📮 18-04-2020
📈MarketCap: $208 B
📊24h Mcap %: 3.10%
⚠️Bitcoin Dom: 63.50%
📌Active Coins: 2,997
📍24h Vol %: 0.29%
💲24h Vol: $124 B
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1. AirAsia Launches Blockchain-Driven Cargo Booking System
Teleport, the logistics division of major airline, AirAsia, has launched a blockchain-based cargo booking system called Freightchain. Freightchain is “the world’s first digital air cargo network run on blockchain.” The network which is launching today allows shippers or freight forwarders to instantly book and confirm any of AirAsia’s 247 aircraft to carry cargo. The project’s chief technology officer, Vishal Batra, explained that the network is meant to assist businesses during the pandemic. Read Full on airasia.
2. Akon wants his cryptocurrency to power the whole of Africa
Akon, announced that yet another African city will run on his cryptocurrency, Akoin. Akoin, which is currently in beta and will launch later this year, will power the Mwale medical and technology city (MMTC), a $2 billion science and tech hub in Western Kenya. The plan is to rework all of the city’s payments systems, which currently process 50 million transactions each year, so that they support Akoin. Akon said his dream is for Akoin to be “the future currency for the continent and all the developing countries around the world.” Read Full on Decrypt.
3. BitGo Offers Tax Tracking Services for Institutional Clients
BitGo, a company previously known for its custody business, is purchasing Lumina, an integrated tax service for institutional traders. Lumina provided two different tools for institutional clients, named Lumina Portfolio and Lumina Tax. Through a unified dashboard, institutions were able to track their entire portfolio across multiple crypto exchanges and, crucially, find out their total tax obligation. These tools will now be offered as BitGo Portfolio and BitGo Tax, respectively. Read Full on cointelegraph.
4. South Korean Government Calls Blockchain a Golden Opportunity
The South Korean government has stated that the blockchain market represents a “golden opportunity” for the country. They are now calling for private sector companies throughout South Korea to exploit this potential. the Vice Minister of Strategy and Finance, Koo Yun-cheol, held a meeting on blockchain technology which brought together a number of private industry experts. Koo told, the size of the blockchain-related industry is expected to grow by more than 80% per year on average. Read Full on cointelegraph.
5. Stablecoin Demand is 'Explosive' From Everyday Businesses: Circle CEO
Dollar-backed stablecoins are surging in popularity, and much of the demand is from normal businesses, not just crypto traders, Circle’s CEO Jeremy Allaire said. New signups have come from e-commerce marketplaces, advertising networks, luxury goods producers, recruiting platforms, digital content markets, peer-to-peer lending platforms, payment companies, software firms, professional services firms, rewards businesses, mobile banking providers and other internet companies, Allaire said. Read Full on CoinDesk.
6. Stage is Set for Bitcoin and Ethereum Bull Run: BlockFi Founder
The founder of the crypto wealth management firm BlockFi, Zac Prince says he's bullish on Bitcoin and Ethereum despite both assets' recent volatility in the wake of the coronavirus pandemic. Prince thinks US government stimulus policies and the upcoming Bitcoin halving – currently set to roll out on May 12th – are bullish indicators for an increase in the price of BTC. He also believes steady stablecoin adoption and app development on the Ethereum blockchain are positive signs for the future value of ETH. Read Full on The Daily Hodl.
7. Jimmy Song: Bitcoin Can Help Reset Collapsing Financial System
Bitcoin maximalist and entrepreneur Jimmy Song believes that Bitcoin can contribute to the resetting of the breaking financial system and help SME in particular. Jimmy Song shared his take on the current situation on the stock market and in the SME sphere. Stocks are going up, he says, but in an unhealthy way, not because of their good fundamentals. Song writes that the ones who are making profits now are banks and large corporations who are buying bankrupt small businesses at extremely low prices and proposed Bitcoin to fix this. Read Full on twitter.
8. MATIC Hodl & Earn Campaign is starting soon!
Matic Hodl and Earn Campaign Started April 18th,2020 at 18:00 UTC, all Poloniex customers with at least 100 MATIC in their account will earn an annual yield of 35% on your MATIC balance over the next 21 days Details Read Here.
