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Bitcoin of America Adds Bitcoin Cash to ATMs; Norway Embraces Public Ethereum; Yearn Finance Spikes 42%

Bitcoin

Bitcoin of America has announced the newest additions to its Bitcoin ATM machines (BTMs). Bitcoin Cash (BCH) is now available to purchase at Bitcoin of America ATM locations after the BTM operator added Dogecoin and Shiba Inu in April.

Bitcoin of America says it is constantly making updates to its BTMs to add coins that are in high demand. To date, the BTM operator has 2,500 plus BTMs across 31 states. Apart from the coins earlier listed, Bitcoin of America also offers Bitcoin, Ethereum, and Litecoin options online and at their BTM locations.

Norway Embraces Public Ethereum

The Norwegian Government has announced a solution on public Ethereum: a cap tables platform for unlisted firms, according to Jon Ramvi, founder of Symfoni.

The platform will run directly atop the layer 2 scaling solution for the public Ethereum network known as Arbitrum. While maintaining the complete security of the Ethereum main chain, Arbitrum is faster and less expensive to transact with. Ethereum’s scaling method is Layer 2.

The shares are represented by the ERC1400 standard. This standard, which combines ERC20 and ERC721, satisfies the requirements for securities. The platform’s basis is Consensys’ ERC1400 implementation. A right to be forgotten is required by the EU privacy legislation (GDPR). Therefore, it is necessary to have the ability to delete personal data. For instance, a shareholder who sold her shares 10 years ago would like to have her record as a shareholder deleted.

Symfoni has created an SDK so that web 2.0 and older backend developers may comprehend and utilize the platform. This allows both government organizations and the business sector to retrieve data and improve the platform’s usefulness.

Yearn Finance (YFI) Suddenly Spikes by 42%

On June 24, Bitcoin surpassed the $21,000 mark, while other cryptocurrencies displayed signs of recovery following a sharp decline the previous week. Yearn Finance (YFI), one of the biggest gainers at the time of publication, rose by about 42 percent.

Following the development team’s announcement of the crypto-native Solana mobile phone at an event in New York yesterday, the price of the SOL token for Solana increased by 11%. As the project unveiled a native bridge to the Bitcoin network, Avalanche’s AVAX increased by 8%, extending Thursday’s gain. With a 17 percent rise, Polygon’s MATIC extended Thursday’s run.

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