Month: March 2022

A New Anonymous Exchange to Leverage the Power of Crypto Trading – Press release Bitcoin News

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press release PRESS RELEASE. On 10 March 2022, bitoftrade, a new decentralized crypto exchange entered the market with a transparent, non-custodial solution that makes advanced trading tools accessible to any type of trader. bitoftrade allows users to get more from their crypto portfolio. The platform offers advanced trading tools such as leverage trading, limit orders and token swaps between over 900 tokens with optimized market prices directly from their wallets without registration or KYC verification. The last couple of years have seen fast-growing demand for crypto exchanges. During this time,…

Polygon’s focus on building L2 infrastructure outweighs MATIC’s 50% drop from ATH

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After a devastating 50% correction between Dec. 25 and Jan. 25, Polygon (MATIC) has been struggling to sustain the $1.40 support. While some argue this top-15 coin has merely adjusted after a 16,200% gain in 2021, others point to competing scaling solutions growth. MATIC token/USD at FTX. Source: TradingView Either way, MATIC remains 50.8% below its all-time high at an $11 billion market capitalization. Currently, the market cap of Terra (LUNA) stands at $37 billion, Solana (SOL) is above $26 billion and Avalanche (AVAX) is at a $19 billion market…

Ethereum’s ‘consensus layer’ contract hits 10M ETH staked

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Quantitative analysis conducted on popular blockchain site Etherscan indicates that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer) deposit contract since inception on Nov. 4 last year. This figure is equivalent to over $26 billion, based upon current Ethereum prices. Mathematical calculations suggest that the milestone was surpassed during block 14348729 in the evening of March 8, identified by mainstream cryptocurrency publications and community advocates in the last few hours. In late January of this year, the Ethereum Foundation published an alteration to the network’s…

US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans

The Labor Department said crypto presents “significant risks and challenges to participants’ retirement accounts, including significant risks of fraud, theft and loss.” It highlighted as reasons speculation and volatility, challenges to making informed investment choices, custodial and record keeping concerns, the lack of reliability of cryptocurrency valuations and an evolving regulatory environment. Source

China’s Digital Yuan Targeted in New Bill From 9 GOP Senators

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Axie Infinity accounted for nearly two-thirds of blockchain-game NFT transactions in 2021

According to a recent report curated by NonFungible, players of the monster-battle nonfungible tokens, or NFTs, game Axie Infinity transacted nearly $3.5 billion worth of NFTs in 2021. This accounts for almost two-thirds of all NFTs transacted in the entire blockchain gaming industry in 2021. In second and third place were sports highlights marketplace NBA Top Shot with $827 million and community gaming platform Loot with $242 million, respectively. Created by Vietnamese video game developer Sky Mavis in 2018, the game contains creatures called “Axies” that players collect and use…

How Blockchain is Disrupting the Construction Industry

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Head to to save 10% off your first purchase of a website or domain using code BELINDACARR Link to my Patreon page: We are seeing the emergence of a second digitization revolution that could be centered around the new blockchain technology. Chapters 0:00 Introduction 0:37 First revolution 1:16 Second revolution 1:34 What is blockchain? 3:13 Smart Contracts 3:50 Sponsor 4:27 Skilled Labor 4:57 Payments 5:36 Supply Chain Management 6:28 BIM 7:13 Drawbacks 9:13 Conclusion Blockchain is a digital ledger that stores information…

Russia overestimates its ability to bypass US sanctions using crypto

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Christopher Wray, the director of the Federal Bureau of Investigation, said that fiat was a more likely avenue for Russia to explore in circumventing sanctions, given the United States’ ability to block efforts using crypto. In a Thursday hearing of the Senate Select Committee on Intelligence, New Mexico Senator Martin Heinrich asked the FBI director if Russia might respond to the economic impact of the United States banning imports of the country’s oil and gas by using reserves of gold, China’s currency or cryptocurrency. Director Wray said the FBI and…

Warner Bros. to Launch Hybrid Physical and Digital DC Comics-Themed NFT Trading Cards – Bitcoin News

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The multinational mass media and entertainment conglomerate Warner Bros. has announced the firm is working with Cartamundi Group in order to launch DC Comics-themed hybrid trading cards. DC multiverse fans can leverage the Hro application in order to gain access to their favorite DC superheroes, supervillains, and other DC characters. Warner Bros. Reveals DC Comics-Themed NFT Collection — Digital Collectibles Issued via L2 Protocol Immutable X Warner Bros. has plans to release millions of DC Comics-themed physical cards designed by Cartamundi Group that are also tethered to redeemable non-fungible token…