September 13, 2021

MoneyLion to Offer Cryptocurrency Services to Its Clients Starting With Bitcoin and Ethereum

The American fintech company – MoneyLion – announced it would enable users to trade digital assets via its all-in-one financial services application. While initially clients would be able to operate only with Bitcoin and Ethereum, the firm intends to add more cryptocurrencies to the offering in the future. MoneyLion Joins The Crypto Trend According to...
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Platforms Gear-Up To Elevate Crypto Space To The Next Level

Crypto platforms are racing ahead of one another and ensuring there are no loopholes in the system’s efficiency. Platforms are working hard with targets, which when met could give a notable boost to the native tokens as well.   Terra (LUNA) The Terraform technologies are promising enough that have resulted in influencing the investors. Not only...
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Elon Musk Bought a Shiba Inu Dog: New Dogecoin Copycats Skyrocketed as a Result

Tesla’s CEO – Elon Musk – bought a new dog and gave him a name (Floki) – so far, nothing out of the extraordinary. But the puppy’s name has caused fluctuations in the cryptocurrency space, with recently emerging coins called Floki skyrocketing in value. The Hype Around Meme Coins and Musk’s Role It’s safe to...
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Redline DAO Blockchain Investment Institution Announced Rebrand Initiative

[PRESS RELEASE – Please Read Disclaimer] Seychelles, September 10, 2021 – Redline Capital, a leading investment institution focusing on investing in the field of blockchain technology, today has officially announced that Redline Capital was renamed as Redline DAO. This initiative is a vital part of the Redline DAO’s strategy as it seeks to deepen the...
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Scaramucci’s SkyBridge, Algorand, and NAX Will Launch a $250M Fund to Enhance Blockchain Adoption

The New York City-based global investment firm intends to double down on its cryptocurrency endeavors by partnering with a trading platform called NAX and Algorand to raise a quarter of a billion dollars to spread blockchain usability among institutions. CNBC report outlined SkyBridge Capital’s latest endeavor in relation to the digital asset industry. The institution...
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ADAlend Seed Round Sells in Less than One Hour

[PRESS RELEASE – Please Read Disclaimer] ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. As a reflection of the...
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Bitcoin is in a Congestion Zone! Will BTC Price Breach $46k or Plunge Below $40k?

Bitcoin has been falling for the second day in a row, dipping below the $46,000 mark. After falling to $44,000, Bitcoin has made a solid comeback above the $44,000 support, according to the Bitcoin price analysis. Since then, the price has maintained above the threshold but has not surpassed $46,000.  At the time of writing,...
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Ethereum’s Proof of Stake System – Calculating Penalties & Rewards

Abstract After launching our Ethereum Proof of Stake (PoS) validator node a few weeks ago, in our first detailed look at the PoS system, we catalog and examine each type of reward and penalty that validators can obtain. We provide examples for many of the scenarios based on the live system and comment on the...
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Coinbase to Raise $1.5 Billion for Product Development Through a Senior Note Offering

Coinbase announced today its intentions to hold a private offering of $1.5 billion of senior notes. The company plans to allocate the funds to product development, acquisitions, and new personnel. According to a press release dated September 13th, the largest US-based exchange will offer $1.5 billion aggregate principal amount of its senior notes due 2028...
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Buying The Dip: MicroStrategy Purchased $240M Worth of Bitcoin

Business intelligence company MicroStrategy, spearheaded by Michael Saylor, has purchased over 5,000 bitcoin worth $242.9 million. Thus, the firm’s total BTC holdings have increased to over 114,042. MicroStrategy founder and CEO Michael Saylor announced the latest bitcoin purchase via Twitter on Monday, September 13th. According to the executive, the business intelligence firm purchased 5,050 BTC, at...
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Are YGMI? Flex with BitMEX’s First Ever NFT Drop

We could go on for days about how NFTs are a unique fusion of art, technology, and investment, but let’s face it. When push comes to shove, it’s all about the flex.  So we’ve decided to launch our first-ever NFTs, giving BitMEX traders the chance to take home a piece of virtual swag. Think of...
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KingDeFi: AI-Powered Yield Farming Aggregator on Multiple Blockchains

[Featured Content] It goes without saying that the world of decentralized finance (DeFi) saw exponential growth over the past year and a half, with the total value locked across various protocols skyrocketing. And while some time ago, most of the DeFi developers were predominantly occupying Ethereum’s network, competitive chains such as Binance Smart Chain and...
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India Reportedly Considering Taxing Gains from Cryptocurrency Trading

The Indian government continues with its indecisive approach towards the crypto industry. A recent report claimed that the authorities plan to implement new taxation on gains from digital asset operations instead of the recently-discussed ban. Citing sources familiar with the matter, the Economic Times reported that India is contemplating taking a different approach to the...
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Tether Co-Founder Says There’s Money in NFTs for Metaverse

William Quigley, who co-founded stablecoin Tether (USDT), thinks non-fungible tokens (NFTs) accessible in metaverses will hit annual sales above $10 trillion. He shared his thoughts about NFTs and metaverse with Bloomberg in an interview over the week. When asked about the lush, blossoming NFT fields of 2021, Quigley said his sights are set on the...
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Cardano Smart Contracts is Now Live! What Next?

After years of study and the creation of a profusion of peer-reviewed articles on the network’s architecture, prospects, concepts, objectives, and other topics, Cardano finally launches smart contracts features to further improve its network. Cardano has undergone a huge hard fork today, and Alonzo is now live on the mainnet. This means that the network...
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Cardano Now Has Smart Contracts Capabilities: Alonzo Mainnet Upgrade Went Live

The wait is finally over. After years of researching and producing a multitude of peer-reviewed papers on the network’s structure, potential, ideas, goals, and whatnot, Cardano now has smart contracts capabilities to further bolster its ecosystem. Alonzo Mainnet Now Live As of now, Cardano saw an important hard fork go through, and Alonzo is now...
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