Day: March 30, 2022

Leading NFT Marketplace Opensea to Add Solana Support in April โ€“ Bitcoin News

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The largest non-fungible token (NFT) marketplace Opensea has plans to add Solana support in April. The news follows an abundance of rumors that said the company would be adding Solana in the near future. Opensea Confirms Solana Support After a Myriad of Rumors and Speculation Opensea has confirmed it will be adding Solana (SOL) support in April, according to a teaser video the company tweeted out on March 29. Opensea is the largest NFT marketplace in terms of all-time sales with $23.5 billion sold to date. The $23.5 billion was…

Bitcoin Mining 2021: Is a USB Bitcoin Miner EVER worth the Money?

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Hello, friends! In this video, letโ€™s talk about bitcoin mining in 2021, and ask: is a USB miner ever worth the money? Are USB miners effective at all at mining bitcoin in 2021 and still profitable, or are they never worth the money at all? Letโ€™s take a look at this, and talk about btc mining profitability with USB bitcoin miners in 2021! What do you think? Let me know too! #BTC #bitcoinmining2021 #bitcoinmining This video reflects my opinion only; numbers and…

Ted Cruz introduces companion to Emmer’s bill to exclude Fed retail CBDC digital currency issue

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Texas Sen. Ted Cruz introduced companion legislation into the U.S. Senate on Wednesday for Minnesota Rep. Tom Emmerโ€™s bill prohibiting the Federal Reserve from issuing central bank digital currency, or CBDC, directly to individuals, Emmer announced. Emmer introduced the House bill Jan. 18. Fellow Republican Cruzโ€™ legislation could potentially speed up passage or rejection of the bill by allowing it to be considered in both chambers of Congress at the same time.ย  Emmer, co-chair of the Congressional Blockchain Caucus, motivated his bill by concern a retail CBDC that forced consumers…

Phoenix Suburb Now Takes Bitcoin for Utility Bills

Chandler, a Phoenix suburb, on Wednesday said that residents can pay in bitcoin, ether and litecoin (LTC) held in their PayPal (PYPL) accounts. But the city wonโ€™t ever touch those coins; its utility payments processor Invoice Cloud will sell it all for fiat, a press release said. Source

Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia โ€“ Bitcoin News

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Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with the limits set by current regulators. Colombian Nequi to Enter Crypto Market More and more neobanks are considering including cryptocurrencies in their service offerings. This is the case with Nequi, a fintech platform that is reportedly considering making an entrance into the crypto sector…

DeFi sector TVL rises as investors return to a bullish crypto market

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The month of March has been a tale of two halves for the cryptocurrency market and the weakness seen since the start of the year has began to fade. Bitcoin’s (BTC) strong move above the $40,000 level is helping to lift sentiment across the sector, and DeFi tokens are also beginning to move upward.ย  Crypto Fear & Greed Index. Source: Alternative.me Data from cryptocurrency market intelligence firm Messari shows that a majority of the top tokens in the DeFi sector have posted double-digit gains over the past 30 days, led…

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Omnichain developer LayerZero Labs raises $135M

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On Wednesday, LayerZero Labs, a firm that develops protocol to enable omnichain decentralized applications, or dApps, to span multiple blockchains, announced that it raised $135 million in its latest funding round. The deal values LayerZero Labs at $1 billion and will accelerate the development of its namesake protocol. The round was led by notable venture groups and investors such as Sequoia Capital, FTX Ventures, Andreessen Horowitz, and with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and more. It aims to unite applications such as gaming, nonfungible tokens,…

Visa launches immersion program to help creators build their business with NFTs

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Visa announced the official launch of theย Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film who seek to accelerate their small business through nonfungible tokens, or NFTs. According to Visa, the goal of the Creator Program is to bring together a global cohort of digital creators and empower them via education of blockchain technology and NFT commerce.ย  Originally announced in October, 2021, the program’s first Visa Creator is Micah Johnson, creator of the Aku World NFT community.ย Johnson is a former…