📮 29-11-2019
📉 MarketCap: $212 B
📊 24h Mcap %: 3.46%
⚠️ Bitcoin Dom: 66.3%
📌 Active Coins: 2,459
📍 24h Vol %: 4.75%
💲 24h Vol: $52 B
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1. Twitter CEO, Jack Dorsey, reveals in a tweet that he will spend up to half of 2020 in Africa, as he believes that the continent will ‘define the future’, especially the Bitcoin one. The continent’s crypto industry is growing rapidly, as even the unbanked and underbanked areas still have access to the internet, and therefore — cryptocurrency. Twitter CEO is known for being a visionary, and if he believes that Africa has great potential for the future, others might follow his lead before long.
2. HSBC bank is planning on tracking roughly $20 billion in assets on a blockchain-based custody platform early next year. HSBC intends to move its current paper-based records onto its Digital Vault platform by March 2020, allowing investors to track securities in real-time. The U.K.-based bank will specifically digitize its private placement records, allowing investors to quickly check on holdings. The records are currently held in paper-based records. It can be “tricky and time-consuming” to access them in their present form.
3. Privacy-focused browser Brave is by far the most downloaded crypto-related app on Android, having 4 times more downloads than crypto exchange Coinbase. The browser has been gaining considerable traction among Android users since its launch in 2016. The latest achievement the innovative browser unlocked was surpassing 40 million downloads. The number of downloads isn’t the only record Brave broke. With an average rating of 4.30 and the most recent rating of 4.45, Brave is currently among the top 10 percent of all Android apps.
4. Marcus Treacher, Global Head of Strategic Accounts at Ripple, informed the community about the onboarding of HDFC, an Indian bank, onto its network. While talking about Ripple’s new ventures, Treacher said, “Ripple Siam Commercial Bank and Standard Charter Bank in hometown, Singapore. Many of the Indian banks we work with: Hindustan, Kotak, YES Bank, Axis Bank — recentl one, HDFC in India, QNB in Qatar, Saudi British Bank in Saudi Arabia. We’ve got NCB, Saudi Arabia, Al-Rajhi Bank.
5. Currently, financial institutions operating in Germany are not allowed to directly sell cryptocurrencies to their clients. However, this could change in the future thanks to the planned law that implements the fourth EU Money Laundering Directive. The bill already passed Germany’s federal parliament (Bundestag) and now it awaits the consensus of the 16 states. If the states greenlight the proposal, German citizens will be able to hold Bitcoin, Ethereum, and other digital currencies directly in banks.
6. IOTA is looking to revolutionize the digital identity space. The project has asked its community and partners to contribute ideas to help develop ideas and explore use-cases pertaining to Unified Identity Protocol (UIP), a digital identity implementation powered by IOTA’s Tangle. IOTA stressed the lack of privacy and trust in today’s Internet which is getting increasingly centralized with every passing day. IOTA envisions a decentralized approach to sharing data and building identities on the web.
7. US federal judge allowed the IRS to demand information about users' assets from Bitstamp crypto exchange. The Washington resident in question, William Zietzke, presented two arguments to the court. The first one was that the crypto user has a constitutional right to financial integrity, and the second, third parties (such as the IRS) should not be trusted with protecting the personal information of exchanges’ users.
8. AdaPay, developed by the Cardano and Coti, the solution allows merchants to accept ADA payments with “near-instant” settlement in 35 fiat currencies directly in their bank accounts. The payment solution is now purportedly available to be integrated directly into merchant’s website, using either an AdaPay button or a QR-based point of sale system. The payment tool is expected to combine “all existing support systems of traditional payment processors with the added value of digital assets.
9. Wall Street titan Fidelity Investments is poised to reward its employees in cryptocurrencies. The conglomerate is using a token based on the ERC-1404 token standard to reward its employees. TokenSoft was responsible for the design and issuance of the BBT restricted token with a unique rewards program and compliance requirements as demanded by Fidelity. The rewards system designed to encourage employees to attend internal events and other activities.
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Interesting collection of news, thanks for sharing. I wonder what will happen to Cardano... It promised so much.
Congratulations on being featured by @stortebeker in an entry for the Pay It Forward Contest
@trincowski thank u 😇
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Exciting news! The bigger the companies that encourage cryptos, the healthier the whole crypto-economy will be.
I found your post thanks to @stortebeker who featured you in the Pay it Forward Curation contest. Keep up the great work!
thanx for your support👍
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Hi @freakerz,
I liked your post so much that I featured it in my weekly curation-style post Look What I Found!
This is also my submission to @pifc's Pay It Forward Curation Contest. Please feel free to check them out both.
Thank you For Sharing Info