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TotemFi Announces Their Roadmap To Mainnet
This week TotemFi, the staking-based prediction market platform, revealed their roadmap to the Mainnet launch of their collaborative, non-punitive predictions platform.
Commenting on the launch, CEO Jolyon Layard Horsfall stated: “Looking back on our TGE less than three months ago, and at all the work which it took to get us to this point, we’re excited to share with our community what we’ve been building. Whilst we see some consolidation in the market, with BTC ranging it will be a great time to stake, predict and grow your TOTM and bitcoin stacks.” Read More
Bitcoin Battered And Bruised – But Is It Beaten?
Elon, then China, then regulatory jurisdictions around the world have all taken their turns to put the boot into Bitcoin. The number one cryptocurrency is on the precipice. Strong support at $30,000 is being approached again. Is this the time for Bitcoin to fall over the edge, or will we see a huge Bitcoinesque rally?
It’s quiet in the cryptocurrency markets. There’s an edge of tension in the air as Bitcoin moves lower. It seems that hardly a day goes by when yet another FUD story on crypto hits the headlines. Read More
Visa to approve Bitcoin spending card for Australian startup CryptoSpend
Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under.
Sydney-based crypto spending app CryptoSpend announced Wednesday that Visa has approved the issuance of a physical debit card that will allow Australians to spend their Bitcoin at local merchants.
CryptoSpend co-founders said in an interview with the Australian Financial Review that the new card will be issued by major local payments company Novatti and is expected to hit the market in September. Visa is expected to announce the approval later this week. Read More
Uniswap v3 launches Optimistic Ethereum layer two scaling in alpha
The long-awaited layer two scaling solutions upgrade for Uniswap has finally been spotted in the wild with the launch of version 3 on Optimistic Ethereum.
In a post on July 13, the world’s most popular decentralized exchange stated that it was pleased to finally announce the alpha launch of Uniswap v3 on the Optimistic Ethereum (OΞ) mainnet. Read More
Coinbase Wallet Adds Support for Ethereum Scaling Solution Polygon
Users of both the mobile and browser extension versions of Coinbase Wallet can now transact and use dApps on the Polygon network.
Coinbase has announced that both the mobile and desktop browser implementations of its digital wallet now support decentralized applications (dApps) based on the Polygon (MATIC) blockchain.
“We’re excited to announce support for @0xpolygon network on the Coinbase Wallet mobile app and extension, with more scaling solutions to come soon,” Coinbase tweeted yesterday. Read More
From Aave to Yearn: These Are DeFi's Blue-Chip Tokens
As the DeFi space grows, so do rug pulls and scams. Decrypt has identified the DeFi projects that have the best reputation and investor trust—for now.
DeFi is still so new that it might feel crazy to crown any DeFi projects “blue chips” yet.
But investors have locked up more than $65 billion in DeFi protocols, according to DappRadar. Still, not every DeFi project is created equal. Hacks, exploits, and “rug pulls” have dotted the rise of the sector, separating the cash grabs from the blue chips. Investors should proceed with caution, and as with any new and volatile asset, only put in what you could stand to lose. Building the future of finance won’t happen without at least a few hacks, crashes, and scares. Read More
Rwanda-Based NGO Partners With Cardano Foundation to Launch ADA Crypto Charity Platform
Save the Children in Rwanda recently became the latest member of the NGO community to endorse cryptocurrencies after it announced the establishment of a partnership agreement with the Cardano Foundation. Read More
An innovation that is set to change the way we work and interact online.
The Markethive Social Market Broadcasting Network becomes more prominent daily as the blockchain-driven ecosystem for entrepreneurs with a non-adversarial, bi-partisan free speech ethic and the collaborative culture we rarely see on social media platforms today. Even the newer acclaimed free speech platforms are partisan to the left or right and deal with de-platforming and boycotts from payment providers.
Everything is at your fingertips on this one page, making it very intuitive and mobile-friendly. The dynamics will change completely, and you won’t have to navigate to individual pages within the Markethive system. All configuration, filtering, and searching are done right from the combined news feed interface.
Posting any of your content remotely, whether it be blogs, videos, or general newsfeed posts, will be made instantaneous and straightforward with the new interface. Markethive will be infiltrating every corner of the internet universe and become a household name. Read More
Fidelity Digital Assets Launches Hiring Spree Amid Strong Interest From Institutional Investors
Fidelity Digital Assets is getting ready to expand its cryptocurrency team as institutional demand heats up.
According to Tom Jessop, president of Fidelity Digital Assets, the firm’s cryptocurrency unit plans to increase its workforce by 70% and hire around 100 new employees in its Dublin, Boston, and Utah locations amid strong interest from institutional investors. Read More
Brazil’s SEC Approves First Ethereum ETF in Latin America
The Brazilian Securities Commission (CVM) has approved the first exchange-traded fund tracking the performance of Ethereum (ETH) in Latin America.
Several months after greenlighting a Bitcoin ETF, Brazil’s watchdog has done the same for a product tracking the performance of the second-largest cryptocurrency – ETH. The fund will be managed by QR Asset Management. Read More
UK advertising watchdog takes misleading crypto marketers to task
The UK’s Advertising Standards Authority (ASA) has vowed to clamp down on misleading marketing for crypto investments.
The move comes as part of a broader effort by regulators to protect consumers who opt to trade in unregulated digital assets.
ASA said it will force the removal of misleading or irresponsible cryptocurrency advertisements, particularly on social media platforms. Read More
Surprise! An ESG-Conscious Giant Increases Indirect Exposure to Bitcoin
In the midst of major and ongoing ESG (environmental, social, and governance) debate, an ESG-conscious US-based investment giant, Capital Group, is increasing its indirect exposure to bitcoin (BTC). This time, via a more than half a billion dollars investment into software developers and major BTC bull MicroStrategy, while several more crypto-related companies are already on its investment list. Read More
Set Protocol Launches Layer 2 Token Sets on Polygon
Automated decentralized finance asset management platform Set Protocol is the latest to launch on Layer 2 aggregator Polygon.
The announcement was made by Set Labs on July 14 where it stated that the move significantly lowers the barrier of entry to decentralized finance (DeFi).
The protocol offers asset management and strategy creation through a number of token sets which are akin to token indexes – groups of tokens with a single one representing their collective performance. Some of the more popular ones on Set are the DeFi Pulse Index, ETH Flexible Leverage Index, and the Metaverse Index launched in April. Read More
Coinbase announces support for Polygon network
One of the biggest cryptocurrency giants, Coinbase announced embracing a leading Ethereum layer 2 solution, the Polygon network.
Coinbase revealed the integration of Polygon for its Wallet mobile as well as extension. The exchange claims that more than a million wallet users are leveraging decentralized finance applications like Uniswap, Aave, Compound in addition to prominent NFT marketplaces such as Zora and OpenSea. But the high transaction fees and long confirmation times are two major drawbacks that haunt the industry. Read More
How blockchain can become a friend of Indian farmers
“Bitcoin has many advantages to offer; chief among them is freedom—from middlemen or even corrupt governments.”
Dr. Craig S. Wright said those words while visiting Bogota, Colombia, in 2019. “Latin America is ripe for growth,” he said, pointing out that developing regions like India and Latin America have “a better opportunity to catch up and have faster growth than North America” by using Bitcoin, which will enable them “to have information.” 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.
