Crypto Daily: DigiFinex Recruiting Simulated Margin Trading Contest Team Leaders and Analysts; TRON Acquired CoinPlay, A Blockchain App Store.
DigiFinex Recruiting Simulated Margin Trading Contest Team Leaders and Analysts
In order to meet your demands for trading crypto derivatives, DigiFinex will soon launch a margin trading platform, and before that, host a simulated trading contest! Therefore we would like to recruit some team leaders and analysts.
TRON Acquired CoinPlay, A Blockchain App Store
【cryptoslate.com】Blockchain projects are facilitating their growth through varying strategies and TRON seems to be heavily relying on its high profile acquisitions.
On Thursday, the TRON Foundation announced the acquisition of CoinPlay, the so-called “first global blockchain app store.”
Currently, the decentralized application (Dapp) ecosystem is strikingly similar to the early days of the mobile application ecosystem in that users often have to download or gain access to Dapps directly from the source or the developer.
There exists no viable platform like the Google Play Store or the Apple App Store that increases the accessibility and visibility of Dapps.
CoinMarketCap Admits Its Data is Inaccurate
【cryptoslate.com】CoinMarketCap, the leading cryptocurrency market data aggregator, has responded to the report recently published by Bitwise which showed evidence of fake volume reported from exchanges. The aggregator confirmed the concerns raised in the report are “valid” and has announced plans to integrate new features into the website that would help bring more transparency and accuracy.
CoinMarketCap is working on including liquidity measures, hot and cold wallet balances, and traffic data for listed exchanges, among other things.
New USStocks Token Lets Investors Access US Stock Market With Stablecoin Dai
【cointelegraph】Decentralized financial contracts platform UMA has partnered with Decentralized Autonomous Organization (DAO) MakerDAO to release a token tied to the United States stock market, UMA announced in a blog post on March 27.
The ERC-20 token, dubbed USStocks, seeks to offer investors access to the U.S. stock market using cryptocurrency. Users can purchase the token using MakerDAO’s own USD-backed stablecoin, Dai (DAI).
Decentralized cryptocurrency exchange DDEX is currently the platform of choice for onboarding potential investors.
“USStocks is an ERC20 token representing synthetic ownership of an index of the 500 largest exchange-listed US stocks. This means that anybody with access to the internet and digital money can participate in the US stock market,” the blog post explained.
The firm specifies that the token tracks an index of the top 500 firms on the New York Stock Exchange and Nasdaq.
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