Cryptocurrency News Cast For July 3rd 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 03-07-2020

๐Ÿ“ˆMarketCap:                     $260 B
๐Ÿ“Š24h Mcap %:                     0.25%
⚠️Bitcoin Dom:                   64.40%
๐Ÿ“ŒActive Coins:                   3,265
๐Ÿ“24h Vol %:                        -6.90%
๐Ÿ’ฒ24h Vol:                            $48 B

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- Austrians Will Soon Be Able to Spend Crypto at 2,500 Locations
Crypto holders in Austria will soon be able to spend their coins at more than 2,500 points of acceptance using A1 Payment, one of the largest mobile network operators in the country. According to an announcement made by Austrian fintech firm Salamantex, its Crypto Payment Service Software is now integrated into the A1 Payment platform. Merchants will start accepting Bitcoin (BTC), Ether (ETH) or Dash, instead of cash or credit cards, in summer 2020. Read Full on cointelegraph.

- Pomp Convinces Popular Comedian Bill Burr To Invest Into Bitcoin
Anthony Pompliano recently appeared in a podcast jointly hosted by popular comedians Bill Burr and Bert Kreischer. The trio discussed the current economic situation worldwide, including the mass initiatives of governments to print excessive amounts of fiat currencies. Pompliano highlighted Bitcoin's resistance to inflation as there are only 21 million coins that will ever get created. Burr who was skeptical initially concluded that the modern financial system is a Ponzi scheme run by banks and he is “getting Bitcoin” instead. Read Full on decrypt.

- UK Denied To Return Venezuela's Gold, Bitcoin Fixes This
“The UK High Court has ruled against Venezuela's government in a legal battle over access to $1bn (£820m) of gold stored in the Bank of England”. As a self-sovereign digital asset, Bitcoin lies outside of centralized control. If Maduro stored that value in Bitcoin, he may still have access to those funds. Bitcoin, can sit within a person’s direct control, capable of storing hundreds of millions of dollars in the process, depending on private key storage methods. Read Full on cointelegraph.

- BitPay Adopts SegWit for Cheaper Bitcoin Transactions
Payments processor BitPay has added support for SegWit, which will be a default feature. SegWit decreases the cost of sending transactions by up to 30%. BitPay regularly processes some $1 billion in yearly payments. The firm processed 100,718 payments in April 2020, with 91.93% being bitcoin (BTC) transactions. The firm has also implemented a fee estimation with the new update that can “reduce fees by as much as 5%-10% over previous versions.” Read Full on CoinDesk.

- Sri Lanka Central Bank Working On KYC Facility Using Blockchain
Sri Lanka’s central bank has selected three firms to develop a proof-of-concept for a shared Know Your Customer (KYC) facility using blockchain. The central bank is looking to set up a blockchain-based facility that will enable the government and the banking sector to securely share and update customer data nationwide. Developers will submit their reports on the POC to be evaluated by the Department of Payments and Settlements, the National Payments Council and the Monetary Board. Read Full on cointelegraph.

- Huobi is First Cryptocurrency Exchange Running a Chainlink Node
Huobi is the first cryptocurrency exchange running a Chainlink node to improve its own integrity and provide more accurate price information. Huobi Wallet has been working with PoS nodes and allowing the crypto market to secure more than 10 million of dollars in cryptocurrencies. BTC/ETH, BTC/USDT, ETH/USDT and LINK/ETH are the first trading pairs that will be included in the integration, which is very positive for the Chainlink ecosystem. Read Full on twitter.

- Ethereum Wallet Application MetaMask Enhances User Privacy
Ethereum (ETH) wallet application MetaMask reveals its new Version 8 wallet service with improved privacy and security features as well as added web 3.0 functionality. MetaMask V8 features improved privacy control tools that allow users to manage multiple accounts MetaMask’s new “Unparalleled Privacy Control” feature is focused on protecting private user information while connecting the app to a certain website. The new account-login update is based on MetaMask’s proprietary permissions system, known as EIP 2255. Read Full on cointelegraph.

- Bitcoin Based Startup Zap Has Joined Visa’s Fast Track Program
Lightning developer and Bitcoin-based startup Zap, Inc. founder Jack Mallers announced his Strike payments app, that allows sender to send bitcoin while receiver receives in dollar directly in their bank account, is finally entering public beta. Zap Inc. has also collaborated Visa’s Fast Track program. Jack Mallers has revealed startup's plan for 2020, as per Mallers their primary focus this year is launching a Strike card for consumer app users and integrating Visa Direct into the consumer app. Read Full on coindesk.

- Stefan Molyneux Received More Than $100K in Crypto Donations
The founder of Freedomain, philosopher and alt-right activist, Stefan Molyneux received more than $100K in cryptocurrency donations after he was banned from Youtube for “fomenting violence and hatred” on June 29, 2020. He issued a request on twitter for crypto donations in Bitcoin (BTC), Ether (ETH), Dash (DASH), Dogecoin (DOGE) and Monero (XMR). On Freedomain.com website, crypto supporters can find the addresses of all crypto assets Molyneux website's accepted coins. Read Full on twitter.

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