May 2022 - Cryptolifedigital

SHIB Wrapped on BNB Chain Can Now Be Used for Payments via This Company: Report

31May

By Cryptolifedigital2 Comments

Cryptocurrency

SHIB Wrapped on BNB Chain Can Now Be Used for Payments via This Company: Report

In a recent blog post, NOWPayments has spread the word that it is now aiding businesses to accept SHIB wrapped on the BNB Chain (formerly, Binance Smart Chain, BSC) with fees lower and speeds higher than Ethereum. This implies that SHIB BSC is a cheaper alternative to the original Shiba Inu token. NOWPayments is now enabling businesses to set up a payment gateway for SHIB BSC. Read Also: Can Cardano’s smart contracts soon compete with Ethereum? https://twitter.com/NOWPayments_io/status/1531603846056787968 Although, the firm warns that SHIB BSC being less famous than the original SHIB meme coin raises certain difficulties for businesses, which are, however, quite solvable. The first one is that SHIB BSC is traded not on as many exchanges as Ethereum-based Shiba...

Can Cardano’s smart contracts soon compete with Ethereum?

31May

By CryptolifedigitalNo Comments

Cryptocurrency

Can Cardano’s smart contracts soon compete with Ethereum?

Cardano is a particularly interesting cryptocurrency that finally implemented smart contracts in its blockchain last year. This caused the price of Cardano’s ADA token to increase massively. Many saw and still see Cardano as the “Ethereum killer”. But can Cardano’s smart contracts lead to Ethereum being replaced in the future? In this article, we discuss whether the smart contracts at Cardano can lead to Cardano replacing Ethereum in the future. Read Also: 29 Shopping Malls and 13 hotels Can Now Accept Dogecoin, Bitcoin, and Ethereum, Payments Via Binance Pay What is Cardano? Cardano is a blockchain network that is characterized by the fact that it is technically excellent, secure, and scalable. Cardano was founded in 2017 by Ethereum co-founder Charles H...

29 Shopping Malls and 13 hotels Can Now Accept Dogecoin, Bitcoin, and Ethereum, Payments Via Binance Pay

31May

By Cryptolifedigital3 Comments

Cryptocurrency

29 Shopping Malls and 13 hotels Can Now Accept Dogecoin, Bitcoin, and Ethereum, Payments Via Binance Pay

Dubai-Based Shopping Mall and Retail Conglomerate, Majid Al Futtaim Will Now Accept Shiba Inu’s rival Dogecoin (DOGE), Bitcoin (BTC), And Ethereum (ETH) as Payment via Binance Pay. https://twitter.com/cz_binance/status/1531582484554600450 Shiba Inu’s rival Dogecoin (DOGE), Bitcoin (BTC), and Ethereum (ETH) can now be accepted at 29 shopping malls, 13 hotels, and four mixed-use communities in the United Arab Emirates a retail conglomerate Majid Al Futtaim signed a partnership with a blockchain ecosystem and cryptocurrency infrastructure provider, Binance. Read Also: Shiba Inu Founder Disappears From Social Media – Gone ‘Without Notice’ Dubai-based shopping mall and retail conglomerate, Majid Al Futtaim partnered with Binance to accept Dogecoin (DOGE) along with other major cr...

Terra Luna 2.0 Recovers Over 100% In 24 Hours, Here’s The Reason

31May

By Cryptolifedigital2 Comments

Cryptocurrency

Terra Luna 2.0 Recovers Over 100% In 24 Hours, Here’s The Reason

Terra’s LUNA 2.0 token rallied sharply in the last 24 hours after the blockchain said it will rectify certain shortfalls in its recent airdrop. LUNA spiked as much as 100% to reach an intraday high of $11.97, from a low of $5.86. The token is now trading at $8.57- up 40% in the past 24 hours, according to data from Coinmarketcap.com. The token’s rally was triggered just after Terra said on its official Twitter handle that it is actively working towards ensuring its recent airdrop is correctly distributed. Read Also: Shiba Inu Founder Disappears From Social Media – Gone ‘Without Notice’ https://twitter.com/terra_money/status/1531410663674888192 The move is in response to several holders complaining that they received less LUNA from the airdrop than they wer...

Shiba Inu Founder Disappears From Social Media – Gone ‘Without Notice’

31May

By CryptolifedigitalNo Comments

Cryptocurrency

Shiba Inu Founder Disappears From Social Media – Gone ‘Without Notice’

The Shiba Inu community is left wondering what may have prompted Ryoshi, the founder of one of the most popular dog-themed meme coins, to delete all of his tweets and posts on Monday. The pseudonymous founder has removed all Shiba Inu-related blogs, including the original version of “All Hail the Shiba.” All four SHIB blogs have been removed from the Medium platform, and the page now displays the following message: “410. User deactivated or deleted their account.” Read Also: Cardano Development Activity Hits ATH And ADA Overtakes BUSD And XRP to Become Sixth-Largest Crypto Shiba Inu (SHIB) Price Unaffected From the perspective of the SHIB community, the founder’s abrupt departure has not affected the price of the SHIB coin. Currently, the coin is up almost 6 percent,...

