The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a decentralized finance protocol called Acumen, that will be able to provide funding in stablecoins. The aim being to help small investors that have no credit …
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A little-known, low-cap altcoin has sharply corrected after taking off on a mind-blowing 580% price spike this week in the wake of a surprise Coinbase Pro listing. On Wednesday, Coinbase Pro listed Shping Coin (SHPING), an Ethereum-based token that powers the Shping App. The listing launched the crypto asset on a staggering price surge that …
CNBC host Jim Cramer thinks investors need to “be careful” with Dogecoin (DOGE), even suggesting the meme coin is a security. In a new tweet, the Mad Money host warns his 1.7 million followers that the popular dog-themed coin may not be all fun and games. “Please be careful with Dogecoin…It is a security. It …
Project Shield is part of Binance’s ongoing efforts to protect users and provide access to secure projects. Binance, the world’s leading blockchain ecosystem, has introduced a new layer of user protection with the implementation of ‘Project Shield.’ BEP-20 and ERC-20 based projects listed on the Binance centralized exchange are audited in Project Shield. Fees for …
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week NFT-focused Animoca Brands valued at $5B following $358M raise NFT …
2021 was a sort of “coming-of-age” for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many. Protocols like Fantom (FTM), Avalanche (AVAX) and Cosmos …
Continue reading “3 possible reasons why Polkadot is playing second fiddle in the L1 race”
Bitcoin Price Prediction – January 22 The Bitcoin price prediction shows that BTC continues to drop as the cryptocurrency breaks beneath $36,000 and heads toward $34,000. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $44,000 Support Levels: $30,000, $28,000, $26,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is seen dropping …
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BTC Price In a Deeper Correction as Bitcoin Pauses above $34.6k – January 22, 2022 Bitcoin’s (BTC) price has continued its downtrend as Bitcoin pauses above $34.6k . The crypto has resumed a downtrend after two weeks of range-bound move between $40600 and $44,000 price levels. The bears succeeded as they broke the $41,000 and …
Bitcoin Price Prediction – January 22 The Bitcoin price prediction extends the bearish movement to the areas marginally below $35,000 after numerous trials to sustain gains above $36,000. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $44,000 Support Levels: $30,000, $28,000, $26,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD falls …
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Top crypto exchange Binance is reportedly maintaining weak know-your-customer (KYC) compliance standards despite warnings from senior figures at the company, according to Reuters. In a new special report, the news service breaks down the exchange’s alleged regulatory shiftiness, zeroing in Binance’s “weak” KYC checks, which are designed to prevent money laundering. The article, based on …
Decentralized finance, known as DeFi, is a new use of blockchain technology that is growing rapidly, with over $237 billion in value locked up in DeFi projects as of January 2022. Regulators are aware of this phenomenon and are beginning to act to regulate it. In this article, we briefly review the fundamentals and risks …
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Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Following a bearish decline for many of the leading decentralized finance (DeFi) tokens, it is within the fundamental news where the optimism for growth and prosperity lies. Read on to hear about the most impactful DeFi stories of the last seven days. What you’re reading …
Continue reading “Finance Redefined: Secret’s $400M fund, and 1inch expanding, Jan. 14–21”
Miners can burn virtual currency tokens using the proof-of-burn (PoB) consensus mechanism. Proof-of-burn is one of several consensus mechanisms blockchain networks use to verify that all participating nodes agree on the blockchain network’s genuine and legitimate state. A consensus mechanism is a collection of protocols that use several validators to agree on the validity of …
Continue reading “Buyback-and-burn: What does it mean in crypto?”
Several cryptocurrency startups are taking center stage this year. Here are the biggest names to watch in 2022. The Sandbox is a VR game that is gaining attention thanks to the “Metaverse’ trend. The game is perhaps most notable for its recent partnership with Adidas, which will see the sportswear company manage a space in …
Continue reading “The Top Ten Crypto Projects and Companies to Watch In 2022”
Onomy Protocol recently announced bridging to Polygon–expanding its list of cross-chain deployments. Onomy’s application-specific Layer 1 blockchain, which is built with Cosmos Tendermint, powers a hybrid DEX and Forex marketplace, a stablecoin minting system, and a non-custodial wallet. DeFi’s first DEX that combines AMM liquidity pools with an order book UI The integration will unlock …
