Dtravel, a blockchain-based travel website will now permit customers to make payments in cryptocurrency. The customers will also be able to make payments in its native token TRVL to book 250,000 homes spread across 20,000 destinations. The decentralized home-sharing platform is backed by the leading cryptocurrency exchange Binance, allowing customers to rent vacation homes at …
Yearly archives: 2021
Solana network slows to a crawl following alleged DDoS attack
On Thursday, the Solana network experienced a significant slow down in transaction processing, sparking fears of another DDoS attack. However, blockchain service provider GensysGo played down the incident, attributing the situation to “growing pains,” rather than inherent design flaws. “The #Solana validator network is experiencing issues this morning. TPS issues as the network works to …
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Sanctor Capital’s latest mentees double down on NFTs, GameFi, and the metaverse
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › Sanctor Capital, a blockchain-focused investment firm, announced that eight new projects have completed its Y-Combinator-style program. In a press release shared with CryptoSlate, the company said that the hand-selected Beta Class graduated from its …
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Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not Included
The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up hassle,” as the firm believes “defi has tremendous potential to help increase …
Indian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation
A high-level meeting is reportedly being held on cryptocurrency regulation in India and Prime Minister Narendra Modi will take a final decision on how India will regulate the crypto sector. All options are being discussed including full and partial regulation as well as a complete ban and a partial ban. Indian Crypto Regulation to Be …
Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model
Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will be built on top of the Celo blockchain. Kick-Starting a …
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Bitcoin.com Wallet Adds Support For Multisig (Shared) Wallets
The Bitcoin.com Team is excited to announce support for shared (multisig) wallets for Bitcoin and Bitcoin Cash in the Bitcoin.com Wallet. That means you can protect your most valuable wallets with a unique form of two-factor authentication, set up a corporate treasury, safely introduce your kids to Bitcoin, and more. What Are Shared Wallets? Standard …
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Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law
The Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate digital assets that have been involved in criminal activities. Russian Prosecutor General’s Office Prepares Amendments Allowing Seizure of Cryptocurrency With cryptocurrencies being only partially regulated …
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Chainalysis announces integration of Bitcoin’s Lightning Network
Chainalysis, a leading blockchain data platform, has announced launching support for the Lightning Network. The Lightning Network is a layer two protocol on the Bitcoin blockchain, enabling fast transaction processing. Chainalysis notes that the integration of the Lightning Network will happen in February 2022. Companies that use Lightning nodes to process Bitcoin payments will have …
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Binance seeking to establish an exchange in Indonesia with recent partnerships
Binance, the largest cryptocurrency exchange by trading volumes, has announced it is in talks with Indonesia’s PT Bank Central Asia and PT Telkom. The two institutions will talk about setting up a cryptocurrency trading platform. If Binance launches an exchange in Indonesia, it would stimulate the growth of the Indonesian cryptocurrency economy and boost the …
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Cardano records increase in Plutus-based smart contracts
Cardano, the largest proof-of-stake network in the blockchain sector, has recorded an increase in the number of smart contracts written in Plutus. Plutus is the native programming language for the Cardano network. The number of smart contracts written in Plutus has increased by more than 200% from around 300 reported in November. The number of …
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Coinbase Launches Support for Series of Altcoins Across Full Retail Platform
Top US crypto exchange Coinbase is expanding support for four Ethereum tokens and a pair of other altcoins across its full retail platform. After a release on Coinbase Pro, IDEX (IDEX) is now available to buy and sell on the company’s main retail trading platform and mobile applications. The Ethereum token powers the IDEX decentralized …
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NFT clone Punks: Right or wrong?
“Can someone explain to me why NFT ‘clones’ are selling for so much?” asked Redditor LittleDoofus a couple of months ago. NFT clones cash in on successful NFT collections by releasing similar or even identical copies of the art under similar sounding brands. LittleDoofus wanted to know how we have suddenly ascribed so much value …
Virtue Gaming launches play-to-earn crypto model to bring online poker to US players
On Friday, Virtue Gaming, a decentralized online poker platform built on the Ethereum (ETH) blockchain, launched the first play-to-earn digital poker casino in the United States. In the U.S., only six states (Nevada, Delaware, New Jersey, Pennsylvania, West Virginia, and Michigan) have legalized and currently regulate online poker. The country has been slow to act …
Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years
Bitcoin (BTC) surged over $1,000 in seconds on Dec. 10 as the United States Consumer Price Index (CPI) data showed inflation in November was worse than anticipated. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView November CPI conforms to expectations Data from Cointelegraph Markets Pro and TradingView showed BTC/USD running to $50,132 on Bitstamp as the data …
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