The Foundation behind the popular blockchain project – Algorand – has started a new initiative aiming to enhance the developments in the DeFi sector. Called Viridis DeFi Program, it will be a $300 million fund to support innovation on the Algorand network. In a statement dated September 10th, The Algorand Foundation announced the launch of its latest product called Viridis DeFi Program. In it, the organization has allocated 150 million of the native cryptocurrency – ALGO –...
Read More »CryptoCom Becomes PSG’s First Official Crypto Platform Partner
French soccer giant Paris Saint-Germain (PSG) has announced a new multi-year deal that will see digital asset trading platform CryptoCom become the club’s first official crypto platform partner. CryptoCom and PSG to Launch NFTs As per the partnership agreement, seen by CryptoPotato, CryptoCom will use its native token CRO to pay a significant portion of the sponsorship fee. The exchange will also house the collaborative and exclusive Non-Fungible Tokens (NFTs) that the club...
Read More »Bitcoin Cash Analysis: Risk of More Losses Below $630
Bitcoin cash price started a fresh decline from well above $750 against the US Dollar. The price is now trading below the $700 zone and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $665 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to decline unless it clears the $685 and $695 resistance levels. Bitcoin cash price is struggling to recover above $700 against the...
Read More »White Hacker Marc Ruberg veröffentlicht „Cyber War“
Marc Ruberg, einer der bekanntesten White Hacker, gibt in seinem neuen Buch „Cyber War – Die digitale Bedrohung“ Einblick in die Hackerszene, wie sie nur ein Insider veröffentlichen kann. Marc Ruberg ist Verantwortlicher für das Hochschulnetz des Landes Baden-Württemberg, stimmberechtigtes Mitglied im berühmt-berüchtigten Chaos Computer Club (CCC) und aktives Mitglied im Diplomatic Council, einem globalen Think Tank mit Beraterstatus bei den Vereinten Nationen (UNO). Der...
Read More »FINMA bewilligt erstmals Börse und Zentralverwahrer für Handel mit Token
Die Eidgenössische Finanzmarktaufsicht FINMA hat zwei Bewilligungen zum Betrieb von Finanzmarktinfrastrukturen erteilt, die auf der sogenannten Distributed Ledger Technologie (DLT) basieren. So bewilligt die FINMA die SIX Digital Exchange AG als Zentralverwahrerin und die damit verbundene SDX Trading AG als Börse. Damit werden am Schweizer Finanzplatz erstmals Bewilligungen für Infrastrukturen ausgesprochen, die den Handel von digitalisierten...
Read More »Cardano Addresses the Smart Contracts Criticism In-Depth
Cardano, the third-largest cryptocurrency by market capitalization, has been gathering momentum in anticipation of its smart contracts mainnet upgrade. The Cardano team announced in September 2021 that the smart contract functionality was made available on its Alonzo testnet, while its mainnet is expected to be deployed by September 12.. However, the feature has been under criticism by some in the cryptocurrency industry due to a concurrency issue. But there are some, like...
Read More »The FCA Goes After Kim Kardashian for Crypto Instagram Post
Celebrity and reality star Kim Kardashian is taking some guff from the U.K. Financial Conduct Authority (FCA) for a recent Instagram post involving cryptocurrency. Kim Kardashian and the FCA Go Head to Head The post discussed a new crypto asset known as Ethereum Max, and Kardashian is getting the stink eye after asking all her followers to consider joining the “Ethereum Max Community.” Charles Randell – head of the FCA – stated in an interview that this could have been...
Read More »Mark Mobius: El Salvador Is Wrong to Push BTC
Legendary investor Mark Mobius doesn’t think much of bitcoin. He also doesn’t think much of El Salvador’s decision to make bitcoin legal tender. In a fiery new interview, he says that the Central American country is likely to stand on its own in this department, and he doesn’t see other countries following suit when it comes to digital currency. Mark Mobius on El Salvador’s BTC Decisions El Salvador first declared in June that it was going to make bitcoin legal tender....
Read More »Everything You Need to Know About Bitcoin in 2021
Cryptocurrency is getting a lot of coverage in the news lately, but many people don’t understand its purpose or how it works. You have likely seen an advertisement for Coinbase, an app where you earn crypto by learning about it. Or maybe your friends have talked about the earning potential of Bitcoin, LiteCoin, Ethereum, DogeCoin, or any other digital currency. Like many, you might wonder if you’re missing out. Bitcoin, and other cryptos, aren’t a get-rich-quick scheme...
Read More »Mastercard Purchases Crypto Intelligence Company CipherTrace to Boost Security
In another step towards cryptocurrency adoption, Mastercard now plans to acquire CipherTrace– a crypto and blockchain intelligence company aimed at providing anti-money laundering and fraud protection solutions to the digital asset space. How CipherTrace Helps Mastercard The acquisition will help Mastercard provide transparency to their clients regarding payment and investment across the cryptocurrency industry. This not only helps customers to understand their risks when...
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