Pinakabagong Balita sa Crypto at Market Updates

Binance Denies Sharing Users Data with Russian Intelligence Agencies

Binance exchange has responded to allegations by Reuters that its Russian subsidiary has close ties to the countrys financial regulator called Rosfinmonitoring.　　In the Reuters report, it was alleged that Binance shared its user data with Rosfinmonitoring in a bid to track down donations made to the opposition leader, Alexei Navalny.　　Binance categorically called the Reuters report a “false narrative” and provided a context in which its relationship with Rosfin was no different from those it had with other regulators in other countries. 　　Binance said the allegations that it shares users data with the law enforcement agencies are misconstrued and that as a business operating in Russia, it is obligated to respond to any request from a regulator requiring it to provide any information regarding its operations, provided it is within the confines of the law.　　With Binance disagreeing with the Reuters publication, the exchange said it would be filing an official complaint based on the media platforms own editorial code.　　“Reuters, one of the most esteemed and trusted news agencies, published this article that completely contradicts the reputation this outlet has built over the years and is not representative of our experience working with countless other journalists in their organisation, the exchange wrote.

2022-04-26Malalim na Pagsisid

Investors Prefer Solana, Terra, Algorand & Avalanche Than Ethereum, Bitcoin - BitcoinEthereumNews.com

Bitcoin EthereumMas Pinipili ng mga Investor ang Solana, Terra, Algorand at Avalanche kaysa sa Ethereum, Bitcoin04 / 26 / 2022Balita ng Ethereum ng Bitcoin　　One of the popular research platforms, Coinshares recently shared a report where-in it highlighted some interesting facts about the change in trends among the institutional investors. The report said that the investors are keener on investing in popular and rising altcoins like Avalance, Solana, Terra and Algorand rather than Bitcoin or Ethereum. With the investment trend surfaced, the much-diversified interest of the inventors emerged.　　Ang ulat further says that the investors continue to flood in their investments in altcoins as the outflows were restricted to $7 million last week.　　As seen in the chart posted by CoinShares, the weekly outflows in the last week were recorded at $7.2 million. However, the outflows of the entire month sum up to $219 million, with some couple of days still remaining in the month. And hence April is on the verge to record the highest outflows surpassing the March levels of $220 million. On the other hand, Ethereum outflows continue for the third consecutive week bringing to $16.9 million to date.　　Interestingly, the investments in the other altcoins have risen up with the

2022-04-26Bitcoin

PlanetWatch Partners with Treedom to Launch "Stake for the Planet" Initiative

PlanetWatch, in partnership with Treedom, has launched a “Stake for the Planet” initiative.　　PlanetWatch is the worlds first decentralised air quality monitoring network built on the Algorand blockchain. While users of the Treedom platform can virtually plant real-life trees and follow its growth online.　　The “Stake for the Plant” initiative allows owners of PlanetWatchs tokens known as PLANETS to stake the digital assets in their Algorand wallet to earn a reward which will allow them to plant trees.　　Each tree is linked to a collectable non-fungible token (NFT) that reflects its uniqueness, and owning the NFT is equal to owning the tree.　　“Stake for the Planet” is the first step towards PlanetWatchs pledge to plant 1 million trees worldwide in the next five years to support global reforestation.　　PlanetWatch has said that the “Stake for the Plant” initiative is the first step towards their pledge to plant 1 million trees worldwide to support global reforestation in the next five years.　　Currently, Treedoms platform includes 1,000 trees of 12 separate species across three different continents.　　“Announcing our partnership with Treedom and the launch of Stake for the Planet on Earth Day reflects our double commitment to protecting public health via air quality data and mitigating climate change,” Claudio

2022-04-26Malalim na Pagsisid

El Salvador’s Wild Bitcoin Experiment Is Crumbling — Bombshell Study Reveals ⋆ ZyCrypto - BitcoinEthereumNews.com

