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Although the NFT hype has dialed down, innovation and development in this space have not slowed down. In a recent blog post, Uniswap announced that it was diving into the NFT space by purchasing Genie, an NFT market aggregator.
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Although the NFT hype has dialed down, innovation and development in this space have not slowed down. In a recent blog post, Uniswap announced that it was diving into the NFT space by purchasing Genie, an NFT market aggregator.
excerpt
short_link
Is there a silver lining to the Tesla BTC sale worth an estimated $936 million? - What does this mean for BTC?
The Tesla BTC sale for $936 million sent shockwaves across the crypto space late Wednesday, July 20, 2022, after the company revealed that it had reduced its BTC position by 75% in Q2.
"As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency. The conversions in Q2 added $936M of cash to our balance sheet," Tesla explained in its quarterly report.
https://decentradecoded.com/tesla-btc-sale/?feed_id=71&_unique_id=62d9cee33b961
The Tesla BTC sale for $936 million sent shockwaves across the crypto space late Wednesday, July 20, 2022, after the company revealed that it had reduced its BTC position by 75% in Q2.
"As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency. The conversions in Q2 added $936M of cash to our balance sheet," Tesla explained in its quarterly report.
https://decentradecoded.com/tesla-btc-sale/?feed_id=71&_unique_id=62d9cee33b961
Is there a silver lining to the Tesla BTC sale worth an estimated $936 million? - What does this mean for BTC?
https://decentradecoded.com/tesla-btc-sale/?feed_id=76&_unique_id=62e28bc205af2
https://decentradecoded.com/tesla-btc-sale/?feed_id=76&_unique_id=62e28bc205af2
Is there a silver lining to the Tesla BTC sale worth an estimated $936 million? - What does this mean for BTC?
https://decentradecoded.com/tesla-btc-sale/?feed_id=78&_unique_id=62e2b2f65778f
https://decentradecoded.com/tesla-btc-sale/?feed_id=78&_unique_id=62e2b2f65778f
Harmony ONE Reimbursement: Harmony proposes to solve recent exploit by minting Fresh ONE tokens
Harmony ONE Reimbursement to holders is on the horizon.
The company announced on Twitter the finalization of its reimbursement proposal amidst the recent $100-million worth of exploits that devastated the crypto startup.
The genius solution? Mint ONE tokens to attempt to pay back hack victims.
#cryptonews #ONE
https://decentradecoded.com/harmony-one-reimbursement/?feed_id=90&_unique_id=62e3f12ceaeed
Harmony ONE Reimbursement to holders is on the horizon.
The company announced on Twitter the finalization of its reimbursement proposal amidst the recent $100-million worth of exploits that devastated the crypto startup.
The genius solution? Mint ONE tokens to attempt to pay back hack victims.
#cryptonews #ONE
https://decentradecoded.com/harmony-one-reimbursement/?feed_id=90&_unique_id=62e3f12ceaeed
Crypto bear VS Crypto bull markets — what's the difference, and how to manoeuvre them?
The crypto space has many similarities with traditional financial markets like the stock and the forex market. There are similar rules, principles, terms and ways of behaviour among investors. Two of the essential terms in both markets are bull and bear markets, which play a crucial role when buying or selling an asset. This article will explore these two terms and how they affect your buy or sell orders.
https://decentradecoded.com/crypto-bear-vs-crypto-bull-markets/?feed_id=119&_unique_id=62ed0710945b5
The crypto space has many similarities with traditional financial markets like the stock and the forex market. There are similar rules, principles, terms and ways of behaviour among investors. Two of the essential terms in both markets are bull and bear markets, which play a crucial role when buying or selling an asset. This article will explore these two terms and how they affect your buy or sell orders.
https://decentradecoded.com/crypto-bear-vs-crypto-bull-markets/?feed_id=119&_unique_id=62ed0710945b5
Bitcoin price battles the $23,000 mark, as the United States enters a "Technical Recession"
As Bitcoin price battles $23,000, Bitcoin saw another green candle two days in a row on July 28'th 2022 as Wall street opened amid confusion over whether the U.S.A. had entered a new recession.
https://decentradecoded.com/bitcoin-price-battles/?feed_id=183&_unique_id=6300df6456220
As Bitcoin price battles $23,000, Bitcoin saw another green candle two days in a row on July 28'th 2022 as Wall street opened amid confusion over whether the U.S.A. had entered a new recession.
https://decentradecoded.com/bitcoin-price-battles/?feed_id=183&_unique_id=6300df6456220
Aave GHO Collateral Backed Stablecoin approved by 99.99% of Aave DAO Voters
On Sunday, 31 July 2022, the non-custodial market protocol, Aave, announced that the Aave DAO approved a new stablecoin for its ecosystem called the GHO Collateral backed Stablecoin.
