Bitcoin Or Ethereum – The Pro Coin

Did Vitalik Buterin Sign Up For This Subsocial Web3 Feature?

April 21, 2022 coinmaker

Vitalik Buterin, the inventor of Ethereum, was one of the first users to sign up for the Subsocial’s Dotsama Domains. At least, someone registered the domain vitalik.web3 on the platform. Via their official Twitter handle, Subsocial welcomed Buterin as they celebrated a new milestone for the platform. Related Reading | Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter Welcome to Subsocial @VitalikButerin pic.twitter.com/7orYlmbmRT — Subsocial (@SubsocialChain) April 19, 2022 Supported by Polkadot, Subsocial is a suite of substrate pallets with a web user interface, per their official website. The platform enables…

Solana Crypto Wallet ‘Phantom’ Launches on Android

April 21, 2022 sysadmin

Solana crypto wallet Phantom has officially gone live on Android. Through this addition, users of the world’s most popular operating system will now be able to use the self-dubbed ‘friendliest crypto wallet’ to make low-fee crypto and NFT transactions through the touch of a few buttons. The launch features all of the newly released Phantom features, including its shiny push notification and ‘Recent Activity’ functions which allow transactions to take place with instant status confirmations. Phantom on Android will also include the platform’s specialized wallet functionality which allows sending, receiving,…

GBTC premium nears 2022 high as SEC faces call to approve Bitcoin ETF ‘people really want’

April 21, 2022 sysadmin

Things are looking up for the United States’ largest institutional Bitcoin (BTC) product by asset holdings as pressure mounts on regulators. Data from on-chain monitoring resource Coinglass confirms that as of April 21, the Grayscale Bitcoin Trust (GBTC) is rebounding toward 2022 highs. Grayscale CEO: “‘If’ not ‘when’” for U.S. Bitcoin spot ETF After a problematic year so far, GBTC has benefitted from steadying Bitcoin price action. Bitcoin’s descent from November’s all-time highs added to an already negative “premium” on GBTC, meaning that its share price in fact traded at…

Co-Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’

April 21, 2022 sysadmin

Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory Uncertainty and Ignorance There may be several different reasons why this is the case, but as many in the crypto space have acknowledged, regulatory uncertainty and ignorance are often the key factors that dissuade prospective users from adopting this fintech. Therefore, in…

Moonbirds NFT Owl Collection Goes Supersonic

April 20, 2022 sysadmin

Every so often a new project will arrive that shakes the Web3 sphere to its very core. This time around, it’s the turn of Moonbirds, 10,000 utility laden owls of the non-fungible variety. Moonbirds fluttered onto the scene at precisely 12pm ET on April 16, at a brain melting 2.5 ETH a pop. A price that in hindsight represented an absolute bargain. As a result, the collection sold out almost immediately and the floor went stratospheric. When the dust had settled just 48 hours later, trading volume was pushing the…

Binance.US awarded money transmitter license in Puerto Rico

April 20, 2022 sysadmin

Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US include Wyoming, Connecticut and West Virginia. Binance.US was launched as a second attempt by Binance CEO Changpeng Zhao to cater to investors in the United States as the nation banned Binance’s primary operations, citing regulatory concerns. The new license from Puorto Rico further strengthens CZ’s vision “to be licensed everywhere.” According to the announcement, the money transmitter license…

Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players

April 20, 2022 sysadmin

Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based regulation of the crypto industry, financial institutions should not use a Nigerian central bank directive as basis for denying service to industry players. Risk-Based Regulation of Crypto Activities A blockchain and crypto industry association has told Nigerian public and law enforcement agencies to stop demonizing and discriminating against blockchain and crypto entities. In its latest press release, the Stakeholders in Blockchain Technology…

Crypto exchange CoinDCX raises $135M funding to support Indian Web3

April 19, 2022 sysadmin

Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country. The latest funding round resulted in CoinDCX doubling its valuation to $2.15 billion, which was led by Pantera and Steadview and saw participation from prominent investors including Kingsway, DraperDragon and Republic. Existing investors such as B Capital Group — a VC firm from Facebook co-founder Eduardo Saverin — Coinbase, Polychain and Cadenza also joined in on the oversubscribed funding round to…

Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

April 19, 2022 sysadmin

The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being ready to participate yet. Bank of Russia to Experiment With Digital Ruble Payments This Year The digital ruble is “very much needed,” First Deputy Chairman of Bank of Russia Olga Skorobogatova has recently remarked in a statement quoted by business news portal RBC’s crypto page. The regulator will…

LUNA Moves On Its Own Beat, Bulls Aim For New ATH

April 19, 2022 coinmaker

LUNA continues to display strength as the crypto market trends to the downside. Despite the current short-term increase in selling pressure, this cryptocurrency managed to enter uncharted territory, and its price action hints at more upside. Related Reading | Inside Terra’s $2.38 Billion Reserves, What Made The Lineup? As seen in the chart below, LUNA has been on its uptrend since August 2021. It briefly dropped towards the $40 area and resumed its momentum to $120. At the time of writing, LUNA trades at $87 with a 4% profit in the…