Coinbase will introduce NFT floor pricing feeds via its Cloud service, allowing developers to access real-time NFT prices to create new DeFi applications like NFT lending markets and NFT indexes. The feature was developed with Chainlink Labs, the development team behind the Chainlink oracle solution, and leverages Coinbase Cloud’s NFT pricing algorithm to scan every NFT transaction in a collection…
El Salvador, the first country in the world to adopt bitcoin as legal tender, is hosting an Adopting Bitcoin conference which will see more than 110 speakers from over 30 countries gather to discuss financial inclusion, per a press release. Galoy Inc., the company behind the Bitcoin Beach Wallet, is organizing the nonprofit event while cryptocurrency exchange Bitfinex will be…
Crypto needs its own version of The Oscars. At least that’s the thinking behind The Crypties, a new annual awards show created by Decrypt Studios, the Web3 production studio arm of Decrypt Media. The Crypties will honor the best and brightest of Web3 at the inaugural Crypties Awards gala on November 30 at the Faena Forum in Miami Beach amidst…
The Terra saga yet adds another chapter this week. South Korean authorities are seeking to freeze more than $60 million worth of Bitcoin linked to Terra co-founder Do Kwon, several outlets reported. The request was reportedly lodged with crypto exchanges OKX and KuCoin, in relation to some 3,313 Bitcoin, worth around $62 million at current prices. But Kwon, who was…
Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining difficulty’s all-time high (ATH) that took place on September 13. Bitcoin Difficulty Slides 2.14% Bitcoin miners caught a…
Chainlink, which uses oracle networks to provide secure access to real-world data for Web3 apps, has unveiled that its long-awaited staking rewards are set to go live in December, together with two new programs designed to increase the economic sustainability of its services. Chainlink CEO Sergey Nazarov made the announcement at SmartCon 2022, the network’s first IRL conference. Ex-Google chief…
As more countries make progress in terms of developing and implementing central bank digital currencies (CBDCs), Ghana’s central bank aims to keep up and complete its research on CBDCs with the goal of financial inclusion according to Kwame Oppong, the head of fintech and innovation at the Bank of Ghana. In an interview with Cointelegraph’s Elisha Owusu Akyaw at the…
Singapore-based digital asset platform Crypto.com scored a major regulatory approval in France. The digital asset platform was approved to register as a Digital Asset Service Provider (DASP) by the stock market regulator Autorité des marchés financiers (AMF). The approval was granted after getting clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the financial regulator in the country.…
Coral, the developers of Anchor, the popular development framework for the Solana blockchain, announced a strategic funding round of $20 million co-led by FTX Ventures and Jump Crypto. Other participants in the round include Multicoin Capital, Anagram, K5 Global, and other strategic investors, Coral said in an announcement shared with Decrypt. Coral said it plans to use the funding to…
Picture this: You are an Ethereum miner, and for almost ten years your nine-to-five has been the same: wake to the sound of industrial wheezing in your backyard, scarf down a quick breakfast of heavily contaminated Cinnamon Crunch, take an asthmatic jog ‘round the polluted freshwater lake, then head back to the garage where the machines are kept, and where…
