EOS Takes Off as Crypto Markets Recover, Facebook Is Hiring 22 People For Blockchain Division, Messari Publishes New Exchange Index And More — The Crypto2Cash Chronicle
Here’s your daily overview of important, interesting and market moving news from the crypto space, summarized by the Crypto2Cash team. Happy reading!
EOS takes off as crypto markets recover
Crypto markets are slowly recovering again after yesterdays sell off. Most top 20 coins are up between 2 and 4% and Bitcoin is trading above the $4,000 mark again. Top performer of the day is EOS being up 11.4 % in the last 24 hours. This could be due to a mysterious announcement made by founder Dan Larimer, that hints to some type of event that will take place on June 1. Block One, the company that created EOS, posted a dedicated page for this announcement where one can sign up for the event.
Facebook is hiring 22 people for blockchain division
It is no longer a secret that Facebook is working on its own cryptocurrency and blockchain applications, with the company already employing a 50-strong team of industry experts. But Facebook is planning to expand their blockchain team even more, as there currently are 22 more blockchain related jobs on their LinkedIn page. The jobs mainly are in blockchain related marketing, legal and software engineering and the company is quickly becoming one of the largest blockchain employers on the world.
Messari publishes new exchange index
Following yesterday’s controversy around false trade volumes on CoinMarketCap and several studies showing exchanges faking their numbers, cryptocurrency analytics firm Messari has added a new index to their site. The index is dubbed “Real 10 Volumes” and shows the real trading volumes of the 10 biggest exchanges, including Binance, Bitfinex, Bitflyer, Bitstamp, Bittrex, Coinbase Pro, Gemini, itBit, Kraken, and Poloniex. These volumes are calculated via their volume APIs (application programming interface) and the company said, that more exchanges will be added in the coming months.
New App exposes cryptocurrency bias of famous influencers
A new, not so serious app created by an ingenious developer, is trying to tackle the bias many influencers on Twitter have towards certain cryptocurrencies. The App is called “Coinflict of Interest” and analyzes the composition of someones Twitter followers and with which communities one interacts and based on this creates an estimate on bias towards four cryptocurrencies: Bitcoin, Ethereum, Ripple and Bitcoin Cash. While the app should not be taken too serious, according to developer Luke Childs, it can be very helpful, especially for beginners, to navigate through crypto-twitter.
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