Weekly Crypto Report (01-05 April 2020) | What Happened This Week in Crypto


Here you will know about the weekly crypto report of last week regarding bitcoin and other cryptocurrency events happened all around the world 

1 A blockchain system is patented by ⁠General Motors to update navigation maps

EU, the European Union announced that with new developing ways of changing time, the European Union wants to move with new blockchain technologies in social services like vehicle’s, reported on 04 April 2020. the European Foundation for the Improvement of Living and Working Conditions, or Eurofound, an EU agency, said in a 2020 report

2 For developing Blockchain-based System, SoftBank-Backed Fintech Firm partnered Chinese Conglomerate

 For the country’s biggest trading hub, developed a blockchain-based information sharing platform by the fintech arm of China’s largest insurer and logistics conglomerate  Fintech arm of China’s largest insurance company is the Financial Technology According to a March 31 reported by the China News Service, a state media publication. In order to build a logistics

3 Retail dealers have a shortage of Gold Bars and Small Gold Coins supply

Global market situations have drastically changed due to COVID-19.Industries and markets are locked down, Share markets falling down. In such a situation Gold seems to be a good and safe investment portfolio. Against any situation or in crises Gold can be a Good Cover. Nowadays it is time to buy gold, as investors are looking

4 A personal crypto mining pool is launched by Binance

  Initiative to undertake Crypto mining pool, hold by cryptocurrency exchange Binance   Tuesday signifies, Russian news figured out Coinlife reported first  the exchange’s plan inorder to stand up a bitcoin mining pool. The Wednesday tweet states the confirmation hold by the Binance CEO Changpeng Zhao, reported on 1 April 2020.  The series of new additions

5 Blockchain-based trading platform for Gold is launched by Australian Startup Meld Gold

2020’s beginning of this year is very crucial and challenging to the whole world. Across the whole world COVID-19 affecting human lives and World Economy both.A Global Outbreak of Coronavirus shut downs industries and markets across the world. At this stage, it’s difficult to describe the challenges ahead this year.Gold price and cryptocurrency are fluctuating.

6 The Deadline extension For Mt Gox bitcoin exchange rehabilitation plan is approved by the Tokyo court

The Deadline extension For Mt Gox bitcoin exchange rehabilitation plan is approved by the Tokyo court  30th March 2020, 10:13AM EDT  In order to defunct bitcoin exchange, the court directed the submission deadline Mt Gox’s civil rehabilitation plan has been expanded up to the 1st of July, reported on 30 March 2020.  Profile of rehabilitation

7 Opera enlarged its crypto wallet service across whole Europe and 4 new other countries as well

Highlights: Opera allows users to buy BTC and ETH using Master debit cards or Visa cards – new feature Opera browser with Payments Firm Wyre -together for Partnership. Key Factors: Expansion Initiative Adoption Deal Opera expansion added a new feature allowing trading to Crypto users using Crypto Wallet which is built-in the Opera browser, reported

8 Binance bid $400 million to acquire CoinMarketCap

Instant glance  Binance, grasping the last step of talks to get CoinMarketCap. The crypto exchange is forwarded to pay nearly to $400 million for a deal, recognized people notify, The Block that the Binance is in the last stages of talks, in order to acquire the CoinMarketCap, reported on 31 March 2020. The people thereby