Crypto News Cast For April 30th 2021 ?

in #news4 years ago

Crypto News Cast April 30th 2021 ?

Crypto News Cast 📮 30-04-2021

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

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Crypto News Updates :

  • University of Wyoming To Generate Alternative Revenue Stream From Crypto Staking
  • Ripple Would Go Public After Current SEC Lawsuit – SBI CEO
  • German Law To Approve Institutional Funds To Invest In Crypto Assets
  • European Investment Bank Sold $121Million Worth of Digital Notes on Ethereum
  • Chain Muscle Maker Grill Now Accepts Bitcoin As Payment Option
  • Cardano's Blockchain-Based IDs Is Set For Millions of Students in Africa
  • Data Reveals Over 4 Million ETH Is Now Locked In Ethereum 2.0
  • Digital Asset Fund Ready For Approval By South Korean Regulator
  • Active Users Of MetaMask Record Hits 5 Million In 6 Months
  • Jesse Frohman To Release Kurt Cobain’s Final Official Photoshoot as NFTs

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University of Wyoming To Generate Alternative Revenue Stream From Crypto Staking

Wyoming government sets aside $4 million for cryptocurrency staking program which will be managed by the University of Wyoming. The University of Wyoming Cryptocurrency Staking Program will showcase the possibility of alternative streams of income for public universities which will also meet their budget needs. The revenue generated will take care of expenses with up to $4 million to go into the University’s Strategic Investments and Projects Account (SIPA). Read Full on Decrypt.

Ripple Would Go Public After Current SEC Lawsuit – SBI CEO

Ripple would go public after the current lawsuit is resolved, said Yoshitaka Kitao, the CEO of Japanese financial giant SBI Group. Ripple co-founder Chris Larsen is also looking forwards to the company going public in the near future. Ripple CEO Brad Garlinghouse had declared earlier in 2020 that his company would lead public listing and this goal is still feasible after the lawsuit is over. SBI Group is Ripple’s Biggest shareholder, and strong supporter. Read Full on U.Today

German Law To Approve Institutional Funds To Invest In Crypto Assets

Institutional Investment Fund managers in Germany would be able to allocate 20% of funds to Crypto assets from July 1, according to the new legislation in Germany. These fund managers are called Spezialfonds. This would make 4,000 investment funds to be eligible to invest in Bitcoin and other crypto assets. Frank Schäffler of the German Parliament said the German Government is definitely moving in the right direction. Read Full on Decrypt.

European Investment Bank Sold $121Million Worth of Digital Notes on Ethereum

European Investment Bank, that is the investment arm of the European Union reportedly sold $121 million worth of digital bonds on the Ethereum blockchain, according to anonymous sources. The digital bonds consist of two-year notes, which have a zero percent coupon. Also Investment banks Goldman Sachs, Societe Generale and Banco Santander formed a team with the European Union investment arm to facilitate the process. Read Full on Decrypt.

Chain Muscle Maker Grill Now Accepts Bitcoin As Payment Option

A fast-food restaurant chain Muscle Maker Grill, has announced it will start accepting Bitcoin for Payments, in all its physical locations and online. CEO Michael Roper describes crypto acceptance as a “natural progression” for his Nasdaq-listed company. Data shows that more Companies and Merchants are adopting cryptocurrencies, making them more popular. This is not just around bitcoin but also Altcoins have also seen these adoptions. Read Full on U.Today

Cardano's Blockchain-Based IDs Is Set For Millions of Students in Africa

John O’Connor, IOHK’s director for African operations plans to digitalize Ethiopia's Education sector, targeting 3,500 schools, 5 million students, and 750,000 teachers, The plan will digitally verify grades, monitor school performance remotely. He added that they'll create more business opportunities and increase the employment rate in the country and Africa as the bigger stage. This system is solely set in place by Cardano Blockchain. Read Full on U.Today

Data Reveals Over 4 Million ETH Is Now Locked In Ethereum 2.0

Ethereum 2.0 sees a massive growth after the total amount of staked ETH in the deposit contract exceeds four million. The upgrade was to reduce the network’s energy consumption which resulted into lower transaction fees. This rise caused an increase in the value of Dollars staked in Eth. The recent rise was also influenced by Coinbase's 6% in annual interest for Eth locked up in the Exchange. Read Full on Decrypt.

Digital Asset Fund Ready For Approval By South Korean Regulator

South Korean Financial Supervisory Service moves to launch a financial Fund that would give investors Access to Exposure In Digital Assets. This will be officially Completed On May 2 and will be launched by Hanwha Asset Management. As Cryptocurrency gains acceptance, even banks who never supported the assets are now accepting them, and an example is the JP Morgan and Goldman Sachs partnership to open investment in Bitcoin for its clients. Read Full on U.Today

Active Users Of MetaMask Record Hits 5 Million In 6 Months

The popular Ethereum wallet MetaMask hits another milestone of over five million monthly active users, while it had only one million monthly active users as at October 2020, MetaMask Swaps have accumulated $2 billion in transaction volume in the past six months. This is because many see MetaMask as a safe and trustworthy option for income and long term investments. India and Indonesia are among the top 5 countries to adopt the Mobile app. Read Full on CryptoPotato.

Jesse Frohman To Release Kurt Cobain’s Final Official Photoshoot as NFTs

Jesse Frohman gets set to release images from the historical rock band, Nirvana and its iconic lead, Kurt Cobain final official photoshoot as non-fungible tokens (NFTs). Fans of the legendary rock band would be able to access the digital versions of the images next week after release. The photographs was tagged “The Last Session,” and were taken in 1993. Also the photos featured Cobain and his bandmates Dave Grohl and Krist Novoselic. Read Full on Decrypt.

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