Author: hotcrypto
The founder of Rentable, the non-fungible token (NFT) protocol that lets users rent out their jpegs, announced today that the protocol will be shutting down after failing to find “product market fit.”While withdrawals are still possible, rentals are now disabled, and users have until October 13 to finish withdrawals. After that date, the protocol will launch emergency withdrawals and send the tokens to their respective owners.The project’s founder Emiliano Bonassi launched Rentable to target a different side of the NFT market, looking for people to rent out NFTs that would otherwise sit in wallets, collecting virtual dust. 1/ Metaverses and…
The exponential growth of TikTok over the past year has attracted a heap of cryptocurrency projects looking to gain exposure to a broad audience. Most of these crypto projects pay the most followed influencers on the platform to promote their tokens in the hope that they gain traction.However, with TikTok being one of the world’s top social media platforms, it was inevitable that scam projects would also be heavily promoted on the platform. As a result, simply following the advice from TikTok influencers is a bad idea for investors.Fortunately, we’ve done some digging for you and found five of the…
The global crypto market capitalisation fell by 7.12 per cent to $996.9 billion, even as the total crypto market volume increased by 15.4 per cent to $98.7 billion in the last 24 hours, as of 4:30 pm, according to Coinmarketcap.com. Today’s top gainer was Celsius, and it was trading at $1.76. It increased by 19.21 per cent in the last 24 hours. The top loser was Terra LUNA, which was trading at $2.95 with a 33.4 per cent decrease in the last 24 hours. “Bitcoin and crypto assets plunged upon the release of the US August CPI print, as the…
With Rapid Rise in Funds Stolen from DeFi Protocols, Private Keys in Playbrooke.crothersTue, 09/13/2022 – 20:00 Massive heist begins with private keys The March 2022 theft by the Lazarus Group, a cybercrime group run by the North Korean state, began when it gained access to five of the nine private keys held by transaction validators for Ronin Network’s cross-chain bridge, according to a report from Chainalysis. Ronin Network is an Ethereum-linked sidechain catering to Axie Infinity’s blockchain gaming. Cross-chain bridges provide interoperability between different blockchains via a protocol that lets users port digital assets from one blockchain to another, as…
Luno today has announced that it is adding two new coins to the existing cryptocurrency offerings on its platform. These being Cardano (ADA) and Solana (SOL), two coins that are currently trending in the crypto scene.According to the company, users can buy, sell and store ADA coins on its app and website starting from 21 September 2022 onwards. The SOL cryptocurrency, on the other hand, is only slated to arrive within the same year from 6 October onwards.These new additions will bring the total number of supported investible digital assets on Luno up to nine, joining alongside its current cryptocurrency…
KUALA LUMPUR (Sept 14): Malaysian digital asset exchange operator Luno said on Wednesday (Sept 14) it will add the Cardano cryptocurrency onto its platform next Wednesday (Sept 21), and Solana on Oct 6, to further expand the range of investible digital assets on the platform. “As big advocates of building for the long term, we believe it’s important to give customers access to newer crypto applications that have a promising future,” Luno country manager Aaron Tang said in a statement. Tang said that in a constantly evolving cryptocurrency landscape, Luno wants to inculcate financial literacy among Malaysians by promoting a…
The crypto market in 2021 garnered plenty of attention with the introduction of DeFi, NFTs, metaverse, and whatnot. The exponential rise in crypto prices took everyone by storm, as we kept waiting for the dip. Now that we are closer to the bottom than the top, it’s the best time for beginners and experts to get into action. Fundamentals suggest that these three cryptos could be worthy investments for the near future. Uniglo (GLO) Built on the Ethereum blockchain, Uniglo is the first community-owned social currency that claims to be immune to market volatility. It has a dedicated treasury vault…
Binance Coin price crosses the $290 stubborn resistance to exchange hands at $296. BNB is moving closer to a potential ascending triangle breakout to $470. The 50-day SMA is in line to back BNB price’s bid for a significant move north. Binance Coin price is following up with its push for a sustainable rebound from support formed at $262. Despite the overarching losses experienced over the last three weeks, higher BNB prices suggest that the path of the least resistance will remain upward. Binance Coin price flaunts a possible 41% move to $470 Binance Coin price’s daily chart reveals an…
Cryptocurrency still remains a mystical subject for many keen investors in India. While cryptos are slowly gaining recognition from investors and regulators alike, with countries and leading brands adopting it as an official tender, there are still a sizeable number of people who wish to invest in crypto, but aren’t able to closely track breaking and developing news in the sector, which will help them take note of price movements, major sell-offs, and announcements of new blockchain-based developments. This live news blog is here to help. From major market losses to noteworthy declarations, follow this live blog to stay updated…
INDIA, September 14, 2022 /EINPresswire.com/ — – The world of cryptocurrencies can be confusing for new comers, but the dedicated team of crypto experts of Elucks Token is driving force of Elucks hopes to change that by being one of the most intuitive forms of digital payments you’ll ever come accross. Elucks gives Users, Traders and Merchants instant access to funds after receiving orders by eliminating processing time and gives them peace of mind by knowing that they always get paid on time.Elucks Coin is world’s new decentralised cryptocurrency launched by Crypto, Blockchain and Financial experts from the US, UK,…