Dash can be paid through a wristband

Festy, new wristbrand by Bitcard, allows to pay by Dash in real world
19 July 2017   725

Fast growth of cryptocurrency market and their popularity leads to new interesting "real-life" techs, related to cryptocurrencies.

Irish gift cards platform Bitcard announced the release of the Festy wristband, which allows the payment of Dash cryptocurrency.

The multifunctional Festy is compatible with POS systems, where Visa payWave contactless payment technology is implemented. Also, it's able to interact with various devices equipped with NFC. The new solution also provides for the possibility of making offline payments using QR codes. All this allows you to adapt this technology to any environment and enables you to quickly pay off crypto currency at a variety of points of sale, including shops, bars, restaurants, etc.

You can replenish the account of the device through certain ATMs. Festy allows transactions within a few seconds and involve binding to a Dash account. 

Crypto Trading Desk to be opened by eToro in London

eToro, a broker that proposes cryptocurrency trading in addition to foreign exchange, is to start a new over-the-counter cryptocurrency trading desk in London
18 June 2018   199

Over-the-counter supports any financial trading activity that does not take place at an exchange. Things that are traded in this way are commonly subject to less regulation and transparency than they would be if they were listed on an exchange, but for most investors there is no significant difference. 

In his interview to Business Insider CEO Yoni Assia claimed that most interest was coming from the owners of hedge funds.

We’ve actually set up our corporate team here in the UK to start setting up accounts to trade on eToro. We’ve announced that we’re launching the exchange as well so, between the exchange and the OTC desk, we’re also starting to serve more potential institutions and financial institutions. I think there is growing institutional demand and interest of public investors to understand whether they can join the party. That is something we definitely see out there. We see more and more public market players and big banks who are interested in this space and feel left out because they’re not allowed to invest in crypto or ICOs
Yoni Assia,
CEO, eToro

As a social trading broker, eToro suggests its clients the option of copying the trading behaviour of other customers, that is good if they are too occupied or not experienced. It proposes trading in foreign exchange, stocks and CFDs. About 500 specialists are engaged on the firm, the company keeps offices in the UK, Cyprus and Israel.

The company was established in 2007 and started offering Bitcoin trading in January 2014. Cryptocurrency had become popular by 2017, and the firm reported a 4,500% jump in trading volume by April, and on one day in December it acquired more new customers in a day than it had in the whole previous year. In March 2018 the firm raised $162 million to fund an expansion into Asia and in May it got into the US market with that same money. It suggests Bitcoin, Ethereum, Litecoin, XRP, Dash, Bitcoin Cash, Stellar, Ethereum Classic, NEO, and EOS for trading.

Several months ago at a conference Yoni Assia claimed: “The use of blockchain and crypto is and will become a way of life.”