projectcoinx - Tumblr blog

[projectcoinx]

Binance Announces Support for Cardano’s Alonzo Hard Fork

Binance Announces Support for Cardano’s Alonzo Hard Fork

Alex Dovbnya Binance will temporarily halt deposits and withdrawals for Cardano holders Binance, the largest digital asset exchange by trading volumes, has announced that it will support Cardano’s upcoming Alonzo upgrade. The holders of ADA will temporarily not be able to deposit or withdraw the cryptocurrency. However, trading will not be impacted by the hard fork.      As reported by U.Today,…

[projectcoinx]

ICYMI: Brian Goes to DC…

ICYMI: Brian Goes to DC…

ICYMI is an ongoing series of blog posts memorializing important Twitter threads from thought leaders at Coinbase and beyond. In this thread Brian talks about his trip to Washington DC. One of my biggest takeaways is that the U.S. could really use a safe harbor/sandbox for crypto startups to get off the ground, before having to grapple with these issues. This would go a long way, and give the…

[projectcoinx]

Bitcoin Must Hold Above Crucial Support to Stay Bullish

Bitcoin Must Hold Above Crucial Support to Stay Bullish

Key Takeaways Bitcoin appears to have entered a highly volatile period. As long as the $51,000-$50,500 support level holds, the market outlook for the cryptocurrency remains bullish. Further buying pressure could push BTC to $57,200. Share this article Bitcoin has breached a critical resistance barrier that could see its price rise by nearly 13% despite recent price fluctuations. Bitcoin…

[projectcoinx]

Crypto exchange FTX now supports NFT mining

Crypto exchange FTX now supports NFT mining

With the growing demand for NFTs reaching new heights, the latest crypto firm to dive into the space is FTX, a leading crypto exchange. According to an announcement made by the firm’s CEO earlier today, users of the exchange can now create their desired artworks and mint them into NFTs. FTX to support NFT minting Per FTX CEO Sam Bankman-Fried, its latest move is geared towards the evolution of…

[projectcoinx]

Types of Exploits in DeFi You Need to Watch Out For

Types of Exploits in DeFi You Need to Watch Out For

Even as advanced as blockchain technology and smart contracts have become, there still exist loopholes and errors vulnerable to exploits, which usually leads to the loss of users’ assets. This is one of the biggest risks you have to consider when becoming an investor in the DeFi space, especially if you’re a crypto beginner. This article will explain the main types of exploits so you can…

[projectcoinx]

Altcoin Evolution - Part V: The Closing Recap

Altcoin Evolution – Part V: The Closing Recap

Throughout the “Altcoin Evolution” series, we have taken a closer look at the potential gains and pitfalls that will define the path forward for cryptocurrencies not named Bitcoin (BTC) or Ethereum (ETH).    The behemoths of the crypto market have clearly set themselves apart from the rest of the pack, and while they may be subject to these potential outcomes, it’s fair to say – at least today –…

[projectcoinx]

Cardano to Focus on These Things Ahead of Alonzo After Launching Smart Contracts Testnet

Cardano to Focus on These Things Ahead of Alonzo After Launching Smart Contracts Testnet

Yuri Molchan Cardano plans to conduct some more testing and preparatory work before the Alonzo upgrade is rolled out in ten days’ time Contents Final testing and signing up more exchanges for Alonzo ADA hits $3 ATH on smart contracts release In its recent tweet, Input Output HK named the next goal of the dev teams prior to the rollout of the Alonzo hard fork. Final testing and signing up more…

[projectcoinx]

Coinbase's Bitcoin reserves drop to the lowest level since December 2017

Coinbase's Bitcoin reserves drop to the lowest level since December 2017

Bitcoin (BTC) revisited weekly lows on Sep. 1 as the new month got underway with a fizzle rather than a bang. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lingers in “price stability” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $46,530 on Bitstamp overnight, its lowest since Aug. 27. With $50,000 out of reach, price action continued to…

[projectcoinx]

DerivaDAO (DDX), DFI.money (YFII) and Radicle (RAD) are launching on Coinbase Pro

DerivaDAO (DDX), DFI.money (YFII) and Radicle (RAD) are launching on Coinbase Pro

Starting Today, Tuesday August 31, transfer DDX, YFII and RAD into your Coinbase Pro account ahead of trading. Support for DDX, YFII and RAD will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT) Wednesday September 1, if liquidity conditions are met. One of the most…

[projectcoinx]