A recent survey released by the National Bureau of Economic Research (NBER) reported that bitcoin has not been well received in El Salvador. Eight months since El Salvadors Bitcoin law came into effect, the adoption of the benchmark cryptocurrency remains patchy.　　El Salvador‘s Wild Bitcoin Experiment Is ’Crumbling　　2021 turned out to be historic for bitcoin after El Salvador became the first sovereign state to make bitcoin legal tender. This bold move was commended by the crypto community globally but was also harshly criticized by others.　　Domestic residents are also unenthusiastic. According to NBERs study, 60% of the citizens did not bother to download the state-run Chivo wallet despite the majority of them owning smartphones with internet access. Over 60% of the respondents that downloaded the bug-riddled wallet, ended up abandoning it after spending the $30 airdrop in BTC.　　Salvadoran President Nayib Bukele has previously argued that bitcoin will boost financial inclusion by providing unbanked people access to financial services and significantly reducing transaction costs for cross-border payments like remittances. However, the report notes that 89% of Salvadorans have never received international payments using the national crypto app, with only 3% of the respondents having received them in bitcoin.　　Moreover, the majority of El Salvador

2022-04-26Bitcoin

MetaHollywood Aims to Become Largest Hollywood-Themed Metaverse

MetaHollywood aims to become the largest online community within a Hollywood-themed metaverse created as a joint venture by Animoca Brands and the Planet Hollywood Group.　　Movie lovers, studios, and creators will be able to interact within the metaverse and it will also consist of a marketplace for digital collectables. The entire experience is powered by blockchain technology and the joint ventures native utility token.　　Planet Hollywood is the creator and worldwide developer of a consumer brand that capitalizes on the universal appeal of movies, television, sports, music and other leisure-time activities.　　Animoca Brands commented on the partnership and said that “ The MetaHollywood joint venture will transform the awe-inspiring Hollywood experience into a Web3 metaverse that benefits and reaches more supporters, studios, and creators globally within a virtual environment.”　　The MetaHollywood joint venture will help in the creation, ownership, interaction, distribution, and sharing of digital collectables, movies, clips, and other assets as non-fungible tokens (NFTs).　　“The new platform will provide a community for collectors to own uniquely famous pieces of film history in the form of NFTs as well as to share, interact with, and experience the digital assets in a purpose-built metaverse fueled by the utility of its native token,” Animoca Brands announced.　　Over 60,000

2022-04-26Malalim na Pagsisid

Australias First Bitcoin and Ethereum ETFs Delayed: Report - BitcoinEthereumNews.com

Amid the growing anticipation for Australias upcoming crypto ETFs, new reports emerged claiming that the launch, originally scheduled to be tomorrow, will be postponed, blaming a third-party broker.　　CryptoPotato iniulat last week the decision made by ASX Clear – the country‘s main equity capital market watchdog – to greenlight Australia’s first Bitcoin ETF. This came as four market participants said they could meet the stringent margin requirements needed to cover the BTC settlement risks.　　On the very next day, 21Shares and ETF Securities anunsyado a joint venture that would have enabled them to release exchange-traded funds tracking BTC and ETH. All products were set to go live on April 27.　　However, a new AFR ulat from today (April 26) asserted that Aussies will have to wait longer to see a crypto ETF.　　The launch was delayed because of an undisclosed third-party broker, which reportedly blocked the products from going live on the Cboe Australia exchange.　　“Standard checks prior to the commencement of trading are still being completed,” reads a communication letter by the exchange.　　Head of Distribution at ETF Securities – Kanish Chugh – confirmed the delay, saying it wasn‘t his company’s fault nor the exchanges.　　“We believe the issue affects all fund managers equally and has

2022-04-26Ethereum

Kadena Protocol Announces $100 Million Web3 Grants Initiative

Kadena Protocol, a scalable Layer-1 blockchain network, has announced the introduction of a $100 million Web3.0 fund to help innovative firms develop on the network.　　According to a blog post written by Francesco Melpignano, the Chief Executive Officer of Kadena Eco, the grant application is now open, and the funds will be used to assist both small and large companies eager to develop on the Kadena blockchain. The funding is particularly interested in projects that aim to develop gaming, metaverse, DeFi, and NFT-related solutions.　　“Kadena Eco exists to empower builders to create new projects that transform the world. To realize this mission, we‘re doubling down on our growing community by deploying capital towards the long-term sustainability of our ecosystem,” Melpignano said. “Kadena Eco grants will be applied to projects big and small, enabling builders of all backgrounds to succeed on Kadena. With our network of technology experts and strategic partners, we’re here to support builders every step of the way.”　　While Kadenas grant is similar to those of its peers, such as the ecosystem funds launched by Avalanche and Binance, Melpignano believes that gaining access to this grant will open more doors to the platforms incubators and other programs designed to help young

