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Colombian Tech Ministry Wants to Boost Crypto Progress + More News

20.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The Colombian Ministry of Technology has spoken out in favor of blockchain and crypto innovation for the public sector. In anofficial...

Has Binance Korea Received an Investment Boost?

20.8.2020
Source: Adobe/Negro Elkha (edited by Cryptonews.com) International crypto exchanges in South Korea are attempting to close the gap on their domestic rivals, with Binance Korea reporting a threefold growth in net capital value since its launch in April. Per Paxnet, official figures show that that...

Algorand’s Move into DeFi Gives ALGO Price a Boost

20.8.2020
Markets have responded well to Algorand's plans to get in on the DeFi action – the native ALGO token has experienced a jump in price

cLabs Acquires Summa to Boost Crypto Interoperability on Celo

13.8.2020
Token startup cLabs just acquired decentralized finance (DeFi) startup Summa, best known for its interoperability work with Bitcoin and Ethereum

Trump’s Proposed Capital Gains Tax Cut Could Boost Crypto Profits

13.8.2020
A proposed capital gains tax cut could be good news for crypto traders in the U.S

How a Decentralized Randomness Beacon Could Boost Cryptographic Security

11.8.2020
Filecoin will be the first protocol to use this production-ready version of drand to create decentralized, verifiable randomness for “leader selection.”

Blockchain-Based Trademark App Can Boost Australian Economy, Says Minister

10.8.2020
On the news Australia’s rugby league is using a blockchain-based app to stop counterfeit goods, a government minister has said it could help grow the national economy

Bitbns collaborates with Sylo to boost crypto adoption in India

17.7.2020
The fledgling Indian crypto market has got a new boost as the Global software company Sylo has joined hands with Bitbns, India’s premier cryptocurrency exchange. With this new collaboration, Sylo is looking to tap on the early opportunities available in the Indian market. There is immense potential...

Yield Farming ‘Frenzy’ Didn’t Boost DeFi User Numbers

16.7.2020
A new report has found that so-called “yield farming” has taken the decentralized finance (DeFi) scene “by storm” of late – but has failed to bring large amounts of new people to the DeFi table, and has done little to help the “DeFi community grow beyond its current borders.” These were...

Blockchain Could Help to Boost Global Jobs Creation

15.7.2020
The World Economic Forum believes that blockchain could contribute to a $365 billion savings by 2030 by reducing food loss and waste in the food supply chain

‘Fireworks Are Coming’ — FX Markets Will Boost Bitcoin, Says Analyst

8.7.2020
Coinbase analyst Max Bronstein says “fireworks” in the global currency market might positively affect the value of Bitcoin

Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost

2.7.2020
BlockFi said it's seen a surge in revenue since the bitcoin halving and the launch of its mobile app

OKCoin Exec Says PayPal Will Boost Crypto Adoption, If Rumors True

1.7.2020
OKCoin's COO said a PayPal crypto listing would give the industry vast exposure

BIS Expects COVID-19 Crisis to Boost CBDC Development Worldwide

24.6.2020
The Bank for International Settlements expects the COVID-19 crisis’ impact on retail payments to have a positive effect on central bank digital currency development

Bitcoin Halving and Competitors Boost Pressure on Bitmain & Canaan

14.6.2020
The Bitcoin (BTC) mining hardware sector is opening up. New hardware manufacturers are entering the market with innovative new mining units, reducing the former dominance of major players such as Bitmain and Canaan. And with the Bitcoin halving in May putting an extra squeeze on the profit margins...