Day: February 8, 2022

All-New COV-Denominated Accounts Now Live on PrimeXBT – Sponsored Bitcoin News

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sponsored Utility coins are a dime a dozen, but those that actually provide a plethora of benefits for holders are ultra-rare and worth paying closer attention to. The COV token is a utility token that unlocks a variety of account-level benefits already but continues to evolve in the available ways holders can utilize the asset. The latest update from Europe-based fintech developer Covesting has brought even more new features to the COV token through partner platform PrimeXBT: two new COV-denominated account types. COV Token Update Enables COV-Denominated Margin Trading And…

Japan-based messaging app will offer trial run of native token starting in March

Users of Japanese messaging giant LINE will soon be able to use the app’s native token for payments at select online merchants in a limited trial. In a Tuesday announcement, the LINE Corporation said that starting on March 16, users would have the option of paying with native LINK token (LN) — not to be confused with Chainlink (LINK) — at any of LINE Pay’s online merchants. The trial period, which will run until Dec. 26, is aimed at testing real-life use cases for the tokens in addition to increasing…

Cryptocurrencies Pullback Amid Exchange Hack

The last time the index rose from extreme lows was in July, which preceded a price rally. This time, however, the rise in BTC occurred on low trading volume, which indicates weak buying power. That could point to a short-term pullback or range-bound price action, especially as regulatory and macroeconomic headwinds remain. Source

‘China’s crypto ban had little impact on Neo,’ says organization’s developers

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Once hailed as the “Ethereum of China,” Neo’s token price has fallen on hard times ever since the world’s most populous nation introduced a series of acute bans on cryptocurrency operations last year. In an exclusive interview with Cointelegraph, Neo’s developers — who wished to remain anonymous — explained that partners run most projects sponsored by Neo Global Development, or NGD, from a wide range of countries outside China t serve users all over the world. In addition, Neo continues to expand inside China. It is currently one of seven open…

How to Earn Bitcoin Without Investment (5 Realistic Ways)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Do you want to know how to earn Bitcoin without investment? Here are 5 legit and realistic methods. Links to options mentioned in the video: Get a Bitcoin wallet on Binance: Get a Bitcoin wallet on Coinbase: Get Honeygain joining bonus: More about Timebucks: More about Reward XP: More about Cointiply: If you are interested in Bitcoin and have been looking for ways to earn Bitcoin for free – as in without any investment at all, then this video is for you.…

Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply – Altcoins Bitcoin News

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As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1 million own more than 80% of the entire supply. Tether’s Whales Command More Than 80% of the Supply The U.S. dollar-pegged stablecoin has grown exponentially during the last few years and according to today’s metrics there’s 77.9 billion tether (USDT) in circulation today. Tether is the most dominant stablecoin out of all the stablecoins in existence in terms of market…

Blockchain-based internet company 3air abandons Cardano for SKALE network

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Africa-focused blockchain internet company 3air has officially abandoned the Cardano blockchain in favor of SKALE, a network powered by Ethereum, after reporting a “massive talent shortage” for Haskell developers.  The skillset for Haskell, which is Cardano’s primary programming language, appears to be in short supply, according to 3air CEO Sandi Bitenc. After spending months actively recruiting for senior Haskell coders to build on Cardano, 3air was only able to obtain two entry-level part-time developers, said Bitenc. Although the company reached out to development agencies recommended by Cardano, 3air still wasn’t…

Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support

Hope for the possibility of another significant rally in the cryptocurrency market has returned, even though Bitcoin (BTC) rejected at $45,500. Currently, bulls are looking to shore up their defense at the $43,000 support level.  Data from Cointelegraph Markets Pro and TradingView shows that after making a run to a weekly high at $45,500 early on Tuesday, bears managed to drop the price of BTC to $42,900 during afternoon trading as investors realized profits and prepare to place bids around $38,000. BTC/USDT 1-day chart. Source: TradingView Here’s a look at what…

What We Know About the Accused Bitfinex Money Launderers

Occasionally, Lichtenstein took to Twitter to warn people about the threat of hacks. After a post by one Twitter user saying, “when you buy an ape on opensea it should pop up a big red warning sign that says never give your seed phrase to anyone, especially m*tamask support,” Lichtenstein chimed in with approval, saying, “There really should be a mandatory security tutorial with a test at the end for many crypto assets.” Source

CoinList Aims to Reduce Miners’ Capital Costs With Low Collateral Filecoin Loans

The company aims to help new miners lower their upfront cost by providing a FIL borrowing facility that requires collateral of as little as 10% of the total loan value. “By allowing for lower collateral, storage providers can allocate their funding to store [f]ilecoin+ deals, hardware and operations, rather than FIL or other forms of collateral, allowing them to scale their operations exponentially,” CoinList said in a statement. Source