Category: Cryptocurrency News

https://en.cryptonomist.ch/2022/01/04/millennials-bitcoin-gold/ Bitcoin is the gold of millennials The professor spoke about this during an interview on CNBC’s Squawk Box programme. Asked about the disappointing performance of gold, he commented: “Let’s face the fact, I think Bitcoin as an inflation hedge in the minds of many of the younger investors has replaced gold”. Also affected by…
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With so much happening everywhere, I cannot just catch up. How do you guys handle it? I am interested mainly in building a crypto product/DAO. submitted by /u/Ok_Guide_7500 [link] [comments]

Defi Kingdoms, a metaverse-based blockchain game, is experiencing a rise in activity due to the push that metaverse projects are now having in the market. According to Dappradar, the activity on the game has risen considerably. This is also accompanied by the rise in the price of its native token, JEWEL, issued on top of […]

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Melania Trump is the latest celebrity to delve into NFTs and make cryptocurrency-related posts on social media.

I just saw this article and I was thinking about how banks and crypto can work together. Since the first merchants in history, banks have existed in some form. They became the religious ruling elite, which evolved into the privately owned and government-subsidized enterprises that we see now today. And as we all know, banks…
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Hell Dear Yoloers, today i bring you an entertaining tale of Sunflowers that are currently nearly killing the Polygon Network. Introduction Polygon: Hailed as a L2 for ETH with nearly no gas cost, Polygon has been in high demand for various DeFi Projects and retail investors alike. The gas cost was basically non existent at…
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Smartphone theft is at a crisis point. Over 446,000 handheld devices are stolen every year, equating to 1,222 phones per day. Our devices are more expensive to insure than ever and the global mobile phone insurance market is expected to be worth more than $40 billion by 2025. That’s why Lox’s mission is to better control smartphone thefts by creating the world’s first decentralized security network, giving the power back to smartphone owners rather than wireless carriers or other third parties. The Challenges: Siloed Data, Proof-of-ownership, and Data-sharing Wireless device data is locked behind silos, allowing stolen phones to be sold on the black market with ease. This makes it very difficult to retrieve information from your device such as where it comes from, its previous owners, and purchase dates. Essentially, your smartphone data, even though you own it, is very hard to acquire. Network providers don’t help the situation either, as they operate in silos and aren’t keen on sharing any device information with users, insurers, or law enforcement. Furthermore, insurers often struggle to send the right information to owners. Say, for example, you buy your new smartphone from a well-known high-street retailer, but you insure it with another provider. If your phone is stolen, your insurer will need the relevant information from your network provider, but your network provider won’t release this data until receiving proof of ownership from the retailer. This struggle to receive the relevant smartphone information causes a chain reaction, as permission is needed from multiple different bodies. This lack of data sharing also works in the favor of criminals, as it makes it challenging for good citizens to return lost phones to their original owners. With this lack of information and resistance to share data, lost phones are much harder to identify. Lox Network – the Solution to Better Security Lox Network returns the power of owning your data back into the hands of smartphone users everywhere, with an innovative decentralized security network. The LOX Network runs on a proprietary hybrid blockchain with a series of functions and features. The network sits on the Ripple XRP ledger and uses its power, speed, cost efficiency and—most importantly—its decentralization to give users easier access to their data and place control over their smartphones in their hands. At the core of the network are its non-fungible tokens: SmartNFT and SmartLOX tokens. They are used to bridge both the users’ unique digital and physical ownership and the bond between SmartNFT and SmartLOX acts as proof-of-ownership for smartphone users. With Lox Network, you’ll be able to report your own device lost or stolen, track it yourself, and exchange important data when buying or selling a device. This is the world’s first decentralized security network to truly control data ownership and share essential data between key parties through a peer-to-peer ecosystem. Transforming Wireless Device Security for Good This innovative solution to smartphone crime and fraud will go a long way in reducing insurance costs and making device ownership cheaper for users. Currently, insurance premiums are relatively high due to the increasing value of modern handsets, the sensitive data they store, and the fact that more smartphones are being stolen than ever before. When mobile device users subscribe to the LOX Network, there is also the potential to have their insurance premiums lowered thanks to the enhanced security and traceability being part of the network will provide. Furthermore, there’s the potential for insurance payouts to become virtually automated as phone data becomes more readily accessible to insurers and users, with the relevant information accessible at the click of a button instead of a lengthy, cumbersome, and frustrating drawn-out process. In short, Lox Network streamlines the entire process and—ultimately—rightfully return control to smartphone owners everywhere. Discover How LOX Enhances Your Wireless Device Security LOX Network has created an innovative new solution to smartphone theft. The unique model bridges the users’ unique digital and physical ownership thanks to the proprietary NFTs, allowing owners to control the security of their devices. What’s more, the LOX Network is not restricted by silos thanks to the unique decentralized hybrid ledger built on the XRP blockchain. Through the decentralized blacklist, LOX Network helps the smartphone security industry change for good.   Image: Pixabay

