On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token …
Yearly archives: 2021
LBank Recruits Global Elites to Share Crypto Growth Dividends
press release PRESS RELEASE. Internet City, Dubai — As an innovative global trading platform for various crypto assets, founded in 2015. LBank officially launched the Global Ambassadors Recruitment at the end of June in 2021. LBank provides its users with safe crypto trading, specialized financial derivatives and professional asset management services. It has become one …
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Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges are busy settling important numbers. Decentralized Finance Bruised but Still Up The decentralized finance paradigm stormed the market this year, and while it certainly took …
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Whales Are Quietly Pouncing on Ethereum As Crypto Market Meanders, According to Analytics Firm Santiment
The largest Ethereum whales in existence are accumulating ETH as the asset’s price continues to tick downwards. Crypto analytics firm Santiment says Ethereum’s top 10 largest addresses went from owning as low as 18.46% of the total Ethereum supply after mid-May – when ETH achieved its all-time high – to 20.58% by July 13th. ADVERTISEMENT …
NEM, Augur and District0x price push higher while Bitcoin trades below $32K
Bitcoin (BTC) is on the verge of closing another week that saw the price dip closer to $30,000 but the same bearish observation cannot be made for all altcoins. On Friday, several smaller-cap altcoins managed to shake off the bearish assault and post-double-digit gains before traditional markets closed for the weekend. Data from Cointelegraph Markets …
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Altcoin Roundup: Data shows social metrics surge ahead of DeFi and NFT price rallies
A common saying in the investing world is “The trend is your friend,” a phrase that points to the idea that the majority of the time, sticking with the prevailing market trend will produce positive results. Some of the common metrics used to identify market trends include: technical analysis, which involves studying price charts to …
Harmony announces $1M hackathon aimed at merging traditional finance and DeFi
The Harmony blockchain has opened registration for a hackathon starting next month with more than $1 million in seed funding and prizes for participants. In a Thursday announcement on Twitter, Harmony said the hackathon would be focused on bringing in more people from traditional finance for challenges bridging their fields and decentralized finance. The protocol …
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Bitcoin Price Prediction: BTC/USD Reaches $31,000 Support
Bitcoin Price Prediction – July 16 The Bitcoin price is seen declining after consolidating in a narrow channel and then buying interest may increase in the next positive direction. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $36,000, $38,000, $40,000 Support Levels: $28,000, $26,000, $24,000 BTCUSD – Daily Chart Buy Bitcoin Now In …
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Ripple (XRP) scores as judge orders former SEC Director to testify
In the ongoing SEC vs. Ripple case, Judge Netburn has ruled that former SEC Director William Hinman will testify under oath. Having filed charges against Ripple in late December 2020, the case has evolved into a complex beast tackling numerous motions. This latest motion relates to the SEC’s attempt to quash the deposition of Hinman, …
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Hacking group Anonymous launches Anon Inu crypto token “to fight Musk and China”
The decentralized hacker collective known as Anonymous is set to launch a crypto token called Anon Inu on the Binance Smart Chain (BSC). In a YouTube video announcing the token, Anonymous claims Anon Inu is central to fighting Elon Musk and China. But how it does that is unclear at this time. “We believe that …
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4 Consecutive Difficulty Drops Make Bitcoin Block Rewards 49% Easier to Find
Following the largest mining difficulty drop in Bitcoin’s history, this weekend will once again see another slide, but less than 6% of the difficulty will be shaved. Statistics show Bitcoin’s hashrate has been able to climb higher since the difficulty drop two weeks ago, and climbed above 100 exahash per second (EH/s) this week. This …
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Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa and Mastercard have not severed ties with cryptocurrency exchange Binance despite rising regulatory scrutiny. The two payments giants have …
China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced
The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress. The PBOC initiated a task force dedicated to the creation of a digital yuan in 2014, and the recently published document is the project’s first white …
Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform
press release PRESS RELEASE. Position Exchange’s Team is pleased to announce the launch of its new Decentralized Trading & Exchange Community driven platform. What is Position Exchange? Position Exchange is the new Decentralized Trading & Exchange platform, powered by a virtual Automated Market Maker (vAMM) and operating on Binance Smart Chain (BSC), aiming to bridge …
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Eric Pulier Changes How We Connect Online
Eric Pulier Changes How We Connect Online Eric Pulier, entrepreneur and founder of Vatom, Inc., and his team recently launched the Vatom NFT Platform to obliterate the boundaries between the physical and digital worlds. Vatom NFT Platform is a new medium for people across the globe to engage in, and industry leaders across the crypto …
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