Pinakabagong Balita sa Crypto at Market Updates

ETH Co-Founder Lashes Out At DeFi Model Following Terra Meltdown - BitcoinEthereumNews.com

EthereumETH Co-Founder Lashes Out At DeFi Model Following Terra Meltdown 05 / 27 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) co-founder Vitalik Buterin warns folks of risks related to automated stablecoins.　　ETH co-founder highlighted earlier that hes no longer a billionaire.　　Ethereum (ETH) is currently trading at $1,769 and is down by around 3.4% in the last twenty-four hours.　　ETH Co-Founder Vitalik Buterin Warns Folks　　Vitalik Buterin, the Ethereum (ETH) co-founder, has recently highlighted views regarding the projects promising good returns in the current times. He cited that there are no genuine investments that can even get closer to 20% returns anually.　　This seems to be following his analysis of the recent meltdown that the Terra blockchain witnessed. And it gave a spark to the overall crypto market selloff.　　Terras meltdown came as a shock to everyone in the crypto community. TerraUSD (UST) and LUNA slipped to zero, which became a major factor in the bear market. It wiped out around $60 Billion in just Terra coins.　　Tulad ng iniulat ng Bloomberg Buterin signified in a statement, the greater level of scrutiny in DeFI financial mechanisms, especially those that they try very hard to optimize for capital efficiency, is highly welcome.　　And that the greater acknowledgment that present

2022-05-27Ethereum

Mobile Game Publisher Kongregate Launch $40M Fund for Web 3 Developer

Mobile game publisher Kongregate has partnered with Immutable X, Ethereums leading Layer 2 (L2) scaling solution, to launch a $40 million blockchain developer fund.　　This time, the fund will establish the IMX token pool as a grant awarded to the development of blockchain games on the web3 gaming platform Kongregate.com.　　Immutable X provides Ethereum Layer 2 blockchain developers Immutable. Their games earn NFT game items without compromising the security of their assets. It offers instant trade confirmation and near-zero gas fees for minting and trading NFTs.　　According to the company, Kongregate.com will be relaunched later this year.　　Max Murphy, CTO of Kongregate, said the launch of Kongregate.com will create a different destination for developers and gamers.　　Markus Lipp, CEO of Kongregate, stated that: “Blockchain technology allows us to give them a deeper experience in ways not possible with traditional games, from enabling players to help to shape what comes next in the storylines they love to be able to maintain their unique character across titles.”　　Founded in 2016, Kongregate is a leading mobile game publisher and web game portal. Kongregates mobile games have been downloaded tens of millions of times and played hundreds of millions of times. Kongregates portal has over 100,000 free games played by

2022-05-27Malalim na Pagsisid

Ethereum breaks support, drops to yearly low versus Bitcoin - BitcoinEthereumNews.com

Bitcoin EthereumEthereum breaks support, drops to yearly low versus Bitcoin05 / 27 / 2022 　　Ethereum has broken a support level it has held since November 2021 on the ETH/BTC chart. Ethereum, the worlds second-largest cryptocurrency by market cap, has fallen against Bitcoin by more than 20% since its peak in December.　　Pinagmulan: TradingViewFear of The Merge　　Ahead of The Merge earmarked for August this year, Ethereum has fallen to its lowest level this year compared to Bitcoin. The above chart illustrates how Ethereum has fallen to just 0.06 BTC per coin after breaking support of 0.065.　　While it has already recovered 4% from its intraday low, the decline may indicate a trepidation for what will become of the chain after it moves to proof of stake. As some investors are pagkomento, participation in the Ethereum network is down, with many key KPIs showing bearish signals.　　“Active wallets stagnantnNFT hype deadnLP trading volumes trending poorlynLiquidity shrink in stablesnL2 canibalization growing”　　TaschaLabs from Soundwise went as far as to sabihin, “will Eth outperform newer L1s that survive winter？ Prob not.” CryptoSlate Edge members can view data in our assets section to verify the drop in usage of Ethereum, including an overwhelmingly bearish indicator in the futures markets.　　The

