One Stop Cryptocurrency NewsCast For Today ?

in bitcoin •  5 years ago 

đź“® 06-12-2019

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1.  Justin Sun has announced that Samsung is going to extend the exposure of its blockchain phone pretty much to the rest of the European world. Justin Sun says that by the end of 2019, the South Korean electronics behemoth intends to make its Samsung Galaxy S10 that supports Tron-based coins available in more countries. As per the Tron CEO, the new Samsung’s blockchain phone that supports TRX, BTT, USDT-Tron and BeatzCoin is going to be available in the Scandinavian part of Europe, Portugal and Austria.

2.  Ethereum co-founder Vitalik Buterin has just taken to Twitter to share a "working block explorer" for the beacon chain. This is a separate proof-of-stake chain that will run parallel to the network's existing proof-of-work chain. The beacon chain is supposed to be the cornerstone of the initial phase (Phase 0) of the much-anticipated Ethereum 2.0 (Serenity) upgrade. Its main purpose will be to store a set of validators who are responsible for maintaining the network.

3.  Blockchain technology platform for the mining of the precious metal, Karuschain, announced that Herbert R. Sim, commonly known as "The Bitcoin Man", will be joining its team as an investor and advisor. Herbert told Karuschain’s project is unlike the others in the industry he has seen thus far, the project brings together a complete supply chain solution for the precious metals mining industry using blockchain. Karuschain CEO, Richard Verkley believes Herbert's years of experience will bring value to their global ambitions.

4.  Michael Seitz, marketing manager at decentralized payment solution Dash, announced that Dash has made the internal decision to update the current explorer.dash.org, to the new and improved API, Insight on January 7th, 2020”. Insight is an open-source Dash blockchain explorer that will be used for writing web wallets and other apps that need more advanced blockchain queries. It provides users with a convenient way to read data from the Dash network so they can build their own services with it.

5.  Legendary investor and tech venture capitalist Tim Draper says his prediction that pegs the world’s most popular cryptocurrency at $250,000 in three years is “right on track.” Draper says Bitcoin will reach the mark in 2023, supported by all of the builders and entrepreneurs in the crypto space who are developing critical infrastructure. Draper added the king coin’s past halvenings have created a “quantum jump in price.” With the next one occurring in May of 2020, he expects Bitcoin to repeat a similar cycle.

6.  By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank. Deutsche Bank strategist Jim Reid raised awareness of the challenges the existing fiat system has encountered in recent years, specifically with the emergence of cryptocurrencies. Reid stipulated that people’s heightened demand for dematerialized means of payment and anonymity could drive more individuals to digital currencies.

7.  Brave Browser is experiencing robust user growth, gaining another 1.7 million active users over the last three weeks by carving out the privacy niche from Google Chrome. Since its 1.0 launch mid-November, Brave announced that the open source browser went from 8.7 million monthly active users in October to 10.4 million MAU at the end of November, a 19% increase across all platforms. Compared to last year, the browser’s userbase saw a two-fold increase in monthly active users and tripled its daily active users to 3.3 million.

8.  More millennials hold a bitcoin-tied investment product in their investment portfolios than Netflix stock, according to a recent report from brokerage giant Charles Schwab. The report showed that millennials (currently aged between 25-39) have a higher holding in Grayscale’s Bitcoin Trust (GBTC) investment product at 1.84% than Netflix stock at 1.58%. GBTC is also more popular than stocks of Warren Buffett’s conglomerate Berkshire Hathaway, Walt Disney, Microsoft, and Alibaba.

9.  Accounting giant Ernst & Young has just released open source code that vastly improves privacy and transaction efficiency for Ethereum. EY released a small development in Ethereum technology called Nightfall, which was designed for making private Ethereum transactions. According to a recent announcement, Nightfall has been upgraded to enable the first version of transaction batching, allowing up to 20 transactions at once under zero knowledge with private transactions for just $0.24 per transaction.

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