The organization behind Aave, Aave Companies, had recently proposed the stablecoin during the first week of July.
The snapshot for the proposal's voting began on 28 July 2022 and ended on 31 July 2022. Out of the 1,793 total votes, the proposal was passed.
Over 99.99% of the voters voted in favor of the proposal, and over 501K, Aave was spent.
https://decentradecoded.com/gho-collateral-backed-stablecoin/?feed_id=186&_unique_id=6301254b900fc
On Sunday, 31 July 2022, the non-custodial market protocol, Aave, announced that the Aave DAO approved a new stablecoin for its ecosystem called the GHO Collateral backed Stablecoin.
The organization behind Aave, Aave Companies, had recently proposed the stablecoin during the first week of July.
The snapshot for the proposal's voting began on 28 July 2022 and ended on 31 July 2022. Out of the 1,793 total votes, the proposal was passed.
Over 99.99% of the voters voted in favor of the proposal, and over 501K, Aave was spent.
https://decentradecoded.com/gho-collateral-backed-stablecoin/?feed_id=186&_unique_id=6301254b900fc
Solano blockchain exploit ongoing, more than $5+ million lost so far
Solana suffered a critical exploit that has punched holes in private wallets all across the network.
The identified drainer’s wallets, seemingly a total of four, were reported to have stolen millions of dollars worth of SOL cryptocurrency from individual (hot) accounts.
https://decentradecoded.com/solano-blockchain-exploit/?feed_id=189&_unique_id=63023dbe18d0e
Solana suffered a critical exploit that has punched holes in private wallets all across the network.
The identified drainer’s wallets, seemingly a total of four, were reported to have stolen millions of dollars worth of SOL cryptocurrency from individual (hot) accounts.
https://decentradecoded.com/solano-blockchain-exploit/?feed_id=189&_unique_id=63023dbe18d0e
Cardano Bank Grade Staking Services: Licensed Swiss-based digital asset bank now provides Secure Cardano staking
Swiss-based Sygnum Bank just announced that it will be including the Cardano blockchain and its ADA cryptocurrency for its bank grade staking services.
This now allows clients to stake ADA and generate rewards within its well-integrated, institutional-grade banking platform.
Staking is basically the process of offering part of your assets to validate transactions within a proof-of-stake (PoS) blockchain in exchange for rewards.
https://decentradecoded.com/bank-grade-staking-services/?feed_id=192&_unique_id=6302783818d30
Swiss-based Sygnum Bank just announced that it will be including the Cardano blockchain and its ADA cryptocurrency for its bank grade staking services.
This now allows clients to stake ADA and generate rewards within its well-integrated, institutional-grade banking platform.
Staking is basically the process of offering part of your assets to validate transactions within a proof-of-stake (PoS) blockchain in exchange for rewards.
https://decentradecoded.com/bank-grade-staking-services/?feed_id=192&_unique_id=6302783818d30
Yet Another Crypto Hack: Solana Wallets Faces On-Going Attack as Millions worth of SOL and USDC is Drained from User Wallets
2022 has certainly not been a favourable year for the Solana ecosystem. While the crypto space is facing a bear market the last thing the space needs is another crypto hack.
The Solana ecosystem has been the target of various attacks leading to the loss of over a billion dollars.
At the time of writing, Solana was trending on all social media platforms following an ongoing SOL attack.
https://decentradecoded.com/crypto-hack/?feed_id=195&_unique_id=63038487e7b3b
2022 has certainly not been a favourable year for the Solana ecosystem. While the crypto space is facing a bear market the last thing the space needs is another crypto hack.
The Solana ecosystem has been the target of various attacks leading to the loss of over a billion dollars.
At the time of writing, Solana was trending on all social media platforms following an ongoing SOL attack.
https://decentradecoded.com/crypto-hack/?feed_id=195&_unique_id=63038487e7b3b
The Australia crypto adoption strategy makes it possible for gasoline to be paid for in cryptocurrency across 175 locations
On The Run (OTR) service stations across Australia can now accept cryptocurrencies such as Bitcoin (BTC) as payment.
This is confirmed in an official blog post by Crypto.com, which is one of the three major players in this partnership agreement.
https://decentradecoded.com/australia-crypto-adoption/?feed_id=200&_unique_id=6304d02f64e15
On The Run (OTR) service stations across Australia can now accept cryptocurrencies such as Bitcoin (BTC) as payment.
