September 22, 2022

How to stake Fantom (FTM)?

September 22, 2022 boss

Fantom (FTM) is known for its speed and inexpensive layer-1 blockchain. Like other blockchains (for example, Solana (SOL) and Avalanche (AVAX)) that scale better than their counterpart, it has been dubbed an “Ethereum killer.” After raising $40 million in funds, Fantom launched its mainnet in December 2019. Since then, it has grown to become one of the most popular blockchains, sitting in the top 10 blockchains by total value locked (TVL) with $1.3 billion in TVL. Fantom’s high-throughput blockchain is an open-source smart contract platform. It is scalable and EVM-compatible,…

Israeli Exchange Bits of Gold Becomes First Crypto Firm to Receive Capital Markets License

September 22, 2022 boss

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Arbitrum Has Strongest User Momentum Among Leading Blockchains

September 22, 2022

Ethereum’s large user and developer base “will continue to act as a feeder to rollups,” analysts Gautam Chhugani and Manas Agrawal wrote, adding that they “expect a new growth cycle to emerge in crypto as rollups drive mainstream application building on Ethereum.” Source

Bitcoin Steady as BOE Hikes Rates by 50 Basis Points; ‘Reverse Currency Wars’ Gain Steam

September 22, 2022

Binance Receives License to Offer More Crypto Services in Dubai – Exchanges Bitcoin News

September 22, 2022 boss

Cryptocurrency Binance has received another license from Dubai’s crypto regulator. Binance can now provide more crypto-related services in Dubai. Binance’s New License in Dubai Cryptocurrency Binance announced Wednesday that it has received the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The announcement details that besides allowing Binance to “open a client money account with a domestic bank,” having an MVP license means: Binance can offer an approved range of virtual asset-related services to suitably qualified retail and institutional investors in Dubai. The approved services are…

ShareRing Enables Direct $SHR Swapping Between BNB Chain and ShareLedger

September 22, 2022 boss

From September 22, ShareRing app users can directly swap $SHR between BNB Smart Chain and ShareLedger (SLP3) without first converting to Ethereum ERC-20 token. ShareRing said the decision to slash conversion steps from three to two would drastically boost efficiency, lower the cost of conversion, and save time. $SHR is native to ShareLedger, a Leased Proof-of-Stake blockchain that’s scalable and energy efficient. Compliant with the ShareRing standard, the token is primarily used to pay transaction fees. However, because the token is cross-chain and can be held in various blockchains, including…

Crypto Exchange Coinbase Secures Registration From Netherlands’ Central Bank

September 22, 2022 boss

“The Netherlands is a critical international market for crypto, and I am really excited for Coinbase to bring the potential of the crypto economy to the market here,” Nana Murugesan, Coinbase’s VP of international and business development, said in a statement. Source

September CRASH? Could we see Bitcoin & Ethereum's price drop in September 2022? Crypto News Today

September 22, 2022

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Chamber of Digital Commerce gets approval to join the SEC vs Ripple lawsuit

September 22, 2022 boss

A United States crypto advocacy group, the Chamber of Digital Commerce (CDC), has been granted approval from the Court of Southern District of New York to participate as an amicus curiae in the U.S. Securities and Exchange Commission (SEC) case against Ripple Labs. The status of “friend of the court” permits them to assist a court by providing information, expertise or insight. An order was signed by Judge Analisa Torres on Sept. 21. The CDC shall file its brief by Sept. 26. While explaining its interest in the case, the…

JPMorgan Sees Concerns for Ethereum Blockchain After the Merge

September 22, 2022

The change spurred a hard fork, splitting the blockchain in two and giving rise to an offshoot chain called Ethereum PoW. Some exchanges and platforms have shown support for the forked version, which still uses proof-of-work (PoW) verification, and at least 19 former ether mining pools are active on it, the report said. There is the possibility that the forked chain could divide the Ethereum community, it said. Source