Connect with us

Cryptocurrency

Top Crypto News: 09/21 – Cryptocurrency News

Published

on

After a daily low of $ 40,768, Bitcoin is now trading at $ 42,220. Meanwhile, the second largest cryptocurrency, Ethereum, is trading at nearly $ 2,875

Let’s go over some interesting crypto news for the day in detail.

1 – Crypto.com insurance provides protection for up to $ 750 million worth of digital assets

Crypto.com has announced that it will expand its insurance policy to up to $ 750 million Value of digital assets. This increased coverage has been in effect since September 6th and is managed by Arch Underwriting at Lloyd’s Syndicate 2012.

In particular, this policy includes both direct and indirect custodian coverage applicable to Crypto.com’s cold storage facilities held in Ledger Vault. What is impressive is that this policy is the largest coverage that Crypto.com has secured. As a result, over 10 million users are protected against physical harm, destruction, third party theft, and more.

We’re excited to announce that we’ve increased our coverage to $ 750 million, the largest policy program in the industry. 💰🔒The most secure cryptocurrency platform just got safer.

Details here – https://t.co/5VR46byWq5 pic.twitter.com/D1o7druJad

– Crypto.com (@cryptocom) September 20, 2021

2 – Injective Protocol Set to launch its Canonical Chain Mainnet

Injective Protocol is ready to take its Canonical chain Main network. In addition, the Canonical Chain is the full version of the Injective Chain mainnet without any form of deposit or trading restrictions.

As the tweet suggests, the project will go through significant product upgrades and releases prior to the major release of the Canonical Chain. These upgrades include integration with decentralized Oracle providers such as Band Protocol or Chainlink OCR to provide secure price feeds. Second, the team would add more institutional liquidity providers to the Injective Exchange. This improves the stability and performance of the injective API.

In particular, the official introduction of this canonical chain will take place in late October or early November this year. This will be the first fully decentralized cross-chain spot and derivatives exchange protocol.

An overview of the release of the Mainnet Canonical Chain is now ready!

Thank you to the larger Injective community for working together in this endeavor. It is recommended that everyone read the article to understand the next steps on the road to Canonical Mainnet 🧜‍♀️https: //t.co/p4WtKAGHo

– Injective 🪐 (@InjectiveLabs) September 20, 2021

3 – GameFi | My Defi Pet Collaboration to introduce lifestyle-based pet games to its NFT marketplace

My Defi Pet announced its partnership with the Gaming Finance Hub GameFi. With this coalition, My Defi Pet’s native token ($ DPET) will have the option to sell a mysterious box on GameFi at the time the feature starts.

In addition, My DeFi Pet will support the implementation of a system similar to a scholarship for DPET players on GameFi. In return, GameFi will endorse and promote My DeFi Pet when $ DPET sells NFTs or opens an NFT staking pool. Additionally, these NFTs will be added to GameFi’s marketplace to attract more gamers and investors.

#GameFi is proud to announce the collaboration with a lifestyle-based pet game on blockchain, @MyDeFiPet

Find out more at 👉https: //t.co/GMSBK9jAMe#GameFi $ GAFI

– GameFi (@GameFi_Official) September 20, 2021

4 – Xend Finance | Polygon | Huobi Collaboration starts at HECO & Polygon Chains

In the final top crypto news for today, we have Xend Finance announce that it will go live Polygon and Huobi eco chains. Polygon is known as Ethereum’s Internet of Blockchains, which builds and connects Ethereum-compatible networks. Meanwhile, HECO is a decentralized and cost-efficient public chain where developers can easily draft smart contracts that are seamlessly compatible.

As mentioned earlier, this integration with the Polygon and HECO chains gives members of the $ XEND community the opportunity to explore a multi-chain support ecosystem. To facilitate this multi-chain integration, the project will use the leading cross-chain protocol called Anyswap Bridge. In addition, the team will roll out the automatic yield aggregator and xVault on Polygon. In addition to this, this would also help the users to access the Binance Smart Chain and the Ethereum chain. In addition, users can also earn rewards in $ XEND with high-speed transactions at low cost.

