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CZ Outlines Binance Regulatory Stance – Says Compliance Is A Journey
Binance, the biggest cryptocurrency exchange by volume, has come under fire from regulators across the globe recently, in jurisdictions that include the UK, Thailand, Singapore, and others. CZ, the CEO of Binance, has sought to clarify the Binance position on regulations through an open letter to users.
In the letter, CZ comments on the recent “hyper-focus on regulation” as it pertains to Binance. He then uses the letter to clarify the Binance stance on regulation and also outlines how his company plans to comply with regulations going forward. Read More
No Code Solutions On The Blockchain, Here's What You Need To Know
So why is no code blockchain functionality important?
Essentially, it's because no code setups allow fewer technical users to deploy blockchain functions without understanding how to code them.
Using a no-code application for a blockchain involves taking a prebuilt modular set of code, and putting it into an interface where it will facilitate something like a transaction or data verification.
Here’s a simple way to think about the evolution of no-code: take the raw HTML code used to build Internet pages and sites, and how that led to the development of no-code HTML tools. Read More
Goldman Sachs: Ethereum's popularity could see ETH become a dominant store of value
Goldman Sachs said in a note to clients on Tuesday that the blockchain with the highest "real use potential" is Ethereum, suggesting its ETH could become the dominant digital store of value.
As such, Goldman predicts the total market capitalization of ether (ETH) could overtake the total market cap for Bitcoin (BTC) in the coming years, according to a report in Business Insider.
"[Ether] currently looks like the cryptocurrency with the highest real use potential as Ethereum, the platform on which it is the native digital currency, is the most popular development platform for smart contract applications." Read More
Shiden secures third parachain slot on Kusama
Shiden, the sister-project of leading Polkadot-native layer-two decentralized app hub, Astar Network (formerly Plasm Network), has won the third parachain auction for Polkadot’s experimental sister-network, Kusama.
Shiden secured the slot with a total of 137,020 KSM tokens bonded — worth nearly $29 million at current prices.
Shiden is a smart contract platform for Kusama-based DApps, offering multi-chain support for Ethereum Virtual Machine and WebAssembly-based contracts. The project also plans to deliver layer-two technology including Plasm and Optimistic rollups on Kusama. Read More
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A token that is only a medium of exchange has a very strong chance of falling victim to price manipulation. Alternatively, Markethive has in place, numerous velocity stabilizers including staking, (The Vault), network utility expansion, and the fact it is a cryptocurrency coin, will keep the balance of velocity. This ensures that the velocity is maintained for the initial and long-term price of MHV and is indicative of a healthy Markethive Ecosystem. A strong economy will in turn sustainably increase MHV’s price.
Coins or Tokens that are structured to capture a significant portion of the economic value generated by the network will reward both the investors who took on early-stage risk as well as the platform who can continue to fund development through the retention of now valuable tokens.
There is a huge market looking for what Markethive does. Read More
Axie Infinity's 27% Rise Leads Crypto Gaming Token Rally
Tokens powering crypto games such as Axie Infinity (AXS) and Decentraland (MANA) are seeing double-digit gains today.
Several tokens from blockchain gaming platforms are posting two-digit gains today.
Meanwhile, prices for most top 10 cryptos are stagnant.
Following yesterday’s price surge for decentralized finance (DeFi) cryptos, blockchain gaming-related tokens are now taking their turn in the spotlight, with some of them posting gains over 20% today.
The latest push is led by AXS, the native token of Pokémon-like blockchain game Axie Infinity—one of the hottest decentralized applications (dapps) currently. Read More
The Hottest Decentralized Apps (Dapps): From DeFi to Games
Decentralized apps, or dapps, run on blockchains and do away with centralized middlemen. They're shaking up everything from finance to gaming.
Dapps, or decentralized applications, run on peer-to-peer networks such as blockchains.
They have a number of use cases, from video games to decentralized finance (DeFi).
It’s impossible to navigate today’s crypto space without coming across decentralized applications, or dapps. Like regular apps, dapps have a broad range of use cases: there are financial services, decentralized file storage platforms, and even games.
Unlike regular apps, decentralized apps—as the name suggests—are built atop the decentralized infrastructure of peer-to-peer networks such as blockchains. Read More
Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury
Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold bitcoin. Furthermore, Allied will keep bitcoin on its balance sheet. Read More
STASIS and Free TON DeFi Alliance Partners to Boost the Development of Free TON DeFi Ecosystem
Free TON, a decentralized proof of stake blockchain-powered by its community and STASIS, a EU compliant EURS stablecoin project, partnered to make DeFi more functional and affordable for everyone.
The STASIS team will be deploying their protocol to the Free TON ecosystem so that their stablecoin EURS can be minted natively on Free TON.
This partnership will be implemented in two stages:
Farming: Addition of EURS-WTON pair to native Free TON DEX – TonSwap.io, developed by Broxus, a multi-level turnkey platform for crypto exchanges, e-commerce, trading platforms. Sound TON rewards will be applied to users, providing liquidity to that pool.
EURS deployment on Free TON: porting EURS smart-contract to Free TON, so that users can natively receive EURS on Free TON in exchange for their EUR. Read More
Big Money Buying Bitcoin, Ethereum, XRP, Polkadot, Cardano and Bitcoin Cash As Crypto Fund Inflows Return: CoinShares
Digital asset firm CoinShares says there’s a potential shift in sentiment among crypto investors as inflows return to the markets.
In a new report, CoinShares tracks tens of millions of dollars that’s now flowing into crypto funds after a lengthy hiatus. Read More
Wyoming advances DeFi adoption with landmark recognition of American CrytpoFed
The State of Wyoming has legally recognized the American CryptoFed DAO, making it the first decentralized autonomous organization (DAO) to receive legal recognition in the US.
Such recognition comes hot on the heels of Wyoming becoming the first state to pass landmark legislation that defines DAO’s as a kind of limited liability company (LLC).
Speaking on the decision, Wyoming’s Secretary of State, Edward Buchanan, reflected on the state’s history of being at the forefront of business innovation. Read More
Cryptocurrency: A serious threat; Blockchain: A revolution underway
Cryptocurrency poses a societal threat; Blockchain, on the other hand, is poised to help transform outdated business models.
While it is a well-known concern that the mining process of cryptocurrency, like Bitcoin, will negatively impact our ecosystem by the carbon dioxide it produces, another threat that many are beginning to talk about is the ease with which it enables nefarious activities like blackmailing, human trafficking, terrorism, and extortion. 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.
