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Reddit user discovers 61.3 million LRC moved to Loopring Exchange

Investors and market observers are speculating that a recent Loopring transaction is linked to a GameStop (GME) float.  On Tuesday, a deposit of 61.3 million LRC ($164.8 million) was made on the Loopring Exchange. In addition, the assets were transferred from layer 1 to layer 2. This transaction was discovered by a Reddit user u/Prof Dankmemes, who claimed that the address that initiated the transfer had “connections.”  The connection in question is said to have previously been linked to Loopring’s Chief Executive Officer and founder, Daniel Wang. This might be

Is Litecoin becoming the hub of FOMO among the older cryptos

When AMCTheatres enabled the option to pay in cryptos, Litecoin registered a decent hike. The reasoning seemed genuine and even additional metrics pointed out that it was probably an organic rise in the short term. However, on further research, it appeared that Litecoin has begun following a pattern. One where it goes up by a significant margin, sits there for a while, and then drops back down, canceling all or most of the growth. An example of the same can be found on the chart itself. For better reference, occurrences

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

GoldPesa launches a gold-backed token with Upside

GoldPesa transforms gold into an income-generating asset class that trades at a premium. GoldPesa is launching a gold-backed token that trades at a premium and safely generates wealth for token holders. Each GoldPesa token (“GPX”) is backed by 1 gram of gold stored in a secure vault while not being a stable coin. Over the years, gold has earned a reputation as a good inflation hedge. Nevertheless, owning gold as an asset class doesn’t generate any yield. In fact, storing gold securely actually costs money. GoldPesa is solving this problem

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s

What Is Solv Protocol?

Solv Protocol is a decentralized platform created specifically for creating, managing, and trading financial NFTs. Blockchain has brought a lot of innovations to the world in such a short amount of time, but the mainstream adoption rate is just starting to take off. In other words, it would soon evolve into new forms and services that would further redefine how people interact with their assets and how they grow their wealth.  Table of Contents Background  Non-fungible tokens (NFTs) are one of the most popular blockchain-based products. And while they are usually

Best Crypto Staking Yields: Which Coins Earn the Most in 2021?

With Ethereum switching over to a Proof of Stake (PoS) protocol, crypto staking is exploding in popularity. Once the switch is complete, ETH will join the growing list of PoS cryptocurrencies attracting the attention of investors looking to earn income on their coin holdings. Plenty of crypto exchanges and platforms already offer users the ability to dip their toes into crypto staking at minimum cost. But the million-dollar question is – which crypto is the best for staking? The following table and individual crypto reviews may help you in finding

Cryptoday 058 – Paano Kumita Gamit ang Katana Dex ng Axie Infinity (Part 2)

Share some Bitpinas love:Isang linggo na ang nakakaraan simula ng lumabas ang Katana, ang decentralized exchange ng Sky Mavis. Ngayon ay mayroon na akong sapat na impormasyon upang makapagbigay ng mga praktikal na payo. Narito ang TLDR; Hindi natin maaaring husgahan ang maaaring kitain sa Katana base lamang sa trading fees. Kapag ginawa natin ito, mag-mimistulang mas mababa ang kita dito kumpara sa AXS staking. Ang tanging paraan upang masuri ito ay ang pag estima ng halaga sa hinaharap ng $RON rewards. At lubos na magiging teknikal ang usaping ito!This

9 Random Questions About Shiba Inu Answered

As the meme coin hype continues, more and more people are finding out about Shiba Inu and crypto in general. As a result, there are many random questions surrounding Shiba Inu that many newcomers to crypto might not know the answers to. Let’s go over some of the most popular questions on Google that people have about Shiba Inu.Is Shiba Inu coin real? One of the most popular questions is whether or not $SHIB is real. Shiba Inu is real in the sense that it’s a ERC20 token that can

9 Random Questions About Shiba Inu Answered

As the meme coin hype continues, more and more people are finding out about Shiba Inu and crypto in general. As a result, there are many random questions surrounding Shiba Inu that many newcomers to crypto might not know the answers to. Let’s go over some of the most popular questions on Google that people have about Shiba Inu. Is Shiba Inu coin real? One of the most popular questions is whether or not $SHIB is real. Shiba Inu is real in the sense that it’s a ERC20 token that