CARDANO NEWS

Cardano to Manage Future Traffic on Blockchain

Leave a comment

Cardano founder said that hydra will handle future traffic on Cardano Blockchain. In the most recent “Ask me anything” session, Charles Hoskinson shared his upcoming development work on the Cardano Blockchain network.

Charles Hoskinson, CEO of IOHK Global team & founder of Cardano, revealed on YouTube in the last AMA session. However, he did not live from his native Colorado. He aired the AMA session directly from Ethiopia as he was in Ethiopia as part of the Cardano Africa Tour.

Through the live session, Charles Hoskinson shared information about the many development work in Cardano, especially the necessity of Hydra for Cardano.

Above all, he appreciated the enabled “ERC-20 converter tool” bridge between Ethereum and Cardano to enable ERC-20 token users to take advantage of transacting on Cardano Blockchain with very low fees.

In addition, Charles Hoskinson said that the large crypto adoption traffic of transactions is increasing rapidly and will be at a high level in the future. The latest Alonzo upgrade that enables Hydra is a huge need for the Cardano blockchain.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

POLITICS

Australia looks positively on crypto ETFs

Leave a comment

The new guidance provided by the Australian Securities and Investment Commission (ASIC) approves the creation of ETFs that invest directly in cryptocurrencies, as well as indirectly, such as mining pools and crypto exchanges.

The guidelines provided by ASIC came after the successful opening of two Bitcoin (BTC) ETFs from ProShares and Grayscale in the US last week.

Until recently, crypto regulation in Australia was behind the curve. Last week, Liberal Senator Andrew Bragg released a report saying “If Australia can create a forward-looking environment, the potential economic opportunities are huge” for new and emerging digital asset products.

“It is clear that Australia needs a robust policy and regulatory framework for digital assets to protect consumers, encourage investment in Australia and enable enhanced market competition,” he said.

The crypto industry is already booming in Australia. According to a recent survey, 17% of the population has already invested in cryptocurrencies, while another 13% said they plan to buy crypto within a year. With ASICs ETF guidelines, this number is likely to increase even more.

source: yahoo (Elliot Shirnia)

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

POLITICS

South African Pension Funds To Be Banned From Crypto Investment

Leave a comment

South African Pension Funds Will Be Banned From Crypto Investment, Draft Rules State. “A fund cannot directly or indirectly invest in crypto assets”

South African pension funds will be prohibited from investing in cryptocurrencies under the new draft rules.

This will replace existing legislation that allows portfolio managers to invest up to 2.5% of funds in crypto as part of an umbrella “other assets” category.

The South African government defines a crypto asset as “any digital representation of value not issued by a central bank, but which can be traded, transferred or stored electronically by natural and legal persons for the purposes of payment, investment and other forms of benefit”. ; It applies cryptographic techniques and uses distributed ledger technology.”

Such a broad definition points to the ban extending to non-tradable tokens (NFTs) and similar tradable digital assets.

Financial regulators in South Africa have noted in recent months that there will be an acceleration in crypto regulation in response to retail investors being scammed by fraudulent investment firms.

Source: coindesk.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Burger King partners with Robinhood

Leave a comment

Burger King has partnered with Robinhood to offer millions of crypto rewards Burger King customers will be handing out cryptocurrency gifts. If they spend more than $5 in the Burger King store or app or website, they can enter to win 20 bitcoins, 200 Ethereum or 2 million DOGE.

Burger giants are starting to distribute giveaways to win over indecisive consumers who are increasingly inclined to digital ordering. The UK Royal Perks, for example, offer a chance to win 10 crowns for each purchase. Crowns can be redeemed for free food and drinks. Members can also receive limited-time-only specials and free daily benefits.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

VIDEO

Redefining DApp discovery: Bringing DApps to the mass market Video

Video Leave a comment

To learn even more about certification levels, and meet some of the partners on the program, make sure you watch the certification session from the Cardano summit.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Crypto mining stock, three stocks you should follow. Hut 8, RIOT, ARBK

Leave a comment

Bitcoin has gained 109% so far this year, and TipRanks has revealed three crypto mining companies to watch. According to the platform, these are Strong Buy stocks with strong upside potential.

Hut 8 Mining Company
Hut 8 Mining is one of North America’s pioneers in mass scale mining. It focuses on Bitcoin and Ethereum mining and provides investors with easy access to the crypto market. The hash rate for BTC is 2.5E/H PH/s and for ETH 1,600 GH/s. Hut 8 uses a combination of high-end ASIC and GPU mining equipment to stay ahead of the competition.

Riot Blockchain (RIOT)
Riot Blockchain is the largest Bitcoin miner in the US. It focuses on improving hash rate and infrastructure capacity. Currently, Riot consumes 73 megawatts of power in its mining operations. It has a hash rate of 2.2 exahash per second and an efficiency rating of 30.1 W/TH. This company’s stock also receives a Buy rating from Brendler and four other analysts. The stock has the potential for a 71% year-on-year increase with shares selling for $27.22 and an average price target of $46.60.

