Netflix is Launching an Altcoin Documentary

A cool development is the upcoming documentary on cryptocurrency. In particular, Netflix is hosting a show which will discuss not the king of the market, Bitcoin, but all of the other knights of the round table.

Not to anyone’s surprise, but most people still do not know very much about cryptocurrency. In general, the average person can recognize the name Bitcoin and quickly associate it with drug trafficking, money laundering, and a scams. The general population needs to be more educated on the subject matter, so they are not taken advantage of.

On the documentary there are plenty of very popular developers, founders and industry celebrates that will be shown. Each person getting interviewed will get to share their opinion on the market and different perspective as well. This will be great to have so many voices all representing the same movement. Some of the more noticeable individuals featured will be:

Vitalik Buterin (Ethereum Founder), Jihan Wu (Bitmain Founder), Justin Sun (Tron Founder), Yi He (Binance Founder), Charles Hoskinson (Cardano Founder), Sunny Lu (VeChain Founder), Jun Hasegawa (OmiseGo Founder), Da Hongfei (Neo Founder), Roger Ver (Bitcoin Cash Founder)”. (Positive)

Binance Considering Becoming a Validator Node For The New Libra

Former corporate development executive for both the NBA and Dell and now Binance’s Chief Strategy Officer Gin Chao confirmed that the world’s leading cryptocurrency exchange is “definitely” considering becoming a validator node for the new Libra.

Chao also shared the exchange’s vision for Libra, and when asked whether or not Binance was considering becoming a node on Libra’s network, replied:

“We’re definitely considering it. And so, we would like to throw our hat in the ring. Whether or not we will become one, we’ll see.”

Chao also expressed opinion on the impact of Libra’s announcement on the entire cryptocurrency ecosystem:

“It’s a good thing, for sure. Any time a company with the weight, size, resources, and impact of Facebook gets involved, it validates both blockchain and then, in this particular case, cryptocurrencies specifically. So whether or not Libra becomes incredibly successful, it’s already a good thing.”

Furthermore, he added that Facebook is taking a rather global approach to its cryptocurrency.

“It’s good that it’s taking a global perspective. There’s going to be the US dollar and a basket of other currencies. […] So I think that they have that part philosophically correct, as far as a stable coin goes.”

Chao thinks Libra represents the best bridge for cryptocurrency adoption that we’ve seen so far because it will constitute an actual use case for crypto. Besides, Facebook could price its services and features in Libra. (Neutral)

Ripple’s Money Tap attracts investments from seven new banks

Not long after Ripple announcing a $50 million investment in MoneyGram, SBI Holdings, a financial services company based in Tokyo, announced that it had on-boarded seven new banks as Money Tap’s equity holders.

Money Tap is an xCurrent-powered payment application launched in order to make faster and more seamless payments. The app enables users to make nearly instant money transfers 24/7 and also allows them to make transactions to bank accounts, phone numbers or QR codes linked to their accounts. Currently, banks that are compatible with MoneyTap are Suminobu SBI Net Bank and Suruga Bank.

The new banks that have joined the investment list are Ashiga Bank, Shimane Bank, Chibuko Bank, Toho Bank, Towa Bank, Fukushima Bank, and another unnamed bank. With the addition of the seven new banks, the total number of banks that have invested in MoneyTap now stand at 20.

It has been only a few months since SBI Holdings announced the investment of the other 13 banks. The banks that had invested in Money Tap earlier this year were Atago Bank, Kiraboshi Bank, Keiyo Bank, San-in Joint Bank, Shinsei Bank, Suruga Bank, Seven Bank, Hiroshima Bank, Hokuriku Bank, Fukui Bank, Suminobu SBI Net Bank, Shiga Bank, and Shimizu Bank. (Positive)