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Ukraine, Russia, Venezuela Beat China & US in Crypto Adoption + More News

Ukraine, Russia, Venezuela Beat China & US in Crypto Adoption + More News

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Get your each day, bite-sized digest of cryptoasset and blockchain-related information – investigating the tales flying beneath the radar of at this time’s crypto information.

  • Ukraine, Russia, and Venezuela have taken three prime spots within the World Crypto Adoption Index, introduced by Chainalysis at this time. “Whereas buying and selling and hypothesis are vital to the cryptocurrency economic system, we wished our index to emphasise grassroots adoption by on a regular basis customers,” the blockchain intelligence agency stated. Their intention is to spotlight the nations the place essentially the most residents have moved the largest share of their monetary exercise to cryptocurrency.
    The World Crypto Adoption Index

    Ukraine, Russia, Venezuela Beat China & US in Crypto Adoption + More News 102
    Supply: Chainalysis

Blockchain information

  • Within the Chinese language metropolis of Chongqing, two main hospitals are piloting a blockchain-powered digital billing platform, reported East Cash. The First Affiliated Hospital of Chongqing Medical College and the Chongqing Individuals’s Hospital have issued a mixed whole of 15,000 blockchain-powered payments to sufferers beneath the challenge so far, per the platform’s operators. Town’s Chongqing Municipal Finance Bureau stated that the platform permits sufferers to settle their payments in real-time utilizing a widget for the e-pay platform WePay.
  • The Seoul Metropolitan Authorities has pledged to take a position USD 4.8m in a “post-coronavirus pandemic” R&D fund for small- and medium-sized AI, blockchain, biotech, and fintech corporations. Per Newspim, the town authorities stated it’ll subsidize blockchain corporations and different IT startups if they’ll show they’re utilizing the funds to energy business 4.0-related analysis tasks amid fears that an financial slowdown will derail tech progress within the South Korean capital.
  • Indian multinational know-how firm Tech Mahindra has introduced its partnership with Amazon Internet Providers (AWS) to construct options primarily based on blockchain know-how, reported The Financial Instances. Tech Mahindra ought to introduce blockchain options for the aviation, telecom, and healthcare provide chain constructed on Amazon Managed Blockchain to world prospects utilizing AWS and different main organizations.
  • Blockchain platform Zilliqa (ZIL) has introduced its 2020-2021 cohort of chosen corporations collaborating within the ZILHive Accelerator program, which is a 6-month blockchain startup accelerator designed to help early and late-stage startups which are utilizing or wanting to make use of the Zilliqa protocol to construct blockchain options. The emailed press launch stated that the eight corporations have been chosen to advertise blockchain improvement inside Open Finance (OpFi), and these are: Propine, Notabene, Rupiah Token, MugglePay, Moonlight, CommX, Moonlet, and Lumiere.

Exchanges information

  • A small trade in Slovakia, Eterbase, introduced on its Telegram channel at this time that sizzling wallets for six of its listed cryptoassets had been compromised on Monday: bitcoin (BTC), ethereum (ETH), XRP, tezos (XTZ), algorand (ALGO), and tron (TRX) have been stolen. The quantity moved to public addresses is at present value almost USD 1.6 million. They added that they contacted all centralized exchanges that could be receiving these illicit funds.
  • OKEx has introduced that its crypto challenge accelerator OKEx Jumpstart now helps mining on its platform. In keeping with the press launch, holders can stake their OKB tokens 14 days earlier than every new Jumpstart challenge is launched to earn rewards and staking incentives.

M&A information

  • Crypto tax reporting agency, Austria-based Blockpit and Germany-based Crypto Tax, introduced their merger with a view to provide a wide range of compliance and tax companies beneath one roof. Per a report, the businesses wish to enter new markets in 2021, comparable to the UK, Canada, Australia, South Korea, and different EU nations.

Crypto adoption information

  • British on-line meals order and supply platform Simply Eat has added cryptocurrency cost help for its France subsidiary, as the web site reveals. The corporate has partnered with the cryptocurrency cost supplier Bitpay to allow its customers to pay in bitcoin (BTC) for meals deliveries from over 15,000 eating places throughout France.
  • The pinnacle of Venezuela’s crypto regulator, the Nationwide Superintendency of Cryptoactivities and Associated Actions (Sunacrip) stated that Twitter has taken down the company’s official account, @SunacripVe. Per a tweet from Sunacrip boss Joselit Ramirez, Twitter’s transfer was a “political” one which had nothing to do with the American agency’s stance on crypto. Ramirez added that Sunacrip had already arrange an alternate deal with on the platform. Twitter has beforehand banned accounts run by the Central Financial institution of Venezuela and different authorities organs.
  • The trial regarding Australian entrepreneur and self-proclaimed Bitcoin inventor Craig Wright, the property of his late enterprise accomplice Dave Kleiman, and the possession of probably billions of {dollars} of BTC and mental property which Kleiman’s household claims Wright owes them, has been postponed to 2021 after the chief decide of the Southern District of Florida within the US determined to delay all jury trials in response to the coronavirus pandemic, Legislation360 reported.
  • The Canadian regulation agency Miller Thomson that’s representing collectors of the defunct crypto trade QuadrigaCX has employed consultancy agency Kroll, who’s working with blockchain forensics specialists Coinfirm, to assist the agency’s investigation into USD 190m of misplaced consumer belongings following the loss of life of the trade’s founder, Gerald Cotten in December 2018. The announcement stated that Kroll and Coinfirm can be analyzing a subset of transaction information.


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