May 2022 - Page 19 of 19 - Cryptolifedigital

XDCNFT Marketplace Launched by XinFin XDC Network

2May

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Blockchain

XDCNFT Marketplace Launched by XinFin XDC Network

Ethereum (ETH) fork XinFin XDC Network, together with its partners BlocksWorkz, is ready to unveil a novel digital collectibles marketplace XDCNFT. XinFin XDC Network launches its inaugural NFT product According to the official announcement shared by the team of high-performance blockchain platform XinFin XDC Network, its digital collectibles marketplace XDCNFT is up and running. Read Also: Here's Who Is Behind Majority of NFT Hacks and How Much They Hold https://twitter.com/BestInvest_XDC/status/1519341742159446025 BlocksWorkz tech firm, a heavy-hitting team of blockchain veterans, is a technical partner of XinFin’s NFT journey. XDCNFT marketplace works on the XRC-20 token standard, which is the brainchild of XinFin XDC Network’s engineers. On this blockchain, it...

Terra Launches Floating Interest Lending Services, Reserves Are Now at $209 Million

2May

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Cryptocurrency

Terra Launches Floating Interest Lending Services, Reserves Are Now at $209 Million

The long-awaited floating interest is now officially available on Terra via the Anchor platform. According to WuBlockchain, the current interest sits at 18% with reserves reaching $209 million. Lending and borrowing services were the most famous solutions in the cryptocurrency market, and the DeFi industry specifically, as they are the perfect tools for receiving short-term exposure to a certain asset or moving funds with no need to cash out via exchanges. Read Also: Cryptocurrencies to Be Taken by One of the World's Top Luxury Gyms https://twitter.com/WuBlockchain/status/1520956967006896129 While cryptocurrency traders and investors (borrowers) get quick exposure to assets they want, lenders are eligible to receive a stable profit from giving o...

Cryptocurrencies to Be Taken by One of the World’s Top Luxury Gyms

2May

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Bitcoin

Cryptocurrencies to Be Taken by One of the World’s Top Luxury Gyms

Equinox, one of the world’s top luxury gyms, is set to start accepting cryptocurrencies after partnering with leading cryptocurrency payment processor BitPay, according to a recent report by The New York Post. Read Also: Australia's Longest-Running Crypto Exchange Has to Treat Shiba Inu FansThe list of cryptocurrencies remains unclear. Equinox is set to make an official announcement later today. The American luxury fitness firm was founded 30 years ago in Manhattan's Upper West Side. Aside from its exorbitant prices, Equinox is also known for its controversial and provocative ad campaigns that focus to underscore wealth and excess. One of its most famous posters, which was shot by famous photographer Stephen Klein, features a nearly nude male model covered in $100 bills. &nb...

Australia’s Longest-Running Crypto Exchange Has to Treat Shiba Inu Fans

2May

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Cryptocurrency

Australia’s Longest-Running Crypto Exchange Has to Treat Shiba Inu Fans

oinJar, the longest-running cryptocurrency exchange in Australia, has announced a Shiba Inu-themed promotional campaign on the occasion of its ninth anniversary.According to the announcement, users who make a single trade on the CoinJar app this week will be able to win up to 99,999,999 million SHIB tokens (roughly $3,526 at press time). Participants will be able to increase the number of entries by making more trades. CoinJar says that one individual will be able to have a maximum of ten entries. Read Also: More Than 37 Trillion SHIB Staked on Decentralized Exchange, ShibaSwap: Report The firm reviewed its journey in the blog post, recalling that it commenced work when the price of Bitcoin was calming at around $100. It also stated how...

Robinhood Trading App Is “Unraveling” for “Disgusting” Activities, Says Charlie Munger

1May

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Uncategorized

Robinhood Trading App Is “Unraveling” for “Disgusting” Activities, Says Charlie Munger

Charlie Munger, Warren Buffett's right-hand man, and Berkshire Hathaway vice-chairman has slammed the trading app Robinhood, saying the company is now "unraveling." Munger blasted what he describes as Robinhood's "short-term gambling, big commissions, hidden kickbacks, and so on." Read Also: ApeCoin to Move from Ethereum After "Turning Lights Off," Causes Controversy Robinhood does not charge commissions to customers and makes the majority of its gains from "payment for order flow," which is a back-end fee paid to brokerages for channeling clients' trades to market makers. Munger described this as "disgusting," saying, "Now it's unraveling. God is getting just." Munger initially attacked Robinhood's practices in February 2021 amid a trading frenzy while calling the a...

