π 30 Second Cryptocurrency Price Summary
Current Bitcoin Price:Β $34,682
Bitcoin price has fallen almost 4% over the last 24 hours, following former Fed chair Janet Yellen’s remarks on cryptocurrency being used to financing terrorism.
Top-20 altcoins aren’t looking too sharp either, as Ethereum falls 5%, XRP drops 6% and Polkadot corrects over 11%.
Top Stories for January 20, 2021 π₯
π Brave Browser Becomes The First To Support IPFS
The privacy-focused Brave browser has become the first internet browser to add support for InterPlanetary File System (IPFS), a decentralized file storage and sharing system.
Brave users will be able to use a gateway or full IPFS node to access content directly from the IPFS network, using ipfs:// addresses.
π Janet Yellen Calls Crypto “A Concern” For Terrorist Financing
Former Federal Reserve chair Janet Yellen has labelled cryptocurrencies as “a particular concern” for terrorist financing at a Senate Finance Committee hearing yesterday.
Yellen warned of emerging tools for terrorist financing, saying that the US needs to examine ways to prevent their use for terrorism and money laundering.
π Perpetual Protocol Becomes Sixth-Largest DEX
Decentralized derivatives trading platform Perpetual Protocol has become the sixth-largest decentralized exchange (DEX), just one month after its release.
Perpetual Protocol runs on xDai, a layer-2 scaling solution on Ethereum – facilitating almost 180,000 transactions to date for a total of just $183 in fees.