South Korea Allocates $3.1M in Funding for Blockchain Startups – March 27

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$6,635

Bitcoin price has spent another 24 hours in a tight range in the high $6,000s. Price briefly tested both the upper and lower bounds of the range, yet to make a clear indication of its next direction.

Top-20 altcoins are mostly in the green, as XRP steals the spotlight with a 6% gain, and Ethereum rises just under 1%. Binance Coin has done well, also with a rise of 6%.

Top Stories for March 27, 2020 🔥

👉 South Korea Allocates $3.1M 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 support initiative for nascent blockchain projects.

A total of nine projects will be awarded funding of up to KRW 450 million ($362,000) each. They will also receive assistance on planning and prototyping service models, design, implementation and demonstration of their use cases.

👉 Coinbase Wallet Integrates Native Support for DeFi Protocols

A new update to the Coinbase Wallet has added native support for multiple DeFi protocols, with a new rate comparison and lending feature.

The feature allows a user to choose an asset and view interest rates on the asset across multiple lending protocols, as well as access the protocols – all from the Coinbase Wallet app.

👉 Cardano Founder Accuses Wikipedia of Censorship Against Crypto

Cardano founder Charles Hoskinson has accused Wikipedia of being biased against cryptocurrency, in a recently-posted YouTube video, threatening to take legal action.

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