Day: July 1, 2022

TON Foundation launches Ethereum Name Service-like domain names

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The Open Network (TON) Foundation is the latest cryptocurrency company to upgrade its ecosystem with Ethereum Name Service (ENS)-like domain names. The TON Foundation on Thursday announced the launch of TON DNS, a new service to allow users to assign human-readable names to crypto wallets, smart contracts and websites. Similar to other popular crypto-related domain names like “.eth” or “.crypto” the domain zone for TON DNS is “.ton” and will enable users to access decentralized applications in a simple way. With TON DNS, users will be able to use simple…

Why Brands Should Adopt a ‘Hybrid DAO’ Model

Bringing DAOs into the mainstream is complicated, especially in a nascent crypto environment where people are often more committed to making a buck than building sustainable companies. Consequently, many brands and companies aren’t in a position to fully decentralize their corporate structure, eliminate titles and put all decisions in the hands of a decentralized community of pseudonymous members. Source

El Salvador Buys 80 More Bitcoin as BTC Fell Below $19K — President Insists ‘Bitcoin Is the Future’ – Featured Bitcoin News

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El Salvador has doubled down on its bitcoin commitment despite a heavy sell-off in the crypto market. The country has bought 80 more bitcoins, according to Salvadoran President Nayib Bukele. El Salvador Bought the Bitcoin Dip The president of El Salvador, Nayib Bukele, announced Thursday that his country has bought 80 more bitcoins. At the time of writing, BTC is trading at $20,323. It fell to a low of $18,784 shortly before Bukele announced the purchase. The Salvadoran president said El Salvador bought bitcoin at $19,000 each. As the price…

What bear market? This token is quietly making new highs, up 300% against Bitcoin in 2022

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Unus Sed Leo (LEO) has not only survived the crypto market bloodbath in the first half of 2022, but has actually posted major gains, bucking the big crypto crash. LEO beats crypto kingpin Bitcoin LEO, a utility token used across the iFinex ecosystem, finished the first half of 2022 against Bitcoin at 32,793 satoshis, up almost 300%. The token also rallied 55% against the U.S. dollar in the same period, hitting $5.8 for the first time since February 2022. In contrast, Bitcoin (BTC) and Ether (ETH), the top two crypto…

How crypto winter could slow the challenge to Ethereum

Given Ethereum’s dominance coupled with the current crypto bear market, it remains questionable if L1s will flourish. This was recently highlighted in a Chainalsys blog post entitled “New layer 1 blockchains are expanding the DeFi ecosystem, but no ETH killers yet.” Ethan McMahon, an economist at Chainalysis, told Cointelegraph that Chainalysis published this report to raise awareness for the current L1 ecosystem: While Ethereum allowed decentralized finance (DeFi) to flourish in 2020, a number of layer-1 blockchains (L1s) have since been developed to address the challenges associated with the network.…

Self-custody is key during extreme market conditions: Here’s what experts say

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The ongoing crisis of cryptocurrency lending and the associated crypto market decline once again confirms the importance of self-custody or the “true ownership” of crypto by its holder, according to several industry experts. In June, the cryptocurrency market capitalization plummeted below the $1 trillion mark, with Bitcoin (BTC) nearing its worst monthly losses since 2011. It remains to be seen whether crypto lending would survive the current crypto winter. Still, several industry executives agree that investors can protect their assets forever by simply moving them to self-custodial or noncustodial wallets.…

How to Create a Cryptocurrency Website with WordPress and Elementor Full Tutorial

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Create your own Cryptocurrency website, in this Elementor tutorial you will learn how to build your own website for crypto investors, we will be using some widgets and of course WordPress, Elementor and Elementor PRO to achieve this. A free and full tutorial, you will also make your site responsive and mobile-friendly. Start now to build your professional Crypto Website. #ElementorTutorial #Wordpresstutorial #cryptocurrencywebsite Need more features for your crypto site? Check this: ✌ Chapters 0:00 – Preview / Final Result 0:41 –…