One Stop Cryptocurrency NewsCast For Today ?

in bitcoin •  5 years ago 
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1.  Users of Huobi Russia have an option to deposit Russian rubles on their balances via bank transfers. The deposits will be processed via a bank in Uzbekistan, where Huobi Russia’s legal entity, HBRU CIS, has secured an approval letter from the country’s Justice Ministry. It states that the ministry considers the operations related with digital assets, software and IT-consulting as not prohibited by the applicable law. Huobi's Moscow office is also launching its own platform for initial exchange offerings (IEOs).

2.  TF1, the first national channel in France, has begun broadcasting Bitcoin-related ads multiple times a day. The services being advertised are by Keplerk, which allows people to buy BTC in over 6,500 tobacco shops. The advertisement runs for 18 seconds and gives a brief run-down on how Keplerk works. The cryptocurrency momentum in France just continues to grow. Keplerk announced its services just two months ago and already it is promoting itself on national television.

3.  The Indian state of Uttar Pradesh (UP) will pilot a peer-to-peer (P2P) solar power trading project. The state power utility UP Power Corporation Limited and UP New and Renewable Energy Development Agency have partnered with Australian blockchain energy company Power Ledger to launch a trial of P2P solar energy trading to examine its practicability. Power Ledger will then examine the results and purportedly work with the local government to tailor regulations that further enable P2P energy trading.

4.  Korea’s biggest messaging app, Kakao, is all set to launch a crypto wallet called “Clip” in the first half of 2020, The wallet will be issued through its subsidiary GroundX, which built the Klaytn blockchain. Clip product director Bae Sang-eon, revealed roadmap for the wallet. Bae said, “The team is developing the wallet by focusing on security and technical advancement with feedback from Klaytn service partners about the market. Clip will become the root to take blockchain technology mainstream.”

5.  The currency for the Ripple payment network, XRP’s transactions are on the rise. Less than a week after its previous ATH of 4.048 Million transaction that was recorded on 23 November, XRPL transactions have hit another all-time high. This time, the transaction figures soared to 4.52 million on 28 November, Thanksgiving Weekend. XRP transaction figures at the beginning of the year remained below 600k, going on to gain massive traction in October. The sudden surge in the XRP transaction figures has left investors baffled.

6.  Ethereum (ETH) may bring another round of staking enthusiasm if it moves forward to further replace mining in 2020. Staking is nothing new in the crypto space, but this time around, there is better infrastructure and more reliable projects. The 2020 prediction comes from Alex Kruger and takes into account the staking success of Tezos (XTZ) so far. ETH 2.0, the promised staking mechanism, will extend the culture of storing ETH coins. Currently, passive income for ETH is possible for schemes such as Maker, Compound.

7.  Crypto custodian Bakkt’s chief executive Kelly Loeffler has reportedly been picked by Governor Brian Kemp to serve in the U.S. Senate until the special election in November 2020. Loeffler will likely be asked next week to serve as the replacement of U.S. Senator Johnny Isakson, who has announced plans to vacate his senate seat on December 31. Loefller previously served as chief communication and marketing director at ICE.

8.  Social media platform Twitter, pursuit to shutter inactive accounts. Square Crypto, whose Twitter account is seemingly manned by bitcoin bull Jack Dorsey, revealed that the Twitter account of the late Hal Finney isn’t going anywhere. Square Crypto, tweeted, "Checked with at Jack last night. It won't be affected." Hal Finney was a cryptographer who is famous for receiving the first ever Bitcoin transaction sent by Satoshi Nakamoto. However, the tweet was deleted the next day.

9.  Microsoft, major game developer Eidos and gamebook firm Fabled Lands are jointly developing a blockchain card game based on a 1980s best-selling gamebook “The Way of the Tiger.” Jamie Thomson' Fabled Lands’ chief executive officer decided to use blockchain because he believes it suits what he is trying to achieve better than a traditional videogame. The company plans to use non-fungible tokens (NFT) on the Vechain blockchain which has been associated with enterprises and supply-chain management.

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