Weiss Ratings to Issue Cryptocurrency Grades

The new Weiss Cryptocurrency Ratings will analyze thousands of data points on each coin’s technology, usage, and trading patterns
22 January 2018   1203

Weiss Ratings, an independent rating agency of financial institutions, announced it will issue letter grades on cryptocurrencies on January 24.

The new Weiss Cryptocurrency Ratings will be based on a model that analyzes thousands of data points on each coin’s technology, usage, and trading patterns, the company said.

Many cryptocurrencies are murky, overhyped and vulnerable to crashes. The market desperately needs the clarity that only robust, impartial ratings can provide. We’re proud to be the first to bring that benefit to investors — to help them cut through the hype and identify the few truly solid cryptocurrencies.

 

Martin D. Weiss

Founder, Weiss Ratings

According to the company, the list will include bitcoin, ethereum, ripple, bitcoin cash, cardano, NEM, litecoin, stellar, EOS, IOTA, dash, NEO, TRON, monero, bitcoin gold and many others.

ACINQ to Release Lightning API For Bitcoin Mainnet

Strike is API for easy acception of Lightning network payments
25 May 2018   33

Developers from ACINQ presented a version of Strike API for Lightning-payments in the main bitcoin network.

Strike is an API for easy acception of Lightning payments. From a technical point of view, the service works as follows: ACINQ receives and aggregates incoming payments, and then periodically sends transactions to the recipient's wallet. In other words, companies can offer their clients instant and low-cost payments, receiving funds through the usual cash transaction.

We take a 1% fee on payments, and that’s it. Automated payouts to your Bitcoin wallet are free of charge, because we batch them among merchants. The threshold for automated withdrawals can be set between 0.1–1 BTC.
 

ACINQ

Also, users can make a payment to the wallet manually, however in this case you will have to pay a commission of 0.5 mBTC.

According to ACINQ representatives, although using Strike and assuming the need to trust a third party, the level of risk is minimal, since the service sends an onchain-transaction every time the total amount of payments reaches a user-adjustable threshold.

The developers noted that the Strike integration with the WooCommerce plugin is currently underway. In addition, ACINQ is considering the possibility of partnership with the Canadian Internet company Shopify, which specializes in developing software for online and retail stores. The company serves 500,000 trading companies with a combined turnover of $ 45 billion.