Cryptocurrency News Cast 📮 23-08-2020
Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $363 B
📊24h Mcap %: 0.27%
⚠️Bitcoin Dom: 59.30%
📌Active Coins: 3,793
📍24h Vol %: -20.89%
💲24h Vol: $78 B
Cryptocurrency News Updates :
- Chainlink Booms Again Gains 15% In Last 24 Hours
- EU Proposes Single Market For Cryptocurrencies
- Nigerians Moving To Bitcoin As Country's Foreign Currency Crisis Rising
- Thailand Judicial System Will Shift To Blockchain
- Ethereum’s Popular Wallet MetaMask Updating Users License
- Max Keiser: Bitcoin Is Better Than Gold For Climate Migrants
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Chainlink Booms Again Gains 15% In Last 24 Hours
The Link Marines have won the battle but not the war. Chainlink, the decentralized price oracle whose hardcore fans number in the thousands keeps rising on the weekends. Link has increased by 15% in the past 24 hours to its current price, $15.59. As a decentralized price oracle, Chainlink ensures that real-world information, like readings from a thermometer, makes its way to decentralized protocols in a trustless manner. The way Chainlink is set up incentivizes its miners not to make up false information. Read Full on Decrypt.
EU Proposes Single Market For Cryptocurrencies
The European Commission, the legislative body of the European Union, is in the final stages of a proposal for the region’s first crypto and digital finance framework. Successful passage of the law would provide for an optimal legal environment for crypto firms to build their business. The forthcoming legislation will also open up the vast opportunities for businesses and entrepreneurs to build digital finance applications.The legislation also plans to create a single market for cryptocurrencies so they can be sold across all European countries. Read Full on Decrypt.
Nigerians Moving To Bitcoin As Country's Foreign Currency Crisis Rising
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Data from Local.Bitcoin.com shows that Nigeria overtook the United States as the country with the most downloads of the Bitcoin.com Wallet in the past week. Out of the 18,613 wallets downloaded between 10 and 16 August, 3,473 were from Nigeria which shows the country is well ahead of the 2,802 from the United States. Read Full on Bitcoin News.
Thailand Judicial System Will Shift To Blockchain
Thailand’s judicial system is preparing for a big blockchain upgrade. The Office of the Courts of Justice, which oversees over 90% of Thailand’s courts, says it has plans to move court records and other judicial information into a distributed ledger by 2021. Thailand’s largest court body claims that it is the first government agency in the world to transfer judicial records into a blockchain. As part of the initiative, the country’s judicial arm is getting ready to train court officials on how to use the system. Read Full on The Daily Hodl.
Ethereum’s Popular Wallet MetaMask Updating Users License
Ethereum’S popular wallet service, MetaMask has announced it had made updates to its products' use license. MetaMask stated, the new updates won’t have any impact on all end-users, most application developers and non-profits and will be free of charge for those groups. MetaMask clarified that it would continue publishing and iterating upon the wallet provider API in the public sphere, ensuring a widely cross-compatible ecosystem of applications. It added it would remain committed to publishing all code in a public repository. Read Full on cointelegraph.
Max Keiser: Bitcoin Is Better Than Gold For Climate Migrants
Prominent Bitcoiner and TV host on RT, Max Keiser has tweeted that environmental migrants have started seeking places to live with a better environment and Bitcoin can help them travel and settle down since Bitcoin is acceptable in many locations in Europe, Asia and the US now. Further he said, Gold can be used for the same purposes, however, Bitcoin is easier to carry and transport large amounts of it. Besides, Bitcoin cannot be confiscated by authorities or taken away by robbers. Read Full on U.Today