Platform Financial News
06.02 / 12:19
Blockchain
UPS
BLOCK
Platform
If scalability isn’t about a ‘million TPS’ for Cardano, here’s what it is aiming for
Shortly after announcing performance enhancements within its roadmap for 2022, Cardano is currently in the Basho phase. A phase where it refuses to define scalability in terms of ‘a million TPS.’ It stated in a recent blog post,
05.02 / 22:19
UPS
FIVE
Platform
OpenSea shows promising start to February despite UST’s money laundering jitters
NFTs were once the red-headed stepchildren of crypto, facing skepticism and insults all around. However, the narrative has changed dramatically since the NFT Boom of 2021 and the rise of NFT marketplace giants.
05.02 / 14:27
Provident
Lowe's
Platform
With steady gain in the past two weeks, should you invest in Filecoin’s short-term bullishness
Decentralized storage platform Filecoin has not had a brilliant run on the charts in the past few months. Since October, it has shed nearly 72% in value, from $80 to $22.3 at press time. It had hinted at the beginning of a downtrend in late September and has slid steadily lower on the charts since October. At the time of writing, a trendline of some importance appeared to be broken. Short-term bullishness had been brewing in the past week. However, the most pertinent question is- Can Filecoin break the bearish market structure over the next few weeks?
05.02 / 03:09
FIVE
Digital
Platform
Mobile
Understanding China's Digital Yuan
Among the world's biggest economies, China has become the frontrunner in developing a Central Bank Digital Currency (CBDC). The Asian giant completed a trial of the DC/EP, as its digital currency is known, in September and is currently rolling it out on major e-commerce platforms within the country. Here is a brief primer on the digital currency.
05.02 / 03:09
Blockchain
UPS
Digital
Platform
Pornhub Partnership Ups Verge Cryptocurrency Price
The price of the digital coin Verge (XVG) skyrocketed Tuesday following news that adult entertainment giant Mindgeek, the owner of Pornhub and Brazzers, is now accepting payments in the form of the anonymous cryptocurrency.
05.02 / 03:09
Blockchain
Platform
coinbase
Bitcoin
Coinbase to Integrate SegWit: What It Means for You
Coinbase customers may see some changes to their cryptocurrency wallets and transactions in the weeks to come. The largest cryptocurrency brokerage and exchange in the world announced this week that it would officially complete the process of integrating Segregated Witness (SegWit) by the end of February.
05.02 / 03:09
Facebook
Digital
Platform
Facebook (FB) Hopes to Launch Digital Currency in 2021
Facebook, Inc. (FB) is hoping to launch its cryptocurrency next year. David Marcus, head of Facebook Financial, or F2, told audiences at the Singapore FinTech festival that he hoped the company could participate in changing the financial services industry by launching Diem, Facebook's proposed digital currency for use on its social network, and Novi, the accompanying wallet for its Libra blockchain, on its platform.
05.02 / 03:09
Blockchain
Platform
ICO
EOS
6 Unique ICOs to Look at Right Now
ICOs, or initial coin offerings, are now old news. Just months ago, the novelty of crowdfunding via the blockchain and a booming cryptocurrency market was enough to attract new investors, but things have changed. Previously, startups with little to offer the marketplace but a decentralized spin on an old concept could generate millions of dollars in minutes, but investors are now intensifying their scrutiny. Their motivation used to be quick profit, though as markets wise up to new trends, they must invest (and not speculate) based on merit.
05.02 / 03:09
Blockchain
COST
UPS
Platform
How Blockchain is Revolutionizing Content Distribution
The revolutionary technology blockchain began with cryptocurrencies like bitcoin but has since expanded beyond the worlds of finance and banking. With a slew of new businesses and applications built on the technology, these industries now represent a mass decentralization that will soon impact the whole world. Blockchain helps distribute the cost of running a platform to its various participants, but rewards them for it in equal measure.
05.02 / 00:31
UPS
Platform
Cardano wallets see 1348% growth in past year; cross 3 million milestone
After receiving bouts of extensive criticism for a lack of development, the Cardano network has started to dominate headlines once again for more positive news. This is due to an acceleration in the launch of smart contract-based applications on the platform, along with ecosystem-wide changes in the network itself.
04.02 / 21:23
04.02 / 18:20
UPS
Lowe's
Platform
coinbase
Solana was rejected in this area but could it break past on a second try
The prominence of the Solana platform was highlighted once again recently when Coinbase decided to list Solana-based tokens, Bonfida and Orca. A bullish outlook for the Solana platform may be perking up as even the Bank of America noted Solana’s priority toward scalability which could help its growth as a settlement layer. On the charts, Solana’s native token SOL has labored in a downtrend in the past two months. Could some relief be seen in the coming days, and can SOL break the downtrend?
04.02 / 16:37
Ethereum
ETH
Platform
VC funding
Wormhole restores hacked $300M through VC funding in largest ever DeFi bailout
The decentralized finance space experienced its first major setback of the year on 3 February when over $321 million in Ether were stolen from the cross-chain network Wormhole. While it was not the first multi-million DeFi hack this year, it was definitely the largest in this short time, and the second-largest ever.
04.02 / 13:08
04.02 / 10:59
Blockchain
Ethereum
Platform
GameStop
Australian
GameStop plans NFT marketplace with Australian blockchain startup
GameStop said it would launch a marketplace for nonfungible tokens later this year in partnership with an Australian blockchain startup, stepping into a trendy but unproven area of tech as the videogame retailer tries to turn around its struggling business.
04.02 / 10:59
Platform
Stocktwits adds live trading platform to social media service for retail investors
Stocktwits, the social-media service for retail investors, is adding live trading as an option for its users within the platform.
04.02 / 03:53
Target
Platform
BlackRock
TikTok
BlackRock says its foray into TikTok shows ‘critical’ battle for Gen-Z investors
BlackRock, the world’s largest asset manager, released its first video on TikTok, becoming the latest financial services giant to tap into the fast-growing social media platform to target Gen-Z investors.
04.02 / 02:51
Blockchain
Ethereum
Platform
Pool
ROCKETPAD’s Public Sale Goes Live, Brings Revolutionary Tier System
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
03.02 / 20:48
Blockchain
Provident
Telegram
Platform
Ratio Finance to Launch on Republic
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
03.02 / 20:47
03.02 / 17:39
UPS
Citi
Platform
Simulation
DROPP LAND Introduces a Geo-location Enabled NFT Platform and Metaverse
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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