Month: August 2022

Kucoin Token Struggles To Hold Key Support at $8, How Low Can It Go?

The price of Kucoin Token (KCS) has struggled to hold its key support against Tether (USDT) in recent times after showing a great recovery bounce as it cracks double-digit gains. Bitcoin (BTC) being rejected from a high of $25,200 to a region of $20,000 in the past few days has negatively affected the price of other altcoins, including Kucoin Token (KCS). (Data from Kucoin) Kucoin Token (KCS) Price Analysis On The Weekly Chartย  Weekly KCS Price Chart | Source: KCSUSDT On Tradingview.com From the chart, the price of KCS had…

Fintech Makes Moves Into the Auto and Home Repair Industries With FixxFi โ€“ Press release Bitcoin News

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press release PRESS RELEASE. Dublin, Ireland, 8/29/2022 โ€“ One of the arguments against cryptocurrencies has been, โ€œWhatโ€™s the point of having a currency if you canโ€™t use it?โ€ While many projects are trying to establish utility for their tokens outside the world of blockchain, not many companies use or accept them. That is about to change. Fabio, the co-founder of FixxFi, had a career in finance, trading currency and Forex before taking over his familyโ€™s successful auto-repair business in Torino. He quickly discovered that customers increasingly had difficulty paying for…

Mt. Gox creditors dismiss rumors of massive Bitcoin dump

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As rumors about an upcoming Bitcoin (BTC) dump float on Twitter, Mt. Gox creditors took to Twitter to say that these are all false, with one highlighting that the defunct exchangeโ€™s repayment system is still not live yet.ย  In a Twitter thread, Eric Wall introduced himself as a Mt. Gox creditor and confirmed that there would not be a 137,000 BTC dump, countering rumors floating around on social media. According to Wall, the exchange has not yet completed the infrastructure needed to commence the repayment. In addition, Wall also said…

OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days

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OpenSea, the world’s largest nonfungible token (NFT) marketplace, has witnessed a substantial drop in daily volumes as fears about a potential market bubble grow. OpenSea volume plummets to yearly lows Notably, the marketplace processed nearly $5 million worth of NFT transactions on Aug. 28 โ€” approximately 99% lower than its record high of $405.75 million on May 1, according to DappRadar. OpenSea users, volume, and transactions statistics. Source: DappRadar The massive declines in daily volumes coincided with equally drastic drops in OpenSea users and their transactions, suggesting that the value…

Formula One trademark filing paves the way for F1 NFTs

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Formula One could introduce nonfungible tokens (NFTs), digital collectibles and cryptocurrency payment support ahead of the inaugural Las Vegas Grand Prix in 2023. F1’s trademark department registered two new trademark filings with the United States Patent and Trademark Office on August 23. The filings outline the trademark and logo for the Las Vegas Strip Circuit and a wide-ranging list of goods and services that the event intends to offer during next yearโ€™s race. Of particular interest were specific mentions of NFT and cryptocurrency-related offerings as well as blockchain-powered transactional services.…

Ilies Larbiโ€™s Crypto Exchange Ouinex Seeks โ‚ฌ1M in Pre-ICO Round

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Ouinex, the cryptocurrency exchange launched by FX industry veteran Ilies Larbi, informed Finance Magnates that it is aiming to secure โ‚ฌ1 million in its pre-initial coin officer (pre-ICO) funding round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B…

Budget Cryptocurrency Mining Rig Build in 2021 ( Complete step by step procedure in Hindi)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿ› Budget Cryptocurrency mining Rig build๐Ÿ›  Blog about mining rig build with detail information with your questions and answers in Hindi & English Version www.miningrigbuild.blogspot.com ๐Ÿ’ก๐Ÿค”Missing points in the video:-๐Ÿค”๐Ÿ’ก * Internet speed dosen’t matter for mining, infact 2G speed it’s ok. * Do not turn on your computer other then mining rig when Bootable flash drive is inserted, first remove it and then turn on your computer, because your computer will start mining when bootable flash drive is inserted. Hive OS mining…

MAS doesnโ€™t trust retail crypto investments, mulling more regulations

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The managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, addressed the agencyโ€™s mixed signals on crypto in the public sphere at a seminar on Aug. 29. The public claimed that local regulators were spreading crypto-positive sentiments while simultaneously threatening more regulations. According to the new statement from Menon, the observation is not entirely wrong. He says the agency needs to do โ€œa better job explainingโ€ the situation. Overall, MAS is pro-digital assets, as directly stated by Menon, “yes to digital asset innovation, no to cryptocurrency speculation.” Regulators…

Ripple CEO comments on Crypto Leaks, denies funding law firm to target others

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Ripple CEO Brad Garlinghouse took to Twitter to deny recent explosive claims made by Crypto Leaks, an online publication focusing on corruption and fraud-related news in the crypto ecosystem. Crypto Leaks published a report on Friday containing a series of short videos from an unknown source. The report claimed thatย Ava Labs formed a secret pact with the law firm to use the American legal system โ€œgangster styleโ€ to โ€œattack and harm crypto organizations.” The same report also alleged that Ripple CEO Brad Garlinghouse funded a law firm to target competitor…