Author: hotcrypto

Screenshot: Decentraland FoundationA large crowd of unmoving clones standing still in a mostly empty world amid tinny-ass beats that’d sound weak coming out of a Game Boy. It almost seems like they’re waiting for something to happen. But nothing does. They remain largely still, shuffling slightly, perhaps rotating a bit as the music drones on. Odd human-like statues surround them all. One person glides leisurely into the air. This isn’t a horror film or some weird art project. This is, apparently, a party in the so-called “metaverse.” Sounds terrible, no? Decentraland is a 3D online virtual world that is built…

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The IOTA price has struggled in the past few months. IOTA is trading at $1.3020, which is about 45% below the highest level in September. Its total market capitalization has dropped to more than $3.6 billion, making it the 51st biggest cryptocurrency in the world. Meanwhile, the IoTeX price has surged to an all-time high, bringing its total market cap to more than $2.1 billion. IOTA vs IoTeX: What’s the difference? IOTA and IoTeX are the two biggest blockchain projects that are focused on the Internet of Things (IoT) industry. This is an industry that allows machines to communicate with…

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Dogecoin is a cryptocurrency created in 2013 to mock the very idea of cryptocurrency—a so-called “memecoin” with a dog theme that has received support from the likes of Elon Musk, Gene Simmons and Mark Cuban. But it’s not just celebrities who are falling head-over-paws in love with this digital currency, known for its iconic Shiba Inu mascot. Bradenton’s Willy-Yums Hotdogs and More (pronounced “Will-Yums”) recently started accepting it, as well. The restaurant, which was opened by Rob Williams in 2017, offers an array of gourmet hot dogs ranging from classic New York and Chicago styles to combos that put a twist on the…

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BAXE has partnered with IDEMIA, the global augmented identity company, and Haventec, an Australian software company that decentralises sensitive data and credentials, to launch the first decentralised blockchain ecosystem using a facial authentication solution for identity verification in Australia. With this solution, BAXE users around the world will be able to authenticate high-value transactions, reclaim lost passwords or regain access to locked accounts using their face as a secure identification method. This solution will enable face verification in a matter of seconds, resulting in faster service overall. Haventec’s platform will be integrated into IDEMIA’s Identity Management platform, which helps BAXE…

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Blockchain-backed insurance platform Etherisc has today launched its ‘FlightDelay’ product by leveraging Chainlink data to check if a flight has been delayed or cancelled. ‘FlightDelay’ insurance policies are now available for passenger flights globally among the world’s top 80 airlines, with policies purchasable via Etherisc’s dedicated FlightDelay Portal. Policy payments are processed through blockchain payments platform Gnosis Chain and initially paid out in USDC, with “further FIAT and cryptocurrency options are in development”, according to the platform. Etherisc uses smart contracts and Chainlink data to autonomously issue insurance policies and execute pay-outs for travellers who experience flight delays or cancellations.…

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The lead horses in crypto may be galloping along, but the real race is happening a couple of thoroughbreds behind the two market leaders. Cardano (CRYPTO:ADA) and Solana (CRYPTO:SOL) are neck and neck as the fourth- and fifth-most valuable cryptocurrency tokens by market cap after you back out a pair of dollar bill-hugging stablecoins. They also happen to be the two largest denominations hoping to topple Ethereum’s (CRYPTO:ETH) dominance in the realm of blockchain tech being deployed in decentralized apps.  Cardano had the lead over Solana — in terms of market cap — through most of last year. A surge…

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How’s your crypto lingo? Do you know what altcoins are? No fear if not — as cryptocurrencies continue spreading and rising, here’s a little low-down. When Bitcoin was launched in 2009, it raised eyebrows and evoked a sense of confused curiosity. Digital currency, cryptocurrency and other buzzwords started doing the rounds of the internet. Ever since, the way people look at assets and investments has been changing. The phenomenal success of Bitcoin paved the way for many other types of cryptocurrencies. These came to be known as altcoins. Derived from two words, ‘Alt’ means ‘alternative’ and ‘coin’ denotes ‘cryptocurrencies’. [Hero…

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Crypter Network, a Facebook-like platform combining decentralized finance (DeFi) and social media, is ready to launch its engage-to-earn reward system. The project allows users to earn simply by engaging with their friends and the larger community on the social network.Crypter users will get rewards for posting, liking, sharing or commenting on content. They can show off their nonfungible tokens (NFT), discuss trading tactics, and interact with crypto influencers, thought leaders, and both newbie and veteran traders.The platform seeks to bring DeFi and crypto communities together by providing a venue for sharing ideas, creating private groups and much more. The Crypter…

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Basic guidelines, simplicity, and provably fair games have made Ethereum dice a popular game even among newbies. If you are thrilled by the idea of betting with Bitcoin, Ethereum or other cryptocurrencies, and you’re big on dice games, then this post is for you. We’ve listed the Top 5 Ethereum Dice Games of 2021 and other information for playing ETH dice games. Upsides of Ethereum Dice The option to play anonymously is one of the most appealing features of Ethereum dice. Ethereum is likely to be used by those who place high importance on anonymity. As with any other form…

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Russian c.bank proposes ban on cryptocurrency useRegulator warns of risks to financial stabilityAnalysts say wider impact negligible for nowBan on cryptocurrency exchanges also proposedMOSCOW, Jan 20 (Reuters) – Russia’s central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing and its monetary policy sovereignty.The move is the latest in a global cryptocurrency crackdown as governments from Asia to the United States worry that privately operated and highly volatile digital currencies could undermine their control of financial and monetary systems.Russia has argued for years against cryptocurrencies, saying they could…

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