Vitalik Buterin leads by example, betting $ 1 million in Ethereum and other news

November 6, 2020 Coin Payment

[ad_2]

[ad_1]

Get your daily summary of cryptoasset and blockchain related news, investigating the stories flying under the crypto news radar today.

Ethereum News

Ethereum (ETH) co-founder Vitalik Buterin sent ETH 3,200, which is currently worth $ 1.2 million, to the recently launched ETH 2.0 deposit agreement. This makes him one of the first stakers and validators on the new Ethereum 2.0 blockchain, whose first phase is expected to be launched on December 1st. There are currently 39,141 ETH staked, with 485,147 ETH more needed for the launch threshold.

The South Korean blockchain-based real estate transaction platform Sure said it has more than 20,000 users, according to Maeil Kyungjae. The company’s offering allows users to buy and sell tokenized holdings in real estate and earn money from land lease and purchase contracts. The company will also offer a tokenized offering in conjunction with KEB Hana Bank for a new commercial building in Seoul’s affluent Gangnam district. The building will be valued at $ 8.9 million and will be made available under a long-term lease.
Nigeria National Agency for the Development of Information Technologies (NITDA) said the government hopes the blockchain technology sector will generate more than $ 6 billion by 2030. Per Vanguard, NITDA chief executive Kashifu Inuwa said the government wanted to ensure Nigeria was not. ” excluded “in the tender blockchain.

Crypto Custody Provider Fidelity Digital Assets is looking for around 20 new blockchain and crypto engineers in a new recruiting campaign. The company said, in a post on its website, that it was looking to “improve” its “existing bitcoin (BTC) custody and execution services” and is looking to make hires with “bitcoin development experience. ethereum (ETH) and other digital assets “. The company said it was looking to hire candidates “from all over the US, the UK and Ireland” to “work wherever they feel safe and comfortable”.

Jack Dorsey’s Square he said his Cash App in the third quarter of FY2020 it grossed $ 1.63 billion in “bitcoin revenue” as well as “$ 32 million in gross bitcoin profit”. The company said the figures represented year-over-year increases of “about x11 and x15x respectively”.
Ripple announced that total XRP sales, net of purchases, were $ 35.84 million in the third quarter of 2020, up from $ 32.55 million in the prior quarter. According to the company’s quarterly XRP Markets report, Ripple has focused solely on its over-the-counter (OTC) sales and leases as part of providing increased XRP liquidity to certain RippleNet ODL clients, eliminating the need for pre-financing, they have affirmed.
TwitterCryptocurrency “influencers” are slower than movements in the price curve, according to a new report. Researchers at consultant BDCenter said they looked at the relationship between 1.1 million tweets posted by over 100 crypto influencers with 10,000 followers or more between 2018 and June 2020. They hinted that the findings show that the crypto community generally encounters snippets of Twitter-type wisdom in -the-know with skepticism. The company wrote that “Influencers follow news, they don’t create it. When they start tweeting about a certain coin more often, it’s because its price has changed, not the other way around. “

Russian hydroelectric power and the aluminum giant En + Group will switch hands to cryptocurrency mining after forming a joint venture called Bit + with BitRiver, one of the largest Russian bitcoin mining providers. According to a press release shared with Cryptonews.com, Bit + has already started its BTC mining operations, powered by 10 MWh of capacity from En + hydroelectric generators in a “facility located near the current BitRiver data center in Bratsk, Irkutsk region of Russia”.

South Korea Financial Watchdog, Financial Services Fee (FSC), proposed an update to the Law on Reporting and Use of Specified Financial Transaction Information, seeking legal amendments for which all virtual asset service providers (VASPs) within the country would be required to use accounts with real name during financial transactions with customers. According to the document, the new rules are proposed in order to “provide further details on anti-money laundering (AML) requirements on virtual assets”. Additional requirements include: opening real name accounts with financial institutions, segregating client deposits, no registration of fines or other penalties at least within 5 years, obtaining a security certification Korean Information Security Agency, etc.

Giants of South American football CR Vasco de Gama collaborated with the Latin American crypto exchange Bitcoin market for an agreement that will allow the parties to tokenize transfer contracts. For An official tweet from the trading platform operator, the deal will see the Rio de Janeiro club – four-time Campeonato Brasileiro champion and 1998 Copa Libertadores winner – tokenize stakes up to 5% in 12 of the club’s young players. . The parties hope to increase sales by approximately $ 9 million.