“It is already time for us to start asking what healthy competition should look like in the Metaverse,” Vestager, who is European Commissioner for competition and digital affairs, said at an event in Brussels according to a published text. She also referred to the impact of artificial intelligence service ChatGPT. Source
Day: March 2, 2023
Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COO – Bitcoin News
While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent benefits associated with decentralized exchanges such as the self-custody of assets make look more appealing than centralized exchanges. Decentralized Exchanges Closing the Gap Despite seemingly possessing the edge over centralized exchanges (cex), according to Tim Shan, the COO of Dexalot, decentralized platforms still come short when it comes to the number of users or the volumes traded. Part of the…
Three Japanese Banks Start Stablecoin Experiment
Japan has been moving toward allowing stablecoins. Following the collapse of multibillion-dollar algorithmic stablecoin issuer Terra in 2022, parliament passed a set of stablecoin-specific rules focused on investor protection. The government also plans to allow stablecoins issued outside the country to be listed on local exchanges. Additionally, new rules to be implemented in June will allow Japanese exchanges to apply for a special license to trade stablecoins. Original Source BanksExperimentJapaneseStablecoinStart CryptoX Portal
Crypto donations amplify speed and global reach during crisis
Donations made in cryptocurrencies are proving to be a fast and far-reaching means of providing financial aid during times of crisis, according to multiple industry players. This has proven to be the case after devastating earthquakes hit parts of Turkey and Syria in February. Blockchain analytics firm Chainalysis estimates that around $5.9 million of donations have been made to support relief efforts in the region in the month since the natural disaster took place. The likes of Turkey’s Ministry of Interior Earthquake Humanitarian Aid campaign, Turkish Red Crescent, Save the Children and…
Robinhood Web3-Enabled Wallet Is Now Available to iOS Users
With iOS users able to enjoy the benefits of Robinhood Wallet now, an Android-compatible version will be launched later this year. Robinhood Markets Inc (NASDAQ: HOOD) has announced that its Robinhood Wallet is now officially available to all iOS users via the Apple App store in more than 130 countries. #RobinhoodWallet is now available to everyone with iOS: https://t.co/yUdL8jCgJN pic.twitter.com/q7RIWBJUIT — Johann Kerbrat (@JohannKerbrat) March 1, 2023 According to Robinhood Crypto GM Johann Kerbrat, the app has received positive feedback from users and based on the reviews, has undergone a lot…
XMON price plunged by 98% in just 5 minutes
The utility token of the “neural net generated” non-fungible token (NFT) collection, XMON, saw a massive drop on March 2. According to data provided by CoinMarketCap (CMC), the XMON price dropped by around 98% from roughly $26,000 to the $500 mark. While this is a substantial downward move for a crypto asset, there are no reports of a rug pull yet. XMON price March 2 | Source: CoinMarketCap Moreover, XMON is trading at $6,553 at the time of writing, still down by around 74% in the last 24 hours. The…
Bitcoin to $1,000,000 By 2030
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today let’s look at Bitcoin, Crypto and US Markets. What is going to make Bitcoin head to $1M by 2030? Buy Bitcoin & Crypto … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Decentralized storage platform introduces perpetual storage and community satellite
Decentralized storage networks are getting increasingly popular over mainstream centralized ones such as AWS, Google and Microsoft. The primary reason for the shift is low cost of operations and security. Some of the notable decentralized storage platforms are Filecoin, Siacoin, Bititorent, and Storj. Among these platforms, Storj has developed a new scalable solution called Storj NEXT, promising more scalable decentralized solutions for Web2 and Web3 firms alike. With a focus on community building, the latest upgrade introduces a new economic model that provides for broader participation in the Storj ecosystem. …
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The Problem of Bitcoin | Ray Dalio #bitcoin #investing #raydalio #shorts
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version