Cryptocurrency News Cast 📮 08-10-2020
Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $343 B
📊24h Mcap %: 3.58%
⚠️Bitcoin Dom: 58.60%
📌Active Coins: 4,291
📍24h Vol %: -1.10%
💲24h Vol: $105 B
Cryptocurrency News Updates :
- Blockchain Firm ShareRing Allow Users To Pay Trips On Viator Via Crypto
- BMW Introduce Blockchain-Powered Reward Program
- Sharia Council Claims Crypto Offer Many Opportunities
- South Korea Will Test Its Digital Currency Next Year
- Multi-Platinum Record Producer Murda Beatz Buys Bitcoin
- KPMG To Help Track Climate Emissions Using Blockchain
- First-Ever NFT-Linked Bitcoin Artwork Auctioned For $131,250
- Wrapped BTC (WBTC) Total Value Locked Exceed $1 Billion
- Messaging App Line Unveils Crypto Lending Service
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Blockchain Firm ShareRing Allow Users To Pay Trips On Viator Via Crypto
Australian-based blockchain company ShareRing has partnered with Tripadvisor experience marketplace Viator to allow users to book, register, and pay for 400,000 tourism experiences using cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and its native SharePay token (SHRP). The platform uses the ShareRing ID system to ensure that sensitive personal and financial information is securely handled, and has contact tracing features to help with tourism safety during the pandemic. Read Full on cointelegraph
BMW Introduce Blockchain-Powered Reward Program
World-famous car manufacturer, BMW will soon launch a blockchain-powered reward program called BMW Vantage. The points-based rewards program uses blockchain technology to securely allocate and track tokens for participating customers. Broadly, the purpose of the points-based scheme will be to provide loyal users with discounts on car maintenance and other BMW services. For those with higher-tier membership in the program, the company is promising them invites to cultural events organized by BMW. Read Full on cointelegraph
Sharia Council Claims Crypto Offer Many Opportunities
The chair of Malaysia’s Sharia Advisory Council says not only that cryptos are sharia compliant, but also that they offer many opportunities. According to Shariah Advisory Council chairman of the Securities Commission of Malaysia (SC) Datuk Dr Daud Bakar this new development can open up so many interesting areas in Malaysia, in which crypto can be deemed as investment assets where people can buy and hold for trading. Bakar also raised the possibility of cryptos being used to finance new ventures or projects. Read Full on Trustnodes
South Korea Will Test Its Digital Currency Next Year
The Bank of Korea, South Korea's central bank, is set to test digital currency for pilot transactions next year. South Korean state-run news agency Yonhap reported, the Bank of Korea has completed the design and technology review of its digital currency and will now focus on testing it. The Bank of Korea would be in charge of issuance and redemption of digital currency, while private financial institutions would manage its distribution, per the report. The central bank would also reportedly use blockchain technology to manage CBDC test transaction details. Read Full on The Block
Multi-Platinum Record Producer Murda Beatz Buys Bitcoin
Multi-platinum record producer buys Bitcoin, is welcomed into the club by Pomp. Murda Beatz, known for his popular music collaborations with Drake, Nicki Minaj, Travis Scott, and others, has bought himself some Bitcoin. Murda Beatz (Shane Lee Lindstrom) is a Canadian record producer who has worked on eight Grammy-nominated albums with the likes of Cardi B, Travis Scott, Nipsey Hussle, and he produced Drake’s smash hit “Nice for What,” which was No. 1 on the Billboard Hot 100 for 8 weeks. Read Full on cointelegraph
KPMG To Help Track Climate Emissions Using Blockchain
International accounting firm KPMG has unveiled its blockchain based Climate Accounting Infrastructure (CAI) solution to help organizations measure, report, and offset their greenhouse gas emissions. CAI uses blockchain to securely store environmental data in a financial system as part of organizations’ climate risk assessments and asset valuations. Data reports will be disclosed in a transparent and trustworthy manner in order “to meet stakeholder expectations and to comply with emerging regulations. Read Full on cointelegraph
First-Ever NFT-Linked Bitcoin Artwork Auctioned For $131,250
Block 21, an artwork and accompanying non-fungible token (NFT) “digital portrait” of Bitcoin inventor Satoshi Nakamoto, fetched $131,250 at an auction at Christie’s today. It was the first-ever NFT sold at a major auction house. The work is just one of a series of 40 total objects, collectively titled Portraits of a Mind. Each of these panels—imposing, circular structures with their centers removed—displays a section of Bitcoin’s v0.1.0 code. Some 322,048 digits were individually inscribed on each panel. Read Full on Decrypt
Wrapped BTC (WBTC) Total Value Locked Exceed $1 Billion
The recent DeFi bull-cycle has pushed the total value locked (TVL) of popular Bitcoin (BTC) tokenization protocol Wrapped BTC (WBTC) up by 900% to surpass $1 billion. The milestone comes four weeks after the TVL of all Bitcoin tokenized on Ethereum (ETH) surpassed $1 billion for the first time. The current TVL of tokenized Bitcoin is nearly $1.5 billion, of which WBTC currently represents one-third. Wrapped Bitcoin is now the fifth-largest DeFi protocol in terms of TVL, representing nearly 10% of the entire sector’s locked capital. Read Full on cointelegraph
Messaging App Line Unveils Crypto Lending Service
LVC, the crypto exchange operator and blockchain business unit of LINE, is launching a service that allows users to lend crypto assets to its exchange BITMAX. In return lenders will receive a rental fee, which is like the interest on a bank loan. Between Oct. 7- Oct. 30, the company will run a campaign that will let users earn up to 10% per annum of the fee from the lending service. Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Litecoin (LTC) and Bitcoin Cash (BCH) are eligible for the lending service. Read Full on CoinDesk.