Costs

Binance integrates Ethereum Layer 2 scaling solution, Arbitrum One

Source Node: https://ambcrypto.com/binance-integrates-ethereum-layer-2-scaling-solution-arbitrum-one/
Time Stamp: November 19, 2021 11:30 PM - Modified On: November 19, 2021 - Published By:
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Arbitrum One core network has now been fully integrated by Binance, the cryptocurrency firm announced earlier today. This has paved the way for Ether withdrawals on Arbitrum One Layer 2, which is a scaling solution for the Ethereum network. Arbitrum One is the beta mainnet of a layer-2 optimistic rollup protocol that enables off-chain Ethereum transactions that are faster and cheaper as compared to the Ethereum mainnet. Binance users can now deposit all ERC-20 tokens from the Ethereum network, with the Arbitrum side chain at lower costs, and all users

GoldPesa launches a gold-backed token with Upside

Source Node: https://ambcrypto.com/goldpesa-launches-a-gold-backed-token-with-upside/
Time Stamp: November 17, 2021 4:30 AM - Modified On: November 17, 2021 - Published By:
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Republished By Plato

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

DAO To Bid On US Constitution’s Rare Copy At Sotheby’s Auction, Here’s Why

Source Node: https://bitcoinist.com/dao-to-bid-on-us-constitutions-rare-copy-at-sothebys-auction-heres-why/?utm_source=rss&utm_medium=rss&utm_campaign=dao-to-bid-on-us-constitutions-rare-copy-at-sothebys-auction-heres-why
Time Stamp: November 15, 2021 2:00 PM - Modified On: November 15, 2021 - Published By:
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A Decentralized Autonomous Organization (DAO) under the name of ConstitutionDAO has raised $3,7 (ETH 820.134) million from a community that intends to buy a rare first printing of the U.S. Constitution during a Sotheby’s high-profile auction meant to happen on November 18th. ConstitutionDAO is currently pooling millions of dollars, aiming to hit $20 million, hoping to “The Constitution in the hands of The People.” The project was announced through Twitter on November 12th and launched the day after. They raised $800k in the span of an hour and then hit

Bitwise withdraws its application for a bitcoin futures ETF.

Source Node: https://chaintimes.com/bitwise-withdraws-its-application-for-a-bitcoin-futures-etf/
Time Stamp: November 12, 2021 6:59 AM - Modified On: November 12, 2021 - Published By:
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Republished By Plato

Cryptocurrency firm Bitwise has withdrawn its bitcoin futures ETF application, according to Bitwise CIO Matt Hougan, who announced on Twitter. However, the spot filing remains in play and competes with several other applications for the United States Securities and Exchange Commission’s (SEC) attention. Hougan explained the withdrawal, which on the whole comes down to spot ETFs being better for long-term investors and the costs associated with futures ETFs.  1/ Today, @BitwiseInvest withdrew its application to list a bitcoin *futures* ETF. (Our spot filing remains.) Thought I’d share our thinking. A

Another Leading DEX Is Choosing the Order Book Mechanism

Source Node: https://beincrypto.com/another-leading-dex-is-choosing-the-order-book-mechanism/
Time Stamp: November 5, 2021 3:57 AM - Modified On: November 5, 2021 - Published By:
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Republished By Plato

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

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

Source Node: https://www.bitcoinnewsminer.com/bitcoin-is-worth-zero-kenyan-communication-strategist-warns-african-investors-to-be-wary/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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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,

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

Source Node: https://news.bitcoin.com/bitcoin-is-worth-zero-kenyan-communication-strategist-warns-african-investors-to-be-wary/
Time Stamp: November 2, 2021 12:30 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

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,

The Squid Game Cryptocurrency Scam – What Happened?

Source Node: https://bitcoinchaser.com/the-squid-game-cryptocurrency-scam/
Time Stamp: November 1, 2021 12:29 PM - Modified On: November 1, 2021 - Published By:
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Republished By Plato

You may have heard of a new Netflix series making headlines, Squid Game took the world by storm and was quickly recognized as the most-watched show after hitting 111 million views in a month. The show is based within Korean culture and features a covert game show run for and by the elite. People who are deeply in debt are sourced and offered an opportunity to make billions, but when they arrive not all is as it seemed. The game features 6 rounds, each round is based on kids’ Korean

What is Dragonbite? (BITE)

Source Node: https://www.asiacryptotoday.com/dragonbite/
Time Stamp: October 20, 2021 9:17 AM - Modified On: October 20, 2021 - Published By:
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DragonBite is an open decentralized asset management platform for customers to store and swap all digital assets in one app. Retail customers have always been big fans of loyalty programs, not only to express their approval of a product or a service but also because of the exciting perks that come with them. The problem is, the rules of these programs are often restrictive, and their rewards are too limited resulting in slim benefits for consumers, which they cannot enjoy. Fortunately, blockchain can change all of this.  Table of Contents Background 

El Salvador Powers Crypto Mining with Volcano Power

Source Node: https://beincrypto.com/el-salvador-powers-crypto-mining-with-volcano-power/
Time Stamp: September 30, 2021 12:28 AM - Modified On: September 30, 2021 - Published By:
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The President of El Salvador, Nayib Bukele, posted a video of the groundbreaking of a crypto mining project via power from a local volcano.Sponsored Sponsored According to a Tweet from President Bukele, the nation started an ambitious project which utilizes renewable energy to power massive Bitcoin mines. The post reads “First steps…” and shows an aerial view of a massive power plant at the foot of a volcano. Moreover, the video reveals shipping containers which house massive crypto mining rigs. An operator begins to plug in the machines as the

APENFT Partners Up With Tron-Based Cool Cats

Source Node: https://bitcoinist.com/apenft-partners-up-with-tron-based-cool-cats/?utm_source=rss&utm_medium=rss&utm_campaign=apenft-partners-up-with-tron-based-cool-cats
Time Stamp: September 27, 2021 7:30 AM - Modified On: September 27, 2021 - Published By:
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APENFT Foundation steps up its efforts to support promising and emerging non-fungible token projects on the Tron network. The company announced a new strategic collaboration with Tron Cool Cats — a spin-off of the Ethereum-based collection. This new partnership will focus on providing ongoing marketing and product development support to Tron Cool Cats. Following the recent creation of a $100 million fund dedicated to investing in high-quality NFT projects, APENFT has been ramping up its efforts to spot such art collections in the rapidly evolving Tron NFT landscape ecosystem. Excited