This is confirmed in an official blog post by Crypto.com, which is one of the three major players in this partnership agreement.
https://decentradecoded.com/australia-crypto-adoption/?feed_id=200&_unique_id=6304d02f64e15
Ripple and Travelex Bank launch crypto-enabled enterprise payments in Brazil: Fantastic news for crypto adoption
With the rollout of Ripple’s fast and cheap On-Demand Liquidity (ODL) payment services, enterprises will no longer have to wait for three to five business days to settle costly transactions.
On Thursday, 18th August 2022, digital payment network Ripple announced that its native token XRP will now be used to facilitate fast and cost-effective cross-border transactions in Brazil.
https://decentradecoded.com/ripple-and-travelex-bank/?feed_id=203&_unique_id=63051d0a5e0f1
With the rollout of Ripple’s fast and cheap On-Demand Liquidity (ODL) payment services, enterprises will no longer have to wait for three to five business days to settle costly transactions.
On Thursday, 18th August 2022, digital payment network Ripple announced that its native token XRP will now be used to facilitate fast and cost-effective cross-border transactions in Brazil.
https://decentradecoded.com/ripple-and-travelex-bank/?feed_id=203&_unique_id=63051d0a5e0f1
EOS rebrand in an attempt to separate from Block.one: EOS prices surge 24%, the largest gain in 15 months.
The proof-of-stake blockchain, EOS, revealed its new branding on Wednesday, 17 August 2022, as the project moves to distance itself from the previous developer, Block.one.
According to a Wednesday tweet from the EOS Network Foundation, the long-awaited EOS rebrand was imminent and scheduled for 16:00 UTC Wednesday, 17 August 2022.
https://decentradecoded.com/eos-rebrand/?feed_id=206&_unique_id=6306210c98bb3
The proof-of-stake blockchain, EOS, revealed its new branding on Wednesday, 17 August 2022, as the project moves to distance itself from the previous developer, Block.one.
According to a Wednesday tweet from the EOS Network Foundation, the long-awaited EOS rebrand was imminent and scheduled for 16:00 UTC Wednesday, 17 August 2022.
https://decentradecoded.com/eos-rebrand/?feed_id=206&_unique_id=6306210c98bb3
Madrid and Barcelona Metaverse: Spanish Football Biggest Rivals File a Joint Trademark Application for Crypto and Metaverse
Real Madrid and Barcelona FC Metaverse dreams will soon become reality.
On August 11, 2022, Barcelona FC and Real Madrid football clubs jointly filed a U.S. Patent and Trademark Office application for Web3 and metaverse trademarks.
https://decentradecoded.com/real-madrid-and-barcelona-metaverse/?feed_id=209&_unique_id=63066a3f539eb
Real Madrid and Barcelona FC Metaverse dreams will soon become reality.
On August 11, 2022, Barcelona FC and Real Madrid football clubs jointly filed a U.S. Patent and Trademark Office application for Web3 and metaverse trademarks.
https://decentradecoded.com/real-madrid-and-barcelona-metaverse/?feed_id=209&_unique_id=63066a3f539eb
Crackdown on Crypto Mixer Tornado Cash, and why Kevin O'Leary believes sacrificing it is worthwhile for institutional crypto adoption.
The crypto community has witnessed the downfall of one of the most innovative and successful crypto projects in the space – Tornado Cash.
Tornado Cash was undoubtedly one of the best platforms to perform anonymous transactions.
As such, it became a hotbed for hackers, illegal funds and other money laundering activities, resulting in the U.S. Treasury imposing sanctions on the platform.
https://decentradecoded.com/tornado-cash/?feed_id=212&_unique_id=630772810c357
The crypto community has witnessed the downfall of one of the most innovative and successful crypto projects in the space – Tornado Cash.
Tornado Cash was undoubtedly one of the best platforms to perform anonymous transactions.
As such, it became a hotbed for hackers, illegal funds and other money laundering activities, resulting in the U.S. Treasury imposing sanctions on the platform.
https://decentradecoded.com/tornado-cash/?feed_id=212&_unique_id=630772810c357
The Ethereum Triple Halving Explained: How the Ethereum merge will reduce the Ethereum blockchain's energy consumption by 99 per cent
The Ethereum triple halving date is close. This is after the Ethereum Goerli testnet successfully merged on 10th August 2022 at around 1:45 AM UTC.
That was the last test before The long-awaited merge. ETH was up 13% over 24 hours leading up to the test Merge and was trading at $1,907 at the time.
