Author: Donald Munn
In some videos going around the web, Kyle Roche, a lawyer for the company behind the development of the Avalanche blockchain project, bragged about being friends with the company’s CEO and making ad hoc lawsuits against its direct competitors. Avalanche founder Emin Gün Sirer actually knows Roche but says he is totally uninvolved in the affair, specifying it is not in his modus operandi to use such means. Avalanche price Avalanche (AVAX) lost the most ground this weekend, leaving 15% in the field. Roche believes he was set up and, following a series of veiled accusations, revealed: “He asked for…
Within weeks of its announcement, Ripple’s project to tokenize some land expropriated by the government from the underworld appears to be facing unexpected difficulties. Ripple: tokenization of some Colombian land seems to stall The project that Ripple Labs had launched in collaboration with Colombian authorities to register via blockchain some portions of land confiscated from the underworld by the government is in serious danger of not materializing. This. https://t.co/88n6P8YLK6 — RippleX (@RippleXDev) July 29, 2022 The project, which had been launched in late July by the Colombian government in partnership with blockchain developer Peersyst Technology and Ripple Labs, was to…
Renowned host of CNBC’s Mad Money, Jim Cramer, spoke about his love-hate relationship with crypto, urging investors to avoid speculative assets like Bitcoin. Jim Cramer and the call to avoid speculative assets like Bitcoin and crypto in general American financial guru and former hedge fund manager Jim Cramer spoke during an episode of Mad Money about cryptocurrencies, this time in a not-so-positive way. Jim Cramer says avoid all speculative investments like #crypto. — Watcher.Guru (@WatcherGuru) August 31, 2022 “Jim Cramer says avoid all speculative investments like crypto.” In fact, it seems that right now his call toward investors is precisely…
According to the latest CryptoCompare report, Ethereum continues in its bull run, outperforming the market in both July and August. Ethereum-based products benefit from the rise Ethereum-based products led the rebound in July and continued to outperform in August. AUM (Assets under Management) for Bitcoin-based products fell 7.16% to $17.4 billion, while Ethereum-based products posted gains of 2.36 percent to $6.81 billion. In fact, even at a more granular level, no Bitcoin products covered in this report recorded AUM or volume gains in August. These are some of the findings from the company CryptoCompare’s latest cryptocurrency markets report just released,…
After the Ethereum Merge, scheduled for mid-September, ETH will no longer be mined on the old blockchain. In fact, as early as Sept. 6 there is news for those who work with Ethereum because on this date the hard fork will take place, so clients will have to be updated. Vitalik Buterin mentioned this in a Twitter post yesterday: Reminder: even though the merge is coming around Sep 10-20, the beacon chain hard fork is on Sep 6. Make sure to update your clients before then! https://t.co/x8GQCbtNNk — vitalik.eth (@VitalikButerin) August 30, 2022 The effects on mining pools with the…
Russia Prime Minister Mikhail Mishustin said cryptocurrencies are needed for foreign payments. Russia wants to exploit cryptocurrencies in international payments On the sidelines of a think talk on the development of Russia’s financial system, the country’s prime minister opened up on digital currencies, which he said are becoming necessary for cross-border payments. Blockchain is a technology that can offer great possibilities for Russia, according to Mishustin, as long as it is controlled by the government: “We need to intensively develop innovative areas, including the adoption of digital resources. It is a safe alternative for all parties who can guarantee uninterrupted…
Travala, a company that offers a platform for booking planes and hotels by paying in cryptocurrency, announced today its goal of having the lowest prices when it comes to flights. The company has, in fact, decided to avoid using an intermediary for the so-called global distribution system (GDS), to create a new standard New Distribution Capability (NDC) to enable travelers to receive cheaper flight prices. Travala.com, by eliminating the middlemen, will now be able to refer directly to the airline’s booking system and not to a system created by a third party, and obviously in this way more competitive costs…
The South American province of Mendoza, in western Argentina, has decided to accept Bitcoin and other cryptocurrencies for tax payments. Specifically, this is the Mendoza Tax Administration (ATM), which has added on its official website the possibility of paying taxes in cryptocurrency since last August 27. The government, however, will not keep any kind of cryptocurrency, but they will be immediately converted into pesos by an online payment company that has not yet been revealed. Crypto-friendly Argentina? Bitcoin use expands As early as 2021, a bill was introduced in Argentina that would have introduced salary payments in Bitcoin and cryptocurrencies.…
SPONSORED POST* Some premonitory signs of a bullish stock market are appearing. The ratio of the VIX index to the VXV shows a definite figure along with the S&P 500, which continues to close positive. What the relationship between the VIX index and VXV shows The VIX index, which measures market volatility and in a sense the “fear” of investors, has declined for eight consecutive weeks, the longest series in three years. It shows, therefore, a clear optimistic sentiment, but it is even more useful to analyze the VIX/VXV ratio. The VIX is the 1-month implied volatility, while the VXV…
LONDON — August 30, 2022 — Zebu Live, the annual two-day live crypto conference experience that showcases the people of the Web3 revolution, has partnered up with decentralised cloud computing network Cudos and carbon management provider Blue Marble to make Zebu Live a completely carbon neutral event. Zebu Live is a showcase of 75 of the brightest speakers in the Web 3 industry from top global crypto companies, including Dragon & Thirdweb Co-Founder Steven Bartlett and Founder and CEO of Aave Stani Kulechov. ZebuLive: London’s biggest WEB3 conference As an exhibit of the prowess within the crypto world, Zebu Live…