Cardano Founder Says Blockchain Can Radically Transform How Governments Operate

According to Hoskinson, blockchain technology could ‘radically’ transform the future, create better government services across the globe, and make them interoperable with each other – which is exactly what he plans to achieve, Yahoo Finance’s Brian McGleenon reported on July 14. As he told in an interview with Yahoo Finance’s ‘The Crypto Mile’: He underlined that in a centralized system, “one person basically gets to decide those rules, and oftentimes, those become very anti-competitive and they actually become anti-consumer,” ending up “hurting people or exposing people to a lot of market failures....

December 13, 2022 · 2 min · 257 words · Aldo Seiber

Cardano Is 47 000X More Energy Efficient Than Bitcoin Data Shows Finbold

Notably, the largest Proof-of-Stake (PoS) asset Cardano (ADA), is 47,200 times more energy-efficient than the Proof-of-Work (PoW) flagship cryptocurrency Bitcoin. In particular, the energy usage of the Whole Network TWh for Cardano is 0.00277429; in contrast, Bitcoin uses 131.0 TWh per year more than entire countries like Ukraine and Norway, according to the statistics released by Cardano Blockchain Insights. However, despite the controversy over Bitcoin’s energy consumption and environmental impact, Finbold indicated in an analysis of a report by CoinShares, published on January 25, 2022, that BTC accounted for only 0....

December 13, 2022 · 2 min · 315 words · Minnie Jacobs

Chinese Fintech Firm Lufax Raises 2 4Bn Ahead Of Nyse Debut Finbold

Upon listing on NYSE, Lufax will be trading using the ‘LU’ ticker. The offering is expected to close on November 3, 2020, upon meeting the customary closing conditions. Reports indicate that Lufax sold 175 million American Depository Receipts at $13.50 each. The company’s listing on Wall Street adds to the number of Chinese firms listing on NYSE this year. Lufax enjoys backing from China’s leading insurer Ping An Insurance Group....

December 13, 2022 · 2 min · 258 words · Charles Mathews

Coingate Enables 70 Cryptocurrencies For Donations Directly To Ukraine S National Bank Finbold

Therefore, CoinGate has opened a payment page that allows crypto users to donate more than 70 cryptocurrencies directly to the NBU bank account, according to the statement shared with Finbold. The donated crypto is collected by CoinGate and converted to EUR, while the funds are approved, monitored, and transparently sent to NBU by International Banking Settlement, an Electronic Money Institution based in Lithuania. Crypto donations to Ukraine are now more accessible Until now, Ukraine’s official Twitter account stated that it accepts only BTC, ETH, and USDT cryptocurrency donations....

December 13, 2022 · 1 min · 156 words · Jason Kirk

Covid 19 Relief Package To Create 1 5 Million Jobs Analysis Shows

This translates to an increase in GDP of $812 billion over the next two years, the analysis says. The reduction in GDP is also expected to slow down to 30% in Q2 of 2020 rather than the initially projected 37% which would have played out without the relief in place. The unemployment rate which could have risen to 12% will now be limited to 11%, also as a result of the relief package....

December 13, 2022 · 3 min · 459 words · Thomas Fowler

Creating A Simple Slideshow Using Javascript

Feel free to use the example code shown below and build upon it so you can add more sophisticated components for your slideshow. Using the example below, you can control how many images are included in the show and the duration of each slide. The HTML The only HTML code needed is a simple containing one (image) element. Make sure that you assign an id to the image element. Here is an example…...

December 13, 2022 · 2 min · 297 words · Dulce Bolton

Crypto Community Bets Xrp To Reach 0 66 By June 30 2022

Indeed, the community at CoinMarketCap is projecting that the XRP token will trade at an average of $0.66 on June 30, 2022, according to the latest predictions using the platform’s ‘Price Estimates’ tool that allows users to make crypto price predictions and see their average score. Notably, the crypto community’s XRP price forecasts indicate an average price of $0.06594 on June 30, 2022, which is an increase of $0.2431 or 58....

