Crypto News Cast 📮 11-10-2020

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Welcome to The Cryptocurrency News Cast: A Complete Crypto News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap: $358 B
📊24h Mcap %: -1.20%
⚠️Bitcoin Dom: 58.50%
📌Active Coins: 4,305
📍24h Vol %: -4.28%
💲24h Vol: $77 B

Crypto News Updates :

• Brave Becomes The Top Rated Web Browser
• GM and Honda Launches Blockchain-Based Electric Vehicle Charging Network
• Hester Peirce: Number Of People Interested In Crypto Growing
• Tyler Winklevoss: Institutional Tsunami Coming to Bitcoin
• Blocktower Capital co-founder Ari Paul Believes Paypal Might Be Next to Support Bitcoin
• Top Publicly Traded Companies Now Holds Total Of 598,237 Bitcoins
• $1.5 Billion Worth Of Bitcoin Is Now Locked Up In Ethereum
• Coinbase VP of Business and Data Will Leave Over Mission Statement
• Payments firm Rocketfuel Blockchain sues co-founder over expired patents

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Brave Becomes The Top Rated Web Browser

Privacy-centric browser Brave has soared past competitors on the Google Play Store, becoming the top-rated browser and leaving Google's own Chrome browser in the dust. With a rating of 4.8 stars out of 5 from over 238,000 total reviews, Brave has gained a serious advantage over the competition, edging out Chrome, Firefox, and many others by a noticeable margin. The relative newcomer to the browser space has gained significant headway since the launch of its stable release in November last year. Read Full on Decrypt.

GM and Honda Launches Blockchain-Based Electric Vehicle Charging Network

MOBI’s Electric Vehicle Grid Integration Working Group, chaired by Honda and General Motors (GM), has launched a global standard enabling the creation of decentralized electric vehicle charging networks through blockchain. The standard will initially focus on three main use case areas: peer-to-peer (P2P) applications, tokenized carbon credits (TCC), and vehicle to grid integration (V2G). By utilizing the standard and its applications, MOBI hopes to improve road safety, lower carbon emissions, and reduce traffic congestion. Read Full on cointelegraph.

Hester Peirce: Number Of People Interested In Crypto Growing

U.S. Securities and Exchange Commissioner (SEC) Hester Peirce, well known for her pro-cryptocurrencies views, said increased interest in the space from a wide spectrum of people, both inside the crypto space as well as inside the traditional financial institutions will necessarily force the regulatory body to shift toward a more accommodating stance. She also told that the number of people interested in innovation and in crypto at the SEC is also growing. Read Full on CoinDesk.

Tyler Winklevoss: Institutional Tsunami Coming to Bitcoin

Gemini CEO Tyler Winklevoss says Square Inc.’s massive Bitcoin purchase is merely the beginning of an influx of institutional investments into the leading cryptocurrency. Tyler Winklevoss, the co-founder and CEO of crypto-exchange Gemini and staunch Bitcoin advocate, tells his Twitter followers that these large BTC purchases are just the first drops in a tidal wave of institutional investments that are coming to the Bitcoin space. He told, "Tomorrow, it will be another visionary leader, and another, and another...the tsunami is coming." Read Full on twitter.

Blocktower Capital co-founder Ari Paul Believes Paypal Might Be Next to Support Bitcoin

On October 8, the $81 billion technology conglomerate Square announced it purchased $50 million worth of Bitcoin. Following Square, Blocktower Capital co-founder Ari Paul said he believes PayPal could announce Bitcoin support. He said, "Square news is cool, but Paypal has 10x the users. I think we'll see Paypal announce support for BTC by year end." Based on the continuous links between PayPal and the cryptocurrency sector, it seems like Paul is right about PayPal. It could soon become the next major conglomerate to support Bitcoin. Read Full on U.Today.

Top Publicly Traded Companies Now Holds Total Of 598,237 Bitcoins

Bitcoin has continued to gain acceptance from the mainstream by many corporate organization. The total number of Bitcoins held on corporate balance sheets has now reached 598,237BTC, or 2.85% of circulating supply. As per BitcoinTreasuries.org, Grayscale maintains its place as the highest corporate holder of Bitcoin with 449,596 BTC. This is followed by MicroStrategy which holds 38,250, and Galaxy Digital Holdings with 16,651. Others are Square which holds 4,709, HUT 8 Mining Corporation with 2,954, Riot Blockchain with 1,053, and more. Read Full on ZyCrypto.

$1.5 Billion Worth Of Bitcoin Is Now Locked Up In Ethereum

There are now 131,455 Bitcoin on Ethereum, or $1.497 billion, as of Sunday, October 11. That’s equivalent to 3.6% of Ethereum’s market cap. The most popular is Wrapped Bitcoin, or wBTC, which holds 73% of the market share. Next up is renBTC, with 20% of the market share. Curiously as one Redditor noted Ethereum-based Bitcoin's $1.5 billion figure is about 130 times the amount of Bitcoin locked up in Bitcoin’s Lightning Network, a protocol built atop the Bitcoin blockchain designed to hasten transactions. Read Full on Decrypt.

Coinbase VP of Business and Data Will Leave Over Mission Statement

Dan Yoo explained in a LinkedIn post that his departure was because of the Oct. 7 deadline to express interest in a severance package for employees not comfortable with CEO Brian Armstrong’s recent blog post,Yoo said he would stay at the company through the end of the year, if necessary, to help manage his transition out of the company. Read Full on Coindesk.

Payments firm Rocketfuel Blockchain sues co-founder over expired patents

Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm, In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page hid the fact that patents he transferred to the company had expired. The company is seeking damages of at least $5.1 million. Read Full on Cointelegraph