Crypto News Cast 📮 08-11-2020

News Source

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $443 B
📊24h Mcap %: 0.68%
⚠️Bitcoin Dom: 64.30%
📌Active Coins: 4,544
📍24h Vol %: 3.56%
💲24h Vol: $133 B

Crypto News Updates :

• Brazil Plans To Launch Central-Bank-Backed Digital Currency
• Vitalik Buterin Contributes 3,200 ETH To Ethereum 2.0's Deposit Contract
• Team Zuby Brings Limited Edition Merchandise Collection On VeChain
• Veteran Investor Bill Miller Says Every Major Investment Bank Will Own Bitcoin
• Number Of Wrapped Bitcoin On Tron Network Growing
• Defense Firm Thales Uses Blockchain For Defense Aircraft Parts Traceability

Register at the best leverage exchanges

• ByBit: https://bit.ly/36JuDQZ
• BitMEX: https://bit.ly/2M74PX9
• Binance: https://bit.ly/34urfrJ
• Gemini: https://bit.ly/2IiqQDp
• FTXexchange: https://bit.ly/2SGhEL5
• Bittrex: https://bittrex.com/Account/Register?referralCode=FIV-UX0-TAQ
• BraveBrowser: https://brave.com/nnr477

Advertise Your Products and Get Leads To Your Business Hashing Ad Space

• Register link: http://bit.ly/2YlhQRh

Buy Products and Gift Cards With Bitcoin and Cryptocurrencies: http://bit.ly/2sFJvSf

Brazil Plans To Launch Central-Bank-Backed Digital Currency

Brazils’s Economy Minister Paulo Guedes recently confirmed the country’s plan to launch central-bank-backed digital currency (CBDC). Guedes revealed plans of launching a CBDC during a special ceremony that celebrated the opening of the 100 millionth digital savings account in Caixa Economica Federal. He said that the central bank is once again independent and that the digital dimension is booming. The economy minister revealed that Brazil would have its own digital currency and remain ahead of many other countries. Read Full on cointelegraph.

Vitalik Buterin Contributes 3,200 ETH To Ethereum 2.0's Deposit Contract

Ethereum founder Vitalik Buterin has sent his first ether for staking on the next iteration of the blockchain network. Buterin's "VB2" address sent 100 transactions for 32 ether each, all in totaling 3,200 units of the cryptocurrency. The transactions were sent to Ethereum 2.0's newly launched deposit contract, which went live Wednesday as a means for network participants to move funds from the current proof-of-work blockchain to the soon-to-launch proof-of-stake (PoS) blockchain. The deposit contract now holds 38,693 ether, worth some $17 million. Read Full on The Block.

Team Zuby Brings Limited Edition Merchandise Collection On VeChain

VeChain (VET), in collaboration with the Bitcoin Movement (BTCMVMNT) and Zuby, a rapper and entrepreneur are joining forces to tap the immutability property of distributed ledger technology (DLT), to create a limited-edition merchandise collection. the blockchain-based limited-edition merchandise collection is made up of just 300 items: 125 fully branded T-shirts, 125 caps, and 50 hoodies. The team says the entire details of each collection will be stored on the VeChainThor blockchain forever via NFC chips. Read Full on BTCMANAGER.

Veteran Investor Bill Miller Says Every Major Investment Bank Will Own Bitcoin

Mutual fund legend Bill Miller told CNBC Friday that the risks of bitcoin going to zero are “lower than they’ve ever been before” and predicted every major investment bank and high net worth firm will eventually have exposure to bitcoin. Miller said “The bitcoin story is very easy, it’s supply and demand." He added, "bitcoin’s supply is growing around 2.5% a year and the demand is growing faster than that.” On Friday, Miller warned of inflation “coming back” with the Federal Reserve “gunning the money supply” and future fiscal relief coming from Congress. Read Full on CoinDesk.

Number Of Wrapped Bitcoin On Tron Network Growing

This past week and when Bitcoin was breaking the $14k and $15k price ceilings, the amount of Wrapped BTC on the Tron network was also growing. At the time of writing, there is exactly 15,000 BTC on Tron (BTCTRON). This amount is five times higher than the 3,000 BTCTRON that was available in late October. This milestone was highlighted and shared via Twitter by the project’s founder and CEO, Justin Sun. A quick look at Tronscan reveals that BTCTRON currently has a total of 2,468 holders and the digital asset has had a total of 46,397 transactions on the Tron network. Read Full on ethereumworldnews.

Defense Firm Thales Uses Blockchain For Defense Aircraft Parts Traceability

Thales, a French multinational specialized in products and services for the aerospace and defense industries, said it opened a new Industry 4.0 Production and Maintenance Center in Spain, which leverages blockchain. The technology will be used for traceability of all parts and products that go through the complex to comply with NATO requirements and various Ministries of Defense. The products created at the location include radio communications, aeronautics and naval equipment. Read Full on thalesgroup.