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Is Litecoin becoming the hub of FOMO among the older cryptos

When AMCTheatres enabled the option to pay in cryptos, Litecoin registered a decent hike. The reasoning seemed genuine and even additional metrics pointed out that it was probably an organic rise in the short term. However, on further research, it appeared that Litecoin has begun following a pattern. One where it goes up by a significant margin, sits there for a while, and then drops back down, canceling all or most of the growth. An example of the same can be found on the chart itself. For better reference, occurrences

DOEX set to become the first DEX on Cardano

Although it is one of the top-performing blockchain networks, Cardano is yet to have a native Decentralized Exchange (DEX) like those found in other blockchain networks. Currently, there exists no exchange list for tokens of projects that are based on the Cardano blockchain. This will soon become a thing of the past, now that the team at DOEX is making some serious headway into the development of their project. DOEX is set to be the first Cardano Blockchain-based DEX, and according to its roadmap, the DOEX DEX is scheduled to

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s

Here’s how crypto-market’s 24/7 trading is setting an example

The past couple of years have witnessed the continued growth of institutional investments flowing into the cryptocurrency market. It includes not only hedge funds and family offices but even pension funds and conservative custody banks parking their funds here. Naturally, this has led to the entangling of traditional and crypto finance, with the latter having profound effects on stock and currency markets. These include the trading times that these markets follow. While cryptocurrency exchanges operate non-stop, traditional exchanges operate only during specific days and time frames. This could change in

Toy Companies Hasbro, Funko, and Mattel Turn to Wax as Trusted Partner

William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB. However, Quigley was able to add another giant feather to his cap as WAX recently completed the rare “hat trick” as the official NFT partner for the toy industry’s “big three” – Funko, Hasbro and Mattel. WAX was already a trusted partner for many, working with

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

Good morning, Here’s what’s happening this morning: Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop. Technician’s take: Short-term upside appears to be limited given the loss of positive momentum. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $64,514 +0.4% Ether (ETH): $4,562 -1.7% Market moves Bitcoin was trading flat after Taproot, the blockchain’s biggest network upgrade in four years, went live. The upgrade, which took effect at 5:15 coordinated universal time (1:15 a.m.

Another Leading DEX Is Choosing the Order Book Mechanism

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

New Slate of Speakers Announced for the 2021 Global Wellness Summit Reveals the Depth and Diversity of Disruption Underway in Health and Wellness

A diverse array of scientists, doctors, technologists and startup founders will keynote on the new concepts in health and wellness they’re busy inventing–shaking up everything from healthcare to higher education MIAMI (PRWEB) November 03, 2021 The 2021 Global Wellness Summit’s theme is “A New New Era in Health & Wellness”–and the numerous keynote speakers announced today powerfully illustrate that we are indeed entering an unprecedented time of wellness disruption and creativity. A diverse array of scientists, doctors, technologists and startup founders will keynote on the new concepts in health and

Defi Hack: “stupid kid” nick name goes viral as BXH hack mystery unfolds

The latest update in the $130 million Defi hack of the BXH protocol unveiled that the exploit took place due to a modification in the network’s administrative privileges, which led the attackers to use this privilege to transfer project assets. According to the Chinese Journalist, Colin Wu, BXH protocol irresponsibly consigned the authority of fund management to the attackers which further led to the most convenient hack in recent history. This has triggered the nickname “stupid kid” in the Chinese community for the protocol since BXH has the same initials

What is OP Games?

OP Games is a gaming platform designed to help players access HTML5 games, join tournament competitions, and purchase OP NFTs.  Blockchain technology is currently making waves of innovations in various industries, taking the center of power away from big corporations and finally handing it over to the people. And the gaming industry would not be spared from this transition as blockchain is already on its way to land its territory through Web 3.0 gaming.  Table of Contents Background  Chase Freo OP Games is a Philippines-based gaming platform founded by CEO

What is Dragonbite? (BITE)

DragonBite is an open decentralized asset management platform for customers to store and swap all digital assets in one app. Retail customers have always been big fans of loyalty programs, not only to express their approval of a product or a service but also because of the exciting perks that come with them. The problem is, the rules of these programs are often restrictive, and their rewards are too limited resulting in slim benefits for consumers, which they cannot enjoy. Fortunately, blockchain can change all of this.  Table of Contents Background