Ardana partners with Near protocol on Cardano bridge infrastructure

Ardana, Cardano’s growing stablecoin hub, announced a strategic partnership with Near protocol on Nov. 23. The partnership allows for asset transfer between the two protocols in which Ardana will provide the bridging infrastructure. Ardana is a decentralized stablecoin hub built on the Cardano network. While Ardana (DANA) is its governance token, it will use dUSD …

This Red-Hot Altcoin Could Become the Biggest Crypto Exchange Token, According to Coin Bureau

The host of YouTube channel Coin Bureau is predicting that the native coin of a digital asset marketplace could become the biggest crypto exchange token. In a new video, the analyst known as Guy tells his 1.65 million subscribers that Crypto.com’s brand recognition is already giving its coin, CRO, an edge over other exchange tokens …

ALFPROTOCOL: A Solana Based Leveraged Yield Farming

One Of The Many Case Uses Of Solana’s Alfprotocol Alfprotocol is created to cater to traders with different appetites for risk aversion. In essence, it provides leveraged and non-leveraged products that would suit both new and experienced traders in a decentralized ecosystem that is powered by Solana, a robust blockchain suitable to handle the core …

UK Finance Watchdog Recruiting Crypto Experts To Circumvent Money Laundering and Terrorism: Report

A financial regulator in the United Kingdom is looking for crypto experts to assist in identifying illegal activities. The Financial Conduct Authority (FCA) recently published a tender notice seeking consultants to access a blockchain analytics platform to help counter money laundering and terrorism.   “Under these regulations in scope crypto-asset firms are required to establish …

Record, Recreate and Resonate: Welcoming Social Platforms into the Blockchain World

Social media continues to transform the world of communications and marketing. Platforms within the space currently enjoy some of the greatest popularity they have ever seen. October 2021 research from Global WebIndex reveals about 57.6% of the globe’s population uses social media, spending about 2 hours and 27 minutes on platforms each day. Usage spans …

Bitcoin hits new all-time high in Turkey as fiat currency lira goes into freefall

Bitcoin (BTC) has frustrated investors with its recent price correction, but in one country, BTC hodlers have never been more relieved. Market data from TradingView on Nov. 23 confirmed that Bitcoin has hit new all-time highs against the Turkish lira. Bitcoin passes 700,000 lira Turkey is unofficially battling a currency crisis as President Recep Tayyip …

Binance CEO counters Elon Musk for bringing up Dogecoin issues

Twitter has become an arena for another cryptocurrency-related battle due to Binance experiencing ongoing issues with Dogecoin (DOGE) withdrawals. Tesla CEO Elon Musk, one of the world’s biggest Dogecoin fans, took to Twitter on Tuesday to bring up issues related to DOGE withdrawals on Binance. Tagging Binance CEO Changpeng Zhao, Musk wrote: “What’s going on …

Bitcoin exchanges see large deposits despite BTC reserves hitting 3-year lows

Bitcoin (BTC) whales are moving large amounts of coins to exchanges in tandem with large outflows, curious new data shows.  According to the exchange whale ratio indicator from on-chain analytics firm CryptoQuant, large transactions have accounted for over 90% of recent exchange deposits. Top 10 deposits make up 90% of exchange inflows In a marked …

Telos launches its very own EVM and combat Front Running in Crypto Market

When the news of Ethereum 2.0 broke out, many people were beyond excited. The issue of transaction scalability and sustainability was going to be fixed. However, even Ethereum 2.0 left an essential problem out that crypto investors are still facing, an important problem known as FRONT RUNNING.  This problem resulted in the loss of thousands …

Twitter, Discord to support Solana NFT gallery ‘embed’ with Audius Web 3.0

California-based music streaming platform Audius released a new function that allows artists and fans to embed nonfungible tokens (NFT) on various blogs and social media platforms such as Twitter and Discord. The “embedded” functionality aims to improve fan engagement for musicians through NFT adoption and Web 3.0 integrations. To enable the feature, artists need to …

Valued at $9B, Pokemon Go creator to build metaverse with fresh funding

Niantic, the developer of the popular augmented reality (AR) mobile game Pokemon Go, is planning to build a “real-world” metaverse with newly raised funding. The company officially announced Monday the completion of a $300-million raise from the technology-focused investment manager Coatue, bringing the company’s valuation to $9 billion. Coatue is known as a major investor …

IMF Report On El Salvador Is Positive… Except For Everything Bitcoin-Related

In a recent report, the IMF praises the way El Salvador handled the COVID-19 situation and announces that their economy grew 10% in 2021. The International Monetary Fund also recognizes El Salvador’s government efforts to reduce crime, “diversify the energy matrix, foster economic diversification, and enhance financial inclusion.” However, when it comes to Bitcoin, the …

Binance reportedly wants global wealth funds to get a stake in exchange

Binance, the world’s largest cryptocurrency exchange, is reportedly in talks with sovereign global wealth funds to sell them a stake in the company. In addition to planned “mega funding” for its United States-based business, Binance.US, Binance is now also seeking global funding to improve relationships with regulators, Binance CEO Changpeng Zhao said in a Tuesday …

Twitter, Discord to support Solana NFT gallery ‘embed’ with Audius Web 3.0

California-based music streaming platform Audius released a new function that allows artists and fans to embed nonfungible tokens (NFT) on various blogs and social media platforms such as Twitter and Discord. The “embedded” functionality aims to improve fan engagement for musicians through NFT adoption and Web 3.0 integrations. To enable the feature, artists need to …

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