Ethernity, the online community platform renowned for the issue of authentic aNFTs of limited edition, is now focusing on incorporating Chainlink for the safe and secure minting and price assessment of aNFTs. aNFTs is known worldwide to represent the foremost artists and personalities of the digital..
Fiat-to-crypto onramp provider Simplex will now support Polkadot in its network of crypto exchanges, wallets, and brokers.
In an announcement today, Simplex said its integration of Polkadot (DOT) would allow crypto users to purchase the token with a credit or debit card, Apple Pay, or bank transfer. The financial institution is aiming for “mass cryptocurrency acquisition and adoption,” saying that the addition of DOT to its list of supported digital assets would bring it closer to this goal.
Simplex provides services to other crypto exchanges including Binance and OKCoin. The firm has partnered with more than 350 crypto firms since its launch and enables the purchase of more than 50 cryptocurrencies through its network. Most recently, the payment processor has been integrated into the Opera web browser.
Projects that have joined the Polkadot ecosystem have also seen a boost in their token prices over the past few months. Ren (REN), Ocean Protocol (OCEAN) and the Celer Network (CELR) ha..
Elon Musk’s love affair with cryptocurrency shows no sign of ending after a filing with the United States Securities and Exchange Commission announced the adoption of new official titles for him and a fellow Tesla executive.
Starting Monday, Elon Musk will carry the official title of “technoking of Tesla,” while the firm’s chief financial officer, Zack Kirkhorn, will officially be known as “master of coin.” The 8-K form filed with the SEC states:
“Effective as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively.”The filing also states that Musk and Kirkhorn will retain their current respective positions as CEO and chief financial officer.
With no sign of an accompanying tweet that the Tesla CEO has become famous for, onlookers can only speculate as to why Musk and Kirkhorn have adopted the new titles.
In early February, Bitcoin's (BTC) spot price increased by $3,000 in a matter of minutes when news brok..
The Binance Smart Chain (BSC) has been witnessing increased activity at a breakneck speed in the past few days, courtesy of the outrageous gas fees that have rendered Ethereum-based AMM-DEXes totally unusable by smaller retail traders who have switched focus to the BSC network, having recognized its..
After rallying more than 100% in 2021, Bitcoin (BTC) seems to be struggling to turn the $60,000 level into support. After all, what is so special about this magic round number and its accompanying $1 trillion market capitalization?
Gold's $11 trillion market cap might hold the answer, as Bitcoin's current trading volume and the amount held by institutional investors seem to match 10% of the precious metal's numbers.
Technical indicators and derivatives data provide interesting short-term insights. But to analyze cryptocurrencies in a broader context, one should focus on market capitalization, precious metals and global wealth.
More Bitcoins than in 2017Keep in mind that the 18.67 million current BTC circulating supply is 11.2% more than existed in December 2017. Therefore, using unitary prices for longer-term comparisons can be misleading.
Bitcoin market capitalization, USD billion. Source: TradingViewThe $1.1 trillion valuation translates into a 250% increase from Dece..
Shinhan Bank, South Korea’s largest financial institution by total assets, has joined the governance council overseeing the Hedera network.
In an April 14 announcement, Shinhan announced it had become the latest member of the Hedera Governing Council to expand its efforts in the field of “digital transformation.” Hedera touts its hashgraph as an enterprise-grade blockchain platform capable of processing thousands of transactions per second.
Shinhan representatives emphasized growing client demand for enhanced efficiency and security in financial services, stating:
“Hedera's public distributed ledger in particular is uniquely suited to meet the needs of a widely-used fintech service that must be fast, fair, secure, and enable the controls and visibility required by service providers.”The bank will now begin integrating Hedera into its systems to “increase the efficiency of its internal processes.”
Shinhan, which ranked as the world’s 61st-largest bank with $478.5 billion in assets..
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