Blockchain Archives - Page 3 of 6

Ripple-Based Remittances Now Available to 54 Million Customers per New Bexs Collaboration

3Jun

By Cryptolifedigital1 Comment

Blockchain

Ripple-Based Remittances Now Available to 54 Million Customers per New Bexs Collaboration

Bexs pay, a Ripple user, has now announced yet another collaboration, bringing Ripple remittance services to over 54 million Latin American Users. Bexs pay will now be in charge of transactions made through Nupay, Nubank’s online e-commerce payment system. This implies that Bexs pay will act as a payment intermediary for Nubank’s 54 million customers. Read Also: BabyDoge Community Plans to Burn 50 Quadrillion Tokens with 6 Quadrillion Already Burned in Just 2 Days https://twitter.com/WKahneman/status/1532427602941530112 Brazil-based Bexs Banco, which processes cross-border e-commerce payments for millions of customers, joined RippleNet in 2017 to connect with member banks in North America, Europe, and Asia. In May, Nubank, Brazil’s largest digital bank, announce...

Cardano Metaverse Project Cardalonia, Launches Staking Platform Set To Launch Playable Metaverse Avatars

2Jun

By Cryptolifedigital3 Comments

Cryptocurrency

Cardano Metaverse Project Cardalonia, Launches Staking Platform Set To Launch Playable Metaverse Avatars

Cardalonia is a decentralized and fully customizable virtual world where players can build, own and customize their own experiences utilizing the Cardano Blockchain and earn $LONIA, the utility token Cardalonia. Read Also: ChangeNOW all Ready to support LUNA 2.0 and LUNC The Cardano-based startup has gathered significant interest even with the bear market as they have been able to fill 30% of the present round allocation days after announcing the release of their Lonia Token Sale. The Seed round is still ongoing and interested participants can do so here https://cardalonia.io/buy/. Cardalonia is powered by $LONIA, a utility token that serves as the native currency of the ecosystem. Cardalonia is set to be the go-to metaverse project on Cardano and as stat...

ChangeNOW all Ready to support LUNA 2.0 and LUNC

2Jun

By Cryptolifedigital2 Comments

Cryptocurrency

ChangeNOW all Ready to support LUNA 2.0 and LUNC

Instant crypto exchange service ChangeNOW permits for swapping LUNA—the coin of the new Terra 2.0 blockchain, as well as LUNC, the old mainnet’s token. As UST and the authentic version of LUNA crashed this May, the crypto industry was observing forward to a way out that would usher new life to the Terra blockchain. On May 16th, Terra co-founder Do Kwon suggested introducing the Terra Hard Fork, and the election process kicked off. On May 28th, the new Terra 2.0 blockchain went live. Read Also: Cardano Founder Shares Key Inputs into Project's Development Thousands of crypto enthusiasts who had lost faith in Terra were reassured by the team’s efforts to recover LUNA. Earlier in May, UST, the key stablecoin in the Terra ecosystem, lost its peg to the US Dollar after the Anchor proto...

30May

By Cryptolifedigital1 Comment

Blockchain

Tether’s USDT Launches On Polygon

Tether is making headlines following the latest reports. Check them out below. Tether launches stablecoin on Polygon Tether has released its USDT stablecoin on Polygon (formerly Matic Network), expanding its reach in the crypto market. Just in case you don’t know, Polygon is the 11th blockchain USDT will be available on, after Ethereum, Solana, Avalanche, Algorand, Tron, Omni, EOS, Liquid Network, Kusama, and Bitcoin Cash’s Standard Ledger Protocol. Read Also: Over 96.95 Billion Shiba Inu (SHIB) Burnt within the Past 24 Hours and 2.41 Billion in the Past 7 Days. Tether also recently said that USDT’s launch on Polygon will help the blockchain network’s ecosystem. There are currently more than 19,000 decentralized applications running on Polygon. Their users can now utilize U...

Terra Goes Live With New Blockchain and LUNA Airdrop

28May

By Cryptolifedigital1 Comment

Blockchain

Terra Goes Live With New Blockchain and LUNA Airdrop

The blockchain went live with an airdrop of new LUNA tokens earlier this morning. The new Terra blockchain is live. Terraform Labs took to Twitter today to confirm that the new network had started producing blocks. It was released at 06:00 UTC, accompanied by a token airdrop for previous LUNA and UST holders. Read Also: Terra to burn 1B UST from the community pool as holders vote for it https://twitter.com/terra_money/status/1530432065585528834 The new blockchain release is an attempt to salvage what remains of the Terra community in the wake of the blockchain’s stunning collapse at the onset of this month. Terra’s algorithmic stablecoin UST previously debugged from the dollar on March 8th, sending its associated token into a death spiral. A few days ago, UST was tr...