Ethereum has had to pass three phases of tests and trials in order to be considered ready for a merge to the Ethereum mainnet.
https://decentradecoded.com/ethereum-triple-halving/?feed_id=215&_unique_id=6307b8cba2317
The Ethereum triple halving date is close. This is after the Ethereum Goerli testnet successfully merged on 10th August 2022 at around 1:45 AM UTC.
That was the last test before The long-awaited merge. ETH was up 13% over 24 hours leading up to the test Merge and was trading at $1,907 at the time.
Ethereum has had to pass three phases of tests and trials in order to be considered ready for a merge to the Ethereum mainnet.
https://decentradecoded.com/ethereum-triple-halving/?feed_id=215&_unique_id=6307b8cba2317
BlackRock Private Bitcoin Trust on the Horizon: BTC may be on the verge of a trillion-dollar boost
BlackRock, the world's largest asset manager with over $10 trillion worth of assets under its management, recently joined the digital asset space after launching its first-ever spot private Bitcoin trust.
According to a blog post on the company's website, the trust will only be available to U.S-based institutional investors, and it'll seek to track the performance of Bitcoin, less expenses, and liabilities of the trust.
https://decentradecoded.com/private-bitcoin-trust/?feed_id=218&_unique_id=6308c83f2dce2
BlackRock, the world's largest asset manager with over $10 trillion worth of assets under its management, recently joined the digital asset space after launching its first-ever spot private Bitcoin trust.
According to a blog post on the company's website, the trust will only be available to U.S-based institutional investors, and it'll seek to track the performance of Bitcoin, less expenses, and liabilities of the trust.
https://decentradecoded.com/private-bitcoin-trust/?feed_id=218&_unique_id=6308c83f2dce2
Ethereum Goerli Success: Fantastic News for Ethereum as the ultimate and final proof-of-stake test merge passes on Goerli
The Ethereum Foundation has at long last, completed the third and final test merge on the Goerli test network.
After several years of delay, it seems that the transition is really, truly at hand, the day that Ethereum slips out of proof-of-work (PoW) and into proof-of-stake (PoS).
https://decentradecoded.com/ethereum-goerli-success/?feed_id=219&_unique_id=63090f1652ff1
The Ethereum Foundation has at long last, completed the third and final test merge on the Goerli test network.
After several years of delay, it seems that the transition is really, truly at hand, the day that Ethereum slips out of proof-of-work (PoW) and into proof-of-stake (PoS).
https://decentradecoded.com/ethereum-goerli-success/?feed_id=219&_unique_id=63090f1652ff1
Crypto adoption in Iran: Iran achieves its very first crypto-based import transaction worth millions
Crypto adoption in Iran has achieved yet another milestone. The country has just registered its first-ever transaction of imported goods that is worth $10 million, paid wholly in cryptocurrency.
This vital information was officially disclosed by the local news outlet Tasnim agency.
The brief report points to a personal tweet by Alireza Peyman-Pak, Vice President of Iran’s Ministry of Industry, Mine, and Trade and President of Iran Trade Promotion Organization.
https://decentradecoded.com/crypto-adoption-in-iran/?feed_id=222&_unique_id=630a158039860
Crypto adoption in Iran has achieved yet another milestone. The country has just registered its first-ever transaction of imported goods that is worth $10 million, paid wholly in cryptocurrency.
This vital information was officially disclosed by the local news outlet Tasnim agency.
The brief report points to a personal tweet by Alireza Peyman-Pak, Vice President of Iran’s Ministry of Industry, Mine, and Trade and President of Iran Trade Promotion Organization.
https://decentradecoded.com/crypto-adoption-in-iran/?feed_id=222&_unique_id=630a158039860
Binance and MasterCard launch prepaid crypto-to-fiat cards in Argentina
Binance and MasterCard two of the largest players in the world's financial sectors have partnered to launch a prepaid card in Argentina.
In a Thursday announcement (4 August 2022), Binance mentioned that it would be expanding its Prepaid card to the South American country.
Although the card is still in beta, Binance assured its Argentina users that it'd be accessible soon.
https://decentradecoded.com/binance-and-mastercard/?feed_id=223&_unique_id=630a634d71d81
Binance and MasterCard two of the largest players in the world's financial sectors have partnered to launch a prepaid card in Argentina.
In a Thursday announcement (4 August 2022), Binance mentioned that it would be expanding its Prepaid card to the South American country.
Although the card is still in beta, Binance assured its Argentina users that it'd be accessible soon.
https://decentradecoded.com/binance-and-mastercard/?feed_id=223&_unique_id=630a634d71d81