Cryptocurrency Archives - Page 48 of 78

Solana Invests $100M in South Korean web3 Startups, Focus on Gaming

8Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Solana Invests $100M in South Korean web3 Startups, Focus on Gaming

Blockchain operator Solana will seed investments and grants across “all web3 verticals,” emphasizing South Korea’s crypto games development sector. The late collapse of the Terra network has triggered south Korean authorities to introduce measures to investigate crypto exchanges. Reports said that around 280,000 South Koreans had been victims of the unexpected plunge in UST and LUNA. Read Also: Cardano IOG Join Force with Colorado Satellite TV ‘DISH’ To Release A Loyalty Coin System On Blockchain Although, users are still holding strong, and investors are not backing down. The crypto decline has not left in dismay, with some clinging to the belief that it is too big to be permitted to fail. $100 million funds to support NFT, gaming, and DeFi projects Solana blockchain’...

8Jun

By Cryptolifedigital3 Comments

Cryptocurrency

Cardano IOG Join Force with Colorado Satellite TV ‘DISH’ To Release A Loyalty Coin System On Blockchain

Dish, a satellite TV network based out of Colorado, United States, is leading the pack in terms of blockchain adoption. The firm is collaborating with Cardano Input-Output Global (IOG) to bring a blockchain-based decentralized loyalty program to its user base. The system will adopt features of Cardano’s native token. It will be implemented through the identity services system developed by Atala PRISM. The two companies inked the deal back in 2021 during the Cardano blockchain summit. Read Also: Hollywood Actor Martin Lawrence Is Working on a Cardano-Powered NFT Collection. This deal was announced by Cardano's CEO and by Cardano’s IOHK on its website. https://twitter.com/IOHK_Charles/status/1534458303824134144 The CRONUS Project The mentioned MVP (Minimum Viable Pr...

229M Shiba Inu Burnt Within 24Hrs And The First-Ever Shib Burn via Amazon Commissions

8Jun

By Cryptolifedigital2 Comments

Cryptocurrency

229M Shiba Inu Burnt Within 24Hrs And The First-Ever Shib Burn via Amazon Commissions

Over 229.16 million Shiba Inu (SHIB) have been pushed out of circulation by the community of Shiba Inu token lovers. Game Developer Travis Johnson led the Burn Show from the front in the past 24 hours. $176 Worth of SHIB Burned via Amazon. As stated in a recent tweet posted by Shibburn.com, over the past 24 hours, the Shiba inu community has sent 229.16 million SHIB to unspendable wallets. Read Also: Hollywood Actor Martin Lawrence Is Working on a Cardano-Powered NFT Collection. https://twitter.com/shibburn/status/1534384740538765314 The tweet by Shibburn.com says that 229,165,044 Shiba Inu have been removed from the circulating supply and locked in dead wallets, thus making the second-largest meme cryptocurrency a little more scarce. These outcomes were achieved after 11 trans...

Hollywood Actor Martin Lawrence Is Working on a Cardano-Powered NFT Collection.

8Jun

By Cryptolifedigital2 Comments

Cryptocurrency

Hollywood Actor Martin Lawrence Is Working on a Cardano-Powered NFT Collection.

On Tuesday, June 7th, an American comedian and actor Martin Lawrence explained how he is joining the Cardano ($ADA) community. His comments were made in the course of a conversation on Twitter spaces with Patrick Tobler, Founder, and CEO of NFT-MAKER, and Charles Hoskinson, Co-Founder, and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development. Read Also: Shiba Inu ($SHIB) Comes To “The World’s Longest Running Crypto Exchange” Below are some points in the Lawrence and Hoskinson’ discussion When and How Lawrence Got Into Crypto “A couple of years ago, when my team brought NFTs to my attention.“ Lawrence’s First Impressions of Cryptocurrencies and NFTs “I want to learn m...

Shiba Inu ($SHIB) Comes To “The World’s Longest Running Crypto Exchange”

8Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Shiba Inu ($SHIB) Comes To “The World’s Longest Running Crypto Exchange”

The world’s running crypto exchange, Bistamp, has enlisted the meme-inspired cryptocurrency, Shiba Inu ($SHIB) after initially planning on doing so back in December of last year. The exchange’s announcement saying it would support SHIB included other assets that are already listed, including dYdX ($DYDX), Gala ($GALA), and Perpetual Protocol ($PERP). The exchange was founded in 2011, got registered in the UK in 2013, and in Luxembourg in 2014. It has “a global team of around 400 people” based in offices in the UK, Luxembourg, USA, Singapore, and Slovenia. It is available to people in over 100 countries and currently has over four million users around the world. Read Also: Coinbase Introduces a hub for rescinded hires to connect with the future employer https://twitter.com/Bitsta...

