โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io In this video, I talk with Abhishek Bisht about blockchain development and how one can become a blockchain developer. He talks about Ethereum and Solana platforms and its applications. There are thousands of applications being created at this second on the blockchain and the field is attracting funding from tons of VCs. According to the average salary of a remote blockchain developer is over $100K/year. ๐ธ Instagram: Join MarkitUpX Discord Server: You can connect with Abhishek here: YouTube: Instagram: Twitter: Start Investing…
Month: March 2022
A Digital Dollar May Help the Poor, but Itโs Far From a Done Deal
A report earlier this month from the Brookings Institution written by Tim Massad, a former chairman of the Commodity Futures Trading Commission, and Howell Jackson, a Harvard Law School professor, said that instead of getting the Fed involved, โthe Treasury Department could, relatively quickly, create digital accounts to provide payment services that would be especially valuable to unbanked and underbanked individuals.โ Source
Eldridge, a16z Lead $620M Financing Round for Fintech Cross River Bank
โWhether itโs lending, transfers, payments and more, Cross River will offer its partners a regulatory compliant and approved framework to increase their crypto offerings and expand their reach โ the same way Cross River was able to support the growth of now category leaders within personal lending and BNPL, among others.โ said Lior Prosor, general partner and co-founder of Hanaco Ventures, in a statement. Source
UK financial watchdog extends registration deadline for some crypto firms
The Financial Conduct Authority, the United Kingdomโs financial regulator, has extended the temporary registration status of some firms offering crypto services beyond its March 31 deadline. In a Tuesday statement, the FCA said โa small number of firmsโ in the crypto space will continue to have temporary registration status in the U.K. โwhere it is strictly necessary.โ The financial regulator reiterated that temporarily exempting the crypto firms from its previously announced March 31 deadline โdoes not mean that the FCA has assessed them as fit and properโ but included situations…
Helium Becomes Nova Labs After Raising $200M in Fresh Capital
COO Frank Mong said the firm wanted to make a clear distinction between the parent company and the network itself. Source
Bitcoin sentiment hits ‘greed’ in 2022 first amid calls for $45K BTC price pullback
Bitcoin (BTC) sentiment is seeing its first significant test of the rally to year-to-date highs as bullish gains dry up. The start of Wall Street trading on March 30 failed to induce a fresh advance on BTC/USD, which threatened to lose support at $47,000. From “extreme fear” to “greed” in one week After gaining nearly 30% since March 14, Bitcoin has managed to cling to its yearly opening price as support, this previously marking the resistance ceiling of its trading range for throughout 2022. Now, however, hopes of a retracement…
ECB Official Calls for โLess Tolerantโ Approach to Bitcoin โGamblingโ
โIt would be ideal from a social viewpoint to intervene and have a less tolerant approach towards these activities,โ said Panetta, who is a member of the ECBโs executive board, to a meeting of the European Parliamentโs Economic Affairs Committee, saying that Bitcoin-type activities were โpure gambling, wasting enormous amounts of energy.โ Original
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Is Chinaโs apprehension to ban NFTs a hopeful sign for investors?
Itโs no secret that China has a clear disdain for all things crypto, as was highlighted last year when the country decided to ban its digital asset industry in its entirety. That said, one niche related to the crypto industry that has continued to thrive in the region despite the ban is its nonfungible token (NFT) market. However, with certain negative developments coming to the forefront recently, this may not be the case much longer. In this regard, many local social media platforms and internet firms have continued to update…
As Bitcoinโs Hashrate Remains Elevated, BTCโs Mining Difficulty Expected to Reach a Lifetime High โ Mining Bitcoin News
During the last month, Bitcoinโs hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the networkโs difficulty is expected to increase 4.24% within the next 13 hours. Bitcoinโs Difficulty Expected to Reach All-Time High Bitcoin miners caught two breaks during the last month when the difficulty dropped two times in a row. The first 1.49% drop occurred at block height 725,760 on…