Monday, May 6Welcome to Cryptolifedigital

Tag: cryptocurrency

Despite The Downsides, Vitalik, Ethereum Co-founder is optimistic About The Ethereum Blockchain.
Blockchain

Despite The Downsides, Vitalik, Ethereum Co-founder is optimistic About The Ethereum Blockchain.

Vitalik Buterin gave a word of encouragement to the Ethereum blockchain and the crypto sphere as a whole. Talking to Fortune on Wednesday, Buterin said “Crypto has had ups before, and it has had downs before, and it will have ups and downs again,” he also added that “The down periods are certainly challenging, though they are also often the periods where the most meaningful projects get nurtured and built.”  Follow Us on Twitter Drawing from the collapse of the Terra blockchain to Celsius pausing withdrawal, which indicated the rumor of bankruptcy. Not long after the aforementioned events, the Three Arrows Capital fiasco surfaced, leaving the crypto a sense of doubt about the future of the emerging firm. Read Also: Terraform Labs CEO, Do Kwon said he has “great confidence” in ...
Swiss Luxury Watchmaker, Hublot Now Adds Support To Shiba Inu Alongside Other Cryptos
Cryptocurrency

Swiss Luxury Watchmaker, Hublot Now Adds Support To Shiba Inu Alongside Other Cryptos

In late 2021, BitPay officially announced its support for meme cryptocurrency which permits spending SHIB at hundreds of Bitpay merchants where Shiba Inu is accepted. Asides from Shiba Inu, BitPay also raised support for the cryptocurrencies like Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Wrapped Bitcoin, and the five other USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP). Read Also: Lotus, The Iconic British Performance Car Brand To Launch Its NFT In Partner With Ripple According to the Swiss luxury watchmaker  Hublot, its newly-released 200 limited-edition watches are now available for buying using cryptocurrencies such as Shiba Inu and Bitcoin via BitPay. This means of payment is exclusively limited to customers of the Hublot United State...
Comparing Centralized And Decentralized Crypto Exchanges (Advantages & Disadvantages)
Crypto Guides

Comparing Centralized And Decentralized Crypto Exchanges (Advantages & Disadvantages)

Centralized crypto exchanges are platforms that permit users to purchase and sell cryptos within an infrastructure managed by the exchanged firm. We have vouched to get the information that you have been seeking and have presented them to you in plain and simple language for your maximum understanding. What is Crypto Exchange? A crypto exchange is an online platform for buying and selling digital currencies. It is an online platform that allows traders to buy, swap, invest, convert, sell and transfer their cryptocurrencies from one wallet address to another. Added to this, an exchange has several other features and services it renders to traders. Read Also: Top 12 Solana NFT Marketplaces The most significant feature of this is that; it permits traders to exchange their fiat mo...
XRP Turns 10: Here’s How It Started
Cryptocurrency

XRP Turns 10: Here’s How It Started

The Ripple-affiliated cryptocurrency called XRP has just turned 10. Asides from Bitcoin and Dogecoin, it is the only O.G. cryptocurrency that managed to remain among the biggest cryptocurrencies by market cap. Arthur Britto, David Schwartz, and Jed McCaleb, co-founder of Ripple Labs, said working on the XRP Ledger back in 2011. Schwartz’s first commit dates back to November 2011. On June 2nd, 2012, Britto submitted lines of code that fabricated 100 billion tokens that were then called  "XNS." Read Also: Shiba Inu Metaverse's Team Adds Former Technicolor Executive, Entertainment Veteran Marcie JastrowAlthough, the earliest transaction history of the controversy-mired cryptocurrency has been erased since the ledger was reset multiple times due to bugs. The present version of the ...
An A-Z Guide to the “Ethereum Killer” Called Avalanche
Crypto Guides

