networks

Trusted Node Hits Over $31 Million TVL In Two Weeks as Adoption Grows

Source Node: https://bitcoinist.com/trusted-node-hits-over-31-million-tvl-in-two-weeks-as-adoption-grows/?utm_source=rss&utm_medium=rss&utm_campaign=trusted-node-hits-over-31-million-tvl-in-two-weeks-as-adoption-grows
Time Stamp: November 2, 2021 7:16 AM - Modified On: November 2, 2021 - Published By:
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Trusted Node has now recorded over $31 million TVL in about two weeks of operation. The validator network created by the ex-CEO of Bitcoin.com, one of the leading websites in the crypto space, has seen tremendous success since its launch. Trusted Node has opened up a pathway for users in the space to reap the rewards associated with proof of stake networks without having to worry about any of the barriers to entry. This unique service offered by Trusted Node has made it a beloved project in the space. Trusted

DeFi Deep Dive — Covalent, Blockchain Data Unifier

Source Node: https://beincrypto.com/defi-deep-dive-covalent-blockchain-data-unifier/
Time Stamp: October 17, 2021 9:00 AM - Modified On: October 17, 2021 - Published By:
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One of the problems facing Web 3.0 is the unification of scattered decentralized networks. Covalent is addressing this issue. It gives developers access to smart contract data to survey the entire blockchain ecosystem.Sponsored Sponsored Covalent makes it easier for investors to glean insights and performance of digital assets. This is done through its unified API (application programming interface) that indexes blockchains. These range from NFTs to DeFi protocols. A brief history Ganesh Swami and Levi Aul started Covalent, expanding to a 35-person team. Across all personnel, they have extensive cumulative

As Bitcoin inches towards $60K, Q4 may see ‘parabolic moves in all of crypto’

Source Node: https://ambcrypto.com/as-bitcoin-inches-towards-60k-q4-may-see-parabolic-moves-in-all-of-crypto/
Time Stamp: October 8, 2021 8:30 PM - Modified On: October 8, 2021 - Published By:
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Earlier this week, Bitcoin broke through the psychologically important mark of $50,000 for the first time in a month, causing many investors to turn their eyes to the top cryptocurrency again. The resurgence of interest in bitcoin recently has resulted in higher trading volumes, combined with mega whale moves. Someone(s) bought up $1.6B worth $BTC via market orders in just 5 minutes. Short liquidations seem relatively smaller like $17M at that time. This is more like whale buying, not cascade liquidations.https://t.co/dD3OsykiET pic.twitter.com/0NnvbmaYYm — Ki Young Ju 주기영 (@ki_young_ju) October 6,

U.S. Won’t Ban Crypto | This Week in Crypto – Oct 4, 2021

Source Node: https://99bitcoins.com/bitcoin-news-summary-oct-4-2021/
Time Stamp: October 4, 2021 1:00 AM - Modified On: October 4, 2021 - Published By:
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 The US gives a green light to cryptos, TikTok launches its own NFTs, and can professional crypto traders be outmatched…by a hamster?! These stories and more this week in crypto. The Chairman of the US Federal Reserve, Jerome Powell said that the United States has no intentions of banning cryptocurrencies, including Bitcoin. He still asserted that some digital assets, stablecoins in particular, have to be regulated. This fresh, more optimistic US approach had an immediate positive effect on the entire market at the end of the week. TikTok has

Terra to Apply Columbus 5 Mainnet Migration

Source Node: https://news.bitcoin.com/terra-to-apply-columbus-5-mainnet-migration/
Time Stamp: September 30, 2021 8:30 AM - Modified On: September 30, 2021 - Published By:
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Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding. Columbus 5 will change how the network mints UST (terrausd), the main stablecoin of the blockchain, and will also bring integration with other chains, and faster transactions. Columbus 5 to Go Live Today Terra, a smart contract-enabled cryptocurrency chain, is prepared to apply the new Columbus 5 mainnet upgrade today.

Visa working on blockchain interoperability hub for crypto payments

Source Node: https://cointelegraph.com/news/visa-working-on-blockchain-interoperability-hub-for-crypto-payments
Time Stamp: September 30, 2021 7:58 AM - Modified On: September 30, 2021 - Published By:
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Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC).According to an official announcement on Thursday, Visa’s research team is working on a “Universal Payment Channel” (UPC) initiative, a blockchain interoperability hub connecting multiple blockchain networks and enabling transfers of digital assets from different protocols and wallets.“Imagine splitting the check with your friends, when everyone at the table is using a different type of money — some using CBDC like

Visa develops interoperability concept for central bank digital currency payments

Source Node: https://www.theblockcrypto.com/post/119117/visa-universal-payment-channel-interoperability-cbdc?utm_source=rss&utm_medium=rss
Time Stamp: September 30, 2021 7:00 AM - Modified On: September 30, 2021 - Published By:
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Payments giant Visa has taken a step toward achieving its vision for central bank digital currencies (CBDCs). It has developed a concept that shows how various CBDCs can be interoperable with each other to make payments.The concept, called "Universal Payments Channel" (UPC), outlines how various blockchain networks can be interconnected to allow the transfer of CBDCs. It shows how Visa can help exchange various CBDCs built on different blockchains in the future. "This is a much longer-term future thinking concept around a way that Visa could potentially help become a

This crypto ad exec tells us how the industry will evolve and why transparency is so important

Source Node: https://cryptoslate.com/this-crypto-ad-exec-tells-us-how-the-industry-will-evolve-and-why-transparency-is-so-important/
Time Stamp: September 28, 2021 6:00 AM - Modified On: September 28, 2021 - Published By:
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CryptoSlate recently had the opportunity to chat with Milo McCloud, the co-founder of Paradox Group, a well-known crypto advertising firm that works with some of the biggest names in blockchain.What is the professional background of the Paradox founders and what is their previous experience in crypto?I am a blockchain, fintech, and cryptocurrency specialist focusing on growth opportunities for companies in these sectors.Prior to co-founding Paradox Group, I worked in investment sales and marketing, as well as having represented Great Britain in Alpine Skiing as an international athlete.My co-founder, Paul Burnham,

Key Takeaways: House Bill 7425 on Taxing Digital Services in the Philippines

Source Node: https://bitpinas.com/regulation/key-takeaways-house-bill-7425-on-taxing-digital-services-in-the-philippines/
Time Stamp: September 24, 2021 12:14 AM - Modified On: September 24, 2021 - Published By:
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Share some Bitpinas love:By Shiela BertilloThe House of Representatives on Tuesday evening approved a bill that would impose a 12% value-added tax (VAT) on digital service providers in the country.House Bill No. 7425 was approved with a voting of 167-6 with one abstention on the third and final reading; the bill is meant to amend sections of the National Internal Revenue Code of 1997 and parallel the level between traditional and digital businesses.The proposed VAT shall also cover electronic or digital sale of services such as online advertisements and provision

What are the chances of these entities attacking the Bitcoin network

Source Node: https://ambcrypto.com/what-are-the-chances-of-these-entities-attacking-the-bitcoin-network/
Time Stamp: September 15, 2021 8:30 PM - Modified On: September 15, 2021 - Published By:
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A question that lingers in the minds of most traders is, what would happen if Bitcoin were hacked? During an episode of the Unchained podcast, host Laura Shin brought together Ethereum Foundation researcher Justin Drake and author Vijay Boyapati to debate whether a 51% attack on Bitcoin would be possible – and who could do it. A 51% attack. . .in dollars Boyapati began by proposing the idea that security was a spectrum and not a binary. For example, users and even networks might require a different number of transaction