Bitcoin News Mash-Up: Ripple Labs Thrilled; Symbiont Raises Funds; and More


Bitcoin News Mash-Up

Following are the major Bitcoin news of the day

More Australian Banks Join Ripple Labs

Ripple Labs continue to attract users from traditional finance sector, proves its recent inclusions of some of the leading Australian banks. After patterning with Commonwealth Bank of Australia, the American company is all set to offer its cross border payment protocol to Westpac and Australia New Zealand Banking Group (ANZ) — both of which will be testing the payment technology to make low-value international transactions. You can read the full report here.

Symbiont Raises $1.25 Million in Seed Funding

Blockchain-based smart contract platform Symbiont recently raised $1.25 million in seed funding round. The investors involved in the aforementioned round include: Former NYSE CEO Duncan Niederauer and Former CEO of Citadel Derivative Group, Matt Andresen.

“The blockchain not only has the potential to democratize markets but to drive down the cost of doing business across all sectors,” Symbiont CEO Mark Smith meanwhile stated. You can read the full report here.

BTC China’s Fun Idea to Store Messages on Blockchain

Bitcoin exchange BTC China attempted a new — and kinda funny — trick to store message on blockchain. On the occasion of its fourth anniversary, the exchange integrated a system, which goes by the name of Forever, where users can write a message of less than 60 letter by paying 0.1 BTC. This message, as told by the BTCChina CEO Bobby Lee, would stay on the blockchain for an indefinite time. He also visioned it to be a great idea to transfer messages through family generations. You can read the full report here.