blockchain

Altseason or not, here’s what separates and makes Bitcoin ‘better than the rest’

Source Node: https://ambcrypto.com/altseason-or-not-heres-what-separates-and-makes-bitcoin-better-than-the-rest/
Time Stamp: September 7, 2021 8:30 PM - Modified On: September 7, 2021 - Published By:
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Republished By Plato

Bitcoin remains unbeatable as far as adoption is concerned. However, over the years, many competing blockchains have surpassed Bitcoin on the fronts of network functionalities and scalability. This has even lead to many youngsters terming it as the “boomer coin” since it is now invested in more by institutions, big-ticket players, and seasoned investors. On the other hand, altcoins, although speculative and risky, have the potential to offer greater returns with their exponential surges. Ergo, it’s no surprise that these are being preferred by many young risk-takers. That is not

Panama’s crypto-bill will make it ‘compatible’ with crypto-assets, digital economy

Source Node: https://ambcrypto.com/after-el-salvador-panama-introduces-bill-to-regulate-cryptocurrencies/
Time Stamp: September 7, 2021 8:00 PM - Modified On: September 7, 2021 - Published By:
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Republished By Plato

As El Salvador became the first country to make Bitcoin legal tender, another Central American country took a step towards recognizing the importance of cryptocurrencies. The Republic of Panama, recently introduced its cryptocurrency bill. Panamanian Congressman Gabriel Silva, in a tweet thread, announced the same. According to him, the bill aimed to make Panama a “country compatible with the digital economy, blockchain, crypto assets, and the internet.” Moreover, use cryptocurrencies remained optional for individual citizens as well as businesses as per the said bill, which did not compel anyone to

Gold, Stocks, and Bitcoin: Weekly Overview — September 3

Source Node: https://beincrypto.com/gold-stocks-and-bitcoin-weekly-overview-september-3/
Time Stamp: September 3, 2021 2:54 AM - Modified On: September 3, 2021 - Published By:
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Republished By Plato

This week’s price movements for Bitcoin (BTC), gold, and our stock picks, Visa and Coinbase.Sponsored Sponsored BTC Bitcoin seems to have fared middling-well over the past two weeks, as it achieved $50,000 again for the first time since May but seems to have met resistance at this point since then.  Trading around $45,000 on August 19, BTC then rose to $47,000 by the next day, $49,000 the day after that, finally surpassing the $50,000 mark on August 23. Having hit a target price point, BTC naturally met with selling pressure

Trader Joe Raises $5M for DeFi on Avalanche

Source Node: https://beincrypto.com/trader-joe-raises-5m-defi-avalanche/
Time Stamp: September 3, 2021 2:01 AM - Modified On: September 3, 2021 - Published By:
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Republished By Plato

Avalanche-based decentralized finance (DeFi) platform Trader Joe has become the latest to secure a round of funding from venture capital giants.Sponsored Sponsored In an announcement on Sept 2, the DeFi trading platform revealed that it raised $5 million in a strategic sale led by Defiance Capital, GBV Capital, and Mechanism Capital. Several other venture capital firms, angel investors, and industry leaders including Three Arrows Capital, Coin98 Ventures, Delphi Digital, Avalanche Foundation, and Aave founder Stani Kulechov, also contributed. Trader Joe plans to expand its team with the cash injection and

UK Crypto Exchange Receives Approval From FCA

Source Node: https://beincrypto.com/uk-crypto-exchange-receives-approval-from-fca/
Time Stamp: September 2, 2021 10:02 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company.Sponsored Sponsored This makes Coinpass among the first UK-based crypto exchanges to have fully registered with the FCA, according to Coinpass Chief Executive Jeff Hancock. FCA registration The FCA became the anti-money laundering and counter terrorist financing supervisor of crypto asset firms in January. Since then, crypto firms have had to register with the FCA before doing business. Until now, the FCA had only registered six firms with dozens more still

Assessing where Bitcoin, Ethereum actually stand 100 days after May’s crash

Source Node: https://ambcrypto.com/assessing-where-bitcoin-ethereum-actually-stand-100-days-after-mays-crash/
Time Stamp: September 2, 2021 10:00 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Most of the crypto-space’s top altcoins were relentlessly setting new highs, one after the other, less than four months ago. However, the market became merciless one fine day in mid-May, with most crypto-assets ending up shedding close to half their value. Well, hundred days have passed since 19 May’s crash and the market, at the moment, may be on the cusp of completing a full circle. Source: Coinstats Making sense of the conflicting numbers Bitcoin’s price, at press time, was 28% away from its $64k ATH while Ethereum’s price was

