Day: December 1, 2022

This Is Why the Cardano (ADA) and Algorand (ALGO) Community Are Purchasing Snowfall Protocol (SNW)!

Place/Date: – December 1st, 2022 at 1:59 pm UTC · 3 min read Source: Snowfall Protocol Photo: Snowfall Protocol Two competing layer-1 blockchain protocol initiatives are Cardano (ADA) and Algorand (ALGO). Unfortunately, the adoption of these two methods has lagged, and market prices remain flat or in a low consolidation. For this reason, both communities are looking to Snowfall Protocol (SNW), which can give returns worth 100x in the following weeks, despite still only being in presale phase 2. Continue reading to learn why. Why Do Experts Pick Snowfall Protocol…

TON Steward Announces $126M Rescue Fund to Attract More Projects

The TON Foundation’s rescue fund will help projects experience liquidity problems amid the recent collapse of the crypto exchange FTX. The TON Blockchain platform, initially developed by social media giant Telegram, is now on a new journey in the crypto space. On Wednesday, November 30, the stewards of the TON network announced a new rescue fund with an initial commitment o $126 million. The TON network said that the fund will help projects experience liquidity problems amid the recent collapse of the crypto exchange FTX. The aim behind launching this…

Chainlink Is About To Launch Staking, Next Target Zones For LINK

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While Chainlink staking v0.1 will go live on the mainnet on December 6, the LINK price has shown a strong performance over the past week. At press time, LINK was trading at $7.58, and thus up 13.5% over the last week. Still, Chainlink has been going sideways for seven months. However, thanks to dovish comments from U.S. Federal Reserve Chairman Jerome Powell during a speech yesterday, the horizon for relief rallies within the crypto market are widening again. Looking at the daily chart, Chainlink is still in the middle of…

Reserve Bank of India Rolls Out Pilot Phase ahead of Digital Rupee Launch

The RBI is test-running its digital rupee in numerous banks and Indian cities as it nears the official launch of the CBDC.  Ahead of the proper launch of the digital rupee, the Reserve Bank of India (RBI) has decided first to conduct a pilot rollout of the virtual fiat. According to the Indian central bank, eight banks will participate in the project, which will occur in two phases. The first phase will feature four banks: Yes Bank, the State Bank of India, ICICI Bank, and IDFC First Bank. These banks will offer…

Elon Musk Announces Human Trial for Neuralink New BCI Chip

Elon Musk said the Neuralink device called N1 would provide solutions to two body-impaired challenges, namely blindness, and quadriplegia. During a “show-and-tell” event organized by Neuralink, Elon Musk announced the next phase of development for the N1 brain-computer interface (BCI) chip. The world’s most famous and multi-serving executive showed the audience how a brain implant controls a monkey. For the past five years, Neuralink has been conducting such tests on animals. The implant-proposing startup hopes to begin human trials in the next six months with approval from the US Food…

FTX Collapse Won’t Derail UK’s Crypto Agenda, Minister Says

“For me, recent events in the crypto market reinforce the case for timely, clear and effective regulation,” Griffith said. “The Financial Services and Markets Bill already enables us to establish a framework for regulating crypto assets and stablecoins in the U.K., and we will be consulting on a world-leading regime for the rest of the crypto asset market later this year.” Source

Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France – Bitcoin News

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Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian billionaires who died this year under mysterious circumstances. Libertex President Perishes as His Helicopter Crashes on Route to Monaco Russian businessman Vyacheslav Taran, founder of Forex Club and head of Libertex Group, has died in a helicopter crash in Southeast France. The 53-year-old billionaire was the only passenger in the aircraft…