Bitcoin Signal

EMURGO $ 100 Million Investment in Cardano DeFi Network

The blockchain company EMURGO, which is Cardano’s trading arm, has announced plans to invest $ 100 million in Cardano’s DeFi network. This huge budget will be spent on strengthening user acceptance and other solutions. This news was announced at the Summit 2021 conference. EMURGO CEO Ken Kodama tweeted this. This tweet states: We will invest…
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Two well-known websites, CoinGecko and CoinMarketCap, were blocked in China

The Greater China Firewall has blocked CoinGecko and CoinMarketCap. The move comes two weeks after the People’s Bank of China outlawed almost all cryptocurrency activities. Theoretically, Chinese citizens can still use cryptocurrency services with a VPN. Popular cryptocurrency tracking websites such as CoinGecko and CoinMarketCap are currently inaccessible to users based in China.

Africa experiences a significant cryptocurrency growth

In recent years, Africa has witnessed the widespread popularity of its currency cryptocurrency. This is not an unexpected move. Please note that the cost to remittance service providers for sending money to Africa is on average close to 9%. This is the highest rate in the world and three times the goal of sustainable development…
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Paxful integrates Lightning Network for faster and cheaper Bitcoin transactions

Paxful integrates Lightning Network for faster and cheaper Bitcoin transactions Paxful, the peer-to-peer cryptocurrency market with more than seven million users worldwide, today announced the integration of the Lightning Network protocol into its platform to allow fast and cheap bitcoin deposits and withdrawals. With this integration, Lightning Labs, a leading provider of payment infrastructure, allows…
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OpenSea CEO resigns over exposing his abuses

OpenSea CEO Nati Chastin left the company today after it was revealed that he was trading in the platform’s internal business yesterday. On Tuesday, OpenSea CEO Nate Chastain was publicly accused of buying NFTs that were to be advertised shortly before they appeared on the platform’s front page. A Twitter user named Zuwu revealed Mr.…
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NFT FTX exchange market will be activated soon!

NFT FTX exchange market will be activated soon! With the auction of a trial version of Pixel Art by the CEO of FTX, we can hope that the NFT exclusive market activity of this exchange will start soon. Sam Bankman-Fried, CEO of FTX Password Exchange, has launched a 24-hour auction for its Pixel Art demo,…
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The official date of the Alonzo update on Cardano’s main network has been confirmed

The official date of the Alonzo update on Cardano’s main network has been confirmed In an atmosphere of “fear, uncertainty and doubt”, rumors and speculation against Cardano and his ecosystem have risen in recent weeks. However, the network’s smart contracts may take effect on September 12. Input-Output Global, in a tweet, announced hours before the…
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Coinbase shares fall following SEC warning

Shares of CoinBase fell 11.63 percent after the SEC warned on Tuesday, and this negative trend continued today in pre-market trading. COIN fell another 2.93 percent to $ 258.50 at the time of writing, according to Nasdaq. Shares of CoinBase began to fall amid a general downturn in the digital currency market as the exchange…
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$ 2 billion increase in Stable Coins holdings at cryptocurrency exchanges

The latest data from CryptoQuant, an analytics company in China, shows a $ 2 billion increase in the amount of Stablecoins in cryptocurrency exchanges. CryptoQuant CEO Ki Young Ju described the large volume of StableCoins in circulation as a positive sign for the crypto industry. He said most trading platforms allow users to buy cryptocurrencies…
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Setting up a Pyth network, Solana-based decentralized Oracle data

Python A decentralized data oracle built on the Solana blockchain will be available August 26th. In other words, Pyth is running on the main Solana network. So far, the network has been available on Solana devnet for testing. Home network setup allows developers to integrate Pyth “real-time” market data into decentralized financial applications (DeFi). Microstrategy…
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