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Fitch says proposed Russia crypto ban eases risks but curbs innovation

On Friday, credit rating agency Fitch published a research piece about Russia’s proposed ban on cryptocurrencies. Although the report agreed with the Central Bank of Russia’s (CBR) position that the ban would limit its financial system’s exposure to risks, it also cautioned that such a proposal could “hold back the diffusion of technologies that could improve productivity.” In addition, Fitch warned: “Suppose this slows the spread of crypto-driven innovations that, for example, improve the speed and security of payments or asset liquidity via tokenization. In that case, it could over time weaken this aspect of the Russian banking sector’s operational environment relative to peers.” Additionally, Fitch commented on the adoption of a central ba...

LeBron James Foundation partners with Crypto.com to promote Web3 awareness

The students taking part in the foundation’s I PROMISE program will have access to resources to help them learn about Web3 and other technologies    The partnership is not only focused on Akron kids but also their families as part of the values the Foundation holds dear Crypto.com has teamed up with 4x NBA Finals MVP LeBron James in a philanthropic pursuit in the latter’s home area, as per a Friday report on Akron Beacon Journal. Through the partnership, blockchain and Web3 modules will be integrated into training offered to kids under the LeBron James Family Foundation’s I PROMISE program “Building on a strong basis of educational empowerment, the partnership will give students and families connected to the I PROMISE program access to the tools and educational ...

Vitalik Buterin suggests making NFTs ‘soulbound’ like World of Warcraft items

In a blog post published Wednesday, Vitalik Buterin, co-founder of Ethereum (ETH), expressed his wishes to make nonfungible tokens, or NFTs, soulbound as with the namesake item class in popular MMORPG World of Warcraft, or WoW. In outlining his reasons, Buterin explained that if someone shows they own an NFT that is obtainable by doing X, such as attending an auction, it is not possible to tell if the person attended the auction to obtained it or simply bought the NFT via the secondary market. An example of a soulbound item in WoW | Source: Blizzard Watch The soulbound feature in WoW prevents an item from being traded, mailed or sold at the in-game Auction House to other players. It was designed by developers to prevent “twinking” or passing down gear from high-level to low-lev...

Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success

According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX, SundaeSwap, the first of its kind to go live on Cardano. At the same time, the total value locked for the ADA blockchain reached a record of approximately $80 million, despite the recent fall in the token’s price from the ongoing down market. The current average blockchain load of the network hovers at 93.19%, which means that 93.19% of its blocks are being filled. In context, the metric amounted to only 32.49% on New Year’s Eve. The number of ADA wallets is also on the verge of breaking the 3 million mark. Many ADA enthusiasts took to social media to celebrate the milestones. However, t...

Bybit announces 2 notable updates: completion of Arbitrum integration, funds BitDAO with $134M

Bybit, a global cryptocurrency exchange that has seen extensive growth over the past few years, has finally completed the integration of the Arbitrum mainnet, according to a press statement published on 27 January. Arbitrum is an Ethereum Layer 2 platform that was among the first to bring the optimistic rollups features to the Ethereum network. According to the press release shared with CoinText, the move means users can now deposit and withdraw Ether (ETH) as well as the stablecoins Tether (USDT) and USD Coin (USDC) via the Arbitrum mainnet. Security, scalability and low cost Ben Zhou, the co-founder and CEO of Bybit said the integration brings Arbitrum’s “promising and innovative scaling technology” to Bybit users. He noted that the exchange will continue to provide next-level products a...

After Bulshit, Bitcoin Price Appreciate above 4%, trade above $36,000

Facebook WhatsApp Reddit Twitter Shares This evening, Bitcoin price appreciate above 4%. The development is coming after same days market Bulshit. Price of all cryptocurrency since last week crash. The cause of the price crash was as a results of removing huge amount of money from the crypto markets. Some believed the money were removed by investors. .u443697f8d8cff72f9a7365c1638e00da { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-dec...

understand how Crypto price movement work so you can maximize your income and not loose with untimely sale of your Cryptos

