Busking on Bitcoin: How Lightning Network outperforms Ethereum for tipping
A busker in British Columbia got a lesson in the Lightning Network after a passerby offered to send some Bitcoin his way. Go to Source Powered by WPeMatico
Month: July 2022
Liquidity protocol uses stablecoins to ensure zero impermanent loss
The cross-chain liquidity protocol has put special focus on user experience with a simple user interface without them having to deal with complex virtual networks. Go to Source Powered by WPeMatico
Aave taps Pocket Network to beef up decentralized app development
Aave will leverage Pocket’s distributed network of 44,000 nodes to access on-chain data from various blockchains. Go to Source Powered by WPeMatico
Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function
The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial institutions to change the way they operate. According to Emefiele, this requires the central bank’s monetary policy committee (MPC) to rethink the way it regulates the financial system. … Read more
ApeCoin price eyes 45% rally following Otherside metaverse demo
APE has been pursuing a rare ascending triangle reversal breakout, with its profit target at $8.40. Go to Source Powered by WPeMatico
Bitcoin is for billions: Fedimint on scaling BTC in the global south
A community custody protocol, Fedimint wants to scale the Bitcoin network to a billion users located in the global south. Go to Source Powered by WPeMatico
Dubai to ramp up metaverse efforts with 40,000 new jobs
The emirate launches its Dubai Metaverse Strategy to create more than 40,000 virtual jobs by 2030. Go to Source Powered by WPeMatico
100X Bitcoin energy use would mean ‘absurd’ $20M BTC price — developer
For Bitcoin energy usage to increase to absorb more of the world’s waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost. Go to Source Powered by WPeMatico
Dubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE
The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE). The provisional licence allows OKX to extend certain exchange products and services to pre-qualified investors and financial service providers. OKX Allowed to Extend Certain Exchange … Read more
Yuga Labs warns of ‘persistent threat group’ targeting NFT holders
The warning comes only days after hackers compromised the website of Premint NFT, making off with more than 300 NFTs and $375,000 of Ethereum. Go to Source Powered by WPeMatico