Bitcoin, Blockchain & Cryptocurrency News

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# Bitcoin News

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October 24,2020 by at Bitcoin
A day after the formal announcement of strategies for facilitating crypto services, the payment service provider PayPal is now said to be in talks to buy cryptocurrency companies including BitGo to support its position in the business. PayPal Is Looking to Buy Cryptocurrency Companies According to a report by Bloomberg,...
October 23, 2020 by at Bitcoin
Leading online payment processor PayPal confirmed on Oct 21 that it will offer cryptocurrency buying, selling, and storage services. Initially available for US customers, Paypal will offer the facility for Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. However, there are concerns that the custodial service is stripping Bitcoin and other cryptocurrencies...
October 22,2020 by at Bitcoin
Singapore., Oct. 22, 2020 /PRNewswire/ -- StormX, the pre-eminent Crypto Cash Back and rewards platform, has just announced a new ambitious referral program for StormX — an app that allows users to earn Crypto Cash Back for shopping at over 500 online stores supported by the platform.  As part of...

# Blockchain News

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October 23,2020 by at Blockchain
A blockchain-based QR health code system mutually recognized by Macau and China’s southern Guangdong province authorities allows over 17 million people to travel in and out of the two regions despite the travel standstill caused by coronavirus pandemic, The South China Morning Post reported on Oct 22. Blockchain to the Rescue for...
October 22, 2020 by at Blockchain
Collider Labs, a venture builder for early-stage blockchain and crypto companies, has announced the close of a $1 million investment vehicle.  Founding Venture Partner Avishay Ovadia heralded the announcement, saying, “Capital raising in the crypto space has been commoditized. Entrepreneurs are drawn to investors who are capable of providing funding,...
October 21,2020 by at Blockchain
The Switzerland government has initiated a consultation procedure for laws regarding blockchain and DLT technology. The consultation is set to last for three months and will help regulators reach a consensus on the future of blockchain in the European nation. Blockchain Laws at the Forefront of Consultation The development of...

# Altcoins News

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October 23,2020 by at Altcoins
Ontology (ONT) has announced that it has now built its decentralized identity solutions on the Polkadot network. The move is part of Ontology’s plans to build a Polkadot-parachain that will support credit-based services on decentralized identity and cross-chain communication, according to a blog post on October 23, 2020. Ontology Joins...
October 23, 2020 by at Altcoins
Tron Foundation has announced the termination of 1:1 withdrawals on OKEx.  This was contained in a press release on the current issues that the blockchain is having with embattled exchange OKEx. Withdrawals Frozen on OKEx OKEx froze withdrawals on Oct 16 amid controversy that the exchange had been under investigation...
October 22,2020 by at Altcoins
Soramitsu, a Japanese Fintech company, has announced KAGOME, a C++ implementation of the Polkadot Host built with the support of the Web3 Foundation (W3F) grant, in a press release on Oct 22.  Soramitsu Work in Polkadot  The company is behind the world’s first central bank-issued blockchain payment app for the national bank...

# Regulation News

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October 24,2020 by at Regulation
With plans to conduct tests on an experimental digital yen in 2021, the Bank of Japan (BOJ) is saying the public’s input is a required component of any actual central bank digital currency (CBDC) launch. As China continues to make significant progress with its digital currency electronic project (DCEP), other...
October 22, 2020 by at Regulation
Crypto exchange Kraken is relaunching in Japan after a two years hiatus, the U.S cryptocurrency exchange has said in a statement on Oct 22. They also become the first cryptocurrency exchange to organically enter the Japanese market without acquisition.  Kraken Relaunching in Japan This is seven weeks after its Japanese subsidiary,...
October 22,2020 by at Regulation
The Central Bank of the Bahamas has launched the country’s central bank digital currency (CBDC) called “Sand Dollar" on October 21, 2020. Like any CBDC, it is state-backed and is now available nationwide. In addition, the Sand Dollar is built using blockchain technology, which rarely happens with CBDCs. Central Bank...

# Price Analysis

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October 22,2020 by at Price Analysis, Price pages
Total crypto market cap added $31.4 billion for the period since Monday morning and now stands at $389.8 billion. Top ten coins are all in green for the last 24 hours. Litecoin (LTC) and ChainLink (LINK) are the biggest gainers with 12.8 and 8.5 percent of increase respectively. At the...
October 19, 2020 by at Price Analysis, Price pages
The total crypto market cap lost $1.6 billion of its value for the last seven days and now stands at $359.2 billion. The top 10 currencies showed mixed results for the same period with Binance Coin (BNB) adding 5.5 percent to its value while Litecoin (LTC) lost 6.7 percent. By...
October 15,2020 by at Price Analysis, Price pages
Total crypto market cap is flat value since Monday morning and still stands at $360.6 billion. Top ten coins are showing mixed results for the last 24 hours. Bitcoin Cash (BCH) added 4 percent to its value while Polkadot (DOT) lost 2.9 percent. At the time of writing bitcoin (BTC)...

# Ethereum News

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October 20,2020 by at Ethereum
Ben Edgington, a member of the Ethereum 2.0 development team, has released a report concerning the progress made so far in the ETH 2.0 development and has hinted that the deposit contract will go live in the coming days, with ETH 2.0 staking to commence before the end of 2020....
October 15, 2020 by at Ethereum
Breitling--a luxury watchmaker, is partnering with Arienee—who describes themselves as a digital identity consortium building perpetual trust between brands and owners, to issue authenticating digital certificates for Breitling watches on the Ethereum blockchain as per a blog post on Oct 14. The certificate won’t be tied to any name or email address....
October 15,2020 by at Ethereum
The Ethereum Foundation has announced the launch of a new programming language called Fe (pronounced “fee”). While the Solidity language remains the primary programming language for Ethereum, the team says the creation of Fe will give devs more coding choices.  Ethereum Gets a New Smart Contracts Language  In a bid...

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