Terra to burn 1B UST from the community pool as holders vote for it

27May

By Cryptolifedigital1 Comment

Cryptocurrency

Terra to burn 1B UST from the community pool as holders vote for it

In the quest to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, the Terra founder Do Kwon explained that a potential solution to the Terra debacle is to absorb the stablecoin supply. In response to this, users proposed the burning of the 1 billion TerraUSD (UST) that was stored in Terra’s community pool and the remaining cross-chain UST that’s deployed on the Ethereum blockchain as incentives. Read Also: Charles Hoskinson stresses Cardano’s focus on doing only regulated business As stated by the proposal, the burn will help “reduce the outstanding bad debt of the Terra economy.” Apart from this, it’s also expected to play a significant part in restoring the UST dollar peg by eliminating a big chunk of ex...

Cardano (ADA) Adds Over 70,000 New Wallets within a Month In Spite Of Market Instability

21May

By CryptolifedigitalNo Comments

Cryptocurrency

Cardano (ADA) Adds Over 70,000 New Wallets within a Month In Spite Of Market Instability

Cardano ecosystem has been recording huge growth since the introduction of the Alonzo hard fork in September 2021, which implemented smart contract functionality on the proof-of-stake (PoS) blockchain. This notable growth is based on new features and updates, including buyer interest as over 2,000 new wallets are being created on the network daily over the past month despite market volatility. Read Also: Vitalik Buterin, Ethereum Co-founder Says He Is No Longer A Billionaire As stated by data from Cardano Blockchain Insights, on the 19th of April, there were 3,268,890 Cardano (ADA) holders compared to 3,339,101 on the 19th of May. This indicates the addition of 70,211 ADA addresses within a month and an average of 2,340 daily addition. However, Cardano whale transactions ...

Binance To Introduce crypto Into German Financial Framework

18May

By Cryptolifedigital4 Comments

Blockchain

Binance To Introduce crypto Into German Financial Framework

Binance is not retreating in its effort to conquer new territories and expand its presence in new jurisdictions. At the Online Marketing Rockstars Festival (OMR), currently taking place in Germany, the head of Binance, Changpeng Zhao, said from the stage that he is actively communicating with German regulators. Furthermore, Binance is actively hiring compliance staff and applying for licenses in Germany. Read Also: Dogecoin Traders Might Soon Be Able to Swap DOGE on Robinhood Without Network Fees; Here's How This move would be very relevant in addition to the fact that, at the beginning of May, Binance successfully passed registration in France and became the country's full-fledged digital asset service provider. It looks as if this is a great time to ...

What To understand As Far As P2P Is Concern.

17May

By CryptolifedigitalNo Comments

Press Release

What To understand As Far As P2P Is Concern.

Buying and selling crypto on a P2P marketplace does not feature charts or market indications, unlike traditional exchanges. What is peer-to-peer (P2P) trading? Peer-to-peer (P2P) trading is a type of cryptocurrency exchange method that allows traders to trade directly with one another without the need for a centralized third party to facilitate the transactions. Unlike traditional Bitcoin (BTC) exchanges, which typically have strict regulations and require users to go through a verification process before they can access and use the platform, P2P trading platforms tend to be much more relaxed in terms of their requirements. Read Also: Dogecoin "Proof of Assets" to Arrive on Binance: Details In P2P trading, you can select your preferred offer and trade directly with a counte...

Terra (LUNA) Trading Volume Spike 200% as Market Correct To a Death Spiral

15May

By CryptolifedigitalNo Comments

Cryptocurrency

Terra (LUNA) Trading Volume Spike 200% as Market Correct To a Death Spiral

Despite the risk in Terra’s trade, Terra’s insane volatility still serves as an attractive market for many short-term investors – majorly because LUNA momentarily gained 600% in value on May 14th. It required just 7 days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 12th. As the market slowly got clarity on what transpired, the trading volume of LUNA witnessed a steep recovery roughly above 200% over the weekend. Read Also: Ways To Avoid Whales From taking Over Staking Discloses By The C0-Founder, Vitalik Buterin Because of UST de-pegging which crashed the LUNA market, LUNA investors reflected the price dip as CoinGecko recorded the decline of trading volumes to $178.6 million recorded the fall down of trading volumes to $178.6 millio...