Home / Blog / South Korea Allocates $3.1M in Funding for Blockchain Startups

South Korea Allocates $3.1M in Funding for Blockchain Startups

South Korea Allocates $three.1M in Funding for Blockchain Startups

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $6,635

Bitcoin value has spent one other 24 hours in a decent vary in the excessive $6,000s. Price briefly examined each the higher and decrease bounds of the vary, but to make a transparent indication of its subsequent path.

Top-20 altcoins are principally in the inexperienced, as XRP steals the highlight with a 6% acquire, and Ethereum rises slightly below 1%. Binance Coin has completed nicely, additionally with an increase of 6%.

Top Stories for March 27, 2020 πŸ”₯

πŸ‘‰ South Korea Allocates $three.1M in Funding for Blockchain Startups

The South Korean Ministry of Science and ICT has teamed up with the National IT Promotion Agency, to launch a help initiative for nascent blockchain initiatives.

A complete of 9 initiatives will probably be awarded funding of as much as KRW 450 million ($362,000) every. They will even obtain help on planning and prototyping service fashions, design, implementation and demonstration of their use circumstances.

πŸ‘‰ Coinbase Wallet Integrates Native Support for DeFi Protocols

A brand new replace to the Coinbase Wallet has added native help for a number of DeFi protocols, with a brand new charge comparability and lending function.

The function permits a consumer to decide on an asset and examine rates of interest on the asset throughout a number of lending protocols, in addition to entry the protocols – all from the Coinbase Wallet app.

πŸ‘‰ Cardano Founder Accuses Wikipedia of Censorship Against Crypto

Cardano founder Charles Hoskinson has accused Wikipedia of being biased in opposition to cryptocurrency, in a recently-posted YouTube video, threatening to take authorized motion.

He claimed that Wikipedia had been overruling updates made to the Wikipedia web page on Proof-of-Stake – in specific these updates that made references to Cardano’s Ouroboros consensus algorithm.

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