Day: June 28, 2022

Cathie Wood – "They Are WORKING On Making Bitcoin ILLEGAL… " | Bitcoin News |Crypto Currencies ($)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cathie Wood – “They Are WORKING On Making Bitcoin ILLEGAL… ” | Bitcoin News | Crypto Currencies ($) Cathie Wood is an American entrepreneur and part of Ark Invest Foundations. She is one of the most well-known figures in the Bitcoin community, and in the news today. She knows everything there is to know about the current investment cycle, and investing wisely. If you like Cathie Wood’s perspective in this interview on all the Investment news today, please give it a thumbs…

Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy – Bitcoin News

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The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are still receiving weekly rewards, and reportedly the company’s management has been arguing with its lawyers over whether or not the business should file for Chapter 11 bankruptcy. However, most of the Celsius articles these days are quoting ‘people familiar with the matter,’ and ultimately these sources cannot be verified. Celsius Customer Says It Is…

Cryptocurrency Wallet App Development – An All-Inclusive Guide

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The first-ever decentralized cryptocurrency is Bitcoin which was launched in 2009 and with the passing years, there have been many cryptocurrencies emerged. As of February 2022, nearly 10,000 cryptocurrencies are in prevalence, according to Statista. The prominence of crypto has paved the way for newbies to take a plunge into the global crypto market, which will be worth USD 2302.5 million by 2028. Buying & selling cryptocurrencies have become so common and so the crypto wallet takes up its space, playing a significant part. Here’s the blog about cryptocurrency wallet…

Can Cardano’s July hard fork prevent ADA price from plunging 60%?

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Cardano (ADA) has started painting a bearish continuation pattern on its longer-timeframe charts, raising its likelihood of undergoing a major price crash by August. ADA price in danger of a 60% plunge Dubbed the “bear pennant,” the pattern forms when the price consolidates inside a range defined by a falling trendline resistance and rising trendline support after a strong move downside. Additionally, the consolidation moves accompany a decrease in trading volumes. Bear pennants typically resolve after the price breaks below their trendline support and, as a rule, could fall by…

What It Takes to Get a Job in Crypto

Youngblom supports Ong’s assertion. “I mean, even companies that six months ago, people might have thought were immune, like Coinbase, they’re experiencing massive layoffs. I don’t think it’s that controversial to say that crypto companies, or blockchain companies in general, are a little more exposed to the vicissitudes of the economy.” Source

Fetch.ai Announces DabbaFlow, A File Sharing and Data Management Platform

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Fetch.ai, the development team building an open-source, machine learning-powered network for smart infrastructure and customizable dApps, has launched DabbaFlow. In a press release, Fetch.ai said the ready-made and end-to-end encrypted file-sharing system is the first of its kind and would empower businesses and entities to take control of their data privately and securely. Notably, DabbaFlow leverages the benefits of the Fetch.ai blockchain to ensure privacy preservation of all sensitive data transmitted on its rails. All data piped through the product will be auditable and secure, a guarantee vital for maintaining…

Luxor Launches Hosting Marketplace for Bitcoin Miners Amid Build-Out Delays

“There have been widespread delays in infrastructure build outs due to supply chain constraints, operational complexity and power delays,” Lauren Lin, Luxor’s operations manager, told CryptoX. “These problems have led many investors such as family offices, hedge funds, and high-net worth individuals to look at hosting options with established miners to get up and running.” Source BitcoinBuildOutDelaysHostingLaunchesLuxorMarketplaceMiners CryptoX Portal

Must staking and liquidity pool lock-ups change to see crypto mass adoption?

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The recent downturn in the broader crypto landscape has highlighted several flaws inherent with proof-of-stake (PoS) networks and Web3 protocols. Mechanisms such as bonding/unbonding and lock-up periods were architecturally built into many PoS networks and liquidity pools with the intent of mitigating a total bank run and promoting decentralization. Yet, the inability to quickly withdraw funds has become a reason why many are losing money, including some of the most prominent crypto companies. At their most fundamental level, PoS networks like Polkadot, Solana and the ill-fated Terra rely on validators…

The Sandbox Partners With Time Magazine to Launch the “Time Square” on the Metaverse

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The popular blockchain gaming company, The Sandbox, has joined forces with TIMEpieces, the NFT arm of TIME Magazine. According to the announcement, the partnership’s goal is to reimagine Times Square, the iconic New York City landmark, as a virtual hub for commerce and art in the Metaverse. To consolidate this collaboration, TIME acquired land in The Sandbox. This newly acquired land will house the virtual TIME Square landmark and serve as the platform’s space for virtual experiences as TIMEPieces holders would be able to attend exclusive meetings on the land.…

SEC’s Gensler Reiterates Bitcoin Alone Is a Commodity. Is He Right?

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In Saylor’s world, the government’s stamp of approval is a stepping-stone towards bitcoin being embraced as a “treasury reserve asset” for “politicians, agencies, governments and institutions” the world over. Because bitcoin is capped at 21 million coins, and cannot be debased as it acts as a buoy against the “melting ice cube” that is an inflating fiat economy. Original