Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K
The crossing of this indicator on two different timeframes has signaled to traders that short-term performance may be weakening, sparking fear in the market.
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NEXO risks 50% drop due to regulatory pressure and investor concerns
Crypto lending firm Nexo is at risk of losing half of the valuation of its native token by the end of 2022 as doubts about its potential insolvency grow in the market.Is Nexo too centralized?For the unversed: Eight U.S. states filed a cease-and-desist order against Nexo on Sep. 26, alleging that the firm offers unregistered securities…
Price analysis 8/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
After strong monthly gains in July, Bitcoin (BTC) and the altcoins have started the new month on a tentative note. Even the United States equities markets have started August on a soft note. Is the bottom in?BofA Securities head of U.S. equity and quantitative strategy Savita Subramanian said in a recent note that the stock market…
Pixel-by-Pixel, New Project Offers Game Where Crypto Players Can Create Blockchain Art
A new project is gearing up to be the “first arts and games smart economy on the EOS blockchain” — offering games and giving artists the chance to showcase their creative works and monetize their passion.PixEOS says that the first game on its platform offers a new twist on the pixel-drawing titles previously seen on…
Miners on Decentralised Storage Network Compete For 4 Million Token Prize
It’s a different kind of Space Race. 667 Total views 10 Total shares Filecoin, a blockchain-based decentralized storage project, is officially launching its testnet- Space Race to test out the network before the mainnet launch.As promised, Filecoin will start its testnet launching competition. It encourages global miners for the next three weeks to be competing…
Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges
The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to appease regulators that require specific licenses to offer financial services to…
Could centralization be the silent killer of AI and cloud innovation?
Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence.
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. 2484 Total views 6 Total shares Decentralized finance (DeFi) liquidity hub Kyber Network (KNC) is set to become the next DeFi protocol to enter the expanding Polygon (MATIC) ecosystem.In a statement issued on Wednesday, Kyber announced…
Project Uniting Creatives Via Reward-Based Payments Launches Alpha Version Platform
Qravity, a project that facilitates the production and distribution of digital entertainment, has launched a demo version of its platform, which enables decentralized creative teams to collaborate on content production and earn royalties for their work. Their white paper describes how Qravity will “provide a space for creative visionaries to collectively develop monetizable digital content”…