Checkout.com joins Facebook’s Libra Association; Tether has issued about $1.5 billion in USDT during the month of April; DeFi protocol, dForce reimbursed its users after hacking This and more.
Checkout.com joins the Libra Association
Checkoutthe UK-based payment processor, today joined the Libra Association, the group of companies behind the Facebook.
In a official statement Guillaume Pousaz, the CEO of CheckoutHe commented that the company has always felt “fascinated with Blockchain and the potential benefits it could bring to global transaction processing“. The company is the first of its kind to join the Facebook after Mastercard, Visa y Stripe to withdraw from the Association last year.
Earlier this month, in response to concerns expressed by financial regulators, Facebook announced a restructuring of the cryptographic project. He now plans to issue multiple stablecoins backed by fiat currencies. St is not clear, however, whether the project will pass the regulators’ test. For Checkout This situation did not go unnoticed, as he pointed out in the press release:
…we strongly feel that regulation should be an integral part of any resulting framework, given its unique ability to protect the ecosystem from systemic abuse. In the absence of such regulation, we fundamentally believe that technological advances alone would not be able to provide the secure and stable payment infrastructure needed to drive mass adoption, thus impeding its progress. We greatly appreciate the opportunity to defend these views by joining the Libra.
dForce reimburses its users after hacking
After the piracy attack on the Decentralized Finance Protocol (DeFi), dForce, last week, the platform is compensating the victims.
To recap, on April 19th a hacker stole funds Bitcoin y Ether estimated at least USD $25 million to the project dForcea protocol of DeFi based in China. But in a curious twist of events, the attacker decided to return the funds 48 hours later because his identity would have been revealed by Singaporean researchers who found his team’s IP address.
Now, the project is returning the funds to their rightful owners, announced dForce on a tweet this Tuesday. In the meantime, refund requests will be handled on a first-come, first-served basis. To access refunds, platform users must request withdrawals by logging into the “Asset recovery system“.
Over 90% of assets have been distributed to users in less than 24 hours. 100% users have been made whole in the recovery. We will disclose more future actions shortly. Stay tuned. @CoinDesk @decryptmedia @Cointelegraph #DeFihttps://t.co/HgAnxIt4VV #LendfMe #dForce #DeFi
– dForce (@dForcenet) April 27, 2020
Samsung adds decentralized TRON applications
Samsung is adding support for decentralized applications (dapps) based on Tron to your mobile shop Galaxy Store. This was reported by several media outlets on Tuesday. The new feature will allow users of Samsung in Europe and the United States, interact with the Blockchain TRON.
Now, the thousands of smartphone and tablet users Samsung could download these dapps from a dedicated section of the Galaxy Store. For its part, the company reported that block chain games, such as Blockchain Cuties y Super Playerwill soon be available in the store. In addition, other dapps will be added in the near future.
The founder of Tron, Justin Sun, pointed out that the collaboration with Samsung he pointed out “to the next level by integrating both ecosystems together“. The founder also pointed out that the incorporation of the dapps in one of the largest application stores in the world would be a “.amazing opportunity“so that the ecosystem Tron.
Samsung, one of the companies in smartphones with sales of more than 295 million devices by 2019, has advanced in the integration of applications Blockchain. Last year the company launched Blockchain Keystore, a application to give users control over their private keys. And this year the model Galaxy 20which incorporates a new processor designed to protect keys Blockchain.
Tether reprint USD $1.5 billion in April
According to different reports, the stablecoin Tether (USDT) is issuing new currencies at a rapid pace. Only in the month of April, Tether has added about USD $1.5 billion, causing a massive influx of currencies into the market in the last month.
Following data from BeingCryptoThe mass printing of Tether has increased the balance historically, which today stands at USD $7.4 billion in USDT. According to this means, Tether has had to print about $40 million a day to reach the figure, and it seems to be accelerating.
Yesterday, Whale Alert popular account of Twitter that announces notable supply movements within the cryptomoney market, reported that Tether issued more coins. Within a period of 30 minutes In the first quarter of 2009, nearly 130 million coins (approximately USD 129 million) were printed. Today, again the issue of another USDT 50,000,000 was announced.
💵 💵 💵 💵 💵 💵 50,000,000 #USDT (50,217,501 USD) minted at Tether Treasury
– Whale Alert (@whale_alert) April 28, 2020
Although various media have reported a growing demand in the stablecoins In recent months, other coins of its type do not seem to be leading such accelerated efforts to issue new tokens. On the other hand, many enthusiasts and analysts interpret the issue of USDT as a possible indicator of the trend, up or down, that will take Bitcoinespecially with the event of Halving so few days away.