#Crypto-The Movie, Binance System Update, Jack Dorsey Buys Trezor Wallet, Sparkpool Returns Fee and more — The Crypto2Cash Chronicle
Your daily dose of crypto news, summarized by the Crypto2Cash team
Crypto-The Movie
Hollywood has been at it again, this time producing a film about crypto. The film features many famous actors, including Luke Hemsworth and Kurt Russell and is set to come out on April 12th. The film’s story line reads as follows: “ A young agent is tasked with investigating a tangled web of corruption and fraud in New York.”
(Source: IMDB)
Binance system update
Crypto exchange Binance has successfully upgraded it’s system today. The exchange went offline for around 6 hours in the early morning, causing some concern about negative market developments among traders. However there were no visible price movements during this time, as nearly all crypto currencies have been trading sideways since the start of the day.
(Source: Binance, Cryptovest)
Jack Dorsey buys Trezor Wallet
Twitter CEO Jack Dorsey has once again shown his support for cryptocurrencies. After taking part in the Lightning Torch a few weeks back and making a statement about buying Bitcoin every month, Dorsey has tweeted a picture of a purchased Trezor hardware wallet. Trezor is one of the biggest and most established wallet producers in the crypto space.
Dubai real estate giant to launch ETH Token
Dubai Real Estate Giant Emaar, valued around $9.7 billion as of June last year, has announced that it will be launching an Ethereum based token. The Token will comply with the ERC-20 standards and will be developed by Swiss Blockchain start-up Lykke. The token will have several use cases including “access to the referral and loyalty system across the entire company.” Emaar is also considering holding an ICO in Europe within a year of the launch of the platform.
(Source: Cointelegraph.com)
No impact of Ethereum hardfork on miners
Ethereum’s Constantinople update has had no major impact on miners. As block rewards were reduced from 3 ETH to 2 ETH, the difficulty level also decreased, meaning that block creation time decreased from 19 to 14 seconds. So in conclusion, mining rewards stayed practically the same.
(Source: Coin360)
Mining Pool Splits $300K Ether Fee
Ethereum mining pool Sparkpool has located and verified the sender of the $300k ETH fee that went viral in late February. The sender, an employee of a South Korean firm, reached out to the mining pool via e-mail and claimed that the unusually high fee was sent by accident. After confirming that the sender did in fact own the wallet the ETH was sent from, Sparkpool decided to split the fee, sending half of the 2100 ETH back and distributing the other half to miners.
(Source: Coindesk)
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