Day: April 1, 2021

Dogecoin Rallies After Elon Musk Commits “Literal Moon” to DOGE Bulls

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Dogecoin rallied on Thursday after Elon Musk committed that he would send the meme cryptocurrency to the moon — literally. The billionaire entrepreneur tweeted that SpaceX, a space technology company he owns, would take a “literal Dogecoin to the literal moon.” The cryptic message ignored to dwell into the hows and whys, but it was strong enough to send a bullish signal across the Dogecoin market. As a result, the DOGE/USD price exploded. As of 0800 UTC, the pair was trading at $0.071, up 33.94 percent from its intraday opening…

Blockchain Domain Names: RNS Solution from RSK

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Blockchain domain names make it easy for anyone to receive any form of cryptocurrencies, tokens, and even Non-Fungible Tokens, as most of the service provides are compliant with the ERC-721 standard that aids the minting of NFTs. The evolution of the cryptocurrency industry is taking a more subtle expression in the rollout of blockchain domains, in a bid to bring functionality to the decentralized web. Blockchain domains represent a domain asset that thrives on the technological uniqueness of a specialized form of decentralized ledger technology. Different blockchain networks are backing…

GOOGL Stock Up 1% in Pre-market, Google Accelerating Partial Reopening of Offices

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Google has seen its business model thrive in the past year despite the ongoing coronavirus crisis. Alphabet Inc (NASDAQ: GOOGL) stock has jumped approximately 1% during Thursday’s premarket to trade around $2,083.60 at the time of reporting according to MarketWatch. Alphabet’s subsidiary Google LLC, which is a major contributor to its stock, has set out new remote working guidelines that will see the majority of its employees back to office working conditions. According to an internal memo seen by CNBC, if employees want to work remotely after Sept. 1, for…

Making DeFi idiot-proof with Kava’s gamer CEO, Brian Kerr – Cointelegraph Magazine

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According to Kava Labs CEO Brian Kerr, the major reason that decentralized finance, or DeFi, has not yet hit the mainstream is that “93% of holders are never gonna touch their own keys.” Kava is a non-Ethereum-based DeFi platform that enables users to earn interest on the cryptocurrencies they hold. The investors Kerr hopes to reach are those who used an on-ramp like Coinbase or Binance to buy cryptocurrencies that are now sitting on the exchange. They are “worried about ‘fat-fingering’ and losing their funds in a transfer, or something…

Cinedigm integrates Theta blockchain tech into anime streaming channel

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Cinedigm, a major American content distribution company, is applying blockchain technology to one of its streaming channels. The company has partnered with decentralized video delivery network Theta Labs to integrate its peer-to-peer streaming technology and cryptocurrency rewards into its CONtv Anime channel airing a wide range of anime series and movies. CONtv Anime will feature micropayments in Theta Fuel (TFUEL), one of the two native tokens on the Theta blockchain. The token will be used as a reward for sharing video content utilizing excess bandwidth and computing resources as well…

Cryptocurrency Market Overview (EN) | 02.03.2021 by @cryptospa

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, dear YouTubers! Today I talked about the prospects for the cryptocurrency sub ecosystem of NFTs (Non – Fungible Tokens; digital art). Enjoy watching the very long video and, please, comment! — *A few words about me: Just to let you know: I’ve been working professionally as a currency analyst for the last 14 years, and as a cryptocurrency analyst for the last 3 years. — **Important! Keep in mind, that the thoughts expressed here are my own, and they should not…

DeFi Startup Element Finance Secures $4.4 Million in Funding Led by Andreessen Horowitz

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Element Finance has assured its protocol will be open, self-sustaining, and community-governed. The decentralized finance (DeFi) market received massive traction over the last year and startups in this ecosystem and popping up fast. On Wednesday, March 31st, DeFi startup Element Finance said that it is currently building a yield-maximizing marketplace for crypto interest rates. For this, Element Finance has secured $4.4 million in a funding round led by Andreessen Horowitz. Accompanying Horowitz other big investors also include Placeholder, SV Angel, A. Capital, Robot Ventures, and Scalar Capital. The Element Finance…

Occam.fi Ecosystem – The First Launchpad and Liquidity Solution for Cardano – Press release Bitcoin News

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press release PRESS RELEASE. OccamRazer is a decentralized fundraising vehicle, or launchpad, with a full suite of compliance and RegTech tools as well as feature-rich UX suitable to accommodate a vast variety of fundraising profiles, acting as the key that will unlock the Cardano ecosystems’ liquidity. As AMM-based vehicles for decentralized fundraising, such as IDOs, are known to be an ill fit due to extreme volatility, front-running, and inability to reflect the intricacies of the fundraising process, Occam.fi introduce a new family of protocols. Continuous and discrete in nature, these…

Eastern Caribbean Central Bank’s DCash digital currency goes live

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The Eastern Caribbean Central Bank, the main financial institution of the Eastern Caribbean Currency Union, has launched DCash. The ECCB announced the launch of its CBDC for the region via a media event held on Wednesday. DCash is the digital version of the Eastern Caribbean dollar — the official currency of the eight countries in the union. However, as announced during the launch, DCash is only available in four of the currency union’s member states: Grenada, St. Kitts and Nevis, Antigua and Barbuda, and Saint Lucia. Wednesday’s launch marked a culmination of the…

Ford (F) Shares Plunged 1.69% as Semiconductor Shortage Set to Impact Production

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Besides Ford, the global semiconductor shortage has also prompted Chinese automaker Nio to announce a similar halt in its car production for 5 days.  The current global semiconductor shortage is set to cause a reduction in the production activities of American multinational automaker Ford Motor Company (NYSE: F). With the car production industry buckling under the weight of the menacing shortage, the Dearborn, Michigan-based auto giant will be closing cutting down production in 6 of its plants in North America according to a CNBC report. The cut in production activities…