Author: hotcrypto
The VeChain Foundation has started 2022 with a potential major announcement. Via their official Twitter handle, the organization hinted at the possible released of a new native stablecoin called VeUSD. Related Reading | VeChain Foundation Welcomes New DEX To Its Ecosystem The Foundation little details on this new product but announced its followers that it’ll be “something special (…). Something that will allow us to take VeChainThor to the next level in multiple ways”. The stablecoin VeUSD will be a tool to “unleash” DeFi capabilities for the VeChain ecosystem. The digital asset, according to the official post, was designed following…
Are you someone who has ventured into cryptocurrencies only recently? Then you must have stumbled upon a category of crypto tokens known as DeFi, short for decentralized finance. But what does it mean? Let’s find out. What Is DeFi? DeFi is a broad term that includes a lot of different functionalities and applications. Such applications involve no regulatory body or central bank or any one person for that matter and are completely decentralized and void of any control by a single entity. “Decentralized Finance or DeFi means removing any intermediary that acts or grants permission for doing any financial activities.…
As we move into the New Year, the first question on every crypto investor’s lips is ‘What are the best cryptos to invest in now?’. Today we look at 3 of the most popular choices; Dogecoin, Safemoon, and Shiba Inu, along with a newcomer you may not have even heard of yet… Dogecoin (DOGE)On Apr 2nd, 2019, Elon Musk sent out a tweet that changed the face of crypto… at least for a year or two, when he said, “Dogecoin might be my fav cryptocurrency. It’s pretty cool.”If you had invested $1000 in Dogecoin at the beginning of 2021, those coins…
Altcoin Daily co-host Austin Arnold is listing six crypto assets that he says are set to explode this year. In a new YouTube video, Arnold tells his 1.18 million subscribers that momentum built in 2021 will be key for these altcoins in 2022, starting with smart contract platform Solana (SOL). “Solana has seen so much success in the past 9 to 12 months. I suspect in 2022, over the next 9-12 months, that momentum will continue.” Arnold lists several fundamental factors as to why he expects Solana to continue to grow, mostly focused on the success of the blockchain’s Phantom wallet, which…
NFT project takes prime ad spot in gamble on Hong Kong demand South China Morning Post This news is republished from another source. You can check the original article here
Cryptocurrencies have taken over the world by storm. At this point, there is hardly any other investment option hotter than cryptocurrencies. You can buy different cryptocurrencies from numerous crypto exchanges. Once you do, it’s easy to start trading with them. Crypto pairs are available for all the popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Monero (XMR), and many others. However, the one thing that irks most crypto traders is the relatively high transaction fee charged by popular cryptocurrencies. Thankfully, there are several cryptocurrencies that charge a remarkably low transaction fee. Here are 10 of them. 1. Stellar (XLM) Stellar is…
Saitama (CRYPTO: SAITAMA), a token launched at the end-May, has soared an impressive 673% in the past 90 days — eclipsing the negative 32.15% returns of Dogecoin (CRYPTO: DOGE) in the same period. This wholesome increase in the coin’s value and the fact that I happen to be placed a short train ride away from Saitama — the Japanese prefecture after which the token takes its name — inspired me to make a very unique cryptocurrency pilgrimage this fall. What is SAITAMA? SAITAMA cryptocurrency’s white paper makes mention of a mysterious “ghost dog” said to roam in the mountains of the eponymous region. As…
Data aggregator DeFi Lama adds Cardano marking the start of the project’s foray into decentralized finance. This happened thanks to an under-the-radar DeFi offering going live at the beginning of the new year.Recently, Cardano has been feeling the heat over its lack of useable dApps. Critics say it’s been around four months since the chain had smart contract functionality, and still, the ecosystem is struggling to gain traction.Throughout this period, Input Output (IO) CEO Charles Hoskinson addressed these concerns. Most recently, during an end-of-year live stream, Hoskinson said a huge DeFi ecosystem is starting to present itself.Nonetheless, the skeptics among…
Cardano ($ADA), a secure, decentralized proof-of-stake blockchain designed to solve various problems while being informed by scholarly academic research, has led the cryptocurrency market in developer activity last year, according to a recently published report. According to crypto analytics firm Santiment, led in developer activity last year and was followed by Kusama and Polkadot. Kusama, it’s worth noting, is a “public pre-production environment for Polkadot,” allowing developers to experiment and test new blockchains and applications in a real economic environment. Next came Ethereum, Gnosis, and Solana. Included in the top 20 were also Cosmos, Elrond, IOTA, Flow, Celo, Chainlink, and…
Disclaimer: The text below is a press release that was not written by Cryptonews.com.ADALend, a decentralized lending platform utilizing the Cardano blockchain, has recently been listed on CardanoCube.io, a platform that makes information on dApps available by providing an overview of all projects and dApps building on Cardano. The listing is preceded by ADALend’s announcement, where they shared the intention of using Plutus Application Backend (PAB) to continue the development of the platform. About CardanoCube.ioCardanoCube.io is the go-to resource for information about the Cardano Blockchain and its ecosystem. They are offering retail customers unbiased, high-quality, and reliable information so they can…