1 / We are very proud to announce that Xend Finance is now live on @ 0xPolygon and @HECO_Chain 🙌

Smart contract addresses:
✅HECO: https://t.co/nzwejgykVD
✅Polygon: https://t.co/JoNU1MpykK

Read more: https://t.co/kT5lZbrjvf

– Xend Finance (@xendfinance) September 20, 2021

Sign up to Telegram to receive free trading signals.

You can find more crypto news on Altcoin Buzz’s YouTube channel.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Cryptocurrency

Facebook’s Novi, Worldcoin, BTC ETF, Mastercard crypto

Published

on

1. Introduction of the first US futures-based Bitcoin ETF

2. Senators call out on Facebook, Novi. to turn off

Also on Tuesday, Senate Democrats wrote a letter to Mark Zuckerberg, CEO of Facebook, to get the social media giant to end its Novi digital wallet project.

The letter received from Sens. Brian Schatz, D-HI .; Sherrod Brown, D-Ohio .; Elizabeth Warren, D-Mass .; and others came after Facebook launched its Novi pilot program in the US and Guatemala on Tuesday.

“Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risk and keep consumers safe has proven to be utterly inadequate,” the letter said. “We urge you to immediately hire your Novi pilot and make a commitment not to bring Diem to market.”

Diem, renamed from Libra, is Facebook’s stopped digital currency project. However, instead of using Diem, Facebook announced it would be using a stablecoin called the Paxos Dollar. Novi would allow users to send and receive money using the Paxos dollar, with Coinbase as their custodian partner.

3. Worldcoin scans people’s eyes in exchange for free cryptocurrency

Silicon Valley tech millionaire Sam Altman has launched a new startup called Worldcoin that claims it will provide free cryptocurrency to those who verify their accounts through an iris scan.

Worldcoin says it has shipped its scanning devices to people in 12 countries.

Once users log in by scanning their irises, the image is encrypted and converted into a unique code, while the original data is erased to protect users’ privacy, Worldcoin told CNBC. Afterwards, the users will receive the cryptocurrency from Worldcoin for free.

Worldcoin has accumulated over 100,000 users worldwide and is adding 700 more every week. The start-up aims to reach 1 billion users by 2023.

4. Robinhood’s crypto wallet waiting list exceeds 1 million customers

During CNBC’s Disruptor 50 summit on Thursday, Robinhood CEO Vlad Tenev said that the trading app’s crypto wallet waiting list is more than 1 million customers.

“You can have a wallet, you can send people cryptocurrencies from that wallet to their wallet,” Tenev said. “The technology has certain advantages that somehow make it globally and by default available, and that makes it very interesting.”

Last month, Robinhood announced that it was testing a wallet feature that would allow investors to trade, send, and receive cryptocurrencies. Users can also move cryptocurrencies in and out of the Robinhood app.

5. Mastercard says that every bank or merchant in its network will soon be able to offer crypto services

On Monday, CNBC reported that Mastercard will soon allow banks and merchants on its payment network to incorporate cryptocurrency into their products.

These include bitcoin wallets, as well as credit and debit cards, which users can use to earn cryptocurrency rewards or spend cryptocurrency.

Mastercard partners with Bakkt, a digital asset platform that provides custody services to those who sign up.

6. Nigeria’s Central Bank Digital Currency Goes Live

Continue Reading

Cryptocurrency

New Ethereum-to-Cardano Bridge Will Provide NFT Creators Eco-friendly Options

Published

on

Bondly announced a new functionality on the Cardano blockchain aimed at creators. Energy consumption has been a major issue on the Ethereum network, especially given the increased use of the blockchain in recent months. The developers behind the project have been working to bring the network to proof-of-stake, but that’s still a year away.

In the meantime, the Ethereum blockchain is still using a proof-of-work mechanism that takes a lot of energy to confirm transactions on the network. So Bondly has introduced a new solution for NFT makers who may be looking for more sustainable and environmentally friendly options for their creations. At the same time, however, you don’t want to lose the NFTs that they already minted on the Ethereum blockchain.

Related reading |

Bridges between two worlds

In his announcement, Bondly says his official Ethereum-to-Cardano bridge will allow developers to choose a greener blockchain for their NFTs. This bridge allows creators to move their NFT creations from the Ethereum blockchain to the Cardano blockchain.

