Tag: cryptocurrency

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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$ 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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Uniswap and Kraken financial assistance to Ethereum development teams

The five Ethereum development teams each received $ 250,000 from the cryptocurrency exchanges Kraken, Uniswap Grants, Synthetic, The Graph, Lido and Compound Grants. The Ethereum Foundation (EF) says the budget will further strengthen and advance network innovation. Cardano launches itsEthereum-compatible side chain Cardano may soon launch his first side chain to partner with Ethereum dcSpark…
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$400 million Ethereum was burned in the EIP-1559 update plan

More than $ 400 million of Ethereum has been burned so far with the implementation of the EIP-1559 network improvement project. By updating the tokens, this update eliminates the transaction fee and leaves nothing to the miners. Almost every 200 Ethereum ($ 643,000) are burned by the EIP-1559 every hour. It happened at 10 a.m.…
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Why are NFT whales fascinated by the number 8?

Last week, we saw a wave of trades in the irreplaceable tokens or NFT market, all of which were somehow related to the number 8. CryptoPunk 8888 was sold at Atrium 888.8 and an EtherRock was sold at 888. In addition, 64 new CryptoPunks are on sale for Atrium 888, and the CEO of Meitu…
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