Home ICYMI ECB Reviews Digital Payments, More Warnings About EOS Congestion, Telegram Fights Terrorism

ECB Reviews Digital Payments, More Warnings About EOS Congestion, Telegram Fights Terrorism

TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. ECB eyes digital payment solutions. Popular dApp EarnBet warns about EOS congestion. Telegram recognized by Europol as helping to curb terrorism. Matrixport opens new office in Zurich. Bitcoin ATM vandalized in British Columbia, and USDH stablecoin issued on the CoinEx Chain.

ECB Eyes Digital Solutions for Online Payments

ECB

The European Central Bank (ECB) is seeking to implement new payment solutions to reduce dependence on non-European systems. Benoit Coeure, a member of the ECB, stated, “Dependence on non-European global players creates a risk that the European payments market will not be fit to support our Single Market,” expressing concerns about possible foreign disruptions. “Central bank digital currency could ensure that citizens remain able to use central bank money even if cash is eventually no longer used,” he concluded.

EarnBet Alerts About EOS Congestion

ECB

EarnBet, an EOS gambling and betting dApp, warned about the precarious congestion situation the blockchain’s mainnet appears to be going trough. According to EarnBet, “in its current state, the EOS blockchain is no place for dApps like EarnBet with commercial-scale aspirations,” due to the recent EIDOS mining craze. The dApp announced if the problem is not fixed by EOS governance, EarnBet will leave the blockchain and port their services to another sister chain to keep operating.

Telegram Recognized as a Valuable Contributor to Europol Anti-Terrorism Operations

ECB

Telegram, the privacy-oriented messaging service, has been recognized as a valuable counter-terrorist contributor by Europol. According to a press release, Telegram has been collaborating with law enforcement over the last year and a half on the terrorism issue. Europol recognized Telegram’s assistance, stating the platform “is no place for violence, criminal activity and abusers. The company has put forth considerable effort to root out the abusers of the platform by both bolstering its technical capacity in countering malicious content.”

Matrixport Opens Office in Zurich

Matrixport, a cryptocurrency financial services company backed by Bitmain, will expand by opening an office in Zurich, Switzerland to offer its services to European customers. Matrixport is a comprehensive financial institution that offers trading, loans, custody, and payment services to users of its platform. “We will start on a modest scale initially as we establish our name in Europe and establish a pool of clients,” noted Hui Wang, Chief Operations Officer of Matrixport in Switzerland.

$4K Bitcoin ATM Theft in British Columbia

Bitcoin ATM proliferation might be causing the wrong kind of attention. A Bitcoin ATM located in a grocery store in Vernon, a little town of British Columbia, was assaulted by bandits who took $4K from it, according to local outlet news. Police arrived to the scene of the crime too late, but cameras recorded the whole incident. The owner of the store won’t be keeping the Bitcoin ATM after this event.

USDH Now Available on CoinEx Chain

Honest Coin, the SLP based stablecoin, is now available on the newly released CoinEx Chain, the decentralized platform of cryptocurrency exchange CoinEx. With this release, a regulated, compliant stablecoin is now present on the decentralized exchange, so users can store savings in a trust-based environment.

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