Litecoin (LTC)has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. #Bitcoin, #Ether hit records, exceeding Oct high, amid broad rally in cryptocurrencies. Low real yields, need for inflation hedges are shaping markets. pic.twitter.com/xN0Athssng — Holger Zschaepitz (@Schuldensuehner) November 9,…
Month: November 2021
Ethereum Name Service to Pivot to DAO Governance, Airdrops ENS Token to Domain Holders – Bitcoin News
The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates to propose their views to the community in order to be elected. The airdrop of…
Discord community splits as CEO unveils pre-released Ethereum integration
Citrons announcement of the upcoming Ethereum (ETH) blockchain integration came as a reply to a tweet from Packy McCormick, founder of Not Boring, sharing an article that read: Instant messaging platform Discord may soon launch support for MetaMask and WalletConnect integrations, as evidenced by a pre-release screenshot shared by the CEO Jason Citron. However, a portion of the Discord community…
MADworld partners with Xtreme Pong for NFT drop, CryptoDragons NFTs sell out in 10 seconds and Beeple collector buys Rare Pepe meme NFT for 500K
Nifty News: MADworld partners with Xtreme Pong for nonfungible token (NFT) drop, CryptoDragons NFTs sell out in 10 seconds, and Beeple collector buys Rare Pepe meme NFT for 500K. NFT meets ping pong Animoca-Brands backed NFT developers MADworld has partnered with popular content creator Airrack to drop NFTs dedicated to his upcoming Xtreme Pong tournament. Airrack has around 2.58 million…
‘Clear skies’ for Bitcoin price discovery if giant $70K BTC sell-wall is scaled
Bitcoin (BTC) is clinging to $68,000 on Nov. 9 after traders declared it “clear for take-off” and ready to begin further price discovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin approaches “Great Wall of Finex” Data from Cointelegraph Markets Pro and TradingViewhas tracked a second night of impressive gains in a row for BTC/USD. The pair spent most of…
Bitfarms Reveals Argentina Mega-Mining Farm Location Details – Mining Bitcoin News
Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in association with a private power plant. Bitfarms will purchase the energy directly from this private power company, reportedly without causing stress…
Ethereum Name Service’s new token already has a fully-diluted cap of $3.1T
The official announcement on Mirror from ENS states that $ENS will be used to vote on a proposed constitution and govern protocol parameters. The first issues holders can vote on in the new ENS DAO are the price oracle, and how to allocate existing and future community treasury funds. Ethereum wallet users who have created an ENS domain in the…
StackSwap Raises $1.3 Million in Funding Round to Build DEX on Bitcoin Network – Press release Bitcoin News
press release PRESS RELEASE. Prague, Czech Republic, 5 Nov 2021, StackSwap, the first complete DEX and Launchpad on the Bitcoin Network has announced the completion of its private round. According to the official press release, the blockchain platform was able to raise $1.3 million during the funding round. The investment round was led by the Stacks Foundation along with key…
Synapse Bridge prevents $8M USD hack
Cross-chain protocols are continuing to face challenges, with Synapse Bridge narrowly averting a multi-million exploit. On Nov. 7, Synapse Bridge announced on Discord they had prevented a hacker from draining approximately $8 million USD from the Avalanche Neutral Dollar (nUSD) Metapool. The hacker attempted to exploit a vulnerability using the bridge to transfer assets from Polygon (MATIC) to Avalanche (AVAX).…
Matter Labs raises $50M to build EVM-compatible zk-rollups
Matter Labs has announced a major new funding round to further develop the second version of its Ethereum-based rollups, zkSync. On Nov. 9, Matter Labs announced it had secured $50 million in a Series B round led by Andreessen Horowitz and included participation from existing investors Placeholder and Dragonfly Capital.The new round follows Matter Labs $6 million Series A in…