Crypto news

INTERNET CITY, DUBAI, Oct. 31st, 2022 –As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 31stOctober. For a more...

Solana price started a decent increase above the $28 resistance against the US Dollar. The price is now trading above $30.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $31.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $33.00 and $33.80 to continue higher in the near term. Solana price is trading above $31 against the US Dollar, similar to bitcoin. SOL could start a...

Revolut, die globale Finanz-Super-App mit mehr als 20 Millionen Kund*innen weltweit, hat heute Kryptozahlungen per Karte in der Schweiz und in Großbritannien eingeführt. Kund*innen können nun ihre Kryptowährungen zum Bezahlen nutzen. Die neue Funktion kann auf jeder bestehenden Karte aktiviert werden. Sie ermöglicht es Kund*innen, Kryptowährungen als Zahlungsmethode auszuwählen – neben mehr als 150 internationalen Währungen, die bereits von Revolut unterstützt und für Kartenzahlungen...

Ethereum (ETH) was on an absolute rampage to finish October with 20% 7D gains and record ETH short liquidations. Adding to the Web3 blockchain’s tailwinds, Alphabet Inc.’s Google just unveiled Blockchain Node Engine with support for Ethereum. In Blockchain Node Engine, Google boasts a fully managed node-hosting service for Web3 developers. Google Cloud touts Cloud for Web3 as a way for blockchain devs to: “Build and scale faster with simple, secure tools and infrastructure...

Mohamed El-Erian – Chief Economic Adviser at Allianz – thinks bitcoin will never emerge as a global reserve currency, and its price will not surpass the $100K milestone. Still, he believes the cryptocurrency sector will survive the ongoing bear market and remain a vital part of “the ecosystem of payments.” Bitcoin Isn’t Going to the Moon In a recent interview for CNBC, El-Erian described bitcoin as a technological innovation that reached its peak (nearly $70,000 in November...

Leading global payment processor Visa has launched a new non-fungible token (NFTs) solution dubbed “Visa Masters of Movement,” designed to engage football fans in the FIFA World Cup Qatar 2022. Visa has been the official payment partner of the International Federation of Associations of Football (FIFA) since 2007. The payments giant described its new product as the “first of its kind” hybrid experience that features a pre-event NFT auction and immersive activation for...

Nikolai Mushegian – an early contributor to MakerDAO – has been found dead at 29 after reportedly drowning at sea in San Juan, Puerto Rico.  The developer was known within the crypto community for supporting multiple projects and technologies, with some calling him the “DAI architect.” Mushegian’s Passing The local news outlet El Nuevo Dia confirmed Mushegian’s death on Friday, revealing he’d been “swept away by sea currents” at Conando Beach in San Juan.  The beach’s strong...

The finalization of the Twitter-Musk deal triggered a massive price expansion for the first-ever memecoin, which has soared by nearly 100% in less than a week. As a result, DOGE addresses richer than $1 million surpassed 1,000 for the first time since April 2022. The cryptocurrency market has recently taken a breath of fresh air after several months of prolonged crypto winter, and Dogecoin has been at the forefront. The token’s price started surging on the news that Elon Musk...

Bitcoin fell again in mid-October following the release of a jobs report that showed the Labor Department adding less than 264,000 jobs during the previous month of September. This was considerably less than what many analysts and labor experts felt would occur. Jobs Didn’t Look Great in September The jobs report resulted in massive hits to the crypto market, with bitcoin falling by more than three percent and eventually settling in the $19,300 range. Ethereum and many...

The field of cryptocurrencies has expanded tremendously over the past couple of years. The rise of new projects also presents various ways developers are tackling existing problems in the field. One term that is tossed around quite often is the “BFT consensus mechanism.” BFT stands for Byzantine Fault Tolerance, and it presents a theoretical problem in computer systems that existed long before Bitcoin. However, many blockchain-based protocols are engaged in solving the...