Tag Archives: Featured

ALTCOIN NEWS

Reddit co-founder Alexis Ohanian to invest in Solana blockchain

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News has begun to spread that Reddit co-founder Alexis Ohanian will be investing in some kind of decentralized social media creation using the Solana blockchain.

“One of the reasons I am here is to announce that we have set aside $50 million to invest in the next social media creation built on Solana,” Reddit co-founder Alexis Ohanian said during talks with Solana co-founder Raj Gokal. used his words. During the conversation, Ohanian added that $50 million is not enough and that his plans are to increase the fund to $100 million.

After Facebook’s metaverse announcement, social media giants started to make big investments in Defi and Metaverse. It seems like the Metaverse will enter our lives very quickly.

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

New blockchain game coming in line with Binance NFT

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We learned that a brand new blockchain game is coming on Binance NFT. NFT continues to enter our lives rapidly.

Using advanced blockchain technologies, digital genetics and location-based technologies, Krytomon takes the evolution of cryptocurrency games to the next step. It moves forward with the goal of bringing NFTs to life by taking the best of Pokemon, Tamagotchi and CryptoKitties. The Kryptomon is a one-of-a-kind digital creature connected to the NFT and produced with a unique genetic code. Because cryptomonies are living creatures, they need training and care to be nurtured, healed, and strengthened. As such, they take the NFT concept one step further.

Since its inception, Kryptomon has partnered with Binance NFT, the official NFT market of the world’s largest cryptocurrency exchange, to launch an exclusive sale of 2,000 Kryptomon eggs exclusively for Binance users. The Kryptomon team sees this collaboration as their first step on the world stage. He brought the project to the attention of both NFT players and collector communities.

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

What is the importance of the Theta network in metaverse growth?

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After Metaverse changed its Facebook name to META, META became the center of attention. However, an important difference here is that it is an enhanced version of Virtual Reality. The idea for the metaverse was first introduced in Neal Stephenson’s 1992 cyberpunk novel Snow Crash. Based on the book, the metaverse was created as a shared fictitious space open to the public over the worldwide fiber optic network. After this novel, it inspired games such as Second Life, which had an impact in the early 2000s.

Since then, the blockchain space has been following the metaverse for some time. Just like cryptocurrency, blockchain allows metadata centers to be made more decentralized with their transactions.

Metaverse and Theta
Metadata repositories and metadatabase-based projects continue to increase. Theta, on the other hand, plays an important role in strengthening the data ecosystem. Theta’s significant number of simultaneous users make it an ideal choice for peer-to-peer (P2P) video and information distribution.

The Theta ecosystem is increasing day by day. Over the past years, technologies have been developed that form the basis of the metaverses created today. So theta is quite important for the metadata store.

Last month, Theta hosted a metaverse nightclub with Decentral Games. A partnership was established with Amnesia Ibiza from Spain, one of the most famous nightclubs in the world. Well-known international DJs such as Yves V, Benny Benassi and Paul Van Dyk took part in the virtual music festival.

More and more virtual events are taking place every day. As a result, this idea can be further developed and used in P2P distribution. In this way, people will be able to both earn TFUEL and have fun.

An important feature to mention is having a patented NFT DRM technology that will be included in the Theta ThetaPass ticketing system. This way, people will be able to use NFTs as special tickets to attend exclusive virtual live events.

While the end of innovation remains in sight, Theta continues its pursuit of technological advancement. For this reason, Theta sees it as an important tool to unleash the full potential of the metaverse, the virtual world of the future.

Source: www.coinquora.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

ALTCOIN NEWS

Ethereum hits new record, bitcoin hits 3-week high

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Bitcoin rose to an all-time high on Monday. While experiencing positive news and inflation fears, Ethereum hit a new record. Bitcoin surged as high as $66,538 while approaching the old record level of $67,016.50.

Ethereum is up 58% since the beginning of October. Also, due to developments in the USA, bitcoin increased by about 51%. “Financial institutions want to be a part of it, regulators don’t want to push it too hard,” said Kyle Rodda, analyst at broker IG Markets. “We’re almost past the inflection point where it’s part of the system and it’s going to be very, very difficult to recover.”

In addition, Australia’s largest bank announced that it will offer crypto trading to its retail customers. There were positive developments regarding Bitcoin in other countries as well. A week ago, Eric Adams, Mayor of New York, said he would receive his first three paychecks in bitcoin. In the USA, the mayor of Miami made a similar statement.

Countries and many municipalities around the world are planning to make their cities “centres of the cryptocurrency industry”. We see that crypto technology is growing very rapidly.

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

Cronos launches to connect Ethereum and Cosmos ecosystem

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Cronos announced the launch of its beta mainnet between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems. The launch of Mainnet will allow developers to move decentralized application (DApp) and smart contracts from Ethereum and EVM compatible blockchains to the Cronos network at low fees and high speed, thanks to the Inter-Blockchain Communications (IBC) protocol integration. Thus, access to Crypto.com’s large customer base of 10 million will be provided.

