Virtual asset service provider Nexo has launched a crypto-backed credit card service It allows users to spend money and make payments while leveraging their cryptocurrencies as collateral The feature is powered by a partnership with settlement giants Mastercard and DiPocket European users will be first to receive access to Nexo’s latest service before the feature …
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Celsius Network posted an update saying that new deposits would not receive interest. However, accredited investors would still receive interest on deposits. Other platforms like BlockFi and Nexo have also been affected by U.S. authorities’ actions. The crypto community is not pleased with the changes, saying that it hurts their investments. The United States Securities …
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Shib: The Metaverse has officially initiated its early access land bid event. The users will now be able to compete and place bids on Shib: The Metaverse land plots to avail a space in the shib virtual world. The Shiba Inu team took to Twitter to unveil the introductory phase of their Metaverse land sales …
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Working as a multinational video game and entertainment firm hailing from Japan, Sega is gearing up to take a strategic step involving NFTs within its new ‘Super Game’ initiative. Amid the growing craze for digitalization, Sega has planned to integrate support for cloud technology and Non-Fungible Tokens to enhance the potential of its highly-anticipated Super …
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Sensing the growing environmental concerns within the crypto and blockchain niche, the Polygon Network has committed to going carbon neutral in 2022 by emphasizing climate positivity. Thriving as a trusted software portal for developers using the Ethereum ecosystem, Polygon revealed its future plans by releasing its “Green Manifesto: A Smart Contract with Planet Earth.” To …
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Sailing in the same boat as its competitors, private equity and tech investment firm Silver Lake has led the funding round for the popular NFT platform Genesis with an aim to explore the Web3 space. The funding round helped Genesis to pool a whopping amount of $150 million for its ecosystem from the industry. With …
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Decentralized Finance (DeFi) is no longer a new concept. Even if you’re not a blockchain fan, you still would have heard of the word and its adaptability. DeFi has grown in popularity to the point that ordinary investors are playing a big role in the growth of the blockchain-powered DeFi universe. It’s what we’d call …
Continue reading “A Complete Guide of Liquidity Provider (LP) Tokens”
Crypto exchange giant Coinbase is announcing dozens of digital assets that it will potentially list during the second quarter of 2022. From the 1st of April to the 30th of June, Coinbase says it is considering listing 45 Ethereum (ETH)-based tokens and five Solana (SOL)-based tokens. The crypto exchange says it is providing the information …
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Bridging assets could help solve issues like scalability, speed and high fees. Bridging means users can move their tokens between blockchain networks quickly and cost-effectively. The Polygon Bridge is used for cross-chain transactions between the Polygon (MATIC) and Ethereum (ETH) blockchains. It allows users to transfer ERC tokens and NFTs to the Polygon sidechain through smart …
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The town of Sorradino in Argentina’s Santa Fe Province could begin to mine crypto in a bid to raise the money needed for its rail infrastructure upgrade. Its mayor doesn’t see any risk in mining the digital currencies that can be sold immediately. As the local media reported on Sunday, the town of 6000 people …
Bitcoin (BTC) is keeping traders on the edge of their seats this week as support levels come close to breaking. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders line up targets below $40,000 Data from Cointelegraph Markets Pro and TradingView shows that lines in the sand below $40,000 barely remain intact after multiple retests. The …
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On Monday, April 11, Ethereum developers conducted the first Proof-of-Stake test on the Ethereum blockchain. This deployment was named “mainnet shadow fork” by Ethereum developer Marius van der Wijden. The shadow fork enables the team to examine hypothetical testnet and mainnet blockchain scenarios. Simply put, a shadow fork is a duplicate of the mainnet that …
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The majority of financial advisors in the U.S. are interested in investing in crypto assets or advising clients to do so, according to a recent study by Nasdaq. A breakdown of the responses made by advisors shows that crypto has become one of the leading investment options. Financial advisors want a crypto spot ETF The …
Meta, the company formerly known as Facebook, is now launching a pilot project that will let users in Horizon Worlds, its VR metaverse platform, monetize their creations. This pilot will allow a number of users to collect payments for access to their created environments, or for virtual items sold in these worlds. Meta will also …
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The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as the government prepares to regulate the Russian crypto space. Central Bank of Russia Issues Warnings …
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