▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What is blockchain? In this video, you will understand what blockchain is and how the technology works. Blockchains are a series of transactions that are grouped into blocks. These Blocks are presently linked together through encryption, which stores the data securely and prevents someone from changing the history. A significant advantage is that no single person or entity owns a public blockchain. Because it’s public, this distributed ledger forms an international network that enables people to record transactions to the database for…
Day: September 22, 2021
CEO Fascinated by DOGE Poll Results – News Bitcoin News
AMC Theatres chain is exploring how to accept dogecoin alongside four other cryptocurrencies. AMC’s CEO conducted a poll on Twitter and was overwhelmed by the results and enthusiasm of the dogecoin community. “It’s clear that you think AMC should accept dogecoin. Now we need to figure out how to do that,” he said. AMC Considers Adding Dogecoin to List of Accepted Cryptocurrencies Following the announcement that AMC Entertainment Holdings Inc. will accept bitcoin, bitcoin cash, litecoin, and ether for payments, CEO Adam Aron set up a poll on Twitter to…
Here’s why Avalanche, OriginTrail and Coti hardly budged as Bitcoin fell to $40K
Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the low-$40,000 range and pulled the majority of altcoins down with it. Despite this sharp downturn, a handful of tokens seemed to do much better than the rest of the market by posting weekly gains in their BTC and U.S. dollar-denominated pairs. Some traders looking to rack up their Bitcoin holdings cannot be bothered to follow an…
Pussy Riot, Ex-Bloomberg Reporter Join ‘Seed Club’ Crypto Accelerator — CoinDesk
Also in the cohort is the reporter Matt Leising, who recently left Bloomberg after a 17-year tenure. His project, Tinsel DAO, will hunt for “crypto-based” intellectual property to turn into movies and TV shows. On Twitter, Leising said the venture is part of a new company called Decential Media. Source
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Ripple is helping Bhutan pilot a CBDC
The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom. In a Wednesday announcement, Ripple Labs said Bhutan’s central bank would be taking advantage of the company’s private ledger to issue and manage a digital ngultrum. According to Ripple, the move was motivated by the Royal Monetary Authority’s, or RMA’s, effort to improve cross-border payments, expand financial inclusion for its residents, and “extend its commitment to sustainability as the only carbon-negative country in the world.” With a population of…
NFT project partners with Afghanistan organization to help women get access to education
Non-fungible token company Bookblocks.io has partnered with a New York-based organization to help women in Afghanistan have access to education amid the Taliban takeover. Bookblocks.io announced it would be releasing a non-fungible token, or NFT, on Oct. 5 with the proceeds given to Women for Afghan Women, an organization which helps provide women access to education and vocational training in both Afghanistan and the United States. The artwork, inspired by American author Louisa May Alcott, features half a woman’s face covered by a single butterfly wing with the quote “nothing…
Boba Network Launches as Ethereum’s Newest Layer 2 — CoinDesk
CryptoX – Cryptocurrency Analysis and News Portal “We have a feature called Hybrid Compute, which allows developers to build advanced algorithms that are too expensive to do on-chain,” Chiu said. Ethereum’s native programming language Solidity “is really constraining, he added. “A lot of DeFi developers have had to dumb down their algorithms.” Source The post Boba Network Launches as Ethereum’s Newest Layer 2 — CoinDesk appeared first on CryptoX. CryptoX Portal
Alchemy Pay Using Chainlink to Enable Trading on Decentralized Exchanges and Borrowing in DeFi Using ACH – Press release Bitcoin News
press release PRESS RELEASE. Singapore, September 22, 2021 – Alchemy Pay is now using Chainlink Price Feeds to enable users to buy crypto on decentralized exchanges (DEXs) and obtain loans in leading DeFi lending platforms directly from wallets using Alchemy Pay’s ERC-20 utility token, ACH. Chainlink Price Feeds help assure users that they are receiving fair market exchange rates when purchasing assets directly via their wallets on DEXs like Uniswap, Sushiswap, and ForTube using their ACH, as well as when collateralizing DeFi loans with ACH. “It is crucial to the…
Binance Australia To Shut Down Crypto Futures Trading Amid Regulatory Concerns
As the crypto industry continues to dominate, financial regulators fear criminals will turn to the industry for their illicit activities. This year 2021, has been hot for the crypto industry in terms of regulation. Many financial watchdogs in the USA and other countries pushed harder to regulate the sector. Some top exchanges, including Binance, saw a lot of pressure from several bodies, especially on many of their products. The reason was that many of these exchanges could serve as a means of money laundering given the anonymity of the transactions.…