Crypto News Cast For October 13th 2022 ?

Crypto News Cast 📮 13-10-2022

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: $912 B
📊24h Mcap %: -4.10%
⚠️Bitcoin Dom: 40.10%
📌Active Coins: 12657

📍24h Vol %: 22.90%
💲24h Vol: $73 B

Crypto News Updates :

Despite MiCA Regulations, Bitcoin ATM Installations In Europe Hit A Record High
Top Financial Institutions And Wall Street Are Waiting To Dive Deep Into Crypto Investment
Stellar Development Foundation Announced $100M Fund To Encourage Native Smart Contracts Adoption
JPMorgan And Visa Collaborate On International Blockchain Payments
Kazakhstan To Create Legal Framework For Crypto, Bitcoin
Nearly 60% Of DeFi Sector Is Dominated By Ethereum, TRON And BSC Follows
El Salvador Gets Tap-to-pay Bitcoin Lightning Bolt Cards
India’s Police Complaint Portal Is Powered By Polygon, Which Fights Corruption
Despite Bear Market, The Percentage Of Americans Investing In Cryptocurrencies Climbs By 125%

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– Despite MiCA Regulations, Bitcoin ATM Installations In Europe Hit A Record High

According to information from Coin ATM Radar, there are now an all-time high number of Bitcoin ATMs in Europe. As of October 12, there were 1,459 installations across the area. The European Union appears to be getting ready to ratify the historic MiCA laws, which coincides with the all-time peak in Bitcoin ATM installations. Europe has had a 5% year-to-date and 10% year-over-year growth in ATM installations. Read Full on BeInCrypto.

– Top Financial Institutions And Wall Street Are Waiting To Dive Deep Into Crypto Investment

Popular Bitcoin (BTC) bull Anthony Pompliano claims that the top financial institutions and Wall Street investors intend to make significant investments in cryptocurrencies. Financial institutions are already devoting a significant amount of resources to the crypto field with an eye toward the future, according to Pompliano. He further stated that regulatory clarity might be followed by a torrent of investment from financial institutions. Read Full on The Daily Hodl.

– Stellar Development Foundation Announced $100M Fund To Encourage Native Smart Contracts Adoption

The Soroban smart contract platform, which went live on Futurenet on October 11, has received new $100 million funding from the Stellar Development Foundation (SDF), a nonprofit organization that supports the growth of the Stellar network. According to SDF, Soroban adds Turing-complete smart contracts to the Stellar blockchain, allowing programmers to create new financial services rails for the network. Read Full on cointelegraph.

– JPMorgan And Visa Collaborate On International Blockchain Payments

JPMorgan and Visa, two major players in traditional banking and payments, are collaborating to ease the usage of their private blockchain platforms Link and B2B Connect to enable international payments. A network specifically created for international transactions, Liink is provided by JPMorgan under its Onyx blockchain and payments effort. Institutions can share financial data and validate transactions using a platform provided by Onyx. Read Full on cointelegraph.

– Kazakhstan To Create Legal Framework For Crypto, Bitcoin

According to a report from the Russian media outlet Tass, Kazakhstan intends to publish a legal framework for the regulation of bitcoin and cryptocurrencies. According to the article, the effort is being created as a result of the lack of a framework in the area for mining bitcoin and other cryptocurrencies. Smyshlyaeva added that the creation and circulation of secured and unsecured digital assets is a key component of the draft legislation. Read Full on Bitcoin Magazine.

– Nearly 60% Of DeFi Sector Is Dominated By Ethereum, TRON And BSC Follows

Since it was the first cryptocurrency to establish support for decentralized applications, ETH is widely considered as the industry’s pioneer in decentralized finance. Ethereum is still competing favorably in the DeFi sector in terms of total value locked (TVL), accounting for 57% of the entire sector’s $31.14 billion value. BSC is ranked third with $5.38 billion and 10.01 percent of the overall market capitalization, while TRX is in second position with 10.39% and $5.59 billion. Read Full on Finbold.

– El Salvador Gets Tap-to-pay Bitcoin Lightning Bolt Cards

Bitcoin owners in El Salvador will soon be able to use the “tap-to-pay” function anywhere near-field communication services (NFC) card readers are present. The Lightning Network would be used by the cardless pay service to enable retail BTC transactions. Apart from the country’s acceptance of BTC as legal tender, CoinCorner claimed that a flood of complaints regarding its user experience, which the company wants to address, served as the impetus for its expansion. Read Full on cointelegraph.

– India’s Police Complaint Portal Is Powered By Polygon, Which Fights Corruption

Sandeep Nailwal, co-founder of Polygon, revealed in a series of tweets that the Firozabad police in Uttar Pradesh are now using the Polygon blockchain protocol to combat local police corruption and criminality. The portal, known as the First Information Report (FIR), enables victims of crimes to file complaints against local police officers without fear of their claims being disregarded or mishandled by potentially dishonest officers. Read Full on Twitter.

– Despite Bear Market, The Percentage Of Americans Investing In Cryptocurrencies Climbs By 125%

By the summer of 2022, 18% of Americans had bought various cryptocurrencies. The percentage has increased by 125% from the 8% of Americans who had investments in cryptocurrencies during the summer of 2020. 15% of Americans still intended to invest in cryptocurrencies by the summer of 2022, demonstrating the continued optimism in the industry despite the slump in the market. Read Full on Finbold.