Author: hotcrypto

Last updated Aug 18, 2022Dan Gambardella explained why he covers the Cardano project on his YouTube channel.On 18 August, Dan Gambardella, host of the popular YouTube channel “Crypto Capital Venture”, took to Twitter to explain why he keeps talking about the Cardano project. Dan said that Cardano (ADA) is his favorite crypto project and it is a big reason for him to talk about the Cardano project on a usual basis. Perhaps, the YouTuber suggested to his followers to not take his opinion as financial advice.#Cardano is my favorite crypto. That’s why I cover it so much. If that ever changes,…

Canada-based crypto exchanges Bitbuy and Newton are enforcing a 30,000 Canadian dollars annual “buy limit” for “restricted coins” for their users based in Ontario in order to “protect consumers” amid tightened regulations.Newton, a Toronto-based crypto exchange announced the new changes come after working on getting registered with the Ontario Securities Commission and the securities regulatory authorities in other provinces and territories of Canada, noting in a Tuesday post: “These changes are to protect crypto investors, like yourself, and to make sure investors are aware of the risks associated with investing in crypto assets.”Under the new changes, Ontario-based crypto traders on Newton and…

Binance CEO Changpeng Zhao (CZ) plans to hire 2,000 more Binance employees. 14 million tokens have been locked away and burned this summer. A break above $336 could be the catalyst to induce an additional 40-50% rally in the short term.  Binance coin could shock the crypto world as technicals align with on-chain analysis. Why aren’t more people talking about Binance? Binance coin seems promising  Binance Coin price could qualify as a “crypto-outperformer” amongst its’ peers as the digital exchange token has rallied 56% since July 1. When reviewing the technicals, Binance Coin looks extremely promising from a macro perspective…

Between the U.S. Treasury Department sanctioning coin mixer Tornado Cash earlier this month, and the long-awaited Ethereum merge quickly approaching, blockchain technologists are increasingly concerned that government regulations could impact the fundamental operation of Ethereum and its post-merge proof-of-stake consensus mechanism. Coinbase CEO Brian Armstrong responded to a hypothetical scenario on Twitter today, saying that in the event of regulatory threats, his company would shut down its Ethereum staking service in order to preserve the integrity of the blockchain network. The question was posed on Sunday by Lefteris Karapetsas, founder of open-source crypto analytics and accounting app Rotki. Karapetsas tagged…

SINGAPORE: Singapore-headquartered cryptocurrency platform Crypto.com, which earlier this year obtained in-principle approval from the country’s central bank to provide digital payment token services, has appointed a former top government employee to lead its office here. Mr Chin Tah Ang was announced as general manager of Crypto.com’s Singapore office in a press release on Thursday (Aug 18). He most recently headed Digital Industry Singapore, a joint office between three Government agencies – the Economic Development Board (EDB), Enterprise Singapore and Infocomm Media Development Authority.  DISG’s aim was to build a technology ecosystem in Singapore by anchoring global leaders, building local champions…

U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services for Europeans From Cyprus A leader in the neobank sector, Revolut, has received approval from the Cyprus Securities and Exchange Commission (CySEC) to operate with cryptocurrencies and other digital assets. The company plans to establish a cryptocurrency hub on the island that will allow it to offer additional services to its 17 million European…

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $24,000 mark after rising above it briefly on Wednesday. The Celsius (CEL) token emerged as the biggest gainer on early Thursday morning, after the embattled and bankrupt Celsius crypto platform managed to get a signoff from a US judge to mine and sell Bitcoins. Alongside, other popular altcoins, including the likes of Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP) saw minor dips across the board. Among lesser-known altcoins, the EOS token turned out to be the biggest loser in the last 24 hours.  At the time…

Contents Ethereum focuses on reducing gas fees through Layer 2Shiba Inu forms “bull pennant”The public beta of Shibarium, a Layer 2 (L2) scaling solution, is expected to launch in Q3 of 2022, which has raised anticipation in the Shiba Inu community. One of Ethereum’s most concerning issues is its high gas fees. Being an ERC-20 token, Shiba Inu is also affected by Ethereum network congestion and high gas costs. Shibarium, a Layer 2 blockchain for Ethereum leveraging BONE as gas, will be the backbone of Shiba Inu projects that are in development and will offer scaling and low-cost solutions for…

Multi-Blockchain Wallet App Nufinetes Releases New Feature We store cookies on your computer to improve your experience and provide more personalized services, both on this website and on other sites. For more information about the cookies we use, see our Privacy Policy. We won’t track your information when you visit our site. We will have to use at least one cookie to ensure that you won’t have to make this choice again.AcceptPrivacy Policy This news is republished from another source. You can check the original article here

Crypto adoption in Africa is catching attention of many venture funds, crypto firms | THE INDEPENDENT | Binusu, a Local Cryptocurrency exchange, and pioneer of fiat to crypto exchange in Uganda has unveiled new features to provide users in Uganda with top-notch services in Fiat to Crypto Exchange. “Our objective is to simplify the use of cryptocurrencies and we do so while building the trust and confidence of our users,” said Binusu exchange Chief Executive Officer, Brian Tweheyo. “With a new and improved trading platform and other services, Binusu which began in Uganda is now ready to take its services…