Author: hotcrypto
On Friday (August 19), Cardalonia ($LONIA), the Web3 startup that claims to be “building the biggest metaverse ecosystem on Cardano”, announced an interesting new partnership. On April 18, the Estonian crypto startup that is developing the upcoming Cardano-powered NFT-based play-to-earn (P2E) game Cardanlonia ($LONIA) announced that it had raised $420,000 in a pre-seed round. In a press release issued on that day, here is how they defined the term metaverse: “A metaverse is a network of 3D virtual worlds focused on social connection, facilitated by the use of virtual and augmented reality headsets and Blockchain assets that would ensure the…
In a fresh Twitter tussle between Ethereum cofounder Vitalik Buterin and Ripple’s chief technology officer (CTO) David Schwartz, it became a contentious debate over XRP. While Ripple executives claim that the company has been unfairly treated by the SEC, Vitalik Buterin differed in his opinion in regard to the topic which further developed into a spat over XRP. The latest feud began with a discussion of new regulatory changes in Canada with Ontario-based crypto exchanges. The involved exchanges are Bitbuy and Newton which recently put a 30,000 CAD limit on altcoins purchases which excluded (ETH), Litecoin (LTC), and Bitcoin Cash…
The Mina Protocol and its native token, MINA, have created a blockchain with a fixed size of 22 kilobytes, irrespective of the number of network transactions completed.MINA has become one of the fastest-growing cryptocurrencies due to the network’s interoperability and widespread acceptance by developers interested in building DApps quickly and safely.This guide discusses how and where to to buy Mina Protocol MINA and why this unique asset is an attractive investment.Where to Buy Mina Coin MINAThis section is our top picks of where and how to buy the Mina Protocol Crypto token. We chose these based on our experience of…
Aztec Network, a privacy-enhancing smart contract platform on Ethereum, took to Twitter on Friday to respond to customer complaints that FTX, one of the largest cryptocurrency exchanges in the world, is allegedly “freezing” the accounts of customers who used Aztec’s services. “We are aware of reports that FTX is warning users not to interact with Aztec,” Aztec Network tweeted today. It said that it is already taking active measures to ensure that “would-be illicit users” are not employing its service, which makes it easier for Ethereum traders to interact privately with DeFi applications. Earlier today, Chinese journalist Colin Wu reported…
For the past few weeks, the crypto community has been abuzz with excitement about the forthcoming “Ethereum Merge” in mid-September. The long-anticipated Merge refers to a technical transition meant to increase the Ethereum blockchain’s processing capacity and improve its security in an energy efficient way. It has big implications for investors, too. JPMorgan has called the transition “one of the most significant events in the history of the cryptoecosystem,” noting that the switch is “transformational on a number of levels.” Specifically, the migration from one protocol to the other will allow investors to earn “yield,” or rewards, on their ether…
Many see implementing Know Your Customer (KYC) tools in crypto as a deterrent to the Bitcoin (BTC) Standard, which has predominantly promoted anonymized peer-to-peer transactions. However, regulators stay put on promoting KYC and anti-money laundering (AML) implementations as a means to ensure investors’ safety and protection against financial fraud. While most crypto exchanges have begun implementing regulatory recommendations to remain at the forefront of crypto’s mainstream adoption, investors still have the choice to opt for crypto exchanges that promote greater anonymity by not imposing KYC processes. But does opting for the latter as an investor mean compromising on safety?A matter of…
For years, cryptocurrency exchanges have introduced native coins to improve user benefits and promote competitiveness in the rapidly growing cryptocurrency market. It was beneficial to provide affordable prices and user-friendly services. Platform cryptocurrencies started to develop as soon as exchanges realized they could attract more users by offering special advantages only accessible through their native coins. The Hypaswap (HYPA) Token is a brand-new cryptocurrency that will likely experience a bullish rally. Hypaswap (HYPA) has prospects that seem optimistic because it provides its clients with a range of opportunities. In addition, two extra cryptocurrencies to keep an eye on are Litecoin…
Even though the crypto winter is still in full swing, there are those who see it as an opportunity rather than a time to hunker down and wait for better days. One coin we recommend is Revolutux (RVLT). Although it is still relatively new to the cryptocurrency market, it has shown promising signs of growth. Revolutux is well-positioned to weather the current market conditions and emerge as a leader in the digital currency space. Revolutux Might be One of the Best Long-Term Cryptocurrency Assets Revolutux is a digital asset that provides users with cheap transaction costs. This decentralized platform offers…
Last Week’s Latest:G42, an Abu Dhabi AI firm, has established a USD 10 billion fund for technology deals that will focus on investments in developing marketsGoogle Cloud is discontinuing its IoT Core service, giving users until August 2023 to find a replacement to handle that component of their operations.Airbnb has developed technology that looks at a potential tenant’s history on the site, the distance between their home and the rental property, whether they’re looking to rent for a workday or a weekend, and other things.In order to help early-stage firms grow, scale, and create breakthroughs for the country, Flipkart is…
This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, losing more than 7% in a single day. Ether was affected too, as the second largest cryptocurrency by market cap fell below $1,700 on Saturday This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, losing more than 7% in a single day. Ether was affected too, as the second largest cryptocurrency by market cap fell below $1,700 on Saturday While prices turned icy again, the crypto sector is heating up as more participants – traders, developers, founders, regulators, and…