Top 5 Crypto News: 01/18

Today we witnessed Bitcoin consolidating close to $37,000, and altcoins like DOT and LINK that made new all-time highs recently are also consolidating.

Let’s find out some exciting crypto news for today.

TomoChain’s Latest Upgrade To Issue a Wrapped ERC20 Token With the Wrap/Unwrap Features

With the latest upgrade of TomoChain, users are now able to issue a wrapped ERC20 token via TomoIssuer. In addition to this, users can also add it to TomoBridge so that other users can wrap/unwrap the token.

Enjin and Miss Bitcoin Partner To Launch Japan’s First NFT (Non-Fungible Token) Fund for COVID-19 Pandemic Victims.

Enjin partnered with Miss Bitcoin to launch Japan’s first NFT (non-fungible token) charity campaign. This is an innovative campaign that uses the tokenized art created by Japanese celebrities to raise funds for teens facing economic difficulties during the COVID-19 pandemic.

Italian Football Giants AC Milan Partnered With Chiliz To Launch $ACM Fan Token

Italian football giant and Champions League winner AC Milan partnered with Chiliz to deploy blockchain-based fan tokens. Furthermore, $ACM Fan Token owners will get access to a wide range of benefits including the right to vote in multiple club decisions, VIP rewards and experiences, games, promotions, and much more.

Cryptocurrency Exchange Rain Raised $6 Million in Funding

Rain Financial, the cryptocurrency exchange licensed from the Central Bank of Bahrain, has raised $6 million in funding from Coinbase and other investors. The exchange was founded in 2017 and became the first crypto-asset platform licensed in the Middle East back in 2019.

Upcoming Beta Version of Central Bank Digital Currency (CBDC) Launch Announced by China’s Blockchain-based Service Network (BSN)

China’s Blockchain-based Service Network (BSN) is planning to build a digital currency payment network. According to the report, they are planning to launch the beta version of this solution in the second half of 2021. The company expects it will take five years for the global network to be completed.

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