Top stories in the Crypto Roundup today: Zcash blockchain set for major redesign, Facebook’s Calibra is looking for a Head of Data Science and Binance DEX gets its first stablecoin trading pair.

TRON (TRX) fared the best out of the top 10 and is currently trading $0.039 (+6.68%), while Bitcoin soared past the $10,000 and then $11,000 mark to reach highs not seen since January 2018. Ether (ETH) also fared very well, surging past the $300 level - last trading at this price in August 2018.

At the time of writing, bitcoin is currently trading at $10,793 (+0.92%) with a daily volume of $3.87bn and ether (ETH) is trading at $306.73 (-1.55%) with a daily volume of $2.05bn. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 4,806.64 (-1.63%).

Zcash Blockchain Set for Major Redesign

The Electric Coin Company (ECC), the entity steering the development of the Zcash blockchain, is reportedly planning to make the privacy-oriented cryptocurrency as user-friendly as cash payments.

Covering several aspects such as funding and scalability via sharding, the future of Zcash was discussed over the weekend at Zcon1, an annual Zcash-focused conference. Nathan Wilcox, the Chief Engineer at ECC, commented on the grand plans saying:

I think we should make Zcash usable by 10 billion people by 2050 if we can.

Facebook’s Calibra Posts for Head of Data Science

Continuing to build out its team, Calibra – a recently announced subsidiary of Facebook – posted a job position for a Head of Data Science on Saturday.

Per the job description on LinkedIn, the ideal candidate will be “an experienced analytics leader for [Facebook’s] entire consumer-facing wallet product.” This wallet will be the first product to come out of Calibra, which is building financial services atop the ecosystem surrounding Libra, a digital currency initiative announced by the social media giant last week.

Binance DEX Gets First Stablecoin Trading Pair

Stably, a blockchain startup that creates fiat-backed stablecoins on multiple protocols, announced the launch of its U.S. dollar-backed stablecoin – USDSB – trading pair on Binance and Binance DEX.

The announcement marked the first stablecoin to launch on Binance DEX. According to a blog post from Stably, the Binance DEX listing enables “other Binance Chain projects to establish transparent, liquid, and stable on-chain trading pairs.”

While just one cryptocurrency – Binance Coin (BNB) – is paired against USDSB for the time being, Stably stated it is “planning to list USDSB with additional assets on Binance DEX very soon.”

State of the Crypto by Top Tier Exchange Volume

Build your project with CoinDesk Data

Terms | Privacy

13 Charles II St, SW1Y 4QU

London, UK

This email may include advertisements by third parties. None of the advertised or promoted products and services have been verified or approved by us and this email is not any endorsement by us of the third party or of their products or services.