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This move was prompted by the Otherside metaverse project’s problems. Otherside metaverse project should be relocated to Avalanche as per the proposal. According to a request presented by the L1 blockchain platform, ApeCoin DAO’s APE currency and its Otherside metaverse project should be relocated to Avalanche. According to the proposal,
Elon Musk’s SpaceX and Tesla will both accept Dogecoin as payment for items soon; he tweeted Friday, “Tesla merch can be bought with Doge, soon SpaceX merch too”. “Maybe one day,” he said when asked whether DOGE might be used to pay for Starlink subscriptions, a broadband satellite internet service.’
The talks or even people rather noticing the stablecoins have been almost nil, until the recent Terra UST downfall. Since the past two weeks, the focus towards stablecoins has catapulted like anything. Amidst such scenarios, the most widely preferred stablecoin available in the market and indeed the best, has upgraded
A “multi-million dollar fund” called the Terra Developer Fund was announced. Polygon has been down 4.23% in the last 24 hours. Recent bearish engulfing candlesticks in MATIC have significantly hindered purchasing attempts as the alternative has gone below its three-month trendline resistance. MATIC might go into a downward spiral in
Introduction It isn’t the same as owning cash when it comes to cryptocurrency. Some exchanges, however, enable you to deposit cryptocurrency and receive interest like a savings account. If you put your crypto up as collateral, several services allow you to borrow money from them. Nexo is yet another cryptocurrency
Proof of work (PoW) is a decentralized consensus mechanism. Bitcoin using peer-to-peer technology. The cryptocurrency market is already in a downturn. The king of digital currency Bitcoin (BTC) is holding roughly 44% of the market share. When Bitcoin began to decrease, the entire crypto market collapsed. In this situation, the
Crypto specialists are getting more pessimistic about how far the bear market will go. From February to April, the association between BTC and the NASDAQ became stronger. There were no significant changes in cryptocurrency prices during the trading day on May 25. Traders stayed on the sidelines ahead of the
Andreessen Horowitz has now raised a total of $7.6 billion for crypto and blockchain. The firm is planning on continuing its crypto investments despite market condition. Rumors that Andreessen Horowitz intends to shatter the benchmark for a record-breaking crypto fundraising earlier this year have been verified by the company. Andreessen
Morgan Stanley puts forth their views on crypto regulations. New legislation upon cryptocurrency raises speculations. The U.S may soon come out with its own CBDC. One thing which completely confuses the entire crypto market of any nation, is the frequently changing rules and regulations being imposed on them. Indeed, such
QANplatform, announced on May 24, 2022, that it was selected to become part of the leading online global accelerator — Newchip Accelerator. Newchip Accelerator’s portfolio features more than 1,500 graduates, raising more than $450 million in funding. The portfolio itself is now valued at more than $9 billion. The accelerator
