#NewsFridayDigiFinex 2020 Week 7


Japan to Develop Its Own Digital Yen Within 2-3 Years

[Photo by: photock.jp]

Japan’s State Minister Kozo Yamamoto announced that they are preparing to draft proposals and include the development of digital currency in the government’s policy guidelines. The development of digital currencies for developed countries could help stabilize emerging markets during crisis. 

[Source: Reuters]

A Lost for the Crypto Community as Andrew Yang Withdrew from Presidential Election 2020

[Wikimedia Commons]

Democratic candidate for U.S. presidential elections Andrew Yang dropped out after scoring just 3% in the New Hampshire primaries. Yang told supporters that “I am the math guy” and it was clear that they were not going to win the race. Yang has always been supportive of cryptocurrency and envisions creating a blockchain based industry if he were to win the election.

[Source: Cointelegraph]

The Future is Near! 6 Blockchain Companies Listed for Forbes Fintech 50

[Source: Forbes, DigiFinex]

With the recent rise of Bitcoin, it’s perhaps no surprise to see some of the most innovative crypto companies like CoinBase still holding onto their place on the annual Forbes list of fintech startups. Chainalysis, which generated $8 million in revenue last year earned a spot on the list along with Everledger and MakerDAO. 

[Source: Cointelegraph]

Ethereum Smart Contract Created in Memory of China’s Coronavirus Whistleblower Dr Lee Wen Liang

Dr. Lee Wen Liang was one of the earliest 8 people who alerted their friends and family about the #coronavirus back in December 2019, while the authorities shut them down as “spreading rumours”. He passed away from the virus on 6 Feb 2020. An Ethereum smart contract was created to remember and mourn his death with the ancient Chinese phrase: “We mourn for our ancestors as they did not mourn for themselves. If we mourn but do not reflect, the future generations will mourn for us.” 

[Source: Coindesk, etherscan.io]

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What Is NFT Real Estate and How Is It Changing the Real Estate Industry?

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Arbitrum Project Introduction

From 2020 to now, many public blockchains such BSC, Solana, Polkadot, and Avalanche raced to take over ETH’s users and market. Their advantages on low gas fee and quick transaction time made ETH eager to release effective Layer2 program to expand the capacity. Since Arbitrum was released, its ecosystem grew up rapidly and already owned many mature and popular featured projects on different race tracks.

Polkadot, the King of Cross-chain Explained

What is Polkadot? Polkadot is a heterogeneous blockchain founded by Gavin Wood, former CTO of Ethereum, is an impeccable blockchain project that is perfect in every sense. Its founder, Gavin Wood, is the author of the Ethereum White Paper and the person who knows the defects of Ethereum at heart. Polkadot was founded with the idea to solve Ethereum’s shortcomings and replace it as the “King of the Public Chain”. Read to find out more!

Fil Mooned Right Away After I Sold It. Am I One of the Weak Hands?

“Fil mooned right away after I sold it. I am the weakest hand in the crypto world.” said one of my friend who has been trading cryptocurrency for many years. He is a user during the public sale and bought FIL at the price of $2. After the FIL is unlocked, he sells coins wildly every day. But even so, he still hates the slow process of unlocking, so he directly sold all the publicly purchased Fil at the price of dozens of dollars.

What is EIP-1559? How will it affect Everyday Users? Will it Pump Up ETH Price?

What is EIP-1559? How will it affect Everyday Users? Will it Pump Up ETH Price? The EIP-1559 we will be talking about in this article is an example of Ethereum improvement proposal. This proposal was first put forward in November 2018 by Eric Conner, an ETH developer. It aims to reform the GAS fee bidding system of ETH, so to reduce the cost for users to transfer money on ETH.

DigiFinex Apollo IEO Project HGOLD Token Sale Announcement & Sponsoring Michael Madsen’s Imprint Ceremony in Hollywood

5 rounds of HollyGold Limited Token Sale came to an end smoothly last Friday, Nov 13rd, 2020. Not only was it a successful token sale, its’ results were indicating a positive growth in the project HollyGold. HollyGold has also sponsored Michael Madsen at his celebratory imprint ceremony in Hollywood recently.

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