Cryptocurrency News Cast For Jun 19th 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 19-06-2020

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1. Cardano (ADA) To Launch Daedalus Wallet For The Shelley Testnet
Charles Hoskinson, CEO of IOHK and co-founder of the Cardano (ADA) blockchain project has announced the release of the Daedalus wallet 1.0.0. The newly released version is available just for stake pool operators for early functional testing. The Haskell-optimized Daedalus will allow users to create, delete, and restore Shelley wallets, as well as transact on the network. Future versions of Daedalus will be released during the Shelley rollout with new features such as delegating stake and checking earned rewards. Read Full on CryptoSlate.

2. Land Rover Highlights Bitcoin Network Creation As Major Event Of Our History
In its recent advertisement, car giant Land Rover has highlighted Bitcoin. Posted by the company's United Kingdom branch in a June 17 tweet, advertisement shaped as a walk through history, Land Rover's video labeled a number of groundbreaking historical developments in recent history where the advertisement has also included Bitcoin's network creation in year 2009 as a major mark in the history. Land Rover's new ad shows yet another sign of growing mainstream Bitcoin awareness. Read Full on twitter.

3. Bitcoin Financial Services Firm Raised $5.7 million In Seed Funding
San Francisco-based Bitcoin financial services company River Financial announced it had raised $5.7 million seed round led by Polychain Capital other ventures participated are Slow Ventures, Castle Island Ventures, DG Lab Fund, Cygni Capital, Pfeffer Capital, IDEO CoLab Ventures, and Square Crypto’s Steve. As per River founder and CEO Alex Leishman, the investment will be used to build a financial institution capable of bringing Bitcoin (BTC) to the world. Read Full on cointelegraph.

4. EY Launched App For Calculating Crypto Taxes
‘Big Four’ auditor Ernst & Young has introduced a new application that is supposed to make it easier for cryptocurrency holders to grapple with their taxes. EY’s chairwoman of tax services Marna Ricker told, As their clients increasingly hold and trade crypto assets, considering that, they have created this new product called EY CryptoPrep that will assist its users in calculating crypto-related gains and losses that have to be reported on Form 8949. Read Full on U.Today

5. Reddit Seeks Developers For Ethereum Scaling Solution
Reddit is anticipating big demand for its Ethereum-based “Community Points” system. The company announced that it has partnered with the Ethereum Foundation and it is asking developers to submit scaling solutions that will support its new initiative to distribute ERC-20 tokens to Reddit users as an incentive for quality content as part of its "community points" feature. Goal is to find a solution that will support hundreds of thousands of Community Points users on mainnet and can eventually scale to all of Reddit. Read Full on The Block.

6. MyEtherWalllet Will Allow To Host Decentralized Website
MyEtherWallet, a well-known Ethereum wallet app, is releasing a feature named “Host Your Own Site” that provides an easy interface for its users to upload a website to the InterPlanetary File System, or IPFS. IPFS-based websites are tied to Ethereum-based domain name services, such as ENS and Unstoppable Domains, which feature either “.eth” or “.crypto” suffixes. The websites are hosted on a decentralized network of peer-to-peer computers, which makes them resilient to most censorship tools available for the traditional web. Read Full on cointelegraph.

7. Blockchain Game Economy Will Grow Bigger Than Japan’s
Hironao Kunimitsu, the founder of Tokyo social gaming firm Gumi, believes that blockchain-based trading of non-fungible tokens (NFTs) in video games will grow to become ‘more valuable than Japan’s entire economy. Kunimitsu says Fortnight has about 150 million players per month that are bigger than the Japanese population and if they start adopting blockchain technology, the value of game items in their worlds will surge. Kunimitsu thinks the new world of blockchain gaming may change children’s education. Read Full on Cointelegraph.

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