Author: hotcrypto
Blockchain history was made earlier this week. Thanks to more than 2,560 decentralized autonomous organization (DAO) votes in a Snapshot proposal, Panther Protocol was voted to be launched in a private, decentralized manner. This constitutes the very first event of its kind, a feature that sets Panther closer to its mission to infuse the decentralized finance (DeFi) ecosystem with native privacy. It is also the very first private governance system ever deployed in the crypto industry.Panther’s decentralized, private launchTo achieve a fully decentralized, private launch, Panther Protocol’s strong community of enthusiasts used a unique, state-of-the-art tech stack. Panther deployed LaunchDAO,…
Fresh data shows the world’s biggest Ethereum (ETH) whales are stocking up on an altcoin that powers a data feed service for the decentralized finance industry. The blockchain-transaction tracker WhaleStats says in a tweet that oracle network Chainlink (LINK) is gaining popularity with crypto whales. “LINK is so hot with many big transactions today.Looking at our metrics, LINK is:-most traded token-on top 10 purchased tokens-on top most used smart contracts-among 1000 biggest ETH wallets.” The latest numbers from WhaleStats reveal that among the 1,000 wealthiest non-exchange Ethereum addresses, LINK currently accounts for 2.21% of all holdings at a value of…
Chainlink added 8.9% to US$25.70, Fantom jumped 6.4% to US$3.11, while Internet Computer surged 23.9% to US$36.16 Cryptocurrencies started on the front foot on Wednesday with six of the largest ten cryptos gaining value. Ethereum, the second-largest crypto by market value, jumped some 1.5% to US$3,817 – making it the largest riser in the top 15. Meanwhile, Bitcoin was down 0.2% in early deals at US$46,597. Binance Coin, Tether, Solana, and XRP all experienced gains of up to 1%, while Cardano advanced 1.9% to US$1.35 to stand out as the most prominent positive mover among the alt-coins. USD Coin and…
While the overall sentiment still lingered around the uncertain or the fear zone, Dogecoin and Bitcoin Cash refrained from committing to a trend and were rangebound. Dogecoin saw a recent spike in buying pressure, but the 50 SMA hurdle stood strong. On the contrary, Fantom swiftly upturned after registering a 35.4% ROI in the past week and poked its two-month-high on 04 January. Now, as it eyed to retest its ATH, its technicals flashed overbought readings. Fantom (FTM) TradingView, FTM/USDT FTM invalidated the market-wide bearish tendencies as it approached its long-term supply zone (rectangle, yellow). The alt saw a staggering…
The worst might be over for the global crypto market for the time being, as evident from the increase in trading volume by 17.31 per cent at $103.68 billion and increase in global market cap by 0.96 per cent at $2.23 trillion, showed Coinmarketcap data. But uncertainty looms in India ahead of the Budget 2022. Meanwhile, China, which cracked down upon illegal Bitcoin mining sometime back, is now gearing up for its upcoming digital yuan currency launch. According to a report by CNBC, China has been preparing for the launch of E-Yuan since 2014 and has recently also conducted trials…
Solana’s blockchain platform is often touted as a possible alternative to Ethereum. Scaling issues are common for many blockchain platforms, but Solana has suffered multiple breakdowns in less than six months. Solana suffered an inadvertent DDoS attack less than a month ago. The Solana blockchain, which is often touted as a competitor to Ethereum, has suffered an outage for the third time in a matter of months. It’s unclear whether the issue was a simple network failure because of high traffic or whether the network collapsed because of a distributed denial of service (DDoS) attack by hackers. “Solana went down…
The El Salvador government is working on legislation to issue $1 billion Bitcoin bonds. In an interview, El Salvador’s Finance Minister said the government wants to provide a “legal structure” for those interested in bitcoin bonds. In September last year, El Salvador became the first country to accept Bitcoin as legal tender. After creating history by becoming the first nation to adopt Bitcoin as legal tender, El Salvador is now working on legislation that will create a framework to issue $1 billion Bitcoin bonds. In an interview with the local media, El Salvador’s Finance Minister Alejandro Zelaya said that the…
PALO ALTO, Calif., Jan. 5, 2022 /PRNewswire-PRWeb/ — Global blockchain development company HashCash Consultants declares a steep increase in demand for its exchange technology combining forex trading with Bitcoin, particularly among the younger generation. The company offers its flagship integrated forex-crypto exchange solutions for forex, fintech enterprises, and stockbroking firms looking to incorporate digital assets trading in their business portfolio.White label forex software solutions from HashCash feature cutting-edge innovations empowering end-users with a secure and easy-to-use interface to carry out effortless transactions. The new-age trading platform architecture facilitates simultaneous crypto-forex trading, cross-site forgery protection, HTTP authentication, and data encryption, resulting in…
Copyright AFP 2017-2021. All rights reserved. Social media posts claim online retail giant Amazon has begun a “presale” of its own cryptocurrency tokens. But the company says the claim is false, and an internet security firm says the messages are part of scams aimed at stealing money and harvesting personal data.”The Amazon Token payment system will facilitate a more accessible, more connected global financial system,” said a Facebook post from December 27, 2021 that has since been removed. A similar post on Facebook with a photo of Amazon founder Jeff Bezos linked to the purported “official Amazon Token” site and…
While Bitcoin’s price action stayed below its 4-hour 20-50-200 SMA, Shiba Inu and MANA’s near-term technical indicators exhibited a bearish inclination. The meme coin seemed to hold the 61.8% Fibonacci support. Unless SHIB bulls dwindle, it headed toward a likely near-term consolidation. Algorand, however, kept its 20 SMA above the 50-200 SMA after indicating a bullish edge. Shiba Inu (SHIB) TradingView, SHIB/USD Over the past five days, SHIB oscillated between its Point of Control (red) and the 61.8% Fibonacci support. The recent falling wedge (yellow) breakout found it difficult to breach the $0.00003405-mark as the alt sought the highest liquidity…