Nonfungible tokens (NFT) have taken the world by storm, resulting in mainstream interest and greater adoption of cryptocurrency. According to blockchain analysis firm Chainalysis, NFT popularity skyrocketed in 2021. Chainalysis’ “NFT Market Report” shows a minimum of $44.2 billion worth of cryptocurrency sent to Ethereum smart contracts associated with NFT marketplaces and collections last year. …
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There are several clear signs that investors can watch out for to protect themselves from rug pulls such as the liquidity not being locked and no external audit having been conducted. The following are six signs users should watch out for to protect their assets from crypto rug pulls. Unknown or anonymous developers Investors should …
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Bitcoin Price Prediction – February 6 As the Bitcoin price prediction shoots above $42,000 as bulls ready to blow hot, it has done little to flip the market sentiment at this stage BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $47,000, $49,000, $51,000 Support Levels: $37,000, $35,000, $33,000 BTCUSD – Daily Chart Buy …
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The Lucky Block price has risen sharply this weekend, up 40% in the past 24 hours and currently attempting to reclaim and hold the $0.0020 level. On Feb 2nd the LBLOCK price wicked below the $0.0010 level to $0.00064 but we noted it closed the daily candle above it, suggesting it had found support there. …
Continue reading “LBLOCK Bounces 300% – Retest of all time high next?”
Informal Systems, a development company building on Cosmos, published the first preview of the newest shared security model to be added to the Cosmos ecosystem. Aside from providing security to Cosmos blockchains, this model will also make the process of launching a blockchain much easier and more accessible. We dive deeper into the model Informal …
Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list of sports teams it has sponsored since May 2021. Tezos’ Investment in Sports The most successful football club in the English …
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard fork.” ‘Blob-Carrying Transactions’ The price of ethereum (ETH) has moved northbound during the last two weeks, climbing more …
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic …
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press release PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive usage of trading instruments, including the use of leverage, has resulted …
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Reem Al Faisal, the photography-loving Saudi Arabian princess, recently announced the launch of her first Saudi non-fungible token (NFT) collection on Opensea and an art gallery in the metaverse. Photography Career Saudi princess Reem Al Faisal has launched her first NFT collection, called “Mekkah and Madinah,” on the Opensea marketplace, as well as an art …
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The Shiba Inu community is working to reduce the massive supply of the meme coin. Over the past months, the SHIB community has been burning tokens, but the supply is still on trillions of coins. Shiba Inu posted a tweet sharing data from Etherscan. The data showed that during the past 24 hours, around 19 …
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Cryptocurrencies are trending in Canada, as per a recent report released by CoinGecko. However, unlike the trend in other countries, Canadian investors have shown less interest in meme coins. The CoinGecko report assessed the behaviour of Canadian crypto investors between January 29, 2021, to February 4, 2022. Top 10 trending coins in Canada The CoinGecko …
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The global crypto regulatory framework has significantly evolved, and this has largely been attributed to the increased rate of adoption. As one of the largest crypto economies globally, Venezuela has joined the trend by launching a tax on cryptocurrency investments. The Venezuelan government has passed a new tax that will impact cryptocurrency and foreign currency …
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Tether has given its official response to CoinDesk’s involvement in the ongoing case between the stablecoin issuer and the New York Attorney General. The news outlet joined the legal proceedings in January, requesting to be an official party of the case. Tether opposes CoinDesk’s involvement in the case In the latest filing, Tether said that …
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In an announcement on its website Hong Kong-based LBank exchange, with more than $1 billion in daily trading volume, says it will shortly be listing the Lucky Block token, LBLOCK. “LBank will list LBLOCK(Lucky Block) soon, please refer to subsequent announcements for details,” reads the post on the exchange website. The news follows the lottery …
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