Day: February 7, 2022

Major crypto firms and groups form coalition aimed at promoting ‘market integrity’

boss

Several cryptocurrency exchanges and advocacy groups across different countries have banded together to form a coalition intended to fight market manipulation. In a Monday announcement, market surveillance firm Solidus Labs and exchanges including Bitstamp, Coinbase, BitMEX and CrossTower said they would be launching the Crypto Market Integrity Coalition, or CMIC, asking all other companies involved in the crypto space to follow their example. According to the CMIC, members must pledge to encourage “a fair digital asset marketplace to combat market abuse and manipulation and promote public and regulatory confidence” in…

GALA gains 177% in February as P2E crypto gaming goes mainstream

boss

The play-to-earn (P2E) gaming sector of the cryptocurrency ecosystem has been one of the most resilient sectors to the volatility and price declines seen in the past couple of months as gamers are jumping on the ability to earn income while playing tokenized videogames. One project that has seen its token price climb rapidly in the first week of February is Gala (GALA), a protocol focused on utilizing blockchain technology to give players control of the games they play and in-game items they acquire. Data from Cointelegraph Markets Pro and…

SHIB Climbs 50% Higher, as Meme Coin Hits $16 Billion Market Cap – Market Updates Bitcoin News

boss

Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin’ rally has seen SHIB recapture a $16 billion market capitalization. Biggest gainers On Monday, bitcoin (BTC) and ethereum (ETH) both reached multi-week highs, with DOGE and XRP also trading over 10% higher, however, none of these came close to today’s big gainer. Shiba inu (SHIB) was today’s bull of the day, and was up by 48% as of writing, hitting an intraday high of $0.00003484…

GPU Mining Rig Buying Guide – All You Need To Know | The Basics

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, we guide you on buying your next mining rig and clarify what parts you need and what you should be looking for while the market is in its current state. This is your GPU Mining Rig Buying Guide. Giveaway ENDED – Subscribe for more! ⌚ Timestamps: 00:00 – Intro 00:27 – Overview 01:11 – What Is A GPU Mining Rig? 02:33 – Buying Strategy – Essentials 08:57 – Buying Strategy – Main Parts 13:31 – Mining Frame 14:15 –…

Hashstack Finance Launches Open Protocol On The Testnet To Solve One of DeFi Lending’s Key Issues

boss

The decentralized finance industry needs a severe shakeup where its current borrowing requirements are concerned. Forcing users to put up more collateral than they seek to borrow is not feasible in the long term. Hashstack solves this issue by bringing undercollateralized loans to decentralized finance. Unlocking The Full Potential of DeFi Lending The concept of decentralized lending and borrowing provides a necessary alternative financial approach. Millions of people have little or no access to traditional financial products and services. The underbanked and unbanked population will be the primary beneficiaries of…

Stop listening to celebrities for financial advice, says Binance Super Bowl campaign

From NFL players accepting their salaries in cryptocurrency and Tom Brady founding his own nonfungible token (NFT) marketplace to the NFL providing Super Bowl attendees with customized NFTs, the National Football League and the blockchain community seem to have embraced each other. As Super Bowl LVI approaches this Sunday, there is one thing fans can be sure to expect: crypto ads. One marketing campaign led by Binance, the largest global exchange by trading volume, warns fans about taking these anticipated crypto commercials to heart, and uses celebrities to make its point. …

Meet the Man Behind Associated Press’ Crypto Strategy

After we did that election experiment, a lot of colleagues – totally organically – who shared an interest in crypto got involved. It’s an ad hoc band of folks that wanted to understand what this was all about. Somehow in this global company, we all found each other. There’s still, like, no real official team. My bosses have said, “you’re the guy in charge,” but apart from a title, we don’t really have anything official. There’s me from the sales side, a couple people from customer service. Obviously, some of…

Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7

boss

Every global event or major political crisis these days can trigger a digital asset-related conversation. As China welcomes the world’s top athletes to the Beijing 2022 Winter Olympics, showing off ultra-high-tech facilities and sports infrastructure, some United States politicians have raised concerns over the Games’ potential to act as a booster to the digital yuan’s adoption. In neighboring Myanmar, the military government that had overthrown the nation’s elected leadership a year ago is now looking into launching its own digital currency, not to project economic influence but to improve the domestic…