An A-Z Guide to the “Ethereum Killer” Called Avalanche

Avalanche is a public blockchain designed to scale throughput at low costs while maintaining speed, security, and decentralization. The Avalanche network uses AVAX as a native coin for paying transaction fees and accessing applications built on the network. When bitcoin was released back in 2009, it introduced the world to blockchain technology as a distributed ledger for recording transactions. Bitcoin opened up a host of other possibilities like borderless payments, machine-to-machine transactions, and the world of decentralized protocols. It also paved the way for the invention of many blockchain projects, including Ethereum, the second-largest cryptocurrency in the world. Read also: A Simple A-Z Guide for Starters On STEPN (GMT)? As the industry evolved, i...
How To Buy Altcoins With A Credit Card In Five (5) Easy Steps
Crypto Guides

How To Buy Altcoins With A Credit Card In Five (5) Easy Steps

There are quite often opportunities in the cryptocurrency market that require a quick response. Although, depositing funds into an exchange through a bank or e-wallets can take many hours or even days. The quickest and simplest way to purchase cryptocurrencies is therefore by credit card I’m to inform you that in this article, the simple ways will be revealed. Read Also: How To Get A Bitcoin Address Credit Card Fees – What Are the Types? Although buying altcoins with a credit card is simple and fast, it comes with fees that can be higher than other methods such as bank transfers. When using a credit card, we may be charged the following costs: Transaction fees – The fee charged by cryptocurrency exchanges for card transactions is usually higher than for other payment meth...
Crypto Developers Show Commitment To Enhance Terra (LUNA) Spike From The Ashes
Cryptocurrency

Crypto Developers Show Commitment To Enhance Terra (LUNA) Spike From The Ashes

Speaking on the Terra network’s demise has been greatly magnified. At least, that is what the  LUNAtics will want to believe as multiple developers pledge to do their part to help the ecosystem on its journey to regaining its feet. Read Also: 68 Million DOGE Acquired by BNB Whale as Dogecoin Recovers as Most Frequently Bought Asset Developers Respond To Kwon’s Call The Terra ecosystem came crashing down like a house of cards on May 9. TerraUSD (UST), the algorithmic stablecoin supposed to provide the decentralized funds that Do Kwon believed the DeFi ecosystem badly needed, failed to live up to its billing. Things took an unexpected turn as the algorithmic stablecoin lost its peg and brought the Terra ecosystem to its knees. Its vulnerability to investors became clear, with ...
fUSD stablecoin Release and announcement of Cronje’s return send Fantom (FTM) price higher
Cryptocurrency

fUSD stablecoin Release and announcement of Cronje’s return send Fantom (FTM) price higher

After a strong 2,000% spike in early 2021, Fantom's (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to get large adoption due to the lack of a compelling use case. FTM price hit an all-time high at $3.46, only to collapse to its pre-bull market lows under $0.25 after the failure of the Solidly DeFi project and the departure of developer Andre Cronje.   Read Also: XRP Ledger Is Conclude to Having Native NFT Operationality Data from Cointelegraph Markets Pro and TradingView reveals that since dropping to $0.238, FTM has rallied 119.23% to $0.5216 on May 23. Three reasons for the spike in FTM prices are the release of the first native stablecoin on the Fantom network, new protocol upgrades and collab...
Vitalik Buterin, Ethereum Co-founder Says He Is No Longer A Billionaire
Cryptocurrency

Vitalik Buterin, Ethereum Co-founder Says He Is No Longer A Billionaire

The Ethereum exec was also affected by last week’s cryptocurrency dip that wreaked havoc on investors.  Following the late market turmoil that the prices of all digital currencies, Vitalik Buterin, the co-founder of the second-largest cryptocurrency Ethereum (ETH), has revealed that he is no longer a billionaire. Read Also: Elon Musk To Serve As Temporary Twitter CEO After Finalization: Report Buterin, 28, made the revelation on Twitter recently, saying: “I’m not a billionaire anymore.” https://twitter.com/VitalikButerin/status/1527657553441673217 Although he did not add any comment to the tweet, it is evident that the Ethereum developer and co-founder were also affected by last week’s dip that plunged the prices of all cryptocurrency assets, including Ethereum. B...
What To understand As Far As P2P Is Concern.
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...