On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos and now users can transact with bitcoin payments going forward. Belo Partners …
Yearly archives: 2022
Sega Might Drop NFT Experiments if Perceived by Gamers as a Money Grab
Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO Haruki Satomi stated that the company may drop its current experiments in the NFT …
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EverRise Launches EverSwap With a Native Coin Swap to Facilitate Cross-Chain Exchanges
press release PRESS RELEASE. EverRise launches their fifth decentralized application (dApp) today, EverSwap, a multi-chain decentralized exchange (DEX), with a Native Coin Swap feature powered by their cross-chain bridging dApp EverBridge. The Native Coin Swap (NCS) functionality lowers the barrier to entry for those interested in the multi-chain DeFi space by making the cross-chain experience …
Elrond Bets Big on Crypto Payments With Acquisition of Utrust
Elrond Foundation is betting big on Web3 payments in 2022 with the acquisition of leading crypto payments provider Utrust. Elrond, the creators of the low-coast 100,000 transactions per second (tps) blockchain, has announced the acquisition of Utrust, a leading cryptocurrency payment solution in the market. Elrond is making a bold bet on crypto payments gaining …
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5 Blockchain NFT Games to Invest In January 2022
The cryptocurrency market has weathered another disappointing day. At $2.06 trillion, its total cap has fallen by around 0.6% in the past 24 hours. Most major coins have fallen along with it, with ethereum (ETH) and solana (SOL) down by 1.7% and 4%, respectively. However, when looking to the time when the market recovers, there’s …
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Here’s What’s Next for Ethereum Rival Fantom (FTM), Polygon (MATIC) and Three Additional Altcoins: Analyst Michaël van de Poppe
A popular crypto strategist and trader is mapping out what’s next for Ethereum challenger Fantom (FTM), Polygon (MATIC) and three other altcoins. Michaël van de Poppe tells his 555,100 Twitter followers that Fantom, a highly scalable blockchain for enterprises, is currently trading at a key support level against Bitcoin (FTM/BTC). “Very simple, it’s seen a …
Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC
Bitcoin (BTC) broke through $42,000 on Jan. 11 as expectations of a fresh “short squeeze” mounted. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Short-term squeeze “reasonably likely” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from Monday’s dip to $39,600 — its first breach of the $40,000 mark since September. While short-term …
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FTC issues public warning about new crypto ATM scam
The FTC published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where the victims will be directed to send money. According to the FTC, fraudsters pretend to be public officials, law enforcement agents or employees of local …
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Axis Bank issues financial contract on state-backed blockchain platform
Indian financial services giant Axis Bank issued a financial contract between two domestic businesses by using a government-backed blockchain platform called Secured Logistics Document Exchange (SLDE). SLDE was developed and released on Jul. 28, 2021, by India’s Ministry of Commerce & Industry to serve as a digital document exchange platform that uses blockchain-based security protocols …
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Looking Forward to 2022’s DeFi Summer – Here Are Some Things To Consider
HodlX Guest Post Submit Your Post To say 2021 was a banner year for decentralized finance would be a notable understatement. Per DeFi Pulse, total value locked (TVL) in DeFi applications topped $107 billion by the end of November. This number is remarkable on its own but even more so with context – the current TVL …
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Animoca Brands’ Lympo NFT platform hacked for $18.7 million
Sports NFT minting platform and Animoca Brands subsidiary Lympo suffered from a hot wallet security breach and lost 165.2 million LMT tokens worth $18.7 million at the time of the hack. A short Medium update from the Lympo team stated that on Jan. 10 hackers managed to gain access to Lympo’s operational hot wallet and …
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World’s biggest podcaster Joe Rogan has a ‘lot of hope’ for crypto
Controversial comedian and commentator Joe Rogan said that he “has a lot of hope” for cryptocurrencies in a recent podcast interview. In the 1760th Jan. 8 episode of his podcast, “The Joe Rogan Experience,” Rogan discussed the future of crypto with fellow podcaster, Adam Curry. Rogan’s podcast has an estimated 11 million listeners per episode, …
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Moxie Marlinspike: Here’s what’s wrong with Web3
In a blog post published on Jan 07, Moxie Marlinspike, creator and maintainer of the Signal messaging app, expressed concerns about Web3 and in particular its claim to be a new and decentralized future alternative to the platform behemoths of Web 2.0. Marlinspike begins his post admitting he, despite considering himself a cryptographer, hasn’t found …
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Binance is embracing regulation as it eyes UAE for its next global hub
The world’s largest cryptocurrency exchange has had a turbulent year when it comes to regulation. With market authorities around the globe clamping down on Binance for its alleged failure to comply with local AML laws, the exchange has been on the lookout for new headquarters. Its CEO Changpeng Zhao, known as CZ in the crypto …
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German online bank N26 rushes to launch crypto trading in 2022
German online bank N26, revealed its plans to launch crypto trading service this year and add equities brokerage after that, reported Financial Times. The bank, which counts as one of the biggest European fintechs, with over $7.8 billion in valuation, made a shortsighted decision to focus on global expansion, at the cost of prioritizing new …
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