2022-05-27Ethereum

Ethereum Blocks Average Time Increases, Same as Difficulty Bomb – crypto.news - BitcoinEthereumNews.com

crypto EthereumBina-block ng Ethereum ang Average na Pagtaas ng Oras, Pareho sa Difficulty Bomb – crypto.news05 / 27 / 2022Balita ng Ethereum ng Bitcoin　　Ayon sa data from Glassnode, the average time between blocks in Ethereum has started to increase. The firm has noted a rise of 5% since April. The difficulty bomb implemented in EIP-4345 also has noticeable effects, rising from 13 to 14.0s in average block intervals.　　The Difficulty Bomb Is Increasing　　Notably, the number of assets in decentralized finance dapps has also decreased by 40% since October. At present, thats worth $12.5 billion, compared to the entire amount of assets in DeFi of $50 billion, which is a half of the amount in November.　　The August timeline is ideal for transitioning to a more efficient PoS network due to the networks difficulty bomb. Notably, the difficulty bomb incentivizes miners to switch to a more efficient system.　　Ideally, the merge should happen before the bomb, which would prevent the network from crashing. Notably, the difficulty bomb is designed to double its difficulty every two weeks.　　Last December, Ethereum developers delayed the bomb. Due to the delay in the bombs rollout and its potential impact on the network, the average block time for the network

2022-05-27Ethereum

Blockchain Foundry Pairs with Palmer Group to Launch Web3 Education Platform Metacademy

Canadian blockchain software development company Blockchain Foundry has partnered with Palmer Group to launch “Metacademy”, a Web3 education platform focusing on blockchain, cryptocurrencies, and Non-fungible Tokens (NFTs).　　Blockchain Foundry Inc. develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients.　　This announcement came after the launching of the public beta version of Metacademy.com (“Metacademy”). Users can learn and understand various knowledge of the blockchain universe for free on this platform, including cryptocurrencies, NFT, smart contracts, web3, etc.　　From Blockchain Foundry CEO Dan Wasyluk said:　　“We are excited to partner with The Palmer Group to develop this one of a kind educational platform. Metacademy uniquely provides users with hands-on experience using new decentralized technologies in a risk-free environment, all while earning crypto incentives along the way. This Web3 educational experience is unlike any other platform available today,”　　In addition to this, the Metacademy program will provide users with additional courses covering token economics, DAOs, decentralized identity (SSI), verifiable credentials, and more.　　The education platform Metacademy does not charge users any fees while providing a risk-free learning environment.　　To make learning more fun and rewarding to users, Metacademy introduces badges and NFT rewards that can be converted. Users will also receive a verifiable certificate in a

2022-05-27Malalim na Pagsisid

Perp Traders Remain Quiet As Bitcoin Struggles To Hold $30,000 - BitcoinEthereumNews.com

BitcoinPerp Traders Remain Quiet As Bitcoin Struggles To Hold $30,00005 / 27 / 2022Balita ng Ethereum ng Bitcoin　　Bitcoin has been struggling to hold on to the $30,000 level for the better part of this week, failing more often than not. While there have been various reactions from different parts of the market such as the ETFs, perpetual traders seem to have taken this as a sign to hold off on their activities. What this has led to is a continuation of the neutral or below-neutral funding rates that have been recorded in the past couple of weeks.　　Bitcoin Funding Rates Unmoved　　For the past few months, bitcoin funding rates have been tethering around the neutral and below neutral levels. This has been the case through both market recoveries and downtrends, although there have been periods of slight deviations where funding rates have recovered into the positive but even these have been short-lived.　　Mga Kaugnay na Pagbabasa | Ang mga Institusyonal na Namumuhunan ay Naghahanap ng Ligtas na Kanlungan Sa Mga Produktong Crypto Sa gitna ng Kawalang-katiyakan sa Market　　The last time that the funding rate saw a sharp recovery had been May 12th on the Binance exchange, after which funding rates had once more

2022-05-27Industriya

7 Top Crypto Gainers Today - BitcoinEthereumNews.com

crypto7 Top Crypto Gainers Today05 / 27 / 2022Balita ng Ethereum ng Bitcoin　　In todays article, we review the top crypto gainers as of today.　　After experiencing the massive crash, TerraUST seems to be the choice of traders looking to trade on the volatity. Many traders are also showing interest in Metaverse tokens such as SAND.　　Read ahead to know more about the 5 other top gainers of today.　　The 7 Top Crypto Gainers in the Last 24 hours　　We would now look at the top 7 crypto gainers:　　1. TerraUSD (UST)　　TerraUSD is a decentralised stablecoin that runs on Ethereum. It is based on the Terra Blockchain technology. Its value is equal to the face value of a minted stablecoin. UST is the Ethereum token of TerraUSD. Its main aim is to increase scalability and improve interest rate accuracy.　　The rise in UST price could be because of the recent LUNA crash where traders might be expecting a price increase. We have written several pieces explaining the LUNA crash and you could read about the same.　　TerraUSD is now trading at $0.10, with a 24-hour trading volume of $239.9M. In the last 24 hours, it has gained 49.51 percent. Its live market cap is $1.1B. It has a

