While lobbyists donโt want the government to track guns with a registry, the blockchains driving crypto act like one. This piece is part of CoinDeskโs Sin Week. Source
Day: August 31, 2022
Algorand (ALGO) Posts Double-Digit Price Drops In Last 30 Days
Algorand native token, ALGO, has dropped 17% since the start of this month and has now joined the group of cryptocurrencies whose prices have tumbled by double digits this month. Algorand sheds 91.30% from ATH of $3.28 ALGO price now trading at $0.2985 MFI at 17 reaches oversold zone Away by 91.30% from its record high of $3.28, ALGO is the 30th-ranked cryptocurrency with the greatest market capitalization.ย ALGO Price Loses 0.81% Of Value According to CoinMarketCap, ALGO price has dipped by 0.81% or trading at $0.2953 as of this…
XDC Trading Is Now Available on the Kinesis Exchange
August 31, 2022 โ London, United Kingdom Kinesis, the worldโs leading gold and silver based monetary system, has listed the XDC coin on the Kinesis Exchange. XDC will be tradeable against eight fiat pairs, including USD, GBP and EUR, alongside Kinesisโ native gold and silver based stable coins, KAU and KAG. Users can instantly trade their XDC against physical gold or silver on the exchange to start earning a yield on their assets through Kinesisโ array of yield products. XDC will be spendable on the Kinesis virtual card alongside the…
Ticketmaster Partners With Blockchain Firm Dapper Labs to Issue NFTs for Live Events
Ticketmaster previously partnered with Flow to mint 70,000 virtual commemorative ticket NFTs for Super Bowl LVI. Since then, Ticketmaster has minted more than five million NFTs on the Flow blockchain for its clients, including the Apollo Theater, Gavin DeGraw, The Black Crowes and Sebastian Maniscalco. Source
Will Crypto Sink Or Soar?
In this episode of NewsBTCโs all-new daily technical analysis videos, we are once again looking at the Bitcoin price monthly chart as well as the monthly chart on Ethereum, and major stock market indexes that have a high correlation with crypto. Take a look at the video below. VIDEO: Bitcoin Price Analysis (BTCUSD):ย August 31, 2022 There isnโt much to report on since yesterdayโs video, so all eyes remain on the pivotal monthly close in Bitcoin and other risk assets. As you learned in yesterdayโs video, the BTCUSD monthly is on…
EU Lawmakers Vote Down Green Crypto Mining Study
โThere is evidence that crypto-assets can cause significant harm on the climate and environment,โ said the amendment put forth by Urtasun, which called for โฌ800,000 ($803,000) of public money to be committed to developing a scientific way to measure the environmental impact of mining and identifying greener alternatives. Source CryptoGreenLawmakersMiningStudyVote CryptoX Portal
43,000 BTC! Is this a bullish setup for BITCOIN over the weekend? – Bitcoin Technical Analysis
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Will Ethereum 2.0 be vulnerable to censorship? Industry professional explains
The Ethereum network will be able to withstand censorship risks both in the short and long term, according to Ethereum community member and investor, Ryan Berckmans.ย The ban of Ethereum-based privacy tool ornado Cash by U.S. authorities earlier this month left many wondering whether Ethereum transactions could be also at risk of censorship, especially after Ethereumโs imminent transition to a proof-of-stake system. A widespread concern is that entities controlling a large chunk of staked Ether (ETH), such as Coinbase or Kraken, would start censoring transactions to comply with U.S. sanctions.…
Hereโs How Much Developers, Engineers, Founders and Others Get Paid
The venture capital firm surveyed 18 companies in which it is invested to get a sense of pay. Highlights include salaries well into the six-figure range for both technical and non-technical roles, including one high-flying engineer raking in $300,000 in base pay. Founders can also expect to receive a mid-single-digit percent allocation of tokens and, in rare instances, up to 10% of the total supply. Source
Crypto Financial-Services Firm Galaxy Digital Hires Andrew Lace for Its London Trading Division
The New York-based firm has been hiring aggressively, even as the crypto market slides in whatโs being called a crypto winter. Bitcoin, the largest cryptocurrency by market cap, has lost about 60% of its value this year and the total crypto market cap is around $980 billion, down from about $1.9 trillion at the start of the year. Source