December 13, 2022 · 2 min · 307 words · William Meyer

Crypto Community With 83 Historical Accuracy Sets Bnb Price For May 31 2022

Indeed, the community of voters at CoinMarketCap has estimated, with a historical accuracy rate of 83% and 4,817 votes, that the largest crypto exchange’s digital currency would trade at an average of $423.99 by the end of May 2022. Specifically, the forecast price indicates a $14.55 or 3.55% increase from the decentralized finance (DeFi) asset’s current value of $409.44. Meanwhile, the votes from 2,187 community members for the end of June have set a tad higher growth goal than May’s – estimating that the coin would trade at $425....

December 13, 2022 · 2 min · 258 words · Ruth Edmund

Crypto Hackers Loot 2 Billion In H1 2022 As Cybercriminals Thrive

Since January 1, 2022, cybercriminals have managed to get away with $1.97 billion from 175 crypto project hacks, according to the data analyzed by the Atlas VPN team in a press release shared with Finbold on July 5. The prevailing victim of these attacks was the Ethereum (ETH) ecosystem, which lost over $1 billion in 32 hacking attacks. In particular, the most damaging event was the attack on Ronin, an Ethereum sidechain designed for the popular play-to-earn blockchain game Axie Infinity (AXS), in which the cybercriminals took more than $600 million in ETH and USD Coin (USDC)....

December 13, 2022 · 2 min · 422 words · Mike Shummon

Crypto Market Dwindles But Not Lamborghini Sales Dealers Say

The recent drop in the price of cryptocurrencies has caused second-hand marketplaces to be overwhelmed with other luxury products, including watches made by Patek Philippe and Rolex, amongst others; yet, Lamborghini dealers continue to do rather well, Bloomberg reported on August 5. The robust demand for supercars provides evidence that the majority of its owners belong to an exclusive group of individuals known as trophy seekers. These individuals are so affluent that they are practically unaffected by shifts in the market....

December 13, 2022 · 3 min · 468 words · Tosha Mccarthy

Crypto Market Reclaims 2 Trillion Capitalisation As 50 Billion Inflows The Sector

The market has attracted an inflow of about $48 billion from $1.97 billion to $2.04 billion, data provided by CoinMarketCap indicates. The valuation has been led by high-cap cryptocurrencies like Bitcoin and Ethereum. For instance, Bitcoin has gained over 2% in the last 24 hours to trade at $43,000, while Ethereum was valued at $3,200 by press time. The gains point to bullish market sentiment, considering that most digital currencies have been trading in the red zone over the last two months....

December 13, 2022 · 2 min · 356 words · Morris Tucker

Crypto Related Job Postings Grow 118 Amid Rising Blockchain Adoption

Data provided to Finbold by cryptocurrency trading simulator Crypto Parrot indicates that in 2021 as of July 16, software development had the highest share of 29.7% of all crypto and blockchain job postings. However, the posting has plunged 14.56% from the 34.8% share during a similar period last year. Management jobs recorded the second-highest share in 2021 at 10%, representing a growth of 29.87% from 2020. Crypto and blockchain technology jobs under human resource, marketing, and finance recorded the highest growth rate between July 16, 2020, and July 16, 2021, at 200%, 105....

December 13, 2022 · 2 min · 317 words · Ralph Evans

Crypto Trading Expert Outlines Crucial Level Bitcoin Needs To Flip For Bullish Continuation

According to prominent crypto trading expert Michaël van de Poppe, Bitcoin would need to flip the $30,300 price level so it could continue advancing towards $31,800, as Poppe said in his tweet on June 3: Meanwhile, Bitcoin has reclaimed its 10th spot as the world’s most valuable asset in the world, on the list of 6,265 commodities and companies dominated by gold, Apple, and Saudi Aramco, and altogether worth $86....