Cardano Development Activity Hits ATH And ADA Overtakes BUSD And XRP to Become Sixth-Largest Crypto

31May

By CryptolifedigitalNo Comments

Cryptocurrency

Cardano Development Activity Hits ATH And ADA Overtakes BUSD And XRP to Become Sixth-Largest Crypto

Cardano’s constant development seems to be paying off as the cryptocurrency overtakes two others to become the 6th largest crypto by market capitalization. Following a 25% spike in the last 24 hours, Cardano (ADA) from 8th position to 6th, usurping Binance USD (BUSD) and Ripple (XRP) along the way. After adding over a billion dollars in the last 24 hours, Cardano currently boasts of a market capitalization of $20.6 billion. Read Also: Ethereum (ETH) Rebounds 7% To Over $1900, Here’s Why The price of ADA has gained massively in the last 24 hours. In the past day, ADA has moved from a low of $0.517 to a high of $0.665. At the time of writing this line, the cryptocurrency is changing hands at around $0.653, according to data on Coingecko. The development comes less than 24 hours aft...

Ethereum (ETH) Rebounds 7% To Over $1900, Here’s Why

30May

By CryptolifedigitalNo Comments

Cryptocurrency

Ethereum (ETH) Rebounds 7% To Over $1900, Here’s Why

Ethereum (ETH) staged a strong recovery from recent losses, tracking a broader gain in crypto markets. The world’s second-largest cryptocurrency jumped 7% to trade above $1,900 for the first time since sinking to a 14-month low last week. Read Also: 96 Million Shiba Inu Burnt In 24 Hours, 2.41 Billion in 7 Days: Contribution Details A bulk of this crash came after a bug in the ETH Beacon chain raised concerns over the stability of a full switch to proof-of-stake. But more recent data shows that despite doubts through last week, staking and DeFi interest in ETH has remained resilient. This is also factoring into ETH’s price action, with traders hoping that its switch to PoS- ETH 2.0- can support DeFi after the Terra crash. ETH staking grows ahead of the merge On-chain ...

BabyDoge Holder Count Spikes to 1.5 Million ATH, Surpassing Shiba Inu

30May

By Cryptolifedigital3 Comments

Cryptocurrency

BabyDoge Holder Count Spikes to 1.5 Million ATH, Surpassing Shiba Inu

As stated by a tweet posted by the user, "BabyDoge support," the amount of wallets holding these small-cap canine tokens has increased by roughly 200,000 since February of this year. BabyDoge holder count hits new ATH The tweet shows that, currently, a total of 1,550,000 addresses hold BabyDoge meme coins. As reported by Cryptolifedigital at the onset of February, back then, the total holder count for this cryptocurrency amounted to 1,360,410 wallets on the BNB chain—the native blockchain on the coin was built. Read Also: STEPN To Block Users From Mainland China To Comply With Crypto Regulation https://twitter.com/babyDge/status/1530989297557708800 The growth of almost 200,000 since February. Still, the absolute majority of the BabyDoge supply (1,000,000,...

STEPN To Block Users From Mainland China To Comply With Crypto Regulation

30May

By Cryptolifedigital3 Comments

Cryptocurrency

STEPN To Block Users From Mainland China To Comply With Crypto Regulation

As stated by Dune Analytics, the game has over 580,000 users with 39,000 active users in the last 24 hours. STEPN, a famous “move to earn” game co-founded by Jerry Huang and Yawn Rong, Chinese entrepreneurs based in Australia, and launched in December has announced plans to block users from mainland China. This is in response to the crypto-related regulations introduced by the country’s authorities. Last year, 10 government authorities, including the People’s Bank of China (PBOC), warned that cryptos are not legal tender. Read Also: Can Terra’s LUNA 2.0 price pump back to $30? As stated by the notice, any crypto-related transactions in China are considered illegal, and this is also valid when an offshore exchange provides services to a Chinese national. It was fu...

Can Terra’s LUNA 2.0 price pump back to $30?

30May

By Cryptolifedigital3 Comments

Cryptocurrency

Can Terra’s LUNA 2.0 price pump back to $30?

LUNA 2.0 price is consolidating below the midpoint of the recently formed trading range after the airdrop from last Saturday. Investors are advised to remain patient and wait for a directional bias to develop before getting into new trading positions. Read Also: $XRP: RippleNet General Manager: We Have Bigger Ambitions Than Replacing SWIFT How the TerraUSD (UST) de-peg crash transpired Trouble and doubt first began for LUNA when Terraform Labs founder Do Kwon made a public bet of $1 million with a Twitter user Algod that the price of LUNA would be higher than on the date of the bet, March 14. https://twitter.com/AlgodTrading/status/1503103705939423234 Soon after GCR another Twitter user joined hands with Algood and ponied $10 million for the...