Argo Blockchain (ARBK)
Argo Blockchain is a London-based crypto miner with facilities in Quebec and Texas. They operate world-class 45-megawatt Bitcoin mining servers in North America and have a hash rate of 1075PH, ranking them among the top 0.7% of Bitcoin miners in the world. They earned $112.5 million in gross revenue after being listed on the NASDAQ.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Crypto Island Announces Its Establishment

Leave a comment

Crypto Island (CISLA), The World’s First Private Island Acquisition and Decentralized Project, Announces Its Establishment. Crypto Island, a blockchain-based project run by its community, offers investors and crypto enthusiasts the chance to co-own the world’s first community-owned decentralized private island.

The highly anticipated startup of Crypto Island went official this week as their newly established legal structure is set for release. In detail, Crypto Island will legally form an independent entity on behalf of Crypto Island Group Incorporated. This entity will function as a token issuer in a very complex corporate structure set up to make it possible to tokenize ownership of the island.

With this company structure, Crypto Island is the first project to set up a structure to actually use a functional way to tokenize real estate. With this merger, Crypto Island is one step closer to achieving its goals of acquiring the first decentralized private island.

chart coinmarketcap

Dan Bouwer, one of the founders and current CEO of Crypto Island, is delighted with the acceptance and is confident that it will take the concept of a cryptocurrency-based community to the next level.

ALTCOIN NEWS

Famous analyst Michaël van de Poppe warns Shiba Inu (SHIB) investors

Leave a comment

A famous crypto analyst, Michaël van de Poppe, announced that he is not a fan of the meme coin Shiba Inu (SHIB), which has hit a big break this week, and warned investors.

Michaël van de Poppe has warned his 458,400 Twitter followers not to fall into the trap of potential FOMO on SHIB. The analyst also said that he hopes SHIB will disappear and it is better to look for other opportunities instead.

Michaël van de Poppe also said: “SHIB experienced a heavy correction of about 30-40% in a few hours. I hope you didn’t buy it last night after feeling the FOMO about investing in that cryptocurrency. There are lots of other great opportunities around.”

Michaël van de Poppe on the SHIB rally; He expressed disappointment that SHIB is diverting attention from other crypto projects involving decentralized finance (DeFi), decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs). completed it.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

POLITICS

The European Central Bank starts working on the Digital Euro

Leave a comment

The European Central Bank (ECB) has announced that it has established the Digital Euro Market Advisory Group. The Advisory Group will advise the bank on how they can add value to the central bank digital currency offering.

Among those elected to the advisory group are members of banking and economic institutions known in Europe. Among the elected are members of banking and economic institutions known in Europe, such as Société Générale, Nordea, Intesa Sanpaolo, Swedbank, La Banque Postale and Deutsche Bank. Roberto Catanzaro of the Nexi Group, a company that has announced that the digital euro is involved in the design stages, is also part of the council. The group will host at least quarterly meetings starting next month.

According to the statement, 30 members of the advisory group will advise the ECB on how it can be modified to better address the needs of different sectors in the eurozone. It was stated that the issues identified as a result of these group meetings will be moved to the Euro Individual Payments Board, a corporate forum that discusses individual payments, and the payments area will also be addressed specifically.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Crypto.com launches $100 million ad campaign with Matt Damon

Leave a comment

Crypto.com stock market, which makes serious investments especially in sports, plays the famous US actor Matt Damon in his latest advertisement. Crypto.com reported that it has allocated a budget of $100 million for its advertising campaigns.

Crypto.com has launched a massive global ad campaign using the phrase “Fortune favors the brave”. Speaking to CoinDesk, one of the company spokespersons said that the exchange has allocated a budget of $ 100 million for the global campaign, and the project covers 20 countries.

The commercial, starring the famous US actor Matt Damon and shot by Oscar-winning director Wally Pfister, was officially announced by Crypto.com today and published on its social media account.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

AdaCoinLive, – Cardano News

  • Bitcoin (BTC) $ 62,197.00 0.98%
  • Ethereum (ETH) $ 3,424.69 0.36%
  • BNB (BNB) $ 579.93 0.81%
  • Solana (SOL) $ 153.92 4.91%
  • XRP (XRP) $ 0.485394 1.86%
  • Toncoin (TON) $ 8.09 4.2%
  • Dogecoin (DOGE) $ 0.125310 1.67%
  • Cardano (ADA) $ 0.421678 4.18%
  • Avalanche (AVAX) $ 28.86 0.36%
  • TRON (TRX) $ 0.129098 1.1%
  • Shiba Inu (SHIB) $ 0.000017 2.01%
  • Polkadot (DOT) $ 6.50 2.45%
  • Chainlink (LINK) $ 14.47 1.15%
  • Polygon (MATIC) $ 0.572298 2.73%
Exit mobile version