December 13, 2022 · 2 min · 257 words · Adeline Allard

Crypto Weekend Surging Eth Price Lifts Crypto Market Cap Over 1T

Ethereum has just powered to its highest ever price of $1,475 according to leading exchange, Binance. The move added almost 20% to the asset’s price over a 24 hour period as it lifted off from just over $1,200 on Sunday. At the time of writing, Ethereum prices had retreated a little but the world’s second largest digital assert was still trading above $1,400. The total market capitalization for all cryptocurrencies was back over a trillion dollars once again....

December 13, 2022 · 2 min · 392 words · Christina Shores

Cryptocurrency Market Starts 2023 By Reclaiming 800 Billion Market Cap

Indeed, as of January 2, 2023, the global crypto market capitalization reclaimed the $800 billion level to stand at $807.17 billion, although the value represents a drop of about $4.27 billion from the December 26 figure of $811.16 billion. On the weekly chart, the market cap hit its lowest point on December 30 at $788.93 billion. It is worth mentioning that the crypto market briefly reclaimed the $1 trillion market capitalization towards the end of 2022 after getting a boost from positive macroeconomic-related news....

December 13, 2022 · 2 min · 382 words · Gerald Maya

Data Hints At Correlation Between The S P 500 Now And During The 2008 Collapse

Though bear markets and crashes are hard to predict, a minority of market participants seem to have a premonition for doom approaching. Micheal Burry is one such investor who predicted the famous 2008 crisis and has recently warned of impending doom coming as it looks like his calls will be vindicated. For example, there seem to be eerie correlations in behavior between the S&P index in 2008 and today. Namely, the founder of Mott Capital, Michael J....

December 13, 2022 · 3 min · 438 words · Laura Mccrory

Disney Stock Could Surpass Prior Peak Earnings Says Morgan Stanley Analyst

Morgan Stanley (NYSE: MS) analyst, Benjamin Swinburne noted that Disney is priced below the price it traded at when it launched its Disney+ streaming service, and despite macro pressures on the stock, he believes the price is attractive and rates them ‘overweight’. He also added: DIS chart and analysis Meanwhile, shares of the company are down over 39% year-to-date (YTD), staying in a continuous momentum downward since November 2021. Recent trading sessions have seen the shares close below all daily Simple Moving Averages (SMAs), trading near the pandemic lows when worries around the parks and cruise part of the business were at its highest....

December 13, 2022 · 2 min · 229 words · Teresa Dodson

Dogecoin Wallet For Ios Goes Live Meme Coin S Co Founder Reveals

The news was broken by Dogecoin’s co-founder Billy Markus in a tweet on March 4: Markus also said that the non-custodial wallet app wasn’t created by the Dogecoin team. Instead, its creation was entrusted to a group of independent developers. According to a tweet by the MyDoge Wallet team, the app supports transfers of DOGE to the wallet from any cryptocurrency exchange and other crypto wallets, including Robinhood and Coinbase....

December 13, 2022 · 2 min · 243 words · Philip Lynch

Dutch Neobank Bunq Raising 228M In Series A Funding Largest By Eu Fintech Firm

Pollen Street Capital will lead the funding round alongside Bunq’s founder and CEO Ali Nikanam, who is investing $29.5 million. Since its inception, Bunq has remained self-funded by Nikanam. The funding deal will see Bunq also acquire Irish lending company Capitalflow Group previously owned by Pollen Street Capital, TechCrunch reports. Since the company’s inception in 2012, Bunq has turned down potential venture capital funding over the years. Over the period, Niknam has invested $116....

December 13, 2022 · 1 min · 165 words · Rosa Piper

Elon Musk Could Be Stepping Down As Twitter Ceo How Will Doge React

Indeed, Musk posted a poll asking the community whether he should step down as head of Twitter (NYSE: TWTR) and promising to respect the poll results. By press time, the majority (57.6%) of poll participants said ‘Yes,’ out of over 16.7 million votes as of December 19. Interestingly, Ethereum (ETH) founder Vitalik Buterin commented on Musk’s poll, which currently has 42.4% of pollsters voting that he shouldn’t step down, expressing his respect for deciding to post and abide by the public opinion poll....

December 13, 2022 · 2 min · 269 words · Evan Angle