Shopify Teams up with Strike to Offer BTC Payment Services for Merchants

Popular payment facilitator hailing from Chicago, Strike has locked a strategic pact with globally-acclaimed e-commerce firm Shopify. With this collaboration, Shopify is looking forward to expanding its operational capacities using Bitcoin as a potential payment asset for its users. The partnership will allow Shopify merchants to accept payments in BTC from buyers through the Bitcoin …

QLDB Vs Hyperledger: A Detailed Comparison

It’s 2022, and an increasing number of organizations are eager to incorporate blockchain into their operations in order to benefit from massive growth. Undoubtedly, blockchain has the potential to transform every sector present in today’s world. Let’s talk about the very popular Hyperledger blockchain that is enormously popular among enterprises from start-ups, small businesses, mid …

Ethereum-Powered DeFi Altcoin Explodes 47% in One Week, Outshining Bitcoin and Crypto Markets

The vast majority of crypto projects are in the red this week after a market-wide price dip on Tuesday and Wednesday, but one decentralized finance (DeFi) altcoin is bucking the trend. Frax Shares (FXS) is one of the two tokens employed by Frax Finance, a stablecoin system where cryptocurrency is partially stabilized algorithmically and partially …

Bitcoin trader eyes $38K dip as Cathie Wood confirms $1M BTC price target by 2030

Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin risks return to $38,000 support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating in a range bounded by $44,000 prior to Friday’s Wall Street …

Shopify Bitcoin payments integration triggers legal questions from the community

Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move.  Crypto researcher Matt Ahlborg believes that the event is a very significant development for BTC as it allows the offloading of BTC …

Kraken shuts down global headquarters as ‘San Francisco is not safe’

The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters.  Kraken CEO, Jesse Powell retweeted that Kraken will close its global headquarters on 548 Market Street, in the center of San Francisco. In the retweet shared by a San Francisco-based political commentator, Richie Greenberg, …

Russians collectively hold $130B in crypto, prime minister says

The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold more than 10 trillion rubles ($130 billion) in cryptocurrencies like Bitcoin (BTC), Russian prime minister Mikhail Mishustin claimed at the annual report presentation …

Honduras adopts Bitcoin as legal tender but there’s a catch

Honduran officials announced on April 8 that the country will now accept Bitcoin (BTC) as legal tender but only in the special economic zone called Honduras Prospera. As reported by CryptoSlate in late March, the Central American country of Honduras had signaled its intent to adopt Bitcoin as legal tender. At the time, President Xiomara Castro …

Celsius holds more Bitcoin than any other company

MicroStrategy lost its reign as the company with the largest bitcoin holdings after Celsius announced that it now holds over 150,000 BTC. The DeFi lending and borrowing platform made the announcement at the Bitcoin 2022 conference in Miami on April 7th, saying that Bitcoin was a key factor in Celsius’ mission to provide financial freedom. …

GameFi Tokenomics 101: Single-token blockchain games

As an emerging industry, GameFi requires participants to ask many questions about projects before investing. Chief among these are questions about tokenomic models.  Tokenomics refers to the structure of a project’s economics and value system. At its core, tokenomics governs the relationship between NFTs and tokens within the game. Footprint Analytics also provides dashboards for …

Was Netflix’s “Trust No One: The Hunt For The Crypto King” a propaganda play?

The saying, “there’s never a dull moment in crypto,” greatly embodies what went down at QuadrigaCX all those years ago. The circumstances surrounding the death of its founder Gerald Cotten rank highly as one of the greatest mysteries in the industry. To read the rest of this article, sign in or join CryptoSlate Edge. Get …

South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats

The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity Assistance to Major South Korean Crypto Exchanges South Korea’s National Intelligence Service (NIS) has started to …

Crypto Exchange Coinbase Launches in India — Quickly Runs Into Trouble With UPI Payment System

Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface (UPI) support. However, moments later, the National Payments Corporation of India (NPCI), which developed UPI, stated that no crypto exchange is using the UPI system. Coinbase Launches in India, Hit With UPI Problem The Nasdaq-listed cryptocurrency exchange …

Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve

Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems. LFG to Add $100 Million in Avalanche Backing to …

Armaldia: Play, Buy Your Own NFTs, Make a Profit

sponsored Facebook transformation to Meta a conceptual displacement towards Metaverse and Web 3.0, crypto and NFTs (non-fungible tokens) are perceived by the global community as a game changing leap forward with a huge potential. The estimated number of global crypto users is 106 million people in the world. 13% of Americans bought or traded crypto …

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