Crypto News Cast For July 20th 2022 ?

Crypto News Cast For July 20th 2022 ?
Crypto News Cast 📮 20-07-2022

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

24hours Cryptocurrency Market Cap:
📈MarketCap:          $1081 B
📊24h Mcap %:        37.83%
⚠️Bitcoin Dom:        42.70%
📌Active Coins:       4549
📍24h Vol %:          -5.00%
💲24h Vol:               $104 B

Crypto News Updates :

  • Global Financial Sector Operation Is Changed By Crypto, Central Bank Of Nigeria Says
  • Despite Crypto Volatility, UFC Athlete Accepts To Receive Bitcoin Salaries
  • Dubai Grants A Provisional Virtual Assets License To Fund Manager Fintonia Group
  • BNP Paribas, A Major French Bank, Enters The Cryptocurrency Custody Market
  • The Latest Mining Chips From Samsung Will Be 45% More Effective
  • Bitcoin, According To Billionaire Mike Novogratz, May Yet Hit $500k In Five Years
  • Cardano’s Input-Output Becomes Member Of American Chamber Of Commerce In Mongolia
  • LG TV Prepares Issuing And Selling NFTs As Part Of Its Metaverse Business
  • Dubai Is Adding 40,000 New Job Positions To Increase Its Metaverse Operations

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– Global Financial Sector Operation Is Changed By Crypto, Central Bank Of Nigeria Says

The Central Bank of Nigeria (CBN) has admitted that the rise of cryptocurrencies has brought innovations into the financial industry, thereby compelling the majority of institutions to alter their methods of operation. Despite the hazards now connected to cryptocurrencies and fintech, CBN chairman Godwin Emefiele pointed out that these technologies also have advantages, such as promoting financial inclusion, which spurs economic growth and reduces poverty. Read Full on Finbold.

– Despite Crypto Volatility, UFC Athlete Accepts To Receive Bitcoin Salaries

Luana Pinheiro, a competitor in the Ultimate Fighting Championship (UFC), said that she had teamed up with Bitwage to collect her pay in Bitcoin (BTC). Pinheiro claimed that although she still receives cash money from her sponsors, she instantly changes them to bitcoin via Bitwage. Pinheiro made it clear that she does not care about the cryptocurrency’s volatility and wishes to be paid in BTC. She claims that the main force behind asset appreciation is volatility. Read Full on cointelegraph.

– Dubai Grants A Provisional Virtual Assets License To Fund Manager Fintonia Group

The Dubai Virtual Assets Regulatory Authority (VARA) has given a provisional virtual asset license to Singapore-based crypto fund manager Fintonia Group. With the license, the company is now able to provide cryptocurrency products and services to institutional clients in Dubai as it attempts to gain traction in the rapidly developing UAE market. Fintonia hopes to expand its operations in Singapore and Dubai, both of which have robust digital asset ecosystems. Read Full on coindesk.

– BNP Paribas, A Major French Bank, Enters The Cryptocurrency Custody Market

According to three persons with knowledge of the transaction, Swiss digital asset safekeeping company Metaco and French Bank BNP Paribas (BNP) will collaborate to enter the crypto custody market. Despite the fact that several big banks are moving toward crypto custody, BNP Paribas Securities Services’ status as a key worldwide custodian with about $13 trillion in assets under custody makes this agreement especially noteworthy. Read Full on coindesk.

– The Latest Mining Chips From Samsung Will Be 45% More Effective

The tech behemoth Samsung claimed to be developing new 3-nanometer (nm) mining chips that will use 45% less energy. The performance of the new chips is predicted to increase by 23%, and they are anticipated to dramatically lower carbon emissions in the mining sector. With assistance from its numerous companies, including Ansys, Cadence, Siemens, and Synopsys, the corporation began developing the chips in late 2021. Read Full on cryptoslate.

– Bitcoin, According To Billionaire Mike Novogratz, May Yet Hit $500k In Five Years

CEO of cryptocurrency investment business Galaxy Digital, Mike Novogratz Speaking at the Bloomberg Crypto Summit, predicted that because of its distinct features and rapid acceptance, Bitcoin (BTC) would likely hit $500,000 within the next five years or so. He identified a number of unique qualities of Bitcoin, including its design as an anti-inflation store of value, ease of transferability, and superiority over gold in several areas. Read Full on Finbold.

– Cardano’s Input-Output Becomes Member Of American Chamber Of Commerce In Mongolia

Cardano’s IOG has been unveiled as the newest member of the American Chamber of Commerce (AmCham), a Mongolian organization. Cardano’s Input Output is a premier technology business dedicated to the highest values of academic rigor and evidence-based software development, according to Amcham Mongolia. Cardano has taken noteworthy actions lately to strengthen its connections with significant businesses and organizations. Read Full on U.Today.

– LG TV Prepares Issuing And Selling NFTs As Part Of Its Metaverse Business

The world’s largest manufacturer of electronics, LG, has become the most recent business to concentrate on the metaverse by registering NFT trademarks for its LG ART LAB. On July 19, Michael Kondoudis, a registered trademark attorney, tweeted about the trademark application. L.G. intends to provide wealth management, digital token brokerage, and T.V. software for issuing and trading NFTs as well as software for NFT and cryptocurrency transactions.Read Full on Finbold.

– Dubai Is Adding 40,000 New Job Positions To Increase Its Metaverse Operations

The emirate of Dubai unveils the Dubai Metaverse Strategy, which seeks to make it one of the top 10 metaverse economies on the planet. By 2030, Dubai hopes to support more than 40,000 virtual employment, and this approach supports that goal. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, aspires to make the emirate a global innovation hub by concentrating on Web3 and artificial intelligence (AI). Read Full on cointelegraph.

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