Facebook WhatsApp Reddit Twitter Shares Crypto Possibilities Dear Miners, It is important you understand how Crypto price movement work so you can maximize your income and not loose with untimely sale of your Cryptos. Time is KeyWith Crypto the time you buy and time you sell matters most. You must buy when price is low and sell when price is high. Buy when price is low and hold till you have X10 or x100 or x1,000 or X10,000 or x100,000. Even when selling only sell little and keep most for longer time. Wealth is measured by your holdings under lock and key. Not spending money. This means you need to hold long time to be really wealthy. Some wallets have 10,000 Bitcoin, 5,000 Bitcoin, 1,000 Bitcoin. Same with Ethereum, and even Dogecoin, safemoon, BSC wallet. All have wallets with huge amoun...

Reasons why I believe Eagle Network Tokens are Bound to fly to the Moon

Facebook WhatsApp Reddit Twitter Shares By @kwemz My foray into the Crypto World began in 2019. I entered the Crypto Space, a complete novice, knowing absolutely nothing, neither did I know how to identify a scam project. As a result, in my earlier days as a beginner, I was scammed countless times, ranging from pre-sales that actually got credited to my wallet address, but never got launched to actual BUYS whose value went to near zero, a.k.a Rugpull in the Crypto Vocabulary. I would say I am one of those Crypto Hunters that actually learnt their lessons the hard way. From my experience, I came to identify some unique features of Crypto projects that are headed the scam way, viz: 1.A token could get launched within 3 days and a website and whitepaper etc. hurriedly created w...

Ozzy Osbourne’s CryptoBatz NFTs Hit by Scam That Bilked Users Out of Thousands of Dollars

A few weeks ago, Ozzy Osbourne announced his new CryptoBatz NFT collection, making 9,666 unique digital bat designs available to those willing to part with their cryptocurrency. Now it turns out that a large number of people were scammed out of thousands of dollars worth of crypto thanks to a bad link shared by the project’s official Twitter account and website. As tech site The Verge reports, Cryptobatz uses the site Discord for its transactions and initially used the shot URL “discord.gg/cryptobatznft” (do NOT click) in its Twitter posts. Somewhere along the line, the official short link was changed to discord.gg/cryptobatz, but hackers took advantage of the old URL to set up a fake Discord site. Unfortunately, Ozzy and his partner companies still left up the old Tweets with the old link...

Yesterday Cryptocurrency Dip: Crypto Buyers at Dip Price, Now Watch there investment Grow

Facebook WhatsApp Reddit Twitter Shares Yesterday price of cryptocurrency went down, in the cryptocurrency space, the condition is refer to dip. Dip times is a good time for better crypto investors to buy. But many people who are not familiar with how cryptocurrency work, do panic, some people will even end up selling their own at a lower price, thereby lost. .ub9ca340dde3e30d4cc471b0f156b4f79 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17);...

Price of Bitcoin, and Others Cryptocurrency fall, is Time to buy the Dip, to join the next Millionaire

Facebook WhatsApp Reddit Twitter Shares Price of all cryptocurrency begins to fall yesterday. Bitcoin who is the father of all crypto price crash from $50,000 to $34,000. This morning, the price has continue to declined. The declined in crypto prices is not worth panicking, because is norm in cryptocurrency atmosphere. As an investors, you won’t lose you money, if are able to hold, most people who loses are the people who panic and sells when the price went dipped, just as it happened now. .u3a442110d0b640a24aa816db32c98ea1 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-...

We are focused on anti-money laundering, transparent, regulation – CZ, Binance founder

Facebook WhatsApp Reddit Twitter Shares Founder of Binance, the world largest cryptocurrency trading platform, CZ said the they are focussing anti-money laundering and regulations. CZ made this known in post share on his Twitter handle yesterday, 21st of January 2022. In response to a journalist who talk about people who let go of Binance, he said: FUD. Journalists talking to people who were let go from Binance and partners that didn’t work out trying to smear us. We are focused on anti-money laundering, transparent and welcome regulation. Action speaks louder than words. Thank you for your unwavering support! NaijaBlog.ng .ua5626572517ba644b52a35135ec89216 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; backg...