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Crypto News Flash: Bitcoin (BTC), Ethereum (ETH), Stellar (XLM), Ripple and XRP, IOTA, Dash

October 06, 2018

From new Bitcoin ATM sightings to a push to bring XRP to the Olympics, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

Bitcoin ATMs sightings are on the rise in Utah.

According to local news site KSL, the state now has 12 Bitcoin ATMs, with most of them operated by the Las Vegas-based CoinCloud.

Meanwhile, far to the south, more than 1,600 Bitcoin ATMs are expected to be installed in Argentina by the end of 2019.

Ethereum

Ethereum ranks as the most active blockchain, according to Crypto Code Watch.

The platform is on top in the number of commits on GitHub, the number of stars and forks to the repository, as well as the number of overall developers.

Ripple and XRP

A petition to make XRP the official currency of the 2020 Olympic games in Tokyo, Japan has earned more than 7,000 signatures. The petition points to fiat exchange issues as the number one reason the crypto should be adopted during the big event.

“As tourists stream into the country, demand for the local currency skyrockets, causing long lines at currency exchanges, as seen at past events like Beijing 2008 and Rio de Janeiro 2016. Confusing exchange rates and language barriers further complicate the problem.

We believe that the fast transaction times and security of Ripple Lab’s XRP cryptocurrency would be a great contribution towards solving this problem.”

Dash and Stellar

Palo Alto-based BitGo says it has added Dash to its crypto custody platform, giving institutional investors a secure way to store the leading cryptocurrency.

According to Fortune, the company says it also plans to add Stellar in the next couple of weeks.

IOTA

IOTA’s Ecosystem Development Fund has announced it will offer a new wave of grants to the tune of $354,000.

The projects include healthcare startup Untangle Care, P2P internet access system Bytes.io, and an IOTA research lab called the IOTA Industrial Lab Aachen.

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