The week is over, as is Consensus 2018 and NYC Blockchain Week, so there is a lot to reflect on. Without further adieu, here is this week’s trending crypto news!
Trending Crypto News | May 14 – May 18
Monday
Coins on the crypto markets started Monday both in the green and the red. While Ripple (XRP)[1] found itself up during the day, Cardano (ADA) [2]found itself down.
Monday was the first main day of Consensus 2018, and it was there Ripple (XRP) announced its brand new initiative, deemed the Xpring project[3].
Excited to announce Xpring, a new initiative that supports businesses growing on the XRP Ledger, and initial investments in @SB_Projects, @blockchaincap, @Coil_ and @omni. Together, we will grow the #InternetofValue! https://t.co/Vx7cBrnz3D[4][5][6][7][8][9]
— Ripple (@Ripple) May 14, 2018[10]
Further, Monday also saw announcements like OKEx surpassing Binance[11] as the top crypto exchange, and various Deloitte veterans announcing that they are rolling out a tokenized exchange.
Tuesday
Most of the top-ten coins took a plunge on Tuesday. This includes Ripple (XRP) [12]and Tron (TRX). [13]Despite that, there was still quite a bit of trending crypto news to come out of the day.
For starters, Ripple hosted its XRP Community Night at Consensus 2018 Tuesday night. Additionally, Tuesday also saw announcements regarding Stellar (XLM). Specifically, IBM and Veridium[14] announced that it will be using Stellar’s public blockchain for tokens.
Veridium's Todd Lemons joins Van Kralingen on stage: "We plan on using IBM blockchain technology to