Day: October 18, 2022

Cardano Finds Breathing Room At $0.35 Support

Cardano is somehow keeping in-step with cryptocurrency frontrunners Bitcoin and Ethereum, sitting on price increase on its intraday chart. Cardano failed to hold the $0.41 crucial support range and settle to the new support marker of $0.36 ADA is forecasted to trade from $.0403 to $0.416 in the coming days Cardano addresses grow despite bearish market sentiments Tracking from Coingecko shows the smart contract token is trading at $0.371, raising its price by almost 1% during a 24-hour period. The altcoin, however, continues to struggle as it remains in the…

VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’ – Blockchain Bitcoin News

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A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin Capital. The Aptos project stems from two developers from Meta’s Diem project, and the network boasts parallel processing, a technology that reportedly allows the chain to process 130,000 transactions per second (TPS). Aptos Labs Debuts…

Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi

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Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million funding round that was backed by prominent industry venture firms, putting the company on track to expand operations at a time when demand for blockchain infrastructure and gaming services was on the rise. The Series A round was led by venture firm Round13 with additional participation from NGC Ventures, HashKey Capital, Sfermion, Jsquare, ConsenSys, Digital Finance Group and Fenbushi Capital. ChainSafe said the funding would go toward supporting the growth and adoption of Web3 technology. ChainSafe’s founding team met at…

⛏⛏DID A HURRICANE RUIN MY MINING FARM???

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io DID A HURRICANE RUIN MY MINING FARM??? We went through Hurricane Ian in FL. We have our helium mining setups out doors. Did this effect our earnings? BUY ME A BEER! Send a note with your favorite beer and I will try to find and review it! — Use code NERDY to save $10 on your purchase! Checkout my buddy CryptoWealth- ***Get 5% off 5.8 dbi Antennas from RAK here We are going to be streaming a lot of game content here…

Polygon (MATIC) Eyes $1 After Successful Breakout; Will Bulls Push For A Retest?

MATIC’s price shows strength as price breaks bounced off from $0.76 with good volume with eyes set to reclaim $1.  MATIC breaks out of a downtrend as the price resumes a bullish structure.  The price of Polygon (MATIC) has remained strong despite the market uncertainties that have affected the price of many altcoins in recent weeks. Polygon (MATIC) has held strong, defending its support as the price is set for a major rally. The price of Bitcoin (BTC) showed strength bouncing off from its low of $19,100 to $19,600 as…

Ethereum solo validators that censor blocks should ‘be tolerated’ — Buterin

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Ethereum co-founder Vitalik Buterin believes that solo validators that choose not to include certain transactions should “be tolerated” to stop the Ethereum community from becoming the “morality police.” Vitalik Buterin made the comment in reply to a Twitter poll from latetot.eth, discussing a hypothetical scenario whereby a validator censors a transaction that doesn’t align with their beliefs. The thread, published on Oct. 17, asked what should happen if a solo validator, in a country at war with another, decides not to process a block because it includes donations to the…

Interpol reportedly creates dedicated unit to fight crypto crimes

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The International Criminal Police Organization is reportedly planning to strengthen its crackdown on cryptocurrency-related crimes by forming a dedicated division. Interpol, the world’s largest global police organization, has set up a special team in Singapore to help governments fight crimes involving virtual assets, the Indian news agency Business Standard reported on Oct. 17. Interpol made the announcement at a press conference ahead of its 90th general assembly in Delhi, which is to be attended by high-profile police officials from its 195 members from Oct. 18 until Oct. 21. According to…