Ledger

RippleX exec says ODL is ‘killer value proposition to Ripple Net’

Despite the ongoing SEC vs Ripple Labs lawsuit and the market experiencing a dip, Ripple has been making waves in crypto news. During an episode of the Thinking Crypto podcast, RippleX General Manager Monica Long spoke to host Tony Edward about Ripple’s recent performance, multi-chain development, and the XRP Ledger technology. Water, water everywhere Calling ODL the “killer value proposition to Ripple Net,” Long explained, “So you know, ODL’s been in market for a few years now and Q3 was definitely, you know, the most outstanding…And the volume through ODL

How To Use Phantom Wallet

Table of Contents What is a Phantom Wallet?  Phantom Wallet is a Solana-based cryptocurrency wallet that enables users to utilize decentralized applications (dapps) and organize digital assets on the Solana blockchain. It creates private keys to secure users’ funds, assets and execute digital transactions.  The wallet is specifically built to help Solana users send, receive, store, swap, and stake tokens on a blockchain. It is non-custodial, has a built-in DEX, and supports the Ledger hardware wallet and Web3 applications.  How To Create Your Phantom Wallet 1. Visit Phantom Wallet’s official

Crypto Investor News for 11/16

Your Crypto Rights (Binance): A manifesto for how the crypto industry needs to evolve, with a priority on your rights as an investor. Investor Takeaway: Binance, which makes up part of our Future Winners portfolio, is once again leading the charge with a future-focused take on crypto regulation. We agree with all ten points. Read them. A six-minute explainer video on DeFi, courtesy of Wall Street Journal.Investor takeaway: Remember, the platform that most DeFi is built upon is Ethereum, which is why we buy and hold ETH for the long

U.S. Treasury Department & Israel Form Joint Venture to Combat Cyber Crime

The U.S. and Israel join forces to combat the growing threat of ransomware attacks that often leave fiscal destruction in their wake for the affected victims.Sponsored Sponsored The U.S. Treasury Department is joining forces with Israel to combat the threat of ransomware. The U.S. Deputy Treasury Secretary met with two Israeli officials, the Minister of Finance and the National Cyber Directorate Director-General, to formalize the joint venture launch. The venture seeks to oversee “the development of risk mitigation tools for law enforcement to enhance the efficiency of analytical and enforcement

Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming. November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network. The new chain represents a significant move for the ecosystem, signalling the project’s ambition to increase adoption with a particular focus on the fast-growing decentralized finance (DeFi) space.  Coinciding with this announcement, the team behind

Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries like the Philippines. Naavik Researchers Take a Deep Dive Into Axie Infinity — ‘Scholar’ Earnings Have Been Dropping Since August The Ethereum-based blockchain game Axie Infinity is one of the most popular video games hosted

Lumenswap launches first round of its lottery!

Lumenswap is a decentralized exchange handling the swapping and trading of digital assets. It is built on the Stellar blockchain and allows users to seamlessly spot trade through its exchange. Users get the chance to create their own trading pairs and trade on a distributed network apart from the already available trading pairs. It also has an order limit feature that allows for the proper execution of trades. Lumenswap also has a swap service that gives users the best rates on assets such as the ETH, LSP (Lumenswap token), USDC,

What is the FATF Guidance on DeFi?

Share some Bitpinas love:By Hans DoringoThe Financial Action Task Force (FATF), an intergovernmental anti-money laundering watchdog, released last October 28, 2021, revisions and updates to its virtual asset guidance for virtual asset service providers (VASPs) which was first issued in 2019.In keeping with the feedback and reviews concerning the uncertainty of how the FATF would apply its VASP standards to decentralized finance (DeFi), the body proceeded on finalizing the guidance during its plenary meeting that lasted until October. The updated version of the guidance includes clarifications on FATF’s proposal to

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

CBDC Likely, But Not With Blockchain Says Former Boston Fed President

Eric Rosengren, former President of the Federal Reserve Bank of Boston made a public statement making the concept of a central bank digital currency (CBDC) for the USA a little more clear. However, be believes that blockchain will not be involved.Sponsored Sponsored In Rosengren’s comments on the potential of a US CBDC, he suggests that it will exist in the future. He also said because it would require an agreement between the White House, Congress, and the Fed, that it could take a long time. Interestingly, Rosengren clarifies that a

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches