The Ethereum network is the second most valuable decentralized blockchain protocol in the world right now. With its utility token Ether (ETH) currently serving as the de facto currency for the rapidly growing decentralized finance (DeFi) and non-fungible token (NFT) sub-sector, ETH is one of the most sought-after digital currencies globally. Crypto staking has boomed …
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Fantom is among the best gainers in the cryptocurrency market, with double-digit gains in the past 24 hours. The coin has been on a steady increase over the past month, which has led to the creation of new monthly highs. Whilst the all-time high is yet to be achieved, a continued bullish sentiment from the …
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The crypto market has been on a significant rebound in the past 24 hours. Bitcoin is again retesting the resistance at $50K, while ethereum has made new monthly highs of $3700. This upswing has led to a sudden comeback from the broader market, and altcoins are now making new monthly highs. VeChain is trading at …
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MIOTA is one of the best performing altcoins in the market currently after making a double-digit gain in the past 24 hours. These gains have allowed IOTA to head towards new monthly highs. The recent gains have been attributed to broader market support, as bitcoin touched $50K. MIOTA is trading at $1.23 at the time …
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Binance and APENFT are co-hosting the “ApeAvatar” charity mystery box event on September 6th. Centered around charity, the 60-day event incorporates NFT celebrity avatars and mystery boxes of designer toys to unleash greater potential for the NFT ecosystem. This marks another collaboration between the two after the “Genesis” NFT auction in June. It is understood …
A $318,000,000 incentive program is fueling the fast rise of the crypto asset Fantom (FTM). The team behind the smart contract platform and 70th-ranked altcoin says it’s committing the funds to support developers who want to build on the platform. ADVERTISEMENT “…We have decided to introduce a different kind of program to better align …
Franklin Templeton is the latest investment company to go on a cryptocurrency hiring spree by posting fresh job applications seeking crypto professionals. The American asset manager is looking for two medium-senior level experts to lead its crypto trading and research efforts, according to LinkedIn job postings published on Sept. 1. Franklin Templeton’s newly opened crypto positions …
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Dallas Mavericks, Mark Cuban’s NBA franchise, started a cashback rewards program to incentivize merchandise and ticket payments in Dogecoin (DOGE). The rewards program is dubbed “Mavs Cryptomania,” and customers who spend more than $150 worth of Dogecoin in one transaction will receive a $25 e-gift card that they can use for online purchases in the Dallas …
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JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion. In a note to clients reported by Markets Insider, the JPMorgan analysts suggested valuations in crypto markets, especially altcoins and NFTs, are getting too high. “The share of altcoins …
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HodlX Guest Post Submit Your Post Without question, the DeFi movement is revolutionizing the financial sector. Decentralized finance is well on its way to changing the world of finance as we know it by transforming traditional financial components into open, transparent protocols across a decentralized network. In fact, the total value locked in DeFi assets …
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The original Doge meme NFT has soared to a valuation of around $220 million following its successful fractionalized token sale this week. Ludicrously high prices for in demand NFTs are the flavor of the week, with Sotheby’s new Bored Ape Yacht Club NFT auction predicted to fetch up to $18 million. Earlier this week Doge …
U.S. Magistrate Judge Sarah Netburn has ordered Ripple to produce one million missing Slack messages between employees which the Securities and Exchange Commission (SEC) has sought to access. Despite Ripple’s protestations that complying would cost up to $1 million, the judge deemed the messages critical and unique evidence for the SEC’s ongoing case against the …
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New research has shed more light on the crypto industry’s largest-ever token sale, alleging that foul play may have been afoot during EOS’s initial coin offering (ICO) four years ago. Researchers from the University of Texas have raised fresh concerns regarding Block.one’s record $4.362 billion ICO for the EOS blockchain in 2017 and 2018. The …
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With less than a week to go before El Salvador’s Bitcoin Law takes effect on Sept. 7, a majority of citizens surveyed are opposed to government-mandated cryptocurrency adoption. A survey conducted by the local Central American University’s (UCA) Institute of Public Opinion has found that 70% of Salvadorans believe President Nayib Bukele’s Bitcoin Law, recognizing …
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Benyamin Ahmed, a 12-year-old British Pakistani boy has made around $400,000 after launching his very own non-fungible token (NFT) project, Weird Whales. The young programmer wrapped up the project featuring 3,350 programmatically-generated pixel whales during school holidays and made a small fortune after his artwork went viral on Twitter. Creative 12-year old coder “I completed …
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