Market is Red: Steem is in the Green

Steem price

As the market turns red, Steem is in the green. Once again, the price of Steem has gone up. In spite of all of the drama surrounding Steem and Steemit, the price of Steem is up today. Could it be that any press is good press? I know we have some new exchanges adding Steem which is a good sign and long overdue. I am also seeing more mentions on Twitter than ever before. Whether this is a good thing or a bad thing remains to be seen, but the market seems to like it.

Check Your Witness Vote

Vote for Witness

As the drama of the Steemit acquisition by Justin Sun unfolds, your vote for Witnesses has received unprecedented attention. A few days ago the top witnesses were replaced as a result of the takeover. As of this morning I see that many of the top ten witnesses are once again familiar faces.

However this merger works out, it’s nice to see Steemians wake up and become active on Steemit again. We are seeing a Steemit passion that has not been seen for years.

I for one hope that we can all work together, Steem and Tron, and make Steemit a force in the cryptocurrency community. Am I dreaming? Yes, maybe, but I choose to remain positive about Steemit!

Coinbase Introduces Easy Addresses

Coinbase user name

Coinbase announces user friendly wallet addresses. We have all had that moment when you wonder if you entered the Wallet address correctly as you transfer Bitcoin from one wallet to another. The sinking feeling as you realize you may have left off a few digits of a wallet address is not a pleasant experience.
Coinbase hopes to alleviate some of that anxiety by allowing dedicated user names to serve as a wallet address. Coinbase users will be able to transfer currency to other Coinbase users by sending to a user name instead of a full length wallet address.

The user name feature will be available for all currencies supported on the Coinbase platform. Some of those currencies include Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ripple. Coinbase will also offer a security feature which will allow users to keep their username private and unsearchable which will help prevent fraud.

German Bank Uses Stellar Lumens Blockchain for Tokenization

German bank Von Der Heydt announces plan to tokenize securities using the Stellar Lumen blockchain. Von Der Heydt is one of the oldest banks in Germany. The XLM blockchain will reduce costs of trading by cutting out the middleman. The Munich based bank plans to limit the securities offer to institutional customers, but that may change in the future.

As of now, the price of XLM has not seemed to react to the news.

Stellar Lumens XLM

Justin Sun Pays Millions for Lunch with Warren Buffet

Justin Sun paid millions of dollars for lunch with Warren Buffet. The lunch date allows him to bring seven guests. Sun talks about promoting blockchain technology to the outspoken crypto skeptic, Warren Buffet.

The possibility of converting Buffet to a Bitcoin enthusiast seems unlikely, but Sun’s appearance on CNBC is likely to reach potential investors who might otherwise never even consider investing in Bitcoin or other cryptocurrencies. I like to see this kind of interaction with the traditional investment world. I think it will take some time, but as more companies discover and invest in blockchain, I think the interest in cryptocurrency will increase.

Tron Will Be Integrated into Samsung Blockchain Keystore

Samsung Tron

The Samsung Blockchain Keystore better known as SBK allows consumers to control their data by providing a platform to manage digital keys with unprecedented security. In order to increase the level of security, private key information is never stored in the cloud or exposed to the Samsung Operating system. This added security helps protect information from malware and other security threats.

Tron will be integrated into the Samsung Blockchain Keystore software development kit. Users will be able to use a preset PIN number and fingerprint authentication to authorize a digital signature to use with the Android app.

Obviously this integration will simplify the use of blockchain and cryptocurrency for Samsung users. This should introduce many new users to crypto and blockchain. Will Steem be able to take advantage of this partnership? Only time will tell.