Crypto News Cast For October 14th 2022 ?

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Crypto News Cast 📮 14-10-2022 24hours Cryptocurrency Market Cap:Crypto News Updates :Register at the best crypto leverage exchanges

Crypto News Cast 📮 14-10-2022

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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: $924 B
📊24h Mcap %: 7.80%
⚠️Bitcoin Dom: 40.10%
📌Active Coins: 12678

📍24h Vol %: -1.26%
💲24h Vol: $70 B

Crypto News Updates :

The Binance Exchange Burns BNB Tokens Worth $547 Million
Crypto.com Makes $145M Investment On New European Headquarters
44% Of The Top 100 Public Corporations Employ The Use Of Blockchain
TRON Is Accepted As Currency By The Government Of Dominica
Samsung Unveils Knox Matrix, A Blockchain-based Security System For Smart Devices
Bank Of China Says The Volume Of Digital Yuan Transactions Surpassed $14 Billion
Uniswap, A Decentralized Ethereum Exchange, Raises $165 Million In New Funding
Ark Invest Analyst Says Bitcoin Will Pass The $1,000,000 Mark By 2023

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– The Binance Exchange Burns BNB Tokens Worth $547 Million

Binance, a cryptocurrency exchange platform, has completed the 21st quarter of its burn, depleting its supply of BNB tokens by about $547 million. In a statement, Binance revealed that it has destroyed 2,065,152 BNB coins in total, which are currently worth slightly under $600 million. The exchange also said that 4,833.25 BNB more were burned through its Pioneer Burn Program, a tool for individuals who unintentionally lost their digital assets. Read Full on binance.

– Crypto.com Makes $145M Investment On New European Headquarters

Digital asset exchange Crypto.com has chosen Paris, France as the location of its European headquarters, and the company has made a $145.7 million investment there to launch the new activities. The Singapore-based cryptocurrency exchange declared that it wants to recruit local talent to assist its European operations and that its new regional headquarters represents its long-term commitment to France. Read Full on cointelegraph.

– 44% Of The Top 100 Public Corporations Employ The Use Of Blockchain

Despite sporadic setbacks brought on by regulatory or macroeconomic challenges, the adoption of and use cases for cryptocurrencies and blockchain technology are expanding among major international institutional actors. According to a survey by business blockchain adoption analytics platform Blockdata, 44 out of the top 100 public companies by market capitalization across six major sectors are really actively using blockchain in some form right now. Read Full on Finbold.

– TRON Is Accepted As Currency By The Government Of Dominica

Leading blockchain network Tron has signed a deal with the Dominica’s government to legalize its native tokens as digital money on the Caribbean island. Justin Sun, the founder of Tron, announced the achievement by saying that Dominica now accepts TRX, BTT, JST, NFT, USDD, USDT, and TUSD as forms of payment. According to the government, tax payments made in native tokens of the blockchain would be accepted. Read Full on cryptoslate.

– Samsung Unveils Knox Matrix, A Blockchain-based Security System For Smart Devices

The adoption of a private blockchain system has been announced by Samsung, a Korean consumer electronics and software giant, as a means of enhancing the security of its smart products. The Knox Matrix technology, which will connect the many smart devices that are available on a network to improve security through “multi-layered mutual monitoring,” was introduced as a redesign of Samsung’s current security strategy. Read Full on Bitcoin News.

– Bank Of China Says The Volume Of Digital Yuan Transactions Surpassed $14 Billion

The pilot phase of China’s central bank digital currency (CBDC) experiment has seen close to $14 billion, or 100.04 billion yuan, in transactions. This makes the electronic Chinese yuan, or e-CNY, the most frequently used CBDC globally. By the end of the summer, 360 million transactions had been made in 15 provinces under the CBDC pilot program, the Bank of China stated in the article. Read Full on cointelegraph.

– Uniswap, A Decentralized Ethereum Exchange, Raises $165 Million In New Funding

Retail investors may have fled the cryptocurrency bear market, but venture capitalists still sought out DeFi ventures to fund. Uniswap revealed today that Polychain Capital had led its most recent $165 million fundraising. TechCrunch stated last month that the round, which was still in progress, may raise between $100 million and $200 million, with Polychain and a Singapore-based sovereign investment fund involved. The most recent round values Uniswap at $1.6 billion. Read Full on Decrypt.

– Ark Invest Analyst Says Bitcoin Will Pass The $1,000,000 Mark By 2023

Despite the challenging circumstances on the cryptocurrency market, Ark Investment Management analyst Yassine Elmandjra, who earlier made an audacious $1 million Bitcoin prediction, is not backing down. The market will likely rebound before the conclusion of the cycle of monetary policy tightening, and we will experience another bullrun in the middle of this decade, according to him, therefore the $1 million estimate stands Read Full on U.Today.