Crypto News Cast For May 2nd 2021 ?

in #binancesmartchain3 months ago

Crypto News Cast May 2nd 2021

Crypto News Cast 📮 02-05-2021

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

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Crypto News Updates :

  • Cardano Developer IOHK Makes Its Partnership In Tanzania Public
  • Ethereum 2.0 Progresses As Developers Launches Super Experimental Testnet
  • Tron Plans To Launch Apollo A Multi-Asset Cross-chain Solution
  • Australia Is Out To Launch Its First Crypto ETF
    Shark Tank's Kevin O’Leary Says Bitcoin Will Always Be Gold
  • Billionaire Mike Novogratz Says Bitcoin Has Insurance Unlike Dollars
  • Cardano’s Active Addresses And Transactions Count Records Massives Growth This Year
  • Binance Smart Chain TVL Hits $45 Billion, Closing In On Ethereum

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Cardano Developer IOHK Makes Its Partnership In Tanzania Public

Cardano developer IOHK partners with blockchain-powered World Mobile to launch a new mobile network in Tanzania. The aim is to provide the country with access to 5G network, seeing that most of the citizens doesn't have access to internet connectivity and also activiate blockchain-powered IDs leveraging Atala PRISM decentralized identity solution. It's a Good Deal for Africa, as IOHK also had a deal earlier this week with Ethiopian Ministry of Education. Read Full on U.Today

Ethereum 2.0 Progresses As Developers Launches Super Experimental Testnet

Ethereum software developers just launched “a super experimental Eth1-Eth2 post-merge testnetwork” as part of the ETH Global Scaling Hackathon project called Rayonism. The testnet is called Steklo, targeted at executing and finalizing transactions. Steklo will test the Rayonism approach which will merge two systems: transactions would happen on the current network while consensus, or confirmation of transactions would happen on Ethereum 2.0. Read Full on Decrypt.

Tron Plans To Launch Apollo A Multi-Asset Cross-chain Solution

The founder and CEO of Tron (TRX) Justin Sun plans to launch new cross-chain scaling solution known as Apollo. Apollo will enable secure and easy transfer of data and assets across multiple chains. Justin Sun made the announcement in a tweet and promises further update on the upcoming project. The Tron Foundation said Apollo will bring openness, unlimited scalability and Security across several chains. Read Full on Ethereum World News.

Australia Is Out To Launch Its First Crypto ETF

Australia's first crypto-based exchange-traded fund (ETF) is set to be launched before the end of the year by The Australian Securities Exchange (ASX). ASX executive manager highlighted that the popularity of digital assets, especially in Australia inspired the move and it's worth checking out. He says that opening a crypto ETF in Australia will definitely bring in more investors to include bitcoin in their share portfolio. Read Full on Finbold.

Shark Tank's Kevin O’Leary Says Bitcoin Will Always Be Gold

Shark Tank's Kevin O’Leary, shared his thoughts about Bitcoin in an interview saying “Bitcoin will always be the gold.” He also acknowledged that Ethereum has been doing well also saying “Ethereum will always be the silver,” which is not necessarily a bad thing. O’leary said Bitcoin will outperform other cryptocurrencies and is bringing out the interests from different institutions, bullish for bitcoin. Read Full on Bitcoin News.

Billionaire Mike Novogratz Says Bitcoin Has Insurance Unlike Dollars

Mike Novogratz, ex-hedge fund manager have hinted that the dollar has no insurance because of the printing of more money, thereby making peoole choose bitcoin as they see it as a hedge against against the dollar inflation. He also went futher to say that Crypto Investment will reach up to 2% of the global wealth in the next two to three years. Read Full on Finbold.

Cardano’s Active Addresses And Transactions Count Records Massives Growth This Year

Cardano records growth in the number of active addresses and transaction count by 417.81% and 382.84% respectively from January till April 28. The blockchain sees massive interest too with the price gaining about 660%, hitting an all time of $1.5. Cardona has upgraded to a multi-asset network as Ethereum and its often compared to Ethereum seeing it solves the challenges caused mby Ethereum's congested network. Read Full on Finbold.

Binance Smart Chain TVL Hits $45 Billion, Closing In On Ethereum

Decentralized Finance (DeFi) hits new record passing $100 billion and touching $130 billion in total market cap, with BSC-based PancakeSwap among the top DeFi projects and the TVL on BSC will soon reach Ethereum's $67 billion. DeFi on BSC have seen a new record of $44 billion. BSC can now be viewed by experts as a competitor and would influence The DeFi adoption. Read Full on BitcoinExchangeGuide.

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