Developed on the Cosmos blockchain and based on Ethermint, Cronos operates side by side with the Crypto.com chain. In the days before the mainnet launch, the Cronos team published a Medium post to explain the complex process of bridging assets on different chains, such as transferring the platform’s token CRO from the Crypto.com ecosystem to Cronos or between the Crypto.com chain and the Cronos chain via IBC.

Cronos announced its testnet services in July this year. Blockchain has since processed 1.5 million transactions for over 600,000 addresses. Crypto.com Co-Founder and CEO Kris Marszalek said at the time that a boom in activity on Cronos was expected and promised developers that they would support their projects from start to finish.

Since its launch, the Cronos ecosystem has attracted more than twenty validator ecosystems, including Bison Trails, Chainlink, Band Protocol, Metamask, and Crypto.com, while also collaborating with many DeFi, NFT, and gaming projects.

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.

CARDANO NEWS

Let’s follow the Cardano blockchain developments in cryptocurrencies

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The use of crypto will increase in the near future, and by surpassing cash, crypto will be available everywhere. Check. Traditional money is resisting cryptocurrency, but it seems unlikely to prevent it. Everything is going digital in our lives, it is very normal for financial transactions to be digitized.

In cryptocurrencies, the Cardano blockchain serves a convenient purpose, as does Ethereum. While ADA-USD is the cryptocurrency that fuels it. Investors can own coins that appreciate over time just like any other asset.

Why should you bother? If you had done this about a year ago, you would have gotten a 1600% return on your investment. Investors need to change their perceptions and delve deeper into crypto opportunities.

Cryptocurrency technology is pushing the boundaries of financial technology. This comes into play with legacy processors like Square, Paypal, Visa and MasterCard. A much better investment assets than traditional money as we know it.

We know ADA is a crypto worth having, those who don’t will soon see that. There are very serious developments in Africa and in many countries. We think it should be in your crypto basket with its technological infrastructure and robust updates.

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.

CARDANO NEWS

Raoul Pal Thinks Cardano, Solana, Avalanche, and Terra Will Rise

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Raoul Pal, known to those interested in crypto money, said that Cardano (ADA), Solana (SOL), Avalanche (AVAX) and Terra (LUNA) could rise in this bull cycle.

In his interview, Raoul Pal talked about the possibility of a long bull market by June 2022 that could potentially push Ethereum as high as $40,000.

Raoul Pal said: “I think almost certainly by March but possibly by summer, which will give us higher prices and a different cycle structure than we’ve seen before. I could be wrong. I’m not betting on everything. But I think it could be like this. If I’m right about the adoption of the network, then other layer-1s like Solana, Terra, Avalanche, Cardano and others will be great explosives.”
“But on a risk-reward basis, they’re riskier. They are not as deep a network as Ethereum. For me, Ethereum remains the best option in the world from a risk-adjusted perspective.”

Source: https://www.coinkolik.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.

CARDANO NEWS

Cardano Community: We released the beta version of the integrated PAB

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Announcement on Cardano Community twitter account: Today we have released the beta version of the integrated PAB and now we invite our developer community to try it on the Cardano Thumbs up bicepstest network, take the steps and provide us with their feedback.

2020-11-05 PAB Release Notes
This release demonstrates integration with the cardano-wallet backend via the, and endpoints. It also adds a tool to set up and test this integration on a local “private testnet” and a collection of scripts to demonstrate this process end-to-end on the public testnet.

IMPORTANT: This is the first version with support for cardano-wallet. Please use this version with caution and we recommend using it on a testnet only.

New Features and Fixes: 2021-11-05 PAB Release

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.

CARDANO NEWS

ADALend Announcement: Upcoming Cross-Platform Development

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ADALend, which is currently in the process of developing a decentralized finance (DeFi) project, has announced plans to begin development of its cross-platform integrations very soon.

Cross-platform integrations will simplify and enable access to decentralized financial services by a broader segment of users worldwide.

Javed Khattak, Managing Director of ADALend, previously announced that ADALend will work on the user experience and simplicity of the UI and platform, providing less barriers to entry for traditional users to get involved in decentralized finance.

Source: www.adalend.finance

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

Ethereum ETF approval may come before Spot Bitcoin ETF

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The SEC has yet to give an approval for the Ethereum ETF. Bitcoin ETF are viewed positively, but no clear statement has yet been made. But ETF is not falling off the crypto agenda. Grayscale, on the other hand, thinks that a Bitcoin-based ETF will be more effective.

Bloomberg Intelligence, on the other hand, recently published a report investigating why a spot bitcoin ETF is less likely than an Ethereum ETF. The report laid out the reasons why they believe Ethereum ETFs are much closer to us than Spot Bitcoin Funds. Considering that the language in Bitcoin and Ethereum ETFs is almost the same, Ethereum ETFs are more likely to be released soon.

Bloomberg analysts have said that an Ethereum ETF will be approved as early as the first quarter of 2022, before the market sees a spot bitcoin ETF. The SEC’s slow movement delays EFT and many plans a lot.

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.