Day: January 6, 2022

Ethereum dominates among developers but competitors growing faster

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The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth. Ethereum competitors such as Polkadot, Solana, and Binance Smart Chain are growing faster in terms of development activity according to crypto research firm Electric Capital which released its findings on the blockchain development ecosystem in a new report on Jan. 6. It revealed that more than 4,000 monthly active open-source developers work on Ethereum — considerably more than the 680 who work on the Bitcoin network. Across all…

El Salvador Drafts 20 Bills for Legal Structure of Bitcoin Bonds — Funds to Be Used to Build Bitcoin City, Buy BTC – Regulation Bitcoin News

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El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin, the Salvadoran government explained. El Salvador Drafting Legal Framework for Bitcoin Bonds El Salvador’s finance minister, Alejandro Zelaya, said in an interview on local television Tuesday that his government will send about 20 bills to Congress concerning the country’s bitcoin bonds. The bills will cover financial markets and investment in securities to provide a legal foundation…

Rarible fixes bug, real home and virtual twin auction, Mega City in The Sandbox

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NFT marketplace Rarible temporarily cancelled orders from OpenSea and sent a series of tweets today outlining how it plans to help combat what it called “risky sale orders” on OpenSea with a new order management tool. The tool is designed to help users differentiate between their active and inactive orders to help prevent their NFTs from being mistakenly sold even if they cancel an OpenSea order by transferring the asset to another wallet. Part of Rarible’s business model is aggregating OpenSea orders on its platform. Since late Dec. 2021, OpenSea…

First Mover Asia: Bitcoin Falls Below $44K After Fed Minutes Release.

Good morning. Here’s what’s happening: Market moves: Bitcoin slipped to below $44,000 after Fed minutes release, altcoins followed. Technician’s take: BTC broke below $45K support intraday; short-term oversold indicators intact. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC) $43,423 -5.87% Ether (ETH) $3,528 -7.4% Markets S&P 500: 4,700 -1.94% DJIA: 36,407 -1.07% Nasdaq: 15.100 -3.34% Gold: $1,810 -0.19% Market Moves Bitcoin fell below $44,000, after a Federal Reserve official in the U.S. implied a high level of discomfort with…