In today’s edition of Crypto Daily News, we’ll cover the details of the SpaceX engineer’s new crypto exchange and what Zimbabwe’s Finance Minister said about crypto lately.
Crypto Daily News: September 17th, 2018
Former SpaceX Engineer Starts a Crypto Exchange
Joshua Greenwald, former SpaceX engineer, is currently the CEO of LXDX and the company just announced[1] that it is launching its own public digital currency exchange.
LXDX currently holds its own proprietary software that’s focused on levels of performance not currently seen in the current crypto market. LXDX offers a low latency solution for crypto traders that allows its users to post tighter bid-ask spreads, which in turn facilitates better-priced trades for the entire cryptocurrency market.
Greenwald explained his company’s vision in the official press release by saying[2]:
“The mission of LXDX is to make capital markets better. Our immediate focus is on cryptocurrency and enabling every investor to utilize the exclusive tools, like smart order routing, that only institutions previously could access. When we built top tier infrastructure for traditional markets, our team solved many of the same problems facing cryptocurrency exchanges today. We are excited to bring a higher caliber of technology to cryptocurrency investors everywhere.”
Zimbabwe Finance Minister Speaks Up
Mthuli Ncube, Zimbabwe’s new finance minister, thinks that his country should embrace cryptocurrency and Bitcoin the way that Switzerland does, IT Web Africa reported[3] this morning.
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Ncube told the press:
“One can pay for travel using bitcoin in Switzerland. So, if these countries can see value in this and where it’s headed, we should also pay
