sponsored Input-Output Hong Kong (IOHK) has listed ADALend on their :Essential Cardano List” of projects that are considered part of the ecosystem supporting and providing Cardano users with products and services. “The Essential Cardano List” gives an overview of the Cardano ecosystem with an accompanying map, a central library of materials, Cardano Foundation, and Emurgo resources, as well as community-generated…
Month: October 2021
Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders – Finance Bitcoin News
One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated cryptocurrency arbitrage services. Bank’s Criteria Questioned This move, according to a Mybroadband report, has sent shockwaves through the cryptocurrency industry. The sending of the notices has also raised questions about the criteria that Standard Bank is using when making a decision…
DAOs will be the future of online communities in five years
Online communities, those that share a common interest on the internet, can range from social networks, grassroots organizations and customer communities. We, as a society, are naturally communal, so it makes sense to engage in ideas and interests with others online. Whether we build relationships with people directly or indirectly, communities are built. However, how we do so differs. In…
Afghanistans Pivot to Crypto: Will It Work?
In brief Recent data suggested that Afghanistan is pivoting to crypto. Decrypt spoke to Afghanistan experts to discover whether ordinary Afghans really stand to benefit or not. In times of turmoil, more nations are turning to crypto. Iran, Venezuela and North Korea have all used cryptocurrencies to avoid sanctions, access global markets, or, in the case of North Korea, even…
Over $2B in Ethereum Has Now Been Burned By EIP-1559
About $2 billion worth of Ethereum (603,452 ETH) has now been burned by the Ethereum network, fueling the furnace thats driven the cryptocurrency to its latest all-time high. Ethereum started burning ETH after EIP-1559 was introduced on August 5. The mechanism removes about $30 million ETH from circulation each day by sending it to a defunct address. This replaces the…
Bitcoin decides fate of $60K as weekly close keeps BTC traders on their toes
Bitcoin (BTC) is lining up a crucial weekly support test on Oct. 23 after impulsive sellers moved large amounts of BTC to major exchange Binance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC dices with $60,000 BTC/USD is keeping traders nervous into Saturday, data from Cointelegraph Markets Pro and TradingViewshows, deciding on the fate of $60,000 support. The level had…
Texas Ethics Commission seeks pro-crypto rule for political contributions
The proposal was filed with the Texas Secretary of State, which sought to address and clarify the reporting requirements of political contributions made with cryptocurrencies. According to the filing: The new rule permits candidates, officeholders, and political committees to accept cryptocurrency. It does not distinguish between any types of cryptocurrencies, like Bitcoin. If approved, cryptocurrency donations and contributions will need…
Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates – Mining Bitcoin News
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from mining farms and proposed a cap on the power rating of new facilities. Kazakhstan Measures Power Usage in Crypto…
Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism – Bitcoin News
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that the token would experience thanks to token burns. The proposal, called Binance Evolution Protocol 95…
CoinMarketCap hack reportedly leaks 3.1 million user email addresses
CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly fallen victim to a hack that leaked 3.1 million user email addresses. The information came into light after the hacked email addresses were found to be traded and sold online on various hacking forums, and revealed by Have I Been Pwned, a website dedicated to tracking hacks and compromised online accounts. CoinMarketCap,…