduced tx fees, transactions at 2017 highs at 15% the cost
Bitcoin transactions are approaching all-time highs while fees remain low. The number of transactions conducted in April is comparable to the peak of the market in December of 2017, yet total BTC fees decreased by 85 percent. What changed?
After community outrage over delay, Digitex finds new developer for futures exchange platform
Russian software development and smart contract audit firm SmartDec has taken over the development of the Digitex Futures platform, the team recently announced. The news comes after days of fear, uncertainty, doubt, and a 58 percent drop in its DGTX token price over the past week.
ICYMI
⚡️ New crypto asset data features on CryptoSlate–trusted volume, NVT and crypto sector data
🤯 Tether and Bitfinex confirm USDT is not fully backed by fiat, only 74% of tethers backed with cash
⛏ Bitcoin Cash blocks tagged with “Satoshi Nakamoto,” rumors of impending attack
What else?
Alex Thorn looked at VC activity in the crypto space and noticed its lagging behind Bitcoin price.
Square reported a record $65.5 million in quarterly Bitcoin sales.
Renato Shirakashi introduced a new metric using spent outputs to predict Bitcoin local lows and topics.
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Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.