Author: hotcrypto
Source: Tobias Arhelger – Shutterstock Shimmer is being integrated into the multichain bridge. Shimmer is a staging network that accelerates network upgrades on the IOTA ecosystem. The IOTA ecosystem has stated that Shimmer needs to reach a point where it would be possible to transfer NFTs from Ethereum, Polygon, and other blockchains. The NFTs will be transferrable to Shimmer, and the reverse would also be possible. There must be a smooth integration between the IOTA Web3 ecosystem and the rest of the Web3 space. The IOTA community made this known via Twitter recently. Shimmer needs to get to a point…
Dogecoin DOGE/USD co-founder Jackson Palmer doesn’t think his fellow co-founder blocking him on Twitter IncTWTR was ill-intended. What Happened: In a recent interview with Business Insider, Palmer said the reason that Billy Markus blocked him was likely due to an auto-blocking script that Markus runs.“There were a couple of things that he and I disagreed with, or I disagreed with him on Twitter and I don’t know exactly why he blocked me on Twitter,” said Palmer.”He also runs a bunch of these auto-blocking scripts, where he’s blocked like over 100,000 people because he’ll click a thing that’s like ‘block everybody that’s liked this post.'”According to Palmer, one of…
Disclaimer: The information shared is for educational purposes only. While AMBCrypto might be compensated for any links shared herein, that does not affect our writers’ evaluations in any way. Long gone are the days when centralized institutions such as banks were the yardstick for the entire economic system. Today, the world is full of opportunities, experiments, reformations, and evolution. Hence, a revolution in the financial ecosystem became necessary, giving rise to DeFi or Decentralized Finance. Similar to cryptocurrencies, DeFi is an emerging and innovative financial technology integrated with secure distributed ledgers. In simple words, DeFi is an alternative to the…
The bearish trend for Bitcoin keeps rolling on consecutive days. BTC has lost its anchor on the $20,000 region. Its trading activities have gotten below this level, with no sustainable hope for a positive price reversal. Events and activities in the broader crypto market for August have not been encouraging. Prices of almost all the major crypto tokens have continued dropping. This trend has affected the overall crypto market cap keeping it below the $1 trillion level. During the trading hours of August 26, the price of BTC seemed to reclaim slightly in its performance. It positively surged to $22,000…
This week’s guest on the Cardano SPO Column is a stake pool operated by Brian and Joe from the US who are involved in building software tools, including Pool Peek Mobile and GetPayda: M1 Crypto EAGLE Pool [EAGLE]. Last week’s guest was a stake pool operated by Ernie from the US who’s a member of the xSPO Alliance. This initiative is a point of reference for everything Cardano and every week or two we will invite a Stake Pool Operator (SPO) to answer some questions and give us an update directly from within the Cardano community. Considering that many of…
How are Crypto Payments Processed?Regarding crypto credit cards, “crypto” refers exclusively to the crypto rewards you get for spending. The card is funded by the credit line extended to you by the card issuer. This implies that when you use the card regularly, your line of credit is funded in fiat currency rather than bitcoin.The operation of crypto debit cards and prepaid cards somewhat differs. Using these cards, you can withdraw bitcoin from your crypto wallet and convert it to fiat cash at a rate established by the card. The fiat cash is then spent or withdrawn via the Visa,…
Emergence of BNB as a global DeFi infrastructure The Financial Express This news is republished from another source. You can check the original article here
A new DappRadar report is sounding the alarm over the sharp decrease of capital residing in the decentralized finance (DeFi) subsector. The report highlights that the total value locked (TVL) in the DeFi space witnessed a massive 70% decline in just eight months. According to the data acquisition and analysis firm, DeFi’s TVL hovered around $250 billion at the start of the year. The report says that DeFi’s TVL now stands at $74.21 billion, which it notes is an ‘alarming decrease.’ The TVL of a blockchain represents the total capital held within its smart contracts. TVL is calculated by multiplying…
Six U.S. senators have demanded answers from Meta CEO Mark Zuckerberg about how his company is handling cryptocurrency scams on its social media platforms, including Facebook, Instagram, and Whatsapp. “We are concerned that Meta provides a breeding ground for cryptocurrency fraud that causes significant harm to consumers,” the lawmakers wrote. Senators Want Answers From Mark Zuckerberg and Meta Platforms U.S. Senators Robert Menendez, Sherrod Brown, Elizabeth Warren, Dianne Feinstein, Bernard Sanders, and Cory A. Booker jointly sent a letter on Thursday to Mark Zuckerberg, chairman and CEO of Meta, about his company’s “efforts to combat cryptocurrency scams on its social…
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, Dylan LeClair of Bitcoin Magazine Pro discusses the asymmetric bet that is bitcoin.Watch This Episode On YouTube or RumbleListen To The Episode Here:Dylan LeClair: I think there may be some short-term asymmetry in dollars. And the only reason I care is because, on the other side of this thing … the goal for me is to have as much bitcoin as possible. Because I think that, in a decade of eroding globalization, in the end of a debt supercycle, the reality is (that)…