Day: April 25, 2022

PayPal’s Blockchain Chief on the Future of Crypto in Payments

To enable the wide adoption of crypto payments, the goal is to create a user experience that feels similar to the solutions they know today but is augmented to deploy the unique advantages that blockchains offer in terms of speed, cost, security, privacy, programmability, and resilience. Delivering such an experience requires progress on several areas involving the combined efforts of developers, designers, policymakers and regulators, and payment providers. Source link

The History of Cash-Like Digital Payment Instruments

Some argue that online settlements are necessary to avoid double spending. A 2021 memo from Riksbank, Sweden’s central bank, made that assertion with little substantiation, except to say that 100% tamper-proof devices don’t exist. However, even if that were true, software countermeasures can limit the impact of a hardware hack, like holding and transaction limits and mutual authentication requirements. That’s the approach that WhisperCash has taken. Plus, BitMint has patented a hardware wallet with quantum-grade security that will erase all of the currency stored in it upon any tampering attempts..…

Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021 – Featured Bitcoin News

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Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on Crypto Gains Worldwide Blockchain analysis firm Chainalysis published a blog post last week titled “2021 Cryptocurrency Gains by Country: Ethereum Leads as Gains Skyrocket Around the World.” The firm explained that its estimates are based on a combination of web traffic data and its transaction data, including “on-chain, macro-level flows of all crypto assets” it tracks. Noting that “2021…

Urban Change, the First-of-Its-kind Blockchain Protocol for Urban Coins, Announces Its Dual-coin Model To Drive Economic and Social Prosperity

Urban Change Protocol is the world’s first decentralized blockchain protocol that enables any urban community to have their own urban coins created to drive economic and social prosperity. $5.5 million has been raised towards the development of the Urban Change Protocol in a recent investment round backed by Aleph, Node.Capital, DCG, Borderless, Algorand Foundation, Alumni Ventures and Benson Oak. The protocol promotes civic engagement and empowers city leaders to incentivize residents to act in a way that benefits their community: shopping locally, supporting minority- or women-owned businesses, and making sustainable…

GPUs Get Cheaper as Ethereum’s Switch to PoS Gets Closer

GPU miners “are not really investing in new equipment at the moment, since prices have been high for a while,” and “most of them are likely waiting for when Ethereum moves to PoS, to buy up the second-hand GPUs” from those who will give up when the shift happens, Joe Dowie, chief marketing officer at hashpower broker Nicehash, told CoinDesk. Source

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Bitcoin (BTC) Dips Below $40,000 Over Ukraine And Possibility Of Fed Rate Hike

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The price of Bitcoin plummeted below $40,000 on Monday, while other cryptocurrencies saw losses, according to Coingecko data. BTC is trading extremely close to two long-term support levels but has not yet demonstrated any bullish reversal indicators. This comes as investors remain wary of the situation in Ukraine and the possibility of a US central bank rate increase. The global cryptocurrency market cap is $1.80 trillion, down 2.04 percent from the previous day. The overall crypto market volume over the last 24 hours has increased by 20.13 percent to $65.06…

Mars4 Metaverse Launches A Rewarding Affiliate Program

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Crypto enthusiasts all over the world are looking for ways to increase their earnings. One of the best ways to monetize your passion for the crypto world is to promote blockchain projects via affiliate programs. The play-to-earn NFT game Mars4 is introducing an affiliate program to anyone interested in promoting Mars4 to earn a generous commission starting from $60 per sale. With full support from the Mars4 team, earning has never been this easy! What is affiliate marketing? Affiliate marketing is a marketing strategy where 3rd party affiliates promote products…