How Another NFT Trend, .eth Names, Has Attracted the Likes of Budweiser

How Another NFT Trend, .eth Names, Has Attracted the Likes of Budweiser

August 27, 2021by Laura Shin Nick Johnson, lead developer at the Ethereum Name Service (ENS), talks about making Ethereum human-readable, why Budweiser purchased an NFT, how purchasing an ENS works, and more. Show highlights: what ENS does and why it is important why Budweiser bought “beer.eth” how ENS names can be used to make Ethereum easier to use what business use cases ENS names make…

[projectcoinx]

Moonriver receives over 200,000 KSM ahead of Kusama launch

Moonriver receives over 200,000 KSM ahead of Kusama launch

Demonstrating the strength of a community-led approach, the Moonriver Smart Contract Platform has successfully secured a Kusama parachain slot auction. Crowdloan via Kusama The Moonbeam team proudly shared an official announcement via Twitter, stating that they are building the multi-chain future together. 1/ TODAY IS THE DAY! 🎉 Moonriver is now LIVE on the @KusamaNetwork! ​🚀 Balance transfers &…

[projectcoinx]

Will Bisq Be Part Of Jack Dorsey’s Bitcoin DEX Project? Here’s The 411

Will Bisq Be Part Of Jack Dorsey’s Bitcoin DEX Project? Here’s The 411

As NewsBTC informed, Square will develop a Bitcoin-only Decentralized Exchange. However, will they work in conjunction with Bisq, the “peer-to-peer trading network”? Jack Dorsey seemed to confirm that both organizations are going to start talking at the very least. Why does this matter? What makes Bisq special? Keep reading to find out. Related Reading | Why Square Will Create New Bitcoin-Focused…

[projectcoinx]

What’s Behind the LIVETRADE PROJECT and the Idea to Democratize Investment?

What’s Behind the LIVETRADE PROJECT and the Idea to Democratize Investment?

The project introduces new concepts that quickly capture the attention of the community and get praised by a famous U.S. Shark Tank investor, marking several notable milestones and pushing the token’s value to 40 times higher after two months. LEWES, Del., Aug. 26, 2021 (GLOBE NEWSWIRE) — LiveTrade Token (LTD) is minted and utilized on Binance Smart Chain (BEP20 standard) and KardiaChain (KRC20…

[projectcoinx]

Alibaba Invests in Company That Allows Mining By Driving Your Car

Alibaba Invests in Company That Allows Mining By Driving Your Car

Arman Shirinyan You can now receive digital currency for driving your car around Alibaba-endorsed company Immotors has announced the launch of the IM Zhiji app that allows users receive digital currency, called “rocks,” for providing driving data that is being received by their electric cars. The company aims at a sales start in 2022 with the first cars delivered. Stone digital currency will be…

[projectcoinx]

ENTER Art Fair 2021 and SpaceSeven Unveil The Nordic’s First NFT Marketplace Powered by Concordium

ENTER Art Fair 2021 and SpaceSeven Unveil The Nordic’s First NFT Marketplace Powered by Concordium

Share this article ENTER Art Fair is launching an NFT marketplace. NFTs Head to Scandinavia ENTER Art Fair 2021 is Scandinavia’s most important international art event. As global attention has recently shifted to digital art, or NFTs, the organizers want to incorporate that technology into this year’s event. With the help of IT technology company Texans and the first Nordic marketplace for NFT…

[projectcoinx]

Ethereum, Binance Smart Chain, Polygon are leading 'yield farming' resurgence

Ethereum, Binance Smart Chain, Polygon are leading ‘yield farming’ resurgence

A new DeFi report by crypto services platform Crypto.com dove into yield farming opportunities and DeFi adoption across newer blockchains such as Binance Smart Chain, Polygon, and others. The report, written by Crypto.com research manager Kevin Wang, concluded that the reasons for yield framing regaining popularity are the launch of new blockchains, layer 2 solutions on Ethereum, the evolution of…

[projectcoinx]

Kraken Daily Market Report for August 22 2021

Kraken Daily Market Report for August 22 2021

Overview Total spot trading volume at $887.6 million, the 30-day average rose to $1.18 billion. Total futures notional at $266.3 million. The top five traded coins were, respectively, Bitcoin (+0.9%), Tether (0%), Ethereum (+0.4%), Cardano (+11%), and Ripple (0.9%). Strong returns from Orchid (+21%) and Nano (+17%). August 22,…