Dogecoin Prepares For System Upgrade Next Month

7Jun

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Cryptocurrency

Dogecoin Prepares For System Upgrade Next Month

Dogecoin (DOGE) will experience a protocol upgrade later this summer. The meme coin’s developers shared a system upgrade roadmap, which targets solving the presently existing protocol bugs and better protecting Dogecoin Core wallets users. Earlier this week Dogecoin’s developer Patrick Lodder shared a GitHub link with a checklist of tasks, that need to be done before releasing the Dogecoin’s protocol upgrade, named v1.14.6. Read Also: Ripple XRP Recommence Trading On The CryptoAltum MT5 Platform https://twitter.com/TDogewhisperer/status/1533455021152542721 What’s on the Dogecoin Upgrade Plan As seen from the document, Lodder separated three main categories of tasks, that are mandatory and optional for the Dogecoin protocol upgrade. The first category contains...

Ripple XRP Recommence Trading On The CryptoAltum MT5 Platform

7Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Ripple XRP Recommence Trading On The CryptoAltum MT5 Platform

As the ongoing legal battle between Ripple Labs and the United States security and exchange commission continues to move forwards toward trial, XRP holders have been awaiting the relisting of the digital asset, which has been halted on many platforms. The lawsuit filed against Ripple Labs by the SEC, for the alleged selling of unlicensed securities in the form of Ripple’s native token XRP, caused unstable pricing during the first few months of the legal battle, despite receiving considerable support from the crypto community. Read Also: Ethereum's Ropsten test merge is expected to initiate in the next 48 hours Ripple CEO Brad Garlinghouse is confident the long court battle will end favorably for Ripple, noting at a CNBC-hosted fireside chat at the Paris Blockchain Week Summit in ...

Ethereum’s Ropsten test merge is expected to initiate in the next 48 hours

7Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Ethereum’s Ropsten test merge is expected to initiate in the next 48 hours

Ropsten, Ethereum's oldest testnet, is about to undergo its transition to proof of stake — as one of the final tests ahead of the merge on the main Ethereum blockchain. While the exact timing for the Ropsten merge will fluctuate depending on a few variables, it's expected to happen on Wednesday, according to an official blog post from Ethereum. The major aim of the testnet is to practice Ethereum’s mainnet merge by the year-end. The Ethereum core developers have conducted merge tests in the past, including a shadow fork on the main network and another merge on a testnet called Kiln. Read Also: Solana Blockchain Tops $2 Billion All-Time NFT Sales Despite Market Slump This event will take Ropsten’s two chains — one proof of work, the other being the proof-of-stake beaco...

Terra Classic Holders Spikes 500% In A Month As Investors Bet On LUNC Recovery

7Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Terra Classic Holders Spikes 500% In A Month As Investors Bet On LUNC Recovery

Following the downfall of Terra (LUNA) and its subsequent relaunch as LUNA 2.0, the platform’s original chain, which is presently working under the name Terra Classic (LUNC), is garnering an incredible amount of attention among crypto traders. CoinMarketCap statistics indicate that Terra Classic is the second most-searched cryptocurrency on the site as of June 7th out of all the cryptocurrencies after LUNC was the most digital asset earlier on June 3rd. Read Also: Shiba Inu-Themed Burger Joint Shares More Details About Recent Exploit And Shiba Inu Might Soon Get a Utility Boost. More also, interest among investors is highlighted by the overall number of the unique addresses that hold assets in the network in the last month; on May 9th, there were 1,642 holders compared with ...

Shiba Inu-Themed Burger Joint Shares More Details About Recent Exploit And Shiba Inu Might Soon Get a Utility Boost.

7Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Shiba Inu-Themed Burger Joint Shares More Details About Recent Exploit And Shiba Inu Might Soon Get a Utility Boost.

Welly, a Shiba Inu-themed burger joint, has provided an update about a recent phishing exploit.Last week, the Italian fast-food restaurant revealed that its Discord channel had suffered a security breach, with bots posting malicious links for about half an hour to redirect users to a bogus minting website. Scammers were only able to steal up to 10 ETH ($17,573) worth of non-fungible tokens, Metaverse land, and other assets, according to the announcement. Most of the stolen assets have been returned, and it is working with OpenSea, the largest NFT marketplace, to further mitigate the damage. Welly states that the losses have been reduced thanks to the fast response of the defense and growth districts of the Metaverse. The aforementioned departments are now working on a full au...