Crypto news

Eric Adams – New York’s newly elected mayor – has just confirmed that he will accept his first three paychecks in Bitcoin. This comes shortly after the mayor delivered an electoral victory speech promising to make New York “a center for Bitcoin.” In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait! —...

Madhur Deora – CFO of Paytm – recently said that his company might enable Bitcoin offerings if it gains permission from Indian regulators. Paytm is one of India’s largest mobile payment platform, meaning over 330 million users could gain access to simplified Bitcoin payments if the company follows through. Waiting on Regulator’s Permission The CFO hinted at possible Bitcoin services in an interview with Bloomberg this Thursday. In conversation with Haslinda Amin and Rishaad...

Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA. Ethereum is the blockchain development platform of choice, but it has limitations such as low throughput, poor UX, and no sovereignty. As a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, Polygon breaks through...

Erstes Büro in der Schweiz: Bitmex plant nach Europa zu expandieren. Das sind mal News, denn Bitmex ist eine der granz grossen Bitcoin-Börsen. Erhält die Schweiz endlich eine echte Bitcoin-Börse? Mit Hauptsitz auf den Seychellen, einem Inselstaat im Indischen Ozean, ist Bitmex eine der weltweit führenden Kryptobörsen für Bitcoin-Derivate. In einer Mitteilung am letzten Sonntag gab das Unternehmen bekannt, im Januar 2022 ein Büro, entweder in Zug...

Since the blockchain technology and crypto have become the power of next industrial revolution in recent years, Africa has been making concerted efforts to ensure inclusion in the conversation. As a multipurpose African bank with over 200,000 customers around the world, DafriBank brings the Digital Bank of Africa (DBA) project into existence, and aims for making it the Africa’s number 1 cryptocurrency. Taking a step forward, DBA is listed on trading platforms like LBank...

The town of Rockdale, Texas is small and doesn’t have much of a population. It may not seem like the city has much to offer, but for bitcoin miners, the amount of open space combined with low energy costs is a dream come true, and two big companies – Bit Deer and Riot Blockchain – are duking it out for dominance over the area. Rockdale Is the Envy of Major BTC Miners Both companies are within proximity of each other. In fact, Bit Deer – a division of Bitmain, arguably...

Small Love Potion (SLP) is up a whopping 100% in the past 24 hours. The massive games come on the back of Axie Infinity, the project, part of whose ecosystem SLP is, launching a decentralized exchange. Play-to-Earn continues to be a dominating field in the cryptocurrency industry, and today is just another proof of it. Small Love Potion is a token part of the ecosystem of Axie Infinity. In fact, it’s the cryptocurrency that players earn while playing the game, and it can also...

The metaverse is where all the rage is now, and Enjin has ambitious plans to support projects in its ecosystem designed towards a decentralized metaverse. Consequently, the blockchain-powered gaming platform announced the formation of a $100 million fund on November 4th. Dubbed ‘Efinity Metaverse Fund,’ the main objective behind it is to support its partners in the ecosystem partners and foster the development of a decentralized metaverse. Everything about Enjin’s Efinity...

CME Futures, the futures-exchange giant that offers regulated bitcoin services, has secured a massive investment from Google worth $1 billion aiming to transfer its core trading systems to the cloud. The news was first reported by the Wall Street Journal, and informs that the tech giant will provide its cloud services to CME to “power markets that handle trillions of dollars in trades each day.” The two parties have agreed on a ten-year partnership. CME will strive to onboard...

Key Support level: $0.000047 Key Resistance level: $0.000054 SHIB’s bullish momentum has vanished and now the coin seems to be back to reality – a point that we discussed in the last analysis. After SHIB broke below the descending triangle in blue, the selloff started and has not faded one bit since. It’s another day of major losses for SHIB holders as the coin drops a further 20%. The exit sign was given when the bottom of the triangle became resistance after being support...