Brazil’s Top Exchange Mercado Bitcoin Lists Sport Token Chiliz

Chiliz (CHZ), a major sports-focused digital currency, is getting its first listing on a Brazilian cryptocurrency exchange. Mercado Bitcoin, the largest crypto trading platform in Brazil, will soon roll out Chiliz trading against the local currency, Brazilian real (BRL). Chiliz token is the first utility token listed on Mercado Bitcoin As officially announced on July 13, Mercado Bitcoin users are already able to make Chiliz deposits with BRL. Trading will be launched on July 14. Chiliz token is the seventh digital currency supported on Mercado Bitcoin exchange. According to data…

Telefónica, Deutsche Telekom and Vodafone Use Blockchain for Roaming Settlement

Three global industry leaders in telecommunications — Spain’s Telefónica, Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements.  Developed by blockchain startup Clear, the solution is expected to reduce capital costs for telcos, support faster revenue recognition, and provide more efficient settlement for their inter-company deals and workflows. Both Telefónica Innovation Ventures and the Telekom Innovation Pool of Deutsche Telekom had participated in a $13 million Series A investment for Clear earlier this year to support the startup…

Singapore’s Blockchain Payments Platform Ready for Commercial Launch

Singapore authorities announced today that their blockchain payments project, Project Ubin, is complete and ready for commercial launch.  The Monetary Authority of Singapore, or MAS, first undertook Project Ubin in 2017 with plans to first develop a digitized Singapore dollar (SGD). The next steps involved exploring blockchain and distributed ledger technology to build a system for the clearing and settlement of payments and securities using digital SGD. For the final phase of the project, MAS worked in collaboration with the Singapore-based investment company Temasek and the American investment bank JPMorgan. …

Cardano Has ‘Plenty of Room for Growth’

After Cardano surged to become sixth-biggest cryptocurrency by market cap last week, Messari co-founder and CEO Ryan Selkis still believes traders could buy and stake more of the altcoin. In his newsletter, Seliks said lower staking rates for Cardano (ADA) could mean a higher reward payout for investors who are “wondering if they’re late to the party.”  The Messari co-founder says one of the catalysts for the token’s recent surge  — up 85% as of July 8 — is Shelley, an upcoming possible hardfork upgrading its ecosystem. “The potential discrepancy…

Japanese Residents Have Cash to Spare, But is it Going into Crypto?

Investors in Japan increased their crypto holdings during the early stages of the pandemic before the government issued economic relief payments.  According to a July 13 report from Japanese news outlet Nikkei, the Bank of Japan revealed that the supply of M3 in the country — a measure of various money stock in circulation — increased 5.9% in June to $13.5 trillion.  The amount of liquid assets available to residents of Japan has increased following the government issuing 100,000 yen — roughly $936 — stimulus payments to individuals, 300,000 yen…

Chainlink (LINK) Surges 39.5% to a New All-Time High — Here’s Why

Today the price of Chainlink (LINK) soared by more than 34% to reach a new all-time high at $8.48 and also notch a market capitalization of $2.5 billion. Three key factors that likely pushed the price of LINK to a new record high were: high-profile partnerships, price discovery, and the strong momentum that currently drives the altcoin market. Crypto market weekly price chart. Source: Coin360 Price discovery drives LINK price higher On July 6, the price of LINK surpassed its previous record high at $5.31 and officially entered a price…

G20 Lays Regulatory Groundwork for Accepting Digital Payments

Digital currency payments may become a reality for G20 members before the next summit in Saudi Arabia. As reported by Kyodo News on July 11, officials revealed that the G20 summit compromising representatives from 19 countries and the European Union will be laying the groundwork to accept digital payments. The changes are expected to begin in October, presumably at the G20 Finance Ministerial and Deputies Meetings in Washington DC and before the next summit in Riyadh in November. According to the Japanese news outlet, G20 officials enacted the policy change…

Cardano Warns of Youtube Scams Promoting Fake ADA Giveaways

Cardano is warning the public against scams promoting a fake Cardano (ADA) giveaway.  In a tweet, Cardano founder Charles Hoskinson said a Youtube account has been using a keynote address he made to promote a fake giveaway.  “It has come to my attention that a scam has been floating around using my conference keynote to promote a giveaway https://youtu.be/MqeEhezvI1s this is a scam. Please report it to YouTube. We will take legal action if we can against those responsible.” The price of ADA went up by more than 85% in…

Dogecoin Surges, Coinbase Rumors, Brave Legal Threats: Hodler’s Digest, July 6–12

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin’s price has hardly moved an inch in the last six weeks — barely moving 2% in either direction from its average. This long period of stagnation resembles what happened in early 2017. BTC stayed around $900 for the first three months of the year,…

Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies

Coinbase defended the licensing of its analytics software saying if people really wanted privacy, privacy coins were around. Coinbase CEO Brian Armstrong took to Twitter to talk about Coinbase Analytics and the company’s practice of licensing out the platform, explaining why crypto exchanges must have some sort of analytics software to comply with banking regulations. “Exchanges that maintain connections into the existing financial system (i.e. ability to connect your bank account, do wires, etc so you can convert fiat to crypto) need to follow AML laws, and this often includes…