TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto update from your favorite reporter, Linzerd. Unconfirmed Bitcoin transactions go over 50K. Justin Sun Tron-Liverpool football partnership denied. Brave launches Brave Ads for desktop platforms. Tether minted $300 million USDT more into the market. Lil’ Pump accepts bitcoin in his merchandise store, and JCPenney drops Apple Pay and contactless payment systems.
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Unconfirmed Bitcoin Transactions Now Over 50K
The Bitcoin Core (BTC) network started to show signs of congestion when for the second time this year the number of unconfirmed transactions are over 50K. According to an article by LongHash, the number of transactions got to 64,424 on April 24. Prior to this, in early April, the number of transactions went over 50K.
Justin Sun Announces Tron- Liverpool Partnership; Liverpool Denies
Thank you for the unique and innovative invitation, Liverpool! I am impressed and I'm looking forward to exploring this #TRON new partnership together! @LFC #TRX $TRX #BTT $BTT 😇🤝 pic.twitter.com/7RhFw7QVbX
— Justin Sun (@justinsuntron) April 24, 2019
Justin Sun, the founder and CEO of Tron, announced with great fanfare the company had been invited to explore a partnership with Liverpool, an English soccer team. However, spokespersons from the same club quickly denied this so-called “partnership,” stating it was a group invitation that was sent to several blockchain tech startups to “better understand” their business and the technology behind it. It seems Sun overreacted about an informal invitation for a group meeting and took it for something more.
Brave Launches Brave Ads on Desktop
Brave Browser, the blockchain privacy based internet browser, has reached a milestone in its desktop development by bringing Brave Ads and Brave Rewards to Windows, Linux, and MacOS platforms. With Brave Ads, users can benefit from the ads the platform decided to show them, winning up to 70% of the cost of the campaign, paid by the browser in BAT to a user’s wallet. This new feature is opt-in, and users who do not want to be disturbed can disable the option easily.
Tether Releases $300 Million USDT More into the Market
Tether, the company behind the most important stablecoin in the cryptocurrency market, the USDT, has minted $300 million more of its cryptocurrency, flooding the market with liquidity. Tether has been accused of manipulating bitcoin prices by issuing more currency permitting more fiat to enter the cryptocurrency market during critical moments.
Lil’ Pump Accepts Bitcoin in His Merchandise Store
Lil’ Pump, the famous American-Colombian rapper, started accepting bitcoin as a payment method in his merch store. The rapper decided to implement payments using Bitcoin’s second layer settlement protocol, the Lightning Network. While cryptocurrencies as a payment method have not been generalized yet, Lil’ Pump’s audience is a younger crowd, and this bet might pay off.
JCPenney Drops Apple Pay and Contactless Payments
JCPenney, a big department retailer in the US, dropped support for Apple Pay and also for all kinds of contactless payment methods due to their reliance on older payment terminals that could not handle new EMV contactless cards. These new payment methods have only a 5% dominance in the US market, and people are still relying on older, swipe strip or chip-based credit or debit cards to pay for the majority of purchases.
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