Cryptocurrency News Cast For Jun 21st 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 21-06-2020

๐Ÿ“ˆMarketCap:                    $265  B
๐Ÿ“Š24h Mcap %:                  -0.81%
⚠️Bitcoin Dom:                   64.70%
๐Ÿ“ŒActive Coins:                  3,211
๐Ÿ“24h Vol %:                       -3.05%
๐Ÿ’ฒ24h Vol:                           $54 B

Trade On These Exchanges
  • Advertise Your Products and Get Leads To Your Business,FREE REGISTRATION.Register link:✅๐Ÿ‘‰ http://bit.ly/2YlhQRh 
Buy Products and Gift Cards With Bitcoin๐Ÿ‘‰ http://bit.ly/2sFJvSf

1. Blockchain Can Improve Philanthropic Initiatives
Blockchain tech and crypto donations incorporated into the philanthropic sector have a chance of improving the entire industry, which will able to reduce the fees that are usually associated with international transfers and ultimately provide more immediate financial support to victims. Till now, cryptocurrencies have been used in different ways to support charities and giving, an anonymous fund that was able to rally over $55M in BTC that was then donated to charities, which reflect 1%–5% of the payment methods used for charitable donations. Read Full on Cointelegraph.

2. Over 300 Websites Now Using Wordpress Crypto Plugin
Over 300 sites are now using the WordPress plug-in that allows site operators to add a cryptocurrency exchange to their site. It works with a wide array of wallets, including Metamask, Brave, and Coinbase Wallet. The plugin is open-source and customizable that was launched in April by Dragon Goren Holm partner Alon Goren. Developer Alon Goren tweeted there are over 300 more websites on the internet that allow users to swap tokens on them. Read Full on Twitter.

3. Compound Overtook MakerDAO In Total Value Locked in DeFi
To date, MakerDAO has been the dominant platform in DeFi, but this has changed now Compound overtook MakerDAO on Saturday, June 20, to become the largest decentralized finance protocol by total value locked according to data from DeFi Pulse. There is approximately $500M in cryptocurrency locked on Compound compared to $486M on MakerDAO. Compound began distributing its native governance token, COMP, on June 15, to token borrowers and suppliers on its platform. Read Full on The Block.

4. Singapore Will Explore Central Bank Digital Currency
Singapore's central bank and financial regulatory authority is looking to cooperate with China in the field of central bank digital money. Singapore, which is also actively exploring blockchain-based CBDCs, is looking to exchange related knowledge and expertise with China. Ravi Menon, the managing director of the Monetary Authority of Singapore emphasized that the main goal of Singapore’s CBDC project is to cut cross-border payment and settlement costs, reduce settlement time, and ensure transaction security. Read Full on cointelegraph.

5. IOTA Will Safeguard E-Commerce Platforms Against Cyber-Attacks 
IOTA Foundation has joined ENSURESEC – an EU-funded collaborative Innovation Action project which seeks to bolster end-to-end security of e-commerce and its delivery service ecosystem. ENSURESEC seeks to safeguard e-commerce portals from sophisticated cyberattacks orchestrated by hackers. IOTA will help to build a decentralized, immutable audit trail infrastructure, it will develop several interfaces to IOTA Streams that will enable the easy generation and sharing of log information required from different systems and assets. Read Full on iota.

6. Institutional Investors Are Flooding Their Funds Into Bitcoin
Weiss Ratings, says the financial world is beginning to wake up to the true potential of BTC. The firm points out to the growing flow of funds into Grayscale Bitcoin Trust (GBTC) as a sign of rising institutional interest, the amount invested in GBTC more than doubled from $388.9M to $818.5M in between the third quarter of 2019 and the first quarter of 2020. Weiss believes the entry of billionaire hedge fund manager Paul Tudor Jones into the Bitcoin futures market shows institutions are paying increasing levels of attention to the crypto markets. Read Full on weisscrypto.

Post a Comment

0 Comments