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   1073

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). 

Buterin Donated $763k to Fight Possible AI Rise

Creator of Ethereum donated $763k worth ETH to Machine Intelligence Research Institute
22 February 2018   683

The non-profit organization Machine Intelligence Research Institute (MIRI), which studies potential hazards of artificial intelligence, published data on donations collected in December last year. As it turned out, 66% of the funds were received in the crypto currency, reports.

66% of the funds donated during the campaign were in the cryptocurrency (mostly Bitcoin and Ethereum). The largest transfer came in the end - $ 763,970 in Ether from Vitalik Buterin. This was the third largest donation in the history of the organization after a $ 1.25 million grant from the Open Philanthropy Project in October and $ 1.01 million in Ethereum in May.

It should be noted that the main goal of MIRI is to create a secure artificial intelligence, as well as to study the potential dangers and opportunities that may arise when creating AI. The organization has representative offices in the USA and Canada.

The total amount of MIRI donations in December 2017 was $ 2,515,148 - twice the initial target of $ 1.25 million.