Why is the crypto market down today?
The crypto market is down today as an unexpected sharp sell-off triggered a wave of liquidations in the derivatives market.
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DappRadar and LayerZero launch chain-agnostic staking token
A new staking mechanism through RADAR token has been created that is set to minimize gas fees and support recurring APR across multiple blockchains. 405 Total views 4 Total shares DappRadar and omnichain interoperability protocol LayerZero have launched a new token to enable cross-chain staking across multiple blockchains and Ethereum Virtual Machine (EVM)-compatible networks —…
MXC’s 200% gain hints that LoRaWAN IOT mining projects could rally in 2022
Cryptocurrency mining has become a hot topic of conversation over the past couple of years due to its lucrative nature and the impact the industry has on the environment. The emergence of Web3 and the increased presence of Internet of Things (IoT) devices has led to a new class of low-cost mining protocols with low-power network…
All Top 10 Cryptocurrencies in Green, Bitcoin Breaks $6,500
Friday, Aug. 17: all top ten cryptocurrencies by market cap have seen green today, with Ripple (XRP) and EOS up over 15 percent over the past 24 hours, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) keeps gaining momentum, seeing a steady growth today with its price hovering around $6,500 point. The top cryptocurrency…
Kazakh crypto miners plead with President to cut energy prices
Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev. In Kazakhstan, the world’s third-largest market in terms of Bitcoin mining hash rate, the local crypto-mining operators are complaining about the high energy prices to the national leader. According to the local media, eight major cryptocurrency mining operators signed an
Metaplex NFT marketplace launches on Solana
“NFTs present a real opportunity for artists to create and derive more value than ever before, and we saw an opportunity to solve the existing challenges and barriers to entry that many are currently facing with Metaplex,” said Raj Gokal, COO of Solana Labs. 2288 Total views 2 Total shares A nonfungible token marketplace by…
Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief
The underpinning technology for the U.K.’s CBDC could use an alternative to blockchain technology. The Bank of England (BoE) has made significant developments in its central bank digital currency (CBDC) program. Tom Mutton, director of fintech at the BoE, recently shared insights on the privacy aspect of the CBDC and why the central bank might look…
OpenAI co-founder’s ‘World ID’ project launches, along with SDK waitlist
Crypto unicorn Worldcoin has launched a waitlist for its “World ID” software development kit (SDK) — which will allow websites to verify the uniqueness and humanness of its users without storing their personal information. The company has also launched the World ID software itself, allowing end users to obtain their "World ID" immediately, according to a March…
Qatar exploring digital banks and central bank digital currencies
The central bank is expected to set a direction for its future focus soon, particularly on various fintech verticals. 59 Total views 4 Total shares The Qatar Central Bank (QCB) is reportedly investigating the possibility of launching a digital currency and issuing digital bank licenses. According to the head of the fintech section at QCB, Alanood…