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Nano (NANO) Updates: $5,750 Treasure Hunt in London and Amazing NANO Community Efforts

On the 7th of August, the London Block Exchange (LBX) teamed up with NANO to offer the first paring of Nano (NANO) with the GBP (British Pound). The LBX exchange allows users to also access their UK bank accounts in an efficient manner. To celebrate the listing of NANO on the exchange, LBX is launching the first ever UK Crypto hunt in London.

The treasure will be a Ledger Nano S that will be pre-loaded with £5,000 (Approximately $5,725) worth of NANO. LBX has issued the following instructions as to how the treasure hunt works:

London Block Exchange will release a series of FIVE cryptic riddles across various media channels over the next few weeks. The clues will hint at a special location in London and to win you’ll need to solve them and work out the winning password – which is written at the secret location. Clues have been deliberately constructed to have hidden/double meanings and every riddle has been carefully designed to become progressively easier to solve… so read them very carefully!

The first clue has already been provided by LBX:

Enter the dragon, ten corners his lair 
where 18th century stories are told
of traders and drinking,
of silver, of gold,
the riches in Nano are what you’ll find there

The second clue has also been released:

Head East from the beast that bears different form to the nine of its siblings in circular track. This journey will take you from cold towards warm, an indelible scripture, a linguistic picture; Go 17 forward and then look 4 back.

Anyone who cracks any of the 5 riddles will need to do the following to claim the prize.

  1. Write down the password onto a piece of paper
  2. Below the password write the phrase “NANO/GBP only at LBX.com”
  3. Take a selfie with the paper
  4. Tweet the photo to @LBXSocial using the hashtag #RealCryptoHunt
  5. More information to be obtained from the tweeter page of LBX

Nano Community creates website (NanoMate.co) to introduce anyone to Nano

Angus Russell, who is a software developer, has created a website that makes it easy for anyone to introduce their friends and family to NANO. All you have to do is send any of your non-crypto savvy friends and family some NANO via the site and they will receive a step-by-step guide as to how to retrieve it.

More information can be found on NanoMate.co.

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Why Ripple (XRP) Should Still Be In Your Crypto Portfolio

Times have been hard for any Ripple (XRP) HODLer who has seen the coin zoom past the competition and peak at $3.82 on January 4th, only to drop to $0.62 less than a month later on February 6th. This is a big drop in value (84%) for XRP in such a short time period. Some traders cashed out and headed for the hills; but there are the few who are still HODLing in anticipation of the $10 value predicted by SBI Holdings CEO and President,  Yashitaka Kitao.

So why should you still have XRP in your portfolio?

To begin with, the xRapid tests proved that it can save money remittance service providers anywhere from 40% to 70% in terms of transaction costs away from the traditional foreign exchange middle men. Also, the transactions that took 2 days was reduced to 2 – 3 minutes via xRapid.

Ethereum World News would then explore how xRapid works and found out that the service will be using the XRP in circulation. This means as the remittance service providers of Moneygram and Western Union start using the service, then it is a Moon Shot for the coin. The XRP for the transactions, will be sourced directly from the markets.

A second reason why you should still have XRP in your portfolio is the continual listing of the coin in exchanges and Mobile Wallet apps. XRP has just been listed on the Revolut App that is based in the UK. Also to add, is the listing on the LMAX Exchange also from the U.K, that has a target customer base of institutional investors. Another exchange worthy of mentioning, is the highly anticipated SBI Virtual Currencies exchange that has been scheduled for release this Summer.

Yashitaka Kitao, the CEO of SBI Holdings, has promised that this exchange shall be number one.

The third, and not the last reason why you should still HODL XRP, is the vision of interoperability held by not only David Schwartz who is a key cryptographer at Ripple, but by the entire project. Ripple was envisioned itself as being the one stop solution for cross-cryptocurrency payments.

Mr. Schwartz had this to say about interoperability at the recently concluded TNW Conference in Amsterdam:

From the earliest days our vision was to create a cross currency system built on interoperability. There should be a system where paying in any currency is possible.

So there you have it ladies and gentlemen. These are a few – but not all – the reasons why you should still have XRP in your portfolio. What is a high possibility, is that XRP will be the choice in the future for all remittance services around the globe.

To The Moon!

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Tron (TRX) Airdrop To Ethereum Community Ongoing as Bitfinex Supports Token Migration

The Month Of May should be renamed Tron Month as the news and announcements about the project keep coming at an exponential rate. This in turn helps to boost the value of the token in the numerous exchanges. Current market analysis puts Tron (TRX) at a value of $0.088 and down 7.16% in 24 hours. TRX has since edged out IOTA from the number 10 spot and even climbed a position higher to bask comfortably at the number 9 position on coinmarketcap.com.

With such achievements mentioned above, making it to the top 5 is a possibility in the coming months.

As the momentum gathers with the Tron project, the team is showing their gratitude to the Ethereum community by issuing a 30 Million TRX Airdrop that is currently ongoing. In a tweet today, Justin Sun expressed his gratitude to the community and explained that the airdrop was experiencing some network delays. In the Tweet, he said:

Progress Report: #TRON 30M #TRX Airdrop to #ETHEREUM Community, people who didn’t get #TRX airdrop, please bear with us as we work through #ETH congestion issues. Thank you for your patience!

Due to the mentioned congestion issues, the Tron foundation has only managed to distribute approximately 4% of the scheduled amount to qualified Ethereum users. The Airdrops began on April 27th and the Tron foundation have increased mining fees to accelerate the process.

Additional news indicate that popular cryptocurrency exchange, Bitfinex, will fully support the TRX token migration scheduled for the 21st of June this year. Bittrex exchange is also supporting the token migration. It looks like it will be smooth sailing during the event.

In conclusion, the Tron project is on track to being one of the most exciting crypto projects to grace the crypto-verse. The leadership and constant communication witnessed through Justin Sun and the Tron team has truly boosted investor confidence for all the HODLers and all who wish to create Decentralized Applications on the Main Net version of the network that launches on the 31st of May this year.

Speculation is high for the future price of the token, and later coin, with HODLers even dreaming of a day when TRX will be valued at $1.

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Esctoin Turned Down: Euro is the Currency for the Euro Zone

Its been a while that Kaspar Korjus Estonian president of the e-residency program gave out the news and idea of a country digital currency to be developed – Estcoin.

When the information met Mario Draghi the president of ECB, he was very clear and on point for the answer and outcome of the whole program:

“No member state can introduce its own currency; the currency of the euro zone is the euro.”

Estcoin – was planned to (if possible) be used as a virtual currency for the country and a way for citizens to notarize virtual documents on a global scale.

The moment that Estcoin could come to application would be a history mark for the cryptocurrency industry, community and state-range adoption. But it seems that, the Eurozone can not allow such a financial function to be enabled and proceed even with its benefits. Together with China’s Initial Coin Offering Ban, the world spread feeling towards regulatories related to cryptocurrencies is mixed for the moment but the whole idea of a GOV launching its own virtual currency is on pause for the moment.


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