24 April

“Starbucks and McDonald’s are reportedly among 19 restaurants and retail shops that will be involved in testing China’s central bank digital currency in the country’s Xiong’An new district.

The move signals China’s wider efforts to test the digital currency project, with state-owned commercial banks already developing wallet applications for the digital yuan, also known as DC/EP. The report does not specify when the test would likely start or how long it will last.”

“Binance said its social payments app Bundle would provide users across Africa with a fee-free means to store and transact in both cash and cryptocurrencies, through a new digital wallet that can be downloaded on their phones.

The payments app went live initially in Nigeria, the continent’s largest economy, with support for its national currency, the naira. Other supported assets will include bitcoin, binance coin and BUSD, the exchange’s dollar stablecoin.

Using Nigeria as a launchpad, Binance said Bundle will be fully operational in as many as 30 other African countries by the end of 2020.”

“Called SmartSessions, the Ethereum-based crypto paywall developed by 2key New Economics allows firms and “solopreneurs” to take advantage of crypto payments when offering services through Zoom.

The solution would help people pushed out of their normal premises – for example, teachers of activities such as yoga, advisers or mentors – a way to offer video sessions and still receive payments.

Ticket purchasers will be able to buy ether using a credit card within the app, paying with a choice of 17 different fiat currencies.”

See Also: Bitcoin P2P Messenger Explores Censorship Resistance During Coronavirus Crisis

“Last fall, Reliance Jio Infocomm had installed what Ambani claimed was ostensibly one of the world’s largest blockchain networks ‘with tens of thousands of nodes operational on day one.’

Analysts proposed yesterday that the investment provides Facebook with a closed network of 388 million users to test on.

FB has Libra. Jio has been working on Blockchain Crypto tech. Libra may become a reality in India.”

See Also: Sony Bets on Blockchain to Reshape the Future of Public Transport

AA on a hypothetical return to the Gold Standard

See Also: Chris Dunn: Broken Oil Markets & China’s Fake Digital Currency (Video)

Bitcoin (BTC) hodlers are accumulating more coins every day than at any time in over a year, as crypto investment looks increasingly attractive. Roughly 75,000 BTC is being added to long-term positions daily.

The impressive figures build on previous insights from Glassnode into investor behavior changes. Whales are also stocking up on coins, while wallet balances of 1 BTC or more are on the rise.”

See Also: Smart Contracts on Ethereum up 75% since March, Totaling nearly 2M

Likely that this will be integrated into Chainlink.

“Today, we are proud to announce Coinbase Oracle — a signed price feed that anyone can publish on-chain. Starting today, anyone can use the Coinbase Oracle API to get signed price data for BTC-USD and ETH-USD markets.

The price feed is sourced from Coinbase Pro — one of the most liquid crypto exchanges in the world — and updates each minute.

Coinbase is uniquely positioned to provide oracle prices as they’re the most trusted and secure institution in the space. These prices can be used as an input to help create more decentralized and secure price oracles for the ecosystem.”

“Launched Thursday, the 7-Day Asset Price Prediction feed will give an outlook on future crypto prices based on purpose-built algorithms and the firm’s API.

There are a lot of poor signals out there that are getting a lot of clicks and we thought we could do a net positive for the space by just leveling up the quality of predictions.

The Nomics forecaster isn’t a standalone, investment-grade product, Collins added, but can help inform crypto investors based on curated exchange data. The free tool currently lists 100 of the top cryptocurrencies by market cap.”

“Blandina was named the CEO in December 2019, succeeding now-U.S. Sen. Kelly Loeffler (R-Ga.), who helmed the company since its launch in August 2018 until her appointment to the U.S. Congress. He is moving to take on a role at JPMorgan.

He will be replaced by David Clifton, vice president of M&A and integration at Bakkt parent company Intercontinental Exchange (ICE).

Bakkt, which currently offers bitcoin futures and options contracts to institutions worldwide, is in the middle of building a retail-focused payments and rewards app.”