iFinex, the company behind Bitfinex, is under more pressure after the New York State Supreme Court judged that the exchange was in the New York Attorney-General’s (NYAG) Office’s jurisdiction. But that isn’t getting in the way of business: yesterday, Bitfinex completed its burn of nearly 40,000 LEO tokens (US$53,600), as part of a continuous process that will eventually redeem the entire supply.

Trading is muted in crypto markets, especially with respect to  Bitcoin. After measurable gain early on Monday, BTC mostly stayed around its new $10,500-10,700 level. The rest of the market is seeing considerable pullbacks, with almost all major coins posting losses.

Travelport, a travel industry tech company, is teaming up with IBM and travel management company BCD Travel to streamline the hotel commission process with blockchain technology.

• Litecoin is struggling to move price back above the technically important $96.00 level and remains capped below its 200-day moving average
• The daily time frame continues to show a bearish head and shoulders pattern with the $50.00 level as the overall downside target

Litecoin appears relatively unsteady on Tuesday, after the fifth largest cryptocurrency by market capitalization found strong technical resistance from just shy of the $80.00 level.

Anchor, a two-token stablecoin algorithmically pegged to the global economy, has launched beta testing of its new Anchor Wallet. Developed in partnership with Ambisafe, the wallet allows users to directly purchase ANCT stable tokens with any fiat currency, or major cryptocurrencies such as BTC, ETH, USDT and USDC. The ANCT is based on the the Ethereum blockchain, which means that the tokens can then be sent to any valid Ethereum wallet address.

The largest gift card exchange in Japan will use the aelf (ELF) blockchain in order to radically improve the issuance, distribution and traceability of gift cards.

Amaten, which processed more than a million transactions altogether last year with 132,000 users, said it will be developing a new gift card marketplace on top of the aelf blockchain, enabling it to expand into neighbouring markets, such as Korea and China.

Bitcoin is rising yet again, as the largest digital asset consolidates above $10,000. While it’s common to attribute bull runs to institutional money, Chinese tariffs or inverted yield curves, this year’s rise could have been triggered by an unexpected catalyst: third party custodians.

Ripple has been in the headlines today, as the Spanish bank Santander confirmed plans to extend the use of Ripple’s xCurrent network. The banking behemoth will be rolling out its One Pay FX mobile app to customers in Latin America, enabling a payment gateway for sending funds to the U.S.

The XRP price jumped from $0.25 on Sunday to nearly $0.29 today, with XRP buyers giddy at the prospect of another giant leap for Ripple technology.

The only problem? The news doesn’t mean anything at all for the true value of XRP.

For all the theoretical debates raging across the Twittersphere, it’s hard to find concrete evidence that cryptocurrencies are helping the poor and unbanked. Meanwhile, outside the notice of crypto pundits, an independent aid campaign is making practical use of cryptocurrencies to help flood victims in Iran, right now.

Microwork may be the most niche form of online labor there is: it doesn’t pay very much, but it does get quite a lot of work done by spreading tasks far and wide. Usually, this  involves transcribing media, data entry, filling out surveys, and viewing ads – or any other brief tasks.

At first glance, microwork doesn’t look like much, but it is in fact quite commonplace. A recent study from the World Bank found that, in 2013, there were over 500,000 active microworkers worldwide. This accounted for 12% of all online work. Six years later, the numbers are likely to be even higher.