Author: hotcrypto
In an in-depth report, Messari, the leading crypto market intelligence provider, highlighted IoTeX’s Web3 efforts are unparalleled and highlighted that its core developer, MachineFi Lab, aims to bridge the Web3 gap by establishing a single version of the truth for real-world activity. “IoTeX enables devices to capture and ingest what happens in the physical world to communicate these events to Web3 dApps,” Messari adds. “There are currently no other blockchain IoT projects as encompassing as IoTeX.” Messari says IoTeX has three competitors: Helium, VeChain, and IOTA, but says IoTeX “operates at a broader scale — it connects a wider range…
The Dogecoin-Ethereum Bridge Will Launch In 2022, Billy Markus Speaks The most-popular meme coin, (DOGE), looks to embrace interoperability, which has been hailed as the future of blockchain, as its bridge with the chain looks set to launch before the end of the year. The Dogecoin-Ethereum Bridge will Launch in 2022 The Dogecoin community will be getting a new DOGE-ETH bridge developed by Blue Pepper. The developers of the newest bridge recently announced that the Dogecoin-Ethereum bridge will be launched before the end of 2022. The new bridge will create a wrapped version of DOGE that would allow users to…
FILE PHOTO: Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration The DeFi dream is shaken. And stirred. The grand crypto project has declined in 2022: total user funds deposited in decentralized finance has shrunk to about $61 billion from over $170 billion at the start of the year, according to figures from data aggregator Defi Llama. In a fresh jolt, the U.S. Treasury has sanctioned one of the industry’s biggest “mixers”, tools that pool and scramble crypto from thousands of addresses to boost anonymity, saying it was used by hackers to launder their gains. The…
Bitcoin price today slipped as the world’s largest and most popular cryptocurrency was trading nearly a per cent lower at $21,278. The global crypto market cap today was above the $1 trillion mark, even as it was almost flat in the last 24 hours at $1.07 trillion, as per CoinGecko. On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, gained about a per cent to $1,612. Meanwhile, dogecoin price today was trading marginally higher at $0.06 whereas Shiba Inu plunged over a per cent to $0.000013. Other crypto prices’ today performance were…
Today’s cryptocurrency prices: Check rates of Bitcoin, Ethereum, Cardano, Tether Aug 23, 2022, 10:48 am 3 min read Ethereum’s value has gone down by 15.4% since last week Bitcoin has slipped 1.2% in the past 24 hours to trade at $21,289.80. It is 11.9% lower than the week before. The second most popular token, Ethereum, has gained 0.1% from yesterday and is trading at $1,614.79. From the previous week, it is down 15.4%. Their market capitalization stands at $407.69 billion and $194.12 billion, respectively. How have other popular cryptocurrencies moved today? BNB is trading at $299.58, which is 0.2% more…
Mooners and Shakers is sponsored by Dacxi, the world’s first purpose-built Crypto Wealth platform. So Bitcoin, Ethereum and various other cryptocurrencies might not be looking amazing today, but here’s one of those “What bear market?” addendums… a recent report reveals Google has been seriously aping into crypto for the best part of a year. According to the report, conducted by Amsterdam-based research firm Blockdata, Google parent company Alphabet has been actively investing in the crypto space since at least September 2021. The figures are approximated, but the research suggests the tech giant has poured in more than US$1.5 billion into blockchain-focused…
23 AUGUST, 2022 IN PARTNERSHIP WITH Good morning 🔆 Here’s a very short update on Netflix’s planned ad-supported tier: You won’t be able to download with it. ICYMI: Sometime in 2023, Netflix will take a stab at “financial inclusion” and release a cheaper plan that comes with ads. Think YouTube, but without the premium. CRYPTO MARKET: BINANCE BRINGS ON RAND Bitcoin $21,286 – 0.59% Ether $1,614 + 1.25% BNB $298 + 0.46% Solana $35.26 – 1.91% Cardano $0.45 + 0.36% Name of the coin Price of the coin 24-hour percentage change Source: CoinMarketCap * Data as of 05:40 AM WAT,…
Advertisement     Big Eyes (BIG) has raised a huge $1M in its Beta sale, smashing most presale coins out of the park. This is one of the most exciting Beta sales we’ve seen for years, proving that Big Eyes (BIG) is on its way to being the next big cryptocurrency to hit the ranks – and this is only the beginning! With the rest of its presale still to go, Big Eyes is proving to be a coin worth paying attention to. Solana (SOL) is comfortably positioned as one of the top 10 cryptocurrencies, a rank we…
The largest cryptocurrency with 39.8 per cent dominance, Bitcoin (BTC), was trading with losses. The second largest cryptocurrency, Ethereum (ETH), was trading with gains. Most of the other altcoins were trading with losses and the decentralised finance coins were trading with gains as of this morning. The most trending coin today was Stargate Finance (STG), and the top gainer was Chiliz (CHZ). The global crypto market capitalisation went up by 0.01 per cent to $1.02 trillion as of 8.50 am. The global crypto volume was up by 18.87 per cent to $70.65 billion, according to Coinmarketcap data. The trading volume…
The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge. Skybridge Capital CEO Anthony Scaramucci believes that while Bitcoin continues to be an attractive asset, it has not reached the “wallet bandwidth” that is required for it to be considered an inflation hedge. Speaking on CNBC’s Squawk Box on Aug 22. the global investment management CEO said Bitcoin was still too much of “an early adopting technical asset” which would need to be held in around a billion wallets before it would begin to act as a hedge against inflation. Until you get into…