Indonesia had 7.2 million digital currency owners in 2021. Nahdlatul Ulama has declared Bitcoin haram. One of the world’s most influential digital currency centers has banned banking institutions from involving in digital currency. Amid increasing pressure from influential religious groups, Indonesia’s banking regulator has reaffirmed its prior warning against the
Bitcoin is up 1.26% in the last 24 hours. Bitcoin bulls face severe barriers between $37,500 and $38,500. As most Asian markets prepared for the weeklong Lunar New Year vacation, Bitcoin and other cryptocurrencies saw minimal movement over the weekend due to low trading activity. Despite the crypto market’s steep
Solana-based wallet Phantom has received $109 million in Series B funding to extend its cross-platform capabilities outside Solana. Paradigm, an investment company specializing in crypto and Web3 firms, led the fundraising round. Along with Andreessen Horowitz, Jump Capital, and Variant Fund, Phantom has received earlier financing from the above-mentioned and
Shopify now allows clients to pay using cryptocurrency and facilitates NFT sales. Tobi was an early adopter of e-commerce, founding the ecommerce firm in 2006. Coinbase said that it would appoint the CEO and co-founder of Shopify to its board of directors. According to the firm, Tobias ‘Tobi’ Lutke will
Ethereum’s inflation rate is said to be comparable to that of Bitcoin. Wood’s positive outlook on Ethereum inspires confidence within the community. Overwhelming attention in the crypto community is focused on Ethereum, the biggest altcoin by market capitalization. ETH’s inflation rate continues to fall, causing BTC to fade into the
There’s been a rise in the number of cryptocurrencies, while the strength of crypto tokens is usually measured with market capitalization and volume. Eventually, the growth of the market cap signifies the distribution of crypto tokens over the globe. Let’s look into crypto projects whose market capitalization volume is under
Let us look at the top 3 NFT tokens by market capitalization. Decentraland (MANA) As a virtual reality platform powered by the Ethereum blockchain, Decentraland (MANA) lets anyone develop, enjoy and sell their content and apps in a safe and secure environment. According to CoinMarketCap, the Decentraland price today is
This marks the end of the proof-of-work and the complete move to proof-of-stake. Kintsugi application testing deployments will begin shortly. In December, the Ethereum Foundation launched the Kintsugi Merge testnet, which garnered attention last month. Using the testnet is the primary goal of the post-merge Ethereum experimentation and identifying critical
Unizen, a major participant in the “Centralized Decentralized Finance” field, has announced a new project to bring the concept closer to reality. Intending to bring together DeFi developers and decision-makers at conventional, centralized finance (CeFi) firms and combine the benefit of a centralized exchange with decentralized cousins, the smart exchange
Currently, the ICP can process 250,000 requests per second. Internet Computer is down 4.41% in the last 24 hours. There are plans to integrate Bitcoin and Ethereum into The Internet Computer before the end of the year, according to a roadmap published by The Internet Computer for 2022 and beyond.
