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SEC Chair Pledges to do more to Foster Crypto Investor Protection

May 21, 2021 by Ogwu Osaemezu Emmanuel at Regulation

Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler has declared during the 2021 FINRA annual conference, that his administration will do everything possible to put in place active policies that would foster consumer protection in the country's crypto ecosystem. Gensler Leaving no Loophole for Bad Actors ...

HaloDAO Raises $3.5M Seed For Stablecoin Marketplace Protocol Targeting Crypto’s Largest Market Opportunity

May 21, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

SINGAPORE, May 21, 2021 — HaloDAO, a decentralized finance protocol designed to address the growing demand for stablecoins, has closed a $3.5 million seed investment round led by Parataxis Capital. Additional funds participating in the round include QCP Soteria, GBV (Genesis Block Ventures), Spartan Group, NGC, CMS Holdings, LedgerPrime, Genblock,...

Vitalik Buterin: Cryptocurrency Getting Ready for Mainstream Adoption

May 21, 2021 by Ogwu Osaemezu Emmanuel at Ethereum

Vitalik Buterin has made it clear in an exclusive interview with CNN Business on May 20, 2021, that despite the latest cryptocurrency market crash, crypto is not just a toy anymore and the industry is getting ripe for mainstream adoption. Buterin says he thinks Bitcoin could be left behind in...

Full Aggregation Protocol OpenOcean Launches Multi-Language Support – Chinese, Japanese, Spanish, and Russian

May 21, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

May 21, 2021 — OpenOcean, the world’s first DeFi & CeFi full aggregator, is expanding its coverage of global markets by providing support for some of the largest languages by number of speakers and crypto users. OpenOcean users speaking Chinese, Japanese, Spanish and Russian will be able to enjoy not...

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Holoride to Deploy Elrond Blockchain and NFTs in Its Ecosystem

May 20, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

Audi-backed startup Holoride has announced that it is deploying blockchain technology for its immersive media platform. The platform also underlined its mission to expand into blockchain and non-fungible tokens (NFT). Holoride Chooses Elrond Blockchain Holoride revealed this development in a press release on May 20, 2021. The startup also stated...

Technology Pushes Casino Gambling to New Heights Using Blockchain and Crypto

Virtue Poker Announces Date For Its Upcoming IDO – May 28

May 20, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

The world of blockchain gambling has undergone tremendous changes over the years. It remains essential for service providers to push the boundaries of what one can achieve in this space. For Virtue Poker, the plan is to bring its VPP token to more people and venture into the world of...

deFIRE Teams Up with Coin360 to Obtain Cardano Market Data

May 20, 2021 by Ogwu Osaemezu Emmanuel at News

Smart order routing engine deFIRE has announced a partnership with crypto market data aggregator Coin360. The alliance comes at a crucial time with the debut of defi applications on Cardano’s blockchain and its eventual handling of high-volume institutional order flows beside scores of trades made by retail investors. Those looking...

Yesterday Uniswap V3 reached 81% of the volume as Uniswap V2

Uniswap V3 Volume Surpasses SushiSwap Despite Crazy Gas Fees

May 20, 2021 by Ogwu Osaemezu Emmanuel at DeFi

Messari’s Ryan Watkins has revealed via a Twitter thread on May 19, 2021, that Uniswap v3 is now the second-largest Ethereum-based decentralized finance protocol (DeFi) barely two weeks after going live on the Ethereum mainnet. Uniswap V3 Sees Exponential Growth While the recently launched Uniswap V3 has not lived up...

Over-leveraged Liquidations Seriously Fueled Crypto Markets Bloodbath

Alameda Research: Over-Leveraged Liquidations Fueled Crypto Markets Bloodbath

May 20, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

As the global crypto markets try to recover from the latest bloodbath that saw the value of the global cryptocurrency markets crash significantly below the psychological $2 trillion this week, analysts have revealed that the correction was not entirely caused by Elon Musk’s actions or the latest China crypto ban,...

Saxo Bank Arm Launches Trading of BTC, ETH, LTC Against Major Currencies

Saxo Markets Unveils BTC, ETH and LTC Trading, Despite Crypto Markets Correction

May 19, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

Saxo Markets now supports the trading of three major cryptocurrencies in its foreign exchange markets. The new offering makes it possible for its Singaporean and Australian clients to trade bitcoin (BTC), ether (ETH), and litecoin (LTC) against the U.S. dollar, the euro, and the Japanese yen. Meanwhile, the price of...

How Phemex is Making 10,000 BTC Pizzas Even More Delectable

May 19, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

If you ask anyone in the blockchain industry about pizza, they’re unlikely to hesitate before telling you about Laszlo Hanyecz. In May 2010, the Florida-based computer programmer announced that he wanted to purchase two pizzas for the price of 10,000 BTC. He said he didn’t care how it was done,...

Banking App Current Picks Polkadot for Its DeFi Debut

Current Mobile Banking App Joins the DeFi Train Via Polkadot’s Acala Network

May 19, 2021 by Ogwu Osaemezu Emmanuel at DeFi

Current has announced plans to integrate decentralized finance (DeFi) features into its mobile banking app, starting with Polkadot’s Acala Network. Current’s deal with Acala will make it possible for the team to build hybrid finance (HyFi) ecosystem enabling consumers to enjoy the benefits of both traditional and decentralized financial applications,...

Supply Chain Blockchain Machine Boxes Factory Brown Blue

Italy’s Birra Peroni Adopts EY OpsChain for Supply Chain Traceability

May 18, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

Ernst & Young (EY) has announced that Birra Peroni is now using its Ethereum-powered EY OpsChain distributed ledger for its beer supply chain traceability. The team says Birra Peroni uses the EY OpsChain blockchain-as-a-service solution to mint unique non-fungible tokens for each batch of beer produced, in a bid to...

Bitcoin’s hashrate bounces back from post-halving dip

Long-Term Hodlers Buying the Dip Despite Elon Musk’s Bitcoin FUD

May 18, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

Glassnode analysts have revealed via a May 17, 2021 newsletter, that more experienced crypto investors are actively stacking up bitcoin (BTC) during this Elon Musk-triggered market correction, while a vast majority of crypto newbies have sold off their coins at a loss. Weak Hands Dump their Bitcoins (BTC) The events...

Cook Finance is Now Live on Ethereum Rinkeby Testnet

May 18, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

Cook Finance, a cross-chain decentralized asset management platform, today announced the launch of its first DApp on Ethereum Rinkeby Testnet. The latter is a proof-of-authority blockchain that simulates Ethereum to give the developers a chance to kick the tires before real assets are involved. The test network runs the same...

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