In terms of energy efficiency, the Cardano blockchain is four million times more efficient than Bitcoin. Ethereum is said to consume Columbia’s energy equivalent, while Cardano’s energy consumption is equivalent to that of a single family home. This will create a greener, greener network for creators who are concerned about the environmental impact of blockchain usage.

Related reading | Cardano loses 3rd place in the Crypto Top 10, why it can drop even more

Bondly announced that through this partnership with IOG NFT creators, it will provide a way to easily transfer NFTs imprinted on the Ethereum blockchain to Cardano without the risk of losing a transaction or paying high fees for wire transfers.

Cheaper on Cardano

Aside from their work on an environmentally friendly blockchain, the creators don’t have to worry about the high fees that the Ethereum network has become known for. With the bulk of NFT minting happening on Ethereum, network fees have skyrocketed, drying up smaller creators who can’t afford these high fees. However, this is not the case with Cardano.

ADA price struggles at $ 2.13 | Source: ADAUSD on TradingView.com

The network prides itself on having low fees for every transaction carried out on the blockchain. In addition, the network also provides NFT builders with price predictability and stable transaction costs, eliminating ever-increasing fees and the fear of lost transactions due to insufficient gas charges to cover a transaction.

The bridge is slated to launch in 2022 and to celebrate its launch, Bondly will be releasing a special series of eco-friendly NFTs on the network. Harry Liu, CEO of Bondly, said; “The creation of a cross-chain NFT bridge between Ethereum and Cardano marks a crucial moment in the transition from legacy blockchain technology to one of the most anticipated “third generation” networks. As one of the pioneers of the NFT movement, we continue to play a key role in building the infrastructure that will usher in the next phase of the NFT evolution. “

Related reading | Cardano enters the Babbage era after the Alonzo HFC milestone

Liu isn’t the only one who loves the bridge. Cardano founder Charles Hoskinson expressed support for the project. “We built Cardano with energy efficiency in mind, which is why this partnership with Bondly is so critical,” said Hoskinson. “We believe that blockchain will only achieve mass adoption if end users have a seamless experience regardless of which blockchain they are using, whatever bridges like this one will achieve.”

The founder has always believed that interoperability will be the future of the blockchain industry and that stance is reinforced with the new partnership with Bondly.

Featured image from Bitcoinist, chart from TradingView.com

Continue Reading

Cryptocurrency

Cryptocurrency panel discusses innovation, investment opportunities – Oakland News Now

Published

on

Oakland news now –

Cryptocurrency Panel Discusses Innovation, Investment Opportunities

– YouTube channel video with the logo in the top left corner of the video. OaklandNewsNow.com is the original blog post for this type of video blog content.

Crytpo #bitcoin #investingincrypto #YFAMS #YahooAMS Jennifer Schonberger from Yahoo Finance hosts a comprehensive discussion on cryptocurrency with three …

about IFTTT

Note from Zennie62Media and OaklandNewsNow.com: This video blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media, Inc. network for video blogging systems for mobile media launched in June 2018 by Zennie62Media, Inc .s new and innovative approach to news media production. What we call “The Third Wave of Media”. The uploaded video is from a YouTube channel. When the YouTube video channel for Yahoo Finance uploads a video, it is automatically uploaded to the Oakland News Now site and Zennie62’s own social media pages and formatted automatically. The overall goal here is, in addition to our smartphone-enabled real-time reporting of news, interviews, observations and events anywhere in the world and within seconds, not hours – the use of the existing YouTube social graphic on any topic in the world. Now messages are reported with the smartphone and also by advertising current content on YouTube: There is no need for heavy and expensive cameras or even a laptop or a camera team to film what is already on YouTube. The secondary goal is faster and very inexpensive production and distribution of media content. We found that there is a discrepancy between post length and time to product and revenue generated. This means that the problem is much smaller, but by no means solved. Zennie62Media is constantly working to improve the system’s network encoding and is looking for interested content and media technology partners.