ApeCoin to Move from Ethereum After “Turning Lights Off,” Causes Controversy

1May

By Cryptolifedigital1 Comment

Cryptocurrency

ApeCoin to Move from Ethereum After “Turning Lights Off,” Causes Controversy

Following one of the biggest minting events in the NFT and Metaverse industry, Yuga Labs released a statement about the minting that has caused a massive spike in transaction fees on the Ethereum network. As stated by the statement, at some point, Yuga will have to move its projects on a separate chain as Ethereum clearly could not handle the massive buying volume properly. Users who did not take part in the mint had to postpone all their transactions, as they have not moved them through with regular gas fees. Read Also: Is NFT Industry Dying? ApeCoin Rallies by 30% with No Reasons Again https://twitter.com/yugalabs/status/1520612362986078208 Yuga Labs said they are sorry for "turning off the lights on Ethereum" for a while. They have ...

More Than 37 Trillion SHIB Staked on Decentralized Exchange, ShibaSwap: Report

1May

By CryptolifedigitalNo Comments

Cryptocurrency

More Than 37 Trillion SHIB Staked on Decentralized Exchange, ShibaSwap: Report

As stated by Shibainuart, a Twitter user dedicated to the SHIB community and who usually provides updates regarding the SHIB ecosystem, more than 37 trillion SHIB are currently staked on Shibaswap. Other ecosystem tokens, LEASH, and BONE, currently have 35,533 and 66,224,009 tokens in staked supply. Read Also: Whales Holding 1.19 Trillion SHIB Buy Trendy Coins, But This Investor Sticks to Shiba https://twitter.com/shibainuart/status/1510633992764026887 ShibaSwap is Shiba Inu's native decentralized exchange (DEX). The ShibaSwap exchange, which launched in July 2021, has many of the same features as existing decentralized exchanges, such as token swapping and liquidity pools, as well as staking and governance. ShibaSwap is powered by the SHIB trifecta, the ecosystems...

Elon Musk Believes Dogecoin Could Solve Twitter’s Spam Bot Problem

1May

By Cryptolifedigital2 Comments

Cryptocurrency

Elon Musk Believes Dogecoin Could Solve Twitter’s Spam Bot Problem

In the late Tweet, Tesla CEO Elon Musk opined that solving Twitter’s spam problem can be solved with the help of Dogecoin, the largest cryptocurrency. The idea that caught Musk’s attention was originally proposed by fellow billionaire Mark Cuban. Read Also: Dogecoin Trading Volumes Spike Amid Whales' Utility: DetailsCuban proposed adding an optimistic rollup to Dogecoin. Every Twitter user would be required to put up 1 DOGE for unlimited posts. Real humans would be able to receive the spammer’s tokens after successfully contesting his or her post. Conversely, one will end up losing his or her Doge tokens if they falsely label some tweets as spam. Dogecoin co-founder Billy Markus says that he likes such an idea “a lot” in his response to Cuban. Cuban, who used to be a...

Ethereum Fees spiked 86% in Q1, 2022, $2.1 Billion in ETH Burned

1May

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Cryptocurrency

Ethereum Fees spiked 86% in Q1, 2022, $2.1 Billion in ETH Burned

The largest smart contract network Ethereum (ETH) is witnessing an Unmatched spike in activity, on-chain metrics say. Experts in t Bankless podcast shared impressive figures. NFT trading volume spikes almost 200x year-to-year: Check out the statistics Bankless, one of the most insightful podcasts on the blockchain, crypto, and Web3, shared some numbers from its State of Ethereum Q1, 2022, report. Almost every metric increased by orders of magnitude. Read Also: Ethereum co-founder speaks out against attempting hostile takeover Twitter https://twitter.com/BanklessHQ/status/1520140178878353410 To commence with aggregated network hash rate and staked ETH amount both added 111% compared to $1.7 billion one year ago. Owing to the EIP-1559 implementation, the Ethereum (E...

Cardano’s First-Ever L2 Solution Hydra to Operate in Lego-like Manner

1May

By Cryptolifedigital3 Comments

Cryptocurrency

Cardano’s First-Ever L2 Solution Hydra to Operate in Lego-like Manner

Hydra is an ecosystem of solutions designed to address scalability and security issues with Cardano (ADA), the largest proof-of-stake (PoS) network and popular smart contracts platform. Hydra to advance Cardano scalability in a Lego-like manner Following the discussion of the latest upgrades to the Cardano (ADA) blockchain and its infrastructure, an anonymous Crypto Twitter enthusiast asked IOG's Matthias Benkort (@_KtorZ_) about the details of Hydra's design. Read Also: Cardano Wallet About to Get Major Update, According to IOHK Weekly Development Activity: Details https://twitter.com/_KtorZ_/status/1520320514971119616 Mr. Benkort was asked about the modular design of Hydra that could permit the deployment of various decentralized applications (dApps) to its infrast...