press release Bitcoin.com has added support for the smart contract platform Avalanche to its self-custodial web3 wallet. The addition of Avalanche to the multichain Bitcoin.com Wallet means the wallet’s millions of users are now able to buy, sell, send, receive, and manage $AVAX. Users will also be able to trade tokens on the Avalanche network, as well as interact directly with the hundreds of Decentralized Apps (DApps) hosted on the high-throughput Ethereum Virtual Machine (EVM)-compatible network, enabling use cases like borrowing and lending, prediction markets, and synthetic assets. “The potential…
Day: September 7, 2022
Crypto Lender Voyager to Auction Off Assets on Sept. 13
Insolvent crypto lender Voyager Digital will auction off the remainder of its assets on Sept. 13 as it moves through the Chapter 11 bankruptcy process, according to a Tuesday court filing. The auction will take place at the New York offices of Voyager’s investment bankers, Moelis & Company. Source
Vermont Regulators Didn’t Use the Word, but I Will: Celsius Was a Ponzi
The Vermont filing also explores the role of the CEL token in Celsius’ finances. “If Celsius’ net position in CEL is excluded, its liabilities exceed its assets in all of the Freeze Reports and Preliminary Balance Sheets provided to state regulators,” the filing claims, referencing reports beginning May 2021. Even more broadly, the filing claims that “excluding the Company’s net position in CEL, liabilities would have exceeded its assets since at least Feb. 28, 2019.” Source
NEAR Price Could Drop To $3 If This Bearish Pattern Continues
Since its launch in October 2020, the NEAR token has endured adversity. With the current market at one of its lowest point in history, NEAR could become a bit flaky. A number of analysts forecast an entirely bearish future for the token. The coin has oscillated near the $3.75 support line and even attempted to escape the bearish market. The coin attempted to break out of its more recent low of $4.16 with a rally to $4.51, according to data from Coingecko. This upswing is one of the most recent…
BEST 3 CRYPTO INVESTMENTS (BIG GAIN POTENTIAL)! Cathie Wood & Snoop Dogg Crypto Investment ADVICE!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ark Invest CEO Cathie Wood & Music Icon Snoop Dogg on Why They Are So BULLISH on Bitcoin, Ethereum, NFTs, Crypto, & Web3! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! What question should we ask Michael Saylor? 👇 Follow us on Twitter: Timestamps: 0:00 – Cathie Wood (Ark Invest) Investing in These 3 Crypto Verticals 0:45 – Cathie Wood is investing in Bitcoin 1:09 – Cathie Wood is investing in ethereum…
NFTs Can and Will Be So Much More
NFTs enable royalty payments to be enforced automatically (although some poor technical choices have created loopholes). Perhaps more importantly, artists can in principle dictate a set of future terms of sale of their works. An artist can decide, for instance, that she does not want her NFT ever sold for more than, say, $1,000. Or she might decide she wants to exert a right like France’s droit d’auteur, which allows artists some degree of ongoing control over their works after they’re sold. In some cases, they can even destroy them.…
The Degens' Sports Club
It’s like a sportier version of Wall Street Bets, plus bar and NFTs. And it’s showing how to build a vibrant community in Web3, says Jeff Wilser. Source
BCH, APE Fall to 2-Month Lows on Wednesday – Market Updates Bitcoin News
Bitcoin cash fell to a two-month low on Wednesday, as a red wave swept through cryptocurrency markets. The token dropped by over 10% during today’s session, hitting its lowest level since July. Apecoin saw a similar fate, plunging by over 10%. Bitcoin Cash (BCH) Bitcoin cash (BCH) dropped to a two-month low in today’s session, as prices plunged by over 10% earlier in the day. Following a low of $125.15 on Tuesday, BCH/USD slipped to a low of $111.37 during hump day. The decline sees bitcoin cash plunge below its…
Swan Bitcoin Moves Into TradFi With Platform for Financial Advisors
Swan has already onboarded five advisors to its product ahead of its release date. One of those advisors, Isaiah Douglass, partner at Vincere Wealth Management, told CoinDesk in an email that he believes institutional adoption is well on the way, and he hopes to help onboard his clients to the asset. Original
Why Prince Philip of Serbia is bullish on Bitcoin (not crypto)
Philip Karageorgevitch, Hereditary Prince of Serbia and Yugoslavia is a strong proponent of Bitcoin while he criticizes altcoins for being mere attempts to copy the original cryptocurrency. “People want to make fiat. They want to make money. And so they’re going to use Bitcoin’s technology, Bitcoin’s ideas and try to make them their own and try to ride that fad”, he said in an exclusive interview with Cointelegraph. Philip is convinced that Bitcoin is the only cryptocurrency that has the potential to fix one of the biggest problems affecting the…