One Stop Cryptocurrency NewsCast For Today ?

2개월 전
📮 27-11-2019

📈 MarketCap:                  $198 B
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1.  South Korea’s National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country. The bill categorizes virtual currencies as digital assets and intends to bring regulatory clarity and transparency to crypto markets in South Korea. In order to be approved as a crypto firm in the country, crypto businesses will have to obtain an Information Security Management System certificate from the state-run Korea Internet and Security Agency.

2.  Bitcoin ATM firm Bitstop partnered with the largest American shopping mall operator Simon Malls to install a Bitcoin ATM at several of its locations in California, Florida, and Georgia. Bitstop co-founder and CEO Andrew Barnard said that the machines were installed ahead of the holiday season, so customers can conveniently buy Bitcoin while doing their Black Friday and Christmas holiday shopping.” Bitsop, plans to grow its teller machine network by over 500 locations by the end of 2020.

3.  Talking about whether global central banks are implementing digital currencies, Zhou Xiaochuan, former governor of the People's Bank of China, believes that China will continue to follow the past path, emphasizing the use of digital currencies for payment and retail. Zhou said International remittances will be another area where the digital Yuan will prove instrumental. It will allow for easier inter-bank settlement. He said currency is a symbol of national sovereignty, So central banks should be very cautious in choosing the direction.

4.  Travelers and tourists can now use crypto to book destinations across the globe. Travala, a blockchain-based hotel booking platform, has partnered with online travel agency giant Booking.com to enable crypto payments at accommodations around the world. Based in Amsterdam with more than 17,000 employees worldwide, Booking.com offers listings in over 90,000 destinations across 230 countries. Travala supports payments with 20 leading digital assets, including Bitcoin, Ethereum and XRP.

5.  Ripple CEO Brad Garlinghouse says the current correspondent banking system, which relies in part on the need for banks and financial institutions to hold pools of money in various bank accounts around the world, is outdated. According to Garlinghouse, Ripple’s XRP-based remittance product, On-Demand Liquidity (ODL), is designed to replace that current model in the long run. Garlinghouse says Ripple is aiming for ODL to take over $2 trillion of liquidity in the current system in the coming years.

6.  In yet another achievement for the ecosystem, IOHK’s Charles Hoskinson announced, “We’ve begun pushing Haskell Cardano 1.0 to the relays and after the OBFT hardfork to the Core nodes. It’s a major milestone.” Hoskinson mentioned that the release will also be made available to the ecosystem’s new core nodes after the completion of the OBFT hardfork. The upgrade also stands as proof that Haskell can be used to make and build real applications that are predominantly “competitive with mainstream languages.”

7.  🚨🚨🚨🚨
Bad news: upbit exchange got hacked $51.3 million (342k $ETH) 

Good news: They will cover the losses with their funds.


8.  Bitcoin (BTC) has the ability to bring the world’s population out of debt thanks to its ability to allow consumers to save without permission. Writing on social media, Mahmudov argued saving in BTC permitted anyone to bypass the barriers to traditional methods of saving such as stocks and real estate. Today, you can stack sats & store your wealth in the scarcest asset. "The ability to save wealth in bitcoin will bring millions of people out of debt." he said. He further summarized "Bitcoin is the democratization of savings.”

9.  The West African nation of Ghana could soon issue a digital currency. Ernest Addison, Governor of the Bank of Ghana, announced the news at an annual banking conference on Tuesday, saying that the central bank is in discussion with “key stakeholders” to explore a digital currency pilot project “with the possibility of issuing an e-cedi in the near future.” Africa has been seeing increased cryptocurrency interest. Just last month, peer-to-peer bitcoin trading platform Paxful said it added 800,000 wallets in the past 12 months,

10.  IOTA has announced IOTA Connector, a bridge system that can be used to mirror data and trigger actions between IOTA and Hyperledger Fabric. The new system will allow businesses that rely on Hyperledger to make use of IOTA’s various features, including feeless payments, encrypted transaction payloads, and Masked Authenticated Messaging. the IOTA Connector is especially useful for companies that are involved with supply chain tracking. IOTA adds that these projects will benefit by using IOTA as a cryptocurrency.

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