Face

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

Good morning, Here’s what’s happening this morning: Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop. Technician’s take: Short-term upside appears to be limited given the loss of positive momentum. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $64,514 +0.4% Ether (ETH): $4,562 -1.7% Market moves Bitcoin was trading flat after Taproot, the blockchain’s biggest network upgrade in four years, went live. The upgrade, which took effect at 5:15 coordinated universal time (1:15 a.m.

‘Properties like Ethereum, Algorand are gonna go up’ because…

The market **is** choosing — Bitcoin and other cryptocurrencies — over paper money, with which governments are conducting a very dangerous experiment. Although, here’s another common scenario. Buying Bitcoin is better than putting their money into traditional assets like stocks, bonds and gold. This renowned hedge fund manager recently discussed the same in a CNBC interview – although incorporated a different scenario to this discussion. Anthony Scaramucci, a former White House Communications Director expects Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) to serve gold’s role as the superior inflationary hedge.

Another Leading DEX Is Choosing the Order Book Mechanism

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

How to Best Protect Your Money From Hackers as Crypto Markets Boom

“I got hacked and don’t even know how it happened,” mourned one crypto user on Twitter. “I left my wallet open in my browser on MetaMask and they got into my wallet. Lost all saitama, floki and hokk.”Sponsored Sponsored A small crypto investor, @ltjyaussie says he has always been careful with wallet security issues but did not know what hit him this time around. The Cyprus-based investor was a victim of a systematic attack. Against all his perceived defenses, he still got taken for a ride. He’s just one of

The Squid Game Cryptocurrency Scam – What Happened?

You may have heard of a new Netflix series making headlines, Squid Game took the world by storm and was quickly recognized as the most-watched show after hitting 111 million views in a month. The show is based within Korean culture and features a covert game show run for and by the elite. People who are deeply in debt are sourced and offered an opportunity to make billions, but when they arrive not all is as it seemed. The game features 6 rounds, each round is based on kids’ Korean

Facebook Metaverse NFTs Are Coming | This Week in Crypto – Nov 1, 2021

 Facebook’s Metaverse will support NFTs, Mastercard reveals new crypto offerings, and guess which actor is now the new face of cryptocurrency? These stories and more this week in crypto. Facebook unveiled an ambitious framework for creating a virtual world known as the Metaverse. The new company name, Meta, reflects the company’s aim to integrate real and digital worlds ever more seamlessly, using technologies such as virtual reality and augmented reality. Part of that vision also includes a role for non-fungible tokens and its forthcoming cryptocurrency, Diem. Financial giant Mastercard

What is Dragonbite? (BITE)

DragonBite is an open decentralized asset management platform for customers to store and swap all digital assets in one app. Retail customers have always been big fans of loyalty programs, not only to express their approval of a product or a service but also because of the exciting perks that come with them. The problem is, the rules of these programs are often restrictive, and their rewards are too limited resulting in slim benefits for consumers, which they cannot enjoy. Fortunately, blockchain can change all of this.  Table of Contents Background 

UniLend lists on AscendEX

AscendEX is excited to announce the UniLend token (UFT) listing under the trading pair UFT/USDT on Oct. 18 at 1 p.m. UTC. UniLend is a comprehensive permissionless DeFi protocol that combines both spot trading services and lending and borrowing functionality within the same platform. The interest rates and collateralization ratio are based on supply, demand, and community governance, whereas borrowing limits are decided by liquidity in the trading pairs. Unlike other DeFi protocols, which only support a limited number of assets, UniLend allows for any asset to list on its

ADALend’s Revolutionary GM for an Evolutionary Cardano Based DeFi

sponsored DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks. ADALend continues the string of innovations in DeFi under the guidance of its GM. Javed Khattak, A qualified actuary (FIA), an award winning C-suite executive, and a successful serial entrepreneur who was awarded CFO of the year in 2018 by Wealth & Finance magazine, listed in the the top 20 individuals behind ICOs in 2017, a track record

Polkadot Declines, Faces Stiff Resistance at the $34 Level

Sep 25, 2021 at 10:07 // News The price of Polkadot (DOT) has made impressive moves as the altcoin attempts to break above the $34 resistance zone. In the last 48 hours, buyers have retested the $34 level in an attempt to break it. The market will rally above $38 if the current resistance level is broken. However, if it is rejected, DOT will fall and resume its downward movement. Meanwhile, DOT/USD has fallen sharply to a low of $30.50 at press time. Buyers could not sustain the bullish momentum

Wall Street-Style Crypto Regulation Coming, Says Kraken Lawyer

The cryptocurrency industry should brace for ‘Wall Street-style’ regulation, according to Kraken Chief Legal Officer Marco Santori.Sponsored Sponsored “You’re just living in a fantasy world if you don’t believe that this industry is going to face heavier, more Wall Street-like regulation from governments in the U.S. and abroad, and Kraken has simply been practical about that future,” Santori told Bloomberg. Authorities have been cracking down on the cryptocurrency industry over the past few months, taking issue with everything from stablecoins to decentralized exchanges to lending products. As warnings mount from state