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Smashing crypto adoption barrier? Solana aims to do its own ‘thing’
A blockchain network can excel at security or speed — but not both — Solana’s Yakovenko tells Cointelegraph, as the network is betting on speed.
Solana, with a workforce of 60 souls — all volunteers — has enjoyed explosive growth since its launch in March 2020. Today, it hosts more than 400 projects, including many nonfungible token (NFT) and decentralized finance (DeFi) projects. USD Coin (USDC), the No. 2 stablecoin by volume, is integrated natively on Solana, and it also hosts decentralized oracle network Chainlink, as well as decentralized derivatives, exchange Serum, which FTX co-created. Solana’s market cap on Sept. 9 topped $62 billion.
A long-time proponent of Solana, Bankman-Fried believes that “it’s one of the few places in DeFi right now where you can see it scaling to 1 billion users. It’s not there right now. It probably has another factor of 50 to go or something. But that’s a lot better than a factor of 50,000.” Read More
This platform turns data into cryptocurrency
This platform offers an opportunity to own your data and profit from it.
Large-scale data breaches and the abuse of data by cybercriminals have become an everyday reality. Data is being utilized to drive massive profits in big tech and beyond. In 2018, a breach at Marriott Hotels resulted in 500 million records being stolen, and just earlier this year, Facebook had an enormous break where the details from 533 million users were taken.
Cirus is offering individuals new financial opportunities through data monetization using the power of Web 3.0. With over 4,000 Cirus devices currently deployed in real households, the Cirus team is aiming to propel a new ownership economy. By harnessing the input of two seasoned experts, former Apple CEO Gil Amelio and founder of Seagate technology Finis Conner, Cirus is leveraging tech titans to provide a platform that turns data into cryptocurrency.
Offering both a platform and a device, Cirus is building an ecosystem that will support full data ownership. Read More
How to Recover a Lost Blockchain Wallet Password - KeychainX Expert Explains
There is no greater fear for cryptocurrency investors than one day forgetting the password to their blockchain wallets, seeing how their own money is right in their hands but still locked away forever from them. If this has happened to you, however, don’t lose hope. There are ways to recover a lost blockchain wallet password, as explained by a leading expert at wallet recovery with years of experience from KeychainX.
Step by Step Guide for Recovering a Lost Blockchain Wallet Password. Read More
Bitcoin is great, but real crypto innovation has moved elsewhere
Bitcoin will always be the boss, but the real innovative and groundbreaking developments are happening in layer-two solutions, DAOs, NFTs with utility, and emerging metaverses.
Decentralized autonomous organizations (DAO) are hot, nonfungible tokens (NFT) are hot, play-to-earn gaming is hot, and metaverses are hot.
This is where the real heads are right now — speculating, building, pondering, networking, and doing shit that actually matters. And what is unique about those who are really putting in work in the trenches of crypto is that this grassroots approach and bottom-up building trend is leading to some of the space’s most groundbreaking projects. Read More
Time to “Release The Boost” Unleash the Marketing Beast In All Of Us!
Now that we’ve got the Markethive Donation Wheel of Fortune spinning, giving away valuable prizes with every spin, it’s time to release The Boost. This launch is just the beginning of Markethive’s proprietary portfolio of advertising services.
Fashioned from the Facebook Boost system, the Markethive Boost is a foundational inclusion and fundamental to the Markethive ecosystem. The service will “boost” your marketing efforts to every subscriber in the Markethive community with enormous potential to increase your brand awareness, conversions, and engagement.
The Markethive standard news feed already allows your posts to reach all your friends’ news feeds, always organically. That’s 100%. There is no algorithm preventing your posts from being seen by all your friends and group members. No shadow banning or 3rd party deciding what you should and should not see.
And now, with the Markethive Boost service, you also have a PA system to communicate with the entire membership, not just your friends and associates. If they like your message and subscribe to you, you are then publishing to their sphere of influence and social networks. Read More
100 years ago, Henry Ford proposed ‘energy currency’ to replace gold
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period.
In 1921, American industrialist Henry Ford proposed the creation of an “energy currency” that could form the basis of a new monetary system — offering striking similarities to the peer-to-peer electronic cash system outlined in Satoshi Nakamoto’s 2008 Bitcoin (BTC) white paper. Read More
Paypal Completes Rollout of Crypto Offering in UK: First International Expansion Outside US
Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies.
Payments giant Paypal Inc. announced Friday that it has completed the rollout of its crypto offering in the U.K. The rollout began in late August when the company announced the launch of its crypto service in the U.K.
The official account of Paypal U.K. tweeted:
We are delighted to share that all eligible customers in the UK can now buy, hold and sell cryptocurrencies bitcoin, ethereum, bitcoin cash & litecoin from their Paypal account. Read More
The Rise Of Decentralized Liquidity Aggregators As A Direct Gateway To The Entire Crypto Ecosystem
The rising popularity of digital currencies has attracted the eyes of financial regulators and governments worldwide. With the widespread adoption of cryptocurrencies, almost every country is currently introducing some form of regulation to this nascent yet burgeoning industry. Amidst the tightening financial regulations and increased scrutiny, the majority of the population finds it difficult to enter the crypto ecosystem. And those that are already a part of the crypto landscape are confused about the future.
Both centralized exchanges (CEXs) and decentralized exchanges (DEXs) have played critical roles in helping the crypto industry improve approachability and gain more widespread attention. By enabling users to buy, sell, trade cryptocurrencies and several other decentralized finance (DeFi) products, they’ve effectively constructed an accessibility onramp. Yet, these institutions already have encountered serious hurdles, which have increased dramatically of late due to the regulatory policies being implemented by governments worldwide. Read More
Here’s why Bitcoin might be safe from a global stock market crisis
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not “collapse” if there is a global stock market meltdown.
One of the reasons behind Bitcoin’s (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it “digital gold,” a truly scarce and perfect store of value. Others consider Bitcoin a technology project or a type of software with a corresponding network.
El Salvador’s adoption as legal tender will likely evidence the means of exchange functionality that the Lightning Network provides. The Layer-two scaling solution allows instant and insanely cheap transfers, although it requires regular on-chain transactions to enter or exit this parallel network.
As these narratives about Bitcoin shift over time, so does BTC’s correlation to traditional assets. For example, there have been sustained periods of a strong correlation with gold. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
