Decrypt Separates from Parent Company and Raises $10M | Curated CoinCodeCap #5 May 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
Our Blockshots Podcast 🎙️🎤
This week we speak to Rahul S., the CTO of Connext network, a protocol building primitives for blockchain interoperability. We discuss cross-chain bridges, multi-chain dapps, and the UX challenges of current bridging solutions.
LGT Bank has chosen SEBA Bank to handle Digital Asset Custody and Brokerage
As part of an attempt to establish digital asset custody and trading services for its clients, international financial services provider LGT Bank has chosen SEBA Bank to deliver its digital asset custody and brokerage services. Keep Reading »
The Governor of California has Issued an Executive Order on Cryptocurrency
Though the expansion of the crypto industry is backed by the masses, the industry also needs the support of the regulators and the government for rapid development. As of now, several governments have accepted digital currency. El Salvador and Panama have also given Bitcoin a legal status. Keep Reading »
Binance has committed $500 Million to Elon Musk’s Buyout of Twitter
Binance’s intention to engage in Elon Musk’s $44 billion takeover of Twitter could bolster digital currency advocates’ aspirations for a more “decentralized,” crypto-friendly social media platform. In April, the Tesla billionaire agreed to buy Twitter for $54.20 per share. The deal, which will turn Twitter into a privately held corporation, is likely to finalize this year, given stockholder and regulatory clearance. Keep Reading »
Tron Soars Ahead Of USDD Stablecoin Launch surpassing 100 million
On Thursday, decentralised USD (USDD), an algorithmic stablecoin was issued by Tron, the blockchain founded by entrepreneur Justin Sun in 2017 to compete with Ethereum. Keep Reading »
Is Bitcoin Gold a dead project?
Bitcoin Gold is a Bitcoin Hard Fork. It was launched in 2017 to be a more user-friendly alternative to Bitcoin. It hard forked from the Bitcoin blockchain on October 24, 2017, at block height 491406. Keep Reading »
Blockchain Nodes Provider GetBlock Added Arbitrum APIs: Details
GetBlock, a top-notch Blockchain-as-a-Service (BaaS) provider that supercharges decentralized applications on 40+ blockchains with high-performance API endpoints, adds nodes of Arbitrum, a resource-efficient Ethereum-based network. Keep Reading »
Is MetaSwap a Scam Project?
Decentralized smart agreement and DAO governance eliminate centralized supervision restrictions, greatly reduce issuance costs, and leave it to token holders for democratic decision-making. The project’s token Meta is a securitized equity asset-based encrypted token whose issuance is decentralized and unbiased. Keep Reading »
MM.Finance Hacked, Around $2M Stolen
MM.Finance was hacked on May 5th, where the hacker managed to inject a malicious contract address into the frontend code, and approximately $2M USD+ worth of digital assets has been compromised and bridged over to the ethereum network via multichain followed by Tornado Cash Keep Reading »
ECB Updates Digital Euro Privacy Options
The presentation, according to Patrick Hansen, Crypto Venture Advisor at Presight Capital, provides two “desirable” privacy possibilities beyond the baseline to be studied. Low-value payments require privacy, as do offline proximity payments, in which transaction data is not visible to both the intermediary and the ECB. Keep Reading »
Is Walt Disney Metaverse a Scam Project?
Etherscan has also labelled it as a fake Disney token. Unfortunately, not much information is available about this project. There is no whitepaper, no official website, and no official social media accounts. Keep Reading »
Is NodeGrid a Scam Project?
After long discussions amongst their team, they have decided that NodeGrid can no longer remain staffed. The selling pressure is extremely tough to counter, and they have spent a fair chunk of the protocol funds on marketing and buybacks to help everyone. However, they believe it to be in the best interest of everyone involved to discontinue operations. Keep Reading »
Tezilla Finance Rug Pulled
Tezilla Dev Team wanted to develop a game on the Binance Smart Chain and earn Tezilla coin while playing, i.e., completing three levels without destroying our vessel. NFTs were also going to be implemented within the game. NFT Tezilla Diamond Box included Random weaponry, vessels, and much more. Keep Reading »
Market Updates
NEXO Price Analysis May 2022
NEXO is a token of the platform Nexo. Its current price is around $2.52 by writing, with a low of $1.05, and has a market cap of 1.4 billion dollars. Keep Reading »
ZRX Price Analysis April 2022
ZRX is a token of platform 0x. Its current price is around $0.8124 by writing, with a low of $0.4514, and has a market cap of 688 million dollars. Keep Reading »
KNC Price Analysis April 2022
KNC is a token of the platform Kyber Network. Its current price is around $4.60 by writing, with a low of $1.17, and it has a market cap of 818 million dollars. Keep Reading »
SHIB Price Analysis April 2022
SHIB is a token of the Shiba Inu platform. Based on the writing, its current price is around $0.00002573, with the lowest point being $0.00000026, and it has a total market cap of 14.1 billion dollars. Keep Reading »
Top 3 Crypto to Look Out in May 2022: APE, LUNA, XRP
The crypto market is at a very interesting point right now. With the recent developments and the news, it is hard to predict which coins will be on top in May. However, there are some other promising coins that we should look out for in May. Keep Reading »
Top 5 Penny Cryptocurrencies to buy in May 2022: VET, XLM, BAT, CHZ, ZIL
The penny cryptocurrencies are those that are priced under $1.00. It has much lower transaction fees than larger coins, meaning you can buy more coins with your budget. Further, they are less volatile than larger coins, meaning you have a better chance of long-term growth. Penny cryptocurrencies are often still undervalued, so they may be worth more in the future. Here we have the top penny cryptocurrency to buy in May 2022. Keep Reading »
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