Oakland News Now Latest Posts

  • New study raises serious concerns about Covid’s long-term effects
  • The White House is “deeply alarmed” by reports of the military coup in Sudan
  • Local group supports women of color with breast cancer
  • LIVE: All Markets Summit Yahoo Finance
  • LaMelo UNREAL STEPBACK Move & Full Court Touchdown Pass
  • Saints vs. Seahawks Scoreboard: Join the Entertainment and Watch the Game on ESPN!
  • Facebook Papers documents reveal internal anger and disagreement over the site’s policies
  • Bet on it | Monday night football tips and predictions | Seattle Seahawks versus New Orleans Saints
  • Domantas Sabonis with a SPIN MOVE & Dunks on Giannis
  • Internal documents Feveal Facebook knew about the damage to the platform
  • LIVE: The Coach McVay Show: Sean McVay collapses the Rams’ win over the Lions and previews the Texans matchup
  • James Michael Tyler dies at the age of 59
  • CEO Mark Zuckerberg reacts to the massive document dump from Facebook
  • Kash Doll on breaking up with ex-boyfriend over her photo with Drake (flashback)
  • Take me hostage later | General Hospital (October 25, 2021)
  • Saints vs. Seahawks Pregame Huddle | 2021 NFL week 7
  • Next round: shopping! | Jakarta Mall equips employees with “Squid Game” costumes
  • LIVE: Watch Very Sacramento by KCRA NOW! Sacramento News, Weather and More.
  • Deshaun Watson Trade Rumors and Top Destinations Ahead NFL Closing Ft. Dolphins and panthers
  • New details on deadly shootings on the film set “Rust”
  • LaMelo Over His Head to Bridges for creative high-IQ dime!
  • LaMelo “Eyes on the Back” Pass & Back-to-Back Threes vs Celtics
  • How NFTs can bring a new perspective to the NFL and other sports
  • Astros and Braves meet between two old rivals in the World Series
  • Halo Infinite Campaign Now Looks Much Better | GameSpot news
  • Bomb cyclone in the west, bomb cyclone in the east
  • Members of the Congress and White House officials reportedly met with organizers of the protest on Jan.
  • LIVE: Seahawks vs. Saints Week 7 Prelude Report | 2021 NFL
  • Was Caleb Williams’ wild 4th down conversion a smart game? | (questionable)
  • Sticking points on Biden’s agenda
  • Who is to blame for the ‘Rust’ shooting?
  • UN strongly condemns military coup in Sudan
  • Crypto can be part of a diversified portfolio: Amy Arnott. by Morningstar
  • ‘Rust’ assistant director fired from previous film after a prop gun was unloaded
  • Author of Bitcoin & Black America: The Fed Should “Examine Bitcoin as a Reserve Value”
  • ‘This is a huge boost for us’ | World Series Games, Quilt Festival to boost business in downtown Houston
  • Could Rivian be the new Ford killer?
  • “No Repeat Champion” Astros v Braves World Series – The Michael Kay Show
  • Cryptocurrency Panel Discusses Innovation, Investment Opportunities
  • Free NBA Basketball Predictions and Tips Today 26/10/21 NBA Betting Tips🏀

Oakland News Online links from Oakland’s only news aggregator blog

Oakland News Now Archive

Oakland News Now Archives Select month October 2021 (3424) September 2021 (1111) August 2021 (843) July 2021 (725) June 2021 (431) May 2021 (393) April 2021 (463) March 2021 (320) February 2021 (315 .)) January 2021 (356) December 2020 (319) November 2020 (349) October 2020 (444) September 2020 (445) August 2020 (496) July 2020 (462) June 2020 (391) May 2020 (301) April 2020 (289.)) March 2020 (239) February 2020 (221) January 2020 (262) December 2019 (161) November 2019 (183) October 2019 (226) September 2019 (173) August 2019 (231) July 2019 (239) June 2019 (194.)) May 2019 (137) April 2019 (224) March 2019 (164) February 2019 (142) January 2019 (181) December 2018 (147) November 2018 (168) October 2018 (173) September 2018 ( 192) August 2018 (183) July 2018 (176) June 2018 (125) May 2018 (28) April 2018 (18)

Continue Reading
Advertisement

Trending