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Germany’s Second Larget Stock Exchange To Develop Crypto Trading Platform. TD Ameritrade Exploring the XRP Space

Börse Stuttgart Group (BSG), the second largest stock exchange in Germany, has set up a strategic partnership with solarisBank to develop a zero-free crypto trading platform.

Alexander Höptner, CEO of BSG was quite enthusiastic about entering the world of crypto trading, mentioning that SolarisBank will be of great help to the successful development of this project:

“With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets. SolarisBank’s blockchain factory helps us to take the trade in cryptocurrencies and tokens to a new level and set standards in transparency and reliability.”

In the early phase, the project will support only Bitcoin and Ethereum. BSG commented that the platform will be available to private and institutional investors expecting to broaden its client base and promote ecosystem growth.

It is also important to note that BSG also stated that it is working on the development of a mobile trading app. The project, named BISON is being developed in collaboration with Sowa Labs, a software development company.

TD Ameritrade Claims to Be “Exploring” Digital Assets Like XRP

Responding to a tweet from one of its users, TD Ameritrade Network commented that they are exploring the possibility of adding support for XRP trading and are actively working to make these kinds of ideas a reality.

The community’s growing interest in XRP is a sign that the token is gaining public acceptance and of course, institutions that adapt to these trends are the most likely to evolve in the ecosystem.

So far the TD Ameritrade team has not given more concrete statements, but the firm’s bullish stance towards Ripple’s token is of great importance to those who make investments focusing in the mid-term future.

TD Ameritrade’s response sparked positive reactions by Twitter users, especially among “fans” of the token who quickly expressed their enthusiasm assuring that this decision could increase the number of customers currently running the platform.

Right now XRP is being traded at around 0.29 USD per token. Its behavior has been quite stable during the last hours. According to data provided by TradingView such price is located near the Record lows for 2018.

The post Germany’s Second Larget Stock Exchange To Develop Crypto Trading Platform. TD Ameritrade Exploring the XRP Space appeared first on Ethereum World News.

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Ethereum and Bitcoin Successfully Run Atomic Swap – Cross Chain Altcoin Exchange

Altcoin Exchange – the virtual currency trading platform, reported that the team and developers have successfully run the first atomic cross-chain swap between blockchain – Bitcoin and Ethereum. The event that took place on October 7 2017, according to the team is the initiative step towards the formation of a no-need for a trusted third-party member to perform an exchange process.

As only various and not many exchanges have undergone and successfully run a similar swap, the cross chain atomic swap topic is becoming very hot throughout the cryptocurrency community.

The swap give the possibility two network to exchange tokens without a third party trusted member, concluding with no counterparty risk. Only a few have digital currencies have gone through a similar swap like Litecoin, Decred and vertcoin.

“We have completed the very first  Ethereum <> Bitcoin atomic swap! More details coming soon,” the Altcoin Exchange team announced this week.

During the event, 0.12345 BTC were exchanged for 0.12345 ETH finding usage of an on-chain open source process. Altcoin Exchange plans to launch the project’s Github repository this Tuesday, the company’s CEO Andrew Gazdecki told news.Bitcoin.com:

“Decentralized exchanges are the future of cryptocurrency trading and atomic swaps will be a big part of the business model.”

The until now known way of trading – traditional – will be replaced by the atomic swap which represent a more secure and speedy method of getting it done – according to Gazdecki.

There is quite some work left to be done on the privacy and matching order code, the team says. Altcoin Exchange do thank for the decred development team and Litecoin’s creator Charlie Lee for help pioneering the project:

“Since June of 2011, 26 exchanges have been compromised, resulting in the loss of millions of dollars worth of coins. To prevent more of these types of hacks, decentralized exchanges are needed, and atomic swaps bring us one step closer to achieving this goal,”

“What makes the technology behind Atomic Swaps so exciting is it allows for nearly instant direct trades between cryptocurrencies. We believe this to be a critical component for creating a truly decentralized exchange that executes transactions at the same speed in which centralized exchanges are able to but without the risk of hacking and theft.”

The atomic swaps performed by Altcoin Exchange between the bitcoin and ethereum blockchains can be viewed here with the swap initiation, the participation, and redeem Aand redeem B.

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