Specifically, the platform addresses issues with other social networks like “spam, bots, and sock puppets” by offering features like identity verification through web wallet login and Ethereum Name Service (ENS) domains. In addition, Console offers tools that support voting, threaded messages, events, bounties and treasury to help budding crypto communities scale their efforts. Source
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The Avalanche (AVAX) price has been undetermined for quite a number of weeks now. The altcoin is now logging gains on the daily chart as it rose over 3% in that time frame. The coin shows signs of optimism ever since it moved up from the $12.90 support mark. The technical outlook for AVAX displayed signs of demand and buy signals for traders. If demand continues to rise and buying sentiment increases over the immediate trading sessions, the chance of AVAX piercing through other resistance levels will strengthen further. As…
By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin climbed to above $18,000 yesterday, reaching resistance at the local range high around $18,170, before rejecting back down to $17,600. Markets were volatile yesterday as always when an FOMC meeting occurs, where the Federal Reserve released the decision of the next U.S. rate hike. The Federal Reserve raised rates by 50 basis points, as expected, but less than the previous consecutive 75 basis point rate hikes. The FOMC decided to slow the pace of rate hikes following CPI…
The committee, responsible for representing those who are hoping to be repaid at the conclusion of bankruptcy proceedings – specifically the unsecured creditors who have no claim on FTX collateral – will also include hedge fund Coincident Capital, GGC International (a Bermuda-based affiliate of Genesis Trading, which shares a parent company with CoinDesk in Digital Currency Group) and Hong Kong’s Pulsar Global, the filing said. Source
Dogecoin was trading close to a three-week low on Thursday, following the release of retail sales figures in the United States. Customer spending fell by more than expected in November, dropping by 0.6% last month. Litecoin slipped for a second successive session, falling to its lowest point since late November. Dogecoin (DOGE) Dogecoin (DOGE) remained in the red on Thursday, as prices fell for the ninth day out of the last eleven. The recent decline saw DOGE hit a low of $0.08694 earlier in today’s session, which is nearly 4%…
Users of Coinbase can trade about 9,000 different cryptocurrencies, far more than rivals Kraken and Binance, but while transfers of ERC-20 tokens aren’t significant, they are popular among developers who want to create their own tokens on the Ethereum blockchain and other users who believe in the networks behind those tokens. Original Source CoinbaseERC20IntroducesLostRecoveryReportTokensTool CryptoX Portal
The Orbs has gained traction as a public and decentralized blockchain infrastructure operated via permissionless validators and the Proof-of-Stake (PoS) consensus mechanism. Orbs, a layer-3 blockchain solution, has launched its TON verifier, an open-source application to help developers publish certified source code. Consequently, Orbs will significantly increase the trust score on the TON chain amidst the cryptocurrency bear market fueled by network rug pulls and hacks. TON Verifier by Orbs Interoperability between different blockchains has dramatically increased the need for secure and scalable layer 3 networks. As such, the TON…
Nonfungible tokens (NFTs) continue to be a dominant force within the Web3 space for increasing innovation and adoption. As the space continues to push its way into mainstream adoption will reach new demographics, including minors. Recently big name entertainment companies such as Disney, which is highly catered to children, have expanded to include crypto-savvy team members and created partnerships with the Polygon blockchain network. Such developments hint at an impending entrance into the world of Web3, however if Web3 content is to be created for minors big questions arise such as…
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