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This week kicked off with a bang in the crypto world. Ripple reported record-highs,
San-Francisco blockchain giant Ripple Inc. has been named among the top 100 most important cross-border payments companies globally by financial data provider FXC intelligence. It was the only crypto-related company to make the list.
Luno is in the process of adding Ripple’s XRP to our platform. More information about this addition is coming soon, but in the meantime, check out our announcement blog and keep your eyes peeled on our social channels to learn more.
EagleCheck, a Barcelona-based startup created by five students, has created a platform using Hyperledger technology that allows employers to check the backgrounds of job applicants. The technology is designed to spot inconsistencies on resumes, automating the process and saving employers time, money, and, of course, the hassle of erroneously hiring unqualified employees.
Lucas Gil Cantón, CEO of EagleCheck, explained that “CV fraud has become so commonplace that many dishonest applicants go unnoticed. This could be due to growing pressure to fill positions quickly, since a survey conducted by SimplyHired found that 85% of job applicants lie. Meanwhile, 46% of hiring managers don’t check references, and 65% don’t check a candidate’s education.”
EagleCheck was founded with seed funding from Mousebelt Accelerator, a Silicon Valley-based CV firm. Cantón explains, “Our decentralised platform helps background detection companies find information more easily and quickly. Our software uploads the resume information, performs a data integrity check, and once we check that what’s there is real, we give the green light.”
A lawmaker in New Jersey has introduced a new bill that, if passed and signed into law, would require cryptocurrency businesses to obtain a license to operate in the state. According to an official announcement, the “Digital Asset and Blockchain Technology Act” aims to strengthen consumer protection laws in the cryptocurrency space.
The legislation states that firms would need to obtain approval from the New Jersey Department of Banking and Insurance, or another state that has agreements with the New Jersey government.
To apply for a license, firms would need to submit their legal names, fictitious or trade names, licensing and legal history, as well as their anti-money laundering and anti-terrorist financing policies. They’d also have to disclose a schedule of fees, their compliance status with the Federal Deposit Insurance Cooperation, and information on potential market risks.
Assemblywoman and the bill’s primary sponsor, Yvonne Lopez said in a statement: “Throughout New Jersey, there are ATMs that dispense Bitcoins. People see and hear about it in their day to day lives, but most are not quite sure what it is. We must take steps to protect consumers looking to invest in cryptocurrency, while also allowing the sector to continue to develop and expand in New Jersey.”
The Simpsons is well known for being the longest-running animated television sitcom ever. They’ve also accurately predicted the future a couple of times, no big deal.
In their most recent episode, titled Frinkcoin, Jim Parsons of Big Bang Theory appeared as a guest on the show to explain cryptocurrencies and how a blockchain works.
In a catchy song-and-dance segment within the episode, an animated ledger calls it the cash of the future, “not in your wallet, but in your computer”.
The crypto community welcomed the episode with open arms, while pointing out that this is likely to be another prediction they get right.
