New York, NY, February 16, 2024, Chainwire Introducing Kadena SpireKey, a human-friendly and secure way to seamlessly interact with any application by eliminating complex signing processes. Cadena Spire Key “Unlike today’s complex Web3 wallets, which require you to remember every wallet you’ve ever created, Kadena’s SpireKey uses WebAuthn, a technology developed by Google and Apple over the past 20 years to enable anyone to secure their digital assets directly from their phone. It helps. Or a computer. It’s as easy as receiving a message on your mobile device and providing your fingerprint as a signature. So can your uncle who…
Author: Crypto Flexs
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In a report released on Friday, Coinbase analysts outlined the factors that could support Bitcoin’s price dynamics in the coming months.“We believe Bitcoin will receive ample support over the next three to six months as more institutional players adapt to the new ETF reality,” Coinbase analysts said.Coinbase’s weekly report highlighted recent net inflows into 11 existing U.S. spot Bitcoin ETFs as an indicator of how institutional participation could be an important support factor for Bitcoin price dynamics.“We have seen tremendous net inflows, totaling an impressive $4.2 billion to date,” Coinbase analysts added.The Block’s data dashboard It shows that daily fund…
New York, NY, February 16, 2024, Chainwire Introducing Kadena SpireKey, a human-friendly and secure way to seamlessly interact with any application by eliminating complex signing processes. Cadena Spire Key “Unlike today’s complex Web3 wallets, which require you to remember every wallet you’ve ever created, Kadena’s SpireKey uses WebAuthn, a technology developed by Google and Apple over the past 20 years to enable anyone to secure their digital assets directly from their phone. It helps. Or a computer. It’s as easy as receiving a message on your mobile device and providing your fingerprint as a signature. So can your uncle who…
According to many news reports, Bitcoin is the best-performing asset class over the past decade.We’ve all heard of Bitcoin, but you might not realize how lucrative it can be. So let’s take a closer look.Is Bitcoin the best-performing asset class of the past decade?Edited by CEO complex capital advisor, Charlie Bilello examined the proceeds. 17 best-performing asset classes since 2011 And I made an amazing discovery.Asset class returns over the past 10 years…given away @ycharts pic.twitter.com/yRvdkIX1BV— Charlie Bilello (@charliebilello) March 13, 2021 Bitcoin is the best performing asset class of the last decade!Profits since 2011: +20,000,000%Bitcoin’s cumulative returns since 2011…
Somebody, somewhere, at some point decided they would destroy the competition by creating a barrier to entry. They made the barrier high so they could feel safe. It is logical to put a fence around your property, and perfectly fine to do so. The problem is when you put a regulatory fence over something that means you are not allowing anyone else to have a property like this. Just to make the distinction clearer a fence around your house is creating a cost for other people to get in the yard. A license to be able to have a fence…
Jupiter Asset Management was forced to sell $2.5 million of its XRP Exchange Traded Product (ETP) investment due to regulatory inconsistencies in the European Union regarding cryptocurrency investments. This investment had to be canceled due to Ireland’s firm stance against incorporating cryptocurrency assets into funds. This case highlights the need for a harmonized regulatory approach within the EU. This is because member states vary in their interpretation and application of the UCITS Directive, resulting in a lack of clarity and uncertainty for fund managers. Regulators in Ireland and France confirmed their opposition to the inclusion of cryptocurrency assets in funds,…
Siacoin (SC) surged by 20% in 24 hours as liquidity circulated around the $2 trillion cryptocurrency market. Siacoin is a native token decentralized cloud storage blockchain Sia launched in 2015 to allow users to rent unused storage. SC’s market capitalization rose to $733 million as the price rose, with daily trading volume surging 38% to nearly $200 million per CoinMarketCap. Siacoin price | Source: CoinMarketCap One of the fundamental missions of cryptocurrency is to solve the problems of traditional and centralized services. In keeping with this ethos, Sia plans to provide trustless access to secure cloud storage at competitive prices…
Friends, Since the last EF-Supported Teams report, progress has been made across the board. From improved network conditions, to the coming Istanbul release and Eth1.x and Eth2 development, all areas core to the functionality and sustainability of Ethereum are advancing. This series focuses on teams and efforts from the Foundation and larger Ethereum ecosystem that are working to grow and improve Ethereum as a whole. In this edition, we’re covering updates from many teams highlighted in the previous report, fully supported projects that are core elements of the Ethereum ecosystem like Eth2.0 Research, Geth and Solidity, and other ecosystem efforts.…
Injective announced that it has achieved cross-chain name service with Solana. This promotes interoperability with the first OmniChain domain release for both parties. This eliminates the need for domain changes while interacting with other ecosystems. This provides users with an improved experience. Simply put, users now only need to use a single domain name to transact across the Solana and Injective ecosystems. This can be better explained by mentioning that users will have the ability to have .sol domains by leveraging INJ. This further paves the way for the integration of Phantom. This will bring Solana and Injective closer together,…
Yuga Labs, the industry’s largest NFT studio, is getting bigger. The company announced that it has acquired competing non-fungible token creator Proof, best known for its Moonbirds collection.“As a company dedicated to championing art, culture and community on blockchain, we are excited to have PROOF join the Yuga ecosystem,” Yuga Labs CEO Daniel Alegre said in a statement.Yuga Labs declined to disclose details about the acquisition when asked how much the company might have paid to acquire Proof, founded by entrepreneur Kevin Rose. Proof’s Moonbirds collection was once one of the most popular NFT brands on the market, but it…