Chainlink (LINK) has surprised the markets during 2020 with a sustained bullish movement that has led many to bet on this cryptocurrency and its project. This and more news in this handy summary so that you are always informed with the most recent and impactful events that occur within the crypto world.
📍With the current increase in the price of Bitcoin, the eyes of many traders and investors remain on this cryptocurrency, although there are others that are also experiencing incredible performance so far in 2020. LINK, the token de chainlink, reached a new value of $13 USD per unit, representing a growth of approximately 500%. Messaria reports that in the last week, LINK was the second most traded token within Binance, second only to Bitcoin.
📍IOTA IOTA is preparing for the launch of a new upgrade that will allow it to process over 1.000 transactions per second with a confirmation time of just 10 seconds. On their official Twitter account, IOTA developers confirmed that the next network upgrade is very close.
📍Huobi, exchange China-based cryptocurrency exchange Huobi has secured two operating licenses from the SFC, the authority in charge of regulating the securities and futures markets in Hong Kong. Among the licenses granted to Huobi are a Type 4 license that allows the exchange to offer securities advice to its clients and users, and a Type 9 license that allows it to authoritatively manage and administer assets for institutional clients.
📍Compound, one of the main platforms DeFi, is implementing tests on Open Price Feed, oracle decentralized that will allow the operation of its lending system. The tests have been carried out for two weeks on the testnet Hive y ropsten de Ethereum.
📍In the United States a advertising campaign by Grayscale Investments to promote Bitcoin and other cryptocurrencies through televisions in the country. The advertising campaign will begin next week and aims to promote the importance of cryptocurrencies, as well as raise awareness about the use of these digital assets.
Continue reading: SEC turns its sights on the burgeoning DeFi ecosystem and smart contracts
