Author: hotcrypto
ANI | Updated: Sep 08, 2022 12:52 IST New Delhi [India], September 8 (ANI/ATK): Cryptocurrencies have been a game-changer for the financial services ecosystem. Powered by blockchain technology and decentralized finance (DeFi) protocols, these digital assets enable the investors to exercise more control over the investment mechanism and the process of wealth generation. Plus, the sustained rally in their prices has made them a global favorite. So much so that even businesses are leveraging their potential to gain a competitive advantage.If you are a rookie investor who’s struggling to make sense of the world of cryptocurrencies, you can always start…
Reginald Fowler, the alleged shadow banker for Tether and Bitfinex, is seeking a sentencing delay that could give him six more months as a free man. Fowler was first indicted in 2019 for running a shadow banking ring that catered to digital asset firms that were getting rejected by mainstream banks. He ran several entities that provided these services, the biggest among them being Panama-based Crypto Capital Corp., which catered to embattled stablecoin project Tether and its sister company, Bitfinex. Fowler is suspected of having played a key part in the “disappearance” of $850 million from Bitfinex, money which Tether loaned the exchange…
SafeMoon (SAFEMOON) gets a bearish rating from InvestorsObserver Tuesday. The crypto is down 33.09% to $0.0000003565787425 while the broader crypto market is down 4.68%. SafeMoon has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SafeMoon! Bearish Over the last five days, SafeMoon has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of SafeMoon over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term…
Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal.Two top executives of Algorand urged Helium developers to reconsider their stance on Solana because ALGO’s network offers a better option.Algorand’s chief technology officer John Woods tweeted that ALGO’s blockchain meets Helium’s need for “a secure, robust and scalable chain.”Helium needs a secure, robust and scalable chain. Algorand meets those requirements.We are ready to talk to the Helium team.— John Woods (@JohnAlanWoods) September 12, 2022The view was also shared by Algorand’s founder and CEO, Silvio Micali, who…
What Is CC0 and How Does It Relate to NFTs? CoinDesk This news is republished from another source. You can check the original article here
Source: 42pixels – Shutterstock The Alvarium project, based on IOTA Streams, will bring trustworthiness and data protection benefits to complex environments using edge cloud servers. Intel and Dell use 4 principles to measure the reliability of data, which is then secured using the IOTA Tangle. As part of the Alvarium project announced a few weeks ago by Dell Technologies in collaboration with the IOTA Foundation and Intel, the first demonstration of the Data Confidence Fabric (DCF) took place yesterday. Based on the IOTA Streams framework, this technology is designed to measure the trustworthiness of data before it is utilized in…
Bitcoin BTC/USD was plunging almost 10% lower on Tuesday in an exaggerated reaction to the bearish price action in the general markets, which saw the S&P 500 dive about 4%.Over the same 24-hour trading period, Ethereum ETH/USD and Dogecoin DOGE/USD tumbled about 7% lower.Consumer price index data (CPI) released from the Labor Department on Tuesday revealed the Federal Reserve’s series of steep rate hikes haven’t been enough to successfully send inflation on a downward trajectory, which threw the market and the crypto sector into chaos.For the month of August, CPI reached 8.3%, down from 8.5% in July. Economists estimated CPI would…
Near Protocol Initiates Working Group to Boost DeFi Governance The Coin Republic This news is republished from another source. You can check the original article here
© Reuters Crypto Flipsider News – Fidelity Offer Bitcoin; ETH Falls; Ravencoin Gains 85%; Privacy Coins Delisted; Ethereum PoW Launch Read in the Digest: Fidelity Investment to allow 34 million retail investors to buy (BTC) (ETH) slips as traders hedge against ETH amidst investment product outflows Ravencoin (RVN) jumps 85% ahead of the merge, (LUNA) falls back Huobi delists seven privacy tokens, including MONERO (XMR) and ZCash (ZEC) over regulatory pressure Ethereum Proof-of-Work (ETHW) Team Releases Plans for Mainnet Launch Fidelity Investment to Allow 34 Million Retail Investors to Buy Bitcoin (BTC) Pro-bitcoin financial giant, Fidelity Investments is considering rolling…
What happened Cryptocurrencies and equities fell today after new inflation data showed that consumer prices stayed hotter than expected in August, much to the dismay of investors. The Dow Jones Industrial Average has given up roughly 719 points as of this writing. As of 10:24 a.m. ET, the world’s largest cryptocurrency, Bitcoin (BTC -4.76%), has traded 5.6% lower over the past 24 hours, at around $21,330. The world’s second-largest cryptocurrency, Ethereum (ETH -7.47%), is trading roughly 8.8% lower, and the price of the meme token Shiba Inu (SHIB -5.52%) has fallen roughly 7%. So what Earlier this morning, the U.S.…