How Blockchain Is Creating 5 Fintech Disruption Opportunities

Considering how technological advancements have proved to be revolutionary for a wide range of industries, blockchain is one of the most innovative and useful technologies that is crucial in accelerating cryptocurrency acquisition. Today, fintech industries are amplifying blockchain utilization in numerous financial services. Financial infrastructures, traditional banks, and credit unions must utilize fintech innovations within existing service platforms, extensions in order to survive in the next five to ten years.  According to Deloitte’s 2020 Global Blockchain survey, up to 55% of executive leaders claimed that blockchain is included in the…

Lyft Stock Closes Up 8% as Ride-sharing Companies Recover Despite Declines in Tech Stocks

Lyft said that the company expects its recovery to continue into March, following its best week in terms of volume in late February. Stocks of ride-sharing companies like Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) are on the rise despite the recent declines in tech stocks. Lately, tech stocks have been under pressure due to rising yields. On the 3rd of March, ride-sharing companies like Lyft and Uber rallied and trading closed with gains. Lyft stock closed up more than 8% after the company said it was…

Grayscale Adds 174,000 LTC to Its Litecoin Holdings- Price of the Altcoin Unresponsive – Altcoins Bitcoin News

According to reports, Grayscale added 174,000 tokens to its litecoin holdings in the past month. This haul pushed its total holdings of the altcoin to 1.44 million. Following this acquisition, which represents 80% of all litecoin that were mined in the past month, the total value of Grayscale’s holdings of the altcoin is now just over $248 million. However, following the large acquisition by Grayscale Investments, LTC’s price movement appears to be unrelated to changing supply dynamics. For instance, Messari data shows that the altcoin only went above the $200…

BITCOIN MINING SOFTWARE APP 2021 REVIEW | MINE 0.015 BTC in 5 Minutes on Android phone

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Pastel Network Announces the Listing of PSL on Bitcoin.com Exchange – Press release Bitcoin News

press release PRESS RELEASE. Pastel Network, the first truly decentralized and scalable blockchain project designed specifically for rare digital art, has officially announced its pending listing on Bitcoin.com Exchange, scheduled for March 5th, 2021. Pastel Network is a blockchain for rare digital art (also known as “NFTs”) that is built on the secure, battle-tested codebases of the Bitcoin, Dash, and ZCash cryptocurrency projects. Pastel introduces several important innovations to the world of blockchain art, such as the decentralized storage of art image files natively in the network, as well as…

Crypto Valley’s top companies up 680% in value since mid-2020

A report compiled by a Swiss venture capital company has revealed that the value of the largest fifty firms operating in the country’s famed Crypto Valley has increased by 680% since July 2020. The Top 50 Report, from Zug’s Crypto Valley Venture Capital, or CV VC, found the valley’s 50 largest companies have increased in value from $37.5 billion in July 2020 to $254.9 billion as of February 2021. The report examined firms operating from the Swiss canton of Zug (AKA Crypto Valley) and found the number of blockchain firms…

Nvidia wins legal battle over $1B in sales of crypto mining hardware after 3 years

A three-year-old lawsuit accusing Nvidia of “misrepresenting $1 billion in sales” of crypto mining hardware during the 2017/2018 bull run came to a close on Mar. 2, with a California district court judge ruling in favor of the GPU manufacturer. The lawsuit alleged Nvidia misled investors by overstating demand from gamers as their primary sales audience. According to a summary of court documents by Law360, Judge Haywood Gilliam granted Nvidia’s request to dismiss the lawsuit on the basis that the plaintiff’s witnesses — former employees of Nvidia — were unable…

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A Step-by-Step Guide to Creating and Selling Non-Fungible Tokens Built With Bitcoin Cash – Technology Bitcoin News

In the summer of 2019, our newsdesk published a step-by-step guide on how to create a non-fungible token (NFT) asset by leveraging the Simple Ledger Protocol built on top of the Bitcoin Cash blockchain. The following guide is an updated walkthrough on the process of creating an NFT collectible using the blockchain network with artwork uploaded to the Inter-Planetary File System (IPFS). How to Create an SLP-Based Non-Fungible Token Using the Electron Cash Wallet Non-fungible token (NFT) assets have become all the rage in 2020 and into the new year.…