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Bitcoin Lightning Meets Amazon, Crypto Alts Beat BTC, and JP Morgan Battles Ripple With Ethereum-based Platform

April 22, 2019

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Bitcoin

The crypto startup Moon says it plans to bring the Bitcoin Lightning Network (LN) to Amazon.

The New York-based company told CoinDesk it expects its new Chrome browser extension to be approved on Wednesday, which will allow any Lightning-enabled wallet to spend BTC on e-commerce websites.

“[The extension] will pop up a QR code and it will have the lightning invoice, which you could also copy and paste if you can’t use the QR code for some reason, and you’ll be able to pay with your favorite lightning wallet.”

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Crypto Alts

A sizeable list of well-known cryptocurrencies are outperforming Bitcoin, a sign that crypto alt season has arrived.

A crypto investor who goes by the name The Rhythm Trader compiled a list of coins outperforming BTC in 2019, including Ravencoin, Binance Coin, Litecoin, Enjin Coin, Basic Attention Token and more.

https://twitter.com/Rhythmtrader/status/1120005789714976770

JP Morgan

JP Morgan is upgrading its Ethereum-based blockchain platform known as the Interbank Information Network.

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According to the Financial Times, the banking giant is integrating a new settlement system that will allow transactions to be verified in an instant, a move designed to fend off competition from payment startups like Ripple, Revolut and TransferWise.

The platform is designed for both domestic and international payments, and is expected to go live in the third quarter of this year.

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