Crypto News Cast 📮 14-11-2020

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24hours Cryptocurrency Market Cap:

📈MarketCap: $459 B
📊24h Mcap %: -0.30%
⚠️Bitcoin Dom: 64.60%
📌Active Coins: 4,618
📍24h Vol %: -0.38%
💲24h Vol: $112 B

Crypto News Updates :

• Grayscale Reported Massive Inflow Of $115 Mln In Bitcoin In One Day
• Travelers Can Pay For Passports With Bitcoin
• Undo ETH Transactions On MetaMask and WalletConnect
• Galaxy Digital’s Posted Record Volumes In The Third Quarter
• MakerDAO’s DAI Market Cap Surpass Over $1 Billion
• Belarus Largest Bank Launches Crypto Exchange Service

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Grayscale Reported Massive Inflow Of $115 Mln In Bitcoin In One Day

Grayscale has reported a massive inflow of investments into Bitcoin that took place within one day—on Nov. 12. The managing director of Grayscale Investments, Michael Sonnenshein, has shared the news that the company has managed to collect more than $115 mln for Bitcoin from financial institutions in single day. Grayscale has held as much as $7 billion in Bitcoin and other cryptocurrencies under management. In Q3, the company had laid its hands on 77 percent of all BTC mined during that time. Read Full on U.Today

Travelers Can Pay For Passports With Bitcoin

Peninsula Visa, a firm providing passport and visa services in the U.S., says it now accepts payments in bitcoin. Peninsula said Wednesday that the payments will be processed through Coinbase Commerce, the merchant payments arm of the cryptocurrency exchange. Currently, customers can use bitcoin to fund passport renewals, name changes and second passports. Other passport and visa services will be included in the program over the next year, the firm said. Read Full on CoinDesk.

Undo ETH Transactions On MetaMask and WalletConnect

Israeli startup Kirobo has announced the launch of an “undo transaction” button for Ethereum (ETH) blockchain transactions. Previously available exclusively for Bitcoin, the feature is now open to ETH transactions as of Nov 12, to be followed later by ERC-20 token transfers. According to the Israeli government-backed company, the feature will eventually include protection against sending funds to smart contracts that do not accept deposits. Such transactions previously resulted in an irretrievable token loss. Feature is now available to ETH holders using MetaMask and WalletConnect. Read Full on BeInCrypto.

Galaxy Digital’s Posted Record Volumes In The Third Quarter

Galaxy Digital’s over-the-counter trading desk posted record volumes in the third quarter, signaling once again that institutional uptake of digital assets is on the rise. The company’s third-quarter earnings report showed a 75% year-over-year rise in trading volumes, reaching approximately $1.4 billion. Assets under management totaled $407.4 million at the end of the third quarter, which include $82.4 million in passive Bitcoin (BTC) and index funds and $325 million in the Galaxy EOS VC Fund. Read Full on cointelegraph.

MakerDAO’s DAI Market Cap Surpass Over $1 Billion

According to Rune Christensen, CEO and co-founder of the company, users of the decentralized stablecoin protocol Maker have minted $1 billion worth of the DAI stablecoin. Dai is now the third-largest by market capitalization after Tether and USD Coin. Unlike many other stablecoins, DAI is not minted by a central company that can decide to issue tokens at will so long as it can claim that it has sufficient reserves. Instead, DAI requires investors to actually stake crypto in order to issue tokens, meaning that its growth is presumably based on real demand. Read Full on Crypto Briefing.

Belarus Largest Bank Launches Crypto Exchange Service

Belarusbank, a state-owned bank and the largest financial institution in the Republic of Belarus in collaboration with the crypto exchange platform White Bird, is offering cryptocurrency trading services using Visa payment cards. The new crypto exchange service will be open to citizens both in Belarus and Russia. Meanwhile, there are plans to expand the number of countries that would access the new service. Furthermore, users will be able to trade crypto against fiat currencies such as Belarusian ruble (BYN), US dollar (USD), Russian ruble (RUB), and euros (EUR). Read Full on BTCMANAGER.