Crypto News Cast For August 10th 2022 ?

Crypto News Cast 📮 10-08-2022

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:
📈MarketCap: $1140 B
📊24h Mcap %: 45.28%
⚠️Bitcoin Dom: 40.20%
📌Active Coins: 11626
📍24h Vol %: 4.65%
💲24h Vol: $78 B

Crypto News Updates :

President Of El Salvador, Nayib Bukele Says Bitcoin Influenced The Rise In Tourism
BitMEX To Provide Leverage Trading For Potential Ethereum POW Fork
Future Elections In Brazil Could Utilize Blockchain Technology
Ripple Was Listed By Fortune Magazine As One Of The Best Medium Workplaces
Australian Cryptocurrency Miner Boosts Canadian Machines’ Hash Rate By Twofold
Iran Imports $10 Million Worth Of Products For The First Time Using Cryptocurrency
Reddit And FTX Activates ETH Gas Fees For Community Points
Brokerage Behemoth Interactive Brokers Expands Its Crypto Focus
54% Of Cryptocurrency Investors Claim They Haven’t Sold Any Of Their Coins
Vitalik Buterin Suggests Using Stealth Addresses To Possess Anonymous NFTs

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– President Of El Salvador, Nayib Bukele Says Bitcoin Influenced The Rise In Tourism

The nation of Central America, El Salvador has been listed in the World Tourism Organization’s rankings, joining a list with 14 other nations. The country’s tourism has increased by 30% as a result of the adoption of Bitcoin, according to Morena Valdez, Minister of Tourism. Nayib Bukele, the president of El Salvador, said that the promotion of sports like surfing and the acceptance of Bitcoin (BTC) as legal tender are the key causes of this. Read Full on BeInCrypto.

– BitMEX To Provide Leverage Trading For Potential Ethereum POW Fork

The cryptocurrency and derivatives trading platform BitMEX intends to provide leveraged exposure on ETHPOW, a probable but hypothetical Ethereum chain split. The offering is based on a potential hard fork attempt to keep an Ethereum network that relies on proof of work after “the merge” in September. Beginning on Tuesday, traders will have access to up to 2x leverage loans on Tether (USDT ERC-20) margined contracts to ETHPOW. Read Full on CryptoPotato.

– Future Elections In Brazil Could Utilize Blockchain Technology

The Brazilian voting authorities had revealed last month that they were looking into the many ways that blockchain technology might be incorporated into ballots voting systems. End-to-end voting protocol, post-quantum cryptography, shared keys, and blockchain are among the technologies being researched, according to Celio Castro Wermerlinger, the Brazilian voting authority’s modernization coordinator. Read Full on Bitcoin News.

– Ripple Was Listed By Fortune Magazine As One Of The Best Medium Workplaces

Fortune Magazine has named Ripple, a blockchain business, as one of the top midsize workplaces. The provider of distributed ledger technology is ranked in 34th place this year, down one spot from 2021. According to Fortune, Ripple has 575 staff working for it globally. The SEC action caused the company to encounter numerous legal issues in the US, yet it was nevertheless able to continue its global growth.Read Full on U.Today.

– Australian Cryptocurrency Miner Boosts Canadian Machines’ Hash Rate By Twofold

Iris Energy, an Australian bitcoin miner has revealed that after completing phase two of its operations in Mackenzie, Canada, its hash rate has specifically climbed to more than 2.3 exahashes per second. In the British Columbia municipality, Iris Energy claimed to have added 1.5 EH/s to its current hash rate by bringing online 41 megawatts of operating capacity around two months earlier than expected. Read Full on cointelegraph.

– Iran Imports $10 Million Worth Of Products For The First Time Using Cryptocurrency

Iran submitted its first formal import order this week for products valued a total of $10 million and paid for with cryptocurrencies. The information was revealed by a representative of Iran’s Ministry of Industry, Mine, and Trade. The official also stated that he expects the use of cryptocurrencies and smart contracts to be widely used in international trade with the countries that are the focus of the effort by the end of September. Read Full on Finbold.

– Reddit And FTX Activates ETH Gas Fees For Community Points

In a joint statement on Tuesday, Sam Bankman-cryptocurrency Fried’s exchange FTX and Reddit stated that the platform would incorporate Reddit’s Community Points in the US, the EU, Australia, and other markets for its users. With this new connection on the platform, Reddit users will be able to use FTX Pay, the company’s payment and exchange infrastructure platform, to buy Ether from supported Reddit apps. Read Full on cointelegraph.

– Brokerage Behemoth Interactive Brokers Expands Its Crypto Focus

The crypto offerings of the American international brokerage firm Interactive Brokers have increased. The international trading firm in Greenwich, Connecticut, claims that its customers can now trade cryptocurrencies around-the-clock. The web application of Paxos Trust Company powers the newly enabled round-the-clock trading feature. The company’s clients will now have more flexibility when it comes to responding to the quickly changing market. Read Full on U.Today.

– 54% Of Cryptocurrency Investors Claim They Haven’t Sold Any Of Their Coins

Despite mounting sell-offs in the crypto market, 54% of cryptocurrency investors said they had not sold any of their holdings of digital assets recently. The remaining 46% claimed to have cashed out a lot or all of their cryptocurrency investments, compared to 20% who had just sold a little portion. The research is based on comments made by 1,233 people between July 25 and July 26 which was published by Civic Science. Read Full on Finbold.

– Vitalik Buterin Suggests Using Stealth Addresses To Possess Anonymous NFTs

NFT transactions might potentially incorporate privacy characteristics via a low-tech method, according to Vitalik Buterin, co-founder of Ethereum. Buterin proposed that Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or zk-SNARKs, were a more difficult way for generating stealth addresses for ERC-721 tokens. He argued that smart contract wallets may have a feature that would let the sender basically hide their address from outside parties. Read Full on cointelegraph.