Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Arker Completes Seed and Private Rounds Following its Incubation by Everse and Unicrypt
Arker: The legend of Ohm is thrilled to announce that it has closed its seed and private round, which managed to raise a total of 2.4 million led by Everse Capital. Meanwhile, its IDO will take place on December 10 on Unicrypt. Partners who participated in the SLSeed round included Spark Capital, Basics, Avstar, Cinchblock, Dextools, Exnetwork, IBA, M6, Magnus, Maven, Nexo, X21, Unicrypt, Raptor, Unlock, Venus, Tranquility investment group, and GGG. Arker ($ARKER) will be available on BurningDrop from…
4 years ago
Jack Dorsey’s Spiral Announces Dev Kit For Lightning Network
Cementing his commitment to building on Bitcoin, Jack Dorsey’s “Spiral” (formerly “Square Crypto”) has released its Lightning Development Kit (LDK). The kit is available on GitHub and it helps people “build a lightning node without worrying about implementing low-level lightning logic correctly.” That means developers have received an easy-access resource for integrating Bitcoin payments into other apps. The Lightning Dev Kit Spiral announced its new coding library through a humorously presented video trailer on Monday. Its inspiration comes from an…
4 years ago
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BadgerDAOHow a group of hackers entered BadgerDAO and stole $120 million
Although the blockchain world is taking significant steps forward in terms of security, sometimes the system fails to protect its users. For example, last week, the BadgerDAO exchange was the victim of a hacker attack that, in a few minutes, did a great deal of damage to the portal. With access to only 23 wallets, the hackers managed to withdraw BTC and ETH worth $120 million. Investigations into the theft are ongoing, and Badger provides full support to the authorities…
4 years ago
Bitcoin Breaks $51,000 As Whales Buy The Dip
Days after Saturday's Bitcoin crash, the crypto market showed signs of recovery. Bitcoin shot past $51,000 per coin, up 7.8% in the last 24 hours. The largest crypto added some $72 billion to its market cap, which reached $969 billion. Bitcoin's rebound boosted other significant cryptos, usually trail the crypto market leader. Ethereum reached $4,390, a 10% increase over the day. Binance Coin traded at $588, up 6.42% in the same period. Solana jumped 12.37% to $201.66, while Cardano spiked…
4 years ago
Helicon NFT Review – DeFi, NFTs, and Gaming, All in One Place
HeliconNFT is a blockchain-based project seeking to combine DeFi, NFTs, and gaming into one global ecosystem. In this regard, it comes with innovative features that bridge the gap between traditional, centralized games and blockchain technology. The platform is a self-custodial (DAO) marketplace built on ETH layer-2 for NFT developers, gamers, and DeFi traders. It enables users to mint and collect NFTs, use them in games, or trade them in the Helicon marketplace. When referring to its ecosystem, HeliconNFT proudly states,…
4 years ago
First Wikipedia Edit To Become An NFT
With billions of page views each month, Wikipedia is one of the most popular online encyclopedias globally. The website's popularity derives from the breadth of its content and the network of users who keep the information updated voluntarily. Wikipedia was born in January 2001 and, after a difficult start, it managed to gain popularity year after year. Today the online encyclopedia takes a new step in its future, entering the NFT sector for the first time. Our article will remind…
4 years ago
World’s First Bitcoin Lightning Payroll Processed by BitWage
History has been made in the realm of Bitcoin and cryptocurrency payments. For example, Bitwage – a cryptocurrency payroll and asset services company – recently processed the world’s first lightning network payroll. In what seems like a growing fusion between Crypto and Sports, the payroll belonged to USL professional soccer player Alex Crognale. Powering The Bitcoin Salary BitWage revealed the milestone in a statement to Bitcoin Magazine earlier today. Both Crognale and Bernard Parah – CEO of Bitcoin native Fintech…
4 years ago
WMA: Bitcoin Drops Below $50k amid Fears of New COVID Variant
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,287 trillion. Bitcoin is down by almost 9% and trading below $50,000. Ethereum is up by almost 3% after a good week. XRP dropped by almost 12% to trade further below $1. Almost all altcoins have traded in the red for most of the week. The DeFi sector lost nearly $3 billion in Total…
4 years ago
Yellen and Powell Concede That Inflation Isn’t Transitory
Bitcoiners have maintained that inflation is here to stay for months, and politicians wake up to that reality. Janet Yellen – Treasury Secretary of the United States – recently admitted that rising prices in the US are no “transitory” phenomenon. Her words echo those of Federal Reserve Chairman Jerome Powell, who said days ago that we should “retire” the term. Inflation Isn’t Ending Soon, Says Yellen Yellen offered her inflation forecast during a Reuters-sponsored event on Thursday. According to the…
4 years ago