There has been a massive wave of interest in betting globally and a rise in active members wagering on sports. Sports betting matches the casual sports fan against professional bookmakers, who do not get everything their way, unlike in genuine sports. It is, however, challenging yet exhilarating at the same time. Thanks to the introduction of online betting, it is now completely mobile. So… Is it possible to make money by betting on sports? Yes, it can be supremely lucrative. However, your earning potential is determined by your bankroll, risk tolerance, strategy, discipline, and, ultimately, your path to betting. And with that, a handful of substantial online sports betting powerhouses control the betting market. Unfortunately, new entrants who want to have a significant piece of the online betting cake have to face a prohibitively expensive hurdle due to restrictive and ever-changing regulatory betting regimes. Additionally, as a side hustle sports bettor, one of the essential considerations you’ll make is which sportsbook will receive most of your action. A good sportsbook will provide you with plenty of reasons to stay. For sportsbooks, your betting business is significant, giving you a massive opportunity to profit. The introduction of blockchain technology, on the other hand, has provided a one-of-a-kind opportunity for forward-thinking brands in the sports betting ecosystem. This uncharted region might lead to a whole betting universe where self-regulated groups function freely, independently, and democratically on the open blockchain. These organizations operate without the constraints or geographic biases that centralized oligopolies do. A system that is genuinely trustless, immutable, and unbreakable is forming. Decentralization vests power in the hands of people, and especially in an industry like betting, the betters need to have the autonomy to make independent decisions without having to navigate through a central authority. The cryptocurrency sports betting industry is becoming increasingly and extremely competitive since 2021; Bitcoin and crypto betting has become widely attractive due to fast deposits and withdrawals, low fees, and a more comprehensive array of games you can bet on that can be played using cryptocurrencies. Betswap, being one of the pioneers in this arena, is integrating various aspects of decentralization into betting. The platform is not controlled by a single individual or centralized entity; it is powered by the Polygon and Ethereum networks and contains a governance token. The governance token holders are in charge of running this utterly decentralized exchange. Users may also become bookmakers on the Betswap.gg betting market, setting their odds to make sports betting more enjoyable and adaptive! The app’s developers also use blockchain’s censorship-resistant and decentralized characteristics. Besides that, one of Betswap.gg’s key goals is to eliminate the geographical boundaries of online betting, which is one of the primary concerns that blockchain is solving. Without question, decentralized solutions are the way of the future for betting exchanges. The demand for censorship-resistant software will increase as the number of limitations for online casinos, sportsbooks, and exchanges expand. You can now raise the stakes and back your side with real money. It’s a terrific way to add more excitement to sports events. Thus, there is no need to sign up or create an account. You only need a wallet, such as Metamask, and some crypto to get started betting. As long as you have an internet connection, you may use Betswap anytime and anywhere to start betting your heart out.