Cryptocurrency News Cast 📮 03-10-2020

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24hours Cryptocurrency Market Cap:

📈MarketCap: $337 B
📊24h Mcap %: 0.46%
⚠️Bitcoin Dom: 57.90%
📌Active Coins: 3,910
📍24h Vol %: -26.39%
💲24h Vol: $91 B

Cryptocurrency News Updates :

• Coinbase Allows 'Instant' Withdrawals Via Visa and Mastercard
• Venezuela Trials Crypto Powered Decentralized Stock Exchange
• Decentralized Exchanges Trading Volume Surged To $23.5 Billion In September
• Vitalik Buterin: Ethereum Will Be Able To Process 100,000 TPS
• United Nations Teamed Up With IOHK For Sustainable Blockchain Projects
• Daily Active Addresses On Ethereum Network Risen By 13% Within 2 Weeks
• eToro Offering Staking Rewards To Users Of Cardano And Tron

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Coinbase Allows 'Instant' Withdrawals Via Visa and Mastercard

Coinbase is now offering “instant” withdrawals in nearly 40 countries, including the U.S. and the U.K. The new feature is being facilitated via Visa and Mastercard. Coinbase said its customers in the U.S., the U.K., and Europe would be able to withdraw funds with a linked Visa debit card. In the U.S., they will also be able to withdraw with their Mastercard. By enabling real-time card withdrawals through the Visa Direct capability, Coinbase is delivering a faster, simpler and more connected experience for its users making it easier to convert crypto balances into fiat, which can be spent at the merchant locations where Visa is accepted. Read Full on The Block.

Venezuela Trials Crypto Powered Decentralized Stock Exchange

Venezuela’s National Securities Superintendency has given the go-ahead for a 90-day pilot of a crypto-powered “decentralized stock exchange” dubbed BDVE in the country that aims to have a global reach despite international sanctions. The platform’s operating manual notes that the securities traded on the platform will comprise ERC-223 or ERC-721 tokens, or a third “packable” token. While the document does not contain the word Ethereum, use of the popular Ethereum (ETH) token standards suggests that the platform may be built on Ethereum. Read Full on cointelegraph.

Decentralized Exchanges Trading Volume Surged To $23.5 Billion In September

Data for September shows that decentralized exchanges saw more than $23 billion in trade volume for the month. The approximately $23.5 billion in volume reflects a 103% month-over-month increase compared to August's $11.6 billion, according to data published by Dune Analytics, which tracks volumes in the DEX ecosystem. September's volume figure is higher than previously reported. Two leading decentralized exchanges made up most of September's volume, with Uniswap making up 65% and Curve making up 22%. Read Full on The Block.

Vitalik Buterin: Ethereum Will Be Able To Process 100,000 TPS

Ethereum's inventor Vitalik Buterin shared a new detailed roadmap for Ethereum (ETH). Vitalik Buterin highlighted that new Ethereum's (ETH) scalability strategy will move its blockchain ecosystem to rollups, Plasma and state channels. Also, Vitalik shared the long-term prospects of the new approach to scalability. He estimates that once optimistic rollups are fully implemented and the transition to ETH2 begins, Ethereum (ETH) will be able to process 100,000 transactions per second (Phase 1.5). In ETH2 with its sharded infrastructure, 1000-5000 TPS will be available. Read Full on U.Today.

United Nations Teamed Up With IOHK For Sustainable Blockchain Projects

The United Nations has partnered with the team behind the Cardano blockchain, Input Output Hong Kong (IOHK), on its 75th year anniversary. As part of this collaboration, the UN will implement Cardano’s Project Catalyst particularly in voting on proposals that satisfy its Sustainable Development Goals. These are the goals that all UN member countries adopted in 2015 in a bid to alleviate poverty, make sure that everyone enjoys peace and prosperity by the year 2030, and protect the environment. Read Full on ZyCrypto.

Daily Active Addresses On Ethereum Network Risen By 13% Within 2 Weeks

The month of October kicked off on a good note for all digital assets including Ethereum (ETH). According to the team at Santiment, the Ethereum network has also exhibited considerable network growth in the past 12 days in terms of daily active addresses. The team shared their analysis via Twitter and explained that from September 1st to the 16th, the average daily active addresses on the Ethereum network was 338,375. However, in the past 12 days, that daily average has increased to 389,947. This translates to a growth of 13.2% in the mentioned time period. Read Full on ethereumworldnews.

eToro Offering Staking Rewards To Users Of Cardano And Tron

Multi-asset exchange eToro is launching a new service that will offer rewards for “staking” tokens, beginning with TRON and ADA. eToro will effectively execute the staking on behalf of its users. Compared to proof-of-work protocols, which rely on miners running powerful computer hardware to confirm transactions, proof-of-stake (PoS) networks rely on the users themselves to stake, or lock up, their tokens and provides rewards for confirming transactions. eToro's service is aimed to make staking more accessible for everyday users, the firm said in a statement. Read Full on CoinDesk.