Author: hotcrypto
VeChain Price Analysis: VET rises to $0.025, bullish momentum CryptopolitanVeChain (VET) Rises 0.32%, Underperforms the Crypto Market Monday InvestorsObserverVeChain and TruTrace Announce New Partnership Watcher GuruVeChain ToolChain Adopted By TruTrace Technologies To Better the Pharmaceutical Industry Times TabloidVechain Price Prediction: Will It Trade Below $0.024 Price Level? InvestingCubeView Full Coverage on Google News This news is republished from another source. You can check the original article here
El Salvador’s Bitcoin bond will be further delayed, until later this year, Bitfinex and Tether CTO Paolo Ardoino told Fortune. Almost a year after El Salvador became the first country to declare Bitcoin legal tender, the postponement demonstrates the challenges facing the Central American nation’s groundbreaking endeavor, with some experts doubting whether the project will ever come to pass. President Nayib Bukele first announced the Bitcoin bond—also known as the Volcano token—in November 2021, two months after El Salvador adopted Bitcoin as legal tender. The project raised $1 billion from investors, with half of that dedicated to financing infrastructure projects…
Safemoon Price Prediction: Why SFM is Stuck In a Range InvestingCube This news is republished from another source. You can check the original article here
A cross-chain messaging mechanism called LayerZero has purportedly been implemented into the Polkadot parachain Moonbeam, according to a recent report. The network wants to maintain Web3 interoperability with this. The Web3 world has been encroaching on the entire planet. The majority of people think it’s the present and the future, thus many businesses have started launching efforts that are in line with that belief. The interoperability of Web3 blockchains has been a goal of a wide range of cryptocurrency initiatives. The Polkadot [DOT] network has been pursuing the same goal and has recently increased its visibility on Web3. It should…
Fireblocks connects to some 35 blockchain networks and works with an array of Web3 companies including Animoca, MoonPay, Xternity Games, Griffin Gaming, Wirex and Utopian Game Labs. The latest Solana integration uses WalletConnect V2, a protocol for bridging decentralized apps, upgraded to securely enable vault connections to non-EVM chain dApps, according to a press release. This news is republished from another source. You can check the original article here
Before we understand the criteria for the best crypto-friendly banks, let’s first understand what that term means. Cryptocurrencies need banks in order to grow and expand, just like businesses do. For instance, if there was no access to the fiat economy (Government-backed currency), it would have been highly improbable for Bitcoin to amass its value today. These banks provide consumers with cheaper transaction fees when switching between cryptocurrencies. Crypto banks combine cryptocurrencies with traditional bank operations simultaneously. This list shows the best crypto-friendly banking websites and their pros and cons. Bank Prov is a crypto bank offering full-service USD banking…
Given all the volatility in the crypto market over the past six months, it’s perhaps not surprising that nearly every major crypto is trading at a steep discount from its all-time highs. In fact, some of these cryptos are now trading for less than $1, making them very affordable ways to buy the dip and boost your portfolio returns. Of course, buyer beware. Anytime you’re spending less than $1 for a crypto coin or token, there’s a reason. But these are three of the most trusted, high-profile cryptocurrencies in the world right now. They just happen to be trading for…
We need to talk about blockchains needing to talk. Although once upon a time there was a belief that there would only be one chain that reigns supreme, the creation of a new generation of chains that are faster and more diverse in their utility has led to the crypto community coming to realise that cross-chain is essential. By harvesting and accessing liquidity that exists on multiple chains, the whole blockchain economy as a whole can thrive. Yet there is a problem. Working on and interacting with chains where a user is not comfortable can be off-putting. Having to understand…
The layer-2 scaling solution Synthetix undertook some important developments this month. Often described as a “blue chip” DeFi project, Synthetix was one of the first projects to launch on the Ethereum network. And, now the platform showed its true colors given the received response from users. Credit goes to this factor According to Kain Warwick, Synthetix’s founder, a proposal known as Synthetix Improvement Proposal 120 (SIP-120) stood key to the protocol’s bullish momentum. It was the result of 1Inch’s integration with Atomic Swaps, a new exchange function. It allowed users to atomically exchange Synthetix assets without fee reclamation by pricing…
Access to finance remains a key growth constraint for small businesses, with data showing a $330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses. This is the gap that Kenya’s embedded finance fintech Pezesha seeks to bridge as it expands into Nigeria, Rwanda and Francophone Africa following a $11 million pre-Series A equity-debt round led by Women’s World Banking Capital Partners II with participation from Verdant Frontiers Fintech Fund, cFund and Cardano blockchain builder Input Output Global (IOG). The round also included a $5 million debt from Talanton and Verdant Capital Specialist Funds. The…