Bloomberg Terminal now supports ETH, LTC and XRP

Let's try tp figure out, what stands behind adding of three altcoins to a proffesional traders service
15 December 2017   3006

Bloomberg Terminal, computer software system provided by the financial data vendor Bloomberg L.P. for professionals, now supports Litecoin, Ethereum and Ripple.

Bloomberg Terminals provides comfy access to Bloomberg Proffessional, through which users can monitor and analyze in real time the movement of the financial market, as well as being the place of trading on the electronic trading platform. It is also worth noting that it has monthly subscription model, starting from $2000 roughly. 

Traders at Bloomberg Terminal
Traders at Bloomberg Terminal

A representative of Bloomberg declined to comment on this event in a conversation with Fortune, but a source familiar with the situation claims that the new feature was added specifically for traders trading in foreign currency markets. He also said that data on the movements of the rates for his terminal Bloomberg draws from the Bitstamp exchange.

One of the reasons of this news can be the growth of overall cryptocurrency market cap especially Ripple (+210%, 7d), Ethereum (+47%, 7d) and Litecoin (+154%, 7d). 

Switcheo to Launch Cross-Chain ETH-NEO Atomic Swaps

Developers says that the technology of atomic swaps has been known for few years, but is not popular, since its implementation in practice is quite complicated
25 April 2019   59

Switcheo announced the official launch of the atomic swaps feature for the Ethereum and NEO blockchains.

From now on, Switcheo users have access to the inter-block exchange of their own token exchange, SWTH and ETH, which allows for the transfer of assets between two markets represented on the trading platform and makes Switcheo the first decentralized exchange that implements this functionality.

A challenge with existing trustless exchanges is that trades are confined to individual blockchains, limiting the market combinations that can be offered to users” says . With the launch of the new feature, users can now trade conveniently between ETH and NEO markets, while retaining full custody of their funds.

Ivan Poon

CEO, Switcheo

According to the developers, the technology of atomic swaps has been known for several years, but is not widely used, since its implementation in practice is quite problematic. Switcheo lead developer John Wong explained that his team spent a lot of time adapting the process to the user's needs and achieved the desired result.