BIS Tests CBDCs for International Settlements Between Several Countries

Source Node: https://beincrypto.com/bis-tests-cbdcs-for-international-settlements-between-several-countries/
Time Stamp: September 2, 2021 8:30 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

The Bank for International Settlements (BIS) is cooperating with several countries to test the use of central bank digital currencies (CBDCs) for international settlements.Sponsored Sponsored In participation are the central banks of Australia, Malaysia, Singapore and South Africa. The experiment could lead to a more efficient global payments platform. ‘Project Dunbar’ Led by BIS’ Singapore Center, “Project Dunbar” aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs. This would allow financial institutions to transact directly with each other using the digital currencies. Consequently, this would eliminate the

CGC 9: Leading Blockchain Games Conference Announced for Sept. 23-24

Source Node: https://beincrypto.com/cgc-9-leading-blockchain-games-conference-announced-for-sept-23-24/
Time Stamp: September 2, 2021 8:04 AM - Modified On: September 2, 2021 - Published By:
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On September 23 and 24, the leading blockchain games conference will return! Get ready for two days of unmissable content and online networking. CGC⁝⁝⁝ (AKA CGC 9 – yes, it is the ninth edition!) is a truly global gathering, with over 2000 attendees representing more than 100 countries. Sponsored Sponsored In a series of in-depth presentations and hot debates, 50+ expert speakers will cover the most up-to-date developments in blockchain gaming, NFTs, and DeFi, as well as their intersection and fusion. The digital nature of the conference makes it safe

Bitcoin Depot Among Inc. Magazine’s 5000 Fastest Growing Companies

Source Node: https://beincrypto.com/bitcoin-depot-inc-magazines-fastest-growing-companies/
Time Stamp: September 2, 2021 6:30 AM - Modified On: September 2, 2021 - Published By:
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For the second year in a row, Bitcoin Depot appeared in Inc. Magazine’s list of 5000 fastest-growing private companies.Sponsored Sponsored The world’s largest and fastest-growing crypto ATM network, ranked No. 357 on the list, after its spot at No. 1,103 last year. President and CEO of Bitcoin Depot Brandon Mintz highlighted that the recognition coincided with the five-year anniversary of the company.  “Given last year’s unexpected circumstances and the pandemic environment, we were fortunate that we were able to continue building our brand while serving the underbanked community on a

Top-10 Aspiring Altcoins to Watch in September

Source Node: https://beincrypto.com/top-10-aspiring-altcoins-watch-september/
Time Stamp: September 2, 2021 6:12 AM - Modified On: September 2, 2021 - Published By:
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This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Japan’s Rakuten Wallet to resume XRP margin trading next week

Source Node: https://ambcrypto.com/japans-rakuten-wallet-to-resume-xrp-margin-trading-next-week/
Time Stamp: September 2, 2021 5:30 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

While Ripple Labs and XRP continue to face scrutiny in the U.S, other countries and agencies might soon look at the latter more favorably. Rakuten Wallet, operated by one of Japan’s leading e-commerce portals, has just announced the resumption of XRP trading on its platform. Rakuten’s crypto-arm had discontinued services related to XRP in December last year following concerns arising from the SEC’s lawsuit in the U.S. At the time, the company had claimed that they were unsure if XRP’s liquidity could be secured. The entity had also raised concerns

Hub Star: Take control and generate value from personal data

Source Node: https://ambcrypto.com/hub-star-take-control-and-generate-value-from-personal-data/
Time Stamp: September 2, 2021 4:45 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

TRON has grown in its popularity as a blockchain that is flexible and adaptable for users and developers alike. TRON supports smart contracts such as Solidity using protobuf. While there has been significant growth in smart contracts on the TRON network NFTs are also finding their ground on the blockchain. Some NFTs on TRON have been listed for more than $135K while others are being sold for as much as $620k. While decentralization and blockchain have helped developers and users to bring innovation to sectors ranging from healthcare to real