Crypto News Cast 📮 20-10-2020

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24hours Cryptocurrency Market Cap:

📈MarketCap: $367 B
📊24h Mcap %: -0.10%
⚠️Bitcoin Dom: 60.40%
📌Active Coins: 4,376
📍24h Vol %: 6.50%
💲24h Vol: $79 B

Crypto News Updates :

• Japan’s Payment Firm And Bank To Test Blockchain-Based Digital Id System
• Dash Holders Will Be Able To Access DeFi Services
• Number Of Bitcoin Addresses with 100+ BTC Hits 6-Month High
• Algorand To Foster 10 Blockchain Startups With Its Asia Accelerator Program
• ConsenSys dev: ETH 2.0 Beacon Chain Genesis Will Happen In Next Few Weeks
• Messaging Giant LINE Building Platform For Developing Customized CBDC
• Brave Teams Up With Crypto Game Splinterlands
• Report: Crypto Investment Is 5TH Most Popular Investment Tools In Russia

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Japan’s Payment Firm And Bank To Test Blockchain-Based Digital Id System

Japan’s 3rd largest bank, Mizuho Bank and local payment giant JCB are preparing to pilot a digital identity interoperability system based on blockchain tech. The new system will utilize a blockchain solution developed by Fujitsu Laboratories. The new joint initiative will allow the companies to verify mechanisms to securely transfer and link member ID information by multiple business operators. This data includes names, addresses and employers stored on a cloud platform built by Fujitsu. The pilot will also involve 100 Fujitsu Group employees. Read Full on cointelegraph.

Dash Holders Will Be Able To Access DeFi Services

Dash holders will soon be able to access DeFi, services through a collaboration with StakeHound. Dash holders must send tokens to StakeHound, which will then instantly generate and send back a wrapped ERC-20 representation called stakedDASH. StakedDASH will be tradable and usable in major DeFi platforms using the Ethereum or Radix networks. The Dash tokens held by StakeHound will be held in a masternode and the standard rate of network rewards will be issued to users. This will enable Dash holders to gain the benefits of network staking. The minimum amount required to stake through StakeHound is just 1 Dash. Read Full on cointelegraph.

Number Of Bitcoin Addresses with 100+ BTC Hits 6-Month High

Popular analytics data aggregator Glassnode has reported that the amount of medium-sized Bitcoin investors has surged to a six-month high. It reports that the amount of addresses with 100+ BTC has risen to a new six-month high value of 16,159. According to data provided by glassnode investors are rushing to get more BTC, as the amount of non-zero BTC wallets has also reached a new all-time high of 31,913,344. Having risen from 31,908,804 on Sunday, that shows a growth of more than 5,000 BTC wallets in 24 hours. Read Full on U.Today

Algorand To Foster 10 Blockchain Startups With Its Asia Accelerator Program

Blockchain platform Algorand has announced its first Asia Accelerator program. The program is part of the partnership between Algorand Foundation and Borderless Capital, an Algorand-based blockchain venture funds. Platforms that would benefit from the program include Staker DAO a platform for governing financial assets in a decentralized ecosystem and Obsidian Labs, a blockchain technology company focused on developer tools and services. The other startups on the list are Mugglepay, DEXTF, Neutron Finance, xbullion, LawCoin, Eastern Blu Music Ecosystem, VeriTX and Yieldy Finance. Read Full on BTCMANAGER.

ConsenSys dev: ETH 2.0 Beacon Chain Genesis Will Happen In Next Few Weeks

An Ethereum 2.0 developer predicts the protocol’s deposit contract will be released in a matter of days, and that ETH 2.0 staking will go live this year. ConsenSys developer Ben Edgington has published an update that predicts the ETH 2.0 beacon chain genesis will happen within the next six to eight weeks. The deposit contract allows ETH to be sent between Ethereum and ETH 2.0, and is one of the few remaining updates needed to facilitate the roll-out of ETH 2.0 phase 0. Read Full on cointelegraph.

Messaging Giant LINE Building Platform For Developing Customized CBDC

LINE, a Tokyo-based subsidiary of the South Korean internet search engine company Naver, is building a platform for developing central bank digital currencies, South Korean news agency The Chosun Ilbo reported on Oct. 19. LINE aims to support the development of a customized CBDC. The messaging company is discussing the application of its blockchain-based CBDC platform with several central banks in major Asian countries, according to the report. Read Full on cointelegraph.

Brave Teams Up With Crypto Game Splinterlands

Privacy-centric and crypto-friendly web browser Brave announced a partnership with blockchain-based competitive card game Splinterlands, which will see the two allies collaborate on marketing initiatives and integrations across the two products. Splinterlands will integrate Brave’s Basic Attention Token (BAT), which is awarded to users who agree to view Brave’s advertisements while browsing. Splinterlands players will be able to use any earned BAT to purchase the game’s credits, which can be spent on buying new booster packs or buying cards from other players in the marketplace. Read Full on Decrypt.

Report: Crypto Investment Is 5TH Most Popular Investment Tools In Russia

According to the new report of World Gold Council, cryptocurrency is currently the fifth-most popular investment tool in Russia after savings accounts, foreign currencies, real estate and life insurance. As part of the World Gold Council's rankings of Russian investments made in the past 12 months, crypto is followed by gold, accounting for 17% and 16%, respectively. The report is based on a survey of 2,023 online interviews with investors from cities across Russia. The respondents are “active investors” those who made at least one investment in the 12 months preceding the survey. Read Full on cointelegraph.