Coinbase Drops Planned ‘Lend’ Program After SEC Warning
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submitted by /u/twigwam [link] [comments]
We are going to have to bring on multiple Johnny Cochrans to save our industry. Libertarianism and anarchism will not work. Their lawyers and institutions and surveillance are smarter than you truly grasp. You can' t get this to work in the third world, they will do what Washington is best at, expanding american monetary…
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Boba Network, a next-generation Ethereum scaling solution, today announced the mainnet launch of its layer-2 Optimistic Rollup. Developed by OMG Foundation core contributor Enya, and based on the publicly available, open-sourced Optimism codebase, Boba Network aims to deliver a faster, cheaper, more seamless experience for the next billion users of Ethereum. In addition to its…
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The lack of statistical correlation between inflation and crypto prices has not deterred many investors from viewing the asset in this way, however.
One day, every major program out there, be it Blender, Unreal Engine, or Microsoft Word, will have an option in the file menu to 'Save file as NFT' submitted by /u/rip1999 [link] [comments]
It is only natural for multi-asset traders to take an interest in cryptocurrencies. After all, blockchain is on its way to becoming one of the top five emerging technologies. In fact, The World Economic Forum made a prediction that by 2025, blockchain tech will account for 10% of the Gross Domestic Product worldwide. With Forex, spot metals, company shares, indices, exchange-traded funds (ETFs) and spot commodities already at their fingertips, throwing the complexity of managing crypto into the mix isn’t exactly ideal for the multi-asset trader. At least it certainly wasn’t for Jeetu Kataria, Co-Founder and CEO of DIFX – Digital Financial Exchange. Mr. Kataria, as a lifelong multi-asset trader and venture capitalist, first realized the inconvenience of switching between digital and traditional assets back in 2017. A multi-asset trading platform was originally his vision, but after assembling an elite team of bankers, technologists, marketing execs, and fund managers, he came up with the idea of a platform where “cryptocurrencies can be used to trade traditional assets with the cross pairing between all assets.” Imagine being able to buy gold by investing in XAU with BTC, or investing in Google by purchasing GOGGL with ETH. This is just the tip of the iceberg in terms of what DIFX’s unique asset trading pairs can offer in terms of the future of financial product trading. One of DIFX’s goals is to “connect individuals, prime brokers, and corporations while solving real-world payment problems by offering simple, impactful, secure payment and cross-border trading solutions.” DIFX’s set of trading tools has made this possible, in particular the MetaTrader5 platform, which is where all traders in the DIFX ecosystem can trade over 500 assets in cryptocurrencies, commodities, forex, options, and stock CFDs. Some examples of MetaTrader5’s diverse trading pairs include BTC/USDT, ETH/USDT, KOKO/ETH – the list goes on. DIFX’s also recently launched their spot exchange platform. In conjunction with the launch, KokoSwap announced they would be listing their token KOKO, on DIFX as their first centralized exchange. DIFX ecosystem, and MT5 in particular, look thoroughly equipped to smooth out the cracks in multi-asset trading, making the digital future of finance more accessible to those who will set foot onto its otherwise divided terrain. ABOUT DIFX A diversified portfolio and the ability to track investments are becoming increasingly important in today’s fast-paced trading environment. When it comes to all types of investments, DIFX will be a one-stop-shop. When trading on the DIFX exchange, users won’t have to switch between different windows or tabs to trade indices, forex, commodities, stocks, and cryptocurrencies all at once. This streamlined procedure will transform the way trading is currently carried out and give investors a seamless trading experience across crypto and traditional financial markets.
I would like to build an ecommerce site which sells NFT and subsequently transfers the NFT to the buyer's wallet. I would like to accept ethereum payments through web3 and for this site to be decentralized and hosted on IPFS. What is the best route to go with this. Sorry for the extremely noob question.…
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A crypto investor has filed a class-action lawsuit against Apple Inc. after she downloaded a malicious application from the company’s App Store that led to the theft of her cryptocurrencies. Apple Sued Over Theft of Cryptocurrency Due to Malicious App Hadona Diep, a resident of the U.S. state of Maryland and a full-time cyber-security IT […]
The year has come with a lot of optimistic predictions for the price of the second-largest cryptocurrency by market cap. Its current trends have seen analysts put the digital asset at above $10,000 by the end of the year. And now, another crypto analyst, Lark Davis, has echoed what his counterparts have been saying in regards to the altcoin. Lark believes that Ethereum breaking above $10,000 is inevitable and only a matter of time. Saying that the digital asset is poised to grow 190% would see it break this price point. The crypto analyst lays out his analysis on his YouTube channel, which currently has over 433K subscribers. In the video, Lark says that this price is already “programmed in” and adds that “it’s coming.” Declining Ethereum Exchange Reserves Lark starts out his analysis by pointing to the depleting supply of Ethereum. More specifically, the exchange supply of Ethereum being low such that there isn’t a lot of ETH waiting to be sold as the price goes higher. This is evident in the recent volume of ETH being withdrawn from exchanges. Recently, Ethereum saw record volumes being taken out of exchanges as 1.2 billion worth of ETH had been withdrawn from centralized exchanges last week in the space of 24 hours. Related Reading | Ethereum Sees Record Daily Volume Withdrawn From Centralized Exchanges The analyst points out that the decline in the available supply of Ethereum is leading to a supply-side crisis. Bulls have accumulated some of their biggest bags so far and will most likely not be dumping their bags soon. More often than not, waiting for the price of the asset they invested to 5-10X before they think about dumping their bags. So these long-term holding is creating a supply shock for Ethereum. ETH price struggles with new week opening | Source: ETHUSD on TradingView.com Comparing the supply to last year, Lark notes that the exchange supply continues to drop dramatically, save for a few spikes. While supply outside exchanges grows as people move their coins out of exchanges to use for other activities like staking. Comparing the charts and movement, Lark points out that while the supply drops, the price of Ethereum rose with this decline. This trend is similar to the current trend of Ethereum. Exchange supply has fallen and if history repeats itself, this puts the market close to testing another price discovery for the digital asset. ETH Burn Is Rocket Fuel For Price Crypto analyst Lark Davis brings to the forefront of the ETH burn. With over 300,000 ETH already burned in just six weeks after the upgrade, amounting to over $1.1 billion, Lark sees about 1 million ETH being burned by the end of the year. This is adding to the supply shock currently expected to come. With less ETH coming into circulation, supply is going to dwindle. Related Reading | TA: Ethereum Plunges to $3,150: Can Bulls Save the Day? Lark refers to this rate of burn as “rocket fuel for price appreciation.” This amount of Ethereum being burned gives credence to Lark’s prediction for a 190% increase in the price of ETH, which would lead to the altcoin breaking the $10,000 price point. Finally, Lark points out that the big money is starting to notice Ethereum. An example of this is Cathie Wood revealing her firm, ARK Invest, has gained more confidence in the asset, explaining that they would split their crypto bags into 40% ETH and 60% BTC. This interest from institutional investors will be the driving factor for Ethereum towards $10,000. Featured image from CryptoPotato, chart from TradingView.com
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