Quick weekly news:
- Bitcoin-Backed Ethereum Token tBTC Launches—for the Second Time
- Bitcoin Blockchain Grows to 300 Gigabytes in Size
- Three Iranian power plants will allow cryptocurrency miners to buy energy directly from their facilities, in a bid to create new revenue streams.
Other notable events include:
- Taking cues for DeFi, Ocean Protocol has teamed with Balancer Labs to create the first automated market maker (AMM) for data.
- Visa’s Global Fintech Lead, Terry Angelos, told Forbes cryptocurrency companies had shown a “significant interest” in working with them.
Also, be sure to check out top altcoin gainers and losers of the week ⬇️
Data markets
Taking cues for DeFi, Ocean Protocol has teamed with Balancer Labs to create the first automated market maker (AMM) for data. “Our goal is to unlock this data economy with data marketplaces, connecting the buyers and sellers of data. These can be individual humans, families, small companies, large companies, cities, nations, etcetera,” Ocean founder Trent McConaghy said. The decentralized market approach aims to make pricing data easier, by allowing anyone to discover, price, and trade using a variety of cryptos like Ocean’s native token (OCEAN) or other cryptos like ether (ETH) or dai (DAI).
Fintech, meet crypto
Visa’s Global Fintech Lead, Terry Angelos, told Forbes cryptocurrency companies had shown a “significant interest” in working with them. And they, them. Visa is currently “onboarding” 25 crypto companies,” at various stages of development,” through its fast track program and other methods. This is in addition to other major firms like Coinbase, Visa is working with. Meanwhile, Coinbase announced it has hired former executives from Venmo, Adobe, and Google to VP roles on its product, engineering, and design & research teams.
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