Get your daily summary of cryptoasset and blockchain related news, investigating the stories flying under the crypto news radar today.
Blockchain news
- Phase 0 of the next release of Ethereum, Ethereum 2.0 could go live in January 2021 at the earliest, Ethereum researcher Justin Drake said during a Reddit Ask-Me-Anything session today. During the same session, Ethereum co-founder Vitalik Buterin replied that “I personally don’t quite agree[s] with this “and that he” would favor the launch of phase 0 much earlier than that date regardless of the level of preparation: D. “
- The Chinese province of Hebei has launched a two-year blockchain action plan, according to East Money. The province, in the northern coastal part of the country, is the latest to do so, following other Chinese areas, including Beijing. The plan will involve launching blockchain operations in at least 20 different public and private sectors by the end of 2022.
Crypto Adoption News
- Maker (MKR), the company behind stablecoin Dai (DAI), said it will reward diners in post-COVID 19 Japanese restaurants with DAI giveaways. For Coinpost, Maker said it will give 20 tokens from (USD 20) to the first 200 people posting pictures of themselves dining out in the country’s restaurants on social media platforms after restaurants in the country resumed post-coronavirus service.
- Japanese exchange bitFlyer is set to co-develop a crypto wallet with a blockchain-based browser provider Courageous (BAT). The companies said they were working on “a cryptocurrency wallet for Brave browser users” and “will launch a joint marketing campaign to expand the recognition of cryptocurrencies and blockchain technology.”
- WikiLeaks.shop, a shop associated with a non-profit organization WikiLeaks has announced accepting orders using Bitcoin Lightning. According to their website, the store accepts cryptocurrencies such as bitcoin (BTC), bitcoin cash (BCH), dash (DASH), ethereum (ETH), litecoin (LTC), monero (XMR) and zcash (ZEC) via the provider of payment services CoinPayments. Users automatically receive a 5% discount when they pay in cryptocurrency.
- The Samsung Blockchain Wallet has added support for the elysia (EL) token, reports Dialy Secu. The token is used by ElysiaThe Seoul real estate micro-investment platform, which allows Seoul tenants to settle property leasing and other related bills using a blockchain-based platform.
Tokenization News
- NEM and digital asset manager Wave Financial Group (WFG) said it will launch the Kentucky Whiskey Digital Fund token on NEM’s Symbol platform when it becomes available later this year. WFG is working with Wilderness Trail Distillery launch a fund with up to 25,000 barrels of 2020 vintage bourbon, equivalent to one year’s production. This fund will allow investors to purchase asset-backed tokens linked to an estimated inventory of four million barrels of bourbon this year, the company said.
Regulation news
- The US Commodity Futures Trading Commission (CFTC) plans to develop “a holistic framework for promoting responsible innovation in digital assets” by 2024, according to their latest strategic plan. This digital asset innovation project will enable the CFTC to understand and keep pace with the “risks and opportunities” of “commodities of the 21st century”.
- According to Hanguk Kyungjae, two lawmakers from the ruling party in South Korea are supporting the cause of cryptocurrencies and blockchain. The Democratic party Lawmakers have called for government and policy support for the cryptocurrency and blockchain industry, with one stating that the potential for exponential growth is now skyrocketing in the nation.
Legal news
- New York Attorney General (AG) Letitia James has blamed the cryptocurrency exchange Bitfinex to hide the loss of more than $ 800 million in client and company funds, Bloomberg reported. According to the article, the companies claimed that the funds had been deposited with a Panamanian company Crypto Capital Corp. but they have been seized by the government authorities of various countries and are working to recover the funds. iFinex, the stablecoin operator Bitfinex and Tether, and AG James are waging a lengthy legal feud, with allegations coming from both sides.
- In China, police arrested ten alleged crypto scammers selling fake huobi (HT) tokens, also confiscating 100 million yuan (about $ 14.3 million), as well as cars and villas together worth c. $ 2.15 million, Toutiao reported. The group would have attracted potential investors through various Telegram channels, promoting a blockchain smart contract that, according to them, could have created HT.
[ad_2]Source link