The Daily: 29% of Freelancers Want to be Paid in Crypto, Asian Exchanges Fake Volume
services

The Daily: 29% of Freelancers Want to be Paid in Crypto, Asian Exchanges Fake Volume

THELOGICALINDIAN - Todays copy of The Daily covers aggregate from accouterments wallets to affected aggregate on cryptocurrency exchanges But to kickstart affairs weve got the aboriginal address on a analysis in which a hasty admeasurement of freelancers accurate an absorption in actuality paid in cryptocurrency

Also read: Swiss Crypto Valley Association Leadership Steps Down After Governance Review

US Freelancers Express Interest in Crypto Payments

P2P belvedere Humans.net has commissioned a analysis into the acquittal preferences of American freelancers. It able 1,100 U.S. citizens to actuate their acquiescence to actuality paid in bitcoin or added cryptocurrencies, with 18 percent cogent a bright alternative for agenda bill payments over authorization currency. Among those questioned were self-employed professionals such as tutors, designers and developers.

Given that the respondents were fatigued from beyond the gig abridgement and were not prescreened for cryptocurrency interest, the 18 percent accomplishment can be taken as affirmation of growing absorption in bitcoin. An added 11 percent of those surveyed declared that they would like to accept fractional payments in cryptocurrency, authoritative a absolute of 29 percent of freelancers who would be blessed to accept crypto.

The Daily: 29% of Freelancers Want to be Paid in Crypto, Asian Exchanges Fake Volume

Ellipal and Ledger Wallets Get an Upgrade

The software that admiral cryptocurrency accouterments wallets is consistently adapted to absorb new appearance and bread additions. Ellipal, whose wallet we reviewed a few weeks back, has aloof had its firmware refreshed. “The Cold Wallet 2.0,” which ships from Hong Kong, now supports XRP, DGB, LTC, DASH, ETC, USDT and CMT, in accession to absolute cryptos BTC, BCH and ETH. The accompanying Ellipal smartphone app has additionally been upgraded, with an bigger UI and a new agenda assets overview page. Meanwhile, Balance has adapted its Nano S wallet to abutment monero (XMR).

The Daily: 29% of Freelancers Want to be Paid in Crypto, Asian Exchanges Fake Volume

Storecoin Launches Governance Peer Review

It’s not aberrant for cryptocurrency projects to seek associate analysis of their abstruse papers. Zero-fee acquittal agreement Storecoin has narrowed in on a awful specific angle of its accessible blockchain about — governance. In accession to establishing a Governance Associate Analysis & Working Group, the activity is soliciting association acknowledgment on the trade-offs it has proposed in adjustment to achieve aloft a applicable arrangement of governance.

“We accept that the alone babyminding archetypal that can action at all-around action calibration after abiding to absorption or bottomward into the animation of mob aphorism is a checks-and-balances based system,” concludes its accessible associate analysis document.

The Daily: 29% of Freelancers Want to be Paid in Crypto, Asian Exchanges Fake Volume

 

Coinbit and GDAC Accused of Manipulating Volume

Coinbit and GDAC, two South Korean exchanges that launched during the summer, accept abutting the growing account of Asian platforms that Crypto Exchange Ranks (CER) accuses of affected volume. Inflating trading abstracts is a way that some exchanges bold the system, agreement them college in Coinmarketcap’s top 100 exchanges by appear volume. Coinbit currently places fourth, with about $600 actor of cryptocurrency allegedly traded in the accomplished 24 hours, while GDAC occupies the 53rd spot.

The Daily: 29% of Freelancers Want to be Paid in Crypto, Asian Exchanges Fake Volume“Since GDAC’s barter fees are 0 percent the barter redistributes its tokens ‘based on addition for buy orders’ and calls it a ‘Purchase Addition Air Drop,’ but the assumption is the aforementioned as trans-fee mining,” explains CER. It additionally addendum that in mid-November, Coinbit claimed the top atom on Coinmarketcap by appear volume, agreement it advanced of Binance and Bitmex. Transaction fee mining exchanges abide highly controversial, with CER accepting ahead taken platforms like Bitforex and Fcoin to assignment for agnate practices. When Coinmarketcap’s exchanges are ranked by adjusted volume rather than appear volume, it’s no abruptness that Coinbit and GDAC abatement out of the top 100.

What are your thoughts on today’s account tidbits as featured in The Daily? Let us apperceive in the comments area below.

Images address of Shutterstock.

Need to account your bitcoin holdings? Check our tools section.