Cryptocurrency News Cast For Jun 22nd 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 22-06-2020

๐Ÿ“ˆMarketCap:                    $271  B
๐Ÿ“Š24h Mcap %:                    2.81%
⚠️Bitcoin Dom:                   64.70%
๐Ÿ“ŒActive Coins:                  3,220
๐Ÿ“24h Vol %:                        3.05%
๐Ÿ’ฒ24h Vol:                           $66 B

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1. Akon's Crypto Powered 'Akon City' Set To Begin Construction
Akon City, a $6 billion futuristic crypto themed city founded by famous singer Akon, is ready to begin construction. Akon has awarded its building contract to KE International, a U.S.-based engineering firm. Phase one of Akon City’s construction which is expected to be completed by the end of 2023 will include roads, a hospital, a mall, hotels, and a school, while Akon City Phase 2 will run from 2024 to 2029 and will end with a complete crypto City running exclusively on AKOIN cryptocurrency. Read Full on instagram.

2. COVID-19 Test Results on Vechain Blockchain
Blockchain tracking platform VeChain announced on Twitter on June 20 that its blockchain-based medical data management platform has gone live and will store COVID-19 testing results.The platform, was deployed in the Mediterranean Hospital in the Republic of Cyprus. Cyprus citizens who go to the hospital’s COVID-19 laboratory to undergo real-time diagnostic and antibodies testing, will have their medical and test records on the blockchain. The records will be encrypted, hashed and uploaded onto the VeChainThor Blockchain. Read Full on cointelegraph.

3. ‘Black Swan’ author Nassim Taleb Believes Bitcoin Is ‘Good Idea’
Despite publicly closing his Coinbase account after the support team of the largest U.S. exchange failed to react to his complaint in a timely fashion. Mathematical statistician and ‘Black Swan’ author Nassim Taleb still believes that the Bitcoin is ‘a great idea.’ Taleb is a vocal critic of banks, back in April, when Banque du Liban (the central bank of Lebanon) started confiscating the value of foreign currency remittances, he started urging his followers to use cryptocurrencies. Read Full on U.Today.

4. BitMEX and OKCoin Awards $150,000 To Bitcoin Core developer
Amiti Uttarwar, who currently works as a Bitcoin Core developer for Bitcoin wallet company Xapo, received the $150,000 grant from OKCoin and HDR Global Trading Limited, the company that runs crypto exchange BitMEX. Uttarwar’s focus is on Bitcoin’s peer-to-peer layer. She has reportedly improved Bitcoin by working out how individual Bitcoin nodes revealed sensitive information. Her improvement, prevents the information from rebroadcasting transactions so often, increasing privacy for those using the network. Read Full on Decrypt.

5. John McAfee’s Ghost Distributed Exchange Goes Live
John McAfee’s Ghost distributed exchange is now live. The Ghost distributed exchange is related to McAfee’s privacy project Ghost, a Proof of Stake privacy coin intended for more anonymous transactions. McAfee clarified that Ghost distributed exchange will replace the McAfeeDEX distributed exchange. The Ghost main net itself is expected to go live on June 22. McAfee further claimed the decentralized exchange will support atomic swaps between Ghost and major cryptocurrencies like bitcoin (BTC), bitcoin cash (BCH), and ether (ETH). Read Full on twitter.

6. Anthony Pompliano Suggests Bitcoin Allocation For Pension Fund
Morgan Creek Digital co-founder Anthony Pompliano forces pension funds to allocate 1-5% of their portfolios to Bitcoin due to pension funds struggle with their funding. Anthony Pompliano has written a letter to the investor where he has mentioned that pension funds like the California Public Employees Retirement System(CalPERS) invests in Bitcoin instead of increasing their allocation to non-liquid assets from which it is clear that adding an allocation to Bitcoin would increase risk-adjusted returns for a public pension fund. Read Full on cointelegraph.

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