December 16, 2021 – Tel Aviv, Israel The Orbs ecosystem continues to pursue growth opportunities across various blockchains and layer two scaling solutions. The project is accessible on five major layer one chains – Ethereum, Binance Smart Chain, Polygon, Solana and Avalanche. In addition, the project notes tremendous growth in the DeFi segments, thanks to 17 …
Continue reading “Orbs Expands to Harmony in Pursuit of Innovative DeFi Opportunities”
On Thursday, ConsenSys, a prominent developer of Ethereum (ETH) software, announced the launch of enterprise software ConsSys Rollups. The service, designed on the basis of zero-knowledge (ZK) proofs, is meant to protect specific transaction elements, such as account balances, sender and recipient wallet addresses, and transaction amounts to secure each user’s privacy. Zero-knowledge proofs enable …
On Thursday, BitDAO, one of the world’s largest decentralized autonomous organizations with over $2.5 billion assets under management, and its partner Mirana ventures announced the creation of EduDAO with eight of the world’s top universities including University of California Berkeley, MIT, Harvard and Oxford University. EduDAO is financed by the BitDAO treasury, and will allocate …
Peter McCormack, a well-regarded Bitcoin investor and advocate, has announced the purchase of local Englishfootball club Bedford FC, divulging ambitions in a fourteen-tweet thread to fuel the club’s prosperous aspirations through the leading cryptocurrency asset, Bitcoin. McCormack said he intends to architecture the club with “Bitcoin at its heart”, introducing everything from merchandise and sponsorship …
Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: the price of Bitcoin (BTC) climbed to $49,000 after news that the Federal Reserve would raise interest rates and …
Crypto hedge fund veteran Su Zhu is saying that Bitcoin (BTC) and Ethereum (ETH) are both good investments, but this does not guarantee that they will continue to dominate crypto. In a new episode of the Uncommon Core podcast, the CEO and CIO of cryptocurrency hedge fund Three Arrows Capital explains why he sees the …
US Senator Elizabeth Warren (D-MA) is issuing a warning against a cryptocurrency subsector that she says poses a grave danger to the economy. Senator Warren says in a U.S. Senate Banking, Housing, and Urban Affairs Committee hearing on stablecoins that decentralized finance (DeFi) poses the biggest risk to the economy as it is largely unregulated. …
Nexo, the crypto borrowing and exchange platform, has launched an NFT Lending Desk in partnership with NFT hedge fund Three Arrows Capital. The new lending desk caters to over-the-counter, or OTC, clients to offer crypto credit backed by NFTs. Nexo is one of the first crypto lenders to allow customers to borrow stablecoins, ETH, and …
Bitcoin (BTC) staged an impressive recovery after dropping to its three-month low of $42,333 on Dec. 4, rising to as high as $51,000 since. The BTC price retracement primarily surfaced due to increased buying activity among addresses that hold less than 1 BTC. In contrast, the Bitcoin wallets with balances between 1,000 BTC and 10,000 …
Continue reading “Fish food? Data shows retail investors are buying Bitcoin, whales are selling”
Bitcoin (BTC) could see a “massive bullish move” if a classic trigger from the 2021 bull run repeats this week. In a tweet on Dec. 16, on-chain analyst Matthew Hyland, known by the Twitter handle Parabolic Matt, drew attention to Bitcoin’s momentum indicator. Momentum indicator hints at potential “massive bullish move” While still under $50,000, …
Adidas Originals have announced the upcoming launch of their nonfungible token (NFT) collection titled Into the Metaverse. Although details on the supply are sparse at this time, it has been revealed that the digital asset will serve as an access token, promising holders’ exclusive access to future merchandise, physical and digital product and services, rewards …
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Coinbase is rolling out support for a crypto newcomer across its full suite of retail trading applications. The leading US-based crypto exchange says it’s adding Decentralized Social (DESO) to Coinbase.com, as well as the platform’s iOS and Android apps. Early this week, Coinbase added DESO to its professional trading platform, Coinbase Pro. The sudden support …
Continue reading “Coinbase Launching Retail Support for Altcoin That’s Surged 74% in Just Two Days”
Tether, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDT as an official currency. Myanmar’s NUG is a shadow government run by the supporters of Nobel Peace Prize winner Aung San Suu Kyi. As Cointelegraph reported on December 13, NUG announced Tether’s …
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When people think of nonfungible tokens (NFT), the most popular collectibles such as CryptoPunks, Bored Ape Yacht Club and Decentraland usually come to mind. Beeple’s digital artwork that sold for millions will most likely ring a bell, and most recently, gaming came together with the Metaverse to usher in an altcoin season. However, one particular …
Continue reading “Cointelegraph Consulting: Is NFT music an untapped opportunity?”
The government of Thailand is preparing a new regulatory framework for cryptocurrencies like Bitcoin (BTC) in order to minimize risks and improve investor protection. The Bank of Thailand (BoT) will release a consultation paper in January that will define “red lines” for the crypto industry, governor Sethaput Suthiwartnarueput said in a Dec. 14 interview with …
Continue reading “Thailand to define ‘red lines‘ for crypto in early 2022”
