Monoverse, a blockchain game developer, announced the simultaneous listing of FDT (Frutti Dino Token), the governance token of its blockchain game Frutti Dino, which will list on global crypto exchanges Huobi Global and Gate.io from October 5th. Huobi Global and Gate.io announced on September 30th that FDT would be listed, and trade would begin on October 5th. Frutti Dino’s listing on the two exchanges represents an extremely significant step toward international recognition. Developed based on BEP-20, FDT (Frutti Dino Token) is the governance token of Frutti Dino, one of the…
Day: October 3, 2022
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Range-Bound Bitcoin Reminds Crypto Twitter of 2018 Lull That Ended With 50% Crash
Bitcoin, the most liquid and the biggest digital asset, remains an anchor for the broader market. That means price rallies in alternative cryptocurrencies, referred to as pumps on Crypto Twitter – the social network’s vocal, frequently pseudonymous commentators on the industry, are often taken to represent market froth. Original
Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commerical Paper Holdings to Below $50M
The firm had said it plans to bring its commercial paper holdings to zero by the end of the year. Source
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Bank of Russia Adds Digital Assets to Banking Chart of Accounts – Finance Bitcoin News
Central Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published draft of the new banking chart of accounts. In the future, financial institutions will be able to provide data about operations with these assets. Russian Banks to Record Digital Currencies as Assets in Their Accounting Books The Central Bank of the Russian Federation (CBR) has released the draft of the updated banking chart of accounts for next year. Starting from 2023, Russian lenders will be required to account for new…
Ether staking is too difficult, community members claim
After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking process is too difficult, especially for regular people. In the Ethereum subreddit, a member of the community raised the topic of ETH staking and its difficulties. According to the user, it took them an entire weekend just to get things up and running. The user said that this may be something that those with “unforgiving” schedules can’t accommodate. They…
XDC Accelerates Network Expansion With LDA’s $50 M Investment
XinFin (XDC) Network, known for secure, scalable, and highly efficient blockchain use cases have received an investment worth $50 million from the global alternative investment group, LDA Capital Limited. The investment originated by leveraging a portion of the token from the XDC founder’s allocation. Ritesh Kakkad and Atul Khekade, the co-founders of XDC Network, are certain that the collaboration will accelerate network adaption and real-world use cases. The LDA is seen as a strategic partner rather than just a financier. The XDC founders have competence in the LDA due to…
Litentry Breaks Out Of A Descending Triangle, Can Bulls Hit $1.2?
LIT price creates more bullish sentiment as price hold above daily EMA LIT looks more stable as bulls breakout of a descending triangle The price of LIT could face major resistance at $1.2 Litentry (LIT) has had a rough start to the year, but that could be shelved aside as the price looks more bullish recently against tether (USDT). Litentry (LIT) price has seen more of a downtrend in the bear market than an upside with the price struggling to regain the bullish structure and has failed each time with…
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