Crypto News Cast For October 2nd 2021 ?

Crypto News Cast 📮 02-10-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2143 B
📊24h Mcap %: 49.32%
⚠️Bitcoin Dom: 42.20%
📌Active Coins: 6459
📍24h Vol %: -9.24%
💲24h Vol: $98 B

Crypto News Updates :

Total Value locked In DeFi Records 936% Increase In One Year
Charles Hoskinson Talks On Cardano ($ADA) Running a Nation-State System
DBS and Australian exchange, Independent Reserve Receives Crypto Licenses From Singapore
US Congressman Suggests Crypto As The New Gold Standard
Bitcoin To Become Ukraine’s Biggest Economical Move Towards The Future
DC Comics to Distribute Superman and Batman as NFTs
Bitcoin Mining Ban Ineffective, The Government Of Iran Announces
SOL and UNI Included In Grayscale’s Digital Large Cap Fund Portfolio
TikTok Will Deploy Its Official Collection Of NFTs

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– Total Value locked In DeFi Records 936% Increase In One Year

The “Value Flow Report” from the analytics platform DappRadar reveals the growth of the decentralized finance and nonfungible token (NFT) markets since this year, showing tangible value growths. The reports shows a total value of $114.8 billion locked which is equivalent to an increase of 936% from the exact time last year, also the industry’s TVL saw 75% growth from July 23 to September 5 touching $195 billion high across all chains. Read Full on cointelegraph.

– Charles Hoskinson Talks On Cardano ($ADA) Running a Nation-State System

As reported by Bloomberg during Cardano Summit broadcast, Cardano (ADA) founder Charles Hoskinson reveals thoughts that the infrastructure on the cryptocurrency’s blockchain is capable to “run a nation-state” in the future. He notes that they are working on several projects that will help run the currencies of the nation’s state voting systems. Also, its noted that since the network’s Alonzo upgrade, many projects on the network is seeing major growths. Read Full on CryptoGlobe.

– DBS and Australian exchange, Independent Reserve Receives Crypto Licenses From Singapore

DBS Vickers (DBSV), the brokerage arm of DBS Bank, and Independent Reserve, an Australian cryptocurrency exchange joins the first few to receive a license from the Monetary Authority of Singapore (MAS) today. This will be used to provide digital payment token services under the Payment Services Act (PS Act) while supporting institutional and corporate investors to invest and trade in digital assets through the DBS Digital Exchange (DDEx). Read Full on Forkast.

– US Congressman Suggests Crypto As The New Gold Standard

Congressman Madison Cawthorn has taken to Twitter to propose using cryptocurrencies as the new gold standard. The North Carolina Republican has joined other conservatives who have recently come out in support of cryptocurrencies. On Wednesday, Josh Mandel, one of the leading Senate candidates for the state of Ohio, claimed that America had to “double down” on Bitcoin. Read Full on U.Today

– Bitcoin To Become Ukraine’s Biggest Economical Move Towards The Future

Ukraine is gearing up for transition to a fully digitized economy and consider bitcoin as legal tender. The legislation will help to determine how Ukraine will regulate the cryptocurrency market in the future as well as officially allow Bitcoin businesses to operate within the country. The society are taking the necessary steps to partake in this economic growth with the recent legislation. This law will protect owners of virtual assets and exchange platforms from fraud. Read Full on Bitcoin Magazine.

– DC Comics to Distribute Superman and Batman as NFTs

DC comics partners with Palm NFT Studio to create a new line of NFTs tied into the upcoming DC FanDome 2021 streaming event. DC will offer up NFTs based on popular comic book covers, with the line featuring characters such as Batman, Wonder Woman, Superman, Harley Quinn all free to anyone who registers to attend the event starting October 5. Users can unlock a second free NFT by sharing the event via social media. Read Full on CryptoPotato.

– Bitcoin Mining Ban Ineffective, The Government Of Iran Announces

According to Iranian media, Financial Tribune, the country’s power utility company has stated that the ban issued by the ministry of industry, mining and trade affecting authorized miners has been lifted. This means that authorized Bitcoin miners will be able to resume their operations after the illegal mining operations supposedly caused the significant strain on the electricity supply which forced the country to ban mining cryptocurrencies in May. Read Full on Bitcoin Magazine.

– SOL and UNI Included In Grayscale’s Digital Large Cap Fund Portfolio

Solana’s SOL and Uniswap’s UNI tokens are now included in Grayscale Digital Large Cap Fund (GDLC) portfolio after balancing again its pack of cryptocurrencies, as announced by Grayscale Investments. More details reveals SOL and UNI was included at 3.24% and 1.06%, respectively, after cutting down LTC and BCH holdings. Also, cardano’s ADA is ranked the third-largest in the digital large cap fund on Grayscale’s portfolio amounting to 4.26%. Read Full on cointelegraph.

– TikTok Will Deploy Its Official Collection Of NFTs

TikTok announces rolling out of a collection of non-fungible tokens ie. NFTs featuring media ranging from its most popular content creators. Some of the NFTs will feature content from TikTok members and the first sale will start on October 6. Also, it will feature Rudy Willingham’s stop motion video for the song “Montero” by the rapper Lil Nas X, TikTok’s Global Head of Marketing, Nick Tran explains that fans can now own a moment on tiktok. Read Full on Crypto Briefing.

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