Day: June 9, 2022

Top Crypto Exchange Coinbase Extends Altcoin Listing Spree, Supporting Two Ethereum-Based Altcoins

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A pair of altcoins decentralized finance (DeFi) altcoins are joining top US crypto exchange Coinbase’s roster of assets. In an announcement, Coinbase says Index Cooperative (INDEX) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met. Coinbase will add support for Wrapped Ampleforth (WAMPL) and Index Cooperative (INDEX) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. pic.twitter.com/HmHdINAGIg — Coinbase Assets (@CoinbaseAssets) June 8, 2022 Index Cooperative seeks to create user-friendly and profitable…

Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea – Bitcoin News

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Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and Innovative Startups in South Korea Proponents behind the smart contract protocol Solana plan to expand into South Korea by offering a Web3 fund worth $100 million to startups and developers creating Web3 projects. Solana Labs’…

Why This Hacker Sent 1M Optimism Tokens To Vitalik Buterin

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The inventor of Ethereum Vitalik Buterin was the unintended recipient of 1 million OP tokens from this network’s scalability solution Optimism. The team behind this project addressed concerns about a potential exploit related to the launch of their governance token. Related Reading | TA: Bitcoin Stuck In Key Range, Why A Major Breakout Is Possible As clarified by Optimism, they entered a deal with liquidity provider Wintermute to “facilitate a smoother experience for users” looking to buy OP and participate in the project’s governance model. As part of the agreement, Optimism…

Crypto privacy is in greater jeopardy than ever before — here’s why

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Despite the latest technology, the world has yet to crack the code for privacy and security online. But that isn’t the only big problem we need to worry about. Hackers and robbers are tricking innocent users into giving up their private information as society becomes increasingly digital — and virtual currencies have a role in all of this. Cryptocurrencies smashed records in 2022, with the market topping $2 trillion for the first time ever. And while this has been greeted with excitement by current investors, it’s made others more wary.…

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Jack Dorsey and Jay-Z collaborate on Bitcoin Brooklyn educational program

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Legendary New York hip-hop artist and producer, Jay-Z has joined forces with the founder of Cash App, Jack Dorsey, to launch “The Bitcoin Academy,” an educational program advocating for the democratic vision that “education is power.” Exclusively available for residents of the Marcy Project public housing complex in New York City, the scheme will commence June 22 and run until Sept. 7 with options for both in-person and online attendance. The free educational program is designed to enhance access to financial information and promote inclusive opportunities. Taught by educators Lamar…

Bitcoin Decline Sees Funding Rates Plunge To Three-Month Lows

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Bitcoin funding rates have taken a nosedive after massive sell-offs at the beginning of the week. Bitcoin had made a remarkable recovery coming out of a slow weekend but these sell-offs would quickly wipe off all of the gains made, and with it, the funding rates came crashing down. It led to one of the most brutal crashes in funding rates in recent history. This has seen it touch one of its lowest points since February. Factors Behind Decline The bitcoin funding rates had plummeted due to the sell-offs that…

NFTICALLY Announces COMEARTH, the Leading E-Commerce Metaverse Ecosystem – Sponsored Bitcoin News

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sponsored NFTICALLY, a Web3 E-Commerce SaaS platform that powers over 9,000 NFT Marketplaces & Storefronts globally, announces the world’s first e-commerce Metaverse ecosystem – COMEARTH. COMEARTH will allow brands to own virtual land and open storefronts, experience centers, or any virtual real estate imaginable and beyond to serve consumers in the Metaverse. Backed by a plethora of marquee investors, including Polygon co-founders Sandeep Nailwal and Jaynti Kanani and Coinbase CPO Surojit Chatterjee, COMEARTH is a virtual planet spanning eight continents that aims to solve key issues in modern commerce including…

Chainlink brings Keepers and VRF to the Avalanche blockchain

Blockchain oracle platform Chainlink (LINK) launched two of its services, Chainlink Keepers and Chainlink Verifiable Random Function (VRF) and integrated them into the Avalanche Primary Network, a special subnet within the Avalanche (AVAX) platform. In the announcement sent to Cointelegraph on Thursday, the Chainlink team highlighted that the integration with Avalanche is done to support developers within the platform. Chainlink Keepers will enable developers to automate smart contract functions in a decentralized manner. On the other hand, Chainlink VRF will provide a random number generator (RNG) that can be used…