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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

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,

🔴 A Major Bitcoin Upgrade Activated | This Week in Crypto – Nov 15, 2021

 Apple’s CEO reveals he owns crypto, Twitter establishes a crypto department and bitcoin gets a major upgrade. These stories and more this week in crypto. The value of the total crypto market topped above $3 trillion this week with Bitcoin reaching $69000 and Ethereum going over the $4800 mark. Prices rose after the US Bureau of Labor Statistics released its October inflation figures which reflected the steepest monthly rise in 30 years, and investors are looking to cryptocurrencies as a hedge against inflation. Tim Cook—the CEO of Apple—revealed that

FATF Guidance: NFTs Should Be Regulated Case-by-Case

Share some Bitpinas love:By Hans DoringoIn a recently released updates to the Financial Action Task Force’s (FATF) guidance for virtual assets and virtual asset service providers (VASPs), the body clarified that Non-Fungible Tokens (NFT) does not fit the definition for virtual assets (VA) but would still be covered by FATF standards under certain cases.What is the FATF’s Position on NFTs?Last March 2021, FATF published a draft of the guidance addressing concerns about NFT as its market grows. In the said draft, it was vaguely stated that NFTs can be considered

Lending protocols lead market recovery as Maker paves way for gains

After Bitcoin’s ATH of $69k on 10 November, not just the top coin, but the larger market has been somewhat mellow. However, even with the top two coins consolidating, there seemed to be some altcoins that presented double-digit gains as they rallied. Interestingly, the lending protocol landscape was one that seemed to be making the most headlines, with Maker leading the way with 8% gains.  The DeFi sector seemed to be paving the way for recovery with DeFi’s Total Value Locked increasing by 5.27% from last week, pushing the TVL

Crypto ETP Provider ETC Group Crosses $2 Billion Worth of AUM

ETC Group, a provider of institutional-grade digital asset-back securities, now has more than $2 billion worth of crypto assets under management (AUM). The company achieved the milestone for the first time in its history.ETC Group’s Bitcoin ETP alone accounts for more than $1.6 billion worth of AUM. In the last 10 months, the overall value of ETC Group’s AUM increased sharply due to a surge in the popularity of crypto trading products.As part of its expansion plan, ETC Group recently hired ETF expert Tim Bevan as co-CEO, Julian Kelly as

Litentry Launches Crowdloan Reward Program on Binance With Enticing Reward Pool

Litentry, a decentralized identity aggregation protocol, officially launched its Crowdloan Reward Program on November 4, 2021. Sponsored Sponsored This represents a significant development in Litentry’s quest to win a slot ahead of the upcoming Polkadot parachain auction. Join the crowdloan on Binance now to enjoy 20% LIT (20,000,000 LIT) total supply with an extra $2.5M reward pool, and with approx. 2,760% APY (as of Nov 4). An innovative crowdloan program Crowdloan is a growing trend taken by projects to receive enough funding to participate in Polkadot’s parachain auction. Participants contribute

Eros Now Launches a Bollywood Film Festival on Facebook

Fans can watch 30 movies over 30 days starting from November 3, 2021.Sponsored Sponsored Eros Now, a leading over-the-top (OTT) South Asian entertainment platform owned by Eros STX Global Corporation, a global entertainment company is launching a month-long Bollywood Film Festival on Facebook Watch this Diwali. As part of this collaboration, Eros Now will premiere a movie every day from its massive library of over 12,000 Indian films and stream it on Eros Now’s Facebook page from November 3 to December 2. The movies will be powered by Mzaalo, a

Breaking: BitMex becomes the first carbon neutral crypto exchange

BitMex has come through following its commitment to go carbon neutral, becoming the first crypto exchange to enable carbon-neutral blockchain transactions. The platform has announced that they have spent $100,000 on the purchase of 7,110 tonnes of CO2 credits to cover the environmental footprint of BitMex’s Bitcoin transactions, along with the servers powering the platform for the next year. BitMex has further revealed its plans for the amalgamation of cryptocurrency technologies and environment conservation methods as the exchange understands that merely purchasing CO2 Credits will not be enough in the

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

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

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption rates,