Month: August 2024

Latam Insights: El Salvador Offers Bitcoin Instruction to 80,000 Public Servants; Mercado Libre Launches Stablecoin

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public servants, Mercado Libre launches an in-house developed dollar-pegged stablecoin, and Paraguay keeps seizing illegal bitcoin mining operations. El Salvador to Educate 80,000 Public Servants on […] Original

TON Community Backs Telegram Founder Durov — Reaffirms Commitment to Decentralization

The TON community has reaffirmed its commitment to freedom of speech and decentralization, showing strong support for Telegram founder Pavel Durov following his arrest in France. The community emphasized Durov’s dedication to an open internet and called for collective resilience among its members. TON Community Issues Statement After Pavel Durov’s Arrest The TON community issued […] Source CryptoX Portal

Polygon price retreats as NFT sales, DEX volume rises

Polygon retreated for the first time in 10 days, even after seeing encouraging metrics on its non-fungible token and decentralized finance ecosystem. DEX volume and NFT sales rise Polygon (MATIC) retreated to a low of $0.53, down from last week’s high of $0.582. It remains 60% higher than its lowest point this month as the countdown to MATIC’s transition to POL on Sept. 4 continues. Polygon’s pullback happened after the developers regained control of its X account after a recent hacking incident. Third-party data shows that Polygon’s ecosystem is doing…

Network Upgrade Gives Token 24% Price Boost

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NEAR has continued to rally despite the market slipping by 2% today. According to CoinGecko, NEAR, the native token of the platform, achieved almost 23% gains since last week. This is largely due to positive on-chain developments, showing that the altcoin has enough muscle to remain in its current position within the market. Related Reading Just recently, NEAR announced that Nightshade 2.0, NEAR’s touted “novel sharding design”, was deployed on the platform’s mainnet, improving the already robust and reliable system users have been enjoying for years.  NEAR up in the…

New Breakthroughs Propel Render Price Up 11%

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Render continues its bullish rally with a cool 11% increase as noted by CoinGecko. Although the market has dipped slightly, the majority of it is still flashing green with the major cryptocurrencies reaching their respective targets. However, recent developments in the Render network made this upward trajectory possible.  Related Reading Enthusiasts of the network continue to see growth after the platform released its Cinema 4D Wizard tool which sees huge potential in the media industry. This new tool helps artists achieve top-tier outputs while slashing work hours and streamlining workflows. …