2022-05-27Industriya

Rival fintechs Revolut and Wise are still recruiting - BitcoinEthereumNews.com

KabuhayanNagre-recruit pa rin ang magkaribal na fintech na Revolut at Wise05 / 26 / 2022Balita ng Ethereum ng Bitcoin　　Nikolay Storonsky, founder and CEO of Revolut.　　Harry Murphy | Sportsfile para sa Web Summit sa pamamagitan ng Getty Images　　Not all fintech unicorns are cutting jobs.　　After Klarna anounced plans to lay off 10% of its workforce Monday, some rival fintechs are making it clear that they have no intention of cutting jobs or freezing hiring.　　Revolut, the $33 billion digital banking start-up, said the company is “actively hiring,” with over 250 open roles listed on its website.　　Samantala, Matalino CEO Kristo Kaarman said the London-based money transfer firm is in a “different place” to tech firms that are letting staff go.　　“Years of building Wise as a profitable long-term company is paying off now,” Kaarman tweeted Wednesday.　　“So much demand for international banking, we cant hire people fast enough to build it.”　　Meanwhile, German digital bank N26 said it has “no current plans to reduce headcount.” The firm was last valued at $9 billion.　　“We are going to continue to make strategic investments to grow our team with a focus on product, technology, compliance and financial crime prevention,” an N26 spokesperson said.　　It marks a stark contrast with Klarna. The

2022-05-27Industriya

PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse

PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.　　The two companies have purchased virtual land in Mega-City - the Hong Kong-inspired neighbourhood in The Sandbox - and they are set to launch the worlds first virtual 5G mobile network and transform traditional film, TV, and music content into a Web3-enabled entertainment.　　PCCW and HKT will also rollout new-age financial and health technologies, and e-commerce solutions to build a virtual “metacommunity”.　　The Sandbox, a subsidiary of Animoca Brands, is a platform linked to the Ethereum-based blockchain in which users can purchase and sell play games, and plots of land, and earn digital currency.　　Susanna Hui, Acting Group Managing Director of PCCW and Group Managing Director of HKT, said, “we are pleased to partner with The Sandbox to enter the metaverse and explore Web3, where we can seize the boundless opportunities manifesting in different aspects of our daily lives.”　　More and more Hong Kong-based enterprises joining the connection with the Sandbox, for instance, a local railway transportation company MTR, banking giant Standard Chartered.　　In one of the recent developments, the Emirate‘s Virtual Assets Regulatory Authority (VARA), Dubai’s new cryptocurrency regulator, said

2022-05-26Malalim na Pagsisid

Bitcoin Could Protect Americans Because ‘It Can’t Be Made from Nothing’: Kevin Roberts

Kevin Roberts, the President of the Heritage Foundation, recently participated in a panel discussion titled ‘Bitcoin and the American Experiment’, saying that: “Bitcoin is the biggest destructive innovation in a positive sense that can protect the American people.”　　The cryptocurrency market continues growing and garnering support from people, including the Heritage Foundation, a U.S. conservative public policy research organization or think tank based in Washington, DC, whose mission is to formulate and promote conservative public policies.　　In his argument, Roberts suggested: “Bitcoin can protect Americans because it cant be made from nothing.”　　The view of the Heritage Foundation president was echoed by other participants on the panel, including Cynthia Lummis, a U.S. Senator serving Wyoming state.　　In March, Senator Lummis worked on a law that would integrate digital assets into the U.S. financial system. The Wyoming lawmaker, who has been advocating for cryptocurrency in Congress, argued that the pro-crypto regulatory framework would bring order to the cryptocurrency ecosystem without stifling innovation. According to the Republican Senator, Bitcoin is a phoenix that would grow, and the bill would expand to various segments of commodities and digital assets.　　On the panel discussion, Roberts and Senator Lummis were joined by other prominent crypto personalities, including U.S. Senator Ted

2022-05-26Malalim na Pagsisid

...

833835

...

1000