Polkadot has a novel answer to the multi-chain problem analogous to coexistence between nation states within the international community. Each nation pursues its own destiny and vision for the future, yet these disparate cultures come together to form alliances, engage in trade and live in a world of diplomacy rather than warfare. This is the …
Category archives: Trending Crypto news
Bybit Launchpad Debuts With BIT Token Listing
September 17, 2021 – Singapore, Singapore Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT. Introducing Bybit Launchpad Bybit Launchpad is designed to help connect innovative crypto projects and users who may be …
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Crypto Asset That Surged More Than 8,600,000% This Year Now Listed on Coinbase
Coinbase is continuing its recent spree of listing new crypto assets by adding support for a popular Dogecoin (DOGE) copycat. The exchange’s newest addition is Shiba Inu (SHIB), a meme token that aims to be an Ethereum-based alternative to DOGE. ADVERTISEMENT The 47th-ranked asset by market cap was trading at $0.00000000008 on January 1st. …
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Solana chart ‘bull flag’ eyes $250 despite SOL price down 40% since last week
Solana (SOL) price extended its slide on Sept. 17 as a major network outage over the past week — pointing to heightened security risks — hit traders’ confidence. The SOL/USD exchange rate fell up to 13.27% to its intraday low of $133.53 in a corrective trend that began after it topped out near $221.38 on …
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Canadian politician says he supports Bitcoin as federal election looms
Maxime Bernier, founder and leader of the People’s Party of Canada, has said he supports the adoption of cryptocurrencies in the country. In a Tuesday tweet, Bernier said cryptocurrencies are “another new and innovative way” to counter the actions by central banks, which he claimed are “destroying our money and economy.” The Canadian politician has …
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Here’s how traders knew LUNA and RAY were on the verge of a bullish breakout
Online information flows have a tremendous influence on the prices of crypto assets. Just this week, investors witnessed how even fake news can sometimes make the market value of a token explode, even if for just an hour. Fortunately, the effects of legitimate news tends to last longer, but the trick for investors is to …
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Binance Looking for a Place To Officially Set Up Shop Amid Global Regulatory Backlash, Says CEO Changpeng Zhao
Binance is reportedly looking for a location to set up an official headquarters in order to address global regulatory concerns. The popular cryptocurrency trading platform is under scrutiny for potentially operating unlicensed services and engaging in regulated activities without formal approval. ADVERTISEMENT CEO Changpeng Zhao says Binance is shifting away from its decentralized structure …
Smashing crypto adoption barrier? Solana aims to do its own ‘thing’
There was a lot of talk at SALT Conference 2021 about Solana Labs, the supersonic racer of layer-one blockchain networks. Not surprisingly, much of that conversation centered on speed — or, in network parlance, transactions per second (TPS). If blockchain technology is ever to achieve mass adoption — 1 billion users, say — then it …
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PayPal completes crypto trading rollout for UK customers
PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts. Customers can trade four major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). As announced previously, crypto trading will only be available to PayPal customers with verified identities. PayPal …
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SushiSwap’s token launchpad, MISO, hacked for $3M
Joseph Delong, chief technology officer of decentralized finance (DeFi) platform SushiSwap, announced that a hacker compromised the supply chain of its token launchpad platform, MISO. According to Delong, the “anonymous contractor with the GH handle AristoK3 injected malicious code into the Miso front end,” replacing the auction wallet address with their own and subsequently acquiring 865 …
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Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action
Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says. In its latest market update on Friday, trading platform Decentrader revealed an unapologetically bullish mid-term BTC price forecast. Next stop $85,000 for BTC/USD Despite BTC/USD being kept below $50,000 this week, on-chain metrics …
Got Crypto? AMC Movie Theater Chain To Start Accepting These Three Altcoins by Year’s End
The CEO of AMC Entertainment Holdings Adam Aron says the movie theater chain will enable tickets to be purchased online using four cryptocurrencies by the end of this year. Aron tweeted that by the close of 2021, the movie chain will start accepting Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). ADVERTISEMENT AMC will …
NFT gaming company Animoca Brands acquires majority stake in Bondly
Animoca Brands, an NFT game developer has announced a substantial investment in the NFT platform Bondly. According to a release issued on Friday, Animoca will own a majority stake in Bondly following the investment. Commenting on the rationale behind its investment in Bondly, Animoca chairman and co-founder Yat Siu told Cointelegraph: “We acquired a majority …
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Bitcoin-based security token offering approved in Germany
German financial regulators have approved a security token offering (STO) based on a Bitcoin (BTC) sidechain. Germany’s Federal Financial Supervisory Authority (BaFin) has greenlighted the EXOeu token by game publisher Exordium, making local retail investors eligible to participate in the sale on Stokr, a major European digital marketplace. German investors can invest in EXOeu via Stokr …
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DCG-backed Korean exchange faces closure if it can’t find banking partner
South Korean crypto exchange Gopax, which is backed by Digital Currency Group, is facing potential closure ahead of the country’s fast-approaching deadline for platforms to submit their requests for an official operating license. To be eligible for a license, all crypto exchanges must show evidence that they are operating using real-name accounts at South Korean …
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