2022-04-26Malalim na Pagsisid

Ang mga capital outflow ng Ethereum sa nakalipas na linggo ay umabot sa $17M - BitcoinEthereumNews.com

Sa kabilang banda, ang Avalanche ay nakakaakit ng interes dahil sa mga programang insentibo na tumatakbo sa network na maaaring makaakit ng higit pang mga developer. Nagdudulot ito ng pangmatagalang bullish outlook para sa AVAX. Ang mga pag-agos sa AVAX ay umabot sa $1.8 milyon sa nakalipas na linggo.　　Ang mga pag-agos sa ibang mga network tulad ng Terra at Algorand ay $700,000 at $200,000, ayon sa pagkakabanggit. Sa kabila ng mga pag-agos ng Bitcoin na umabot sa $2.6 milyon, ang buwanang pag-agos para sa digital gold ay umabot na sa $178 milyon.　　Ang crypto market ay nag-uulat ng tumaas na pagkasumpungin na nakakatakot sa mga mamumuhunan. Ang $219 milyon ay umalis sa crypto market sa nakalipas na tatlong linggo. Sa unang linggo ng Abril, $134 milyon ang umalis sa merkado sa gitna ng malakas na sentimento ng bearish. Sa kabila ng mahinang pagganap ng merkado ng crypto mula noong nagsimula ang taon, $389 milyon ang napunta sa mga asset ng crypto, na nagpapakita na ang mga daloy ng taon-to-date ay nanatiling positibo.　　Ang iyong kapital ay nasa peligro.

2022-04-26Ethereum

Justin Sun Proposes the Establishment of Tron DAO Reserve and to Launch USDD Stablecoin

Justin Sun, the founder of the Tron blockchain network, is stepping up his responsibility in the broader digital currency ecosystem with the establishment of the Tron DAO Reserve. 　　Sun unveiled the new Decentralized Autonomous Organization (DAO) in an open letter to the Tron community, citing how long overdue a reserve fund is floated to help cushion the broader industry from the shocks of the bear market and sudden price crashes.　　Despite Tron being the frontrunner per its founding, Sun noted that the Tron DAO Reserve will service every blockchain protocol with the needed liquidity to stay in business when there is a major financial offset. He said the reserve will be kick-starting its operations with $10 billion, and he enjoined participants to contribute to the liquidity pool of the reserve.　　“By setting up a decentralized blockchain reserve, we will be able to bring together the power of all blockchain practitioners through a DAO system and build this organization into the firmest protector of the blockchain industry and market. I believe this will be the best solution to any future crises,” Sun wrote in the open letter.　　Specifically, the Tron DAO Reserve “aims to safeguard the overall blockchain industry and crypto market, prevent panic

2022-04-26Malalim na Pagsisid

Hong Kong's MTR Becomes World's 1st Transport Operator to Enter The Sandbox Metaverse

Hong Kongs MTR Corporation has become the first global transport operator to join The Sandbox metaverse to create new and immersive experiences in the virtual world.　　The Corporation announced its partnership with The Sandbox on Thursday, April 21, and said that it will explore the metaverse and create new and immersive experiences in the virtual world.　　The Sandbox is a decentralized gaming virtual world and a Hong Kong-based Animoca Brands subsidiary.　　“We are excited for the strategic partnership with The Sandbox to embark on our new journey in the metaverse and engage customers in a brand-new way,” said Dr Jacob Kam, Chief Executive Officer of MTR Corporation.　　The MTR Corporation plans to build a railway-focused virtual space in the metaverse to create unique immersive experiences through gamification and engage creators to collectively build this new community platform.　　In a phone interview with Blockchain.News, the Corporation said that details about the future plans are yet to be released and currently the partnership is building a bigger roadmap for the coming years.　　The future potential of the metaverse in enhancing Hong Kongs transport system is also yet to explored, Blockchain.News added.　　The Corporation has also acquired a plot of land in The Sandbox metaverse where the company plans to

2022-04-26Malalim na Pagsisid

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