Cryptocurrency News Cast 📮 14-09-2020

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $350 B
📊24h Mcap %: 8.96%
⚠️Bitcoin Dom: 56.50%
📌Active Coins: 3,909
📍24h Vol %: 30.88%
💲24h Vol: $242 B

Cryptocurrency News Updates :

• One of The Most Reputed Exchange Kraken Planning to Broadening Ethereum Ecosystem
• South African Crypto Exchange Will Adopt XRP Fork Flare’s Spark Token
• Ethereum’s Smart Contract Launches Hit All-Time High Since 2018
• Ethereum Developer Activity Soars to 7-Month High
• Binance Smart Chain Daily Transaction Volume Reached 14% Of ETH
• New Draft Law Suggests The European Union Is Set To Regulate Crypto
• Payments Firm Square Unveiled Cryptocurrency Open Patent Alliance

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One of The Most Reputed Exchange Kraken Planning to Broadening Ethereum Ecosystem

Crypto exchange Kraken is seeking an Ethereum (ETH) specialist to serve as the face of the firm's endeavors in the ecosystem. As per job posting, Lead ETH Strategist position would have internal and external responsibilities related to ETH. Externally, the person will be tasked with appearing in media interviews and serving as a thought leader on social media by communicating "the value proposition of the ETH ecosystem." Internally, the person will "inform Kraken's ETH focus and strategy including how to be positioned with respect to DeFi applications and new token listings." Read Full on The Block.

South African Crypto Exchange Will Adopt XRP Fork Flare’s Spark Token

The distribution of Flare’s Spark (FXRP) token - the fork of XRP - will get supported by South African crypto exchange AltCoinTrader. The exchange will pass on Spark tokens to all of its clients that hold XRP. Flare is will make it possible to execute smart contracts with the XRP on the Ethereum blockchain by integrating the Ethereum Virtual Machine (EVM). It aims to build a two-way bridge between the two ecosystems, bringing XRP’s scalability to a plethora of applications built on top of the Ethereum network. Read Full on U.Today.

Ethereum’s Smart Contract Launches Hit All-Time High Since 2018

More than 300 smart contracts are now being launched every day on Ethereum, up from 50 or so two months ago. On September 9, 292 contracts were launched, reaching just one short of the all-time high since July 2018. All suggesting there has been a significant increase in using Ethereum’s functionality during this summer. Much of it probably due to financial dapps with many of them very new in a nascent and rapidly developing field where billion dollar businesses can be built with just one eth. Read Full on Trustnodes.

Ethereum Developer Activity Soars to 7-Month High

The developer activity on the Ethereum blockchain network has soared to a 7-month high. The data shows a healthy trend for ETH, as price consolidates while developer activity rises. According to the data from Santiment, Ethereum Github’s development rates reached a 7-month high. The researchers at Santiment wrote, $ETH continues to make its case as the most highly innovative network in crypto. The rising developer activity on Ethereum coincides with a noticeable spike in user activity fueled by decentralized finance. Read Full on U.Today.

Binance Smart Chain Daily Transaction Volume Reached 14% Of ETH

World’s largest crypto exchange, Binance CEO Changpeng Zhao, or CZ stated on twitter that Binance Smart Chain (BSC) transaction volume is now 14% of ETH. Those figures are pretty accurate with Binance Smart Chain transactions surging to almost 140,000 on Sunday, while Ethereum’s are just over a million per day. BNB hit $32 on Sunday, September 14, highest since June 2019, marking a surge of almost 30% since the same time last week. This has propelled its market capitalization over $4 billion which is around 10% of Ethereum’s at the moment. Read Full on Twitter.

New Draft Law Suggests The European Union Is Set To Regulate Crypto

As the demand for cryptocurrencies continues to soar, countries in Asia and Africa have begun to create and embrace lighter regulatory policies. The European Union, a political and economical body, which consists of 27 member states, has become the newest organization to tailor down new guidelines for the regulation of digital currencies. In a leaked 167-page draft, the regulatory guidelines summarize policies for inspecting market volatility for Bitcoin and other Cryptocurrencies, including stablecoins. Read Full on ZyCrypto.

Payments Firm Square Unveiled Cryptocurrency Open Patent Alliance

Square, the United States-based financial services company headed by Twitter’s Jack Dorsey, is establishing a consortium to fight patent trolling and ensure open access to technology in the crypto sector. The Cryptocurrency Open Patent Alliance (COPA) seeks to democratize access to innovative technologies in the crypto sector, asserting that “open access to patents covering foundational cryptocurrency technologies is necessary for the community to grow, freely innovate, and build new and better products.” Read Full on cointelegraph.