TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Elliott wants to oust Jack Dorsey from Twitter. Coinbase tested Clearview’s facial recognition system. Satoship SLP-based hardware wallet released. GoCrypto reaches 1,000 merchants onboarded worldwide. CashFusion gets $30,000 in donations, and Ethereum DEXs reach all-time high trading volumes.

Elliott Seeks to Oust Jack Dorsey as CEO Of Twitter

Elliott Management Group, a company that has taken a significant amount of stake in Twitter is looking to oust Jack Dorsey as CEO of the company, according to sources familiar with the matter. Elliott has already proposed four candidates to occupy three new seats that will become available on the Twitter board, and it is believed they will push for more changes on the platform in the belief it is losing ground to rivals Facebook and WhatsApp. Dorsey, also CEO of Square, has been criticized by investors for his lifestyle choices as well, such as living in Africa 6 months a year.

Coinbase Tested Clearview’s Facial Recognition Systems

Coinbase, the US based cryptocurrency exchange, has been a customer of Clearview, a facial recognition firm that is now in the spotlight after being hacked and losing its entire client list. Coinbase, apparently, was mentioned as a customer after internal documents were leaked through the hack. A spokesperson for the exchange explained they “tested Clearview AI to see if the service could meaningfully bolster our efforts to protect employees and offices against physical threats.” Clearview has been criticized for building a global database with more than 3 billion pictures taken from internet.

Satochip SLP Hardware Wallet Now Available

Thanks to @SatochipWallet for creating the new hardware wallet design for the SLP community! We can't wait to receive our first order.https://t.co/pC21LkLtNk pic.twitter.com/0Qf9DzbTdH — Simple Ledger Protocol (@SimpleLedger) March 1, 2020

Satochip, the Belgium-based hardware wallet manufacturer, presented a new SLP token wallet, to allow SLP token holders to save their currencies in a safer way. The wallet includes native support for Electron Cash SLP version, is the first dedicated SLP hardware wallet of its kind. This is a solution for users who felt tokens like Spice and Honk, whose value has increased enormously since their debut last year, were not secure enough using the available solutions.

GoCrypto Reaches 1,000 Merchants Onboarded Worldwide

GoCrypto, a cryptocurrency payment processor based in Slovenia, reached 1,000 merchants onboarded at a worldwide level, with merchants affiliated in Croatia, Switzerland, Hungary, Bulgaria, United Kingdom, Czechia, Slovakia, Romania and Portugal. The company also expanded last year to South America: its CEO Dejan Roljic signing an integration partnership with native cryptocurrency POS XPay, a company also adding its 150 onboarded business in Venezuela and Colombia to the list.

CashFusion Gets to $30,000 in Donations

CashFusion, the extension of Bitcoin Cash-based privacy protocol CashShuffle, reached almost $30,000 in donations for the security audit needed to certify its key features as an application tool before the formal release. The audit, performed made by the same company that did it for CashShuffle, Kudelski Security, has a price of $50,000 due to the complicated nature of the software. Bitcoin.com agreed to double each donation to help the audit reach its funding goals faster.

Ethereum Dex Trading Volumes High ATH

While the majority of trading still comes from centralized exchanges, DEXs recorded all-time high trading volume during February, with $372M million traded on their platforms, according to data from Dune, a DEX analytics aggregator. This last surge in trading volumes managed to beat the earlier high seen back in July of 2019. The data uses numbers obtained from several key decentralized exchanges such as Uniswap, Oasis, 0x, Kyber and Idex, showing how, little by little, these exchanges are growing in relevance for the cryptocurrency market.

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